Cash ISAs are the most popular among the range of Individual Savings Accounts. They hold more than £300 billion, growing at a rate of £30 billion a year, but most people are using them for the wrong reasons
Here is the tax email
https://financialinterest.com/weird-tax-rules/
The brokers I use: 📈
Trading 212
https://trading212.com/promocodes/DAMIEN
If you do not get your free share after depositing £1. Use promo code DAMIEN, you will find it in the section with the three lines in the bottom right corner of the app.
InvestEngine
https://investengine.pxf.io/eKR40z
Get a Welcome Bonus of up to £50 when you invest at least £100 with InvestEngine
Vanguard
https://www.vanguardinvestor.co.uk/
This is not an affiliate link
Financial education resources:
https://maps.org.uk/en/work-with-us/financial-education-in-schools#Resources-to-support-financial-education-teaching
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This video does not represent financial advice, and I am not a financial advisor. When investing, your capital is at risk. Investments can rise and fall and you may get back less than you invested. Past performance is no guarantee of future results.
Timestamps:
00:00 - £280 Billion
00:39 - 69% of wealth
02:25 - Cash ISA popularity
03:14 - Nominal value
04:20 - Taxation
06:50 - When to use ISA instead of a savings account
08:05 - Savings problem
09:50 - Financial education
10:47 - Uses for a Cash ISA
11:01 - Inflation