Last week we recorded the 10-year anniversary episode of the This is Money podcast in front of an audience.
At one point, we were talking about Coins and I joked that I’m holding them – a slang term popularized by the crypto world, meaning don’t sell your bitcoin, ethereum and friends when the prices go down pay.
In other words: hold on for dear life.
And that’s what I do with Real Money. Although my holdings in the NS&I savings product do not depreciate like crypto, they are affected by inflation in a manner of no return.
The average holding in Personal Finance is £5,250, and around 24 million people have it – many, more than £50,000, others less than £100 , probably sold since the late 1950s.
They have also appeared in recent news, as well the average interest rate will drop to 4 percent from a high of 4.65 percent – the third cut since March and back to the August 2023 level.
Bad return: 0% return on my investments since 2022 – but I’m still holding on
Cheapest Money Shops
| The property | Area | Value of bond |
| £1,000,000 | Kent | £49,950 |
| £1,000,000 | Cumbria | £10,000 |
| £100,000 | Kent | £50,000 |
| £100,000 | Croydon | £5,000 |
| £100,000 | Northern Ireland | £10,000 |
| £100,000 | Wiltshire | £49,999 |
| £100,000 | West Midlands | £50,000 |
| £100,000 | Essex | £32,420 |
More December 2024 winners
The odds of winning a £1 Cash Bonus are 22,000 to one. The more you keep, the more you will earn every month.
My return since opening two and a half years ago was 0 percent. That’s right, I haven’t gotten a degree yet.
I should point out here that I’m just shy of average, with my two biggest investments in mid-2023 and early 2024.
With luck, I should have won *something*, but alas, I didn’t.
‘Move your money you fool’, has been going through my head a few times in recent months and with the price drop, it has become more and more important.
But the thing is, there’s no such thing as a monthly savings yield that gives you the thrill of a big win every month – which is probably the biggest reason people won’t consider moving, unless rates go south.
In addition, you can publish your site at any time, unlike, say the lottery, I will not get into it.
Going back to the live podcast, after the show is recorded, I’ll be joining some of the listeners, which are the most common questions listeners ask me – and tell their own stories about Income Taxes.
In short, it is clear that we Europeans love them very much, and like the weather, they are a great subject to complain about.
Most of us know a friend of a friend who has won a big jackpot. Earlier in the year, an acquaintance told me that her mum had raised £50,000.
Hope you get it.
Income Taxes are a fraction of my savings, investment and pension funds. The cornerstone is always a pension, alongside Isa savings – cash and stocks and shares.
And even though I’m not about to increase my £20,000 annual allowance, I’m still keen to be in on the winning side with Bonus Money.
They are a perfect home for those who have topped up an Isa and built up a nice pension pot – with a £50,000 limit, plus tax-free gifts and a government-backed guarantee that doesn’t matter.
There are now almost 1.2 million Cash Coins issued, which is one of the reasons why it is harder to win with smaller countries.
At the other end of the spectrum, if you’re just starting out on the savings and investment journey, they may not be the right home for your money – start with regular savings, build a pot, then build a portfolio different, then think about it.
Yes, sometimes people win big on less than £1,000 – but this is rare and not the norm.
Yes, in the final price, the average holding someone who earned £100,000 was £41,141 and for £50,000 it is £40,813.
After the last 12 months, the average price of a £1million shop is £36,949. But nobody holding less than £10,000 won this year – and nine of the £1million winners took home the maximum of £50,000.
It’s different, in my view, that empowers small countries – and that’s for the kids… although some financial experts may disagree.
Yes, it’s better to make money in a Junior Isa, than a stocks and shares Isa, but Cash as a different gift for birthdays and Christmas is better in my opinion than another random play. from family members and friends.
Money may not grow with little cash flow, but over time, it will add up – and with experience, seniors can wrap their heads around Freelancers. more than money and vice versa.
So, should I buy them all and buy them again? That’s a classic myth in the world of Premium Bonds… the numbers are pretty bad, especially among those who bought them ten years ago.
But by doing that, I only lose the prize – and have the same chance of winning all the bonds. It’s a fact that people are buying more in bulk now compared to the odd bags here and there in the 1950s and 1960s.
You can read a Premium Bonds is the theoretical part I helped put it together a few years ago.
As for what can be seen, I will take it. What are your Income Plans? I need to know: lee.boyce@thisismoney.co.uk
SPEND MONEY, TO PEOPLE
1% cash back
1% cash back
For credit card expenses. Max £15 p/m*
Electricity bills
Electricity bills
Find out if you can save with a fixed price
Free distribution
Free distribution
No account fees and free sharing
4.5% 1-year Isa
4.5% 1-year Isa
Hampshire Trust and Hargreaves Lansdown
Sipp discount offer
Sipp discount offer
Get six months free on a Sipp
Affiliate link: If you download a product This Money earns a commission. These prices are selected by our editorial team, because we think they are worth celebrating. This does not affect our independence. *Furthermore: Refunds are available for the first year. Exceptions apply. 18+, UK resident.
Some links in this article are affiliate links. If you click, we may receive a small commission. That helps us fund This Is Money and keep it free to use. We do not write articles to promote products. We do not allow any commercial relationship to affect our privacy.
