Another easy way to make money is to make sure your savings are working as hard as they can.
If you’ve had the same savings account for a while it might be worth shopping around because new customers tend to get the most competitive rates.
Good rates come and go, but if you've had a savings account for more than a year the chances are the interest you are earning is not the best out there.
If you have a lump sum that you are prepared to lock away for 12 months or longer, then a fixed-rate account might be best.
This type of deal will also protect you from interest rate cuts.
If you want to start a savings habit then a regular savings account is a good way to ensure you put a set amount of money away each month. But if you want to make deposits as and when, an instant access deal could be the one for you.
However, if you haven't yet used your ISA allowance for the current tax year then this sort of account should be the first home for any savings.
You can save up to £5,100 each tax year as cash in an ISA and this will not be taxed.
Compare the top savings and cash ISA accounts in the market.
Go to:-
http://www.moneywise.co.uk/work-wages/make-more-money/20-ways-to-make-money-your-spare-time
