In this video, I discuss how Irish savers are losing over 5 billion a year due to low interest rates in Irish banks. I explain how you can get higher returns by switching your savings to non-Irish banks with higher deposit rates. I also highlight the importance of having an emergency fund and recommend an instant savings account that offers 1.56% interest. Additionally, I share how you can earn even higher returns by tying up your remaining savings with a three-year fixed deposit. Don't miss out on these opportunities to make your money work harder for you!
00:00 Introduction
00:27 The Problem with Irish Banks
00:54 Building Your Emergency Fund
01:34 Accessing European Deposit Accounts
01:56 Considerations and Tax Liability
17 авг 2024
