One year investment bonds with fixed rate savings account will make me plan with a lot of confidence since I know exactly what the money is going to do for me. With it, I can start and expand my business. Some of these bonds have great interests because the more money you save the higher the interest.
When I invest the money to grow for one year, I will be guaranteed of an attractive package. It is better to save quite a huge amount because it follows the higher the amount saved the higher the returns. I can then choose whether to get the interest monthly or annually. The account can be managed or opened online for twenty four hours to confirm the amount and know the exact figure the savings are earning. During the term of these one year investment bonds early access and closure is not permitted because the money has been tied up for a better rate. The bonds can also be ideal for boosting the monthly income. The interest is paid after deducting the income tax at the appropriate rate.
The bond with a fixed savings account is very useful to us especially when we have a specific goal like starting a certain business. It is ideal for some money that is not in use at the moment, but will be needed in the near future. It is a good way of saving money because of the restricted access and the fixed rate carried annually. The cash grows and eventually produces very good results.