Tristan Borkowski

Aim to maximise your cash savings

It might shock you to know that 28% of people hold their cash in interest-free savings accounts⁽¹⁾, receiving no return on their hard-earned money. Because under current rules a basic rate taxpayer can earn up to £1,000 in interest from their savings without paying tax, these people could be missing out on a significant financial boost that they could be enjoying.

This is even more relevant when you consider that the average person typically holds up to 25% of their available money on cash deposit⁽²⁾. So, by reviewing your cash and tackling any ‘lazy money’, you’ll be making a great start at getting your finances in shape and achieving longer-term financial security.

If your money isn’t working as hard as it could, I can help. By making it easy to access potentially better interest rates, I can help you to aim to maximise your cash savings – giving you more money to spend on the things you enjoy or helping you grow your money towards a longer-term goal.

¹ Building Societies Association Sept 2024
² The Lang Cat: Cash as an asset class survey June 2024

Cash on deposit advice is not regulated by the Financial Conduct Authority.

Based in the New Forest, I help people plan their desired lifestyle by understanding their priorities and the financial future they want to achieve.

Here is how we work through it together:

• Understanding your current situation pinpointing how to maximise what you already have to provide for the life you want
• Help simplify the complex tax efficient options available, explaining how they work by outlining their pros and cons
• Regularly update the planning by keeping you up-to-date on the changing tax laws and pension changes

Outside of my professional life, walks and bike rides in the New Forest keep me active, along with volunteering with youth charities and a recent venture in public speaking.

Thank you for reading and hope we can work together.