Even though inflation has started to fall, the clamour for savings accounts which beat inflation has never been stronger. But whilst it’s important to beat inflation, is this the only thing savers should be taking into consideration when selecting a savings account?
Why is it important to beat inflation?
Simply put, if your savings don’t grow by an amount equal to inflation, the buying power will be reduced and you will lose money in real terms.
To put it another way. If at ...