Savings
Coverage of Savings in the Nexus archive.
- Taxpayers are forking out £25m each week on benefits cheats who hide their savings
Taxpayers are spending £25m weekly on benefits cheats who conceal their savings. The issue highlights misuse of public funds through fraudulent benefit claims.
- Has the gold rush come crashing to a halt? As prices plummet, investment experts reveal what to do if your savings are kept in the precious metal… or if you should snap it up now on the cheap
Gold prices have plummeted, raising questions about the end of a gold rush. Investment experts advise on managing savings held in gold or opportunities to buy at lower prices.
- A proposed Medicare reimbursement change could reshape hospital drug pricing
The Trump administration is proposing a rule to prevent hospitals in the 340B program from billing insurers above discounted drug costs for Medicare patients, aiming to save $1.1 billion annually. The rule targets hospitals that currently markup drug prices, which could reduce patient costs but may also impact hospital revenues and services.
- How much interest can an $800 CD account earn this year?
The article discusses the potential interest earnings from an $800 certificate of deposit (CD) account in the current high-interest-rate environment. It highlights how small deposits into CDs can benefit from elevated rates, though specific yield figures are not provided.
- Blackrock Survey Says Americans Looking Beyond Savings for Retirement
A BlackRock survey indicates that Americans are exploring options beyond traditional savings for their retirement planning. The findings highlight a shift in focus from relying solely on savings accounts to diversifying retirement strategies.
- Ask a Banker | Strategies for saving money
The article discusses the classic 20 percent savings rule from the 50/30/20 budgeting strategy, allocating 50 percent to needs, 30 percent to wants, and 20 percent to savings.
- How your Isa could be losing you money if you have too much cash in it. Our financial expert reveals the steps to take to boost your savings
The article explains that holding excessive cash in an ISA may lead to financial losses and highlights steps provided by a financial expert to enhance savings. It focuses on optimizing ISA usage for better financial outcomes.
- Bank of England holds interest rates at 3.75%: What it means for your mortgage and savings
The Bank of England has maintained interest rates at 3.75%, impacting mortgage and savings conditions. The decision focuses on stabilizing financial outcomes for homeowners and savers.
- How to make 7% on your savings and support a charitable cause
The article discusses methods to earn a 7% return on savings while simultaneously supporting a charitable cause. It highlights a financial strategy that combines investment growth with philanthropy.
- Social Security could be cut by $500 monthly in 2032, a new report claims. Here's how to boost your savings before that happens.
A report claims Social Security benefits could be reduced by $500 per month in 2032. The article provides strategies to increase savings ahead of this potential cut.
- My husband and I are 75. We have $1.5 million in stocks and $425,000 in savings. Is that too much cash?
A 75-year-old couple has $1.5 million in stocks and $425,000 in savings. They are debt-free, and the husband will receive 80% of his salary upon retirement.
- ‘I am 71 and comfortable’: Should I sell $10,000 in stock to visit my grandkids in Thailand — or dip into my $50,000 savings?
A 71-year-old individual is considering selling $10,000 in stock or using $50,000 in savings to visit grandchildren in Thailand. They believe the trip is worth the expense while they are still healthy enough to travel.
- American households pay nearly $450 more on average for energy amid Iran War, data shows
American households are paying nearly $450 more on average for energy due to the Iran War. Higher energy costs are causing consumers to deplete savings and increase debt to cover expenses.
- Sustainability, style, and savings: Get this 7th Gen iPad for 47% off
The 7th Gen iPad is available with a 47% discount, combining sustainability, style, and savings. It offers the best capabilities of a Mac in a portable form.
- 4 things retirees should do immediately after receiving a garnishment notice
A garnishment notice can be alarming for retirees, but responding correctly could help protect their savings. Retirees should take immediate action after receiving a garnishment notice to minimize financial losses. The right response is crucial in protecting one's savings.
- Bank of England holds interest rates at 3.75% AGAIN: What it means for your mortgage and savings
The Bank of England has maintained interest rates at 3.75% for the second consecutive decision, indicating a pause in rate adjustments amid ongoing economic assessments. This stability affects mortgage costs and savings returns for individuals.
- Steak ‘n Shake Says Bitcoin Payments Cut Processing Costs by 50%, Save $6 Million Annually
Steak ‘n Shake reported that implementing Bitcoin payments reduced processing costs by 50%, resulting in annual savings of $6 million. The move highlights the financial benefits of adopting cryptocurrency for business transactions.
- How much interest can a $10,000 CD account earn now vs. April 2025?
The article compares the interest earnings of a $10,000 CD account currently versus its projected rate in April 2025, highlighting a potential shift from previously significant returns. It raises questions about how current economic conditions might affect future CD yields.
- Total Wireless Promo Codes & Deals: 50% Off Select Plans
Total Wireless is offering 50% off select plans through promo codes and deals. The promotion provides customers with significant savings on wireless services.