Are rash financial decisions eroding your savings potential?

Head of Deposits at Investec, David Hunt, joins Business As Usual to explain why chasing short term yield at the expense of liquidity can put your financial health at risk.  To combat this, he says establishing a dedicated six month rainy day fund in an instant access account is fundamental to managing unexpected costs. Additionally, treating savings as a non negotiable monthly bill ensures continuous capital growth despite falling national savings ratios. Catch his full interview on Business As Usual, brought to you by Workday: https://www.buzzsprout.com/2612946/episodes/19823598-why-andrew-bailey-held-interest-rates-while-kevin-warsh-hiked-them-what-it-all-means-for-savers #PersonalFinance #SavingsStrategy #WealthManagement #InterestRates #UKEconomy #FinanceTips #Investec #BusinessAsUsual Get more of City AM 👇 🌐 http://www.cityam.com X(formerly Twitter): http://twitter.com/CityAM Facebook: http://www.facebook.com/cityam Instagram: http://www.instagram.com/city_am LinkedIn: http://www.linkedin.com/company/cityam