'How this smart money app helped me save £7,000!'
'How this smart money app helped me save £7,000!'
Share:
Most of us know the importance of putting our money to work - it's getting started that's the problem. After all, the world of saving and investment can seem complicated and confusing to newcomers, not least due to the blizzard of jargon and sales speak...
If this all sounds familiar, it could be time to try a smart money app that's making money management more accessible than ever before. Plum (available on App Store and Google Play) has already got over 2 million people onboarded thanks to its clever automated saving and investing features.
The simple-to-use app sets aside just enough cash every week so you don’t notice, before saving or investing it in a way that works for you. As with all investing, please remember that your capital is at risk and you may get back less than you put in.
Plum's approach to simplifying money management was what caught the attention of Lily Devins, a 25-year-old graphic designer and illustrator from London. She's now saved around £7000 with Plum since 2021. As well as investing in the stock market for the first time, she's also opened a Cash ISA - which lets you save up to £20,000 every year without paying tax on your interest.
Tax treatment depends on your individual circumstances and may change in the future. Always do your own research. Also keep in mind, as with all investing, your capital is at risk, meaning the value of your investments can go down as well as up. Lily Devins is a 25-year-old graphic designer and illustrator from London.