Find the best place for your savings

For a short-term savings goal (up to 5 years), look at a savings account, term deposit or a cash ISA. For a medium term goal (5-10 years) use a savings product, or consider investments depending on your risk appetite. For a long-term goal look at shares/bonds/funds that provide protection from inflation over the long term.

Source: How to set a savings goal @ The Money Advice Service

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