Make ‘small sacrifices’ to build savings pot of £10,000

21st February 2017

YOUNG workers who struggle to save could build a £10,000 pot in seven years by saving £5 a day on shop-bought coffees or lunch.

That is the claim from one provider of stocks and shares ISAs as the stock market booms ahead of a new tax year for ISAs.

Fidelity International has calculated that by making “small sacrifices”, such as making a packed lunch and diverting £100 a month from the sandwich shop to a savings shop, the cash-strapped could get saving via the stock market.

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