Savings explained

Welcome to the Furness Savings Hub! Here you’ll find all money-saving advice and top tips to help you secure your financial future.

From first homes to dream weddings and holidays to home improvements, we’ve been helping families save for their future for over 150 years. 

 

 

It’s important to us that you understand all your options, so we can help you reach your savings goals sooner.  To assist you with your research, below you’ll find a number of helpful guides on how to save money. Plus, everything you need to know about savings accounts.

Savings help and articles

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Saving money Vs investing - which one is right for you?

Read our guide on the pros and cons of saving, if investing your money is a good idea for you and everything you need to know before you save or invest.

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The new ISA rules and what they mean for you

Here we explain the main ISA changes and how they may affect your savings.

The new British ISA; everything we know so far

Here’s our handy guide on everything you need to know about the British ISA.

10 saving challenges to try in 2024

If this year’s your year to save, here are our favourite ways to put money aside each month.

Teen money: Pocket money vs part-time job

A parent’s guide to teaching teens about money management and personal finance.

How to save money on household bills

A guide to saving money on household bills, including tips to reduce energy bills, save money on groceries and avoid overspending.

Overpaying mortgage vs. saving

Should I overpay my mortgage or save? Here we look at the pros and cons of overpaying vs. savings to help you make the right financial decision.

Self employed: Saving for retirement

Saving for retirement when self-employed means there are a few extra hurdles to jump. Check out our handy tips to help you on your way.

How to start saving money

Get into the savings habit: Six top tips to help you start saving money and get your finances on track.

Saving for retirement

Saving for retirement is an important step we must all take, but knowing where to start can be a struggle. Check out this handy guide to help you on your way.

Guide to ISAs

We harness you with the tools you might need to choose your next ISA account and transfer with ease!

How to keep your money safe

As the re-emergence of cash begins to take hold, make sure your finances are safe and sound using this handy guide for the best ways to keep your money safe.

How to open a fixed rate savings account

Start saving in no time with our handy step by step guide to opening a savings account.

ISAs or Bonds?

Guide to ISAs and Bonds - which is right for you? Understand the main features of two of the most well known accounts.

What is ISA Season?

Here we break down ISA season to help you better understand what it is and how it can impact your savings.

Teaching kids about money

Understanding how cash works from an early age can set your child up for financial happiness. Check out our top tips for teaching kids about money.

Saving for a wedding

Planning a wedding can be such a joy, so long as your finances are in check. Follow this handy guide for top budgeting tips and support to help you save for a wedding.

ISA Allowance explained

Whilst ISAs are a great tax-free savings option, there is a limit. Here we explain everything you should know about the ISA Allowance.

Savings and mortgage base rates

As rising costs increase pressure on families, we explain what the Bank of England base rate is, and how it may affect savings and mortgages.

Saving for a holiday

Saving for Holiday is an exciting time, so let us help you on your way to planning your finances. Check out this handy savings guide full of top tips.

Beginner's guide to money management

Follow this guide to help you keep you on track and in charge of your money each month.

Building an emergency fund

Everything you need to know about an emergency fund - what it is, why you need one and how much you should save.

Comparing easy access savings accounts

From Cash ISAs to varying interest rates, here we break down the different easy access savings options available at Furness Building Society.

Money-saving tips for charities and clubs

12 ways to improve funding for charities, community projects and local clubs.

Reasons to open a Children’s Savings Account

Discover how saving money from a young age will benefit your young one and which Young Saver account would best suit your requirements.

Choosing the right account

Not sure which savings account? With so many options to choose from, here are our six top tips for finding the right savings account for you.

How to improve your credit score

Where does the score come from, what does it mean and how can you improve it? Here, we break down everything you need to know to get your credit rating in good shape.

How do savings bonds work?

Here we walk you through everything you need to know about savings bonds, how they work and how they can benefit your savings.

Six top tips for saving money

Manage your finances better with these money saving tips to help you reach your post-pandemic savings goal quicker.

Top five ways to save money

Discover the best ways to save money with our top tips and start saving as part of your daily lifestyle.

ISA Season FAQs

Answers to common questions about ISA season

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