Saving Tips

Compound interest refers to the process of earning interest not only on the initial amount of money deposited but also on the accumulated interest from previous periods. MeDirect’s MeMax Savings Account offers 2 per cent per annum interest, paid monthly, giving the savers the opportunity to benefit from compound interest.

In today’s world, where everyone’s promoting fitness programmes, diets and super foods, what about our financial fitness? MeDirect wants you to keep your financial health abreast so here’s our two cents.

Most of us are always looking for ways to cut back on our spending. Here a some easy tips you might want to consider to better manage your spending.

Everyone wants to be financially independent, but not everyone manages to reach that goal, possibly because financial independence is an ongoing process. It requires effort and commitment over a long period of time. Here you will find some tips that can help you reach financial independence.

One of the key aspects of online banking is that you can carry out your transactions online, be it through your computer, phone or tablet. Open a fixed term deposit account in a few simple steps.

Fixed-term accounts are popular investments, as they offer several advantages other forms of investments do not. Most of us want to save and fixed-term accounts offer us the opportunity to do so whilst also generating money from our savings.

Take care of the pennies and the pounds will take care of themselves. How true is this saying? Indeed, most of us are looking for ways to cut back on our spending.