Inflation doesn’t just affect weekly grocery bills and fuel costs. It also silently eats away at savings. You won’t see your bank balance going down. You’ll just be able to buy less in future as prices continue to rise. If, for example, inflation is at 10% and you’re getting 2% interest on your savings, your savings are actually losing 8% of their value.
Because tally anchors your savings to a real, tangible asset, they can’t be devalued when the government decides to print more pounds or when banks create more money through issuing new loans.
Whether you’re saving for a cottage, a convertible, or a holiday in the Caribbean, TallyMoney can help you reach your goals faster. Want proof? No problem. Suppose you started saving £200 per month back in January 2010. Let’s take a look at your balance in 2022 in a high street bank account versus a Tally Everyday Account.
It’s good to have goals. That’s why we created Easy-Access Safes. Set money aside by opening up to three Easy-Access Safes, which you can personalise to help keep you motivated when saving for that dream holiday, new car, or rainy day.
We call them Easy-Access Safes because you can move your money back to your Everyday Account at any time. No additional fees, no penalties, just 100% flexibility and freedom.