Protect your savings from inflation
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.