How to save ?

Saving in personal allowance leads to taxable interests, but one can save in ISA or other tax-free options for retirement. There are certain online banks offering savers accounts where the interest rates are higher as the organisations are strictly operating online and their operating cost is low. 

These banks offer completely liquid investment where you can access the funds anytime or withdraw through ATMs. The US treasuries are said to be a safe alternative as per the money savings experts, but the earnings depend on interest rates, and the option is not quite liquid. 

Investment in dividend stocks can get higher yields, and bonds offer long term securities as it pays higher interest rates than saving accounts. In contrast, certain options like municipal bonds are issued by municipalities and states, and it pays a low-interest rate.

The latest strategy is to shop smart to save money or get advice from a money savings expert to make the best decisions. The savers can create a blended portfolio of stocks while mixing higher yields options with low-risk ones.