Below are some of the key savings and investment areas. They are grouped by risk. As a general rule, the higher the risk the greater the potential return. No body can advise which is best, you have to decide if you personally are a low, medium or high risk person.

Important: I would never thinking about savings if I still had debt. I would clear the debts first and then save. I always look at what has the highest interest or return rate. For example, if I owed £10000 on a credit card and was charged at 16% and I had a savings account with £10000 earning 4.5% then the credit card costs me £1600 a year and the savings account earns me £450 a year. This means I'm losing £1150 a year. I would pay the card off with my savings and then I owe nothing, and loose nothing. As a general rule, people who lend you money charge you more than people give you for saving with them.