Some people who are considering starting a new savings habit or building on an existing one as the new tax year approaches in April may be able to get a clearer idea of their savings goals by grouping them into separate “pots”, according to an investments expert.
Lucy Smith, an investment manger at Killik & Co, said that a “helpful” way to consider structuring savings can be to consider building an emergency pot of cash that can be accessed easily if needed.
