"Have you actually got more than the government guaranteed 50k to save?"
you are missing the point. inflation (real inflation not the government statistics) and the drop in interest rates means that your savings (especially if they are not tax free) aren't really doing much apart from remaining static.
we are supposed to be prudent and save not spend recklessly with easy credit yet are penalised by doing so.
"Have you actually got more than the government guaranteed 50k to save?"
you are missing the point. inflation (real inflation not the government statistics) and the drop in interest rates means that your savings (especially if they are not tax free) aren't really doing much apart from remaining static.
we are supposed to be prudent and save not spend recklessly with easy credit yet are penalised by doing so.