Maximising your Disposable Income: Simple Investments that can Boost your Savings

Sun, May 3, 2015


Aside from the considerable strain that is being placed on natural resources by the ongoing population explosion, the global economy remains in a relatively robust state of health. This means that, as a general rule, citizens in developed economies tend to have more disposable income than at any point since the end of the great recession. Maximising this additional income is a significant challenge, however, especially for the typical individual who has limited knowledge of established investment options such as stocks, bonds and real estate.

3 Simple Investment Ideas that will Ultimately boost your Savings

The word investment is extremely diverse, however, which means that it is possible to maximise your income and financial savings without entertaining the complexities of the financial marketplace. You can also make relatively small amounts of disposable income go further, simply by accessing simple investment ideas that deliver reliable returns.

For example: –

Consider a Buy-to-let Motorhome

In the current real estate market, having the option to invest in property is hugely beneficial to individuals. It can be relatively inaccessible, however, so those with less disposable income may want to consider purchasing a buy-to-let motorhome. These vehicles can be purchased for between £30,000 and £45,000, while there is even a modern-day option to lease your favourite model and sign a contract that enables you to rent this out to holiday makers. Alongside the many advantages of purchasing a motor home, the ability to generate income and ultimately recoup your investment is extremely beneficial.

Choose the Right Savings Account

For those with minimal disposable income, there remains an opportunity to maximise income through a high-yield savings account. This may seem like a small and obvious step, but an increased rate of interest can make a huge difference into how much additional income is generated on an annual basis. If you are unsure of where to start, consider targeting banks or building societies that offer savings interest rates in excess of 6%, while those with an appetite for risk may even want to open an investment account where capital is manoeuvred by an expert financial advisor in a bid to drive even higher returns.

Invest in Solar Panels

It is a general rule of investment that larger financial commitments trigger more substantial returns, and this is something to bear in mind if you have a great deal of disposable income. If this is the case, solar panels represent an excellent investment as they can be installed for approximately £7,000 and repay this expense over the course of five years. Any money generated after this point is pure profit, while it will also add considerable value to your home. Although there are other factors that influence this investment such as inflation and energy price hikes, it is probably better to consider this investment now rather than wait for a future point in time.


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