With interest rates at their lowest level for 15 years, your savings could be earning only 3 per cent interest.

If savings earn 7 percent a year (a generous assumption), they will produce earnings of $2,307 in that time.

In strict cash terms she is paying a higher rate on her mortgage than her savings are earning.

One problem for Ms. Fellows was that her savings were earning taxable interest.

Next, we'll look at how saving and investing can earn you a million dollars.

Because in today's financial climate, it's more important than ever that your savings earn as much as possible for your family's future.

Also, he said, his savings were earning interest barely above the rate of inflation.

It also hurts the incomes of Japan's growing population of retirees whose savings are barely earning interest.

AERs allow you to compare accounts and work out where your savings will earn most.

Then, taking this 1% fee into account, the savings effectively earned 8.9% interest that year.