If you’re a saver, I want to show you how to urgently accelerate your interest. The big warning is for anyone with fixed-rate savings. Over half a million are due to end this month, and when that happens, banks tend to shift your cash into holding accounts paying dismal rates as low as 0 per cent.

The irony here is many go into fixed rates for long-term stability, and if you did that a few years ago, you could still have been earning well over 6 per cent.