Every coffee adds to my investments
WHENEVER Kelly Smith buys a coffee or pays for groceries, she boosts her investments. This is because her payment is rounded up to the nearest pound and the change is put in her investment account with Moneybox.
Everything is arranged by Moneybox and her bank, Monzo, so she doesn’t have to lift a finger. ‘It’s a seamless process,’ says Kelly, 32, from Oxfordshire. ‘I’m investing what would be loose change, so I don’t notice it’s gone.’ Kelly, who works for Thames Valley Police, hopes her efforts will allow her to buy a few luxuries when she and her husband have an extension
built on their family home in a few years’ time. ‘All those little sums saved could bag me the Smeg fridge of my dreams,’ she says.
Although the returns from her investments are volatile, Kelly has so far earned more on her investments than she was previously getting from her savings account.