If you have no debts and some savings then hurry to set up a cash ISA as then you don’t get taxed on the savings. You have until the end of the tax year on April 5th to have an ISA set up with this year’s allowance.
Money Saving Expert now recommends Alliance and Leicester’s Direct ISA, which is a recent change from First Direct‘s ISA offering, so I’m now in the process of switching (although it’s not going to make much difference with only a month left).
If you have no idea what I am talking about then you should probably read the full MSE article.
(I am not a qualified financial adviser and this article does not constitute financial advice.)