Skip to content
Skip to main content

About this free course

Download this course

Share this free course

MSE’s Academy of Money
MSE’s Academy of Money

Start this free course now. Just create an account and sign in. Enrol and complete the course for a free statement of participation or digital badge if available.

Acknowledgements

This free course was written by Martin Upton in collaboration with Money Saving Expert. It was first published in May 2020 and last updated May 2022.

This course was created by The Open University with contributions and collaboration from MoneySavingExpert.com. The content unless otherwise stated in the course or in the acknowledgements below (or identifiable as third party content in the course) is owned and/or controlled by The Open University and/or MoneySavingExpert.com and is made available subject to the Creative Commons 4.0 licence: https://creativecommons.org/ licenses/ by-nc-nd/ 4.0/ [Tip: hold Ctrl and click a link to open it in a new tab. (Hide tip)] :

Please read and abide by the licence terms at all times.

Grateful acknowledgement is made to the following which is not subject to Creative Commons licensing unless stated as such.

Tables:

Tables 1 and 2: adapted from: OECD (2020) ‘Household savings (indicator)’. doi: 10.1787/cfc6f499 en’ https://data.oecd.org/ hha/ household-savings.htm

Figures

Course image: The Open University

Figure 1: John Springer Collection/CORBIS/Corbis via Getty Images

Figure 2: Monster Ztudio/ https://www.shutterstock.com

Figure 3: drawn by The Open University

Figure 4: from https://www.nsandi.com/ history

Figure 5: Good_Stock/Shutterstock.com

Figure 6: ACORN/Alamy.com

Figure 7: nerthuz/Getty Images

Figure 8: The Open University

Figure 9: source unknown

Figure 10: mentatdgt/ https://www.pexels.com/ license/

Figure 11: The FTSE-100 share index 1984–2022 adapted from https://finance.yahoo.com/

Figure 12: stocknshares/iStockphoto.com

Figure 13: spxChrome/iStockphoto.com

Figure 14: ‘The price of gold: 2002–2022’ adapted from Bullion Vault https://www.bullionvault.co.uk/ gold-price-chart.do

Figure 15: georgeclerk/iStockphoto.com

Figure 16: Slideshow: Investment companies: Slide 1: https://www.allianz.co.uk/; Slide 2: https://www.bnymellon.com; Slide 3: https://www.hl.co.uk/; Slide 4: https://www.fidelity.co.uk/; Slides: 5: https://www.avivainvestors.com/ en-gb/

Figure 17: Anna Shvets/ https://www.pexels.com/ license/

Figure 18: Slideshow: Peer to Peer lending companies:

Slide 1: https://www.zopa.com/;

Slide 2: https://www.lendit.com/ usa/ 2020 ;

Figure 19: kate_sept2004/Getty Images

Videos:

Video 1: Introduction to Session 5 by Martin Lewis: ©MoneySavingExpert https://www.moneysavingexpert.com/

Video 2: the difference between savings and investments animation: ©MoneySavingExpert https://www.moneysavingexpert.com/

Every effort has been made to contact copyright owners. If any have been inadvertently overlooked, the publishers will be pleased to make the necessary arrangements at the first opportunity.

Don’t miss out

If reading this text has inspired you to learn more, you may be interested in joining the millions of people who discover our free learning resources and qualifications by visiting The Open University – www.open.edu/ openlearn/ free-courses.