Maximise Starling Business Savings with Money Squirrel Automation

Starling business current accounts are awesome, aren't they? No fees, awesome app, excellent customer service (especially when it matters most), loads of integrations available. The only downside is, no interest paid on business savings spaces. But we've got the perfect work-around! You can link your Starling business current account to an interest-paying business savings account through Money Squirrel. Money Squirrel is a financial management tool that helps automate your savings. By linking your accounts, you can easily transfer funds from your Starling account to an interest-paying savings account, ensuring that your money works harder for you. Here are some recommendations to make the most of this setup: 1. Research Interest-Paying Accounts: Look for business savings accounts that offer competitive interest rates. Compare different options to find the best fit for your needs. In fact, we have a guide just for this! Sign up to our early access waitlist and get it for free, straight to your inbox. 2. Set Up Automated Transfers: Use Money Squirrel to set up automated transfers from incoming payments hitting your Starling current account, to your chosen savings account. This ensures regular contributions without any extra effort on your part. Passive income, anyone? 3. Monitor Your Savings: Regularly check your savings account to track your progress. Use Money Squirrel's features to get insights into your financial health and savings growth. 4. Re-evaluate Periodically: Interest rates and financial products can change. Periodically review your savings strategy to ensure you are still getting the best return on your money. By following these steps, you can overcome the limitations of Starlings 0% interest on business savings spaces. Linking your Starling account to an interest-paying savings account through Money Squirrel not only maximises your savings but also adds a layer of automation, making your financial management more efficient. These recommendations are suitable because they address the primary concern of earning interest on your savings while leveraging the strengths of Starlings current account. Additionally, the automation provided by Money Squirrel simplifies the process, allowing you to focus more on your business and less on managing your finances. This approach ensures that your money is working for you, helping your business grow over time.