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	<title>the wherewithal &#187; Uncategorized</title>
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	<pubDate>Mon, 25 Jan 2010 12:07:08 +0000</pubDate>
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		<title>Stuffing it under the mattress</title>
		<link>http://www.thewherewithal.org/2009/03/05/stuffing-it-under-the-mattress/</link>
		<comments>http://www.thewherewithal.org/2009/03/05/stuffing-it-under-the-mattress/#comments</comments>
		<pubDate>Fri, 06 Mar 2009 03:21:28 +0000</pubDate>
		<dc:creator>JoeD</dc:creator>
		
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		<category><![CDATA[money]]></category>

		<guid isPermaLink="false">http://www.thewherewithal.org/?p=100</guid>
		<description><![CDATA[With banks offering near zero interest on current accounts, stuffing it under the mattress (done properly of course) makes more sense than ever&#8230;.this from The Guardian:
A bed company has come up with a novel way of encouraging savers to - literally - stick their money under the mattress. Feather &#38; Black has made a divan [...]]]></description>
			<content:encoded><![CDATA[<p>With banks offering near zero interest on current accounts, stuffing it under the mattress (done properly of course) makes more sense than ever&#8230;.this from <a href="http://www.guardian.co.uk/business/2009/mar/06/bank-of-england-quantative-easing">The Guardian</a>:</p>
<blockquote><p>A bed company has come up with a novel way of encouraging savers to - literally - stick their money under the mattress. Feather &amp; Black has made a divan bed with a safe hidden in its base which it hopes will encourage people to &#8220;revert to the old-fashioned methods of saving&#8221;. Managing director Robbie Feather says: &#8220;Confidence in banks has hit an all-time low and fears of a recession crime wave have been raised by the home secretary.&#8221; However, the price of the bed will not appeal to penny pinchers - a double costs £949 and a single £769.</p></blockquote>
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