Make Money with Idle Money

Do you have a sum of money ‘lying-idle’ in a bank account waiting for a future date for it to be used? You can use it to earn you more money as you wait, other wise idle money in your savings accounts make the banks rich.


For instance you may not need the money for another 3 months or so but you cannot afford to lose it, this means that you need a risk free investment. There are probably very few investments that can be classified as safe and risk free. This is what makes investing in government securities (Treasury Bills and Bonds) a very attractive prospect, especially for conservative investors.Currently the yields (interest) ranges between 12% to 16%. You can get updates on the Bank of Uganda website for those investing in Uganda.