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Politicians have been arguing this week over the future of the economy – which further proves the need for borrowers to use their money wisely.

Shadow chancellor George Osborne has warned Gordon Brown’s willingness to borrow his way out of trouble could lead to the collapse of sterling, which would be bad news for investors and savers.

Pound Sterling has fallen over November as the UK becomes ever closer to a recession. So it’s time for the saving hoarder mentality to kick in across homes in Britain.

If Sterling drops further, savings and investments might not be the best way of making the most of your money. An offset mortgage however will not be affected as much by a weak pound.

Things are tough and they are going to stay tough, but those who have an offset mortgage will be the best placed – their mortgage payments will go down, their mortgage will get smaller and they will be able to save more money – however much it is worth across the world.

To stay abreast of current trends, news and comment on offseting mortgages visit the Offset Mortgage Blog.