With a low-interest savings account – such as most cash ISAs – there is a risk that your cash savings may struggle to keep pace with inflation. In other words, even though your cash balance is steadily increasing, your money may be worth less in real terms as things become more expensive to buy. For example, in 1980, three loaves of bread would have cost around £1. In 2020, the average price for one loaf of bread was £1. So, £1 can buy you less now than it could in 1980, and in the future, it will buy even less