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Reached my emergency fund target and no debt. Mental health so much better!
Today was a big day today. I have reached my emergency fund target of 6 months expenses. It has taken me nearly 9 months to reach doing lots of overtime and cutting back on non-essential expenses. I was also in a lot of debt which I cleared prior to me starting building my emergency fund. Debt was not from frivolous…
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I have no clue how to best partition my savings.
Hello All, I am 21 and in a relatively privileged position. I work within the NHS and earn a good salary; my specific job role is about as recession-proof as they come. I live with my parents and have minimal overheads. The main objective for my savings is to afford a mortgage. I have no immediate need to move out, but…
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Limited number of withdrawals accounts - close and reopen
I just opened a triple access savings account with my bank, having opened the same account, made 3 withdrawals, closing it on the 3rd withdrawal, earlier in the year. I was half expecting the application to be blocked on the basis that I had already held the same account during the same year and closed it, but no, it was…
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Fixed rate accounts
My Father in law has Dementia and is in a care home, my wife has both lasting power of attorney, so she has access to his bank account. We hope to complete on the sale of his bungalow early January, so, around £280k will go into his current account, so I was thinking about opening a fixed rate ISA and some fixed rate…
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How best to deal with Santander Reg Savers
Looking to switch away main joint CA from Santander, but we have a regular saver each with a few months contributions in, which don't mature until June. Assume we can't keep these if we switch away, so what's the easiest way to deal with them. Allow them to be closed automatically? Withdraw the balance and request closure…
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Are you planning for a stock market correction
It is often said that failure to plan is planning to fail. Right now lots of people with stocks , particularly certain trackers and tech are anxious about a big correction, it almost seems inevitable and a big one could be followed by years to recovery, another lost decade maybe ? But many seem to be very relaxed , citing…
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Best Financial Decision of 2025
What's everyone's best financial decision(s) of 2025?
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Mid year pay rise moving to higher income tax rate. What effect on interest earnings?
Hi all! I'm a teacher and my current salary puts me on the standard income tax rate currently. If all goes well this year, I'll be getting a pay rise so I'll be earning just below the higher income tax rate, by £50 or so. This means I'll be able to earn £1000 of interest tax free, which I've already planned out with my…
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Saving for granddaughter, have I missed anything?
Hi We're currently squirreling a bit away each month for our granddaughter who will be 3 in Feb. Plan is to give it to her when she's 18. We've just been putting it in a high interest easy access savings account up until now and she's got about £2K. The plan is to add £60/£70 a month to this for the next 15 years. My…
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usd saving account with high interest rate
Hi, I would like to use a usd saving account with high interest. Please do you have any recommendation?
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Iweb SSLV issue ..
Last Monday thought to check in on the small amount of SSLV I hold on my iweb account and noticed that I am no longer able to buy on the platform just sell ... Not too sure when this change came , is this something to worry about ?
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Large sum to invest, but querying if SJP is good value
Hi there. I am due to retire at the end of the year and in addition to pensions etc. I have a large lump sum I wish to invest. Current situation * I am 53 and will have no income from the end of the year * House is owned outright with no mortgage or debt * I have apx £1.1m in cash deposits * I have a further £200k spread…
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Move ISA to savings account, or leave as is?
Hi, I have had an ISA since April this year and the interest rate has already dropped twice since then. I also have a savings account which is now at a higher rate than the ISA. My question is, is there any downside to me finding a savings account and just lumping it all in there? I have worked out that I will not be over…
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Money laundering regulations
Over the years, my Limited Company has invested in around 17 different manged funds. I have recently started receiving "Money laundering" forms to be completed, with the latest being from AXA Investment Managers and also on behalf of AXA, from a company called BNP PARIBAS Asset Management, who I have never heard of! 19…
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33% domestic stocks bias
What are experienced investors thoughts on “The optimal weights remain near one-third domestic stocks and two-thirds international stocks regardless of age—with no material fixed income allocation” https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4590406 EDIT: would one use FTSE350 for uk domestic stocks?
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16 year old's inheritance monies
I'm hoping someone can offer some advice. My 16 year old has been left monies (approx 30k) from my late mother's inheritance. As they are a minor I have opened a Children's Trust Saver account with Skipton for them. Do I have to register this account with HMRC or would it be excluded? Could I deposit 9k of the monies into…
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Where to buy physical Gold/Silver Bullion at Market price?
Hi, Looking to buy from a reputable place/website, preferably at market price or cheapest prices not asking price and do I have to pay VAT? Discount available for bulk purchases? Also which website abroad is reputable if abroad is cheaper and what taxes am I liable for importing? Basically looking to buy at the cheapest…
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Are dividend vouchers showing withholding tax available on Interactive Investor
Hi, I have investment accounts with both Hargreaves Lansdown and A J Bell and I'm considering opening one with Interactive Investor. For such a large company HL are VERY poor at providing Dividend Vouchers, which I require as they show the withholding tax on US dividends. It is necessary to send them a secure message…
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Trust Fund Help
Hi, My Son just turned 18 and My Mum had a trust fund set up. My Son went to the bank to transfer the money to His account, The bank wouldn't do it unless my Mum is their, Problem is she is 80 years old and can hardly walk, So how do I get round this? I also have two younger kids 10yo and 12yo and they also have trust…
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Moved: 2026 - 52 Week Envelope Challenge
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