What Next?

wiseman405

Hello,

Last October i started my first savings year. Opened an ISA and also a regular savings account with Halifax at 7.00%.

That account matures tomorrow, and i am wondering what i can do with the money. I am wanting to carry on saving

I will use £1290 to fill up my ISA.
Which will leave me with £1340 to start up a new account. Any ideas?

Any good regular savers which accpet a larger deposit than usual?

Looks like a might be hitting 5 figures before the end of the year

Thanks for all your help in the past and looking forward to reading some replies

Thanks
Tom

Lokolo

You could drip feed.

Figure out how much you can save per month by yourself.
Then ask yourself how long is the regular saver.

You have £1340, put this in an instant access savings account. Then each month, take some out and put it in regular savings. This will give you a little savings from both then.

Example. You have £50 a month generally. You have this £1340. 12 months regular saver. The £1340 over 12 months is £111. Plus the £50. Means each month you can put in £161 into a regular saver.

wiseman405

Hi lokolo
Yeah i read on martins tips and things about drip feed. Looks like my best bet.

Does anyone know of any good deals that aren't mentioned on martins list for regular savers?

Thanks
Tom

Lokolo

Try going to money supermarket, go to savings and use the form thing there.