We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
where shall I put it?
Options

GLB2101
Posts: 1 Newbie
About to inherit approx 30k (give or take the price of a mush deserved holiday and a laptop)
I have just finished University (with no debt other than my student loan) and I still live with my parents.
What should i do with the money??? ...
Use some of it as a depsoit on my first home is my initial feeling as I feel that now is the best time to do so.
Should I pay off my student debt??
What about the rest? I want to open a savings account but am usure of the best one... will my money be safe?... will I make any money?.... would an ISA be better. I am totally confused???
I have only ever had a current account, if i did invest the money I wouldn't need to access it for at least 12 months, perhaps longer.
Advice please! xx
I have just finished University (with no debt other than my student loan) and I still live with my parents.
What should i do with the money??? ...
Use some of it as a depsoit on my first home is my initial feeling as I feel that now is the best time to do so.
Should I pay off my student debt??
What about the rest? I want to open a savings account but am usure of the best one... will my money be safe?... will I make any money?.... would an ISA be better. I am totally confused???
I have only ever had a current account, if i did invest the money I wouldn't need to access it for at least 12 months, perhaps longer.
Advice please! xx
0
Comments
-
PM me and i will give you the account details to put it in :rotfl:
i wouldn't worry about paying off the student debt as that is at such a low interest and you will pay it back once you start earning over £15k.
do you have a decent job that you could make the mortgage repayments with?
for now i would say stick £3600 in a isa, and the rest in a decent (if such a thing exists) saving account and keep it there till you are ready to buy a house. that is if you want to be tied to it seeing as you have just got out of uni.
if it was me i'd f off round the world for a year and see what if left of this country when i get back. though depends what your job/career prospects are like just coming out of uni
WN0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.2K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.2K Work, Benefits & Business
- 599.3K Mortgages, Homes & Bills
- 177.1K Life & Family
- 257.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards