So, extra cash, save it or 'invest it' in myself?

Xenomorhic

Here's a wierd one, I'm not THAT young anymore (27), but anyway...

I've been really lucky and have come into some money. I am now a bit torn.

I've lost direction since l left Uni, with my good degree, 3 years ago I heard of a career that had never been discussed with me before and which I felt would really suit me (no debating that choice please, I went back and forth for ages and last year, chatting with folk in that career sector, I settled on it with confidence!). I investigated and found a course I could do which sounded good and would get me a toehold on the area I wanted to pursue, but the money wasn't there.

Now it is and so I've started applying, but I can't get over hating giving up that money. Part of me just wants to stash it into an Isa and sit on it, watching the interest.

My sensible head is lecturing myself saying that if I want to get on in the future I have to make this leap and sink that money into something important. I'm going nowhere right now, just round in circles. Never had a job that needed my degree yet!

But my other side still resents this soo much! Any penny I could save was always supposed to go towards buying myself a horse, but the first time I did that I ended up buying a little car instead, to get to riding lessons really! And now I can't put this in the 'horse' fund either.



My savings head seems to be on too tight! I can't get into the idea of 'speculating to accumulate'. Can anyone reassure me I am doing the sensible thing with this money?

EagerLearner

Hi X - sounds as if you already know what the right decision is here to progress your life further, you're just finding it hard to let go. At 27, watching savings grow will only satisfy you so far, then you get disillusioned with yourself and know you should be achieving more.

Good luck, whatever you decide.

EagerLearner