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Saving Up for a Car - which savings account?
ktee_uk
Posts: 67 Forumite
Hi All
i am reasonably ok with sorting out money matters but I am hitting a savings account fog with trying to find the best account/s to stash my SUFACF (saving up for a car fund). I want to save about £6k over 18 months ( well you gotta aim high, right ? ) by putting regular savings away each month. I am not sure whether to go for a regular savings account or some kind of bond. Have not had bonds before other than premium bonds so really am finding it difficult to make a decision. Have already put max into ISA and dont want to use up existing savings or next years isa allowance for the car so the SUFACF will be ontop of cash isa. Any words of wisdom would be greatly appreciated.
ktee
i am reasonably ok with sorting out money matters but I am hitting a savings account fog with trying to find the best account/s to stash my SUFACF (saving up for a car fund). I want to save about £6k over 18 months ( well you gotta aim high, right ? ) by putting regular savings away each month. I am not sure whether to go for a regular savings account or some kind of bond. Have not had bonds before other than premium bonds so really am finding it difficult to make a decision. Have already put max into ISA and dont want to use up existing savings or next years isa allowance for the car so the SUFACF will be ontop of cash isa. Any words of wisdom would be greatly appreciated.
ktee
Mortgage free after 12years
Saving for early and comfortable retirement
"If you want to forget your worries, wear tight shoes"
Saving for early and comfortable retirement
"If you want to forget your worries, wear tight shoes"
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