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too much money.

My OH and i are lucky enough to have filled our ISA up this year.

I have received my lump sum, bought a car, given the kids some cash
but i still have approx. 9k and i really dont know what to do with it.

We also manage to save apporx. £600 a month.

Any help appreciated.
make the most of it, we are only here for the weekend.
and we will never, ever return.

Comments

  • ses6jwg
    ses6jwg Posts: 5,381
    Part of the Furniture 1,000 Posts Combo Breaker
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    Loads of options really?

    Instant access savings account?

    Stocks and Shares ISA presuming you haven't used it?

    Fixed term bonds?

    Premium bonds?

    Index-Linked bonds?

    Gold?
  • Want my address? I can help
  • McKneff
    McKneff Posts: 38,857
    Part of the Furniture 10,000 Posts Name Dropper
    Forumite
    Want my address? I can help

    Are you male, tall, good looking and as a bonus over 30.:D
    make the most of it, we are only here for the weekend.
    and we will never, ever return.
  • I can say 'yes' to two of those! Won't tell you which two till we meet. I'll be next to the hollow tree on Wandsworth Common. I'll bring a bag to put the money in.:j
  • Primrose
    Primrose Posts: 10,721
    Part of the Furniture 10,000 Posts Name Dropper I've been Money Tipped!
    Forumite
    There are young men coming back from Afghanistan with their arms and legs blown off, only earning about £17,000 a year and unable to save any money at all so a donation to Help the Heros might help you and your children feel less conscience stricken about your financial good fortune.
  • 3 out of 4 here. ;)
  • ses6jwg
    ses6jwg Posts: 5,381
    Part of the Furniture 1,000 Posts Combo Breaker
    Forumite
    Primrose wrote: »
    There are young men coming back from Afghanistan with their arms and legs blown off, only earning about £17,000 a year and unable to save any money at all so a donation to Help the Heros might help you and your children feel less conscience stricken about your financial good fortune.

    Sad, but no-one forced them to sign up.

    Also why are they unable to save any money at all when that 17k wage packet is usually in addition to numerous benefits and expenses such as housing subsidised or paid for?

    Most of us have our own kids futures to think about.
  • Dave101t
    Dave101t Posts: 4,157 Forumite
    dont worry about the returns so much, just put the money anywhere, with that bulk, you have time to think about it and the benefit of knowing its not going anywhere.
    i put 15k in premium bonds for a year before i decided what to do with it, got around 300 quid winnings in that time too.
    Target Savings by end 2009: 20,000
    current savings: 20,500 (target hit yippee!)
    Debts: 8000 (student loan so doesnt count)

    new target savings by Feb 2010: 30,000
  • Jonbvn
    Jonbvn Posts: 5,562
    Part of the Furniture 1,000 Posts
    Forumite
    Not enough information to answer the question. What are your long term financial goals? Could you use this money to help you achieve them?
    In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:
This discussion has been closed.
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