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Brand new novice - help!

Just recently achieved a position where I have money to save/invest (rather than debt to pay!). Never saved before - no ISA so far. Advice?

Should I immediately open a cash ISA to current max, and for wife's allowance too? How does the part-year affect the ISA between now and April? What happens after April 6th - stick another years worth of allowance in?

Comments

  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    Yes for doing it now for you.
    Yes for doing it now for the wife.
    Yes on April 6th topping it up by a years worth allowance (which is going upto £5,100)
  • Thanks Lokolo - now the proud owner of cash ISA's for me and wife with Standard Life - as tipped by Martin Lewis.
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