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A little advice please

ollyjones
Posts: 3 Newbie
Hey,
How is everyone?
I have just recieved my interest statement for the last financial year and I have realised just what a bum deal I am getting.
I currently have a normal Lloyds TSB online savers account that pays little interest. I currently have about £22k in this account and would like to make it work harder.
The problem is this money is for a house deposit in febuary. So I basically need to have access to this pretty sharpish. I have done alot of reading and nothing seems to jump out on me as the best option.
My monthly income is only £1100 so that limits me with some online savers?
What to do??? Invest in shares? Try my luck on premium bonds? Be lazy and leave it where is?
Any adivce will be kindly recieved.
How is everyone?
I have just recieved my interest statement for the last financial year and I have realised just what a bum deal I am getting.
I currently have a normal Lloyds TSB online savers account that pays little interest. I currently have about £22k in this account and would like to make it work harder.
The problem is this money is for a house deposit in febuary. So I basically need to have access to this pretty sharpish. I have done alot of reading and nothing seems to jump out on me as the best option.
My monthly income is only £1100 so that limits me with some online savers?
What to do??? Invest in shares? Try my luck on premium bonds? Be lazy and leave it where is?
Any adivce will be kindly recieved.
0
Comments
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If you need the money within 12 months, then an ISA and easy access savings account are your best options.0
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