At nearly 19 years old what should my priorities be?

kemo_2002

Im 23, and i soooo wish id of started saving at 19, i spent it on crap, and tbh although ive had some nice holidays i certainly didnt 'see the world' I had a family pretty young, i was 20 when i got my first mortgage and 22 when i had my daughter, so money gets very tight now we are a 1 waged family. I now decided i wanted to save as we need a bigger house- so we saving for a bigger deposit, so this proves tough when you only have a little spare each month.

I think its good the way you are thinking and its all about balance

Good luck

ESKIMO

Best piece of advice i ever received was; 'Don't invest what you can't afford to lose'.

rictus123

Iv been investing really small at £50 a month,just stopped it after a few months, need that £50 a month to pay off my cards asap. Beyond a joke now Need to look at ways to earn money from home in the evening. Think ebay might be my best bet. Il give it another pop.

closed

What are you investing it into, and what are the charges?

assassin112

what is the maximum amount of money you can invest in a stocks and shares ISA as well as a cash ISA in the same tax year? Thanks

Stochasticity

johnconnor wrote: »

what is the maximum amount of money you can invest in a stocks and shares ISA as well as a cash ISA in the same tax year? Thanks

You can invest up to £10,200 in ISAs per year.

Of that, up to £5,100 per year can be invested in a cash ISA.

The full £10,200 allowance can be invested in a stocks and shares ISA, but in that case you cannot also invest in a cash ISA.