Lois_E begins a long MFW journey

Lois_E

N@tionwide pays 5% on the first £2.5k but nothing above that. It's only for the first year, too.

Spanish bank pays 1% on balances £1,000.00 to £1,999.99
2% on balances £2,000.00 to £2,999.99
3% on balances £3,000.00 to £20,000.00
It also pays cashback on DDs for phone, broadband, TV, gas, electricity, water & council tax.

edinburgher

So I think my best bet probably is to put what remains of the N@tionwide money into the Spanish account to make sure it stays over the £3k.

That sounds like a good plan Lois, it's a pretty poor return unless you can remain above £3k (well, not as bad as other accounts in the marketplace, but still pants!)

Lois_E

edinburgher wrote: »

That sounds like a good plan Lois, it's a pretty poor return unless you can remain above £3k (well, not as bad as other accounts in the marketplace, but still pants!)

Indeed. And of course I have to keep money in there, even if there's not enough to get a decent rate, to make sure there's enough to pay the DDs that get cashback.

Alchemilla

Hope you have a good week, Lois.

Lois_E

Thanks Alchemilla :wave:

Tonight I am grateful for:

1. Wonderful friend who had us all for lunch and the afternoon - it was a spur of the moment thing after church, just when I was feeling far too tired to do anything myself, so v lovely to be cooked for etc.
2. Nice warm dry house in this pouring rain
3. Nice chat with sil on phone
4. More and more bulbs coming up in garden
5. Skinty, ICTD, MCI, Alchemilla, catshark, Ed, HDK & ND for posting :wave: and CathT, ICTD, MCI, Pearla, pink poppy, Radish, skinty & tattycath for thanking :wave:

Lois_E

Spanish account has got £7.03 interest. Must dash off to school now, so will have to wait to update sig later.

Tilly_MFW_in_6_YRS

Morning, how lovely to have an unexpected lunch invitation - impromptu events like that really do the soul good don't they.

Have a good week and hope all pupils are angels

Tilly x x

Lois_E

Tilly_MFW_in_6_YRS wrote: »

Morning, how lovely to have an unexpected lunch invitation - impromptu events like that really do the soul good don't they.

Have a good week and hope all pupils are angels

Tilly x x

Thanks Tilly. Yes, it did my soul a lot of good.

Sig updated now.

Dashing off out to take DD to play with her friend while I talk to my friend (DD's friend's mum). Will have to catch up on other people's diaries later.

Lois_E

I have reports to write.

I'll see you all in a day or two when I've done them. :wave:

In the meantime, I'm leaving the kettle out with some mugs, tea, coffee and cake, so any visitors to my thread are welcome to make themselves at home. :coffee:

catshark88

Lovely cup of tea, thank you.

Impromptu events are so nice. It's hard to keep any spontaneity going with jobs and kids etc. Good for you.