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What savings account is the best for me?
rageagainstessays
Posts: 2,147 Forumite
I don't want to save a lot- but I will be depositing 33% of all of my earnings from my job in the account to ensure I have money to buy things. I'm 16 that is the primary reason for my truly simplistic view of savings. But honestly, which account is the best for me?
“Washing one's hands of the conflict between the powerful and the powerless means to side with the powerful, not to be neutral. ”
― Paulo Freire, Pedagogy of the Oppressed
― Paulo Freire, Pedagogy of the Oppressed
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Comments
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Piggy bank lol They come in different shapes and colours
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This article may be of some use - http://www.moneysavingexpert.com/savings/child-savings-tax-free
I know technically your not a child any more but I think you have to be 18 to open most savings accounts (or at least that's what my building society told me), I have a leap account at the Skipton BS which I opened when I was 17 (http://www.skipton.co.uk/savings_and_investments/childrens_savings/leap_account/) but now rarely use it as I use my first direct regular saver.
(Although it doesn't have a good rate I felt it helped me not spend it as being a passbook account I had to get into town to withdraw money - not as easy as a few clicks).0
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