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What to do with 10k and further income.
Skippay
Posts: 1 Newbie
Hi everyone, thanks in advance for any advice and apologies if similar topics have been done a hundred times over (I'm sure it has, but I couldn't find any in my cursory search)
Basically I'm sitting on savings of about 20K pounds at the moment with a view to keep 5-10k of that available in case of emergencies and to pay for some further education and treats.
The other 10 grand however is likely to just be sitting around for the forseeable future as I'll be moving back out abroad in a few months to continue my work, from which I'll also be saving around 1k-1.5k/month.
I'm 24 years old with no debts (except for student) and no intention on settling down in one place for the next 5-8 years so buying a first home is out.
Any advice about what I should be doing with my money would be hugely appreciated
Basically I'm sitting on savings of about 20K pounds at the moment with a view to keep 5-10k of that available in case of emergencies and to pay for some further education and treats.
The other 10 grand however is likely to just be sitting around for the forseeable future as I'll be moving back out abroad in a few months to continue my work, from which I'll also be saving around 1k-1.5k/month.
I'm 24 years old with no debts (except for student) and no intention on settling down in one place for the next 5-8 years so buying a first home is out.
Any advice about what I should be doing with my money would be hugely appreciated
0
Comments
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£10,600 into a Stocks & Shares ISA before April 5th, then a regular DD of £940 per month into the S&S ISA starting April 6th.
Many providers offer ISAs that are easy to set up online. EG http://www.hl.co.uk/investment-services/isa0
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