Trying to save

Bigspender_2

Hi,

I am currently trying to save as much as i can so i can look to move out in about 2 years

Im 21 with about 2k saved so far (only just started)

I have £3000* in an isa (nationwide)
*£1000 borrowed from my dad so i could have the full amount in there before the next tax year

I hope to put an additional £3000 in this year, and any spare cash into my Nationwide E-savings (so far has the £1 opening balance)

I hope to have £7000 saved by March next year. by which time i hope to be saving £600pm

Are there better savings accounts or are they only going to make a little difference in interest?

cheers

Reaper

Well you could have got slightly higher interest on your cash ISA such as Halifax, but probably not worth switching now.

If you can commit to regular savings each month for a fixed period like a year then when you have used up your ISA limits have a look at Regular Savings accounts. Start by clicking on the "Regular Saver" link near the top of the page to read about them.