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£40,000 lump sum to save

Hi, I am finalising a flat sale and have made £40,000. I am not buying another property so have this to save and would like advice on what my options are.

Comments

  • Archi_Bald
    Archi_Bald Posts: 9,681 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    What do you plan to do when with the money? Do you intend to save or invest the cash? Are you a tax payer, what rate? Are you employed? Do you have an emergency cash fund? How much of the money can you afford to lose? Do you have a pension?
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