Advice on what to do with my money

Ive worked hard and become debt free and i now have savings, not major amounts but none the less savings.

I dont know what to do or possibly who to talk to, My plan at the moment is to buy a car and save for a deposit for a house.

I cant apply for a mortgage at the moment as i still have defaults on my file till 2015.

i just dont know what sort of cash i need to be putting away and where the best places for it are, after becoming debt free i feel a little lost as to what i should do
[STRIKE]Debt3 £1789.07 [/STRIKE][STRIKE]Debt4 £2508.36 Debt5 £2551.69 [/STRIKE]Debt6 £7500.00 Paid in Full[/STRIKE]

PAID DMP:j:j
Loose Change:beer:

Comments

  • jimjames
    jimjames Posts: 18,499 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Well done clearing your debts.

    If you can get a TSB account then you can't beat their rate of 5% for amounts up to £2000/£4000 which sounds like it might be your situation.
    Remember the saying: if it looks too good to be true it almost certainly is.
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