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£9k to save. What are the best options?
p83
Posts: 21 Forumite
I have roughly £9k currently sitting in a Santander account which I don't believe is good for me since the fee increase and the fact that I have no need for their cashback offers.
I'd like to use £1000 to start a side business that I have in mind and I have no desire to make any major purchases with the remaining amount. I'm more interested in finding a way to make these savings grow.
Where would be the best place to move this money?
I look forward to your suggestions
I'd like to use £1000 to start a side business that I have in mind and I have no desire to make any major purchases with the remaining amount. I'm more interested in finding a way to make these savings grow.
Where would be the best place to move this money?
I look forward to your suggestions
0
Comments
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Just what I needed. Thank you0
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with £9000 you could ;
put £2500 in a Nationwide Flexdirect @ 5%
put £2000 in a TSB Classic Plus @ 5%
put £4500 in a Club Lloyds @ 4%
then read this http://www.moneysavingexpert.com/savings/best-regular-savings-accounts
pay special attention to the best buy list and drip feed calculator and work out the best way to drip feed into regular savers.
Keep on saving as much as you can to open as many current accounts and regular savers as possible.Earn, Save and Achieve0
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