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Which way to save??

sunshine_shell
sunshine_shell Posts: 607 Forumite
Part of the Furniture 500 Posts Combo Breaker
in Savings & investments
I'd love to start saving money on a regular basis, but i have no idea where to start!!!

Please could someone advise me on the best way to save my money? i'm looking at saving about 100 a month.

Thanks!

Comments

  • Aegis
    Aegis Posts: 5,695 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Look for the best available cash ISA on the market that accepts direct debit transfers of £100 per month and put your money in there. You really can't go too wrong with that strategy, and it builds you up a nice little tax-free high-interest savings pot.
    I am a Chartered Financial Planner
    Anything I say on the forum is for discussion purposes only and should not be construed as personal financial advice. It is vitally important to do your own research before acting on information gathered from any users on this forum.
  • anniecave
    anniecave Posts: 2,490 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    it doesn't need to accept direct debits. You could set up a standing order from your bank account. Or just make a one-off payment each month (which would mean you could vary it if you wanted to)
    Indecision is the key to flexibility :)
  • sunshine_shell
    sunshine_shell Posts: 607 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Thanks!! I'll look into it!
This discussion has been closed.
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