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What do we do with this money ?? Don't know where to start !
great_dane
Posts: 3 Newbie
Hi. Hope someone can help us with this dilema ...We have recently been left our aunts property valued at approx £200,000 ( we are so fortunate I know) BUT as I have recently finished work to look after my baby , we have been receiving tax credits of £85 per week . We have now got to think ( as we have been advised that we will probably not be able to claim these , due to the interest that the property will make) ..WHER do we put this money to give us a good weekly / monthly return ...we don't mind tying the money up for a couple of years to give us extra interest ...as we need to find the £85 we will be losing & yet feel we are also benefiting from the £200,000 approx amount in the bank ...We have never had any savings & have hard to work( AS MOST) do earn a wage just to keep our heads above water ...so we need to think carefully & don't want to squander the money ...Could your readers PLEASE advise us ..for a SAFE ( if there is one) & reliable ..no gamble place to bank this money ?? REALLY APPRECIATE IT !!
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