Student future saving

kieran936

Hi,
Im planning on saving money throughout my uni days with part time work money, pocket money an other random funds like seasonal money. Im using the skipton LISA but since it just gives the money once a year i want to maximise my savings until that point and am looking for some pointers.

The main plan is to transfer the 4000 into the LISA in march/april to ensure its all there before the 25% pay from the government and then start the saving up again.
I currently have my savings spread out with some in cash savings, some in a moneyfarm general investment and a small amount in cryptocurrency.
Im looking for any other methods to save the money and maximise it instead of just leaving it in cash.

Thanks, Kieran

Eco_Miser

For savings you want to use in just over a year's time (to put in the LISA), use one or more Regular Savers. These pay up to 5% AER, and are completely guaranteed not to lose value in nominal terms. At 5% they're also likely to beat inflation.