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What to do about small savings?
mjp101
Posts: 5 Forumite
New to this forum, hello!
I have a few thousand pound in savings and currently am earning pathetic interest with the 0.2% Barclays Everyday Saver.
I would like to save up for a deposit for moving out of home when I start full time work (final year student).
What do you think?
Thank you
I have a few thousand pound in savings and currently am earning pathetic interest with the 0.2% Barclays Everyday Saver.
I would like to save up for a deposit for moving out of home when I start full time work (final year student).
What do you think?
Thank you
0
Comments
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The top two quick links above for starters. Pay particular attention to the accounts paying 5%.Eco Miser
Saving money for well over half a century0 -
Also pay particular attention to Help To Buy and Lifetime ISAs with their 25% government bonuses, aimed very much at people saving for a deposit for their first property purchase....0
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Also pay particular attention to Help To Buy and Lifetime ISAs with their 25% government bonuses, aimed very much at people saving for a deposit for their first property purchase....
If you're saving specifically for a house then this is certainly the best way to go.
If you're just looking at general rainy day savings then there are a few accounts to choose from that pay 5% interest. Take a look on the banking and saving pages on the main site.0
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