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How best to save £90,000?
Mrsave
Posts: 2 Newbie
Hi,
I came into some money (£90,000) and want to pay into my mortgage after my mortgage term ends in Sep' 2021.
I want to pay in £16,000 into my mortgage in December 2019 and £14,000 in December 2020.
So question is how best to save the £14,000 until I need it in December 2020 and the remainder of £60,000 until I need it in December 2021.
I have no current savings or ISA's at all. I am thinking £20,000 each in me and my partners ISA allowance for a two year fixed.....but then what?
I came into some money (£90,000) and want to pay into my mortgage after my mortgage term ends in Sep' 2021.
I want to pay in £16,000 into my mortgage in December 2019 and £14,000 in December 2020.
So question is how best to save the £14,000 until I need it in December 2020 and the remainder of £60,000 until I need it in December 2021.
I have no current savings or ISA's at all. I am thinking £20,000 each in me and my partners ISA allowance for a two year fixed.....but then what?
0
Comments
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Have a thorough read of this page: http://www.moneysavingexpert.com/savings/savings-accounts-best-interest"If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes” Warren Buffett
Save £12k in 2025 - #024 £1,450 / £15,000 (9%)0
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