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Hopefully this is just the first

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in_need_of_direction
in_need_of_direction Posts: 7,701 Forumite
Part of the Furniture 1,000 Posts Photogenic Name Dropper
in I won! I won! I won!
So, I went self employed2 years ago. Last year went well and at year end I was looking somewhere to squirrel away that tax that doesn’t have to be paid until Jan 2020. Couldn’t get a good interest rate that would keep the money safe from me for the required time so instead bought premium bonds.

Yesterday I was notified of a £25 win which I will happily take. :j

Fingers crossed that it’s the first of many.
Mortgage at 01.01.14 £119,481.83:eek: today £0 Emergency fund £5.5/5.5k & £200/200 cash.:jWeight 24/02/19 14st 7lb now 12st determined to stop defining myself by my mistakes. Progress not perfection.:T100%through my 1% mortgage challenge. 100% through my pb challenge.
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Comments

  • tornadomanuk
    tornadomanuk Posts: 6,568 Forumite
    Congratulations :j
  • Misslayed
    Misslayed Posts: 15,385 Senior Ambassador
    Tenth Anniversary 10,000 Posts Homepage Hero Name Dropper
    Congratulations! :D We've done the same, got TWO prizes this month - £50 and £25!
    I’m a Senior Forum Ambassador and I support the Forum Team on the Competition Time, Site Feedback and Marriage, Relationships and Families boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com All views are my own and not the official line of Money Saving Expert.
  • fire**fly
    fire**fly Posts: 148,056 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    lovely, well done :T:T
    please be a responsible pet owner & spay/neuter your pets, too many strays & not enough homes for them sadly. k2u58ioz4c8e.png




  • chloeadkins
    chloeadkins Posts: 10,346 Forumite
    I won, I won, I won!
    Brilliant win, congrats xx
    11 wins in August 2019 :j Thanks everyone x

    Anorexia Fighter & Proud NHS Worker!:)
  • shazjack
    shazjack Posts: 3,571 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Well done :)
  • in_need_of_direction
    in_need_of_direction Posts: 7,701 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Thank you all, for me this truly is free money. I’m now wondering if I should buy extra each month with anything in excess of drawings and expenses as my business account gives me nothing. The more bonds, the greater chance of the big win.
    Mortgage at 01.01.14 £119,481.83:eek: today £0 Emergency fund £5.5/5.5k & £200/200 cash.:jWeight 24/02/19 14st 7lb now 12st determined to stop defining myself by my mistakes. Progress not perfection.:T100%through my 1% mortgage challenge. 100% through my pb challenge.
  • libra10
    libra10 Posts: 19,574 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 9 June 2019 at 5:35PM
    Well done.

    My husband and I bought a number of premium bonds this January. He has had 4 small wins, totalling £125, approximately the same as the interest he would have received in a savings account annually.

    And so far, I've won nothing!

    I think you stand more chance of winning when you have bigger blocks of bonds. There is a thread higher up the boards, might be worth taking a look.

    This is the thread

    https://forums.moneysavingexpert.com/discussion/81778/premium-bond-winner&page=132&highlight=premium+bonds

    Good luck.
  • mjm3346
    mjm3346 Posts: 47,265 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 9 June 2019 at 6:46PM
    The MSE article is here (with average luck you will do worse than savings interest)

    https://www.moneysavingexpert.com/savings/premium-bonds/

    There is a calculator here to see what you could expect to win or see how your luck compares to average based on what you have invested/won

    https://www.moneysavingexpert.com/savings/premium-bonds-calculator/
  • knitnut
    knitnut Posts: 746 Forumite
    Part of the Furniture 500 Posts Photogenic
    Congratulations. :beer:
    We've had ours over 25 years and never won a penny. One day hopefully!
    [FONT=&quot]
    [/FONT]
  • Dancing_Cowboy
    Dancing_Cowboy Posts: 357 Forumite
    Well done :D
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