Savings conundrum!

anmadogo

Hi there, any help would be really appreciated (!) As I have spent hours going round in circles with the research I have been doing!
I am a 39 year old self employed labourer earning very little but able to put about £100 aside a month and wondering what best to do with this and the savings I have put away (currently in premium bonds). I previously worked in the NHS for 10 years and combined with my forecasted state pension, would probably receive about £1000 a month once  I am 68, which would hopefully cover my living costs. I have a small flat with a repayment mortgage on it.
I would be very grateful for your opinions as to whether I should open a LISA, regular savings (any ideas which one) or make mortgage overpayments or if I should consider any other options?? I would like to keep some of the savings I have already accrued accessible for a rainy day, so I'm wondering if i need 2 products (one that is accessible and one that is locked away?) and if so which would be the best combination.
Thanks!

Mnd

I would be looking at a pension. You would immediately get 25% uplift by tax relief 

onwards&upwards

You may as well open a LISA while you can, you are just below the age limit so at least you’ll have it as an option even if you don’t put much money in immediately. 

george4064

I really think you need to provide more information for other posters to give some relevant pointers, whilst the posts from mnD and onwards&upwards above are not wrong they are standard pointers for anyone.

Starting point should really be establishing an emergency fund that will cover (up to you) at least 3 or 6 months of expenses, this should be kept in a instant access savings account. Premium bonds would be fine, but most people would tell you to move that cash to an instant access savings account for a bit more interest.