Unsure on which, saving £1500.

unreal_3

Hi,
I am 16 and over the last 16 years of my life I have accumilated roughtly £1500 which is now sat in a Britania savings account at my local Britania.

Basically from reading the site I am left unsure of the best way to save the money and also wasn't sure if anything else applies with me still being in full time education and planning to go on to A levels next year.

I dont mind if the money is in an online account, local bank/building society but I would like to know what is my best bet on where it should be.

I at maximum withdraw £100 each year in one go and probably put currently £100 once in summer and about £150 just after christmas.

Thanks
Ben

knuckledragger

How about putting it in a minicash ISA which will get you interest tax free.
Check out the sub board for the best deals.

YorkshireBoy

Slightly different angle here... Britannia are still a mutual, aren't they?

One bit of advice I would give is that, whatever you do with the rest, leave an amount (>£100) in the Britannia account just in case the carpet-bagging ever takes off again!

I've given my eldest 2 this advice, and I still control the youngest's pass book!