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18yo organising savings, advice and thoughts needed!

secretbeetroot · 2021-09-21 15:10:10

Hi all, I'm 18 yrs old and just about to start uni. I'm doing a 3yr undergrad course but looking to do either a postgrad course or a teaching PGCE afterwards (another 1-2yrs). I figured I'd have a look at my savings after my junior ISA matured and I'm trying to work out where to put my money, what accounts etc. I have…

Comments

Queen_of_the_Hive Posts: 1,394 Forumite

25 September 2021 at 7:53AM

@secretbeetroot have you considered setting up a stocks and shares ISA, these come with their own level of risk but you have age on your side. Investment growth better than a standard savings account. Maybe set up with minimum amount and drip feed small amounts into it as you can afford being a student. Something like Nutmeg easy to set up and manage.

2026 financial goals & challenges!

1). Mortgage (started Jan 2024) £98,254.64/ £122,400.00 Overpayment total: £1460.47 (Inc Sprive yr 1 & 2 o/p £70.93, £5.52 Natwest o/p & £55.34 reg monthly overpayment) Equity 33%

2). #47 Save 1p a day challenge 2026 £96.47/£780

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4). CC debt - £21,180.79. Aiming for £19,999.99 31/12/2026

5). £252.66 / £1000.00 - EF

6). Lose weight, get fitter and read 12 books in 12 months in 2026. 2 out 12 COMPLETED
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