We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
What percentage of your savings should you put in a fixed rate account?
jcarmel
Posts: 12 Forumite
Hello. I have just been looking at 6 month fixes and wondered what percentage of my savings I should commit to a fixed account (seeing as I won't be able to access the money until the account matures). Is 20% too high? Assuming the rest stays in an easy access account.
Thanks in advance for any advice.
Thanks in advance for any advice.
0
Comments
-
Why not split it equally between a 6 month fixed account and a series of 30/60/90/120 day notice accounts?#2 Saving for Christmas 2024 - £1 a day challenge. £325 of £3660
-
As this is a mortgage board I take it your saving for a mortgage ?
Lisa ISA ??0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.8K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.8K Work, Benefits & Business
- 600.2K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards