What would be the best type of account for saving in on an aprentice wage?

KiKrusher

Hi,

I could really do with a hand, I'm on a very low wage of £87 a week after tax as im an apprentice mechanic, but I really want to start saving for a deposit on a house in a few years time. Now I know witht he £30 that I want to put away each week its going to take me a very long time but I just want t obe able to put it away and think I have it there to fall back on now because its such a low amount what is the best account I could open to save in?

thanks very much

Simon

chesky369

I would open either an ICEsave or ICICI account if I were you. when I'd saved enough to make me feel good, I'd think about starting an ISA - but for information about them, you'd better go to the ISA thread.........

CLAPTON

open an cash ISA as you wont pay any tax on it. most will allow you to pay in when you want.

best to open one with a local branch or if you have a bank a/c then one that you can transfer the money online.

check out the interest rates... read martin's bit about ISAs