Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • LauFrances
    • By LauFrances 14th Mar 17, 8:27 PM
    • 1Posts
    • 0Thanks
    LauFrances
    24 and trying to save for the future
    • #1
    • 14th Mar 17, 8:27 PM
    24 and trying to save for the future 14th Mar 17 at 8:27 PM
    I opened a Help to Buy ISA in October 2016, and am now wondering if I should move it into a Lifetime ISA come April 2017. The earliest I will be buying a property is June 2018, could be a couple of months later, but definitely by October 2018. I understand the advice is just to move the money over, but I won't be able to afford more than the 200 a month I'm already paying into the Help to Buy.
    Secondly, my partner is looking to start saving once he starts a new job in September. He'll probably be saving 400-500, and we'll be putting that towards a wedding. Should he open a Lifetime ISA, or is there no point because 25% will be taken off as it won't initially be used for a a house or retirement?
    Thank you in advance for any advice you can offer
Page 1
    • kidmugsy
    • By kidmugsy 14th Mar 17, 9:54 PM
    • 10,551 Posts
    • 7,227 Thanks
    kidmugsy
    • #2
    • 14th Mar 17, 9:54 PM
    • #2
    • 14th Mar 17, 9:54 PM
    Don't lash out on a wedding, just elope.
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

2,526Posts Today

8,137Users online

Martin's Twitter
  • It's the start of mini MSE's half term. In order to be the best daddy possible, Im stopping work and going off line? https://t.co/kwjvtd75YU

  • RT @shellsince1982: @MartinSLewis thanx to your email I have just saved myself £222 by taking a SIM only deal for £7.50 a month and keeping?

  • Today's Friday twitter poll: An important question, building on yesterday's important discussions: Which is the best bit of the pizza...

  • Follow Martin