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Saving for a wedding...
lowdenclear
Posts: 173 Forumite
Hi,
I'm getting married next year and am currently saving for my wedding (or rather, am trying to!)... I was wondering what would be the best way of going about this? I currently have an Egg Money card and so set up a Mini Cash ISA with Egg too, so was considering an Egg Savings account, for the handiness factor?? I was going to continue paying into the ISA but I don't know if that'd be the best... Obviously there'll be times over the next year that I'll need access to the money in whatever account I choose, to pay deposits, etc, so I need to take that into consideration. Any advice for me?
Thanks in advance!
I'm getting married next year and am currently saving for my wedding (or rather, am trying to!)... I was wondering what would be the best way of going about this? I currently have an Egg Money card and so set up a Mini Cash ISA with Egg too, so was considering an Egg Savings account, for the handiness factor?? I was going to continue paying into the ISA but I don't know if that'd be the best... Obviously there'll be times over the next year that I'll need access to the money in whatever account I choose, to pay deposits, etc, so I need to take that into consideration. Any advice for me?
Thanks in advance!
0
Comments
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I have all these products with Egg too. Remember, you earn 4% interest on your Egg Money account when "in the black" so you can save your spending money there if that makes things more straightforward. No reason why you can't save in the Cash ISA or Egg Savings as well/instead. Only thing to remember is you cannot re-use your yearly ISA allowance once you have taken the money out of the account.0
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I have all these products with Egg too. Remember, you earn 4% interest on your Egg Money account when "in the black" so you can save your spending money there if that makes things more straightforward.
You could, but you could get more than 50% better rate elsewhere, so it seems like a bad plan...
I am a Chartered Financial Planner
Anything I say on the forum is for discussion purposes only and should not be construed as personal financial advice. It is vitally important to do your own research before acting on information gathered from any users on this forum.0
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