Hello
When my SSIA matures (I'm in the last batch!) I want to continue the good habits it has taught me and keep saving. Currently, I'm saving the maximum SSIA amount a month (I have only being doing so for the last 20 months). The SSIA is my first real attempt at saving. Ideally, from May, I would like to push myself a bit more and save around €350 a month. I was thinking of saving €150 into an instant access savings account and €200 into some type of medium term scheme. I really don't know what I should be looking fir though! I don't want to save too much in case I can't maintain the level longterm. Any advice as to what kind of scheme might be best for me would be much appreciated.
From May, when I want to start saving, my situation will be:
Net monthly income: €2,800
Monthly Mortgage: €850
Monthly Visa: €400 (I pay this off every month)
Charity Standing Orders per month: €42
Monthly Loan Repayment: €100
ESB & Gas per month: €120
Many thanks
When my SSIA matures (I'm in the last batch!) I want to continue the good habits it has taught me and keep saving. Currently, I'm saving the maximum SSIA amount a month (I have only being doing so for the last 20 months). The SSIA is my first real attempt at saving. Ideally, from May, I would like to push myself a bit more and save around €350 a month. I was thinking of saving €150 into an instant access savings account and €200 into some type of medium term scheme. I really don't know what I should be looking fir though! I don't want to save too much in case I can't maintain the level longterm. Any advice as to what kind of scheme might be best for me would be much appreciated.
From May, when I want to start saving, my situation will be:
Net monthly income: €2,800
Monthly Mortgage: €850
Monthly Visa: €400 (I pay this off every month)
Charity Standing Orders per month: €42
Monthly Loan Repayment: €100
ESB & Gas per month: €120
Many thanks