I have read the savings best buys key post, but being significantly financially unsavy, I would value some individual advice! I will be putting 3000 euro away each month to service my tax bill and am wondering what would be the best account to facilitate this? State savings?? Also I have about 4000 that I want to deposit from a current account into a savings account and will be saving about 1000 a month- best account for this?
Thanks
I would stick it into prize bonds. I have heard of others doing this also. You could be lucky.
The savings I need to have ready access to so cannot lock it in but would like to make it do something as it is just sitting in current account
... they have a return above inflation
I suggest you read this post.
Did you ever win anything?I have ones from 30 years ago
I used work in An Post (not in Prize Bonds) but was mystified to hear of the turnover (buying during the year and selling late in the year) as I have ones from 30 years ago - until it was explained to me that as they have a return above inflation plus are protected this is quite common. I know of one story where a property developer did this (in the boom) and won the super prizes a number of times
Prize bonds suck, like the Irish SweepStakes
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