best place to save?

ourweeboy

Anyone got advice on the best place to lodge about 15k? I don't really want to agree not to touch it for years, incase I need some of it. Would I be better off opening a credit union account or post office account instead of a bank ac? Any tips appreciated!

RichardAnd

This would be better off in the finance forums, you'll get a better answer there. What I will say is that like you, I have a fairly sizable pool of savings. At present, I keep my money in two bank accounts and one post office account. I have considered moving it into a selection of different locations but I'm really not to well informed about what is safe and what is not. Perhaps gold bars under the floorboards

ourweeboy

RichardAnd wrote: »

T Perhaps gold bars under the floorboards

This would be my preferred option too, but I have no floorboards!
Thanks for the response, I think I'll do as you suggest and ask the finance section!

femur61

I moved some of mine to sterling but still have money here so hopefully covering all bases

ourweeboy

femur61 wrote: »

I moved some of mine to sterling but still have money here so hopefully covering all bases

Do you mean you lodged some in a northern ireland bank? Is that an option, I never considered that.

femur61

Very easily done. Ring up your desired bank up north. They will post you paperwork sign and return. they will inform you when its open and did a transfer from my bank here in the south. To open a deposit account you will need to do it in person but interest is so low I was happy just with a current account.

Dr Galen

Not a suitable thread for this forum.

Cheers

DrG