Best option for saving money..

job seeker

Hi all,

I'm looking to save money in the future. Therefore I'm curious as to which is the best An Post, Credit Union or bank (which bank)?

Thanks.

mooreman09

job seeker wrote: »

Hi all,

I'm looking to save money in the future. Therefore I'm curious as to which is the best An Post, Credit Union or bank (which bank)?

Thanks.

You thinking of long term savings? ie a pension, or have you already got one?

job seeker

mooreman09 wrote: »

You thinking of long term savings? ie a pension, or have you already got one?

Hi. a pension I have not considered that. I'm 25 in April, I'm more so considering putting money away for a house in the future.

Is a pension something to be thinking about now??

CIP4

I find the credit union good for saving from the point of view of it being slightly inconvenient to take out so you are less likely to spend it on impulse purchases meaning your savings will grow better. A lot of bank savings accounts have online access and you can easily transfer money to your current account and send it straight away.

JTMan

job seeker wrote: »

Hi all,

I'm looking to save money in the future. Therefore I'm curious as to which is the best An Post, Credit Union or bank (which bank)?

Thanks.

lump sum or monthly savings? If it is a lump sum, how long can you lock the money away for?

Banterbus28

job seeker wrote: »

mooreman09 wrote: »

You thinking of long term savings? ie a pension, or have you already got one?

Hi. a pension I have not considered that. I'm 25 in April, I'm more so considering putting money away for a house in the future.

Is a pension something to be thinking about now??

Yes. A pension is absolutely something you should be thinking about. The longer you leave it the worse off you will be as a pensioner

billyhead

An Posts State Savings accounts have the best long term return rate at present but as mentioned you need to be prepared to lock them away for 5 or 10 years. Theres also a 4 year option I think.

handlemaster

Banterbus28 wrote: »

job seeker wrote: »

mooreman09 wrote: »

You thinking of long term savings? ie a pension, or have you already got one?

Hi. a pension I have not considered that. I'm 25 in April, I'm more so considering putting money away for a house in the future.

Is a pension something to be thinking about now??

Yes. A pension is absolutely something you should be thinking about. The longer you leave it the worse off you will be as a pensioner

From a financial product called a pension. If the OP invests in other financial products etc over the years they may not be

Banterbus28

My occupational pension is quite solid.

I pay in 5.45% of salary

Employer contribution is 20.9% of my salary.

Which gives me a total annual pension contibution of 26.35% of a my salary 😂😂😊

NIMAN

Banterbus28 wrote: »

My occupational pension is quite solid.

I pay in 5.45% of salary

Employer contribution is 20.9% of my salary.

Which gives me a total annual pension contibution of 26.35% of a my salary ������

:eek::eek::eek:

Jez, thats some pension scheme you're in.

You sure those figures are right?

Banterbus28

I'm a Northern silly servant yep CS pensions scheme Alpha 😎

homer911

Banterbus28 wrote: »

I'm a Northern silly servant

So you could end up on a better pension than salary!

amcalester

Lansing Financial wrote: »

Greetings. Have you considered doing a personal financial plan / retirement plan?
lansingfinancialservices com

You won’t last too long around here.