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Old 17-02-2017, 20:24   #38
heero_yuy
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Join Date: Mar 2009
Location: Worthing West Sussex
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Re: 15k in bank, what best to do with it

Quote:
Originally Posted by Paul M View Post
I got another letter the other day telling me how my "savings" account interest is dropping even further than its already dreadful value.

With inflation higher than the interest rates already (and expected to hit 2.5% this year), I'm with Maggie, start spending it.

I've spent quite a bit on a bunch of work improving my house in the last two years (plus some nice holidays).
Putting value into your property has to be the best use of the money. I'm soon to be in receipt of an inheritance on the sale of another property and I intend to invest some of the proceeds in our own property.
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