Need advice for money.

O

otc

Junior Member

Jan 16, 2022

106

30

• Jul 15, 2022

• #1

Hello BHW,

Just turned 18 yesterday and gained access to a large sum of savings money and now don’t know what to do with it. It’s £20,000. Do i set up an ISA? Buy a property to let? Investment ISA. I have £3000 in current account also that I have no clue what to do with, Cheers

 

RottenApple

Regular Member

Dec 24, 2020

283

207

• Jul 15, 2022

• #2

Whatever you finish up doing just make sure you are comfortable with the risk-to-revenue ratio.

Just don't blow it up!

 

bugmyday

Regular Member

Sep 23, 2014

220

63

• Jul 16, 2022

• #3

check on reddit for financial advices

 

&

&_Money

Banned by request of account holder

Jun 29, 2022

190

82

• Jul 16, 2022

• #4

Don't invest in to crypto whatever you do.

 

snapbumpkin

Banned-Spam

Jul 18, 2018

209

83

• Jul 16, 2022

• #5

buying property is one of the best option for you

 

Project Limitless

Elite Member

Jr. Executive VIP

Jr. VIP

Dec 3, 2021

1,806

2,639

• Jul 16, 2022

• #6

Use 5k out of that to travel for some time. It will go a long way in Asia. It's a great way of developing your personality and you'll be exposed to a lot of different entrepreneurs and businesses that can inspire you to start something creative of your own.