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Savings until September

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  • 05-03-2004 12:37pm
    #1
    Doc
    Registered Users Posts: 2,670 ✭✭✭


    Looking for some advice on making the most of my savings...

    I’m hoping to return to university in England this coming September and am currently putting €1’000 away every month (I currently have €3’000 saved so next month I’ll have €4’000 and so on.) I want to have as much money as possible to see me through at least the first year but will need access to it in September any Ideas?
    Its just sitting in my current account at the moment.


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    #2
    Banjo013
    Closed Accounts Posts: 168 ✭✭Banjo013


    Leave it where it is ... the term is too short to make anything worthwhile, and you may even incur charges if you go doing things with it that may wipe out any gains.


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    #3
    Victor
    Registered Users Posts: 78,370 ✭✭✭✭Victor


    Put it in a 6 month bank account and you should get a slightly better rate. Don't bother with an investment type arrangement.


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    #4
    Sarsfield
    Closed Accounts Posts: 1,359 ✭✭✭Sarsfield


    http://www.askaboutmoney.com/clubman/BestBuys.htm

    60-day notice a/c with Northern Rock offers 2.5%

    If you're studying in the UK and have a UK bank a/c you'll get better rates there as UK interest rates are higher than Euro rates.


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