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Need some saving advice.

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  • 12-01-2009 8:29pm
    #1
    jackofnotrades
    Closed Accounts Posts: 34 ✭


    Hello ! I'm a part time student and a full time worker who's going to hopefully be finished college soon. I want to go on a trip to the US when I'm finished and was wondering what would be the best way for me to save my pennies. I was thinking of going with Bank of Ireland's easy saver account here: http://www.bankofireland.ie/personal/savings_and_investment/savings/easysaver/index.html because it looks good to me but I don't really understand AER,DIRT or know what a tracker mortgage is. I'm already a BOI customer.

    I'd probably like to go late August/early September so this gives me 8 or 9 months of saving, might even make that 10 depending on what happens. I was thinking of saving about 200 euros a month but I could probably save more if I put my mind to it I've never really tried. I want to go for as long as possible and see a lot of places. I don't mind bus'n it or hostels. A friend of mine says they are going to save as much as they can in the credit union as they will then give you a loan for the amount you saved.

    Any advice on whats the best way for me to collect my beans ?


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    #2
    fits
    Registered Users Posts: 13,492 ✭✭✭✭fits


    I was looking into this recently and found First Active's Regular Saver account to give the best AER. You can access the money any time if you need it.


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