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Am I missing something?

1 reply

LastTwoBraincellsFightingFor3rdPlace · 06/04/2025 16:24

(Cross posting for traffic)

I am currently out of work due to ill health, but I hope to be back in work within the next year or so. My DP and I own a house together, with no children. I claim contribution-based ESA. I’m trying to organise my finances as best as I can and want to cover all bases, so to speak.
I have:

Cash ISA with a good interest rate, which contains my emergency fund. It has a little over £1k in there. I don’t save in here anymore as I’ve exceeded my £1k target.

Premium Bonds, which contains money I have earmarked for building work on our house. I save £40 each month into this.

S&S ISA, which I haven’t deposited any money into for over a year because I can’t afford the minimum payments. The minimum amount, which can be paid in is £100 monthly or a lump sum of £500. This pot will be used to retire early.

A SIPP, which is to top-up my workplace pension. I save £38 into this every month.

I also have a workplace pension.

Is there anything that I should do differently, or is there something that I am missing at all?

OP posts:
DustyLee123 · 06/04/2025 21:28

Personally, I’d put the PB’s money into the cash ISA. I’d only use PB’s when I’d maxed that out.

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