am thinking of squirelling away £500 every so often - what shall i do with it

[OrvilleRedenbacher]

in secret

i dont pay tax so i am ok

yes
and yes dead easy to change but you wouldn't want to do it too often
have a look after the 1yr bonus period is up and see if there are better deals at that time.

OK, so you spurn my offsetting advice! Def go for the ISA rather then premium bonds though. If you get an online one you wouldn't even get statements sent to your house - would be totally secret then.

i do sound shady

Yep, you do sound v shady. Are you sure this secret money isn't blood money, money from MI5??

Oh I would buy art, or jewels or something

that way you can enjoy it now and if the value doesn't hold then dh won't know how much you spent in the first place

if value increases then aren't you the clever one?

we atr both spend thrifts.

I think it is her blackmail proceeds from hours spent scouring MN for everyone's dark secrets

lol

stuff about Barclays ISA here

and I will be paying my next installment as soon as I can get the £500 together, honest

don't tell them will you?

If she's getting £500 every 3 months that's some big secret she's blackmailing you about Franny.

its expenses
nursery mielagae subsistence

Another vote here for the mini cash ISA. Can get my money any time and DH knows nothing about it. You can usually choose how you have your statements. My bank (HSBC) offers either paper or electronic statements. If you don't want anyone to know about yours maybe ask for electronic statements?

ooh yes well do
i never knew a cheque adressed to me can go striaght into a bank wihtout me havign to send it to em iyswim

no hang on
cheque still has to arrive through yr letterbox, then you have to take it to Barclays.

I meant no need to pay it into Lloyds then get the cash out.

premuim bonds- you could wina million!!

yes htat what iu understood re cheque

face lift that my plan

oh i see...whopps wrong end of stick

So, is a mini-cash isa basically a savings account with instant access that gives 5% ish per year and you can only save £3600 per year in it?

try www. motley fool.co.uk they re very helpful on independant guidance

not all of them have instant access
and many are more than 5%
the clincher is that you don't pay tax on the interest you earn

I would do something different each quarter just for the fun of it, come on here each time and ask us for suggestions!
You could do an ISA one quarter, buy £500 of premium bonds the next, pay your car insurance in one lump sum if the cheque arrives in time for renewal, stick it on the mortgage, ISA again, Child Trust Funds if you're feeling generous, laser hair removal on the old armpits, half on yourself half to charity? So much fun to be had!

good plan