What would you do with £25K worth of savings AFTER university?
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Re: What would you do with £25K worth of savings AFTER university?As a really broke student who clearly manages finances poorly, do you mind if I ask how!?(Original post by iPhone)
So, I've worked out that I'll have around £25K worth of savings when I finish university. What would you guys spend some of it / all of it on?
With regard to spending it? I'd probably see about something sensible first like the fees thing that people have been talking about. There's a good calculator on money saving expert, this isn't the one I used originally but the link will take you to a calculator and the right kind of area. http://www.moneysavingexpert.com/loa...ans-repay#tool -
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Re: What would you do with £25K worth of savings AFTER university?http://www.thestudentroom.co.uk/show...2&postcount=53(Original post by appletizer)
As a really broke student who clearly manages finances poorly, do you mind if I ask how!?
With regard to spending it? I'd probably see about something sensible first like the fees thing that people have been talking about. There's a good calculator on money saving expert, this isn't the one I used originally but the link will take you to a calculator and the right kind of area. http://www.moneysavingexpert.com/loa...ans-repay#tool
To be honest, I wouldn't need to pay off the loan as its not worthwhile to do so. -
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Re: What would you do with £25K worth of savings AFTER university?Ah ok, thanks.(Original post by iPhone)
http://www.thestudentroom.co.uk/show...2&postcount=53
To be honest, I wouldn't need to pay off the loan as its not worthwhile to do so.
Well in that case, I'd definitely travel if you have the time and haven't done so already. I had to spend time abroad as part of my course this year and I loved it. It's an extravagance but it's a great one, do it while you're relatively free of ties in this country (a job or whatever) and you will remember it forever.
Like I said, I suck with money, but I'm definitely saving up to use what little holiday I get next year for travel. -
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Re: What would you do with £25K worth of savings AFTER university?Deary me. This is money he'll have saved himself - he hasn't won a bet or been handed it by a stranger. What a **** answer.(Original post by loki276)
Probably keep 5 k as emergency savings and than give 15 to parents and 5 to charity -
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Re: What would you do with £25K worth of savings AFTER university?Presumably you didn't want a maintainence loan then?(Original post by HJV)
Pay off my student loan and buy a car with the remaining £15k.
Personally I'd spend very little and just use when it was needed. Investing the rest.Last edited by SirMasterKey; 19-09-2011 at 21:20. -
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Re: What would you do with £25K worth of savings AFTER university?(Original post by Fires)
Seriously though, the way things are heading in the world right now, you should put £10K of it into buying gold - that will probably double over the next year. Another £5K into silver - probably will treble. Buy £3K worth of non-perishable supplies. Pay for your travel ahead and try to buy things that can be traded for horse meat or potatoes for a couple of years' time when the economic crisis really starts to dig in, thanks to the wise actions of our governments in cutting everything in sight.
paranoid much?
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Re: What would you do with £25K worth of savings AFTER university?Yep. Definitely sure.(Original post by TobeTheHero)
are you sure you'll save that much? you do know life is so unpredictable... -
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Re: What would you do with £25K worth of savings AFTER university?I'd be boring and stick it all down as a deposit, dependant on where you are thinking of buying/working etc..
£25k would be about 33% deposit on my house, i'd pay the mortgage off over 8 years then buy somewhere else to rent out locally. -
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Re: What would you do with £25K worth of savings AFTER university?Dilemma!!!!!? What planet are you on!? Not many people leave University with savings, let alone 25k's worth!(Original post by Homer_Simpson)
deposit for a house or small venture i will leave university with a similar sum in a dilemma myself!
You lot don't know how lucky you are - secure your future via property.
Or if you aren't ready to buy, leave it where it is until you are! -
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Re: What would you do with £25K worth of savings AFTER university?That is possibly the most hypocritical thing any one has ever said with this in their signature:(Original post by arob752)
Stop bragging and make your own decisions
"Further Maths A* (95.5% average over 12 modules )"
