How much do you have in savings???

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username5604436
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I set up a S&S ISA yesterday with £5k to start with. I'm wondering how much should I keep in my debit account so I have some money I can easily withdraw? Atm I have £12k still in my debit account, and another £11k in a cash ISA. How much more do you think I should deposit into the S&S isa, whilst having enough in my debit account? I'm a student btw
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username5604436
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I have about 27k in total
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CaptainDuckie
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Like £1.50 for Asda sandwiches
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username5604436
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(Original post by CaptainDuckie)
Like £1.50 for Asda sandwiches
Are you at uni?
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CaptainDuckie
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(Original post by Iasona)
Are you at uni?

Nah, not smart enough for Uni. Wbu?
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glassalice
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14K

Thanks DWP.
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username5604436
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(Original post by CaptainDuckie)
Nah, not smart enough for Uni. Wbu?
I'm sure that's not true! Yeah I am, but I worked for a couple years before going
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username5604436
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(Original post by glassalice)
14K

Thanks DWP.
How much do you keep in your debit account (approx)? I'm thinking of moving more of mine into savings but I'm not sure how much is a good 'safety' amount to keep at hand
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CaptainDuckie
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(Original post by Iasona)
I'm sure that's not true! Yeah I am, but I worked for a couple years before going

Thanks Lasagne

What as?
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username5604436
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(Original post by CaptainDuckie)
Thanks Lasagne

What as?
Np In a business consultancy, but mostly doing admin work lol. What do you do for a living?
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CaptainDuckie
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(Original post by Iasona)
Np In a business consultancy, but mostly doing admin work lol. What do you do for a living?

Oh that’s nice, how much did you make a month? I’m currently at A levels planning on going into medicine lol
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KikiTheYeagerist
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£87, impressive ik, I've been saving up😎
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londonmyst
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Not enough to buy a property in London with a garden, garage and swimming pool. :cry2:
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username5604436
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(Original post by CaptainDuckie)
Oh that’s nice, how much did you make a month? I’m currently at A levels planning on going into medicine lol
Around £2,000 a month, I just emailed a load of local companies so I was pretty lucky to find that. Ah that's cool, I was looking at graduate entry medicine but it's super competitive in comparison so I'd definitely go for it at undergrad!
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Igniform
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(Original post by Iasona)
I set up a S&S ISA yesterday with £5k to start with. I'm wondering how much should I keep in my debit account so I have some money I can easily withdraw? Atm I have £12k still in my debit account, and another £11k in a cash ISA. How much more do you think I should deposit into the S&S isa, whilst having enough in my debit account? I'm a student btw
Have you considered a LISA (if you don't own property)?
I have about £18,000, half in stocks
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Gaddafi
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What are your expenses?

3 months expenses minimum is worth keeping.
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username5604436
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(Original post by Igniform)
Have you considered a LISA (if you don't own property)?
I have about £18,000, half in stocks
Yep I've looked into that too. I might set one up although I already have a help to buy and a S&S isa. How much would you recommend to keep in my debit account because I have a fair amount in there that I could move into an isa still
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CaptainDuckie
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(Original post by Iasona)
Around £2,000 a month, I just emailed a load of local companies so I was pretty lucky to find that. Ah that's cool, I was looking at graduate entry medicine but it's super competitive in comparison so I'd definitely go for it at undergrad!

That’s fantastic man. Well done👍 very luck, wish I had something like that
Yeah I know
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username5604436
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(Original post by Gaddafi)
What are your expenses?

3 months expenses minimum is worth keeping.
Once I go back to uni I'd imagine around £800 a month, but I also get student finance which I've not included in the total in my debit account
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Gaddafi
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(Original post by Iasona)
Once I go back to uni I'd imagine around £800 a month, but I also get student finance which I've not included in the total in my debit account
Does your student finance cover everything or do you have to work as well? If it covers everything then fair enough you don't really need much in your debit account.
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