That’s an excellent plan, Magda!
The best piece of advice I’ve heard is ‘pay yourself first’ (a quote from our own Jasmine, no less!). When you get paid, siphon off an amount into your savings BEFORE paying your bills etc (as long as you can afford to save, obviously). It makes it much easier to build up savings as you don’t think you’ve got that extra cash to spend each month if it’s tucked away into a savings account.
Also, not to be scared of stocks and shares. It seemed like a scary world to me for ages – but now, equities ISAs and stock investment platforms are likely to offer better returns (in the long run) compared to the APPALLING level of savings interest currently on offer!
.
.
