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This is probably in the wrong place, since there's no other threads in this section, so if someone could move it that'd be great, sorry that I haven't found my way around the forums yet.
When mum died we found out she had a works life insurance policy, my sister knew more about it than me and warned me not to expect it to be much. I thought it'd be maybe a weeks salary for every year she'd worked there (NMW), and was hoping that it might hit about £500.
I googled earlier today and it's actually a years salary! So nearer to £6 thousand each.
Now, I've got a shopping list for some of it - disability aids, Uni fees (if I get in - part time so only £1650 a year), a new sofa (this one's falling apart), and then go mad and splash out on an ipod and maybe a couple of hundred on a couple of cheap city breaks.
Which will leave me with 3.5k, which is still an enormous amount to me.
Because of my MI, I need to protect it, so I don't go manic and spend it all on crap.
So, what's the best savings account for me to put it in? I'm less bothered about interest rates than I am about not being able to get at it without having to wait at least a couple of weeks, but still have access to it in an emergency. So nothing that ties it up for months/years.
It'll also end up being fairly short term, because once mum's house is sold (could be a few months, could be a year or more) I'll have to lump everything together and start fighting the jobcentre, and hopefully buy a house with it. If not, then I'll need to live off it at benefits level rates. But that part's in the future, it's the next few months I'm dealing with (the thought of being responsible for tens of thousands turns me into a gibbering wreck, so I'm not thinking about it. lalala.)
When mum died we found out she had a works life insurance policy, my sister knew more about it than me and warned me not to expect it to be much. I thought it'd be maybe a weeks salary for every year she'd worked there (NMW), and was hoping that it might hit about £500.
I googled earlier today and it's actually a years salary! So nearer to £6 thousand each.
Now, I've got a shopping list for some of it - disability aids, Uni fees (if I get in - part time so only £1650 a year), a new sofa (this one's falling apart), and then go mad and splash out on an ipod and maybe a couple of hundred on a couple of cheap city breaks.
Which will leave me with 3.5k, which is still an enormous amount to me.
Because of my MI, I need to protect it, so I don't go manic and spend it all on crap.
So, what's the best savings account for me to put it in? I'm less bothered about interest rates than I am about not being able to get at it without having to wait at least a couple of weeks, but still have access to it in an emergency. So nothing that ties it up for months/years.
It'll also end up being fairly short term, because once mum's house is sold (could be a few months, could be a year or more) I'll have to lump everything together and start fighting the jobcentre, and hopefully buy a house with it. If not, then I'll need to live off it at benefits level rates. But that part's in the future, it's the next few months I'm dealing with (the thought of being responsible for tens of thousands turns me into a gibbering wreck, so I'm not thinking about it. lalala.)
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