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West Ender · 09-10-2008, 23:01

Well I have spread my meagre savings around. I have some in HSBC, some in a Building Society, some in Premium Bonds and some in ISAs. My big ISA is a Stocks and Shares one and it was just beginning to look healthy, after about 5 years, but the bottom has dropped out of Shares so I'm back to square one.

I have a credit card but I pay it off, in full, every time I use it. I don't use it to make big purchases, I tend to save up for them and pay cash. I'm one of those people who hates to be in debt, it's not in my nature, and I've always been a saver. Please don't think I'm mean because I'm not but I am cautious.

At the moment my money will stay where it is, particularly as the Government is saying it will guarantee savings up to £50K, but I've heard of a lot of people withdrawing their money in favour of the sock under the bed. It's a tempting prospect if the situation gets even worse.

09-10-2008, 23:01	#4
West Ender Passed away 25-11-09 Join Date: Feb 2005 Location: Lymm, Cheshire Posts: 2,674 Blog Entries: 147 Liked: 2 times Rep Power: 193	Re: Bury your head in the sand Well I have spread my meagre savings around. I have some in HSBC, some in a Building Society, some in Premium Bonds and some in ISAs. My big ISA is a Stocks and Shares one and it was just beginning to look healthy, after about 5 years, but the bottom has dropped out of Shares so I'm back to square one. I have a credit card but I pay it off, in full, every time I use it. I don't use it to make big purchases, I tend to save up for them and pay cash. I'm one of those people who hates to be in debt, it's not in my nature, and I've always been a saver. Please don't think I'm mean because I'm not but I am cautious. At the moment my money will stay where it is, particularly as the Government is saying it will guarantee savings up to £50K, but I've heard of a lot of people withdrawing their money in favour of the sock under the bed. It's a tempting prospect if the situation gets even worse. __________________ * Some cinemas let the flying monkeys in............and some don't.