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Ken Moss · 05-02-2010, 07:03

We set up a direct debit for premium bonds to be bought every month and have never looked back. We had two £50 prizes in the first year and we've still got our original investment. Every time we get to £1000 we sell the lot and buy a block of consecutive bonds to make the odds of winning that bit better. It's worked a treat so far even with the reduced cash pot and we still don't have that many bonds.

It's a great way of saving because eventually you stop missing that money and it's a nice rainy day fund.

05-02-2010, 07:03	#17
Ken Moss Common Sense Member Join Date: Jan 2010 Location: Rishton Posts: 2,351 Liked: 16 times Rep Power: 7637	Re: Premium Bonds We set up a direct debit for premium bonds to be bought every month and have never looked back. We had two £50 prizes in the first year and we've still got our original investment. Every time we get to £1000 we sell the lot and buy a block of consecutive bonds to make the odds of winning that bit better. It's worked a treat so far even with the reduced cash pot and we still don't have that many bonds. It's a great way of saving because eventually you stop missing that money and it's a nice rainy day fund.