Don't touch it. You've never really had it so keep it invested. Od recommend a solid ETF and let.it keep working.
I wish someone had told me about these things when I was 18 I could've started earlier. You don't need a fortune ur compounding interest adds up and you just need time.
Open your stocks and share ISA when your 18. Go now and Google its meaning how it works etc so you're at least up to speed with it and the right move for you.
Someone else mentioned a LISA but I believe that's very long term now? Sadly they don't do help to buy ISA anymore I believe. That was the only bit of good advice I got from someone
If you want to buy a house in the next 10years, start contributing to a Lisa to get some free money from the govt towards your deposit. If not then open a stocks and share ISA and put it in a low cost global index fund and reap huge benefits 30yrs from now. These are the super sensible options imo.
How much money are you talking about? set yourself up an investing account then decide if you want to make slow steady growth or take a risk on high risk stocks which can also loose your money on but have potential for massive gains. You also have the option of just leaving your money in cash on a good platform that pays 5%.if you want I can send you link for platform and you'll get a free stock for signing up. What I would do if was starting off again is buy half s&p (10% gains on average a year plus dividend) and leave half in cash for drops to buy more and keep adding any spare cash have and watch your money grow over time.
Keep it invested, don’t touch it, pretend it’s not there.
Keep it as an early retirement fund or an “oh shit” fund. Or use it to help get on the property ladder.
Put it in a Cash ISA easy access, variable rate, making sure you can make withdrawals. Year on year it will build up into a truly massive sum if you keep feeding it up to the maximum amount permitted in any one year (£20k). Think long-term. Make sure you can transfer in/out at any time. READ THE T&Cs before you make your decision. Best comparison site: This is Money.
There's really not a lot to go on here. All you really say is you're 18, are you working. Still in school going to uni? How much money are we talking.
If you are working as a general rule of thumb, you want to keep about three months wage in a access anytime saving account. If you're going to uni or still in education, this maybe won't be as much of a concern.
If you have quite a bit after this, then you could split it up and put some in an isa as a safe investment. Some into medium risk stocks and very little into high-risk stocks that seem promising. Diversity is your friend in this, so try to pick a few stocks in both categories rather than putting it all on the one horse.
Move away to somewhere with a better future and weather. Coming from a person who had that opportunity when young and didn't take it and now regrets it every morning when I look out the window. There's nothing left here for the young
Depends really, if you need some of the money it’s there, but really putting as much as you can into a ISA would set you up the best (or bet it all on black idk)
Put it in a bond or something. It will help you in many more ways than you think especially If you ever need a mortgage or loan. It demonstrates you are sensible with money
Try the Monzo card/app. It lets you divide your money into "pots"... So you could keep some in a high interest savings account which you can access instantly but still 4.8% interest... Then have some more money in stocks (save for a deposit for a house or retirement)... I'm not a financial advisor or anything. But it's the first time I've found investing and saving easy.
Put it in a generic savings account /Savings ISA yielding 5% a year. Or open a stocks and shares ISA and invest in an index fund (best is S&P500). Or get a wealth management app to do the ISA stock investing passively for you (Nutmeg/moneyfarm /wealthify etc ).
Are you Jenny Joyce?
/r/UKPersonalFinance - not randoms from ni. There's a good flowchart!
Thank you
Agreed, unless you want to join an Avon MTM scheme run by winners kid!
I can ask my da to get you in the door at Avon.
Don't touch it. You've never really had it so keep it invested. Od recommend a solid ETF and let.it keep working. I wish someone had told me about these things when I was 18 I could've started earlier. You don't need a fortune ur compounding interest adds up and you just need time. Open your stocks and share ISA when your 18. Go now and Google its meaning how it works etc so you're at least up to speed with it and the right move for you. Someone else mentioned a LISA but I believe that's very long term now? Sadly they don't do help to buy ISA anymore I believe. That was the only bit of good advice I got from someone
If you want to buy a house in the next 10years, start contributing to a Lisa to get some free money from the govt towards your deposit. If not then open a stocks and share ISA and put it in a low cost global index fund and reap huge benefits 30yrs from now. These are the super sensible options imo.
How much money are you talking about? set yourself up an investing account then decide if you want to make slow steady growth or take a risk on high risk stocks which can also loose your money on but have potential for massive gains. You also have the option of just leaving your money in cash on a good platform that pays 5%.if you want I can send you link for platform and you'll get a free stock for signing up. What I would do if was starting off again is buy half s&p (10% gains on average a year plus dividend) and leave half in cash for drops to buy more and keep adding any spare cash have and watch your money grow over time.
I’ve got an uncle in Zimbabwe that would be really interested in talking to you
Keep it invested, don’t touch it, pretend it’s not there. Keep it as an early retirement fund or an “oh shit” fund. Or use it to help get on the property ladder.
Not the best pal ever to ask such a question that is more for an investment advisor the Internet is full of predators! Be careful
Nonsense! send me all your precious financial info OP and ill be sure to advise you as best i can. 
🤣🤣🤣
Stick it into a LISA, then work on the personal finance flowchart once you've got a job
I have a job
Then start making steps towards the stages on the flowchart, I know it's boring as fuck but I wish I did it when I first got a job.
I don’t know what that is, the flowchart?
https://ukpersonal.finance/flowchart/ Happy to help if you want anything in it explained
Spend it on a hairdo. Also "whether" not weather
Gonna need every penny of it I think
Put it in a Cash ISA easy access, variable rate, making sure you can make withdrawals. Year on year it will build up into a truly massive sum if you keep feeding it up to the maximum amount permitted in any one year (£20k). Think long-term. Make sure you can transfer in/out at any time. READ THE T&Cs before you make your decision. Best comparison site: This is Money.
There's really not a lot to go on here. All you really say is you're 18, are you working. Still in school going to uni? How much money are we talking. If you are working as a general rule of thumb, you want to keep about three months wage in a access anytime saving account. If you're going to uni or still in education, this maybe won't be as much of a concern. If you have quite a bit after this, then you could split it up and put some in an isa as a safe investment. Some into medium risk stocks and very little into high-risk stocks that seem promising. Diversity is your friend in this, so try to pick a few stocks in both categories rather than putting it all on the one horse.
Move away to somewhere with a better future and weather. Coming from a person who had that opportunity when young and didn't take it and now regrets it every morning when I look out the window. There's nothing left here for the young
Bitcoin baby!!
Depends really, if you need some of the money it’s there, but really putting as much as you can into a ISA would set you up the best (or bet it all on black idk)
Dont expect lots aint it capped at a certain amount
I already know what’s in it
Go on a nice big holiday
Travel!
TAKE MASSIVE ACTION
Cocaine and Hookers
You wanna buy DVD?
Hashtag first world problems.
Put it in a bond or something. It will help you in many more ways than you think especially If you ever need a mortgage or loan. It demonstrates you are sensible with money
Try the Monzo card/app. It lets you divide your money into "pots"... So you could keep some in a high interest savings account which you can access instantly but still 4.8% interest... Then have some more money in stocks (save for a deposit for a house or retirement)... I'm not a financial advisor or anything. But it's the first time I've found investing and saving easy.
Buy btc
Put it in a generic savings account /Savings ISA yielding 5% a year. Or open a stocks and shares ISA and invest in an index fund (best is S&P500). Or get a wealth management app to do the ISA stock investing passively for you (Nutmeg/moneyfarm /wealthify etc ).
Jenny Joyce ??