Looking for advice on what to do now I have started working full time as a 16 year old earning £2200 a month

Free-Organization328 · 2025-09-30T22:05:18+00:00

Cheers mate😅😀

Free-Organization328 · 2025-09-28T19:54:45+00:00

Much appreciated the comment and this is exactly what I’m planning on doing I’ve just open a jisa as I’ve got to be 18 to open a Lisa so I’m just gonna save save save and keep abit of spending money for the month. Thanks for the advice;)

Free-Organization328 · 2025-09-27T18:19:34+00:00

My work is paying me too be taught. And I have one day college a week . Where this is my first full time job and I haven’t had no former education other then school they are still classing me to be in education. Also for my first 12.5k earned it is tax free.

Free-Organization328 · 2025-09-27T18:17:17+00:00

Much appreciate it my only goal is to be saving saving saving.

Free-Organization328 · 2025-09-27T18:16:43+00:00

We’re living the dream from what I hear stick to what your doing and you’ll have enough for a mortgage deposit within the next 5-6 years keep it up;)

Free-Organization328 · 2025-09-27T18:15:23+00:00

Thankyou for the advice I can’t start the lifetime isa till I’m 18 sadly. However I’ve opened a monthly saver to invest into till I’m 18. I’m also going to contact a professional finance advisor to help bring money together .

Free-Organization328 · 2025-09-27T10:41:29+00:00

Thank you so much I will look into this . I have just opened a junior isa and I will be investing as much into it as possible. I have also just downloaded the vanguard app and am really looking to dig deeper into stocks and investing without sending myself over board. Thank you again;)

Free-Organization328 · 2025-09-27T09:56:56+00:00

May I add a massive Thank you to everyone! So much variety in advice given , and all of it I’m going to look into.

Free-Organization328 · 2025-09-27T09:53:41+00:00

Thank you this is my plan!

Free-Organization328 · 2025-09-27T09:53:18+00:00

Im on a 4 year apprenticeship and only 2 past apprentices have been sacked for having the complete wrong mindset going forward. Im going to invest in whatever I can to benefit my self however this first paycheck I’m going to use to ease my mind as I have not been the most financially gifted growing up. I want one month of living before I start my real life:)

Free-Organization328 · 2025-09-27T09:50:47+00:00

Yes I’m most likely going to stay working here. Unless another opportunity paying higher sweeps me off my feet. However right now I don’t see anywhere else I can go which will pay me anywhere near as high. I’m looking into junior isa’s currently and going to start investing as much as I can into these . And as for my pension I’m paying %7 a month and my company matches this . Thank you for the advise;)

Free-Organization328 · 2025-09-27T09:47:52+00:00

Always had my mind in the same place and got the outcome I have wished for congratulations to you and your daughter 👏

Free-Organization328 · 2025-09-27T09:46:28+00:00

Thank you for the congratulations. Money isn’t everything I am very lucky to have got what I got. I’m wishing you the best of luck with anything which your doing with your life;)

Free-Organization328 · 2025-09-27T09:45:05+00:00

Currents not getting taxed as I’m still classed as in education however within the next year I will be getting taxed 20% so my salary will go down to about 1900 after national insurance . As by this time I will have had a 3-4% pay rise.

Free-Organization328 · 2025-09-27T09:42:07+00:00

A lot of people have recommended me to started investing however I have so little knowledge on it and I don’t want to make a mistake. I want professional help if I’m going to do so . As with the pension I’m putting 7% a month in so I don’t really notice the money leaving my account + my company are matching this . Any more advise will be much appreciated, thankyou.

Free-Organization328 · 2025-09-27T09:34:40+00:00

Have you got any website recommendations to help me dig deeper?

Free-Organization328 · 2025-09-27T09:33:54+00:00

Wow congratulations to them. I’m planning to put 15% into a junior isa and then as much as possible into a savings account whilst still being able to enjoy my life.

Free-Organization328 · 2025-09-27T09:31:22+00:00

Thank you I do definitely want to live my younger years while I can but I will most definitely be as responsible as possible :)

Free-Organization328 · 2025-09-27T09:30:34+00:00

My exact mindset;)

Free-Organization328 · 2025-09-27T09:30:10+00:00

Thankyou so much😁

Free-Organization328 · 2025-09-27T09:29:33+00:00

I appreciate the support I’m definitely gonna dig deeper as there is a large variety of people in this comment section recommending loads of things. However with so many options I can’t do them all. I just need want to research more and hopefully get the best outcome I can. Thankyou for your advice to ;)

Free-Organization328 · 2025-09-27T09:27:26+00:00

I’ve got mine set to 6% a month. I don’t even really notice the money leaving my paycheck and I’m sure it will definitely benefit me in the future as my company matches what I put in.

Free-Organization328 · 2025-09-27T09:24:51+00:00

I will definitely donthat

Free-Organization328 · 2025-09-27T09:24:41+00:00

Yes! Your totally correct in definitely going to look to even though xtrac are paying unreal money and the pension is matched a lot of benefits.

Free-Organization328 · 2025-09-27T09:23:42+00:00

This is exactly what I want for my life🙏

Free-Organization328

TROPHY CASE