Use Your ISA Allowance Or Lose It
The phrase “use it or lose it” is very relevant to ISAs. As of April 6th 2015 you have 366 days to save up to £15,240 in your ISA. Even though 2016 is a leap year, giving you an extra day to achieve this, it's recommended to get off the starting blocks quickly. Let's cover the basics first. What Is An ISA? ISA stands for Individual Savings Account. In very simple terms, you pay into an ISA out of your post-tax income. You can either keep this money as cash or use it to b