A new washing machine or mud at Glasto?

Wednesday, April 12, 2017

Glasto Washing MachineA new washing machine or mud at Glasto?

That clunk on the spin-cycle has been nagging at you for a while now. Every time you put on a big load you get a little reminder that the washing machine’s days, like its dials, are numbered.

But it’s okay. Nothing to worry about. You’ve got it covered.

You’ve got savings.

You go online and do your research. Before you know it, you’re an expert on what washes what more economically and ecologically than who. And which model spins so quietly at 1600 r.p.m. that you can still hear a mouse burp in next door’s kitchen.

But before you hit the website of that great British institution that refuses to be undersold, you’ll just need to put on a quick load of mixed coloureds. And it’s then, as you’re pulling clothes out of the laundry basket, that a pair of mud-encrusted jeans falls to the floor, and a thought hits you.


For the price of what is, essentially, just a boring white box with a porthole in the middle, you could be frolicking in the most legendary mud of all. This June, it could be you, dancing amongst the happy hipsters and fulfilling a life-long dream – of spending what could be the most memorable weekend of your life at the daddy of all British music festivals.

Maybe you could go the whole hog and hire a campervan? Yes. And don’t they re-sell returned tickets this time of year? Yes. And haven’t you heard strong rumours that your favourite legendary goddess of soul is appearing on the Sunday? Yes. Yes. And yes again.

Obviously, after you’ve thrown in the little plastic ball, turned the knob to 40 degrees and pressed power, you’ll come to your senses. A washing machine’s what you should buy. But a wild weekend’s what you could buy.

Whichever way you decide to go, at least choosing the method of replenishing your savings might be easier. 

Discover an ISA

Our Stocks & Shares NISA (to give it its full name) is a flexible tax-free way to make the most of your annual ISA savings allowance (currently £20,000 in 2017/2018 tax year), whether you’re budgeting for a wedding, say, saving towards a deposit for a house, or sending your kids to university.

In fact, if you’ve longer-term savings goals like these in mind, our Stocks and Shares ISAs might be just your thing. Especially if you’re comfortable balancing risk with the opportunity for growth. But don’t worry, you don’t need to be a Wall Street investor, like Gordon Gekko to get returns. Our NISA has real investment experts behind it.

You can pay in lump sums or make regular top ups by direct debit and regular or partial withdrawals – just like you can with a standard Cash ISA.

Of course, you should be aware that in some investment conditions you may not get back the full amount originally invested. Also, tax rules change, and can depend on individual circumstances.

But at the end of the day, will the call of the campervan hire company be louder than the clank of the washing machine’s disintegrating drum?

Only you can decide. But Foresters can help you get there.

Find out more about the Foresters ISA and how to apply >


Where next?