Two Options - Can Decide

[RubyStar]

I know this is bit off your query, but have you thought of putting aside $10-20 a week into a high interest account? (not term deposit, but like a Rapid saver that pays same % as term but you can access your money)

We do this for ourselves($50) and our pet($10) and our money is growing alot. Only MUST NO TOUCH it for anything else but health and vet.

Any insurance is worked out according to the risk.

Just a thought!

I'm not such a fan of these high interest accounts. Sounds great first, but you have to declare the interest at tax time as income and you end up just paying it all back again!