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PREMIUM BONDS: WHAT ARE THEY AND ARE THEY WORTH IT, HOW TO BUY PREMIUM BONDS & HOW MUCH HAVE WE WON? 

Lara Joanna Jarvis
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Are Premium bonds worth it, can you become a millionaire? How do you buy Premium Bonds, How much have we won, and what are Premium Bonds?! I will be answering all this and more in today's video!
My latest investment portfolio -
• My Investment Portfoli...
If you've ever wondered if Premium Bonds are worth it - and I get asked this alllll the time, then this video should tell you everything you need to know and more about this saving method from national savings and investments - NS&I.
Have you ever won on the Premium Bonds, how many bonds do you own, do you think they are worth it?? I'd love to hear from you in the comments with your experience of Premium Bonds!
My other investments - • Investing
Come and find me on Instagram if you want to see things like my budget outfit ideas, ways to make your money go further and more of what I get up to. larajoannajarvis
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You may like my budgeting tips and money saving ideas videos -
• Budgeting and No Buy Year
And our house buying series here -
• First Time Buyers, Hou...
Thanks for supporting me and being a part of this amazing community, it would mean the world to me if you would like to subscribe to see more from me, I appreciate every single one of you!
Lots of love, Lara x
♡ C O M M O N Q U E S T I O N S ♡
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The links above could be affiliate links, which means if I have inspired you to make a purchase and you choose to buy something through one of these links, I may receive a small commission on the sale, as a way of thanks. It makes no difference to you as a buyer or the cost you pay, but I may receive a small compensation from the brand via rewardStyle or Amazon etc.
The information discussed on this channel is for educational & entertainment purposes only. It should not be considered advice. Please do your own research and I encourage you to seek professional tax, legal, and financial advice, before making your own actions and decisions.
All notes believed to be accurate at the time of posting but not guaranteed.

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23 авг 2024

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Комментарии : 50   
@brionycrump6626
@brionycrump6626 3 года назад
I’ve had my house deposit savings in there for 3 months and won £25, then £125! Really happy with that.
@LaraJoannaJarvis
@LaraJoannaJarvis 3 года назад
Well done! I won nothing this month! Boo x
@elainhayter9144
@elainhayter9144 3 года назад
Eagerly checked my bonds on August draw but sadly nothing... however the first millionaire drawn only started their bond investment in July 2020 and won the million with just £1k in bonds 😳. The second millionaire drawn only had £10k in bonds...just goes to show you don't need to have loads of bonds to win the big one... although obviously the more you have the greater your chances are 😁. Love it when people win big with the smaller amounts 🤩
@LaraJoannaJarvis
@LaraJoannaJarvis 3 года назад
That's amazing!! Thank you for sharing - there's hope for us all yet!! x
@raefern
@raefern 3 года назад
I was very confused about premium bonds, this has made it very simple, thank you!
@LaraJoannaJarvis
@LaraJoannaJarvis 3 года назад
Great to hear! So pleased it was helpful xx
@TSD0X
@TSD0X 3 месяца назад
Im so confused. I have a premium savings bond on a piece of paper and there’s no information online on how to get it
@jeansmith3367
@jeansmith3367 3 года назад
A Premium Bond used to be a nice little gift for new babies/Christening gift etc when you could buy for a £1.00, picked by ERNIE . My Mother in Law bought £10 worth for my son, totally forgot all about it until he won £25 after about 27 years! Nice surprise x
@LaraJoannaJarvis
@LaraJoannaJarvis 3 года назад
Yes, I am sure I got some when I was a baby too! Nice little win out of the blue then! X
@creatingbalancefinance
@creatingbalancefinance 3 года назад
Awesome video Lara! We have a very a relatively small amount in premium bonds for an absolute emergency but choose to invest any money we can save to see greater returns over time. 😊
@LaraJoannaJarvis
@LaraJoannaJarvis 3 года назад
Thanks so much! Yes, I think that's a good strategy! Once our house deposit isn't needed any more I will not keep as much in ours and stick to higher risk/rates investments x
@creatingbalancefinance
@creatingbalancefinance 3 года назад
@@LaraJoannaJarvis exciting!! I really enjoy your house hunting videos. 😊
@mandynuttall6627
@mandynuttall6627 3 года назад
Wow Lara I learned so much from this video. I had no idea you could access money in premium bonds so quickly. I had always thought once the mobey was in there it was stuck! No idea why I thought that😅 I have the amazing sum of £10 in there which was bought for me when I was born lol😅 I might look into starting to buy some more xx
@LaraJoannaJarvis
@LaraJoannaJarvis 3 года назад
Ah I’m so pleased it was helpful, Mandy! Thanks for your comment! It’s a good place to put money if you need quick access which won’t affect your tax like an issue could, with the added bonus of potentially winning some money too! X
@hllb
@hllb 3 года назад
my nan won £5,000 once!
@LaraJoannaJarvis
@LaraJoannaJarvis 3 года назад
Wow awesome! 👌🏼
@TheWellnessAbbey
@TheWellnessAbbey 3 года назад
I never log on to check if I've won as I assumed they'd email a notification if we win!! I better log in now 😁
@LaraJoannaJarvis
@LaraJoannaJarvis 3 года назад
The app is really quick and easy to check! X
@TheWellnessAbbey
@TheWellnessAbbey 3 года назад
@@LaraJoannaJarvis Thanks Lara, I've downloaded it now as your response has reminded me :-) (sadly no prizes won yet!)
@eleanorwhitaker5161
@eleanorwhitaker5161 3 года назад
Great video, thanks! We had a small amount for my son so I’ve just transferred a bit more over as it’s not doing anything where it is now and I’m too risk averse for stocks and shares. Downloaded the app too so I can easily check for winnings 😁
@LaraJoannaJarvis
@LaraJoannaJarvis 3 года назад
Yes the app is very helpful! Check for missed prizes too!! X
@SB-ou7fr
@SB-ou7fr 3 месяца назад
I’d love an update on this topic, if you currently have bonds and what you’ve won lately if so? X
@LaraJoannaJarvis
@LaraJoannaJarvis 3 месяца назад
Hey! I took all of ours out so it’s taken a while to build it back up but last month I won £200, £150 the month before, £50 the one before that and then a month with zero :) I use it now to store money for large deposits and then take it back out again. I don’t use it for long term investments but for securely storing bulk payments x
@michellestanding1410
@michellestanding1410 Год назад
Hi Great video I have had premium bond for years
@Christine_Lawson
@Christine_Lawson 10 месяцев назад
This is a really good video thank you
@LaraJoannaJarvis
@LaraJoannaJarvis 10 месяцев назад
Glad you liked it! X
@elianaisblessed
@elianaisblessed 3 года назад
Thanks Lara! Awesome info. xx
@LaraJoannaJarvis
@LaraJoannaJarvis 3 года назад
Thanks so much! Glad it was helpful xx
@poniesnpaws
@poniesnpaws 3 года назад
Is £25 the minimum you can pay in each month?
@LaraJoannaJarvis
@LaraJoannaJarvis 3 года назад
Yes, they used to be less but now it’s £25 min x
@sarahchadwick9423
@sarahchadwick9423 3 года назад
I got some when I was born from my auntie and I’m 47 and never checked if I’ve won anything
@LaraJoannaJarvis
@LaraJoannaJarvis 3 года назад
Oh Sarah you should check!! You just need to set yourself up a log in and you’ll be able to find out, or call them and they will be able to let you know! X
@chrisroylance3109
@chrisroylance3109 3 года назад
😂 my husband has had £25 in for over 40 years (got them through work) he’s never won a penny. Would we be better to withdraw it and reinvest it, or leave it and add to it?
@chrisroylance3109
@chrisroylance3109 3 года назад
@@Daisyh542 I know she isn’t but she’s very knowledgeable
@micalawrence8175
@micalawrence8175 3 года назад
@@chrisroylance3109 No harm in trying!
@LaraJoannaJarvis
@LaraJoannaJarvis 3 года назад
Hmm, personally for that amount I would probably reinvest it somewhere else, even your pension would be topped up by the government if you put it in there so there’s places where it would work for you more. However, someone did once win a million with only £17 in bonds, so it’s not impossible!! X
@jayjayhibbs
@jayjayhibbs 2 года назад
Keep it because u could win.
@jayjayhibbs
@jayjayhibbs 2 года назад
Hi I love premium bonds
@marinabylett4458
@marinabylett4458 3 года назад
Do you have the full amount in premium bonds to win those prizes ?
@LaraJoannaJarvis
@LaraJoannaJarvis 3 года назад
No, you could have just £25 in there and win a prize, although just like a lot3ery the more tickets the more likely you are to win xx
@johnbarker924
@johnbarker924 2 года назад
My apinion the £25 prices are pick out as sweetners👈👆👉🤲🤞
@Justme_elizabeth
@Justme_elizabeth 3 года назад
I had premium bonds for 15+ years and did not win anything 😅
@Victoriacariad
@Victoriacariad 3 года назад
How much money did you have in there though?
@LaraJoannaJarvis
@LaraJoannaJarvis 3 года назад
I've heard this a lot! Did you have much in there? With inflation you've probably actually lost money, sadly!! xx
@boyasaka
@boyasaka 11 месяцев назад
I'm guessing you had like 100 pound in them
@cetinozden6937
@cetinozden6937 3 года назад
Hello 🌸
@kat_ie_9984
@kat_ie_9984 2 года назад
My emergency fund is in there
@LaraJoannaJarvis
@LaraJoannaJarvis 2 года назад
Great plan xx
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