So I have inherited a fair amount of money and I have currently an income bond with NS&I.
I was wondering if there is anybody else in a similar situation and I was looking for advice on what to do for the best.
I dont use the money nor do I withdraw however with the interest I receive from it monthly I use that as my income in which I am able to spend.
Anybody have any ideas on where to hold my money which will give me the best interest rate and also a monthly interest?
Yep, I'd look at investing, going traditional bank route isn't going to do much for you - I'm a big fan of the Moneybuilder Income Fund - great income earner! See a financial advisor if you have enough Â£ - if not, look and research on DIY investing (but make sure you are comfortable with the risks!)