How much can you save?

Well, I'm on track for £500 a month. Not particularly good considering income of £1500.

AnnieSialo wrote: »

if the discussion topic is “how can you save money” it is much better topic

That's what the rest of the forums are for.

snooping_around wrote: »

I have managed to save 145K. Since I record my finances in MS Money I can see that at the end of last year I had saved 102K. So quite pleased to have saved 43K this year! :beer:

Christ. I don't even earn half that.

lawstudent wrote: »

Hi everyone.

I thought I would try to start saving too and was about to start a thread similar to this then I found yours.

I currently have £122 in my savings account (which is actually a second current account - I need to fix this) and £95 I plan to pay in.

I have also sold some items on Amazon tonight which brings my total so far to £271.59.

Hello Lawstudent I also am new to this savings lark and for the past 3 months have saved like never before, the greatest tip i got off this forum was to make sure I 'pay myself' first and budget the rest of the month and this system has worked for me once the savings are topped up monthly I just forget about it and stick to my budget, I make sure that myself and DH have enough pocket money so we don't feel like we are skint and it seems to work well so far so good.
I look forward to seeing how your savings goal works out over the next few months.

Hello to everyone else how are you all, *raises a glass and wishes everyone a happy and frugal new year*

I got paid 2 days early so I am going to update my sig have been looking forward to this bit :rotfl:(what a saddo) :rotfl:

Saving_NOW wrote: »

Hello Lawstudent I also am new to this savings lark and for the past 3 months have saved like never before, the greatest tip i got off this forum was to make sure I 'pay myself' first and budget the rest of the month and this system has worked for me once the savings are topped up monthly I just forget about it and stick to my budget, I make sure that myself and DH have enough pocket money so we don't feel like we are skint and it seems to work well so far so good.
I look forward to seeing how your savings goal works out over the next few months.

Hello to everyone else how are you all, *raises a glass and wishes everyone a happy and frugal new year*

I got paid 2 days early so I am going to update my sig have been looking forward to this bit :rotfl:(what a saddo) :rotfl:

Thanks for your encouragement!

I have made some real progress today by opening a Barclays Monthly Savings account paying 3.2% in months when no withdrawals are made. I have transferred £250 into this and I am going to aim to pay in another £100 every month or more if I am able to.

I have found that I am able to use my Tesco vouchers to pay for a service and MOT on my car so I am going to put the money I save by doing this into the account when I have the work done.