Welcome to MoneySavingExpert.com's Forums!
THE EASY WAY: All the Forum's best tips go in MoneySavingExpert's weekly E-mail
Plus you'll get all the new guides, deals and loopholes. It's free & spam free
IMPORTANT! This forum isn't moderated.
If you spot a spam, illegal, offensive, racist, libellous post or PM please email abuse@moneysavingexpert.com

  Remember, this is an open forum! Anyone can post so always exercise caution when acting on info.
  Don't post links for personal gain. Except in the referrers section and always declare any interest.
You must Register to post (don't worry it's free)
Reply
Views: 3391  
Thread Tools Search this Thread Display Modes
Old 24-10-2006, 12:59 PM   #1
MSE Natasha
ML's Personal Researcher
MoneySaving Stalwart
 
Join Date: Jul 2006
Location: London
Post Count: 412
Thanked 1,120 Times in 255 Posts
Default How big are your savings?

Poll Started 24 Oct: How big are your savings? How much do you currently have in cash savings/liquid assets (ie you would be able to get access within a week if you needed it)? Don't worry, this poll is completely confidential. Individual votes aren't tracked.

A. Nothing
B. Up to £100
C. Up to £500
D. Up to £2,000
E. Up to £5,000
F. Up to £20,000
G. Up to £100,000
H. Up to £500,000
I. Over £500,000 (lucky, lucky you!)


Vote here or click reply to discuss


Last edited by MSE Andrea; 24-10-2006 at 3:34 PM..
MSE Natasha is offline   Reply With Quote Report Post
Old 24-10-2006, 4:16 PM   #2
JimmyTheWig
Fantastically Fervent MoneySaving Super Fan
 
Join Date: Oct 2006
Location: Chessington
Post Count: 2,285
Thanked 1,506 Times in 858 Posts
Default

The results would be much more meaningful if they were in answer order rather than "popularity" order. That way you could easily see what the average was, and where you came in comparison to it.

Jim
JimmyTheWig is offline   Reply With Quote Report Post
Old 24-10-2006, 5:59 PM   #3
MSE Martin
Money Saving Expert
Fantastically Fervent MoneySaving Super Fan
 
Join Date: Jan 2001
Post Count: 6,905
Thanked 34,985 Times in 4,442 Posts
Default

True - but the software doesn't do it I'm afraid - however when we get the final result we can do it that way



Martin Lewis, Money Saving Expert.
Please note, answers don't constitute financial advice, it is based on generalised journalistic research. Always ensure any decision is made with regards to your own individual circumstance.

Don't miss out on urgent MoneySaving, get my weekly e-mail at www.moneysavingexpert.com/tips.

Debt-Free Wannabee Official Nerd Club: (Honorary) Members number 000
MSE Martin is offline   Reply With Quote Report Post
The Following 2 Users Say Thank You to MSE Martin For This Useful Post: Show me >>
Old 24-10-2006, 6:02 PM   #4
Al Mac
MoneySaving Convert
 
Join Date: Jan 2005
Post Count: 20
Thanked 67,983 Times in 7,882 Posts
Default

My answer would have been different, if I knew how long it took to cash ISAs and Premium bonds



Competitions - See it, search it, post it, simples

Now retired from posting comps and reporting bad posts.
Al Mac is offline   Reply With Quote Report Post
Old 24-10-2006, 11:37 PM   #5
seven-day-weekend
Deliciously Dedicated Doubly Diehard MoneySaving Devotee
 
Join Date: Jun 2006
Location: West Midlands, England/Granada Province, Spain
Post Count: 10,666
Thanked 12,516 Times in 5,679 Posts
Default

I haven't counted my Premium Bonds as they take 1-2 weeks for me to receive the money.



Member#2 of the SKI-ers Club
'Therefore I will sing and I will rejoice, for His Spirit lives in me..'
seven-day-weekend is offline   Reply With Quote Report Post
Old 24-10-2006, 11:39 PM   #6
seven-day-weekend
Deliciously Dedicated Doubly Diehard MoneySaving Devotee
 
Join Date: Jun 2006
Location: West Midlands, England/Granada Province, Spain
Post Count: 10,666
Thanked 12,516 Times in 5,679 Posts
Default

Well done Al Mac on your teetotal days.



Member#2 of the SKI-ers Club
'Therefore I will sing and I will rejoice, for His Spirit lives in me..'
seven-day-weekend is offline   Reply With Quote Report Post
The Following User Says Thank You to seven-day-weekend For This Useful Post: Show me >>
Old 24-10-2006, 11:42 PM   #7
iwanttosave
Deliciously Dedicated Doubly Diehard MoneySaving Devotee
 
Join Date: Aug 2005
Location: manchester
Post Count: 31,849
Thanked 22,597 Times in 13,712 Posts
Default

I have about £2 in coppers



Work like you don't need money,
Love like you've never been hurt,
And dance like no one's watching

Save the cheerleader, save the world!
iwanttosave is offline   Reply With Quote Report Post
The Following 2 Users Say Thank You to iwanttosave For This Useful Post: Show me >>
Old 25-10-2006, 10:57 AM   #8
Jo Mack
MoneySaving Stalwart
 
Join Date: Aug 2006
Location: Wigan
Post Count: 580
Thanked 413 Times in 267 Posts
Default

lol im like that too Wanty. More concentrating on the "getting rid of debt bit of life" at the mo. But hopefully, should have that sorted in the next couple of months - then what i am currently forking out on debts will be being saved instead!



OFFICIAL NO.1 NELLY FAN - FACTno offence Vic purely on a Hoff basis
Jo Mack is offline   Reply With Quote Report Post
Old 25-10-2006, 11:56 PM   #9
pavlovs_dog
Fantastically Fervent MoneySaving Super Fan
 
Join Date: Jan 2005
Location: cool cymru
Post Count: 7,272
Thanked 7,280 Times in 3,712 Posts
Default

im in one of the latter options, but this is because im saving for a house, rather than saving for a rainy day.

having said that, i dont plan on moving into a house until i know i have enough money to not only put down a substantial deposit, but also having money put by for emergencies.



if i hadn't seen such riches, i could live with being poor
pavlovs_dog is offline   Reply With Quote Report Post
Old 30-10-2006, 2:06 PM   #10
MSE Archna
Senior Researcher
Serious MoneySaving Fan
 
Join Date: Feb 2005
Post Count: 1,190
Thanked 3,797 Times in 621 Posts
Default Poll Results

Poll Title: Poll Started 24 Oct: How big are your savings? How much do you currently have in cash savings/liquid assets (ie you would be able to get access within a week if you needed it)?

F. Up to £20,000 24.7% (1037 Votes)
E. Up to £5,000 17.4% (732 Votes)
G. Up to £100,000 15.5% (652 Votes)
A. Nothing 13.5% (568 Votes)
D. Up to £2,000 11.9% (500 Votes)
C. Up to £500 7.5% (319 Votes)
H. Up to £500,000 4.1% (175 Votes)
B. Up to £100 3.9% (167 Votes)
I. Over £500,000 (lucky, lucky you!) 1.1% (48 Votes)

Total Votes: 4198


Read Top Savings Accounts for info on the top paying accounts.


Last edited by MSE Natasha; 31-10-2006 at 4:28 PM..
MSE Archna is offline   Reply With Quote Report Post
The Following User Says Thank You to MSE Archna For This Useful Post: Show me >>
Old 30-10-2006, 6:33 PM   #11
Al Mac
MoneySaving Convert
 
Join Date: Jan 2005
Post Count: 20
Thanked 67,983 Times in 7,882 Posts
Default

Well I for one am totally gob smacked at those results.

48 people claim to have half a million easily accesible. And 827 between 100k and 500k.

Surely you should have it all locked away earning a decent amount of interest. Suppose it could be in shares.

For a money saving site, it could be a great advert

Any comment from the MSE meister



Competitions - See it, search it, post it, simples

Now retired from posting comps and reporting bad posts.
Al Mac is offline   Reply With Quote Report Post
Old 30-10-2006, 6:47 PM   #12
ManAtHome
Fantastically Fervent MoneySaving Super Fan
 
Join Date: May 2005
Post Count: 6,271
Thanked 3,736 Times in 2,481 Posts
Default

Well one of them could be the 100k PB winner... Bound to be a few in between houses, Martin might not have had time to get to the bank since his last appearance on the box etc.
ManAtHome is offline   Reply With Quote Report Post
Old 30-10-2006, 6:56 PM   #13
MSE Martin
Money Saving Expert
Fantastically Fervent MoneySaving Super Fan
 
Join Date: Jan 2001
Post Count: 6,905
Thanked 34,985 Times in 4,442 Posts
Default

I think it's interesting. Do remember quite a number of people tend to have large amounts of liquid cash if they've sold a property and are looking to buy a new one. It's a very common question on here.

Martin



Martin Lewis, Money Saving Expert.
Please note, answers don't constitute financial advice, it is based on generalised journalistic research. Always ensure any decision is made with regards to your own individual circumstance.

Don't miss out on urgent MoneySaving, get my weekly e-mail at www.moneysavingexpert.com/tips.

Debt-Free Wannabee Official Nerd Club: (Honorary) Members number 000
MSE Martin is offline   Reply With Quote Report Post
The Following User Says Thank You to MSE Martin For This Useful Post: Show me >>
Old 02-11-2006, 9:03 AM   #14
Big Ash
Newbie MoneySaver
 
Join Date: Nov 2006
Post Count: 1
Thanked 0 Times in 0 Posts
Default

Quote:
Originally Posted by Al Mac
Surely you should have it all locked away earning a decent amount of interest. Suppose it could be in shares.
Shares can be sold within 3 working days, so can easily be liquidated within a week.

Last edited by Big Ash; 02-11-2006 at 9:07 AM..
Big Ash is offline   Reply With Quote Report Post
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

 Forum Jump  


All times are GMT. The time now is 8:21 AM.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.
 Forum Jump  

Martin's Money Tips

Forum Etiquette
Pls be nice to all MoneySavers. There's no such thing as a stupid question, and even if you disagree courtesy helps.
Take care over copyright. Use excerpts and links rather than copying long text. This site asserts copyright on all comments posted on the board.
   
This website is based on journalistic research. It does not constitute financial advice. Any information should be considered in regard to specific circumstances. All tips are followed at your own risk and should be followed up with your own research . See Full Terms & Conditions and Privacy Policy. ® Martin Lewis and MoneySavingExpert.com. 'Martin Lewis' and 'Money Saving Expert' are registered trademarks belonging to Martin Lewis.