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  • FIRST POST
    • BritOnABudget
    • By BritOnABudget 27th Dec 17, 11:47 AM
    • 45Posts
    • 487Thanks
    BritOnABudget
    Getting a head start on saving
    • #1
    • 27th Dec 17, 11:47 AM
    Getting a head start on saving 27th Dec 17 at 11:47 AM
    I thought it would be a good idea to keep a diary on here so I can keep track on my savings and see how far I have come.

    Currently my funds are:

    House Deposit: £2,500
    New York Fund: £250
    Holiday Fund: £74.55
    Emergency Fund: £66.70
    Car Costs: £70.83
    Christmas 2018: £40

    I'm hoping to have saved £4000 in my LISA by April while still saving for my funds so I plan to work hard with surveys and ebaying etc.
    Current Savings: £3,148.96
    Make £2018 in 2018 - £24.32/£2018
    Save 7k in 2018 - £835.59/£7000
Page 1
    • savingwannabe
    • By savingwannabe 27th Dec 17, 12:36 PM
    • 13,050 Posts
    • 46,602 Thanks
    savingwannabe
    • #2
    • 27th Dec 17, 12:36 PM
    • #2
    • 27th Dec 17, 12:36 PM
    Hello Lauren and welcome. It's great to have a new member of the forum. Well done on your savings so far. You have more in your Christmas Fund than I do!
    Happiness Fund (Dec 1st 2017)
    Reminder: I HAVE EVERYTHING I COULD WANT so SAVE!!!!
    • Kittikins
    • By Kittikins 27th Dec 17, 11:51 PM
    • 4,896 Posts
    • 43,866 Thanks
    Kittikins
    • #3
    • 27th Dec 17, 11:51 PM
    • #3
    • 27th Dec 17, 11:51 PM
    Good luck on the ebaying, I might need to take that back up again myself in 2018. Welcome to the board!
    Sealed tin saving - trying to put everything under £1 in my purse in there each day
    House deposit savings £52,000
    • BritOnABudget
    • By BritOnABudget 2nd Jan 18, 11:05 AM
    • 45 Posts
    • 487 Thanks
    BritOnABudget
    • #4
    • 2nd Jan 18, 11:05 AM
    • #4
    • 2nd Jan 18, 11:05 AM
    Added £150 to my LISA which brings it to £2650.
    I have cut down massively on buying lunches at work however need to try and do this with takeaways too. Not too bothered about meals out as I see these as a treat.
    Current Savings: £3,148.96
    Make £2018 in 2018 - £24.32/£2018
    Save 7k in 2018 - £835.59/£7000
    • savingwannabe
    • By savingwannabe 2nd Jan 18, 5:42 PM
    • 13,050 Posts
    • 46,602 Thanks
    savingwannabe
    • #5
    • 2nd Jan 18, 5:42 PM
    • #5
    • 2nd Jan 18, 5:42 PM
    That's great. I take sarnies to work as much as possible and it really helps. It has taken me years to do this so I do applaud you. I have been having takeaways recently but they have been really dear and not so tasty so I should give these up.

    I'm trying (I don't know if it will work) to meet friends and order coffee only to keep the cost down. I don't know if I will be able to do it but it is one of my resolutions.
    Happiness Fund (Dec 1st 2017)
    Reminder: I HAVE EVERYTHING I COULD WANT so SAVE!!!!
    • BritOnABudget
    • By BritOnABudget 2nd Jan 18, 7:51 PM
    • 45 Posts
    • 487 Thanks
    BritOnABudget
    • #6
    • 2nd Jan 18, 7:51 PM
    • #6
    • 2nd Jan 18, 7:51 PM
    That's great. I take sarnies to work as much as possible and it really helps. It has taken me years to do this so I do applaud you. I have been having takeaways recently but they have been really dear and not so tasty so I should give these up.

    I'm trying (I don't know if it will work) to meet friends and order coffee only to keep the cost down. I don't know if I will be able to do it but it is one of my resolutions.
    Originally posted by savingwannabe
    I know how you feel, it's far too tempting when you pass the counter and see all the lovely cakes and sandwiches
    Thank you so much for your support!
    Current Savings: £3,148.96
    Make £2018 in 2018 - £24.32/£2018
    Save 7k in 2018 - £835.59/£7000
    • BritOnABudget
    • By BritOnABudget 2nd Jan 18, 8:00 PM
    • 45 Posts
    • 487 Thanks
    BritOnABudget
    • #7
    • 2nd Jan 18, 8:00 PM
    • #7
    • 2nd Jan 18, 8:00 PM
    I managed to keep a spreadsheet of all my expenses this year by looking at bank statements and collating these.
    I was disgusted by the totals to be honest so I wouldn't be surprised if some of you are too, however I only started to minimise spending and maximise saving in July so I'm hoping my totals will be a lot better for 2018
    Baring in mind I live with parents so I do not pay any rent or bills, and my only commitment is my car, so here goes....

    Cash Withdrawls: £2,258.12
    Food Shopping: £1,120.04
    Meals Out/Takeaway: £868.83
    Gifts: £589.83
    Pub: £314.67
    Going Out: £126.85
    Clothes: £1,048.42
    Contact Lenses: £108.30
    Phone: £202
    Petrol: £1,126.75
    Days Out: £734.77
    Misc: £1,099.57
    TOTAL: £9,598.15



    I understand that this is not 100% accurate due to the cash withdrawls (as I know I have spent A LOT more money going out) and the misc column therefore I'm planning to spend more on my card this year to keep track of exactly where my money goes.

    Thanks for reading and following my journey to saving!
    Current Savings: £3,148.96
    Make £2018 in 2018 - £24.32/£2018
    Save 7k in 2018 - £835.59/£7000
    • savingwannabe
    • By savingwannabe 2nd Jan 18, 8:02 PM
    • 13,050 Posts
    • 46,602 Thanks
    savingwannabe
    • #8
    • 2nd Jan 18, 8:02 PM
    • #8
    • 2nd Jan 18, 8:02 PM
    Blimey, that is sooo organised and a real motivation to improve.
    Happiness Fund (Dec 1st 2017)
    Reminder: I HAVE EVERYTHING I COULD WANT so SAVE!!!!
    • BritOnABudget
    • By BritOnABudget 5th Jan 18, 3:09 PM
    • 45 Posts
    • 487 Thanks
    BritOnABudget
    • #9
    • 5th Jan 18, 3:09 PM
    • #9
    • 5th Jan 18, 3:09 PM
    I've made a meal plan for my lunches next week so I'm not tempted to buy anything and there's a bit of variety:

    Monday - Potato and egg salad (£1.50 but can have a go at making myself in the future)
    Tuesday - Jacket potato with cheese
    Wednesday - Tomato soup and bread
    Thursday - Ham, tomatoes, pickled onions (about £1.30 for ham)
    Friday - Pasta with salmon mayo

    So I should only need to spend about £3 for the week.

    After making my quiche tomorrow I'm also planning to go to Halfords and take advantage of the free winter car check.
    Last edited by BritOnABudget; 08-01-2018 at 12:36 PM. Reason: edited
    Current Savings: £3,148.96
    Make £2018 in 2018 - £24.32/£2018
    Save 7k in 2018 - £835.59/£7000
    • savingwannabe
    • By savingwannabe 5th Jan 18, 4:58 PM
    • 13,050 Posts
    • 46,602 Thanks
    savingwannabe
    Hi again that is v organised. Well done. I'm one of those that ends up throwing lots of food away as I don't use it. This meal planning malarkey has many advocates. I'm not disciplined enough for it.
    Happiness Fund (Dec 1st 2017)
    Reminder: I HAVE EVERYTHING I COULD WANT so SAVE!!!!
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