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Savings Diary

Has anyone done one before? :confused:

Was wondering if it would be a good idea to help and encourage people to save.
MFWB
Mortgage when started: £232,000
Current mortgage Sept 2024: £232,000
Mortgage free day: Sept 2029

Saving: £12k 2025

Comments

  • Sillychuckie
    Sillychuckie Posts: 1,210 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    There is a thread somewhere asking 'how much have you saved?' where people tally up and keep absolute track of every saving they have made as a result of MSE.
    These include direct savings, cashback sites etc... I saw someone the other day mention 5k per year but thats no doubt more than average. It can't hurt to keep track of it all, and is a good idea.
    Something to show the kids perhaps, or just friends that laugh at you for being here. I have plenty of them... I can't get them to save money whatsoever. They won't even go near freebies.
  • $17mma
    $17mma Posts: 2,623 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    There is a thread somewhere asking 'how much have you saved?' where people tally up and keep absolute track of every saving they have made as a result of MSE.
    These include direct savings, cashback sites etc... I saw someone the other day mention 5k per year but thats no doubt more than average. It can't hurt to keep track of it all, and is a good idea.
    Something to show the kids perhaps, or just friends that laugh at you for being here. I have plenty of them... I can't get them to save money whatsoever. They won't even go near freebies.

    Hi silly chuckie :wave:

    I agree it is a good idea to keep track of how you are doing with savings and seeing it written down will help me to stay focused. I will do a search for the thread you mentioned.

    I too can not get friends to take on my new MSE habits, though I have converted my mum and sister. Though when they eventually see or realise how much I am saving and how much they can save no doubt they will be hounding me with questions!
    MFWB
    Mortgage when started: £232,000
    Current mortgage Sept 2024: £232,000
    Mortgage free day: Sept 2029

    Saving: £12k 2025
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