We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

what is a rational percentage to save

1235»

Comments

  • Lokolo
    Lokolo Posts: 20,861
    Part of the Furniture 10,000 Posts
    Forumite
    Anything can become an obsession or addiction. Saving is no exception.

    I freely admit I have an addictive personality. I skirted very close to an alcoholic for a short period in my early teens (kicked by mid, fortunately), I still smoke (that's the next one!), and I love to save money. It gives me a kick. An adrenaline rush. A sense of achievement and accomplishment. It's also easy to 'keep score', and try to beat it every month. Even if just by 1p.

    Hang on a minute..... :p:D;)
  • LeeSouthEast
    LeeSouthEast Posts: 3,822
    Part of the Furniture Combo Breaker Debt-free and Proud!
    Forumite
    Yeah yeah yeah :p
    Starting Debt: ~£20,000 01/01/2009. DFD: 20/11/2009 :j
    Do something amazing. GIVE BLOOD.
  • Exocet wrote: »
    Strictly speaking a third is 33%.


    Strictly, strictly speaking, a third is 33 and a third %. ;)

    Well, you started it !
  • de1amo
    de1amo Posts: 3,401
    1,000 Posts Combo Breaker
    Forumite
    depends if you include your pension in the third(33pc ) or not!!--well done Lee for savings towards a life change like becoming mobile--my saving is irrational because there is no real target!
    i quite agree that i have wasted too much of my life and need to start living! as i said i cant do sport now like i used to but i stopped too early in life--at 31 and regret that and miss it sorely--i got married then and started thinking about plans of financial security!--life became too serious and i lost my soir de vivre-so please seize life!---a reaccuring thread in my calculations seems that i presume all money will stop coming in when i am 65--and how will i pay the mortgage off!!--the way i am stressing i wont reach that age lol---its illogical because i am in minus numbers on ltv!(2 homes)--still wont stop me saving but from this thread i have gained insight into myself and am stepping out of my zone and getting a gym membership today for the whole family--i will do it with joy and terms over 12 months with a heavily reduced rate!!--that makes me feel good!
    mfw'11 No68- 55k mortgage İO--little to nothing saved! i must do better.
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 355.8K Banking & Borrowing
  • 254.9K Reduce Debt & Boost Income
  • 456.1K Spending & Discounts
  • 248.3K Work, Benefits & Business
  • 605.9K Mortgages, Homes & Bills
  • 179K Life & Family
  • 263.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.