Savings Log of a 26yr old on low pay

ampersand

Sounds good, mw. Well done!

Are you thinking ahead for Mum and Dad's, and sister's Christmas this year?
I remember you were a bit pressurised and worried over it all last time.
I should think your body shape has toned really well with a year's fairly regular swimming too. Add that to the new confident tone we read here, plus that clear vision of an attainable goal...the feel-good endorphins and serotonin will be at an all-time high in your system.

Do you ever look back at some of your early posts? If ever you have a setback, go back there to see how far you've come. But, tough economic times notwithstanding, I think this is less and less likely for you these days, simply because it is true that nothing succeeds like success and you are having long, good habit-forming tastes of that.

Have you ever looked at the way Timpson's franchise their operations, or read about their business/employment ethos? I've started to notice their write-ups and wonder if it might appeal, give you some sense of autonomy, allow you to be Captain of your own ship.

Have a look here:
http://www.timpson.co.uk/about/30/careers-at-timpson

Continuing best wishes to you. You have a solid fan base here, you know:-)

MoneyWaster2007

Hi ampersand, I'm going to get the family's Xmas presents on Friday when I've been paid- shouldn't be too expensive; my mum needs some swimming goggles and my dad wants some cash towards a new jacket

I've not looked back at any earlier posts on this thread in a while as its getting pretty huge, although considering how far I've come does make me feel proud - thanks for complimenting me on this.

Just looked at the link you posted and must admit I'd not heard of Timpsons before. It does seem interesting and I'll have a proper look at it when I'm more awake. Tired out tonight...

MoneyWaster2007

Does anyone know where I might find a Sky wireless adapter other than from the Sky website, as they cost £21.95 on there? I'd like it to watch On Demand..

kelpie35

could try ebay or if you are on facebook there might be a selling site for your town.

hope this helps

ampersand

MoneyWaster2007 wrote: »

Does anyone know where I might find a Sky wireless adapter other than from the Sky website, as they cost £21.95 on there? I'd like it to watch On Demand..

###############
mw-
not being silly, I hope, if I suggest you put a specific post on the Techie thread and on the Wanna Thread.
There's so much help and advice there, if there IS a promo or offer code, one of them will know.
All still going well?
Don't forget to check Timpsons' career prospects out when you've a leisure pause.
[nothing like me being bossy:D]

I just googled 'Sky wireless adapter' and there are loads of hits there to research. I didn't, as I wouldn't know one if it hit me.

MoneyWaster2007

Hi, been on with overtime again so tired out (again)...will put a post in a different thread regarding the adapter and will try eBay too..

At this rate (with all the overtime) I will end the year £300 ahead of target so it's happy days!

Will check Timpsons again tomorrow

ampersand

Excellent! m/w.

Possibly '£300 ahead of target' - WOW! We'll all celebrate with you if that comes off.

nicolula87

Hi

I have read this entire thread today....sneakily in between appointments at work....ssshhhhhh! It has inspired me to start something similar for motivation, as although I am easily able to live within my means I really don't make my money go far enough, and seeing how far you have managed to come throughout the thread is amazing! It might only come over when you read the whole thing but it's so impressive how much the posts change throughout!

At points I couldn't stop reading because I had to see what happened next!

In reply to your house queries, as someone who has bought a house in the last few months the best advice I can give is:

A bigger deposit = better mortgage rates, although check bonuses etc. We put down a 20% deposit with a Halifax mortgage fixed for 2 years at 3.49%, mortgage fees were 495. We could have put down a 25% deposit which would have led to a fixed rate for 2 years of 3.39% BUT with £995 fees which over the 2 years would come out as more expensive.

In terms of buy to let - most people I know say that they don't make any money out of renting the house (normally they break even with extra costs etc) BUT the bonus comes when you sell it and you haven't paid the mortgage out of your own money (if that makes sense) so you just gain the sale money.

Anyway good luck for the continued saving, and I hope you get your deposit for a hosue together soon!

MoneyWaster2007

ampersand - thanks, should hit £6,300 by Xmas no worries barring any unforeseen financial crisis Still not had a proper look at Timpsons employment yet as quite knackered again this evening - will get round to it I promise.

nicolula87 - thanks for reading all of this thread and well done too (must have taken ages)

So are you saying that on a £100k property I'd be looking at needing a deposit of £20k plus in order to get the best rates? Well that is a good challenge, may take some time though. Did it take you long to save yours?

latecomer

To get the best rates you generally need between 25-40% deposit