📨 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!

How much can you save?

1117118120122123710

Comments

  • McSaver
    McSaver Posts: 609 Forumite
    If i was saving to total amount of cash for the year for a target, In 2007 i would of been £2,000 over my target before adding any Interest. I try to deposit £500 a month every month (£6,000 a year) into savings. Most months I deposit a lot more. I transfered most of my Instant Access Savings into an 1 year fixed rate bond (starting new years eve) with Icesave at 6.7% since its very unlikely that interest rates are gonna be going up in the near future. Let the Olympic Challenge of 2008 begin. It is the olympics this year in china in August as well.
    Had £80,000 in Savings - All GONE!!! BYE BYE
    :A Single, 27, Aspie, Gooner :A
  • zag2me
    zag2me Posts: 695 Forumite
    Part of the Furniture Photogenic Combo Breaker
    Happy new year everyone, I hope 2008 is just as prosperous :)
    Save save save!!
  • So pleased with this month, i have been putting extra in to both my accounts. My target by april of this year was to save £1000 for decorating around the house and doing up the garden as well. So far i am going to save more than that, which i can then probably get some furniture for the garden :j. Going to the halifax today and ask them to change my isa to a different one as they have reduced my rate by 0.4% :mad:. So updated my signature for this year. Starting fresh with my piggy bank savings. Last year was only four months of savings which accounted to £30, so if a save the full year i could possibly get £100.
  • save-a-lot
    save-a-lot Posts: 2,809 Forumite
    1,000 Posts Combo Breaker
    Hi

    Over Xmas we had a new arrival, a little girl. So, savings for 2008 will probably go on hold for a while and I think I need to really think what a realistic target would be for this year. I do plan to ensure that ISA's are filled (from existing savings), I plan to max out both of our childrens CTF's, but other than that I am unsure as I need to do a fair bit of spending this year, such as some new pieces of furniture etc. I thought £5000 could be realistic target, but that is a total guess.
  • gelato_cat
    gelato_cat Posts: 2,970 Ambassador
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Ooooh, congratulations on your new baby girl! I hope she wasn't born on Christmas Day ;P I think that would be a moneysaving step too far ;P ;D

    Suze

    save-a-lot wrote: »
    Hi

    Over Xmas we had a new arrival, a little girl. So, savings for 2008 will probably go on hold for a while and I think I need to really think what a realistic target would be for this year. I do plan to ensure that ISA's are filled (from existing savings), I plan to max out both of our childrens CTF's, but other than that I am unsure as I need to do a fair bit of spending this year, such as some new pieces of furniture etc. I thought £5000 could be realistic target, but that is a total guess.
    I’m a Forum Ambassador and I support the Forum Team on the Savings & Investments, Small Biz MoneySaving and House Buying, Renting & Selling boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the Report button, or by e-mailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
  • paulboy83
    paulboy83 Posts: 255 Forumite
    :j Congratulations Save a Lot! :j
  • Woodyrocks
    Woodyrocks Posts: 1,913 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Aaaw - that is too cute. COngrats on the new arrival :)
    DEBT FREE AND LOVING LIFE
  • Lavendyr
    Lavendyr Posts: 2,610 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Congratulations! :D
  • save-a-lot wrote: »
    Hi

    Over Xmas we had a new arrival, a little girl.

    Congratulations! :beer: :beer:

    Oh ......maybe sleep would be more useful than beer but I couldn't find a tired smiley!!
    [
  • Rose_Crow
    Rose_Crow Posts: 400 Forumite
    Part of the Furniture Combo Breaker
    Congrats Save a Lot!

    I was just wondering whether anyone has started the Olympic challenge for 2008. If so, can you post the link (I've had a look around but can't find anything).
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
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.4K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K 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.