How much can you save?

Lokolo

loopy_monster wrote: »

yea thats good.. i know its not playiing games i do a ' Mathematics of Graphics and Virtual Environments 'module and thats game programming. thats well nice of your grandparents. so what you saving for then? you taking a year out next year? mines just a 3 year course in my 2nd yr atm..

Yeh mines a 4 year course, but 3rd year is a placement. I am in second year at the moment.

I am saving for house deposit for when I am 25. Longtime away but hey I am a crazy MSE! Nevermind.

What degree is yours?

loopy_monster

mathematics(geeky i know)- manchester. its ace!! yea maybe i would like a house.. i live with my boyfriend(and have for past few years) so would like in long term to get one with him i gues. he's not into saving although he's on exactly twice the ammount of wage as i am per week.however his family are better of(no mortgage etc) so who knows.i've saved 900 since july plus ive been away in that time and paid for a driving test etc. so who knows maye one day ill be able to afford a house too! i have 5.5 years till i'm 25!

Lokolo

loopy_monster wrote: »

mathematics(geeky i know)- manchester. its ace!! yea maybe i would like a house.. i live with my boyfriend(and have for past few years) so would like in long term to get one with him i gues. he's not into saving although he's on exactly twice the ammount of wage as i am per week.however his family are better of(no mortgage etc) so who knows.i've saved 900 since july plus ive been away in that time and paid for a driving test etc. so who knows maye one day ill be able to afford a house too! i have 5.5 years till i'm 25!

Well I'm 20 so I have 5 years. I aim to save £15k by graduation (22) then the next 3 years I aim to save £15k each year, totally £60k. So thats my longterm aim, £60k by 25. That would be a nice house deposit. My gf doesn't save anything, shes spending £300 a month on train tickets going into London and doesn't get a student loan because shes doin Art Foundation. Should be ok next year when she starts doing an actual degree.

elbe

LucyTheDwarf wrote: »

You want to start getting tough on your house mates. Threaten them with court action if they don't pay up in full within 7 days, and say you'll charge interest!

I just had a thought... KaupthING Edge (:p) is starting to look attractive again... 4.55% AER anyone? I didn't close my account... and I'm quite tempted to bung £100 in there (it's only in HSBC Online Bonus Saver atm, with a stupid rate of 2.25%... I should move it at the beginning of next month as I don't think I'm going to need it now).

I want the good old days back

I left my KE open too and put back in a couple of weeks ago. I checked by phone with them a few days ago and they are adamant the rate is 4.55 and the accounts are still running smoothly. ING don't seem to want to take us on and I'm loathe to tie anymore money into 6 mth fixed rates as they're plummeting daily. I'm putting a few more thousand back in and monitoring it.

flutter_2

Hey,

Reading your posts Lokolo and Loopy about what you're doing at uni has got me thinking - do we think doing degrees which involve maths invoke more desire to save...? My undergrad degree was in Aero Engineering and now my PhD research is with the same department - lots of maths. hmmmm....?

Anyway just found out today my husbands xmas bonus is 2.5k - yay! - although taxable - boo! More that we can put into savings :0)

Also, I only have 6 months till I am 25 - oh dear...

benood

flutter wrote: »

Anyway just found out today my husbands xmas bonus is 2.5k - yay! - although taxable - boo! More that we can put into savings :0)
...

If he puts it in a pension it won't be taxable....

jenjade

hi all this looks like a thread for me!

i became debt free in Sept and have begun saving!

My aim is to save £5k neat year! i save £25 from my wages a week and i have been making £10 a day so i aim to save all the £10 a day money to reach 5K!

Lokolo

Thats good!

Woo my boss from before uni etc.etc. basically asked me to work over xmas because other people don't turn up. He also said he doesn't want to work boxing day at football so hes leaving us all incharge and to split the comission equally woooo, so thats an extra £10. Pretty much work from 12-4, get paid £30, I'll be happy with that!

JimLad

Lokolo wrote: »

Pretty much work from 12-4, get paid £30, I'll be happy with that!

I wouldnt be! its boxing day you should get at least double time surley??

Lokolo

JimLad wrote: »

I wouldnt be! its boxing day you should get at least double time surley??

We sell programmes... hardly work

We stand there, reading the programme, chatting to our mates and football players :cool:

Also £7.50 an hour isn't too bad!