How much can you save?

Saver-Rob

Payday today! Just updated my signature with mine & *our* new savings totals. Feels good to have this amount and this year could well be the year for spending it on bricks and mortar. God knows if and when I will ever have this much stashed away again!

Well done all!

dippykitty

My savings are very modest compared to some of you! I'll be paying in some of my Christmas money and my loose change, which I think will amount to a grand total of £31. Luckily I'll be getting some more money later this month as belated Christmas gifts from extended family we didn't see at Christmas because of illness, and my birthday. By the time I pay it all in, hopefully I'll have around £80-100 to kickstart my 2009 savings. It sounds like small fry compared to what some of you are paying in though!

Masomnia

Welcome to the forum, dippykitty Even a journey of a thousand miles begins with a single step!

save-a-lot

dippykitty wrote: »

My savings are very modest compared to some of you! I'll be paying in some of my Christmas money and my loose change, which I think will amount to a grand total of £31. Luckily I'll be getting some more money later this month as belated Christmas gifts from extended family we didn't see at Christmas because of illness, and my birthday. By the time I pay it all in, hopefully I'll have around £80-100 to kickstart my 2009 savings. It sounds like small fry compared to what some of you are paying in though!

:wave: welcome to the forum, keep with this thread in '09, it is very motivational... just aim at saving what you can, it does soon mount up.

Perrycomover

Hi dippykitty, would just like to congratulate you on your determination and say that it's not how much you see others have got it's making the most of what you have that counts. My inspiration from Martin Lewis and others over the last twenty years (slowly but surely) has resulted in me having two properties mortgage free and over £100,000 in savings/investments. The total isn't important as long as you are heading in the right direction and not just drifting in and out of debt.

Masomnia

Haha Perrycomover, love the username! And congratulations on the savings pot

Tony_R

Happy New Year everyone. Well my transfers will take place tomorrow (with today being a bank holiday).

But £250 will go in to my Alliance & Leicester regular saver (at 12%). This is the final payment and next month I'll get my savings back.

£500 will go into my Halifax regular saver (which I started last month, so the second payment).

£50 will go into a buy as you earn share saving scheme.

So thats £800 saved in month 1, if I have anything left at the end of the month I will save that. But I doubt it very much as I have £200 to pay off my credit card (to clear, which I do each month).

beingjdc

1st January 2009, I have closed my annual accounts and am £9,410 better off than on 1st January 2008. Fairly happy with that. It takes me to just over £32k in total.

My target was £50k for a house deposit by the end of 2010, but I may buy towards the end of this year or start of next, if the crash continues at the current pace as well as interest rates plummeting.

Lokolo

Thats good.

I am just doing this year and a run. Its silly really, I am not really into a particular routine, I am at univeristy for half the year and working half the year for 2009 and so I don't know when or how much I am getting paid for most of the year. Meh. I have estimated though, and its practice for later on in life

briona

Lokolo wrote: »

Thats good.

I am just doing this year and a run. Its silly really, I am not really into a particular routine, I am at univeristy for half the year and working half the year for 2009 and so I don't know when or how much I am getting paid for most of the year. Meh. I have estimated though, and its practice for later on in life

Being freelance/contract I have no set income either, so it's all a bit "save like crazy when I'm earning, and er... spend some of the savings when I'm not!" :rolleyes:

That said, my agency emailed me my payslip two days ago and they have paid me almost £250 MORE than I was expecting so that will boost my savings a little!