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How much can you save?

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  • McSaver
    McSaver Posts: 609 Forumite
    dazcouz wrote: »
    Thanks for the warm welcome. I saved up £7,000 last year and it would of been £12,000 if it weren't for my gambling addiction! Luckily, I have learnt the value of money and will never be such an idiot again. I also enter loads of online competitions and usually sell the prizes that I win on eBay to get a bit more money.:D So I think if I manage to save £12,000 this year, I'll be very pleased.:T
    I have given away a good few thousand myself through Gambling addiction so your not the only 1. Stay away it will only make you feel sick and you always lose.
    Had £80,000 in Savings - All GONE!!! BYE BYE
    :A Single, 27, Aspie, Gooner :A
  • JimLad
    JimLad Posts: 950 Forumite
    Part of the Furniture 500 Posts Combo Breaker Mortgage-free Glee!
    McSaver wrote: »
    I have given away a good few thousand myself through Gambling addiction so your not the only 1. Stay away it will only make you feel sick and you always lose.

    Not always, if you go through quidco, some gambling sites pay more cashback than you have to deposit! Mecca Bingo pays £30 for a £10 deposit and play. Risk free gambling as long as you dont deposit more!
    Mortgage Free 22/03/17
    MissWillow is my OH!
  • dazcouz
    dazcouz Posts: 2,531 Forumite
    Part of the Furniture Combo Breaker
    McSaver wrote: »
    I have given away a good few thousand myself through Gambling addiction so your not the only 1. Stay away it will only make you feel sick and you always lose.

    Yes, all that money I lost has teached me a very valuable lesson about the value of money and I would be a fool if I turned to gambling again. Also I have told my family that I lost money through gambling too, so they are there to stop me as well
    Competion Wins 2008 - £1700 - 2009 £5300
    2010- £680
  • Saver-Rob
    Saver-Rob Posts: 570 Forumite
    Mortgage-free Glee!
    JimLad wrote: »
    Not always, if you go through quidco, some gambling sites pay more cashback than you have to deposit! Mecca Bingo pays £30 for a £10 deposit and play. Risk free gambling as long as you dont deposit more!

    Its like recommending recovering alcoholics only drink when they can get freebies or drinks bought for them!
  • anna42hmr
    anna42hmr Posts: 2,897 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    been on this site for a while but only just found this post lol!

    i am 26 and live at home (cant get a mortgage on my own lol and rentings dead money, plus living with the olds is cheap lol!)

    anyway so far i have £9500 in savings, not bad as i only earn 17k a year pre tax, i am hoping to save a minimum of another £3600 by this time next year, (average of £300 per month)

    would have had just under 18k in the bank right now, but spent around 8K travelling in 2007 (australia, bali, new york, orlando and canada) ! but its something i would never do again and glad i had the experience, but now its time to buckle down and tighten up my belt
    MFW#105 - 2015 Overpaid £8095 / 2016 Overpaid £6983.24 / 2017 Overpaid £3583.12 / 2018 Overpaid £2583.12 / 2019 Overpaid £2583.12 / 2020 Overpaid £2583.12/ 2021 overpaid £1506.82 /2022 Overpaid £2975.28 / 2023 Overpaid £2677.30 / 2024 Overpaid £2173.61 Total OP since mortgage started in 2015 = £37,286.86 2025 MFW target £1700, payments to date at April 2025 - £1712.07..
  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    Indeed live whilst you're young! Unfortunately I am not really one for wanting to go travelling or whatever, I will quite happily have a nice holiday once a year, watch a hell lot of tv and eat pizza everyday if I could!!

    Mum paid me money today which will go through next Wednesday which I wasn't expecting, a nice little present as I spent money buying shoes and hotel for me so wasn't expecting money back but meh! She gets annnoyed when I say no to it.
  • anna42hmr
    anna42hmr Posts: 2,897 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    thats nice of her,

    travelling was something i always wanted to do and knew once i had a mortgage etc could not do it, so did it whilst i had the chance

    only problem is now, cant get a mortgage for any where near what i need for a house around here (as they are circ 120K+) on my own, which is typical, house prices down and mortgage lenders are being more choosey lol! so mum and dad are stuck with me lol
    MFW#105 - 2015 Overpaid £8095 / 2016 Overpaid £6983.24 / 2017 Overpaid £3583.12 / 2018 Overpaid £2583.12 / 2019 Overpaid £2583.12 / 2020 Overpaid £2583.12/ 2021 overpaid £1506.82 /2022 Overpaid £2975.28 / 2023 Overpaid £2677.30 / 2024 Overpaid £2173.61 Total OP since mortgage started in 2015 = £37,286.86 2025 MFW target £1700, payments to date at April 2025 - £1712.07..
  • dippykitty
    dippykitty Posts: 1,138 Forumite
    anna42hmr wrote: »
    been on this site for a while but only just found this post lol!

    i am 26 and live at home (cant get a mortgage on my own lol and rentings dead money, plus living with the olds is cheap lol!)

    anyway so far i have £9500 in savings, not bad as i only earn 17k a year pre tax, i am hoping to save a minimum of another £3600 by this time next year, (average of £300 per month)

    would have had just under 18k in the bank right now, but spent around 8K travelling in 2007 (australia, bali, new york, orlando and canada) ! but its something i would never do again and glad i had the experience, but now its time to buckle down and tighten up my belt

    Welcome to the thread! :D I think you were right to go travelling before you've got too many other responsibilities and those savings are pretty impressive considering how much you had to spend on the travelling!
    ISA savings: £25,139 Other Savings: £1750 (tied up in bond)
  • anna42hmr
    anna42hmr Posts: 2,897 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    dippykitty wrote: »
    Welcome to the thread! :D I think you were right to go travelling before you've got too many other responsibilities and those savings are pretty impressive considering how much you had to spend on the travelling!

    thanks for the welcome dippykitty, i appreciate it,
    MFW#105 - 2015 Overpaid £8095 / 2016 Overpaid £6983.24 / 2017 Overpaid £3583.12 / 2018 Overpaid £2583.12 / 2019 Overpaid £2583.12 / 2020 Overpaid £2583.12/ 2021 overpaid £1506.82 /2022 Overpaid £2975.28 / 2023 Overpaid £2677.30 / 2024 Overpaid £2173.61 Total OP since mortgage started in 2015 = £37,286.86 2025 MFW target £1700, payments to date at April 2025 - £1712.07..
  • I think I managed to save about £800 in December... Don't really know yet, as I still have transactions that aren't showing on statements yet for the last few days! Nicely boosted by Christmas and Birthday money. And I earned my largest wage ever (over half more than normal), due to untaken holiday pay, and getting sick pay deductions paid back.

    I'm desperate for the missing transactions to start showing so I can work out my December net worth. I know I've definitely hit my target of having 10K in savings, but then I have a fair bit on a credit card now too :P
    Target Cash Net Worth: £25K by January 2012
    Progress
    May-08
    19.0%; May-09 40.0%; May-10 63.0%; May-11 58.4%; Jun-11 58.5%; Jul-11 58.9%; Aug-11 58.7%; Sep-11 59.0%
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