How much can you save?

Options
1319320322324325710

Comments

  • dippykitty
    dippykitty Posts: 1,138 Forumite
    Options
    Wanttosave wrote: »
    I am pleased this month - I have reached my first 10,000 pound saving goal!!

    Congrats! :D
    ISA savings: £25,139 Other Savings: £1750 (tied up in bond)
  • JimLad
    JimLad Posts: 950 Forumite
    First Post First Anniversary Combo Breaker Mortgage-free Glee!
    Options
    oh god im so tempted to buy a new car with my savings! Save me from this car >> CLicky
    Mortgage Free 22/03/17
    MissWillow is my OH!
  • Vixstar
    Vixstar Posts: 967 Forumite
    First Anniversary
    Options
    CWM unfortunately the specific account I want to opens requires those that don't already have an account to actually go in to open the account. There is a chance I will actually get around to it at the end of this week which'll coincide nicely with having filled my ISA.
    I did mean a fixed term account/bond thanks.
  • LucyTheDwarf
    LucyTheDwarf Posts: 880 Forumite
    Options
    Jimlad - don't do it! be strong! That's a massive chunk of your house deposit!
    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%
  • Castleman
    Castleman Posts: 365 Forumite
    First Anniversary Combo Breaker
    Options
    JimLad wrote: »
    oh god im so tempted to buy a new car with my savings! Save me from this car >> CLicky

    DO IT! I'm looking very hard at one of these bad boys... http://en.wikipedia.org/wiki/Nissan_350Z

    just for some short term fun!
  • save-a-lot
    save-a-lot Posts: 2,809 Forumite
    Combo Breaker First Post
    Options
    Castleman wrote: »
    DO IT! I'm looking very hard at one of these bad boys... http://en.wikipedia.org/wiki/Nissan_350Z

    just for some short term fun!

    I absolutely love the 350z, it is on my wish list too.. totally opposite from that which is also on my wish list is a Nissan Navara. You only live once, saving is good as long as one day you actually spend a bit and put a great big smile on your face :D
  • save-a-lot
    save-a-lot Posts: 2,809 Forumite
    Combo Breaker First Post
    Options
    Not been into this thread for a long time.. but here is an update.. I am up to £9300 in savings and I have just set up a 12 month arrangement at work to partake in their partnership shares scheme of £125/month (which is the max amount), aside from this I am saving about an extra £250/month into savings. Also, if pension is considered I opt to partake in the additional matched contributions scheme whereby I contribute 6% and the company contributes 6% (again the max), this is in addition to the 12% contribution I make as a default and 12% that the company contributes. So pension alone I am stashing away 36% for the cost of 18% from my salary.
  • LucyTheDwarf
    LucyTheDwarf Posts: 880 Forumite
    Options
    save-a-lot wrote: »
    Not been into this thread for a long time.. but here is an update.. I am up to £9300 in savings and I have just set up a 12 month arrangement at work to partake in their partnership shares scheme of £125/month (which is the max amount), aside from this I am saving about an extra £250/month into savings. Also, if pension is considered I opt to partake in the additional matched contributions scheme whereby I contribute 6% and the company contributes 6% (again the max), this is in addition to the 12% contribution I make as a default and 12% that the company contributes. So pension alone I am stashing away 36% for the cost of 18% from my salary.

    Lucky you! At my place employer pension contributions are at discretion of management - which means they probably don't like me as I don't get a penny.
    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%
  • saver9713
    saver9713 Posts: 17 Forumite
    Options
    Hi all, can I join? I'm trying to save as much as possible, maybe for a house deposit, maybe to fund extra study/ a career change later on (if I can figure out what to do) - anyone got any suggestions?!

    I'm not too optimistic about affording a house for quite some time so really it's just to create a nest egg. So far I have about £13,500 in an ISA, £1000 in PBs and £1200 in an instant access account. I hope to hit £20k by next year and usually try to save about £500 a month - quite a challenge on my wages! I'm at 78% of my target so far and will update on pay days. Good luck to everyone - what are you all saving for by the way?
    Member of the 'How Much Can You Save' Forum.
    Current target = £20k by 2010. Progress = 102%
  • tara747
    tara747 Posts: 10,238 Forumite
    Name Dropper First Anniversary First Post Combo Breaker
    Options
    I got paid today so my savings have passed the £25k mark! I'm on track for £30k by the end of the year, woohoo! :D It's been hard to be disciplined at times but it's so worth it! Now if I could just apply the same discipline to food...
    Get to 119lbs! 1/2/09: 135.6lbs 1/5/11: 145.8lbs 30/3/13 150lbs 22/2/14 137lbs 2/6/14 128lbs 29/8/14 124lbs 2/6/17 126lbs
    Save £180,000 by 31 Dec 2020! 2011: £54,342 * 2012: £62,200 * 2013: £74,127 * 2014: £84,839 * 2015: £95,207 * 2016: £109,122 * 2017: £121,733 * 2018: £136,565 * 2019: £161,957 * 2020: £197,685
    eBay sales - £4,559.89 Cashback - £2,309.73
Meet your Ambassadors

Categories

  • All Categories
  • 343.3K Banking & Borrowing
  • 250.1K Reduce Debt & Boost Income
  • 449.7K Spending & Discounts
  • 235.3K Work, Benefits & Business
  • 608.1K Mortgages, Homes & Bills
  • 173.1K Life & Family
  • 248K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards