How much can you save?

sss555s

tinkerbel wrote: »

Hey everyone I would like to join! I've just subscribed and I am going to think of a target! I think I want to save about £1000 of my own money until my birthday (may) but I am not sure how easy this will be!
I have 6K at the moment (put some in today to make it a nice round number!) and I have £1000 from my mum, and about £1000 from my student loan I can put in (I have enough to live off for a term at the moment I think) and my bf owes me £350, so that should take me to approx £8400, Shall I set £9500 as my target? what do you think?
I want it to be realistic, but I want it to be a bit of a challenge!
Ps I am a student with no real income so all I can do is save instead of spend, and do the little extras etc, I should have about £150 coming in from holiday work though, and I am at my dooyoo cashout level...

Be a devil and go for 10k

You can probably see £9500 as a safe bet all going well but 10k more of a challenge :beer:

tinkerbel

aw lol bless thanks, perhaps I will aim for 10K! eeek!! I think it depends on how much I get for my loan, and how much all my bills come to etc..
I'm seeing £1000 from mum, £1100 ish from loan, £300 from boyf (which is mine anyway) so that means I need £1600 from thin air!! in 5 months!! I can probs get about £40 of interest from the bank in this time... so thats a start... screw it, im gonna go for it!

hostie1985

its so nice to see everyone setting goals for themselves. i would like to have 25K by this time next year - ive got some really expensive months coming up and trying to pay everything off before i start saving properly again. would really like to have 22k by my birthday (august), but see what happens

hopefully be able to update my sig later today as i am going down to the bank, should have hit the £15k mark...... maybe :eek:

hostie

xx

tinkerbel

well i moved the "loose change" into my savings so im £7.84 off the mark!! wooooo hoooooo

skaps

Changed my target to £6500 instead as that is how much i need to pay off the wedding plus have some spending money. Still not sure i'll achieve it but as close to this as possible would be nice.

hostie1985

Ive checked my bank accounts and have hit my £15k target! im still gong to carry on saving thou!

hostie

xx

rictus123

Well i think savings will be stuck at £700 until debt free. Is there a savings account(3%+) with a cashline card?

dippykitty

hostie1985 wrote: »

Ive checked my bank accounts and have hit my £15k target! im still gong to carry on saving thou!

hostie

xx

Well done!

Vixstar

Well done Hostie

hostie1985

thanx dippykitty and vixstar. im so chuffed with myself - didnt think i would get to £15k, i was originally aiming for £13k for the year. its just gone so quick. lol :rotfl: