How much can you save?

tinkerbel

wow guys! keep up the good work!

LucyTheDwarf

Lokolo wrote: »

Friend wanted money for charity run she is doing, although I haven't budgeted for it, it can just come out of my Getting Drunk Section.

You know a charity run has been a success, when the money spent getting plastered in celebration of the result exceeds the money raised.

partlydave

I switched to HSBC last year as they offered 8% on a regular savings account fixed for a year, so Ive been putting £250 in that each month, but that finishes at the end of April. I think that the best I'm going to get to start a new plan from May is 4.5%-5% at the moment. A switch to FD to get the £100 would help this pot I guess.

Rich1976

partlydave wrote: »

I switched to HSBC last year as they offered 8% on a regular savings account fixed for a year, so Ive been putting £250 in that each month, but that finishes at the end of April. I think that the best I'm going to get to start a new plan from May is 4.5%-5% at the moment. A switch to FD to get the £100 would help this pot I guess.

If you move your current account to first direct they will let you open a regular saver paying 5% gross for 12 months ( 4% net ) on monthly payments of upto £300 per month

KONG

alixia wrote: »

Congratulation on your saving!:T

I think that the key to the saving is to keep the cost of living and unnecessary spending to the minimum. When I think about what I have been buying last few years and didn’t need! :eek:When moving I had about 15 boxes of staff which I didn’t use and have been left just for storage.
I have started with selling these things (mostly books) and I have made over £300 on them! Then I sold all of clothes which didn’t fit or I was not wearing. Stopped buying too much food (currently trying not to spend over £15 per week) and stopped buying new clothes, shoes and bags. (I have enough for a few years). It is actually quite refreshing not have mountains of possessions!:A
Suddenly I am able save over £700 per month and hopefully will be able put down good deposit for my own place.:T

That's great!! Well done.

Me parents is selling the house and got alot of stuff they dont use anymore - I said I would help them sell the stuff they dont need anymore. And they said (for my time) i would get some of the money for all the truouble selling it on the internet.. I said I diden't want any money from them, but they stand their ground and said 10% of all the money we got from selling the stuff!!

So I need to start selling!!

dippykitty

£150 into the ISA today so I'm up to £4,550 now (£9,550 in total savings). Creeping towards having £5k in the ISA (£10k in total) but it's very slow going!

partlydave

Rich1976 wrote: »

If you move your current account to first direct they will let you open a regular saver paying 5% gross for 12 months ( 4% net ) on monthly payments of upto £300 per month

Thanks for that. I'm going to move to FD in May to get the £100 so I'll try the savings account as well. I'm in the process of transferring an ISA to them, but its taking a while

rictus123

Iv kick started my ISA with £300. Add this to the £700 i have in savings bond i have £1,000 in savings and iv just bought a new car+paid insurance:jSet up a savings goal aim for my Isa, £2.5k by the end of the year. So £2,200 to go....£250 a month really so this months been an overpayment of £50. Iv got good budgeting habits now im hoping to get good saving habits aswel. Cant wait until payrise this summer, money coming easy to me just now Depending on how much iv got come July i might even be going on holiday with my gf again...somewhere cheap and really hot and perfect for couples. Im thinking Tenerife? Anyway £1k in savings now, hope to double that by the end of May/middle of June.

hostie1985

Not really an update on the savings front, other than that i have booked a holiday (going in april) and have done 2 weeks of adhoc work :-) which should help on the savings front a little bit....

Rictus - Have you thought about Turkey? or Egypt?

Hostie

xx

alohahawaii

I've finally paid off my car so can save now!! savings have been stuck on the same amount forever so hopefully i'll hit 4 k now!!

i need a holiday!