How much can you save?

ljaneyr

LucyTheDwarf wrote: »

I didn't bother getting the A&L switching bonus, as I only wanted the account for a savings account, so I didn't use their switching service. I was happy enough with the £50 Quidco cashback and the 6% for a year, tbh.

I didn't think £100 from A&L would cover the hassle :P

I wasn't aware of all the options, I just thought Free £100! It might go OK then I'll just switch elsewhere, hopefully with the £100

Hopefulwife

Morning lovelies xx Hope every1 is well this glorious day (am a new gal on the block). Hope its ok to join in. see my sig for saving update. Have been doing really well on the saving front. This time last yr i was about to get married with £7k worth of debt!!!
I cleared all that and am now heading in the right direction. However small disaster struck.Hubby and I relocated to a very expensive area average rent for a 1bed in £750. am the only one working as he is full time student. we vowed to live below our means to keep saving 4 a house. so we rented a room in a shared hse - its been such a shock to the system after moving from a nice 1bed that we rented for £495. Hubby is finding it harder than I am and wants us to move into a place of our own. what do I do? am so confused - is there any1 out there that can relate please advice this new wife xx

Lokolo

I'm confused. Do you live in the expensive 1 bedroom or the shared house??

Also its usually a good idea to have an aim amount, as its very motivating when you get to a point, like 50%. Or for me it was £10k mark.

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Talking of me (:D) my Cash ISAs which were 4.2% fixed and 2.5% variable have now been moved into a 1 year 3.05% with Aldermore. Not a great rate but I plan to move them together in a years time. My Halifax 2 year will mature just before these 2 as well.

All in all, if I manage to fill up my ISA next year (which means I need to find an extra £1200 on top of my student loan) I will have £17,000 (which includes interest from the fixed ISAs above). Will be extremely happy if that happens. Just need to find that extra £1200!

I also want April to come along as I get paid and student loan, so £600 into Car Savings then, and £600 into Uni Savings.

Driving_Soon

Lokolo wrote: »

I'm confused. Do you live in the expensive 1 bedroom or the shared house??

Also its usually a good idea to have an aim amount, as its very motivating when you get to a point, like 50%. Or for me it was £10k mark.

---

Talking of me (:D) my Cash ISAs which were 4.2% fixed and 2.5% variable have now been moved into a 1 year 3.05% with Aldermore. Not a great rate but I plan to move them together in a years time. My Halifax 2 year will mature just before these 2 as well.

All in all, if I manage to fill up my ISA next year (which means I need to find an extra £1200 on top of my student loan) I will have £17,000 (which includes interest from the fixed ISAs above). Will be extremely happy if that happens. Just need to find that extra £1200!

I also want April to come along as I get paid and student loan, so £600 into Car Savings then, and £600 into Uni Savings.

Lolko, just being nosey! .... I understand what the car savings is for, but is the uni savings for while you are at Uni or after you finish?

Just being nosey :rotfl: ... Also any idea what car you wanna get and when? again just being nosey

Lokolo

Driving_Soon wrote: »

Lolko, just being nosey! .... I understand what the car savings is for, but is the uni savings for while you are at Uni or after you finish?

Just being nosey :rotfl: ... Also any idea what car you wanna get and when? again just being nosey

Uni savings is for living off. If I have enough spare at the end I will put it into my Uni Savings Goal, but primarily that was for student loan only.

Car? At the moment I want a mazda3 sport. But they're quite big so have been having second thoughts and maybe thinking just getting a newer fiesta, but Fords second hand dealer website is shocking and they only have cars with <5k miles (which then go for £10k+!).

partlydave

Hopefulwife wrote: »

Morning lovelies xx Hope every1 is well this glorious day (am a new gal on the block). Hope its ok to join in. see my sig for saving update. Have been doing really well on the saving front. This time last yr i was about to get married with £7k worth of debt!!!
I cleared all that and am now heading in the right direction. However small disaster struck.Hubby and I relocated to a very expensive area average rent for a 1bed in £750. am the only one working as he is full time student. we vowed to live below our means to keep saving 4 a house. so we rented a room in a shared hse - its been such a shock to the system after moving from a nice 1bed that we rented for £495. Hubby is finding it harder than I am and wants us to move into a place of our own. what do I do? am so confused - is there any1 out there that can relate please advice this new wife xx

Is it possible to rent a bigger house with another person/couple for up to £1k a month so you pay £500 and at least have half a house to share? I'm guessing if you've relocated this plan may not be possible

tara747

OH and I have seen a house that we like, it ticks a lot of boxes but seems overpriced imho. It's almost £190k and I wouldn't want to pay more than £175k (absolute maximum) for it. It is, however, the cheapest house of its kind in the area that we are looking at.

Pros:
4 bedroom end terrace (loft converted into fourth bedroom and could be perfect as an office)
Great area
Very large kitchen
Garden
Gas heating and cooker
Working fireplace
Garden with gates (off-street parking via back of house but I would rather have it as a garden lol)

Cons:
No driveway (on-street parking seems fine though)
Small bathroom
Two of the bedrooms are pretty small (could fit a double bed but not too much else so would stick with singles!)
Horrible carpets (would these be expensive to replace? I would be thinking wooden floor in the lounge, tiles in the hall and carpets upstairs)
HORRIBLE fireplace (are the nice black traditional ones expensive?)

I'm going to go back for a second viewing alone this week, as OH is too distracting!!! :rotfl:

Hopefulwife

Lokolo wrote: »

I'm confused. Do you live in the expensive 1 bedroom or the shared house??

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We live in a shared 4 bed house. Lokolo you are motivating me to try real hard as u are doing so well!! My target is 10k by the end of the year. It was £18k .....:eek:

Hopefulwife

partlydave wrote: »

Is it possible to rent a bigger house with another person/couple for up to £1k a month so you pay £500 and at least have half a house to share? I'm guessing if you've relocated this plan may not be possible

Yeah thats a good idea - havent made any friends yet though it would be nice sharing with some ppl u have known a bit dont u think

However i wont lose heart just yet am longing 2have a WHOLE HOUSE someday where i can cook for my hubby without some1 coming along asking me to scoot over a bit or saying 'what that ur cooking!!' Lol:rotfl:

Ur doing so well with ur goal

rictus123

Well i have about £1310...£700 of that cant be touched until November. How much is good for a soon to be 19 year old? Im hoping for at least £3,000 by the end of the year, £10,000 by the end of next year and £20,000 the year after.