How much can you save?

gien

Can I join in with you here please? We're looking to buy a house within the next year or so and I want a nice 'cushion' to cover moving costs, renovations etc.
As a family we have a big income but also big outgoings so we are fine but I am really trying to pull up my socks and save some money (I buy most of the food, clothes etc).

Ideally I want to get to 10k by the end of the year and at the moment we have about 4,900 (will get exact figure later). I'm thinking of doing some ebay/selling off old junk to help add a little extra cash to the pot.

Mags_cat

gien wrote: »

Can I join in with you here please? We're looking to buy a house within the next year or so and I want a nice 'cushion' to cover moving costs, renovations etc.
As a family we have a big income but also big outgoings so we are fine but I am really trying to pull up my socks and save some money (I buy most of the food, clothes etc).

Ideally I want to get to 10k by the end of the year and at the moment we have about 4,900 (will get exact figure later). I'm thinking of doing some ebay/selling off old junk to help add a little extra cash to the pot.

Hello gien

I've just joined, too and everyone's very friendly. I'm looking forward to the extra motivation!

ljaneyr

Mags_cat wrote: »

Hello gien

I've just joined, too and everyone's very friendly. I'm looking forward to the extra motivation!

The motivation is good! gien you just reminded me to add 'ebay stuff' to my to do list this weekend:T I knew there was something I'd forgotten!

Sylvia1982

So happy for payday,
just put £600 in cash ISA, £500 in regular saver.
I am soo dreading my car insurance, which is due end of this month. Currently my car has an engine fault, will find out on Monday on what it is. Fingers x

hostie1985

Well done on the total Sylvia!

Hope the car doesn't end up being expensive!

Hi to all the new guys who have decided to save for a deposit!

Hostie

xx

dippykitty

gien wrote: »

Can I join in with you here please? We're looking to buy a house within the next year or so and I want a nice 'cushion' to cover moving costs, renovations etc.
As a family we have a big income but also big outgoings so we are fine but I am really trying to pull up my socks and save some money (I buy most of the food, clothes etc).

Ideally I want to get to 10k by the end of the year and at the moment we have about 4,900 (will get exact figure later). I'm thinking of doing some ebay/selling off old junk to help add a little extra cash to the pot.

Welcome to the thread!

Sylvia1982 wrote: »

So happy for payday,
just put £600 in cash ISA, £500 in regular saver.
I am soo dreading my car insurance, which is due end of this month. Currently my car has an engine fault, will find out on Monday on what it is. Fingers x

That's an impressive amount to add to the pot! Fingers crossed that the car trouble isn't too expensive to fix.

minidannii

Hi i haven't been here in ages, hope everyone is saving well

well just to let you know i was worrying a few months ago about my car insurance since i was reversing and hit another car.

Last year it was £595

You know how companys send a renewal price - it was quoted £1004

so i went on the insurance compare site and got the cheapest quote £555, so i phoned up they asked which company i was with before and told me it is actually a joint company so they would transfer me to my insurance company and price match - so got it for £555 really happy

Now i can save now

MONEYME

I'm thinking of moving my ISA into a fixed rate one for a couple of years. I have just over £19.5k but I'm worried about the possibility of rates increasing and losing out. I've read that target/forecast rates at the end of 2011 is 3%.

Have any of you got similar concerns? What are you doing?

tara747

MONEYME wrote: »

I'm thinking of moving my ISA into a fixed rate one for a couple of years. I have just over £19.5k but I'm worried about the possibility of rates increasing and losing out. I've read that target/forecast rates at the end of 2011 is 3%.

Have any of you got similar concerns? What are you doing?

I wouldn't fix for 2 years, IRs are going up and soon imho. I've got the A&L 3.2% ISA for this year's money and will transfer previous ISA money into Halifax 2.6% ISA as soon as my current 3% Halifax ISA runs out in a month. I will not be tying my money up!!! HTH.

What 2-year fixed rate have you been offered?

ljaneyr

minidannii wrote: »

Hi i haven't been here in ages, hope everyone is saving well

well just to let you know i was worrying a few months ago about my car insurance since i was reversing and hit another car.

Last year it was £595

You know how companys send a renewal price - it was quoted £1004

so i went on the insurance compare site and got the cheapest quote £555, so i phoned up they asked which company i was with before and told me it is actually a joint company so they would transfer me to my insurance company and price match - so got it for £555 really happy

Now i can save now

I did the same thing about 3 years ago and it still doesn't really effect (affect?) my insurance much, although I am looking forward to not having to mention it on the form each year:o