How much can you save?

gien

bestpud wrote: »

Great thread! Can I join you please?





I will probably need to get a student account though and use the overdraft for the first year fees but would aim to pay it off before I graduate...

Also, do any of you use an iphone app to help keep you motivated/track your savings total?

I use 'piggybank' on my iphone. It lets you manage budgets, have several accounts and does little reports. I like the fact that my phone is always in my pocket so filing spending is very simple, particularly for cash.

bodmil

:T Hello and happy saving new people!

Sadly I'm to much of an MSE to have anything beyond bog standard PAYG! Wish I had fancy gadgets to budget on!

Opened a vantage account, big bonus is that there's a branch in my village so not as far to cycle. Hopefully the interest will help me catch up with tara.

My mother is so impressed with my savings spreadsheet that she's let me off 2 weeks rent, gosh home ownership is going to be such a shock!

leahciM

Thanks for the credit card advice guys - got a shock today checking my CC debt, my OH's dad took us to stay at a London Hilton a few weeks back and I put my card down as a guarantee and they've charge the room to me. (Which comes to around 30% more than my monthly savings for one night!!!)

Think I'm earning enough to be able to pay off significant amounts of CC and still save a decent amount a month - after all, the debt on the loan is under a grand so the interest isn't that that much, even if it is in %age terms. (Never get a Barclaycard people!)

Masomnia

tinkerbel wrote: »

well ive just finished all my uni finals so saving is being a bit pushed back while I spend some money celebrating!!

Congrats! I've just finished as well.

Hehe I've been spending a fair amount too, expecting a new laptop to arrive sometime soon! I do need one though, so I suppose it's ok.

Lots of pub visits and graduation in general is going to be expensive I reckon. Oh well.

partlydave

Hello, I havent posted in her for ages, probably 6 weeks or more.
I had a call yesterday from my friend who owed me some money and she's paying some of it back, so another £800 into the pot, I need to update it now:D

hostie1985

Hi everyone - I've changed my sig today, aiming for £20,000 for a deposit. Hopefully I will get there in a couple of months

Hostie

xx

save-a-lot

My other half is now back to work p/t, so beginning to feel a bit of benefit of that, she is now into the second month of work. In response to this, I am adding a further £125 to savings on a monthly basis, adding up to £375 / month. I bought a new car a couple of months ago, so now I am paying for that, otherwise I could have been saving £600 / month... but I love my car, so it is worth it to me. The other half has an aim to buy a nearly new family car in the New Year with her savings from the PT job... and also to contribute to savings for holidays this summer. Readjusting my goal for this year, I think I will be getting the savings balance to £16K from the current £12K balance by end-of-year, I do not think the goal of £20K will be achievable if I am realistic.

I need a another income... I am going to have a think about that

bodmil

I may have gone MSE mad! Went out drinking last night and woke up to find my laptop open on my budget spreadsheet with spending for the night already entered!

Lokolo

bodmil wrote: »

I may have gone MSE mad! Went out drinking last night and woke up to find my laptop open on my budget spreadsheet with spending for the night already entered!

L O L

Sadly, I do the same.

slowandsteady_2

Hi everyone,

havent posted for a while but have caught up with thread now.

This month would have been a great one for savings but my laptop died and we need a computer so £300 went on the cheapest one i could find, which is the same model as we just had die on us! Cant complain though the last one managed to survive nearly four years!
So basically, while so far we've put £498 into savings we have only increased them by £198, but its £198 more than what we had last month, and savings now stand at around £2680. I have also only left enough money in my account this week for groceries hence the odd £98 i put away, otherwise it gets spent, so im really proud of myself for that-im easily pleased!

My WTC goes in on Monday so i plan to keep back enough for groceries again and put the rest in savings, wont be much but every penny counts. I have a set amount a week for groceries that i split over the week so if i dont spend anything that day i transfer it to savings, if that makes sense? Wages go in on 26th, but im on sick leave still, but receive half pay so wont be much left to save but i'll still have a good go. Back to work at the end of the month so a proper salary in July should make a difference.

I will have my £5000 saved by December!