How much can you save?

tinkerbel

wow people seem to be doing really well I'm not too sure about sealed pots, I think that they are brill and work really well for some people but I just never seem to have psare money in cash form because I like to keep my money in the bank (as soon as its out it gets spent!)

I'm struggling a lot at the moment because I've upgraded my account to a vantage account but that is my usual current account anyway so I 'm finding it hard to know how much I've got/increasing my savings by. I used to (pre-vantage) move anything I felt was extra/say if I got an extra £20 from something I would just move that straight over to a seperate savings account and I would send across my money to save and only leave enough in the Current account to last my budget..

I think I need a new current acount/to use my natwest account but its got a bit complicated. I've got a lloyds 1.6% thing which I've put any overspill from my £7000 into and I think it could be somewhere better but I'm not sure. I also have the regular 5% one but you can't really put too much in it I don't think

I think I'm due a payrise in Jan so perhaps then I can rejig my accounts, be allowed a third vantage and really think about where to put my money to make it work the hardest!

I'm tempted by the 1st home saver by santander... is this still a good offer do you think?
I'm not too sure about the mortgage interview...!?

tara747

dooleysdollymix88 wrote: »

Thank you Tara747!:beer:
Your sig is very impressive! I hope I can be so good!:cool:

Opening my sealed pot on wedsday...Very excited have no idea how much is in there! Fingers crossed for ALOT!:rotfl:
AND I have been in the plus side of my bank account for ages now :A going to try very hard to make that last over xmas and will then look at uping my savings amounts each month! :T

Good for you! How exciting, opening your sealed pot. Can't wait to hear how much is in it

tinkerbel wrote: »

wow people seem to be doing really well I'm not too sure about sealed pots, I think that they are brill and work really well for some people but I just never seem to have psare money in cash form because I like to keep my money in the bank (as soon as its out it gets spent!)

I'm struggling a lot at the moment because I've upgraded my account to a vantage account but that is my usual current account anyway so I 'm finding it hard to know how much I've got/increasing my savings by. I used to (pre-vantage) move anything I felt was extra/say if I got an extra £20 from something I would just move that straight over to a seperate savings account and I would send across my money to save and only leave enough in the Current account to last my budget..

I think I need a new current acount/to use my natwest account but its got a bit complicated. I've got a lloyds 1.6% thing which I've put any overspill from my £7000 into and I think it could be somewhere better but I'm not sure. I also have the regular 5% one but you can't really put too much in it I don't think

I think I'm due a payrise in Jan so perhaps then I can rejig my accounts, be allowed a third vantage and really think about where to put my money to make it work the hardest!

I'm tempted by the 1st home saver by santander... is this still a good offer do you think?
I'm not too sure about the mortgage interview...!?

Do try to use the Vantage as a savings a/c, I do this and use a separate current a/c for everyday stuff.

I also have a 1st home saver, it pays pretty good interest. I started it with the max £5,000 and pay £300 a month into it. I don't mine about the interview tbh, will do it when the time comes.

I'll do a payday update on Monday, I was too lazy yesterday!

FlareStar

dooleysdollymix88 wrote: »

Doesnt look like this thread has been touched for a while! But Id really like to join in if others do too!
I started a sealed pot after my mum bought one for my birthday this year. And ive mainly been putting notes and £2 coins into it and uping it by selling unwanted items through ebay and car boots.
I also save £20 a month but after reading some of this thread i feel ive caught the bug and want to up that after christmas. However I also put £20 into my sons too.
I really want to save for a deposit for a house.
Im going to aim for £6000 :eek: in one year starting from now!!!
Will have to check into this site alot more often for handy tips, freebies etc! :T

welcome dooleysdollymix88!!!:beer:

i have a sealed pot to and love it...if i have spare change i put in the pot instead of spending it on chocos/sweets/ mags/ random unnecessary things!!! you'd be suprised how much this small amounts adds up to !!!:cool:

it was a news years resolution for this year to save and stop buying rubbish hence the sealed pot challenge! started 01/01/10 and will open 31/12/10 ...(hopefully wont need to open before this date as i have budgeted for xmas pressies....fingers crossed ;))

good luck will the £6000 target ...which you will archieve....with all the help from everyone on the this board!!

continue the good work guys!!:T

Money_Saving_Monkey_2

I've managed to save £237 this month. I'm expecting a couple of hundred pounds worth of ISA interest next week and I should have more spare cash to save in the new year, so I'm going to try and see if I can have £17,000 saved by the end of February!

dooleysdollymix88 wrote: »

Im going to aim for £6000 :eek: in one year starting from now!!!

Good luck dooleysdollymix88!

The_Pixi

Hi Savers,

Well done to everyone and good luck to those joining! :T

It was my birthday at the beginning of this month and Xmas shopping on Saturday just took a dent out of this months wages.

Had hoped to be at £1000 for the emergency fund by Christmas. I think now is the first time the recession has hit me, I'm saving just as much, getting paid the same (even got a raise in April) but somehow I always run out of cash by the end of the month now

I'm also starting to get itchy saver fingers, because of how some accounts are 13mths not 12! my investments and ISA expire end of April and end of May respectively. This means my annual review is a month later in 2011 and I want to start new products and get them locked in for the next year:)

bambi1984

thought i would join this page!! ive just grown up when it comes to money spent 20 pounds in 2 weeks good hey?? im 26 ive just opened one of them 2.9 post office savings account im very tempted to get a nice car end of netx year my aim is say 6k in a year i am debt free in jan my 12k loan paid off. currently only just started saving 25 oct got 660 be transfering another 500 next month. I need 6k by say next september wish me look

tking

Hi all,

Haven't been on for a while - everyone seems to be going well though!

My 2010 update is that I have $6,500 in cash savings (as well as about $1000 in my 'bills' pot). Was hoping for about $17,000 BUT had to buy a new car in July after my old one died a dramatic death. Glad I was able to do so now I'm debt free and I love my new car. Worth the spend but has dented the savings.

Looking to save $30,000 by the end of 2011.

Good luck to you all.

ljaneyr

Hello guys!

I seem to be so muddled by the snow that I thought payday was tomorrow! Lovely surprise to see my bank balance!
Unfortunately I have missed all overtime this week - snow days on my non-contract days suck! If it snows on a wed, thur, fri I get paid anyway but on mon or tue I don't Trying to balance it with the fact that I have used no petrol and spent no money for a few days but I am still short by a lot!

Anyway, didn't update last month: I had a mammoth pay check with some back pay and loads of overtime so was able to add £500 to my savings and put £150 away for car tax, mot and insurance etc. This is the most I've been able to save this year so very happy!

Haven't done badly this month either, I have £400 left over after I have budgeted for all the usual stuff but have only put £83.33 (saving OCD - bringing the total to £2800!) into my savings. The rest should cover the christmas shopping, partying and my iron maiden ticket

Hope everyone else has a good month!

Lx

de1amo

i saved 953 for the month bringing my total to 27953--i am balancing 5k of debt on interest free terms that will be paid off in June 2011 but my savings are earning well now so the stooze is on!-i have gold in my savings total which is doing very nicely!-i am not doing xmas because of where i live and there are no bills in the pipeline til after July 2011 so fingers crossed nothing crops up!

dooleysdollymix88

Well my sealed pot total is £852.70!!! Very pleased!
It would have been £912.70 if OH hadnt 'borrowed' £60! :mad:

Start my sealed pot again tomorrow and trying to keep costs down on xmas...doing well so far. However got to travel from cornwall to blackpool so the journey alone will put a drain on my wallet

Well done everyone:T