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How much can you save?

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  • ViHan
    ViHan Posts: 202 Forumite
    edited 22 December 2010 at 6:51PM
    Had some folding given for Christmas which will go into savings. Nothing either me or DH needs so it can be squirreled away. so that will be another £60 to our total :D

    He is off on tour again tomorrow coming back xmas eve then off again over new year to the IOW. While he is away I will be making use of the time getting some stuff ready to ebay.

    Hope everyone has a good Christmas

    XXX
  • Saving is a very critical issue in my life. I am earning a good Salary Package. But i am unable to Save money for future use. I want some suggestion about How to Save Money? I found this is a good place where i can get good information about how to save money...
  • tara747
    tara747 Posts: 10,238 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    edited 26 December 2010 at 11:45PM
    Just done a quick tally after payday... I am due refunds of several hundred pounds (online delivery delays which meant I had to rebuy gifts) so with that, I am looking at around £41,785. If that's correct, it means that I'm just short of £42,000!!! I'm a bit disappointed but also proud that I managed to save almost £12,000 in 2010. :)

    Happy Christmas everyone xo
    Get to 119lbs! 1/2/09: 135.6lbs 1/5/11: 145.8lbs 30/3/13 150lbs 22/2/14 137lbs 2/6/14 128lbs 29/8/14 124lbs 2/6/17 126lbs
    Save £180,000 by 31 Dec 2020! 2011: £54,342 * 2012: £62,200 * 2013: £74,127 * 2014: £84,839 * 2015: £95,207 * 2016: £109,122 * 2017: £121,733 * 2018: £136,565 * 2019: £161,957 * 2020: £197,685
    eBay sales - £4,559.89 Cashback - £2,309.73
  • TimBear
    TimBear Posts: 808 Forumite
    Pay day today and have just moved £287.05 into savings...random amount but this is I have worked out to be the absolute minimum I can save in any one month should I ever not earn commission etc. More to be moved over shortly, bringing my total savings to £1305.

    Very pleased with this after only just over two months saving!
  • After the payday, I've passed the £30000 mark now. Considering I just graduated in the summer and started a proper job in August, thats an achievement i think! I have been working very hard doing some extra shifts, so very pleased with that.
  • skaps
    skaps Posts: 2,255 Forumite
    Wow thats great newaccount. To have saved so much and to have only just graduated is amazing. What are you saving up for?
    MFW 2016 No 68 £1300/£8500 No new toiletries Cook sth different
  • Hey Guys :) ... Been a while!

    Well done to everyone who has managed to save!

    Savings Total: £23,350.00

    I had hoped to get £24,000 by the end of the year - which looks unlikely now but I *should* be able to get £23,500 which I am very happy with!

    Merry Christmas Everyone!
  • skaps wrote: »
    Wow thats great newaccount. To have saved so much and to have only just graduated is amazing. What are you saving up for?

    Thanks skaps. I have not decided on the reason but just saving for future. Will probably get a cheap second hand car next year, perhaps a house... not sure yet. For now, just saving!

    Yeah, I've only been working for the past 5 months. As a student, I did some odd jobs too.

    Happy to have passed the 30000 mark, not sure whats the next level I should set my aim as for next year!?
  • TimBear
    TimBear Posts: 808 Forumite
    Just transferred another £60.00 into my ISA, as I received this for Christmas which was a nice surprise!

    Another nice surprise...I will be coming into some money (around £3-5k) in the next year or two which I'm so shocked about! My mum told me that her sister (who recently inherited a ridiculous amount of money) is giving her nieces and nephews a gift in the next couple of years (slightly long story about why she's waiting that long - won't go into it!). My sister had been dying to tell me for ages, and I'm so chuffed! Can't count that as savings yet but when I get it that will all be going into the pot. Can't wait!
  • Hi

    I'm 23 and decided it was time to save for a house deposit. Although I probably will never buy one until I have someone to buy one with. I started saving this Jan 2010 and really have tried to save every penny although I have bought a new computer and fish tank :/ why??. I am kicking myself a bit aswell as I bought a 4 month old car 2 years ago and could have saved this money. Although the car is still very nice lol. I must have joined MSE 2 years ago but forgot about the site and have only just found it again so reading all the tips is very helpful.

    One thing I enjoy is my Xbox 360 and this year I’ve adopted the rule of not spending more than £10 on a game. This is because previous to this I was buying games at £40 a time and often not fully playing them only for them to quickly drop in price to £20 within a few months. It does mean I don’t have the latest games as they come out but there’s so many now at reasonable prices I don’t mind. I think I enjoy them more because I know they didn’t cost so much. I only play max 4 - 6 hours a week anyway.

    I think I need to improve managing my savings next year as I currently have all my money in premium bonds as it was the easiest thing to do.

    Thanks

    Jake
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