How much can you save?

LucyTheDwarf

LooieENG wrote: »

I put £300 into a high risk stocks & shares ISA

I then just put the rest in my HSBC savings account (making sure I always have around 500-1000 in my debit account) but I only get like 10p interest a month from a few grand)

I'm not saving for anything in particular, but I need to find something better than my HSBC savings account, I just don't know what

Instant access savings accounts: http://www.moneysavingexpert.com/savings/savings-accounts-best-interest#easy

Personally, I've gone for the Santander account. I have about 20 different accounts, and I just can't be bothered to get one with the Post Office, but as I've already got an account with Santander (it was with A&L) it was simple to go for that one.

Batfink

What an excellent thread.
I've opened three regular savers to start the year :
£300 per month into FirstDirect @8%
£250 per month into Teachers BS @4% &
£200 per month into Saffron BS @4%.

I've also got a £100 per month direct debit into my Post Office saver @2.9% and £200 into the Barnsley @2.5% and, finally, a sweep on my current account to pop what's left at the end of the month into my esaver with FD - I'll use this to top up my cash ISA when we hit the new tax year.

I've nothing particular that I'm saving for, but would like to hit £20k added to my savings this year.

Good luck all,
x

guitarman001

Batfink wrote: »

What an excellent thread.
I've opened three regular savers to start the year :
£300 per month into FirstDirect @8%
£250 per month into Teachers BS @4% &
£200 per month into Saffron BS @4%.

I've also got a £100 per month direct debit into my Post Office saver @2.9% and £200 into the Barnsley @2.5% and, finally, a sweep on my current account to pop what's left at the end of the month into my esaver with FD - I'll use this to top up my cash ISA when we hit the new tax year.

I've nothing particular that I'm saving for, but would like to hit £20k added to my savings this year.

Good luck all,
x

Wow, you either earn a lot or are living at home! The FirstDirect 8% sounds good..... will check that out!

dippykitty

Payday today so I've transferred £350 into the ISA and just over £20 into the 'saving for s/e taxes fund' just to top that up a bit too. My birthday at the weekend so hopefully I'll get an extra £50 to pay in next week and that is intended for the ISA too.

snowqueen555

everyone sure does earn a lot on here

tara747

Hello all

Payday today, must do a savings update ASAP.

I've just updated my sig with my latest eBay totals, am so chuffed - it looks like I am going to have a good month! :j I'm well on course to hit (and maybe exceed) my target.

dippykitty wrote: »

Payday today so I've transferred £350 into the ISA and just over £20 into the 'saving for s/e taxes fund' just to top that up a bit too. My birthday at the weekend so hopefully I'll get an extra £50 to pay in next week and that is intended for the ISA too.

Happy birthday! :beer:

snowqueen555 wrote: »

everyone sure does earn a lot on here

Not everyone does, we are just making sacrifices to have some financial security in the future!

Absinthe_Fairy

Happy birthday dippykitty! :beer:

I've just got a job in London so I'm very excited! :j I should have no problem reaching my target, which is just as well since my contract's only for a year and I may well need my savings to live off in 2012!

kwan205

Payday tomorrow! I can save £1000 a month is it best to split my saving or putting it all in one account?

sarahgrace

I appreciate you post. I've been saving a lot. I think, you are right. We all should keep track of everything in a diary. I have a lot of excel files on my computer because I am always computing how much will i earn in a month and how much will I spend for my monthly bills and needs.

sarahgrace

split it up and make sure that you will not use the money saved in the other savings account.