How much can you save?

sanjaysharma

I save £1k each month to buy and apartment to live. I feel it is very much difficult for me to save such little amount after my all monthly expenditures. I have to pay rent of my rooms, electricity bills, insurance, and many more expenses like this.

tara747

Late March update!!

March was very expensive for me (for several reasons), so I'm declaring -£238 for the month, which makes my year to date total £248 and my overall total £85,087.

I've been stuck around £85,000 for several months now, and feeling a bit despondent as I've had so many expenses lately. I sometimes wonder if I'll even make it to £90,000 by the end of the year! But let's be positive

Also, I've seen a house that I love (and could comfortably afford), but it's close to being sale agreed

tinkerbel

you can do it tara! just try to break the 86k mark and then I'm sure you will be away! you need to enjoy some spends though and I hope the expenses you are having are fun related?!

tara747

My April update!

I saved £904 in April, which brings my year to date total to £1,152 and my overall total to £85,991. I'm going soooo slowly this year, but I'm hoping for more progress in the next few months!

Well done everyone, keep up the good work

tinkerbel wrote: »

you can do it tara! just try to break the 86k mark and then I'm sure you will be away! you need to enjoy some spends though and I hope the expenses you are having are fun related?!

Thanks so much, tinkerbel! I'm soooo close to £86K, only £9 under :rotfl: Yes, I do have fun too, hence not saving much since the start of this year but I save as much as I can too. It's all about balance!

How are you getting on?

guitarman001

Well done!!
My last post (Nov 2014) I said I had £58k. Now 5 months later that's £65k. However, I've car insurance and an expensive holiday to pay soon. So knock that down to £62k. I expect to have ~£70-71k by end of year. I'm putting money into P2P lending sites now.
Still don't know whether this money will be used for a home or as longer-term savings if I emigrate.
I'd love to beat you to the £100k mark, tara lol..!! But there seems to be a constant drag on my money.

tara747

guitarman001 wrote: »

Well done!!
My last post (Nov 2014) I said I had £58k. Now 5 months later that's £65k. However, I've car insurance and an expensive holiday to pay soon. So knock that down to £62k. I expect to have ~£70-71k by end of year. I'm putting money into P2P lending sites now.
Still don't know whether this money will be used for a home or as longer-term savings if I emigrate.
I'd love to beat you to the £100k mark, tara lol..!! But there seems to be a constant drag on my money.

Haha £100k seems soooo far away! Congrats to you too, you're doing amazingly well.

dippykitty

Haven't posted here for ages but I've now crept over the £23,000 mark and am making slow progress towards the £25,000 goal. I'm hoping to get there before the end of the year.

tara747

May update from me!

I saved an amazing £2,692 this month (although £1,200 of that was ISA interest!). Absolutely thrilled with myself, after a slow start to the year

Total saved in 2015 to date: £3,844. Total saved overall: £88,683.

I'm so close to £90,000 now! :beer:

tara747

dippykitty wrote: »

Haven't posted here for ages but I've now crept over the £23,000 mark and am making slow progress towards the £25,000 goal. I'm hoping to get there before the end of the year.

Wow, well done dippykitty! :T

guitarman001

Wow, that's seriously impressive, tara!