We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
How much can you save?
Options
Comments
-
eskbanker said:There's no right or wrong answer to that and if you were hoping to hear from the regular contributor above then they haven't been on the forum for over six months so their own version of what constitutes 'saving' may not be forthcoming.
In general it's best to calibrate it with whatever you're putting money aside for, so obviously pension money is inaccessible until 55+ whereas money in a current account is immediately available in liquid form. Fixed-term savings will usually also be locked, and investments in stocks, funds, etc, may not be locked as such but should always be seen as long term money due to shortfall risk, so many would say that they have £x immediately available, £y for the medium/long term (but potentially available if necessary) and £z for retirement, rather than trying to condense everything down to a single figure....
Didn't realise on the last date posted. I found this thread from the sticky topic so assumed it was still active.0 -
moneysaver1978 said:
Didn't realise on the last date posted. I found this thread from the sticky topic so assumed it was still active.
Eco Miser
Saving money for well over half a century0
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 598.9K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards