How much can you save?

save-a-lot

Hi

Have a look at this page
http://forums.moneysavingexpert.com/showthread.html?t=295326&page=18
in this thread, it details what the Challenge is about and how to work it out what bronze, silver and gold milestones are

hth

Rose_Crow

Thanks for that link. I did wonder what the Bronze/Silver/Gold thing was all about. I like the idea of percentages - some people don't mind discussing in depth about their money, and although I like the anomity of this site (being able to hide behind a psudenom (sp)) I don't fancy shouting about it. Not sure how this will work with me, as I only started saving at the beginning of this month. I'll have to save like crazy just to achieve bronze.

JET34

Hello everyone,
I hope it's ok for me to join this thread!! I have already achived Silver and I really would like to get gold before the year is out!! I know I have my work cut out but I am hoping that this thread will keep me going...
GOOD LUCK TO ALL..........

dreams_of_paradise

Love this thread... silver so far but hoping to reach platinum by the end of the year, best of luck everyone

Joscar

This thread looks very interesting - trying to see how you are calculating your %ages but the thread is soooooooo long I have not had chance to read it all.

I think you are taking your take home pay, deducting you fixed out goings (utility bills, mortgage, rent, etc) and your groceries to find your disposable income and then calculating how much of that was saved compared to being used on ' unnecessary' items

Have I got that right?

All my friends think I am incapable of spending money so this is something I could be good at !!!

save-a-lot

save-a-lot wrote: »

Hi

Have a look at this page
http://forums.moneysavingexpert.com/showthread.html?t=295326&page=18
in this thread, it details what the Challenge is about and how to work it out what bronze, silver and gold milestones are

hth

Have alook at the above link to see the score with the scoring

Joscar

Hi Mr Tall,

I have spent way too long on this web site today - very interesting seeing how much everyone else saves even though it feels like I am being nosey by reading everyone's conversations. My friends and family think I am weird as I always look at the price of everything and never want to buy anything unless I think it is VFM - but then they all have debts and I have savings.

Any way the reason this messages is addressed to you is that one of your posts says you went to the same college as me! how spooky is that, I think I could have been at RIL (Southlands) the same time as you!

wisbech_lad

Heh - if you include the value at which savings have gone up by as savings - I've saved 113%!

If not, about 80%.

Yes, I save too much. Actually, it is more that I earn a decent income from a job I enjoy, but just don't have the need to spend - I found out long ago that money, above a certain amount, just doesn't buy happiness.
So I end up not spending about half of my pretax income.

save-a-lot

Joscar wrote: »

Hi Mr Tall... Any way the reason this messages is addressed to you is that one of your posts says you went to the same college as me! how spooky is that, I think I could have been at RIL (Southlands) the same time as you!

Hi I was there between 1993 and 1996 on the Geography and Environmental course... might even know each other

Joscar

I was there a year before you, 92 to 95 and also studied Geog so may be we have met in the 'real' world

Nice to meet you in this one