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One students saving goal...

xomggzyox
Posts: 35 Forumite
Hello!
Ok, so my current saving goal is to have £5,000 saved by next July...
My current situation.. i've worked full time over summer to pay off my overdraft, i currently have £160 leftover in my savings account, i have no rent to pay for the next 12 months as i've already paid it. My student loan is the maximum amount at £2500 per term, i've worked out i can save £40-60 a week from this. I'm aiming to get a part time job and earn an extra £200 a month if possible but not relying on this. I work for a month over christmas, this brings in around £600. So by christmas i should have around £1200. If i get the part time job i can save an extra £600 or so which brings me up to around £1800. I then plan on saving another £40-60 a week from January to March thus bringing in an extra £500 or so (averaging out at around £50 pw). This would bring my total to around £2300. I then work for 4-6 weeks over the easter break and would possibly earn around another £1000. I then need to find the extra £1,500 from somewhere! I get my last loan installment in May and could possibly spare the £1,500 from that. I move in with my boyfriend in July so aiming to have enough to pay a years worth of rent up front and have enough left over in savings to cover all my bills. Does anybody have any tips? I'll be updating this as i can!
Current savings total £160.04
Ok, so my current saving goal is to have £5,000 saved by next July...
My current situation.. i've worked full time over summer to pay off my overdraft, i currently have £160 leftover in my savings account, i have no rent to pay for the next 12 months as i've already paid it. My student loan is the maximum amount at £2500 per term, i've worked out i can save £40-60 a week from this. I'm aiming to get a part time job and earn an extra £200 a month if possible but not relying on this. I work for a month over christmas, this brings in around £600. So by christmas i should have around £1200. If i get the part time job i can save an extra £600 or so which brings me up to around £1800. I then plan on saving another £40-60 a week from January to March thus bringing in an extra £500 or so (averaging out at around £50 pw). This would bring my total to around £2300. I then work for 4-6 weeks over the easter break and would possibly earn around another £1000. I then need to find the extra £1,500 from somewhere! I get my last loan installment in May and could possibly spare the £1,500 from that. I move in with my boyfriend in July so aiming to have enough to pay a years worth of rent up front and have enough left over in savings to cover all my bills. Does anybody have any tips? I'll be updating this as i can!

Current savings total £160.04
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