Stacking My Money Sky High!

RoxRoxBling

I thought I'd start a little thread of my own. Where I can keep record of how much I actually save. Because tbh I keep on saving but don't look back and think how well I did.
In April I started something new. I save all my money to be saved and never touched. But then in addition I only keep say essential money in my current account and move the rest to a little interest instant account - but the money's there if I need it.
(I have actually dipped a little bit in my arranged over draft - but it's free - so not to worry because my salary will sort it in two days - unexpected petrol. Problem is with current accounts when you actually spend on your d/c the payments don't go through straight away, so you don't know how much you actually got)
I think that's why I've got confused of how much I saved this month. I move my money in and out between accounts.



So once I'm free I will calculate how much I've actually saved

ETA: My overdraft won't be free after July. [STRIKE]Thanx[/STRIKE] natwest, I've been banking for how long and now I don't know what's going on with my account.

RoxRoxBling

I must say I made a big jump to fix for 2 years in an isa [STRIKE]10000 11000 [/STRIKE]10000 (yes I did change my mind a few times)

That currently leaves me with about [STRIKE] 3500 [/STRIKE] 3800 in instant access savings. However in October my 3 year fixed isa matures and that will be 6000 to add to my instant access collection!!

I have got a mini goal of needing 1790 (uni fees September) so I'm saving that money in a 1% instant access and not my isa as I am able to save the full allowance and keep it in there.

anoncol

RoxRoxBling wrote: »

That currently leaves me with about [STRIKE] 3500 [/STRIKE] 3800 in instant access savings. However in October my 3 year fixed isa matures and that will be 6000 to add to my instant access collection!!

Cant you move your matured isa to another isa to keep it tax free? unless you want the money to spend now.

RoxRoxBling

anoncol wrote: »

Cant you move your matured isa to another isa to keep it tax free? unless you want the money to spend now.

I may need to use it. but will see closer to the time.

RoxRoxBling

January: 332.86
February: 706
March: 1645.54 (+294.09 interest)
April: 1321
May: 670
June: 1050

RoxRoxBling

Doesn't time fly when you're sorting out your finances!!
I've spent some of today working out how much I've saved in the last three months. Much needed, and a woohoo to me!

I've got that many savings accounts, I've had to remind myself where exactly I was putting my money!!
So my thoughts at the moment (although unsure and not certain) I will keep 100 in my current account, and whenever I spend, I can simply top up my amount to reach 100.
This will be my spending money. At maximum I will spend 100 a week.
So if this week I spent 60, I still have 40 for next week and need only 'top it up' with 60. This top up money would come from a mini savings account.

Soon as I get paid, I have money going into my regular savings, and then the rest goes into my ISA.
Come March 2014, if I have not maxed out my ISA, I will withdraw from reg.

I do keep 'short term emergency money' in a basic savings account.