How to fall in love with saving money

Northern_Light01

Archi_Bald wrote: »

eeerrrm.....are you talking about the Santander 123? Because that's the only Santander account paying 3% provided that you have at least £3K in there (plus some other conditions). You'll get noting below £1K, and a mere 1% on £1,000 to £1,999. And it costs £2 a month, but you can get cashback on DDs etc etc, as has been discussed on here a lot. Good account if you have £3K and can meet the conditions but not the best if you don't and can't.

As I can just about extend to a five figure sum, I would obviously meet the capital requirement. Could you care to elaborate on the "other conditions"?

WantToBeSE

Thanks guys. I do see the coat and boots as an investment really. I am starting to hate spending money as i want to see my ISA grow instead!
I have transferred the £61 over to my e-savings account this morning.

The coat: http://www.getthelabel.com/fcp/product/bench/Coats-&-Jackets/Womens-Chilly-Knit-Jacket/26105?colour=black%20marl

The boots (omg, would you look at those beautiful things!): http://www.getthelabel.com/fcp/product/dolcis/Footwear/Womens-Buckle-Boot/31059?colour=brown

I am another one for not going out much. As a single parent it's not easy to go out very much. I went out to the pub for a few hours with my sister about 6 months ago, and that was the first time in about 3 years!
I really hate pubs and clubs. I did all that as a rebellious teenager, and now i prefer to go out for dinner, or a wine bar is OK, but it's best just to go over to friends houses or stay in. I know, i sound old and boring...i'm only 34!!

gallygirl

Northern_Light01 wrote: »

As I can just about extend to a five figure sum, I would obviously meet the capital requirement. Could you care to elaborate on the "other conditions"?

HERE you go. Basically, fund with at least £500 a month, have 2 active DD's and pay a £2 fee. Makes sense to run as your main current account as you get cashback on utility and council tax DD's. Just need to keep a record for yourself of how much of the balance is savings and how much spendable so you don't accidentally spend 10k .

Santander have a terrible customer service reputation but they've got it right with this one - they were great when I switched, and now it has to be completed within a week so even better :T.

Edit to add - WTBS - you don't know what you're missing - I was out in a quiet country pub last night when around 20 folks (male & female) turned up on what I guess was a stag night. All in fancy dress. Including a mankini :eek:. Quite fit he was too :rotfl:. Stood near the fire a lot of the time. Not that I was looking obviously .

cathybird

Northern_Light01 wrote: »

Careful now! You'll end up sad, lonely and rich (well kind of) just the same as me!

Seriously though, back in 2006, I found myself in a bit of a bother with my finances. £14,000 in debt in fact due to needless credit card splurges. Buying a brand new car during this phase didn't exactly help either.

The wake up call came in August 2006 when I found myself reduced to being able to only service the interest payments on the card. Realised that I needed to do something rather drastic so I really reined in the spending big time. Was lucky and landed a job where I could start paying back a small chunk of the capital and still keep the car on the road. But the remedy involved cutting back to the bare bone to the point where I was even walking to work (so much for the joys of motoring!) and cutting back big time on my food intake during working hours.

By the end of 2010 I was finally debt free. Having achieved this, I then decided that instead of using my hard earned to pay down debt I could then save a bit for a rainy day. As a result of learning the hard way, I found that it wasn't all that difficult to fall in love with saving. So much so that I now have a few grand tucked away just waiting to be invested into things that will give me a chance of getting a better return long term.

BTW I still have the same car (runs as sweet as a nut she does). Even if I still prefer to walk into town rather than drive! Well for the most part I still only window shop!

well, you know, it's good to have a good car that doesn't give you any trouble My car is getting on for 11 years but so far has run well - nothing gone wrong much at all. I don't really use it much now either so hopefully can coax it to keep going for a few years yet.

"Sad, lonely and rich", ha ha, I wish :rotfl:

cathybird

WantToBeSE wrote: »

I really hate pubs and clubs. I did all that as a rebellious teenager, and now i prefer to go out for dinner, or a wine bar is OK, but it's best just to go over to friends houses or stay in. I know, i sound old and boring...i'm only 34!!

Me too, totally. I could not agree more.

cathybird

gallygirl wrote: »

Edit to add - WTBS - you don't know what you're missing - I was out in a quiet country pub last night when around 20 folks (male & female) turned up on what I guess was a stag night. All in fancy dress. Including a mankini :eek:. Quite fit he was too :rotfl:. Stood near the fire a lot of the time. Not that I was looking obviously .

A mankini, in this weather? :eek::eek::eek::eek: Not sure the bride will thank him for that

Actually not sure I'd thank a bloke for wearing a mankini in any weather

gallygirl

cathybird wrote: »

A mankini, in this weather? :eek::eek::eek::eek: Not sure the bride will thank him for that

Actually not sure I'd thank a bloke for wearing a mankini in any weather

On the scale of how acceptable it was, he was right up the top end . It was obviously cold out though :rotfl:.

YoungBusinessman

Always the ones that are quite fit but think they are a lot better than they actually are that wear mankinis and the like on a night out. Last night was good out for a meal then few drinks in pub with inlaws before heading home for early night. Could have carried on but saving money comes first for the rest of year, and it's damage limitation, yes I went out for a meal but I only had 2 drinks after as opposed to before I had my savings goals is have been out all night and 3 figure spent no problem.

It's Sunday that's effected the most, got some washing done and kitchen tidied up a bit since I'm feeling fresh. Quick trip to shop for some new work tools then clean my van and chill out the rest of the day! Another busy week ahead at work, meant to be getting a day off due to weather if forecasts are anything to go by. Still holding off buying a new laptop.........for now!

WantToBeSE

Haha Gallygirl, i almost spit out my (tesco value) porridge when i read that!! haha, what a sight i bet that was

115K

It shows how long it's been since I had a night out as I've never had the pleasure of seeing a man wearing a mankini.:(