How to fall in love with saving money

cathybird

WantToBeSE, sorry to hear you have not been feeling well How frustrating too on the two bookings. I suppose if you work for an agency and you also have private clients there will inevitably be clashes sometimes. If you explain that you have been ill I am sure that would help. It's only an hour's difference. I wouldn't mind, if I was her.

cathybird

Anyway, I have some good news - I had another look at my incomings and outgoings and decided that I could just scrape in the final £300 to meet my savings goal for November, so I transferred the money today. So I did it! £1,000 for November and with a week to go :beer::beer::A

115K

cathybird wrote: »

Anyway, I have some good news - I had another look at my incomings and outgoings and decided that I could just scrape in the final £300 to meet my savings goal for November, so I transferred the money today. So I did it! £1,000 for November and with a week to go :beer::beer::A

Congrats!:T

cathybird

115K wrote: »

Congrats!:T

Thanks you 115K

WantToBeSE

cathybird wrote: »

Anyway, I have some good news - I had another look at my incomings and outgoings and decided that I could just scrape in the final £300 to meet my savings goal for November, so I transferred the money today. So I did it! £1,000 for November and with a week to go :beer::beer::A

:j :j :T Well done Cathy!!
So..what's your next aim ?

cathybird

My next aim is £500 for December I'd put more but it's Christmas and I'm also going on a mini-break. So £500 will do. Then next year I'm aiming big, for £12,000 for the year.

cathybird

PS WantToBeSE - hope you are also going to aim for a big challenge next year? ... It would be nice to keep spurring each other on

WantToBeSE

cathybird wrote: »

PS WantToBeSE - hope you are also going to aim for a big challenge next year? ... It would be nice to keep spurring each other on

In deed i am! I am aiming to save £600 a month :eek:
Not sure if it's doable, but i hope to be getting lots more clients at work..so we'll see!

However, not sure what's going to happen, as i refuse to live here for another year so after the car savings, that is my main priority.

Wilkins

cathybird wrote: »

I have read research that suggests that putting lump sums in can work just as well as regular investment, if not better. It can get very confusing as the results in these studies always seem to come down to what data they select and how they use it. In the meantime I've opened an x-o Isa, then realised they don't allow regular investing or dividend reinvestment, so am going to have to close that and open an i-Web one, which does. That's what comes of leaping in with both boots, which is what I tend to do, and which is what I must NOT do with stock market investments. *sigh*

I am not sure if it has been pointed out in this thread, but since the topic seems to have drifted slightly, a very good UK resource for would be investors is

http://monevator.com/

run by two people with slightly different points of view. They are both agreed, however, that for most people, passive low-cost investment is the best way to go. Stock-picking takes time and effort, is unlikely to yield better returns, but can be more interesting.

frugal90

what about nutmeg investments

discretionary management for the masses -uses etfs

I have moved some isas across and will see how we go

I don't work for them either

my isas are with them and my wifes with H&L we are going to compare performance over the next 12 months