My Savings Diary

l0u1se

Started this thread to try and motivate me;

Current position

24, Living at home with parents, looking to save towards a house deposit! Hopefully...save 10k by the end of next year!

I have no willpower when it comes to saving, known to randomly spend £20+ on my lunch times in Asda on random things...have decided now is the time to try and sort my life out!

Current savings

£1450 in a savings account

£6600 worth of shares (locked in for 3 years....staff shares!)

Outstanding debts!

Car loan

Finishes in March 2014, currently paying £279 a month - so will be that amount better off from March!

Overtime completed this month; roughly an extra £600 in November pay

Wish me luck! :j

l0u1se

Main objective to help me save is going to be to withdraw a cash budget at the start of the week, and ban myself from using my debit card

Matt1977

Good luck l0us1se.

Certainly a lot easier to save up while still living with parents.

When I was your age I bought a car on finance. Never again!

l0u1se

I'm really gutted as I spent 10k on my car...would have a deposit by now!

jennikitten

What's your plan for savings? How often are you thinking about putting money in?

l0u1se

I'm thinking of putting money in each month at my pay date, update, now have £2000 in savings from overtime. Looking to save a bit more in Decembers pay

l0u1se

The 10k is for a house deposit, which in south Wales is looking to be 10% towards a half decent house hoping really to look more towards a 150k house.

Stuck in a dilemma at the moment, one perk of my job is a staff rate mortgage which is currently at 0.5% but cannot get more than one mortgage or cannot borrow more (top up) wondering whether to hold on til I get a bigger deposit and buy the house I want to stay in

150k where I live can get you a lot of house, talking detached/semi 3 bed properties

Sun55

Don't save! Find a good husband!