The 'Save 12k in 2014' Thread!

Poster_girl

My total for October is £886.48.

bsms1147

By my calculations only just over 10k to go...

ShootForTheMoon

Hi Gang!

Sorry for the late October update!
Just got back from a stunning break in Copenhagen where OH and I got engaged :j
As you can imagine, a pretty expensive month, but with the bumper pay-packet from all the overtime I've been working, we've still managed to save £1000 after paying for pretty major work and a full service on OH's car - pretty happy with that!

Amazing news on the £1m mark... Not much to go now!!! Woohoo!!
Congratulations to everyone on their efforts so far!!

Shoot x

[Deleted User]

Shootforthemoon congratulations on your engagement:T:T:T.

ajdj

Congratulations shoot! Enjoy the engagement buzz (it lasts ages!!!) hope there's some money left in the budget for some weekend fizz

ShootForTheMoon

Thanks lovelies!!
Indeed, celebratory fizz and chocolates provided in vast quantities by our awesome friends and family!! Diet will have to wait until next week!! :rotfl:

tara747

ShootForTheMoon wrote: »

Hi Gang!

Sorry for the late October update!
Just got back from a stunning break in Copenhagen where OH and I got engaged :j
As you can imagine, a pretty expensive month, but with the bumper pay-packet from all the overtime I've been working, we've still managed to save £1000 after paying for pretty major work and a full service on OH's car - pretty happy with that!

Amazing news on the £1m mark... Not much to go now!!! Woohoo!!
Congratulations to everyone on their efforts so far!!

Shoot x

Aw, congratulations

nat21luv

Congratulations! I do love a good engagement

YoungBusinessman

Congrats, Shoot!! Glad my GF isnt on these forums, shes dying to get a new ring!!!!!

Living_proof

Congratulations Shootforthemoon!

I haven't declared any savings for a while, and I will explain why. Maybe someone here will have a suggestion about how I should go about saving over the next few months.

I have changed jobs although I will be doing exactly the same work, only self employed. I work from home and have done for years and have no mortgage and a lodger whose rent covers utility bills and council tax, etc. I will have phone and broadband expenses and obviously I have to eat and Christmas is coming up, but I think I can manage on about 500 pounds a month in the short term. My initial earnings might be erratic and I doubt I will be paid much until January.

Normally I tuck excess money into my Isa but this very month the bonus disappears and I need to change it for something more meaty, and am looking at a fixed rate one year at 3%. My current account has around 4,700 in it and I really need to transfer some of that into an easy access account for emergencies. I have to pay in 750 each month to my current account to earn the 5 pound bonus the Halifax gives me. I am also due around 500 holiday pay and probably a few hundred or so in a trivial pension payout. Whilst I want to maximise the return on my savings I don't want to leave myself short. I do have other savings but they are on fixed rate fixed term basis apart from 1200 in premium bonds.

I am probably being overly cautious but what do you think I should do? If I leave so much in the current account then it might give me a false sense of security which might prevent me striving to earn my usual wage of around 2500 per month. Sorry for the lack of pound signs - like others on the site I just get the hash sign!