Post deleted 17 September 2014 at 11:17AM edited 1 October 2014 at 7:02PM in How much have you saved? 6 replies 3K views

HLR93

Starting a more indepth saving diary please ignore this.

Emperor2014

Good luck! We're in the same boat - im 22 & saving to move out - so you have my sympathy & support :beer:

bugslet

Good luck Helen, long time since I bought a house, but it's great when you get your own place, makes the savings worth while.

I'm just the other side of the r:piver, at least we don't have to pay London prices

SuperHan

Where have you got your money? Putting it in a TSB or similar current account will get you 5% interest every month! Every little helps

Have a look at the bank and budgeting forums for more ideas.

Mr_Singleton

HLR93 wrote: »

I now have £2956.92, the deposit i need is £5000

Please don't think just because i'm 21 that i'm looking at life through rose tinted glasses /QUOTE]

Perish the thought!

BTW have you factored in buying costs of about £3000?

IMR86

Hey babe. Just registered will be doing a money saving log so we can both keep an eye where we are upto! We need to get this house deposit asap! and my eBay need to kick start into gear aswell. :heart2: xxxxx

ShootForTheMoon

Great to hear your progress HLR93!!
Good on you for being so determined to save for a house at such a young age - you'll be laughing when all your friends are still trying to scrape together deposits in their 30's!!

I'm saving for a deposit too, but will need at least £30-40k as house prices down here are pretty steep (around £270-300k for a 2 bed flat!!)

It'll be a long old road, but it's nice to read about how other people stay motivated and save!!

I know you said you don't really want the hassle of moving banks, but i'd really urge you to look at what's out there in terms of high interest current accounts - it makes a big difference when your savings start mounting up!! You don't have to switch completely, you could easily have 2 accounts and do all the transfers etc. online... I find I'm far less tempted to spend when it's in my "savings" rather tan my current account!!

Good luck with your mission!! I'll be along for the ride!