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How much do you earn and able to save a month?

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  • savingwannabe
    savingwannabe Posts: 16,619 Forumite
    Part of the Furniture 10,000 Posts
    edited 14 July 2016 at 9:13PM
    hi sorry I have to bite. It is quite funny is Manarul actually from Bangladesh? How do we know? I am not being racist but it is soo funny that we have assumed they are.

    (err I had better say, I am Asian and I don't know either?):)
    Aiming for a minimal spend 2022
  • MrsSave
    MrsSave Posts: 1,817 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    If if didn't have debts and my son wasn't in nursery I'd be able to save an extra £600 per month. We'll get there one day!! As it is, at the moment, we save between £20 and £50 per month at the moment, but very rarely have extra expenses crop up as I budget all annual spends throughout the year. If we need new tires, they're in the car pot, Money gets put away each month for Christmas, etc.

    It's our own fault for the spending in the first place, though I'm pleased to say that it's been almost 2 years since we last added debts to our cards!
    Starting a new debt free journey
    Starting Debt: £5,250
    Current Debt: £4,995.50
    Amount Paid: £254.50 Percentage Paid: 4.84%
    Emergency Fund: £350
  • for me I'm abel to save over than 2000£ a month working online at home :)
  • Wizard_of_Id
    Wizard_of_Id Posts: 5,512 Forumite
    I have a fixed income of £250/month from a pension drawdown that I started when I decided that fulltime working was not for me, I live well within my means but I can't save anything from that.
    I have no mortgage/rent but I do have to dip into my savings for the likes of holidays and car maintenance.
  • robin_banks
    robin_banks Posts: 15,778 Forumite
    Part of the Furniture Combo Breaker
    Not saying on here.


    £400 a month. Mostly for t'kids.
    "An arrogant and self-righteous Guardian reading tvv@t".

    !!!!!! is all that about?
  • fairy_lights
    fairy_lights Posts: 9,220 Forumite
    hi sorry I have to bite. It is quite funny is Manarul actually from Bangladesh? How do we know? I am not being racist but it is soo funny that we have assumed they are.

    (err I had better say, I am Asian and I don't know either?):)
    It's his location in his avatar so not really an assumption.
  • savingwannabe
    savingwannabe Posts: 16,619 Forumite
    Part of the Furniture 10,000 Posts
    lol. It did make me laugh and still is. Have a good evening and thanks for making me smile.
    Aiming for a minimal spend 2022
  • I save/have spare £2000 pcm.
    Soon to be August 2020....
    Zero Debt - 2 years clean
    2018 income - £97,500
    2019 income - £112,500
    2020 income projected - Surviving.....
  • I earn about £1400 a month.
    Rent: £262.50
    Travel: £60
    Gas and electricity: £50
    Council tax: £50
    Groceries: £100
    Phone: £40
    Internet: £20

    I still feel like I have no money. I don't know where it all goes which is shameful really. I didn't think I was in a position to save £50+ a month, but seeing all your savings goals makes me realise otherwise. 😞
  • tommysaver
    tommysaver Posts: 181 Forumite
    I'm 23 and roughly save £1k to £1.2k a month now I have a new job!
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