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How much can I have in savings while on benefits?

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  • jak
    jak Posts: 2,027 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Yes he does. That's a great idea. I'll look into it for him xx thanks so much x
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  • tea-bag
    tea-bag Posts: 548 Forumite
    500 Posts
    edited 22 July 2015 at 6:26PM
    jak wrote: »
    Hiya I'm finally in a position to start saving up for a house deposit! Yay! I did see a thread where people were supporting each other but cant find it! I'm planning to save £500 pcm and I need at least £18500! So far I've got £750 in an isa and £750 in my instant savings for my rental house move coming up in Sept.
    I'm also learning to drive and need to save up for a car, so my plan is to put £500 towards the house deposit pcm then anything else can go to the instant savings to cover car/move etc. Can anyone point me towards the savings thread? Or want to join me in this one? J x

    And on benefits mmmmm.

    The kids on it as well

    What counts as benefits? I get carers allowance for
    My son as he is disabled and severe disability element of tax credits. Will this be reduced with the budget cuts? I'm
    confused! X
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