Ready, steady… save!
You don’t need a chart to join in. Here are 2 ways to record your savings:
1. Cross it off
Pop a chart into your first post. Saved an amount? Cross it out! Read more »
£0.01 £0.02 £0.03
2. Write it down
Skip the chart and add updates to your first post. Read more »
“Another +£3 saved today. Go me!”
Use +£ before each new saving so it counts towards your total.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
What is classed as Savings
lastordersplease
Posts: 5
Forumite
Theoretical Question. If you had savings of £40000 which would exclude you from Claiming Universal Credit could you, in theory, purchase 100 gold sovereigns worth £400 each but with a face value of £1 thus reducing your savings to £100
0
Comments
-
Sorry wrong forum, will re-post in UC0
-
No you cant. those would be assets.
I mean you could try to hide it, but someone's going to notice 40k going missing overnight. and then you get done for fraud.0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.9K Banking & Borrowing
- 255K Reduce Debt & Boost Income
- 456.2K Spending & Discounts
- 248.4K Work, Benefits & Business
- 606.1K Mortgages, Homes & Bills
- 179.1K Life & Family
- 263.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.7K Read-Only Boards