We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
We're aware that some users are experiencing technical issues which the team are working to resolve. Thank you for your patience.
📨 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!
Another trick when salaries are growing is grow spending into it at a slower rate and about a year behind, when you hit 40% tax focus the excess on pensions but look to release some of the 20% pension back to other stuff.
Missed another point earlier, normalise on a year give a better view for priorities as it removes the scale problem of regular small spend adding up. £20per week is £1000per year.
Similar situation with my wife. We've been together for 14? years this year, she will never change. She is, however, a fabulous woman who lets me manage the finances. This means we have very good pension provision and we should be able to continue living the life we enjoy when we are old yins
I think Frugalwoods did a blog post about this a few years ago. I think the important thing is to find something in common to motivate you both; most people don’t save just for the fun of saving. We are saving to support our kids in the future (we agree on it and it’s very motivating to both of us). MrCM has zero interest in money and just leaves me to organise it (we have fully pooled finances), but we agreed the general plan and we have a discussion about big spends/saves (eg holiday budget, when I make a big OP etc).
3
