Is 2023 my year? 31 December 2022 at 4:22PM edited 31 December 2022 at 4:22PM in How much have you saved? 7 replies 160 views

Dizzy_Ditzy

Will 2023 be the year that I get on the property ladder? 🤔 

Currently sat at about £18K, £10K of which is his and the rest mine. The increased cost of living is biting a little in that I’m not saving as much as I should but I am sticking something away each month at least. Another rent increase in January isn’t going to help 🙄 

Let’s just keep hoping for that ever elusive lottery win 😂 

Skint_yet_Again

Happy new year Dizzy. Good luck with your savings and getting on the property ladder in 2023 🤞

savingwannabe

Dizzy i felt the same when i was saving for the deposit on the house but did get there. I know you can do this. Like you I am worried that my savings and standard of living are taking a tumble this year but we have to keep trying. We can do this. 

Dizzy_Ditzy

It’s really annoying that I’ve moved most of my savings to a better interest account but my help to buy isa is stuck at 1% and because HTB ISA’s aren’t available anymore I can’t move my current one to a better paying account 😒

MovingForwards

There's a few savings accounts paying over 5% and 7%, but need a current account with them, they make a huge difference to boosting savings as does rounding up pennies etc.

I'm not sure if it's still possible to transfer a H2B ISA to another provider, although they're no longer on sale, as people have been about a year ago.

Dizzy_Ditzy

MovingForwards said:

There's a few savings accounts paying over 5% and 7%, but need a current account with them, they make a huge difference to boosting savings as does rounding up pennies etc.

I'm not sure if it's still possible to transfer a H2B ISA to another provider, although they're no longer on sale, as people have been about a year ago.

I think I’m going to keep it as it is and put the bulk of my savings in my bigger interest accounts. I should have paid more attention 12 months ago 🤦‍♀️

*edit - turns out I can transfer an existing HTB ISA so over the weekend I’ll have a look around and see what I can sort out

Dizzy_Ditzy

I had a tidy little win on the lottery this weekend 😀 not life changing by any stretch but it didn’t end up in my savings - I was told to get something for myself so I upgraded my air fryer 🤣

MovingForwards

Congratulations, sounds like good use of the win!