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!
Barebones of my budget
Comments
-
Wow £15 a day for that food. Stop right there.
I've just tallied up my groceries for the last year and it averages £25 a week.
0 -
This is really a separate topic. Investing your savings better doesn't change the fact that your current lifestyle is unsustainable for your income and monthly cashflow.
Yes your mortgage may be cheaper than the rent, but if in the same area / type of property then there won't be much in it once you consider lost interest / investment return.
For your monthly cash flow, you still need to:
- increase income (either take overtime or develop skills to seek a higher paying job); and
- reduce housing cost (move to a cheaper area, take in a lodger, move into a house share); and
- reduce food cost (cook from home in batches, not ready meals and takeaways).
1
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
- 264K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.7K Read-Only Boards