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The 'We're saving for a deposit' thread

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Comments

  • jak
    jak Posts: 2,027 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Just got 237 interest. Now just over 5k! Very exciting!
    2022 Comp total (prizes + free spins): £494.81 #20 £12 a day Jan: £382.95/£372 #57 360 1p challenge: £17.70 £10 a day Feb: £571.09/£280 March: £311.96/£310
  • happytails
    happytails Posts: 1,554 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    spent the morning so far getting solicitors quotes! varying from £665 - £1130!
    DFW Total £21,800 to clear by Dec 2022
    MFW Total £184,950 £179,066 to clear by 2035
  • sugarpants_2
    sugarpants_2 Posts: 601 Forumite
    Gees still havent got anymore savings! Roll on end of the month am planning on putting in £300 this month!

    even contemplating squeezing us all into a 2 bed maisonette (renting) to give us an extra £150 to go into our savings? Would it be worth it? Or stay living comfortably in a 3 bed house?
    SAVING FOR OUR FIRST HOUSE DEPOSIT

    15,000 NEEDED /35,000 SAVED SO FAR! :j
  • sugarpants_2
    sugarpants_2 Posts: 601 Forumite
    Need tips for where to put our savings? Just using our normal natwest savings account at moment.
    SAVING FOR OUR FIRST HOUSE DEPOSIT

    15,000 NEEDED /35,000 SAVED SO FAR! :j
  • Dinah93
    Dinah93 Posts: 11,466 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Bake Off Boss!
    If you are paying in money at payday a regular saver might be best:

    http://www.moneysavingexpert.com/savings/best-regular-savings-accounts

    however if you are paying in money randomly or have a lump to put in go for the highest rate instant access:

    http://www.moneysavingexpert.com/savings/savings-accounts-best-interest
    Debt January 1st 2018 £96,999.81
    Debt September 20th 2022 £2991.68- 96.92% paid off
    Met NIM 23/06/2008
  • mouche
    mouche Posts: 902 Forumite
    Part of the Furniture Combo Breaker
    Well...my regular savers have been topped up so that's £500 saved this month. Can't do anymore as I took a week's unpaid leave in April and that has just been taken off my salary. Will struggle to manage on what I have left but I'm glad I have those regular savers set up because at least there's a steady saving there.
    Mortgage (original/ current):193,000 (23/09/11)/ £102,500 (07/11/2019)
    2019 Challenges: Make £300 a month: £9.71/£300 (January)
  • tara747
    tara747 Posts: 10,238 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    sugarpants wrote: »
    Gees still havent got anymore savings! Roll on end of the month am planning on putting in £300 this month!

    even contemplating squeezing us all into a 2 bed maisonette (renting) to give us an extra £150 to go into our savings? Would it be worth it? Or stay living comfortably in a 3 bed house?


    Stay where you are is my advice. For all the hassle it's not worth it. You have to be happy in the present as well as saving towards your future goals. ;)
    Get to 119lbs! 1/2/09: 135.6lbs 1/5/11: 145.8lbs 30/3/13 150lbs 22/2/14 137lbs 2/6/14 128lbs 29/8/14 124lbs 2/6/17 126lbs
    Save £180,000 by 31 Dec 2020! 2011: £54,342 * 2012: £62,200 * 2013: £74,127 * 2014: £84,839 * 2015: £95,207 * 2016: £109,122 * 2017: £121,733 * 2018: £136,565 * 2019: £161,957 * 2020: £197,685
    eBay sales - £4,559.89 Cashback - £2,309.73
  • purplevamp
    purplevamp Posts: 10,704 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    sugarpants - I agree with tara747, if you move into a smaller place you'll feel cramped and on top of each other, this will lead to irritability and arguments. Also it'll cost a fair bit to move, etc.

    I thought I was doing quite well with my savings this month, then I remembered I haven't paid the rent yet :doh:. Not good. Luckily I do have enough to cover it.
    Mortgage: Was: £154,495 Oct 2039 Now: £82,340.34 May 2037
    Swagbucks ~ £155 (2024 ~ £395)
    Surveys ~ £153.19 (2024 ~ £280.14)
    Make £2025 in 2025 #5 ~ £964.62 ~ (2024 ~ £2,561.04)
  • sugarpants_2
    sugarpants_2 Posts: 601 Forumite
    thanks for your posts. will stay put but its gonna be hard throwing £875 a month to our greedy landlord:mad:
    tara747 wrote: »
    Stay where you are is my advice. For all the hassle it's not worth it. You have to be happy in the present as well as saving towards your future goals. ;)
    SAVING FOR OUR FIRST HOUSE DEPOSIT

    15,000 NEEDED /35,000 SAVED SO FAR! :j
  • tara747
    tara747 Posts: 10,238 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    £875 a month!!!!!!!! Holy c r a p! Where do you live?!
    Get to 119lbs! 1/2/09: 135.6lbs 1/5/11: 145.8lbs 30/3/13 150lbs 22/2/14 137lbs 2/6/14 128lbs 29/8/14 124lbs 2/6/17 126lbs
    Save £180,000 by 31 Dec 2020! 2011: £54,342 * 2012: £62,200 * 2013: £74,127 * 2014: £84,839 * 2015: £95,207 * 2016: £109,122 * 2017: £121,733 * 2018: £136,565 * 2019: £161,957 * 2020: £197,685
    eBay sales - £4,559.89 Cashback - £2,309.73
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