The 'We're saving for a deposit' thread

vl2588

Compare your mortgage rate to the best savings rate you can get. My betting is on the mortgage being higher!

Marvel1

vl2588 wrote: »

Compare your mortgage rate to the best savings rate you can get. My betting is on the mortgage being higher!

I'm changing my ISA Tuesday and it's going from 0.5% to 3.0%, my mortgage rate at the moment is 2.5% until the rates change.

Rautavaara

If only I had an extra £20k ... :-/

ClareyFairy

Managed to add another £1000 to my today... nice to see it slowly climbing

Barros

feeling rubbish this month. had a high spend week since payday and after the gas/elec is paid realistically the saved figure will only be about £600 compared to the £1k was hoping for. - this has cancelled out the great amount i put away in january ARGH!

need to live VERY quietly the next 2 wks to payday to make up for it! x

rictus123

Right after sorting out a couple of setbacks iv had recently iv got my £500 to start with and im going for my deposit! Im 20 this summer...looking to buy in June 2013 when im turning 22. So iv got £500 and looking to save at least £20,000(only need half cost of everything as buying with partner) so i have 2.5% of my target total, my first short term goal to help me get there is to have 10%(£2,000) by the end of May. Obviously this is a minimum and il be looking to get more than this.

kacie

Just added another £300 to my saving but am now out of work, so until I get a new job may not be able to put much away, luckily a friend owes me money and has a standing order going straight into my savings to pay it back.

Rautavaara

Gonna see if I can live on £150 for the rest of the month. Tinned soup and supermarket own brand baked beans ... yum yum yum, here we come :-/

That's £6 a day for 25 days. I'm sure I can pull it off.

kacie

Rautavaara wrote: »

Gonna see if I can live on £150 for the rest of the month. Tinned soup and supermarket own brand baked beans ... yum yum yum, here we come :-/

That's £6 a day for 25 days. I'm sure I can pull it off.

Go on the Old Style Board, they'll give you plently of advice for cheap living

Svenena

I unexpectedly received a cheque at the weekend, the first part of some inheritance money which I wasn't expecting to receive for several months (pending house sale). This isn't going towards my savings total, but rather on top of it, as it wasn't something I knew about when I set my target, and I want to save the majority for myself. But I will count the interest towards my target, so that will be a bit of a boost. I think with that and the money I'm saving myself, I will earn a good £500 in interest over the next year, which is nice! I earnt £3.95 interest on my ISA last month, the most I've ever had (it's only been a few pence in the past), and I was amazed by that, so I'm looking forward to seeing £30+ a month being added.

I've done some casual work over the past couple of weeks which should be bringing in around £100, and I'm going for a clinical trials screening medical later in the week, so if I get through that, I may have another lucrative source of income. I've also finally almost reached the £40 payout mark on OnePoll, so should have that to cash in for next month. Also a teeny tiny payrise coming this month (0.04% for "inflation", and also a week or two's worth of my payrise for having been in the job for a year). Looking forward to updating next month!

Well done all on your savings, and especially to those who are just starting out with small amounts - it'll all add up in the end.