The 'We're saving for a deposit' thread

J_i_m

Jay83 wrote: »

Hi, is everyone on here a house buyer or anyone a flat buyer? just curious as had always wanted to get my own house with a garden and now been thinking maybe a flat would be better (price wise anyway)

Very much depends on your situation and needs. If you're on your own.. then you probably don't need a great deal of space.

If you have a family on the horizon... you'll want a house with a garden and drive way at least

[Deleted User]

Jay83 wrote: »

Hi, is everyone on here a house buyer or anyone a flat buyer? just curious as had always wanted to get my own house with a garden and now been thinking maybe a flat would be better (price wise anyway)

I have nothing against flats, and have very happily rented flats for years.

I do, however, want a garden (even if it's the size of a postage stamp!!!) But this is not what puts me off flats. Currently, flats in my current location are all leasehold and any gardens are communal only, with zero privacy. I know that this is not the case country wide, and if I were in a part of the country where I could buy a freehold flat with a small garden, then it would probably be on my wish list.

I know others have strong views about wanting a house rather than a flat, but I personally have a wish for a freehold property, a small amount of outside space, and the responsibility and control over up-keep and maintenence (which I believe can be problematic in flats because of the communal areas). Not things that I can get from a flat in my current location (but never say never!).

If you find a home that you will be happy in and meets your needs, I don't think that it matters if it's a flat or a house - so long as you will be happy there.

Good luck with whatever you decide,

D9

nakiwala123

Hi Team,

I have gone and fallen victim to careless mistakes of online banking! I'm the one always singing the praises of online banking and how it has made life so much easier.

I set up a payment of £1000 to go to my ISA on payday. I then spent more than planned before payday hence I decided to low the transfer down to £800. However, for some reason or rather I forgot to cancel the £1000 transfer.

So come payday, I'm wondering why I have not been paid and why I'm into my overdraft! ISA is £1800 better off. I can't withdraw from ISA since I will lose my allowance. Long story short, I'm going to have a very frugal July living off my £2 coin collection until August payday. However, silver lining is that my ISA will be full a whole 2 months earlier than planned!

So I thought I would ask - what online banking errors have you ever experienced? Or is it just me?!:eek:

markalanious

I know your pain!

I keep making timing mistakes between my account and the joint account I have with my partner which we use for rent/bills. No actual cash flow problems, but just getting the money into the right account at the right time - however we've now made sure we've got a 'buffer' in the joint account so if I forget to do my payday transfer we're ok.

redbull5

Hi everyone

Thats my first home saver upto £4030 so not doing to bad.
Im just going to max it out with £300 a month and that can be my house saving at the moment, i dont see the point saving all my money for one thing, i need to save for a holiday as im planning a round the world trip or gap year sort of thing when im 21 or 22. Dont want to get into debt because of that but if i dont go i will hopefully have a few thousand saved up.

1st priority is to get my emergency fund to 3 k and then i need to sort my savings accounts out, they are a bit messy.

Redbull

savingmummy

tara747 wrote: »

Hello everyone! June payday update:

I only managed to save £612 (due to treating myself to some holiday flights) but have been eBaying again in the last week or so and am feeling positive about the rest of the year!!! I am now up to £49,430 (sooo close to £50k!), will update my sig now.

Onwards and upwards!!!

That is amazing!! You`ve done amazingly well and no doubt worked incredibly hard:T

Inspirational!! Goodluck with the rest of your saving your going to smash your target!!

quintwins

i'm very strict with my bank, when we first got marrried money was so toght we only had £25 to live on a week and that included desil, food and elec, and we set up a dd for our t.v lisence to come out monthly and they took it nearly a week early which resulted in charges we couldn't pay which resulted in more charges for about 2 months we had charges ever week or 2 and not a penny to our names (not cheap charges either £35 ones) in the end we phoned the bank said we couldn't pay and they canceled anymore charges due but it took alot of begging, we now pay our t.v lisence all in one so at the start of feb, and i'm so paranoid about getting into a mess i always make sure all dd are covered a week before there even due

we're buying the kids a pc, we don't acually own one just laptops and the nursery and a load of other professionals suggested we let them play games, so we're getting them there own, we've just been to ikea and acually only bought a table and nothing else this is going to greatly reduce any savings for this month but there worth it

Jackies

finally tallied for the month £63,195.59, thats 87.17% of the way to total - yay!

cassie46

Well started saving, nothing is going in from me this month but my partner is hoping to put in about £600 as he has been given a child trust fund. Then planning a carboot sale a week on sunday to get our fund started. Planning on trying to save 20k which is going to take forever since most of oyr wages go on bills. Going to do the two pots that Jackie suggested though

Jackies

cassie46 wrote: »

Going to do the two pots that Jackie suggested though

Its a really good idea - my current totals are in my sig and thats only since December. The virtual savings pot I've found most interesting - you hardly notice a few quid coming off every week but its amazing how quickly its stacked up - you of course can add extra amounts to it if you want like I do so it stacks up quicker - I lent my brother some money and he's paying me back £50 a month so once his direct debit comes into my account I pay it into virtual account - I also round down my accounts on each pay day too.......every little helps!