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The 'We're saving for a deposit' thread
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I know what you mean. I've just had to have a big look at our finances and food shopping is my major spends too! We spent double the budget last month. Oh dear. Back to scribbling in my little book I think...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/£3100
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There are some good threads on budget recipes in the 'Old Style' moneysaving forums! The hardest thing to do cheaply is meat... the boyfriend would have a panic attack if I served up a veggie dinner, and I don't like buying/eating cheap meat...what do you mean, I have to pay back my student loan?!?0
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poppysarah wrote: »Because you're saving for a deposit?
And you'd be able to buy a house a lot quicker and it'd cost a lot less re:mortgage.
I do see your point and I think everyone works out for themselves the right balance for them. For example, if I were to post our SOA, people would say - move to a smaller house, stop eating out (we spend £50 a month on eating out), cancel the Sky contract, don't buy expensive gifts and stop travelling. I'm sure if we did that, we'd save enough to buy a house maybe 2 years sooner than we otherwise will be.
BUT...we won't have travelled (we go on 2 holidays a year - one to Europe and one back to our home country; the latter is non negotiable) and one of the reasons we chose to live away from our country is because we want to see different countries and cultures.
We will have lost touch with home because the Sky contract is there only so we can watch Indian channels.
We won't be taking anything home with us when we do go home or sending money to OH's parents. We see them once a year and family is very important to us so making them happy and comfortable is a priority.
What will we have if we do give up all these things? We'll have a house of our own a few years sooner. For us, we're willing to wait a little longer and enjoy life a little more. We feel saving a third of our income for a deposit is sufficient for us.
And before anyone calls us spendthrift - we both work full time, mystery shop, AQA, and comparison shop like mad. We do our best to earn more for the various pots and to make sure we get the best deals when we buy something.
Of course everyone has their own priorities and I am NOT casting aspersions on anyone's quality of life. I'm just saying it doesn't have to be a choice between saving every penny and maxing out the credit cards. And I don't see that either we or the people who save every penny are wrong. We've just chosen our own way to get to the common goal.Mortgage (original/ current):193,000 (23/09/11)/ £102,500 (07/11/2019)
2019 Challenges: Make £300 a month: £9.71/£300 (January)0 -
Can I join too? Trying to maximise my deposit. As buying in London have to build up my savings! SLC is due me money as overpaid my loan so that should be a boost.MFW 91 op 2014 £410/1000
MFW 91 op 2015 £4051/4000
MFW 91 op 2016 £4040/4000
MFW 91 op 2017 £812/45000 -
Can I join please?Don't worry about typing out my username - Call me COMP(Unless you know my real name - in which case, feel free to use that just to confuse people!)0
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Welcome Clearing out my pockets!
Its my favourite day of the month....payday!
£500 has been automatically swept into my regular saver (Halifax Fixed 5%), and i have manually transfered £500 to my normal savings account (ING Direct 3%). I probibly wont be able to save this much next month though
As you can see from my sig, this now puts my total saved so far at 43% of my target. Slowly getting thereMortgage Free 22/03/17
MissWillow is my OH!0 -
sarastark86 wrote: »There are some good threads on budget recipes in the 'Old Style' moneysaving forums! The hardest thing to do cheaply is meat... the boyfriend would have a panic attack if I served up a veggie dinner, and I don't like buying/eating cheap meat...
We are committed carnivores, but I will not serve 'unethically produced' meat.It also happens that while we might not like vegetarian food, we like food that happens to be vegetarian, if you see what I mean. Presenting a meal that tries to be meatless focuses on lack, presenting a meal that happens to be meatless is a whole different ball game. Soups are good (also many recipes can be meatified with very small amounts of meat....split pea and bacon for example) but for heavier eating I heartily recommend Indian cooking. I make lots of vegetarian curries and DH never notices the lack of meat.
. Otherwise, cheaper cuts are very in. I make chili with chunks of beef skirt rather than mince meat, and its fantastic. (I tend to make it the night before while cooking whatever we are eating that night, and then let it simmer slowly, cool and refridgerate till next evening, so its actually time saving too.:o)
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Yesterday I put our savings into better rate savings accounts. All helps!
X2022 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/£3100 -
good move jak. I have to attend to this too but finding decisions tricky!0
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I find it hard to work out what to do for the best too. As we are saving for a major holiday I have to try to keep that money seperate if I can. I'm now trying to do this via a spread sheet so I can max out my 10% halifax reg saver.
I can get a bit confused so....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/£3100
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