How much do you earn and able to save a month?

scimus · 24 March 2015 at 10:33PM

We earn about 7000 net per month between the two of us. No idea about how much we save each month since we don't budget or put money away. But looking at how much we saved over the last 3 years (although earning was probably 2/3rds over the 1st 2 years) it was about 100k in total. Our mortgage payments are about 1000 each month in total for the 2 properties we own. Looking at some of your figures there's much improvement for us to make, starting from this year, as we enter our 30s.

scimus · 24 March 2015 at 11:00PM

We earn about 7000 net per month between the two of us. No idea about how much we save each month since we don't budget or put money away. But looking at how much we saved over the last 3 years (although earning was probably 2/3rds over the 1st 2 years) it was about 100k in total. Our mortgage payments are about 1000 each month in total for the 2 properties we own. Looking at some of your figures there's much improvement for us to make, starting from this year.

SailorSam · 24 March 2015 at 11:03PM

Op you may like to read this old thread, see if anything in it is of interest,

http://forums.moneysavingexpert.com/showthread.php?t=1716055&highlight=how+much+do+you+earn

Note the dates on it though

CrazyKitten · 26 March 2015 at 3:29PM

I earn between £1125 and £1250 a month depending if I get overtime offered, I've only had this wage for three months having previously been on £1002 per month I've gotten into a bit of money trouble so currently saving nothing but hope to change this soon!!

Lala2015 · 12 November 2015 at 11:32AM

I currently take home £1,830.00 p/m and as of Monday (new job!), it will be £1,900.00 - However I have applied to start a company pension which is a sacrifice of 5.00% so I will only be taking home £1,818.00!
My rent alone is £895.00 and just adding on utilities and petrol budget take this above £1,200 outgoings per month.
The prospect of taking home less is petrifying, but I WILL still make sure I continue to save £200.00 (or more) per month!
It could be worse! :beer:

wymondham · 16 November 2015 at 1:18PM

its not what you earn, its what you spend that dictates how well off you are!

fashionvictim · 16 November 2015 at 7:59PM

anotheruser wrote: »

Living outside of London and commuting in may be cheaper.
That's a lot on household bills a month...

Have you seen the cost train travel ?

monic89232 · 24 November 2015 at 3:34AM

I earn £1,200 per month, but i don't have any money to save.

Credit-Crunched · 24 November 2015 at 5:24PM

£6,500 per month - save £1,200 in S&S ISA and £500 into a pension. £2,000 per month into NSandI that covers my tax come January.

I know its rubbish interest, but stops me just drawing upon it via internet banking!

beatrice1 · 24 November 2015 at 6:26PM

I live in Paris and I study in FIGS . I don’t earn that much, maybe 1000 ish, and I can’t save a cent lol. That’s why I’m here.

How much do you earn and able to save a month?

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