Savings? - Page 2

DoNotResus · 29th April 2008, 1:57pm

It's hard to save when you are skint, so I'm not a saver. Currently I focus on paying my credit card bill since the interest I pay (and thus loose) on that is much more than the interest I get on any savings. Very soon I'm gonna start looking at pensions I think though.

m0nkeymafia · 29th April 2008, 2:31pm

ISA and saving for the tax man.

Mos Def · 29th April 2008, 4:31pm

I stick about £100 a month into an ISA. Not really saving for anything in particular (except possibly a deposit for a house eventually), but things like Car Insurance / MOT etc are taken out of it when required. I'd feel physically sick if I didn't have any savings and I dunno how people can go about their lives without having any.

Fenntastic · 29th April 2008, 5:07pm

i dont save into an account or anything but i do keep a penny jar. i stick away a few quid a week and hang onto it til i really need it. being very skint very often it comes in handy. i had about £115 in it until recently when i ran out of money and took £30 out. its a fucking cool penny jar too. its like a little pink ATM machine and it counts your money as you put it in.
i hate not saving up my change, i like the security of knowing theres a wee bit of cash there if i need. once im earning enough ill probably try and put a couple of hundred away a month for moving out. well actually ill save for a holiday first....

Timmy · 29th April 2008, 5:53pm

I stick £250 away a month... only been doing it for a few months though.

Hopefully so i can move out.

I'm Your God Now · 29th April 2008, 6:03pm

My money tends to be spent the moment it enters my bank account.

Only time I saved was when I was moving up here, as i knew I wouldn't have a job for a while.

Witch · 29th April 2008, 6:04pm

ive got diddly squat savings, pay into my mortgage and the rest goes on bills. Once ive cleared my debt off though i should theoretically be able to put money away. We'll see though

Jaemi · 29th April 2008, 6:09pm

I'm a spender.

*
I save some, not as much as I should though.

I love it at the time, but see when I think back to how much cash I've spent on just "going out", it's criminal...And it annoys me a bit.

Pier Angeli · 29th April 2008, 6:19pm

Quote:

Originally Posted by Jaemi

I'm a spender.

*
I save some, not as much as I should though.

I love it at the time, but see when I think back to how much cash I've spent on just "going out", it's criminal...And it annoys me a bit.

But just think of the memories you're making. Even if you can't quite remember them.

It's only money. I'd rather have a good time. If I get hit by a bus tomorrow, what good are savings to me then, EH?!

cookie · 29th April 2008, 6:25pm

£50 in Premium Bonds a month, that's about all I manage regularly after the mortgage and bills. Managed to put away an additional £200 the other month for my holiday in June, aiming to try keep that up if it's possible.

GoddamnElectric · 29th April 2008, 6:26pm

I stick religiously to the 60% budget system. So between short term savings (emergency fund), medium term savings (ISA) and long term savings (mortgage deposit) I save roughly 30% of my earnings each month, and will hopefully continue to do so throughout the coming years.

Fallenblackrose · 29th April 2008, 6:30pm

Quote:

Originally Posted by Pier Angeli

But just think of the memories you're making. Even if you can't quite remember them.

It's only money. I'd rather have a good time. If I get hit by a bus tomorrow, what good are savings to me then, EH?!

Right there with you, as (usually) the inly time i save is if i want something that im going to enjoy like going away for the weekend or something, dont think i could save for the soul purpose of having savings that could be rainy day money or something.

mischief · 29th April 2008, 8:31pm

I'm a happy mix of both, once the bills are paid, I stick £300 into savings & £100 into a pension and spend the rest in Topshop & Lush!!

Like someone said above, I hate not having savigs, although I'll probably be removing the majority of my savings later in the year for a deposit on a house.

Zooropa · 29th April 2008, 8:34pm

Only stick about 40 quid a month away, got too many overheads from my past right now to put away anymore.
Come july I'll put away more, cause then I'll finally have paid off THAT FUCKING CLIO I sold about 3 years ago.

linz · 30th April 2008, 12:14pm

I put away £80 a month, birthday pressent money and the contents of my paypal account when it hits £100 (any balance under £100 is sure to be spent on nonsense) into savings. Then twice a year, I go to the US, and spend it all on ridiculous shoes, too many clothes and anything i can get my hands on in AP and sephora. I pobably wouldn't buy the stuff I buy on holiday if I was at home, and justify it because it's my 'holiday spends'.

I'm a saver so I can be a spender!