Most people are in debt so -minus every month. I'd say you are doing wellEasy as the title suggests. How much are you saving? I’m 33 and left a good job in the UK to move abroad for my husband. I now live in a non English speaking country and while I know the language it’s not good enough for a high up job so to speak. So with his job and my (low pay) job, we are managing to save about £800- £1000 a month. Is this pretty similar to others? I have no idea. We try to live off his wages and save mine. I always feel like this isn’t enough for people our age. Please let me know where you’re up to. I’m curious!
I wish I had started saving more at your age, you definitely won’t regret it! Mine used to be wasted on buying lunch everyday. My mum would make me a sandwich and I’d always throw it away. Now I live abroad I’d give anything to have some homemade food by my mum.I'm 24 and earn around 1,400 each month. Have been saving £50 per month but realised how completely shit that is compared to what I earn so aiming for £300 this month
I think even if you’re having to withdraw it, at least the momentum is there to save and the intention. We have to dip into ours frequently too, and things are really expensive where I live compared to in the UK. I’m still in Europe.Some months are better than others. Recently savings have been used for house stuff and replacing items etc so they are sitting at £150. I aim to save £325 a month if I can but last year I had to withdraw it almost every month. I've dropped money in my new job so may need to reassess that. My share of the bills is £1000 a month. That doesn't include petrol, union fees, mobile phone, registration fees for job though.
I put money away every month for my daughter and that never gets touched. So in a way I'm saving but for her future, not mine. Once I've paid off my home renovation loan I'll be able to focus on saving more. Where are you living?I think even if you’re having to withdraw it, at least the momentum is there to save and the intention. We have to dip into ours frequently too, and things are really expensive where I live compared to in the UK. I’m still in Europe.
I wish I had started saving years ago!!I wish I had started saving more at your age, you definitely won’t regret it! Mine used to be wasted on buying lunch everyday. My mum would make me a sandwich and I’d always throw it away. Now I live abroad I’d give anything to have some homemade food by my mum.
I’m currently in Belgium. It’s an expensive place to live, even clothes for example are all imported in so we pay a lot more. One example being Superdry, a hoodie over here will cost about 90 euros for an equivalent in the UK that is around £40. We pay a lot of tax over here on salary and we don’t have shops like dunelm, home bargains, next, b&m. So whereas in England I could go stock up on home cleaning products and go to dunelm and get nice bedding, cushions, kitchenware for a good price. Here everything is an independent store and we don’t have a huge amount of chain shops, so then you pay more. They’re used to it here but when me and my husband come back home I bring back fairy liquid and alsorts with meI put money away every month for my daughter and that never gets touched. So in a way I'm saving but for her future, not mine. Once I've paid off my home renovation loan I'll be able to focus on saving more. Where are you living?
I’m currently in Belgium. It’s an expensive place to live, even clothes for example are all imported in so we pay a lot more. One example being Superdry, a hoodie over here will cost about 90 euros for an equivalent in the UK that is around £40. We pay a lot of tax over here on salary and we don’t have shops like dunelm, home bargains, next, b&m. So whereas in England I could go stock up on home cleaning products and go to dunelm and get nice bedding, cushions, kitchenware for a good price. Here everything is an independent store and we don’t have a huge amount of chain shops, so then you pay more. They’re used to it here but when me and my husband come back home I bring back fairy liquid and alsorts with me
I’m doing a save the change too, I started in October and already got about £70 in, not much but I don’t notice it going out.Previously last year nothing as used all savings buy a house and renovate.
I hate it as makes me feel insecure but it's a struggle to save.
It means we reguarly use credit card for emergencies.
Been reading Dave Ramsey and want to build up 1k emergency fund.
Also I say most years I'm saving for Xmas and never do then get annoyed with myself.
Signed up for Lloyds save the change account.
Started another local savings account for Xmas.
We still want to do stuff around the house.
The kids have some trip expenses coming up that we are aware of so doing the penny challenge to see if that can find majority of the trips.
Would also love to save a birthdays/back to school funds as again it's like Xmas it's and time every year and then we struggle those months.
The car is costing a bit lately and mot is due for spring as find it's the random things each month broke washing machine, new tyres that push us into the red.
Would love family holiday abroad next year.
My initial plan not started until next month as Jan pay awful is try and cut back on spending to allow us to save more.
Also try and up income with side hustled and possibly some part time work in autumn.
The lady at the bank said she saved 200 without even trying hopefully if link to mine and my husbands accounts we can save some money without too much hardship.I’m doing a save the change too, I started in October and already got about £70 in, not much but I don’t notice it going out.
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