My mate casually threw into conversation
that he's got £15k worth of savings and his bank manager just made him put it into a shares type (I lost interest because secretly I was thinking FIFTEEN GRAND!!??)

I think I could do with some life savings, the £1500 I have right now just ain't cutting it...
( whenanimalsattackhumans clad in global hypercolour, Mon 26 Jul 2010, 10:49, 3 replies, latest was 15 years ago)

15 grand would be nice right now
Pay off my debts, put some aside for a deposit on a house, and get tattoos!
( Labia Majora You keep on talking but it makes no sense at all, Mon 26 Jul 2010, 10:51, Reply)

After I left recruitment I had just over 10K saved up from tha past couple of years.
Nearly all of which got used last year at Uni. I am now going to have to use the rest to get my new car. Or at least part of it. I was hoping to have that lovely cash last for my entire degree. Bollocks.
( SteveFrench Cardio is for homo's. do you even lift bro?, Mon 26 Jul 2010, 10:56, Reply)

can you not
just replace the motor, can't be that hard. Or even just get the hood back up and leave it up?
( Kroney, Mon 26 Jul 2010, 11:31, Reply)

its up to 120k miles now so I told myself when the roof goes ill replace it.
plus am loving the new Volvo C30
( SteveFrench Cardio is for homo's. do you even lift bro?, Mon 26 Jul 2010, 11:45, Reply)

I've never had that much money saved up
I was well proud of myself when I had £1200 saved up after a year, but as soon as I was allowed to touch it I used it all to pay off my credit card bill. By May of this year I'd managed to save £300, which I then had to dump on my rental flat when my tenant moved out. Grrr. Stupid things costing money.
( Kitty v1.0 desperately naive, Mon 26 Jul 2010, 11:30, Reply)

Saving up £1200 while you have a £1200 credit card bill isn't really saving

(PsychoChomp, Mon 26 Jul 2010, 11:32, Reply)

Indeed
that's just paying off your debt.

On a similar note I do have 10k worth of student debt which kind of undermines my plan of 12k in 5 years...
( whenanimalsattackhumans clad in global hypercolour, Mon 26 Jul 2010, 11:34, Reply)

student debt doesn't count

(PsychoChomp, Mon 26 Jul 2010, 11:35, Reply)

I've paid off over half of my student debt
I was pleasantly surprised by this, should have the rest cleared in 4 or 5 years.
( Labia Majora You keep on talking but it makes no sense at all, Mon 26 Jul 2010, 11:36, Reply)

I don't have any student debt, mostly because I've never been a higher-education student.

( G/PP 💩💩💩💩💩&#128, Mon 26 Jul 2010, 11:38, Reply)

I know that now
but I was young and naive at the time.
( Kitty v1.0 desperately naive, Mon 26 Jul 2010, 11:46, Reply)

Yes
I'm actually thinking of setting up some kind of direct money transfer type thing from my current account to savings account. I wouldn't miss £200 a month that badly and within 5 years I'd have more than 12k :D

Well that's the plan anyway...
( whenanimalsattackhumans clad in global hypercolour, Mon 26 Jul 2010, 11:32, Reply)

After working for 2 years
I'd managed to save nearly £25k. It was all about cheap rent and walking/cycling to work as much as possible.

Then I quit my lucrative and soul-destroying advertising sales job and took a large paycut, so haven't been able to save anything like that since. Still, it went towards a house deposit, so 2 years of living in a very cheap and nasty flat whilst doing a job that was tedious and pointless was actually worth it.
(The Empress it seems you CAN polish a turd!, Mon 26 Jul 2010, 14:59, Reply)