How much £ do you save each month?
 

Having turned the ripe ol age of 30 i have been thinking/worrying recently about how much money I should be saving each month?

At moment it's 10% of take home pay and about 7% of take home into a pension.

I think I'm being quite sensible (perhaps too much so) as i wanna get a deposit for a house together in next few years.

But was wondering how much everyone else saves 'for a rainy day' or whatever? Or do you live for the moment and spunk it all up the wall come pay day?

Re: How much £ do you save each month?
 

Between 30% and 50% of take home pay at moment as I finish work at end of year (redundancy) and saving for a potential few months looking for work :(

Re: How much £ do you save each month?
 

5% into pension then company matches the 5%.

Other than that....nothing! I'm 20 and trying to insure 2 vehicles! ;)

If you can afford to save 10% without impacting your social life then do it!

EDIT: Plus, I'm in a safe position at work (I know that no one ever really does know) as I've just had the next 3 years planned out with day release education (MSc).

Re: How much £ do you save each month?
 

im 20 and just moved out a year and half ago with my girlfriend have got an amazing apartment / shes got a 07 plate astra and i have got my sv .... and we come out with around 2330 a month between us and after all our out goings (inc Food )there is 130 quid between us lol so we are officially skint !

So 0%


and we only rent as well not got motage !!!!

Re: How much £ do you save each month?
 

Save? He said save!! I wish!! :smt082

Re: How much £ do you save each month?
 

See? Some people still have a sense of humour! ;)

Re: How much £ do you save each month?
 

I'm currently living off my "savings". Which used to be my bike foreign holiday fund :(
I need a job

Re: How much £ do you save each month?
 

I don't earn enough to save. :-(
Hopefully Im Indoors will get this job hes applied for, so I can start. My son has more in his money box than I do!
I'm 32, no pension. But in the last four years it was kind of hard enough living as a single parent and keeping my home my own than saving pennies.

Re: How much £ do you save each month?
 

Not a great deal at the moment.

Company had an across the board 12.5% pay cut recently, so I left....hated my new job despite a significant pay rise (money is not everything) so went back to my old employer at the 12.5% less. When I originally said I was leaving they said I didnt have to take the 12.% pay cut so I shot myself in the foot really.

In the last month we have decided to move near Market Harborough as well to be nearer my girlfriends work.

Re: How much £ do you save each month?
 

I save about 50% of what I bring home, bung it straight in my ISA so I never see it again in my online accounts and get tempted to spend it:mrgreen: