How much £ do you save each month?

Company pay 3% to pension, I pay 2%.

I save buggar all.

20 year old, debt ridden, fun loving bloke.

[keith_d]

50% is pretty impressive.

I manage somewhere between 10% and 30% most months, depending on how many big items come along. This month I'm paying my car tax and bike insurance so it'll be closer to 10%

Jesus saves more than me,being top dog he probably has a bigger pension.How can any pensioner save when the payments are below the poverty line.

Originally Posted by Miss Alpinestarhero

However I also save for the future (about 50% of my earnings) because I want to get on the property ladder

In that situation I agree, however I have 2 houses already so that isnt really an issue with me.

Originally Posted by Miss Alpinestarhero

... my car blows up

Understandable, but we have 3 cars, a Landrover and a van (plus 4 bikes) and if mine does blow up I would just have to claim off the insurance and drive something else we have.

Originally Posted by Miss Alpinestarhero

... ..so that I can live comfortably when Im an old lady rather than relying on government pension.

Well I have the police pension and if I ever live to be an old lady, inheritance plus assets that can be sold off.

So yes you are totally right about that and I see your point and under those circumstances I would definately behave differently with my money and be a bit more responsible.

Originally Posted by mister c

£75000 mortgage, plus bills, food etc. 1 wage = Broke all of the time. I live off my overdraft, wich I know is bad, but that's life unfortunately.
But I'm happy, so thats the main thing

I wish I only had a 75k mortgage. 110k with 1 wage, bills, food, blah, blah, blah.

Can't save anyway. Like to spend my money.

[Gazza77]

I pay into the pension at work (NHS, so pretty good), as does my other half but that's it. I have in the past saved, but as we're still doing up the house, that's gone by the wayside. Once we've finished everything though, I'd suggest we will both go back to saving a reasonable amount, without leading too frugal a lifestyle (I have the bike & two cars and the Mrs has a horse, so that's not likely).

Originally Posted by the_lone_wolf

+1

I'm all for living in the moment, but there's a difference between enjoying each day and living in a situation where you're not prepared for a sudden financial shock

That's what credit is for.

We're quite lucky in that we have a pretty decent income, so on average I estimate we save 46.5% (based on saving figure X each month, out of a take home of Y). That's with spending money on things we want, when we want, so not scrimping and saving, although we are just naturally careful with money too (it would seem).

I get a 10% non-contributory pension through work so I don't save for a pension separately

[the_lone_wolf]

Originally Posted by Scoobs

That's what credit is for.

never really thought about it but with shares pension and other saving prob about 20% a month