Can you afford savings each week/month?

Wanderer2010 · 16-09-2012 08:09PM #1

I find that after the bills, rent, food and car maintenance are paid, Im luck to have 50quid a month to put away savings, even when Im buying the cheapest food, only using the car when I really need it and wearing the same clothes for ages. Obviously everyone is different but do you find you have much left over to save at the end of the week or month?

splendid101 · 16-09-2012 08:24PM

I save at least €60 per week, it's taken out by standing order so I always transfer that. I usually throw another €25 or more into the savings account on top of that.

I'm a low paid worker.

Scioch · 16-09-2012 08:30PM

Here's a helpful tip on saving money. Dont give to charity, let em all go to fcuk and stick your few euro in a jar for yourself.

jimthemental · 16-09-2012 08:38PM

I can afford savings at the moment but I have a niggling suspicion I'll be unemployed by christmas.

Where To · 16-09-2012 08:43PM

I save everything I don't spend

Mr Benevolent · 16-09-2012 08:44PM

Yeah, about 25% goes towards savings/my next project.

4zn76tysfajdxp · 16-09-2012 08:46PM

Where To wrote: »

I save everything I don't spend

That's what saving is.

wp_rathead · 16-09-2012 08:50PM

Malik Yummy Minion wrote: »

That's what saving is.

not sure- but think that was the point..;)

yes I save about €150 per month for the famous "rainy day"

aka: holidays

Micko23 · 16-09-2012 08:51PM

I cant save a penny and I've jut realised I give 120 to concern every year. Has to stop as unemployment is looming!

MistyCheese · 16-09-2012 08:51PM

Savings? Ooh, they're a little bit out of my price range at the mo.

Where To · 16-09-2012 08:52PM

Malik Yummy Minion wrote: »

That's what saving is.

Even when you then blow the lot on sexy beer and cold women?

Yay!! I is frugal

Geuze · 16-09-2012 08:53PM

I was saving 800 pm, now trying for 1200. However, I don't think I'll be able to do it for too long, due to rising energy costs, and other costs.

Thankfully, the int on my mortgage has fallen to 100 pm, so the repayments have also fallen, to about 700 pm. That helps me save.

But a tank of kero will cost me 900+ I think, so that will hit me.

Micko23 · 16-09-2012 08:56PM

Geuze wrote: »

I was saving 800 pm, now trying for 1200. However, I don't think I'll be able to do it for too long, due to rising energy costs, and other costs.

Thankfully, the int on my mortgage has fallen to 100 pm, so the repayments have also fallen, to about 700 pm. That helps me save.

But a tank of kero will cost me 900+ I think, so that will hit me.

Poor guy:D

girl2 · 16-09-2012 08:57PM

Geuze wrote: »

I was saving 800 pm, now trying for 1200. However, I don't think I'll be able to do it for too long, due to rising energy costs, and other costs.

Thankfully, the int on my mortgage has fallen to 100 pm, so the repayments have also fallen, to about 700 pm. That helps me save.

But a tank of kero will cost me 900+ I think, so that will hit me.

Oh woopie for you. Make a person depressed, why don't ya.

False Prophet · 16-09-2012 09:07PM

Just get some tips from the stingy person thread on how to save money;)

aristotle25 · 16-09-2012 09:08PM

I used to save 3k per month in 2008/2009 but am down to saving about 1k per month at most now. Taxes, baby, uneconomical car (relatively), and just spending more mean I save less now a days.

Shenshen · 16-09-2012 09:18PM

I save around 300 a month. That's short-term, though, I do find I need to have easy access to it, for things like vet bills and car repairs.

Quorum · 16-09-2012 09:24PM

I save E200 per month. I earn less than 20K per year. I don't drink much which greatly facilitates saving.

Teyla Emmagan · 16-09-2012 09:27PM

I don't save a penny, I'm a disaster. I only started contributing to my pension again recently though, which is costing me 320 a month. I can't afford anything else.

Biggins · 16-09-2012 09:30PM

I try to afford savings - but month by month, its getting much harder thanks to the increase of everything in price topped up with increased charges or new ones.

dark crystal · 16-09-2012 09:32PM

Nope, we basically live hand to mouth every week. I'd be lucky to be left with a tenner the day before payday.

Every time we think we're ahead, another bill pops through the door....

Tasden · 16-09-2012 09:33PM

Considering Im working two jobs with one purely going towards childcare, not really. I try to save if i get extra hours or a bonus but every month something comes up and i end up dipping into it. Im currently trying to save for a car but I think the most its stayed at permanently is 50 euro so its gonna take some time!

Firegaurd · 16-09-2012 09:34PM

Myself and the girlfriend are saving for a wedding and have been for a while between the two of us we are managing to put away around 1200 per month, mind you I haven't seen the inside of a pub in a while, or the cinema or a restaraunt or anything else remotely fun

16-09-2012 09:42PM

aristotle25 wrote: »

I used to save 3k per month in 2008/2009 but am down to saving about 1k per month at most now. Taxes, baby, uneconomical car (relatively), and just spending more mean I save less now a days.

:eek: I don't earn 3k a month.

I try to save about £100 a month because that's all I can afford if I want to have any kind of a life. I could save £200-250 back in London if I worked loads of hours but never any more than that. My rent, bills, groceries and travel eat up most of my paycheck.

Scortho · 16-09-2012 09:42PM

I'm around 900 a month on average. SO about 70% of my income. Im a very strange college student:D

The Big Red Button · 16-09-2012 10:25PM

Nope, used to be very good at saving when I was younger, simply haven't been able to afford it the past couple of years.

I've gotten a new job recently though, slightly better paid than my old one, so will start putting a wee bit away each month.

I've no real interest in having major long-term savings, though (apart from having a couple of hundred put away for an emergency.) I amn't interested in buying property (I prefer the flexibility of renting), and if I really wanted a new car - which I won't anytime soon - I could get a loan.

I can't really imagine ever having thousands of euro in savings - I much prefer to save a bit, spend it on something nice, save a bit again. You can't take it with you, so you might as well enjoy it while you can.

John Mason · 16-09-2012 10:43PM

i save around a 1000e a month, sometimes 800e. depending on bills and/or social life

Sleepy · 17-09-2012 12:49AM

Jaysus, this is depressing reading. I'm 32 and never mind savings, I can't even afford a pension...

iamstop · 17-09-2012 01:16AM

Sleepy wrote: »

Jaysus, this is depressing reading. I'm 32 and never mind savings, I can't even afford a pension...

Same as me self. I'm the most qualified I've ever been (degree) and I'm the poorest I've ever been. :-/

Potential-Monke · 17-09-2012 05:38AM

I was saving about 300pm, but then i became single again so the bills doubled and mortgage had an extra 200pm added onto it. So now i'm saving leftovers for when i can't afford food before payday.

Cookie_Monster · 17-09-2012 05:41AM

$750 NZD per fortnight after rent and mortgage

Can you afford savings each week/month?

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