Advanced search

To think my 19 year old saving money is odd

(48 Posts)
Ifionlyicould70 Sat 15-Aug-15 21:31:53

My ds saves a large amount of money each month. He earns around around 1000 pounds per months and saves about 200 pounds per month and gives me 200 for keep. All of my friends children at his age seem to out enjoying themselves and spending most of the money they earn.

firesidechat Sat 15-Aug-15 21:33:31

Be thankful.

I have a saver and a spender. The saver has caused me far least angst.

grannytomine Sat 15-Aug-15 21:34:21

Sounds like a sensible lad, I am sure he can still enjoy himself with £600 in his pocket every month. Is he saving for something special? First car, house, round the world trip. My kids have saved for all those at some point or another and still managed to enjoy themselves.

turningvioletviolet Sat 15-Aug-15 21:34:55

Well he still has £600 disposable income then doesn't he? Which is £575 a month more than me.

toldmywrath Sat 15-Aug-15 21:35:22

Yabu-it's quite normal for young people to save & he should be encouraged & applauded for it. (although what is he spending the balance on?-he should be saving more imho)

travellinglighter Sat 15-Aug-15 21:35:24

Good for him.

Benllech Sat 15-Aug-15 21:36:15

What does he do with the rest of his salary? I would encourage him to save more the, I don't know what you are worried about.

Flaperon Sat 15-Aug-15 21:36:19

Uh, seriously? If I had a teenager who was regularly saving money I'd be over the moon. I wanted to save when I was 19 but as I was being paid about £2.50 per hour it was nearly impossible.

Nativity3 Sat 15-Aug-15 21:37:11

Well done to him. It will do him well in the years to come. I'm surprised he's only saving £200! Maybe he's using he rest to enjoy himself wink

hellhasnofurylikeahungrywoman Sat 15-Aug-15 21:37:19

Sounds like a wise young man.

Lj8893 Sat 15-Aug-15 21:41:01

Good for him. I wish I had saved when I was living at home and had disposable income!

Murfles Sat 15-Aug-15 21:41:30

My kids have always saved. that's probably due to them all living at home and paying no digs I have a lot of admiration for a 19 year old being able to save and pay digs given today's bloody awful wages they're normally paid. He sounds a very financially are young man.

londonrach Sat 15-Aug-15 21:42:01

You have a lovely son who is mature beyond his years. Yabu to worry. If even im blessed with just one child i wish my child will be like your ds at his age. Well done for being a good parents. (Personally if i didnt need his rent money id give that to him in lump sum..having put money in cash isa...for him when he moves out and buys house or flat)

ilovechristmas1 Sat 15-Aug-15 21:44:18

i have one of each

the saver causes me no problems

the spender is a nightmare and has caused alot of problem with stealing money in this house

good for your son

nemo81 Sat 15-Aug-15 21:47:13

I think he sounds very wise. I hope my children grow up with his attitude to money, ie not wasting it on nights out like i did.

AyeAmarok Sat 15-Aug-15 21:48:37

Smug thread alert!

Murfles Sat 15-Aug-15 21:52:21

Smug thread alert

I personally saw nothing smug in the OP or any replies.

Hellionandfriends Sat 15-Aug-15 21:54:11

I was a saver too. I paid 100 rent pm to my parents and saved almost all my income in order to save for a house deposit. I allowed myself 100 per month to fritter away on clothes and socialising

FenellaFellorick Sat 15-Aug-15 21:55:53

Sensible chap.
You should advise him to start a pension too.

thecatsarecrazy Sat 15-Aug-15 21:56:54

When I left school I was earning £35 a week on a training scheme. Out of that I gave my dad money and saved the rest. When I got married I had a fair bit saved and my dh had nothing. Over the years my savings have been waisted baling him out. I hope that my ds take after me and not their father.

Ifionlyicould70 Sat 15-Aug-15 21:57:20

Even with his salary that he keeps he spends on other people. He just doesn't seem to ever treat himself.

Higheredserf Sat 15-Aug-15 21:58:32

Message withdrawn at poster's request.

mountainofdreams Sat 15-Aug-15 21:58:49

Sounds good! Like Hellion I was a saver and therefore own most of my home outright in my now mid twentie , I would hope that my children will also be savers has judging by pp it seems less hassle!

asmallandnoisymonkey Sat 15-Aug-15 22:04:31

I can't believe this is an actual problem to you. I genuinely think you're having us on.

BackInTheRealWorld Sat 15-Aug-15 22:05:58

I don't understand the point here? Do you want him to spunk it all away then?

Join the discussion

Registering is free, easy, and means you can join in the discussion, watch threads, get discounts, win prizes and lots more.

Register now »

Already registered? Log in with: