To ask how much you save each month roughly?

How about you @SunnyWavess?

Is this post helping with your project?

£50. Only get disability, and also helping out my partner who should also get the same but UC not got back to him since his reassesment in bloody february!

When we got married interest rates went up to 16%. Hard to save then, then two children I wasn't working so hard then. Once the children went to school it eased up, interest rates dropped I was working again. Only then were we able to properly save because we still lived as if we were skint. It had become a habit. The housing market crashed for 7 long years 90-97 here so when houses were finally selling we had enough money saved to make a big house jump to a wreck of a money pit which took years to get right 😂😂

Zero here. I'd said 0-500 is more common for most families with children especially through the childcare years.

I really want to be in a better position living without savings makes me feel rather vunerable. Few luxuries and very cheap holiday so the idea of having money left over after all that too blows my mind 🙈

Shocked how much people can save🙄

I relate to that feeling of its something what other people do. It's something I plan for the future when I can afford to and absolutely want to do but it feels very foreign to me. Grew up with not much money and parents that were not good with money never saved/invested anything like that. So the idea feels very alien. But the anxiety of money/not having enough/spending has never left.

Wow this is eye opening.

South coast expensive area, Joint income of about 80k, ok mortgage payments just interest only. House needs masses of building work so financial strain should lessen in a year once this is done. 2 children who we spend most of our money on. 2 dogs, 2 cars.

No savings ever - not beyond a month or two when we've needed something.

£0-200 (but anything that does go in comes out again tbh).

Honestly I've never had savings - either haven't been able to afford it, or have just spent to what I earned. Even as an adult who works in a field vaguely relating to money who KNOWS 100% that it's sensible to save regularly each month, the concept of doing so is so alien to me - I grew up very very poor, my financial literacy isn't great, and until the last few years I'd never been in a position where I could save (I was either not earning enough to live or I was paying off debts from the years when I couldn't afford to live). Now DH is ill and not working, so I'm covering everything, so can't save anyway. But when he is working again we'd comfortably be able to save 25-30% of our income and still live a nice life, so I'd like to do that - but the thought of it feels really weird and almost like something Other People Do? Very stupid of me I know. Need to get my head round it!

A few thousand. We don't have kids or animals and my partner earns a decent amount. We're still struggling to find a house in our budget that's suitable for my autistic needs, though.

Between £450-700 depending on what else we have going on that month.

£500, will jump to £1k when DC1 starts school next month. No idea how much DH saves, but we manage another £200 from the joint into savings for holidays etc on top.

This thread is just ridiculous.
We save around £300 most months I think. 3 kids under 7, but currently no childcare costs due to maternity leave.

low mortgage currently so we also overpay by £500pm. Have about £20k saved for a hopeful house move up the ladder in a few years. Cars owned outright, no other debt and DH has ability to pick up overtime if we need it. We don't earn huge amounts but also aren't big spenders at all.

In reality, I think we have more savings than most people we know... but going by this thread maybe not!

What is an average household

Jointly £200 for DC plus set aside money for holidays, car insurance/repairs, house insurance etc (£600/month but that is budgeted to be spent over the year so not really savings) and then just me approx £300-400 for tax bill. Actual saving which is mainly planned for overpaying mortgage and buffer for anything unexpected maybe £100

£250 per month. And £1k into pension.

But I have also reduced hours at work massively as I have paid off mortgage and have savings and pension pot.

So if I worked more I'd just save more. Which seems pointless

(50s, no kids)

I agree with a PP that Mumsnet is far from average, but I'd disagree saying that the average Mumsnetter is saving less. If anything, many are saving far more than the median average household can.

I'm single with children and a mortgage, no other debts. I aim to save £300-500 per month, split between car savings, birthday/ occasion savings and shit-gone-wrong savings. The last year has financially crippled me with lots going wrong in the house, so my total savings are still very low and wouldn't last me a month if I lost my job tomorrow.

But I'm post-divorce, with a relatively newly-bought (old, and in need of serious TLC) house, an old car limping through each MOT (usually more than once), kids are getting older, reasonably skilled at DIY, thrifty and creative and I have a decent monthly income to cover general living costs without having to scrimp too much on a bit of fun. So I get by.

Luckier than many in this country in what is still a cost of living crisis.

I don't, but I do have monthly standing orders to my kids £200 each (one has moved out one will start uni this year). I save for things like holidays but I don't have an ever increasing pot.

£850 per month
No kids, saving for a deposit

About £1000 a month. No mortgage, DH retired and I work minimum wage. Just the one 16 year old. Stops at Christmas time though then starts back up in February

I put £500 into a savings account every month plus £3k per annum from another source. But it's to be used for car, presents for family, dentist, health care. So goes up and down. DH saves similarly.

About £500 but currently supporting two children through university at a cost of £500 pm each as well.

Zero, sadly living in the South East, being single and paying off debts doesn't give much spare money. Once debts have been paid off, I'll start saving. Although I should probably have a rainy day/car repair pot but the thought of saving when I have debt is one I can't get my head around.

It varies, I have an NHS/state pension. Sometimes £500, sometimes £1k 🤷🏼‍♀️ both retired/no mortgage/no kids. Want to do some house renovations in the New Year which will be costly, but I have a fund for this type of thing, also a separate small saving fund for Christmas/birthdays/Easter for the little ones in the family.

£1k into long term savings (ISA) and £1k into accessible savings for holiday and Xmas each month. That’s DH and I. We also pay maximum into our pensions. We don’t have a mortgage and we have 2 children under 18 who are likely to go on to university so we are saving towards that.

Don’t. When I was on maternity, I spent around £10k of savings per child to top up my income closer to what it had been. Maternity is a very lean time- I couldn’t save at all…instead I drew down savings..you should feel really proud that you can save at all