To ask how much you save each month roughly?

By that logic, do you object to them using the NHS and state schools too?

They will be paying a great deal of tax, and I should imagine even with their funded hours they will be net contributors. Why shouldn't they claim what they're entitled to?

i feel the same, I’m a disabled single parent and was trying to save £100 a month to use if I eventually were to go on holiday. Now, the money I put in often ends up coming straight back out as there’s always something that comes up that I need it for. I’m exactly the same as you, bills and essentials are paid - which I’m grateful for but no leftover for anything else. Crazy how others on this thread have disposable income in the thousands to save - likely AFTER using it for leisure and treats.

Yikes this thread makes me feel like rubbish.
I was saving about £150 a month into savings which I use for holidays and family stuff.
Now on maternity and reduced hours when I return I'm finding myself slightly overdrawn every month. All bills are paid though thankfully, just nothing left for leisure or treats.

Zero

£600, for retirement. I’m renting and won’t ever get onto the housing ladder.

People who earn over 100k a year don’t get the expanded free hours scheme.

About 10p currently 🤣

As long as they earn within the threshold - why the hell not?? Funded hours are funded from money we the taxpayer pay including this family - who clearly pay alot in. Or is it your position that those who pay alot don't deserve to benefit?

Nothing right now I’ve just gone back to work after 9 months of just SMP so have been dipping into saving to fund this period. Paying Augusts nursery bill for 2DC in advance of being paid really wiped out the last of our easy to access savings.

I’m hoping that we’ll have around £400 left at the end of each month once I’m getting paid properly again. We’ll probably save £200 and spend the other half on our very slow house renovations.

That would be the ideal anyway. We need to build the easy access savings back up. Those savings cover paying for annual car costs like the insurance, service and any holidays so like PP said I’m not sure how much they count as building wealth type savings.

I might try and get 1 month in before Christmas where we try really hard to save £1,000 to build the pot back up. I haven’t done the maths to know if that’s possible.

We have a high interest rate on the mortgage so I’m conscious that it’s worth it to over pay on that. It’s just hard to promise especially when we want to make the house nicer too.

Why do you find it upsetting that a complete stranger gets universal 15 hours funding that absolutely everyone gets?

As I have stated, we won’t be in this position forever & haven’t always been. Hence saving as much as we can.

I save about £2k a month. My husband will do about the same. Mortgage free now.

Much less than most, but some, 62, mid stage Parkinson’s, cat and I

Between £1,200 and £3,000 a month. I’m not working, my husband does shiftwork so sometimes we spend more save less depending on when he’s off / home.

Between 300-500 per month. But usually much less. Not high earners and have 5 kids
Mortgage is alot.

£900 per month

£800 for my savings
£50 for each for my 2 girls

£400 pcm for me split between cash savings, ISA & premium bonds

£200 pcm each per dc split between stocks & shares ISA & cash savings accounts

£200 pcm for holidays, gifts etc in a basic savings account

Save*

I'm sorry to be that person but I find it really upsetting that you are accepting funded hours and able to safe 5k a month. That system is clearly broken

£1k per month. In our 40s with no kids.

I’m never sure what people mean by savings - we put money away for car replacement, holidays, house repairs etc but all will be used in the shortish term (within 3 years say) - prob £1k or so a month.

We don’t really have anything left after that to “proper save” (as in into a long term no touching pot) other than standard pension contributions.

At the moment, around £2,800pm

Both work full time, mortgage of £800pm on a big house (NI, if that helps) and 2 DC (3 and 10) - no childcare costs though

Newish nice cars bought outright, holiday a few times per year - I'll get to work on overpaying the mortgage shortly - on a five year fixed at a very low rate so the money is doing better in savings

We are very, very fortunate

Currently saving £3.5k a month. Moving house so about to have a much higher mortgage - so from next month we'll save £2k a month.

High earners though, and high outgoings tbh

Nothing. Two adults on low wages, one dd at Norland (studying to be a super nanny) which costs a BOMB but will be worth it, and dd16. Their dad doesn't contribute to their costs. We have a small mortgage but spend a fair bit on food. Can't see us being able to save more than the odd £50 here and there for another couple of years but really want to save for a holiday.

5k. But we’re both high earners and mortgage free. Funded nursery hours helping too.

That will drop slightly over the next couple of years with mat leave & nursery/wrap around school care.

£200 minimum - more if I can, but things always come up which eat into it. I usually use savings towards a holiday for me and DS.
I am a single parent with one child, a mortgage, no partner. I own my car thankfully so no car finance and no debt to pay off other than mortgage, but my bills and living costs like council tax etc.. are expensive and I’m a low income household so there just isn’t much left over to save.