I don’t know if I’m being overly sensitive as I am a single parent (with maintenance as people seem to ask that on here!). But I can’t ever seem to get ahead financially. I have been fortunate to save 1,500 a month for the last year or so. I thought this was going to be great as it would get a good savings buffer going and me and dd could even go abroad perhaps and I could start to add to her savings too. I was looking forward to having 10k in the bank as a safety net and then a little extra to save elsewhere.
But no… what’s actually happened is 3k on a boiler… I know that’s more like a one off cost but it doesn’t stop there. I needed two trees removed which cost 1k, I had a huge energy bill from December which has wiped out 400 of this months savings already. I had to pay for extensive dental treatment with a root canal as I couldn’t get it on the nhs. Then finally I had to pay over 90 more for car insurance (no explanation as to why and despite calling round many many many places to get it cheaper).
The reality is that I am getting nowhere with savings. It will take me forever to save won’t it? What’s actually the point? I will never be able to save more than 1,500 which to be honest I thought was a huge amount! But perhaps I am very wrong about this. How do people get financially secure? I’m nearly 40 now and can’t actually believe I have this much money to set aside and it’s going nowhere. I just want to give up and the future feels so uncertain.