Savings how much

[Greatballsofedam]

So there are a few threads going around about money and how people can't cope on what they earn
My question

1. what do you earn
   
2. what are your outgoings
   
3. how much is left at from your salary's at the end of the week/month/year
   
4. how much in savings do you have
   
   I am just interested to see some answers

[Evereve]

Are we taking all of this at face value then? :D

Absolutely not

[Notmynom]

800k income, outgoings about £10k per month, spend more than we should on holidays and other luxuries, save about 250k a year although lots of that goes into pensions and various other non-liquid investments so hard to value total saving pot.

[Evereve]

What on earth do you do for a living, Notmynom? You earn more than the Prime Minister and almost half the Cabinet

[TheSnorkMaidenReturns]

We do well, thank you. Good income, old, plenty of rainy day savings, plus pot for house maintenance/improvements, still have large mortgage but very low rate. Definitely spend within our means. Nowhere near as rich as those earning £196k a year though ...

[Notmynom]

Lawyer.

[Notmynom]

Plus the investments we have produce additional income.

[PortiaCastis]

another interesting thread would be how many had inheritance to pay off your mortgage
Me but I would rather have my Dad back

[pitterpatterrain]

Ha snork like your reply

[Dashper]

cheeeeslover I've not given figures up thread but STEM subject based professions seem to pay well- DH is an actuary. I'm a solicitor, which pays ok.

[NapQueen]

It shocks me OP that you and dh are still in debt with such massive incomes. How much is your mortgage and is it really worth being in debt to live there?

[Dashper]

But evidently I'm not the same sort of solicitor as Notmynom is

[NapQueen]

Oops I meant Lorelei

[runninglikemad]

MP's and the PM don't get paid that much though do they. Lawyers on the other hand!

[PollytheDolly]

£35k between us

85% equity in the house (value £130k)
£7k savings (after 5k wedding)
£8k in cars (which are slowly rising in value - those sorts of cars)
Trying to save £500 a month whilst renovating and failing most months.
£120k pensions jointly.

2 DCs at uni, a horse and a dog and cars that average 15mpg and no debt other than small mortgage. I don't think we're doing too bad looking at those warning over £100k.

What do you do with it all? Lol x

[NapQueen]

36k joint income (one ft and one ft term time only)

2 dc in subsidised childcare for which I am forever grateful!

Low mortgage (under 450pm). One car. No abroad hols. No savings. We do have fun money (take dcs to cinema, go self catering uk once a year, takeaways etc).

[PollytheDolly]

Oh I forgot my £2 premium bonds since 1974

[cheeeeselover]

Thanks Dashper

[gratedcheese]

DH earns £150k
outgoings are £4500 per month bills without food, fuel or extras
nothing left from salary at end of the month
savings we are throwing everything into pensions
big mortgage
lots of debt
crap with money
please dear god let this remain anonymous !

[RedMetamorphosis]

I work for one of the Big 4, DP is a specialised engineer in an in-demand sector. No inheritance but we have been expats for the past 8 years with full package, including rent, bills, food and daily allowance. No kids helps too.

[Rachel0Greep]

a) 1m
b) 2m
c) 3m
d) 4m...

[olderthanyouthink]

1. 23k
   
2. £1300 (I think)
   
3. I put the remaining £200-300 into savings
   
4. £2441.80 - I spent about 1.5k moving out recently
   
5. I'm a web dev

[WhatIsWrongWithMePlease]

DH earns £33k and I earn £6k. Plus child benefit.
We have about £3/4k savings. We could easily save loads but we just buy what we want (within reason obviously) and our savings are just whatever we have left. I have no idea what our out goings are! I'd guess about £800 a month? No lotto wins or inheritances. Shocked at some of the responses on this thread tbh!

[WhatIsWrongWithMePlease]

Actually it's more than £800.

[sparechange]

I'm shocked people are happy to give out such information on a forum. Let's hope MN don't get hacked and they get hold of your RL info

I don't think MN have got that much person info on people though
They've got my nickname first name and my Top10 common surname, and the email address I registered to sign up with - pretty sure it will be a similar amount of info for other posters, so unless you've got a really YooNique name, and have used your work email address to sign up, there isn't much a hacker is going to get

[WhataMistakeaToMakea]

I shouldn't read these threads - they make me feel hopeless!
Earn 29k (single mum so only income). No house. No savings and lots of debt and outgoings leave me approx minus five hundred quid a month down.