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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To aim at saving 30% of my salary?

26 replies

NamChangeAgain · 27/05/2018 08:59

I just got a new job that could in theory allow a better lifestyle. It is a consistent salary increase from my previous job.

Yesterday night I was out with my sister, and she couldn't believe that I am not planning to use the increase in income to buy a car (I don't have one), or move into a better place, or go on a nice holidays. Instead I am planning to save 1/3 of my income for savings, investments and pension. This setup still allows me to have what I think is a good quality of life, albeit with an eye on budget.

Don't get me wrong, I am very happy with this new job and the financial increase that it brings, but I am not that interested in upping my lifestyle so that it "matches" my new salary. Instead, I am actually quite excited about the possibility of saving more money and building financial safety for my future.

I am single and 29, no DC yet. I think one day, if and when I will have a family, having a good amount of savings will be helpful for all sorts of reasons (buying a house, maternity leave, crazy expensive childcare, and so on).

So AIBU to be boring and just save what I can without "living life more" as my sister put it?

OP posts:
callmemaybe8 · 27/05/2018 15:18

I would save the money for a house deposit.

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