To ask how much you have in savings and what you are saving for?

[Watermelonade]

Before anyone jumps on me, this is not a boasting thread. A few years ago we had nothing and felt like we were drowning, so now I am very cautious with money and save, save, save.

I have 8000 which is strictly for emergencies and is never touched.

Then I've just started a holiday fund which has a small amount of 550 in it.

What about you?

At the moment I’ve got fuck all savings atm. I bought a new and bigger house in 2019. Spent my savings on renovating the house. Then got pregnant then lockdown happened and had a baby in lockdown 1 and lost my job and my car went kaboom and had to be scrapped. I’ve now got another job (earning 20k less) and a small old car to get to work.

Priority atm is paying off debts and saving up a £1,000 emergency fund.

Don’t want to say how much, but our joint savings are for us to extend our home next year. Still adding to the pot at the moment because it’s going to be a fairly big job so we want to make sure there’s enough to just keep the job going continuously with no hold ups. Have seen a few house builds etc in our area that have dragged on for years & years because they have run out of money. I don’t want that to happen to us.

I don't like posting exact figures, but enough to buy 2 new (new for us, second hand) cars within the last month and do a few home improvements recently, as well as keeping adding to savings for us and our son each month.
It's mainly through lifestyle choices and a little bit of luck. Luck in that we're both in very secure jobs that we'd be extremely unlikely to lose and weren't affected by lockdowns, etc. But we save most of the money we get, including anything for Christmas/birthdays, and don't buy a lot that we don't need. For example, we could buy a new car outright, but we'd both prefer cheaper, older second hand cars in good condition, for less money. We do buy some things that aren't necessary (clothes, video games, takeaway, etc.), but we limit it.

@Waferbiscuit

As a single person all this post tells me is that I need a husband to have any proper savings.

Really this is just evidence that women's wealth really comes from men. Sad but true.

I'm single and £0 of my £14.5k comes from men!

A lot. For my future and that of my disabled son. Mostly inheritance.

About 11k but saving for new bathroom for this year and kitchen for next. Hoping to have 20k put away by end of the year after paying for the bathroom but that will drop after the kitchen is done so will need a big savings push as I don’t like being under 10k

4 billion, not sure what to do with it. But I couldn’t sleep at night if I didn’t have at least that much put away for a rainy day.

100 k.
Trying to save for a deposit on a house.

@Waferbiscuit

As a single person all this post tells me is that I need a husband to have any proper savings.

Really this is just evidence that women's wealth really comes from men. Sad but true.

I wouldn't say that's the case at all.

Obviously I'm only one piece of anecdotal evidence but I have five times the savings of my partner.

Mine certainly doesn’t come from men. It’s my money

Currently £10.61

0% of my savings (and of my deposit which I used to buy a flat) come from men.
Actually the only penis owner in my flat costs me more than he brings, but it's a dog so I guess my expectations have never been really high.

60K sitting for when we move house, aim to upgrade but pay the difference in cash in a couple of years, was going to be a couple years ago but surprise third baby put a stop to that as want next house to be after the toilet training/scribbling on walls stage.

£60 direct debit a month that goes in the christmas fund, did this last year and december was a dream for budgeting this time.

@UsernameSpoosername

4 billion, not sure what to do with it. But I couldn’t sleep at night if I didn’t have at least that much put away for a rainy day.

Really? You must be concerned that's not enough - I've got at least 6 billion in the bank, plus my investment properties. It was not liking avocado toast that did it for me.

£15 saving for Christmas 2021

@Waferbiscuit not in our case. Our six figure savings are predominantly from my work bonuses. DH has been unemployed for over a year, we're living on my income. I would/have never relied on a man to provide my financial security. I watched it go badly wrong for my mum.

I now have £13k and £1k in a stocks and shares ISA. Planning to move house and have about £30k equity in our home currently. Will be putting £50 aside each month for Christmas 2021 too. Money is a little bit gifted and mostly saved it's been hard to sacrifice my immediate wants for the future. I am 29 with one child.

I have accounts for the following:
3 months take home pay
Emergency
Christmas /birthdays
House
Car
Children
Holidays

Some are healthier than others

I have roughly £15k. It's to go towards deposit on a new house, and also living expenses (SE work not quite stable right now)

I’ve saved 15k in the last year for a house deposit

My 15k is all from me too, not a penny from a man

I didn’t have a man help me to save either

In fact my exh was the cause of great debt thanks to his drinking and gambling

During lockdown DH and I have become mortgage free and have no debts. We are both in fairly secure jobs and have plenty of spare income each month to squirrel away. We have about 40k in actual savings and we're giving that to our DC for house deposits.

Our savings are joint, but I brought mine to the relationship and we contribute equally now.
In fact my ex, who earned more but wasted all his money, used to scream in my face at times that I was responsible for supporting him and he was entitled to use my savings since every month, he'd spend his money on crap and not have enough to buy food. So glad I listened to my instincts and made sure he couldn't get that money, and got out of there.