How much of a problem would you consider this bill to be if you have this amount of money?

[Justwp]

If you had 60k in savings, which are added to by around 1k a month, to what extent would you consider it a problem to pay out 7k to fix something in your home? Not cosmetic, actual work that needed to be done.

Would it ruin your day? Feel a bit shit? Would it not bother you at all?

I would consider it exactly what savings are there for and not bat an eyelid.

@DappledThings it wouldn’t bother you in the slightest?

That’s what savings are for.

It’s needed and in 7 months you will have replaced it.

Bit shit bit happy I had the cash to do it

We are going g to need to shell about about 10k this year on house maintenance stuff

It would be mildly annoying but that's what savings are for.

I'd also consider it as simply what the savings were for. If I'd mentally earmarked some of it for something else and the bill put that at risk I would be frustrated though, yes.

What else are your savings for? Surely they are for things like this

if it needs doing then I would spend the money

It’s a lot of money, over 10% of savings and more than you can save in six months. I’d feel a bit shit. Especially if it’s a HAVE to do job which are generally boring and messy and not something to look forward to and save up for, I would much rather spend it on something lovely and cosmetic. We had our playroom transformed last year and it’s a pleasure to use every day now, whereas spending the same on a new roof or getting the house re rendered or replacing blown glass wouldn’t have the same every day “oh I’m glad we did that” pay off.

I would also feel really lucky and thankful to actually have the money to do it though, even if it’s not what I actually wanted to do with the money.

Definitely not a problem in those circumstances. Sometimes a pain having to get work done but not the money part when it was clearly affordable.

We have had a similar scenario recently. Obviously, we’d rather not pay the money but the thing that needs fixing also really does need fixing so that’s life really.

Something to be expected.from time to.time and budgetted for.

Eh?
You need something fixed
You will have savings of 53k after fixing it.
What is the problem? Who says it is an issue?

I’d be a bit gutted, particularly it was something that I couldn’t see and enjoy say like a roof. But I’d be so pleased that I had the money to fix it.

Depends what the savings were for - if they meant that you could retire this year rather than next it would be very shit

if iy meant you had to delay buying a home it would be very shit

although even if it meant you just had less savings it would feel quite shit, just not as shit as in some other circumstances

I would probably say:-

“Oh what a bugger. Shittidy fuckity fuck”.

And then just be relieved that I did have the money to fix it and get on with looking forward to it being fixed.

I'd be pretty pissed off that I couldn't spend the money on a holiday.

A bit grumpy at having to pay £7k to fix something but I’d think at least we have the cash to hand.

I mean, I never enjoy using a chunk of my savings (even on something nice, it's disappointing to see the numbers go down) but I'd be very thankful that I had savings that high, and I'd always assume that my savings were at least in part for emergencies, repairs etc?
I would love it if my savings were just future fun money, but that's not how (my) life works!

I would feel relieved that I had money to fix the issue. A far worse situation would be to have to do a repair and have no money to pay for it.

If something needs to be fixed and that is the cost then I would go straight ahead and pay it.
If it was something that I was choosing to have done and didn't want to touch my current savings, I would delay it and earmark the next year's savings to pay for it.
At the end of the day, that is why we save.

I hate spending money on dull things like roofs / boilers so yes I’d be annoyed as I always compare it to what a fab holiday I could have had instead! I think I’d feel like that with 300k in the bank

My savings were a third of yours and we needed a new car so 8 grand went to pay for one. You are being ridiculous and be thankful, like I was, that the money was there.

I would imagine how my younger self would coped before having the means to pay and be very very thankful that I'm no longer in that awful situation.

There’s another thread currently running where someone is saying they need their roof fixing, which will cost £10k, and they only have £3k in savings. So in your scenario I’d be very temporarily peeved that I have to spend £7k, then bloody grateful that I can spend that.

Wouldn’t bother me at all, I’d be very happy in that position.