To feel like having £2000 in your bank account

[JollyLilacGoose]

Is having no money as it can go so quickly

I currently have £132.87 in my bank account to last until the 26th and I have to buy a tyre for my car, although I do not need to buy groceries and money my bills are paid. The only day when I have £2000 in my account is payday.

Having a £2000 cushion sounds amazing. I recognise that it's all relative and my lifestyle modest, but that £2000 would help me feel more secure.

Yup.

As a young, single, childless person in a houseshare, it did for me very well. Married with a mortgage and two children, it wouldn't go far here (although obviously there are people who manage it).

Read the room!

So many people are struggling with debt and poverty.

I can only imagine your thread is a nasty little wind up.

Depends. On payday, at the end of the month, in addition to savings?
I agree it's not much and can go in a blink, especially if you have a car or are a home owner.

ACommonTreasuryForAll
Eh? What exactly can it 'go' on 'so quickly'? How would £2,000 ever feel like nothing?
2000 definitely not nothing to me but my mum’s roof fell apart, we’ve had our apartment have plumbing issues (boiler), also toilet stuff, car has broken down but properly in the garage for weeks then 4 grand bill. So huge but yes out of the ordinary things!!

Before or after bills?

I don't think I've ever had the much in my bank account but I'm.a TA so don't make a huge amount. Any above my overdraft I consider a win !

Tbf @Harrietsaunt i started a thread a little while back and specifically stated it was for those who are broke etc…apparently not many on here are broke and struggling.
I remember being so so broke and I realised that every money thread was taken over by high earners, so I started it. I am not a super high earner even now compared to some, but yes,I earn way better now for sure!

I don't understand the context of this.

Can you explain?

Why £2K

Why not £100K?

A £ million?

Clearly OP had had a row with someone and wants support here.

What a weird post- 1 post and runs.

a few big bills for the boiler and car would definitely eat it up.

Recreationally though, it's always easier to spend money than earn it. So there is freedom in realising that you always want something and everything in the house was once that shiny new toy. Craft is my biggest example of that. I've got ££ in materials that I'm now using or selling and it is scary to add up how much I've spent over the years and to realise it used to be money.

My current wish list is:
Spa day
Dyson Airwrap
Alarm clock radio
Heated throw
Smaller stall like books, cookware, homeward and bedding.
Dinner out and a few day trips.

Could easily spend £1k on that lot.
I also want a few weekends away and holidays.

But then I'll want something else. So yeah, it can also go quickly if you spend it!

I have that ‘in’ my account after pay day.
By the first I have less than £400 so you I know what you mean. It disappears before you’ve ‘done’ anything with it!

Missing the point of the thread but £110 on jeans…wow.

Depends on your situation and outgoings. There will be people reading this thread who can only dream about having that much in their bank account. Others who would be feeling twitchy if that’s all they have. The perceived wisdom when I bought my first house is that you should aim to havw at least 3 months outgoings in your savings. .ive always lived by that and it saved us when DH was made redundant, covered outgoings til he was working again and then we saved to rebuild
tnat safery net

That was two pairs and I got a 10% student discount so I thought that was great 😂

2000 in savings or 2000 on payday before the bills are paid?

Same here! And electricity bill still needs to go out! 😫

Like others have said, joint account on payday... bills ain't getting paid, day before payday, bonza, thats going into the savings for a holiday, or more likely repair costs for the car. I swear that things sniffs out when we have managed to save a bit of money and goes wrong 🤦‍♀️

Yes but the OP is not telling us the context. Is it £2000 going into account to cover all bills and expenses or is it £2000 in account left after bills have been paid?

£2000 is only 2/3 of our monthly outgoings to survive, eat, pay bills, use the car etc. But if it was after that I’d feel good.

All of our bills, mortgage and food come to about £1700 a month, but the other £300 would probably get eaten up by other things (kids clubs, clothes etc) So in the context of my life it isn't a huge amount but it would do. If it was all I had in savings I would make adding to it a big priority.

If you usually have less, it is a comforting amount.

If you usually have less, don't let it burn a hole in your pocket.

£2k takes an awful lot of time to save, but can disappear with just one or two emergencies.

So once you've got it, it may feel like nothing, but if £2k is out of your reach it feels like a fortune.

how is it wow? people are allowed to spend their hard earned money on what they like.

No, “no money” is literally nothing, 2 grand is still 2 grand. Why are you asking?