How much do you have in savings?

[Mum8929]

Husband and I have a small emergency pot but need new cars and worried we’ll be left with almost no savings. How much do you have in savings?

There's about £3 in my change jar

A 1kg gold bar like you see in films is about £50,000!

About £600 but like other PP the fact I have anything saved is a miracle. Spent a lot of years over drawn with no financial intelligence.

About a years worth of net salary. I’m quite a nervous person though and worried about job security. I earn a good amount currently but massively doubt my ability to ever earn this much again so trying to shore everything up while I can.

Haha no. I wish. My DP makes jewellery and buys precious metals. He has some gold coins which he saves for a rainy day.

I have a reasonable amount of savings (a years salary) but I won't touch them. I'll NEVER get that money back-it's from a one off work bonus plus a little bit left over from moving house.
Day to day I'm quite skint but I do try and put a little bit of money aside each month for Xmas, birthdays and one holiday. I do that from my wages.
I'm a single parent so once the pot of savings starts getting dipped into, there's nothing else to replenish it. So I ignore that it's there.

Honestly, it baffles me that people DON'T own gold.
Governments around the world are simply typing numbers into computers to 'create' money.

Plus the price of gold hasn't dropped in a long while.

£98k , next month will reach target

We recently paid off the mortgage and bought a few things, so don't have as much in savings as we used to. I currently have about £1,500 and DP has £10,000 - mostly in crypto that's a long term investment, hence the discrepancy between the two of us, as he put money in years ago and it's skyrocketed in value whereas I put mine in Premium Bonds haha.

The good thing is, we are both 100% debt free and are now able to save a large portion each month, so within the next year we will probably have around £30k between us - more if the crypto continues the way it has.

£100 and it will be spent over the weekend! 😬😳

£0

Zero

Just shy of a years salary for me. I don't touch it though and I wouldn't use it for a car. It's there for emergencies.

£700 and that’s only because I’m saving for a deposit and first months rent so that we can move in the summer. After that it’ll be back to zilch

Unless you're asking me, or any other Mumsnetters to give/lend you our savings, I don't see how the amount is relevant.

Our circumstances in terms of life stage, job security, need for new cars, ease of covering essential and discretionary expenses and a whole load of other relevant factors, will almost certainly be different so whether I have £1, £1000 or £100k in savings will have absolutely no bearing on when it is sensible or complete madness for you to spend the bulk of your savings on new cars.

I have 6 months wages saved up.

I'll feel better when it reaches 12.

6k, we did have more but we are renovating a money pit!!!!!

£1k in my personal savings and £7.5k in joint savings with DH. It would be more but we've just leant £5k to BIL who'll pay us back in a few months.

About £20k savings but own another property (mortgaged) which is our safety net should anything go very wrong! About £150k of equity which we don’t need to touch atm.

Zero. I can't even afford the basics, let alone have spare money.

currently around £4,000. but am focusing this year on savings.

we've just done a load of home improvements which should help us out with bills (solar panels and home insulation).

my aim by Christmas is to have about £10k saved. then we focus on the pension pot. which should be bigger than it is.

About £400 in my instant access account, and about £4k in premium bonds for bigger expenses (boiler/car needing replacing, roof starting to leak, redundancy or equivalent)

Bit depressing really.

Around £5k in cash savings. We have more in S&S ISAs.

I could pay everything for about 4 months. But I have to keep diping into it, so it's depleting not growing.