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What do you save every month?

47 replies

User2000019 · 11/08/2019 10:47

Me, 250. Seems like a tiny amount though!

OP posts:
Morgan12 · 11/08/2019 11:00

Sometimes nowt. Sometimes 500 odd.

Depends on what's on that month really. I haemorrhage money though. I love spending.

Youngandfree · 11/08/2019 11:04

At the moment...nothing as we have A LOT going on. And it’s the summer. When life is back to normal at least 800 per month.

bebeboeuf · 11/08/2019 11:10

A for £250 per month
Some months is more like £500, sometimes none.
We just enjoy ourselves and don’t scrimp if we have the money available

dudsville · 11/08/2019 11:13

Whether it's a large or small amount depends on how much you make and need to spend on living costs. I save between 1/3rd and 1/4 of my monthly take home pay.

dudsville · 11/08/2019 11:14

I try to scrimp to save more as I want to retire early, but I do have a shopping problem and it's reared its ugly head again this year.

Lovemenorca · 11/08/2019 11:21

Yes perhaps it is tiny. It all depends on your income! £250 on a £250k income would be peanuts. On £25k, not bad.

My monthly income all in £4.5k
Save about £400 excluding pension.

marblesgoing · 16/08/2019 04:16

At the moment a big fat zero Blush

From April to July all kids have birthdays and family holiday and then August uniform bills. Plus house stuff (washing machine needed replacing)and now tumble dryer broken however have decided not to replace dryer to save on electric bill.

Normally I try to put bak about £200 a month in various accounts.

firstimemamma · 16/08/2019 05:00

£75

caringcarer · 16/08/2019 05:33

We both have salaries, which ate similar, paid onto personal account, them both transfer 1k each month into joint account. We also have b2l money paid into joint account. We both have personal spending for mobiles, gifts, lunches etc. I save far more than dh as he is more generous and often treats whole family to meals out, cinema, theatre or sports tickets etc. I tend to save more each month £500 but then spend on expensive holiday or pay across into French bank account so we keep good supply of €'s. My dh only saves about £200 per month or even less. We both pay extra pension though and I do have over £18k savings for emergencies dh has less than £6 as just spent some of Jos on repairs to car.

inwood · 16/08/2019 05:37

£0. I've got a huge pension and life insurance so my husband will be £££££ if anything happens to me.

Pieceofpurplesky · 16/08/2019 06:08

Nothing. I don't earn enough to save anything

Flowering21 · 19/08/2019 22:28

250,savings,500 pension, no mortgage 67,000 a year household

JoJoSM2 · 20/08/2019 09:23

Vast majority of income.

DirtyDennis · 20/08/2019 09:27

We have about £3,500 left at the end of each month which goes on house renovations or over-paying the mortgage pretty quickly so we don't have much actually in savings.

LoubyLou1234 · 20/08/2019 09:27

I try and save between 300/400 a month. I earn £23,000. This goes towards long term savings, holidays, home improvements and yearly bills though. I have no credit apart from mortgage.
At the end of the month I may have a little more to save out of my spending money.

BuzzShitbagBobbly · 20/08/2019 09:27

I save about 2/3rds, possibly 3/4, of my salary.

But by saving I mean actual savings for things like my regular car servicing/tax/maintenance costs and holidays, to a "piss it up the wall" fund; to the overpayments I make on my mortgage; and pension contributions which far exceed what my company matches.

Ellabella989 · 20/08/2019 09:28

Usually about £400 into ISA and £200 into private pension. Can’t afford to save much more than that while paying off the mortgage.

LoubyLou1234 · 20/08/2019 09:29

Oh I pay into Nhs pension out of my salary and overpay the mortgage by £100 too.

Zenithbear · 20/08/2019 09:35

I saved at least £500 a month for years. I have enough savings now so not saving any atm. Instead I am enjoying myself and selectively spending some of them here and there but keeping the majority for early retirement.

LemonPrism · 20/08/2019 09:55

200 a month. Not tiny when you earn 20k

SciFiScream · 20/08/2019 10:51

It depends how you categorise "savings". I save £10 per month that I consider as "savings"

But I also save
£50 per month for Christmas. Not real savings though as spent annually! That's the way my brain thinks of it Grin

I save £32 into a pension

I also save into an employer's pension but that gets taken before I receive it so it doesn't feel real.

When I freelance I save for my tax and NI bill. Not real savings either not real savings as destined for aforementioned bills

Sometimes I might be able to save an extra £50 as real savings.

Not very much really.

TravellingSpoon · 20/08/2019 12:47

Not including my pension which I save 10% of my earnings and my employer matches 6%

£100 a month into an ISA and £200 into our holiday fund.

I am on a low wage so I have to work really hard not to spend to be able to do that.

Oblomov19 · 20/08/2019 12:49

We don't save anything. Blush we spend what we earn.

squee123 · 20/08/2019 12:54

We don't save as such as we already have a reasonable cash cushion. Instead we overpay our mortgage significantly. We probably overpay about 50% of our combined income a month, but then we are both high earners so can cover standard mortgage and bills from under 25% of income leaving is with 25% to play with.

I'm aware we are very fortunate. Before I earned so well I rarely managed to save anything

ArtisanPopcorn · 20/08/2019 12:59

About £600 between me and DH plus £300 per month overpayment on the mortgage but this overpayment will go down a bit when we buy a bigger house soon.

We also both pay into a work pension.

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