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How much do you save each month?

54 replies

glastomummy · 23/01/2022 22:08

Bit of a random one... I am trying to get my partner to get better with money and saving. We have decent salary's - me £58k and him £50k - neither of us are great with money but I have worked hard to get out of debt, my credit score is good and I am saving each month. He still has debt and his credit score is dreadful! I do often wonder how my friends always have so much money - some earn similar to us but some much less. I know it depends on circumstances/outgoings but I wondered how much people save each month/how much you earn. I am pregnant and I want us to get into good habits before the baby comes. I also want to buy a house as we are still renting. TIA x

OP posts:
Pinetreesfall · 26/01/2022 11:05

@D0lphine yup!
Childcare averaging £1200, rent just shy of £1000, council tax £200...you can see where it goes!

D0lphine · 26/01/2022 11:43

[quote Pinetreesfall]@D0lphine yup!
Childcare averaging £1200, rent just shy of £1000, council tax £200...you can see where it goes![/quote]
I hear you!

Sounds like a lot then it goes pretty fast! Hopefully when your kids get to school age you can start saving significantly again. Just an expensive few years!

ablisha · 26/01/2022 19:03

[quote Pinetreesfall]@D0lphine yup!
Childcare averaging £1200, rent just shy of £1000, council tax £200...you can see where it goes![/quote]
I feel your pain

historically2 · 26/01/2022 22:31

Combined monthly income of £3,500 and we save about £1,000 a month. Some of this is for mortgage overpayment, but most is for short term savings tbh (holidays)

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