Automated saving

Snash · 26 Dec 2006 at 19:25

I wish I had some spare to save but unfortunately wife and children take almost all of it and some more

kinggost · 26 Dec 2006 at 21:22

Snash said:
I wish I had some spare to save but unfortunately wife and children take almost all of it and some more

I kno what you mean my little one make me skint every month

Duke · 26 Dec 2006 at 21:25

I save 60-75% a month.

big_white_dog84 · 26 Dec 2006 at 22:02

kinggost said:
ive just got offerd some shares with the company i work for at 30% off what they at this present time. So i will be investing in that for the next few years

Sharesave schemes tend to be quite profitable, but don't rely on them to provide an anticipated amount at the end of the period. IIRC you can't get back any less than you put in (just take the cash back instead of the shares, but a lot of people at one of my old jobs had overstretched themselves on the basis of the share-price towards the end of their savings period, only to find them collapse just weeks before they could cash them in.

kinggost · 27 Dec 2006 at 18:36

big_white_dog84 said:
Sharesave schemes tend to be quite profitable, but don't rely on them to provide an anticipated amount at the end of the period. IIRC you can't get back any less than you put in (just take the cash back instead of the shares, but a lot of people at one of my old jobs had overstretched themselves on the basis of the share-price towards the end of their savings period, only to find them collapse just weeks before they could cash them in.

i know im not gaurenteed to get much but anything better than note. The bloke i work with just got 13k for payin in £25 a month over 5 years. T he share price was rwally low then but hey ill get back least what i paid in

Rotty · 27 Dec 2006 at 18:39

I save about 10% of my base pay into a share scheme ( about 5% of total pay )

FrostedNipple · 27 Dec 2006 at 18:45

i dont have a job, and parents dont pay me but i have a £40 a month income

no its not the dole!!!

100% saved

ok if i want money i ask parents hehe but i spend most my time gaming and educating my slef for tests at skl

[TW]Fox · 27 Dec 2006 at 18:48

I want to save but instead put most of my income into the bottomless pit that is running a car

I'll save properly after Uni though. At least, I tell myself that. I used to be very good at it..