How much do you save a month ?

The wife and I save between £650 and £1250 each month. For the last 18 months we set a £1000 minimum target per month as we were saving for a wedding and since then we are saving for a house deposit.

The last couple of months we've got rid of the saving target as we'd rather enjoy life a little more!
 
£500 comes out my account on pay day straight into a savings account. I generally end up sticking another £100 or £200 in if I can depending on how much I've spent throughout the month. 13% of my wage also gets paid into a pension. Just recently finished paying my student loan off and had a small pay rise in work so I should be around £200 a month better off.
 
For the past two and a three quarter years I've been aiming to save 7k a year. I seem to be on target to be a bit higher than this target too which I'm happy about. Trying to save up for getting onto the property ladder. On average that works out at almost £600 a month but some are less and some are more, it is dependant on the overtime hours I work. Managed to put £2k away this month and hope to next month as well however the quarterly bills are coming up and a little work needs doing to the car so that'll see some money taken from the savings.

I was in a similar situation to Freefaller about 5 years ago but only had about £8k of debt. Once I got myself out of that and started seeing the savings account fill up I realised that I could actually save and I might be able to get myself onto the property ladder if I stuck at it. I've still had fun, last two years I have spent 5 weeks each year in SE Asia which all in has probably cost me about £4k of savings. Can't just save and do nothing else with your money though.

My tactic is on payday take the highest amount I can and put it into savings. I hate taking it out but occasionally have to take a little back near the end of the month but it does focus the mind more havings less funds in the current account.
 
I try to save a minimum of £200 of my wage, but I really need to reign in the impulse purchases as I save a fair amount up and then spend most of it on things I don't really need.
 
I save £150 a month for me and my partners wedding fund, which isn't bad for saying i work part time. And my partner saves £400, £150 for the wedding and £250 goes into her other savings account.
 
£500 going into our wedding fund, some money being used to pay off CC (cant wait to get it gone). I've got car finance which finishes in 2015, plus a bunch of other stuff so hopefully by the time 2015 arrives mrs will have a decent paying job, car finance gone and CC paid off so we should be able to put afair bit away in prep for a kid :)
 
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It is just easier to look and feel envious than actually do something about it ;)

I understand the situation to be honest, it is my own fault. My past involved a lot of my money being wasted, if I had not fallen into that life style then I would have had a lot more than I do now.

This new young lady I have been seeing said to me how much I had spent on various things over the years, and I almost cried when I worked out a rough estimate.

I could have had my own deposit for a house & an M3 by now :( But it is all my own fault and I know that. It is time to make up for it now though.
I find myself in a similar situation. I've been working for the best part of a decade, and yet I am still living at home due to my wasteful ways. I had a long phase during my late teens and early twenties whereby all of my disposable income would go on the latest PC hardware and gadgets. In the past few years that has been displaced with an obsession with cycling gear. I go through phases where I'll save ruthlessly for a few months, then spend it in a shopping frenzy; I suppose you could call it binge shopping.

Looking back over my PayPal and credit card statements almost brings a tear to my eye; had I saved even half of what I'd squandered on PC kit, I'd be able to put down a sizeable deposit on a place of my own. The only really worthwhile "big ticket" expenditure I've had was getting my eyes fixed - that was £2500 well spent.

As you say, though, the most important thing is to learn from your mistakes and make up for it in the future. I like richyfingers method of having money transferred to a savings account on pay day, so I am going to do the same with half my salary, then top it up with whatever I haven't spent at the end of the following month. I figure putting the savings into an account that has a notice period for withdrawals will help me resist the temptation to dip into my savings - if I'm forced to actually consider my purchases then I should be able to avoid the wasteful impulse spending I've been prone to over the years.
 
60%ish of my monthly wage at a guess.

Possibly a bit more, depends what I have on each month. I try to have at least £500 in my current account as a buffer, if I get to a couple of days before the next pay day and I have more than £500 in I transfer all that over to my savings account too.
 
I try to save as much as possible a month, working 39 hours on 6.40 an hour and having outgoings at about £600 a month. So some months it's £400ish, then it can drop to £100 if my hours dip a bit and some work needs doing on my car or whatever.
 

what's there to lol about? quarters are a standard and frequently referenced period of time, esp in business, e.g. my bonus structures are based on a 3 month performance window.

would you 'lol' if he'd said "I'm getting married and plan to move into a new house ~ Jan to March time" ?

:confused:
 
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