Didn't realise you could go direct and thought you had to buy vanguard through a company like iii. Nice! I'm going to start funneling some cash in...
How much do you save a month?
- Thread starter SideWinder
- Start date
Soldato
- Joined
- 29 Jul 2013
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- 8,602
About £500
Caporegime
From my brief reading last night it's only been recently where you can go direct with them, anyone who wants to do it through Halifax you can pay the same 0.22% rate and there's a workaround where it only costs £2 to buy funds instead of £12.50.
Yeah, they've only allowed you to go direct (with sub £100k) recently. It was what made me pull the trigger.
hl is 0.22% and no cost to buy, also has far more funds and stock markets available than going direct to vanguard.
going direct seem to undermine the entire point of having a diverse portfolio.
Caporegime
Yeah I looked at hl as well, simply went with Halifax as I'm already with them and looking to put large amounts in infrequently rather than monthly.
Man of Honour
Yes of course I totally agree, however I think some folk go way over the top of not enjoying life whilst still young, I've lost count of how many people I know have died just before retirement
You're right of course. But having gone nuts in my early 20s it was time to become a little more wise. I'm in a fortunate position that I can save, and enjoy things like holidays etc... but I'm far from frivolous because I just want to make sure I don't have to worry about if the **** hits the fan moments.
The lifestrategy is a diverse portfolio in itself. It is however a single provider of that portfolio.
As are most funds, I still wouldn't have everything in just one of them. Especially one which has a large uk portfolio with brexit on the horizon.
its also far from the only fund that does very well.
seems to be far to much this fund is doing well, jump on board without due research.
Soldato
31k is a respectable wage, I just got a new job on 30k and I'm super happy about it.
Man of Honour
Soldato
£600, excluding pension contributions.
Soldato
Really varies, because my business is very seasonal so some months it can be around 4 to 5k, other months nothing.
One of the appeals of living out in India was that my lifestyle is significantly cheaper out here.
Both of my houses over here are mortgage free, and beyond that to have a fantastic lifestyle over here (maids, personal driver, trainer, dog walker....the list goes on) costs me about 1k a month.
My biggest expense still is back in the UK where I have property.
One of the appeals of living out in India was that my lifestyle is significantly cheaper out here.
Both of my houses over here are mortgage free, and beyond that to have a fantastic lifestyle over here (maids, personal driver, trainer, dog walker....the list goes on) costs me about 1k a month.
My biggest expense still is back in the UK where I have property.
Soldato
Not enough.
I earn a reasonable wage (~£40k) but somehow manage to burn it all before months end.
I live on my own and have a mortgage. I have 2 girls with my ex which I pay for, I spend a lot on them to be fair but not so much that I shouldn't be able to save anything. I literally spend money like water. There is absolutely no reason why I shouldn't be able to save £400 - £500 a month and really need to do something about it.
I earn a reasonable wage (~£40k) but somehow manage to burn it all before months end.
I live on my own and have a mortgage. I have 2 girls with my ex which I pay for, I spend a lot on them to be fair but not so much that I shouldn't be able to save anything. I literally spend money like water. There is absolutely no reason why I shouldn't be able to save £400 - £500 a month and really need to do something about it.