FabSwingers.com forum: Are you good at saving money?

By *hagTonight OP Man
43 weeks ago

From the land of haribos.

I would say that I am good at saving money.

I dont just buy things irresponsible, or spend the wage all at once, or spend a lot just because there is a sale on, you can say that I have perfected the difference between the needing and wanting component.

I would say that know between the needing and wanting is a game changer.

It would be interesting to know if you are you are good at it?

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By (user no longer on site)
43 weeks ago

No I love spending to much

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By *sWyldWoman
43 weeks ago

Edinburgh

I'm terrible at it. Always have been

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By *stellaWoman
43 weeks ago

London

Nope.

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By *aith SkynbyrdWoman
43 weeks ago

Somewhere else

Don’t need to. I’m a prolific gold digger… maybe

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By *eliWoman
43 weeks ago

Yes. Kind of. I think my childhood experiences mean I'm far more aware of how important it is to save. You've got to find the balance. Living vs saving.

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By *arkus1812Man
43 weeks ago

Lifes departure lounge NN9 Northamptonshire East not West MidlandsMidlands

Yes

Scrooge is my middle name

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By *ora the explorerWoman
43 weeks ago

Paradise, Herts

Not really. I’ve always been a bit “live for today”. Kinda regretting that now I’m knocking on a bit

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By (user no longer on site)
43 weeks ago

I was told recently you need to have 3 months worth of wages saved or running costs.

So if you lost your job you could still pay everything and hopefully find another in that time frame

For me im one of life’s great fritterers!

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By *nkedguy777Man
43 weeks ago

Manchester

No not atcall,I'm terrible at spending money, especially on clothes

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By *empest2KMan
43 weeks ago

Derby

I used to be really good at saving money, but the cost of living and swinging (which is expensive for me as a single guy) sure put a big dent into my savings. But I've recently had a change of job with a slightly higher salary, so hopefully I can start putting some moolah back into my savings account again

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By *onameyet2Man
43 weeks ago

chorley

Hardest lesson to learn on retirement is that the rainy day you were saving for is here, so stop saving and start spending

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By *ymAndIcedCoffeeWoman
43 weeks ago

Worcester

Yup. I “pay myself first” into my savings accounts every month as soon as my pay drops. It’s automated so I don’t even need to think about it.

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By *ymAndIcedCoffeeWoman
43 weeks ago

Worcester

"I was told recently you need to have 3 months worth of wages saved or running costs.

So if you lost your job you could still pay everything and hopefully find another in that time frame

For me im one of life’s great fritterers!

I would lean towards six to nine months if you’re a single income household with a mortgage. I’m currently aiming for a year of saved expenses.

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By (user no longer on site)
43 weeks ago

I used to be, but not so much now... The more I have, the more I seem to spend

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By (user no longer on site)
43 weeks ago

"I was told recently you need to have 3 months worth of wages saved or running costs.

So if you lost your job you could still pay everything and hopefully find another in that time frame

For me im one of life’s great fritterers!

I would lean towards six to nine months if you’re a single income household with a mortgage. I’m currently aiming for a year of saved expenses."

I did think 3 was low, but it’s still a daunting figure when you think about it

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By (user no longer on site)
43 weeks ago

Interests rate hit me middle of last year but tucking a little bit away now when I can

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By *arlot o scaraWoman
43 weeks ago

Hell

No. I’m the primary breadloser in my household.

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By *illynillyCouple
43 weeks ago

Wiltshire

Yes we're both good at saving...to the point we are "retiring" in spring.... none of it has been luck at all...just saved...literally the good old fashioned way...gone without etc...

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By *ymAndIcedCoffeeWoman
43 weeks ago

Worcester

"I was told recently you need to have 3 months worth of wages saved or running costs.

So if you lost your job you could still pay everything and hopefully find another in that time frame

For me im one of life’s great fritterers!

I would lean towards six to nine months if you’re a single income household with a mortgage. I’m currently aiming for a year of saved expenses.

I did think 3 was low, but it’s still a daunting figure when you think about it "

Yeah and it depends on your industry as well. My ex worked pretty high up in IT and business systems. He had a habit of announcing to me that he’d quit his job, and within a week he’d have a new one lined up.

I do a much more specialist job that’s less in demand, so it could take me months and months to find a new one.

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By *adbod2godbodMan
43 weeks ago

Manchester

Up to a point.

I don't spend a lot of money....don't go out a lot, don't have a flash car (mines over 22 years old and closing in on 180k miles) don't have any branded clothing. But I try and put £100 a month away. I know it doesn't sound a lot.....but it's what I can afford and my little pot has helped me get out of some unexpected problems like a washing machine breaking, boiler packing up, fences blowing down in wind.

It's just trying to squirrel some away

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By *andyfloss2000Woman
43 weeks ago

ashford

Absolutely not no! X

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By *moothstaffspeepsCouple
43 weeks ago

Stafford

I’m terrible I spent £1k on a coat last week in the Netherlands because it was cold. Did the same in London 3 weeks earlier. Both beautiful and stylish garments mind and the old adage is “ you can’t take it with you” I love spending money on others also, probably more so nothing nicer than generosity in someone’s make up.

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By (user no longer on site)
43 weeks ago

I still pay into a crib club. £100/month from November to November. I write 12 post dated cheques and send them all across.

I get the money in November and this helps me pay for Christmas

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By *ris GrayMan
43 weeks ago

Dorchester

Very good i save £500 a week this time next year I'll be

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By *moothstaffspeepsCouple
43 weeks ago

Stafford

"Very good i save £500 a week this time next year I'll be "
£26k better off

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By *ris GrayMan
43 weeks ago

Dorchester

"Very good i save £500 a week this time next year I'll be £26k better off "
damn is that all

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By *ellinever70Woman
43 weeks ago

Ayrshire

I think it's insensitive to talk about spending being irresponsible.

There are so many folk struggling just to get buy financially. Expecting them to be thrifty so they can squirrel away peanuts feels kinda insulting

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By *ris GrayMan
43 weeks ago

Dorchester

"I think it's insensitive to talk about spending being irresponsible.

There are so many folk struggling just to get buy financially. Expecting them to be thrifty so they can squirrel away peanuts feels kinda insulting "
people should try their hardest not to be insulted though don’t you think?

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By *icecouple561Couple
Forum Mod
43 weeks ago

East Sussex

It's easy to save money when you earn more than your outgoings.

When your bills add up to the same or more than you have coming in, not so much.

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By *illynillyCouple
43 weeks ago

Wiltshire

"I think it's insensitive to talk about spending being irresponsible.

There are so many folk struggling just to get buy financially. Expecting them to be thrifty so they can squirrel away peanuts feels kinda insulting "

We were hand to mouth for a very long time...4 children, me not working, going without...once I worked we were often ships I'm the night switching shifts etc... helped the kids financially through uni, travelling etc...we literally did without, shit car, shit sofa, new clothes few and far between, no take away etc...squirreled away as much as we could... all that said, we are older etc...but, having met many people in our time, we are good with money, and people who we're "skint" mainly over spent

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By (user no longer on site)
43 weeks ago

Nope, im fabulous at spending it though!

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By *moothstaffspeepsCouple
43 weeks ago

Stafford

Extravagance it’s my favourite word

"Nope, im fabulous at spending it though!"

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By *heGateKeeperMan
43 weeks ago

Stratford

I’m currently getting better because I have a goal which was a big step. Following the Dave Ramsey Baby Steps approach which is relatively logical and easy to follow if you have a goal/plan

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By *illynillyCouple
43 weeks ago

Wiltshire

"I’m currently getting better because I have a goal which was a big step. Following the Dave Ramsey Baby Steps approach which is relatively logical and easy to follow if you have a goal/plan

That's how we managed... started a bank account 20 years ago called boat fund...literally every 20 quid at Christmas etc went in that account... once it gets bigger you just don't want to touch it

pipe dreams do come true

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By (user no longer on site)
43 weeks ago

"I think it's insensitive to talk about spending being irresponsible.

There are so many folk struggling just to get buy financially. Expecting them to be thrifty so they can squirrel away peanuts feels kinda insulting "

Yeah I’m fortunate enough that I can put some away each month, but most aren’t. There was a story last year I think, that a large percentage of people in the UK wouldn’t be able to find even £500 if they needed it in an emergency.

There’s a fine line between being saving and punishing yourself that people don’t always heed as well. No use being the richest fabber in the graveyard.

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By *icecouple561Couple
Forum Mod
43 weeks ago

East Sussex

In February we have MOT, dentist, cat vaccinations and water bill on top of our normal expenses. There's no way there's going to be anything left after that.

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By *stbury DavenportMan
43 weeks ago

Nottingham

Yes, I'm pretty good at saving money. Unfortunately there were periods in my life where I had to learn thrift the hard way. Leaving home, meeting people from more privileged backgrounds and watching them throw money around like confetti was quite an education.

It's also why I've never fallen for the trap of believing you can save your way out of poverty. You cannot save money you never had in the first place.

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By *ymAndIcedCoffeeWoman
43 weeks ago

Worcester

"In February we have MOT, dentist, cat vaccinations and water bill on top of our normal expenses. There's no way there's going to be anything left after that. "

I was due to need an MOT this month, but my car got written off so I guess I've saved money there.

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By *icecouple561Couple
Forum Mod
43 weeks ago

East Sussex

As Oscar Wilde said

'Sometimes the poor are praised for being thrifty. But to recommend thrift to the poor is both grotesque and insulting. It is like advising a man who is starving to eat less.'

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By *icecouple561Couple
Forum Mod
43 weeks ago

East Sussex

"In February we have MOT, dentist, cat vaccinations and water bill on top of our normal expenses. There's no way there's going to be anything left after that.

I was due to need an MOT this month, but my car got written off so I guess I've saved money there.

Every cloud eh!?

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By *rHotNottsMan
43 weeks ago

Dubai & Nottingham

"Yes, I'm pretty good at saving money. Unfortunately there were periods in my life where I had to learn thrift the hard way. Leaving home, meeting people from more privileged backgrounds and watching them throw money around like confetti was quite an education.

It's also why I've never fallen for the trap of believing you can save your way out of poverty. You cannot save money you never had in the first place. "

This is very true & why the best financial plans if you are poor focus on increasing your revenue and opportunity not saving pennies. The best investments are skills, education and strong families/communities.

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By *atnip make me purrWoman
43 weeks ago

Reading

no I'm very bad. I'll end up in the pauper house.

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By *a LunaWoman
43 weeks ago

South Wales

Not really, I don’t have much money left to save. I put money into savings accounts for my kids and I put some money into a Credit Union. Not much but it’s all I can afford after paying my outgoings.

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By *imply DeeWoman
43 weeks ago

Wherever

Single parent on minimum wage with school aged children? After paying my bills, setting money aside for the food and transport for the month ahead, I feel very proud of myself for not being in any debt, never was and hopefully never will.

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By *illynillyCouple
43 weeks ago

Wiltshire

"Single parent on minimum wage with school aged children? After paying my bills, setting money aside for the food and transport for the month ahead, I feel very proud of myself for not being in any debt, never was and hopefully never will."

Big well done to you... its all a juggle and you're juggling well

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By *ophieslutTV/TS
43 weeks ago

Central

I'm fairly good at saving. I'm also very good at spending

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By *ionandleopardCouple
43 weeks ago

norwich

Mr is awful and like to blow any spare money

Mrs is great and keeps me in check haha

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By *eekySweetheartWoman
43 weeks ago

Hampshire

Same!

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By *parkle1974Woman
43 weeks ago

Leeds

I was brought up with the line "if you want something then save until you can afford it" which has stuck with me into adulthood.

I'm one of the lucky ones who has no mortgage and enough in the bank to last me quite comfortably. I hate spending on myself but will happily spoil family members.

I feel for people in this day an age that some are still living hand to mouth despite working all hours etc

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By *elix SightedMan
43 weeks ago

Cloud 8

I admire those who manage to juggle so many competing demands for their hard earned money - those of you who are parents or have other commitments which use up so much of your income.

I've pretty much always been single, have no kids and I've been with the same organisation for 22 years with a couple of promotions under my belt. Through sheer hard work and dedication I now have a pretty decent role and salary; and I'm only about six years away from being mortgage free.

After saving hard for many years and so often going without (new clothes, holidays etc) it's so tempting to go nuts. But I'm going to clear the mortgage and live my 50s like the middle aged cliche i've so been looking forward to!!

To anyone struggling out there, I sincerely hope inflation drops soon, interest rates are lowered, energy becomes more affordable and the Government find ways of bringing tax relief. I get how hard it can be and I genuinely hope you are not suffering poor mental health as a result.

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By *olfandtazCouple
43 weeks ago

Bristol

I manage to save something each month, the amount depends on other expenses.

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By *ittleMissCali_MrDJCouple
43 weeks ago

wonderland.

I'm terrible at saying money as things for the cars call to me.

Cali

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By *aughty_Smooth_OperatorMan
43 weeks ago

Birmingham

Hell no what’s saving how do you do that

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By *ittleMissCali_MrDJCouple
43 weeks ago

wonderland.

* saving

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By *illynillyCouple
43 weeks ago

Wiltshire

"I manage to save something each month, the amount depends on other expenses. "

Every bit helps, look after the pennies and the pounds look after themselves...

Some months we saved nothing...some months 20 quid...it was a 20 year slog for us... camping as holidays...days out when the children were small was walks and picnics etc...

At the time I hated saying no to ice-cream for example but x 4 children and us, that was a lot of money

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By *enelope2UWoman
43 weeks ago

Fife

I'm great at it.. it's my actual career so I live to help those do better with it from budgeting to investing to how to spend it responsibly

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By *inaTitzTV/TS
43 weeks ago

Titz Towers, North Notts

Yes, but I'm lucky to have some left over to actually save. Not everyone is as fortunate.

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By *hagTonight OP Man
43 weeks ago

From the land of haribos.

[Removed by poster at 01/02/24 18:30:59]

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By *hagTonight OP Man
43 weeks ago

From the land of haribos.

"No I love spending to much

"
Yes, one can spend too much too

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By *ittle Miss TinkerbellWoman
43 weeks ago

your head

Yes

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By *iltsTSgirlTV/TS
43 weeks ago

chichester

Wealthy family so it doesn’t really matter for me .

Though I am ok with saving or not spending for sake of it .

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By *lder.Woman
43 weeks ago

Not Local

I would be if I had any.

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By *asterR and slut mayaMan
43 weeks ago

Bradford

Yep

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By *ilverjagMan
43 weeks ago

swansea

Yeah, I save it several times a week by going shopping at the times when they are about to do the reduced for quick sale items in the supermarkets. I've saved a fortune over the years secure in the knowledge that you don't get rich of the money you earn, you get rich off the money you don't spend leaving plenty spare for investment.

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By *wales_hotwifeCouple
43 weeks ago

Cardiff

Nope! I’ve got a lingerie addition

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By *wales_hotwifeCouple
43 weeks ago

Cardiff

And an addiction as well d’oh!

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By *ad NannaWoman
43 weeks ago

East London

Not as good as my family are at spending it.

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By *iger4uWoman
43 weeks ago

In my happy place

Savings go out before anything. As I live alone I need the security as mortgage and car need to be covered aa well as the others.

Have tried to buy less and sell unused stuff too.

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By *hilloutMan
43 weeks ago

All over the place! Northwesr, , Southwest

Yes I am. Then again I'm fortunate to earn well enough to be able to save reasonably well without excessive sacrifice.

Not everyone has that possibility.

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By (user no longer on site)
43 weeks ago

Yes, set up an account separate to my normal account which I save £40pcm for Xmas spending money, plus another £100pcm goes onto building society for the big hols I like to boom

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By (user no longer on site)
43 weeks ago

"I would say that I am good at saving money.

I would say that know between the needing and wanting is a game changer.

It would be interesting to know if you are you are good at it?

Do you pay rent and bills op?

As soon as my wages hit they are gone and nothing to do with saving. If I did not pay tax or rent I be better off.

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By (user no longer on site)
43 weeks ago

"I would say that I am good at saving money.

I would say that know between the needing and wanting is a game changer.

It would be interesting to know if you are you are good at it?

Plus op if I died tonight the state pays my funeral and I cannot take my money to the grave.

£1500 500 on bills and £1k on rent

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By *hagTonight OP Man
43 weeks ago

From the land of haribos.

"I would say that I am good at saving money.

I would say that know between the needing and wanting is a game changer.

It would be interesting to know if you are you are good at it?

Do you pay rent and bills op?

As soon as my wages hit they are gone and nothing to do with saving. If I did not pay tax or rent I be better off. "
Hi becs, yes. I pay that too and you are right there about not paying, but yes, there are some left to be saved after it as well

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By *hagTonight OP Man
43 weeks ago

From the land of haribos.

"I would say that I am good at saving money.

I would say that know between the needing and wanting is a game changer.

It would be interesting to know if you are you are good at it?

Plus op if I died tonight the state pays my funeral and I cannot take my money to the grave.

£1500 500 on bills and £1k on rent "
Yes becs, you are right there too, about that, if that would happen as well.

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By (user no longer on site)
43 weeks ago

Saving is really not possible with the price if things now. When I’ve had money I tend to spend it really quickly, motorcycles guitars and decent whisky.

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By *nightsoftheCoffeeTableCouple
43 weeks ago

Leeds

No, money is for spending. Plus you can’t take it with you and no one else earned the cunt.

The mr

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By *arla SwingerWoman
43 weeks ago

Somewhere

No, I live paycheck to paycheck. I obviously prioritise bills, travel for work, utilities, and eating. Not much if anything left after that. I'm glad I opted in vs out to works pension years ago. As there's a fair little pot sat there now. But currently that's all I've essentially got.

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By *arla SwingerWoman
43 weeks ago

Somewhere

"I would say that I am good at saving money.

I would say that know between the needing and wanting is a game changer.

It would be interesting to know if you are you are good at it?

I guess when the difference between needing/wanting to pay rent, council tax, having the heating on, and eating each month are the deciding factors. Then that's the issue?

Far easier to save something for a rainy day, if you have something to actually save

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By *ink and CwtchesMan
43 weeks ago

Swansea

Once you get good at it, it almost becomes addictive and you keep trying to see how how much you can get. If you've mastered the frugal lifestyle then putting money away should be easy, then that money starts to make you more money and your journey to financial freedom begins.

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By *os_GoddessofdawnWoman
43 weeks ago

In the clouds

No, but you can't take money with you... just spend it!

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By *r Mrs FuckableCouple
43 weeks ago

Stoke

"No not atcall,I'm terrible at spending money, especially on clothes "

You need a good 6 months wages in the bank, that's what I've always aimed for as a minimum!

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By (user no longer on site)
43 weeks ago

I'm an absolute tight-wad. I have savings for everything that needs to be prioritised, even to the point of grandchildren's education.

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