How much money did you put away each month for a deposit?

Discussion in 'Home Life & Finances' started by MamaJay, Apr 14, 2016.

  1. MamaJay

    MamaJay Well-Known Member

    Joined:
    Jan 20, 2016
    Messages:
    73
    Likes Received:
    0
    Just curious as weve just started saving and we put away 800/1000 per month. How long did you save for? Were hoping 10 months time we will be ready....
     
    #1 MamaJay, Apr 14, 2016
  2. flexilexi394

    flexilexi394 Well-Known Member

    Joined:
    Jun 29, 2010
    Messages:
    7,045
    Likes Received:
    5
    That is an amazing amount of money to put away! Well done!

    I can't wait to start saving for a mortgage, I have about £500 saved so far lol and that is for life after baby is born! xx
     
    #2 flexilexi394, Apr 14, 2016
  3. MamaJay

    MamaJay Well-Known Member

    Joined:
    Jan 20, 2016
    Messages:
    73
    Likes Received:
    0
    Were just going to save like crazy. Hopefully by christmas we can start looking into mortages. Fingers crossed ot goes to plan
     
    #3 MamaJay, Apr 14, 2016
  4. flexilexi394

    flexilexi394 Well-Known Member

    Joined:
    Jun 29, 2010
    Messages:
    7,045
    Likes Received:
    5
    How exciting, I would need £40,000 plus to buy where I live as me and my partner could only get a £150,000 mortgage between us so we would need to save about 40 grand before we even start asking for a mortgage!

    Good luck, I would love to be in your position!
     
    #4 flexilexi394, Apr 14, 2016
  5. NatM

    NatM Member

    Joined:
    May 5, 2016
    Messages:
    5
    Likes Received:
    0
    You're very good at saving! Don't think I could manage that :0 when I was saving for a place me and my husband contributed around £200 each a month. It was tough but helped us move quite quickly!
     
    #5 NatM, May 6, 2016
  6. fairyprincess

    fairyprincess Well-Known Member

    Joined:
    May 28, 2015
    Messages:
    2,969
    Likes Received:
    0
    We were lucky enough to inherit our deposit and we used £20k and then some towards fees and furniture etc. My friend who is currently saving is aiming for about £15k so with the amount you're saving each month you're doing really well! x
     
    #6 fairyprincess, May 6, 2016
  7. Aqu

    Aqu Member

    Joined:
    Jul 11, 2018
    Messages:
    9
    Likes Received:
    0
    depends of month. Sometimes 1000 and sometimes 100.
     
    #7 Aqu, Jul 11, 2018
  8. newbornprops

    newbornprops Member

    Joined:
    Sep 5, 2018
    Messages:
    6
    Likes Received:
    0
    depends of month. For example August: £900.
     
    #8 newbornprops, Sep 27, 2018
(You must log in or sign up to post here.)

Share This Page

monitoring_string = "3ca4edba3412280d6602cbcfe1cd5847"
Toggle Width
Style
Pregnancy Forum
Pregnancy Forum
  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.
    Accept Learn More...
    Dismiss Notice