What are you doing with your money

lost_in_thought

Haven't worked since April, mostly through choice and a sudden realisation that I didn't want to stay in the rather lucrative industry I had been in for 7 years.

Have started an MSc, really ought to make some effort to find part-time work, but have plenty stashed away thanks to previous lucrative job. Soooo.... none of the above really! I'm actually surprisingly good at thrift when the mood takes me.

NGale

trying to pay off debts, although in a few weeks time my income will be officially zero with bills still left to pay.

The Real Radioactiveman

Had been saving a deposit to buy our next house(switched to rental) however I am now spending a fair bit of what I have saved in the last year on private healthcare to fix her knee so she can get active asap as oppised to waiting until next millenium on the nhs.

de_sisti

OP, what about another choice?: "All of the above"

dhope

lost_in_thought wrote:

Haven't worked since April, mostly through choice and a sudden realisation that I didn't want to stay in the rather lucrative industry I had been in for 7 years.

Have started an MSc, really ought to make some effort to find part-time work, but have plenty stashed away thanks to previous lucrative job. Soooo.... none of the above really! I'm actually surprisingly good at thrift when the mood takes me.

So that's why you've not been posting, you're spending the days having lunch

greg66_tri_v2.0

lost_in_thought wrote:

Have started an MSc

in?

oscarbudgie

Did DDD really use the words 'cash rich is the aim' and 'pending baby' in the same post?

lost_in_thought

Greg66 wrote:

lost_in_thought wrote:

Have started an MSc

in?

Psychological and Psychiatric Anthropology.

I know, right?

godders1

At the age of 35 I've finally worked out how to manage my finances (sort of) and am earning reasonable money so have just about paid off debts I amassed through my twenties and am now for the first time saving.

The target is to have my own property by 40.

Anonymous

I've given up on completely clearing my debts, if I do I feel rich and rack them up again. I know this is daft.

So now I keep my self about £1000 in debt to act as a warning to myself. Like I said, I know people will think I'm daft, but it works for me.

I had a bit of luck with some shares I brought three years ago for less than £5 and are now worth £17, so I'm treating that as my savings. Although, I'm still saving a £100 a month just to have a little safety net

So I'm now going to do a shed-load of over overtime to make sure I can pay for a decent Christmas without dipping in to my savings or going more in debt.

First.Aspect

SimonAH wrote:

Currently farked.

Two houses. The one I'm trying to sell has no tenant ergo I'm paying two mortgages with no income to offset one of them. Plus two loads of council tax, insurance etc etc et'kingc.

Struggling through to month end seems to be my lot at the moment.

The only good thing is that my debts (non property related) are very small.

To say that Christmas and a massively dense birthday period over the next couple of months is not a prospect that I gaze upon with great longing.

Still, mustn't grumble

Indeed. You have two houses. It could be worse.

Besides, why not take an interest only mortgage out on one to pay the mortgage for the other and then take out a series of 0% credit card limited time offers to pay off the interest only mortgage. Or am I missing something?

First.Aspect

lost_in_thought wrote:

Greg66 wrote:

lost_in_thought wrote:

Have started an MSc

in?

Psychological and Psychiatric Anthropology.

I know, right?

Money and time to burn?
Or do you plan on becoming an anthropologist and appearing on BBC programmes with that Scottish bloke with the long hair and freaky eyes?

First.Aspect

RichardSwt wrote:

So now I keep my self about £1000 in debt to act as a warning to myself. Like I said, I know people will think I'm daft, but it works for me.

Do you set all of the clocks in your house 10 minutes fast?

EKE_38BPM

LiT's hair may be long, but her eyes are not freaky.

Anonymous

First Aspect wrote:

RichardSwt wrote:

So now I keep my self about £1000 in debt to act as a warning to myself. Like I said, I know people will think I'm daft, but it works for me.

Do you set all of the clocks in your house 10 minutes fast?

Ummm, yes. :oops:

First.Aspect

EKE_38BPM wrote:

LiT's hair may be long, but her eyes are not freaky.

Grammar Nazi.

EKE_38BPM

First Aspect wrote:

EKE_38BPM wrote:

LiT's hair may be long, but her eyes are not freaky.

Grammar Nazi.

I am, and proud of it too, but I wasn't getting all Final Solution on your post, just extracting the urine.

itboffin

Women, beer, drugs & some cycling thrown in.

Paid off mine & the Mrs credit cards last month, so just the mortgage to tackle now. Boring oldman stuff

EKE_38BPM

itboffin wrote:

Women, beer, drugs & some cycling thrown in.

Alcohol is the number one date rape drug. When that doesn't work, ITB moves on to the pharmaceuticals (usually for the northern burds, who have a higher tolerance to booze). Cycling is just his name for 'riding'.

CrackFox

No income, no debts. I've been living off savings since August, and I would have been content to carry on that way if I hadn't seen that glittery Charge Mixer. Now I need a job so that I can have a commute to justify buying the commuting bike I want.

rolf_f

Mostly saving - made easier by previously using all surplus cash to pay the mortgage off. I have a pretty secure job, decent pension etc but stuff happens so I save a lot. That's not to say I don't treat myself!

Stone Glider

Today my State Pension went into the Bank Account for the first time Work finished me about three and a half years ago but we had plenty of savings to provide an income from interest, pension pots to call in and a large house with no mortgage which we could sell and downsize.

Well, so much for plans! Interest rates are a third of what they were. The crash of 08 kicked a hole in the pension pots. There is no market to sell the house. Plus inflation is 5%!

There are many worse off than us. But the State Pension is going the 'right the ship' and allow us to ride out these financial storms, with any luck at all

First.Aspect

itboffin wrote:

Women, beer, drugs & some cycling thrown in.

And all the rest you waste.

blu3cat

I seem to be doing less, but spending more.

drink less often, but mmmmmm martinis made with decent gin and vodka.
coffee, but monouth. etc.

clearing my debts, and then spend on house renovations........ B*gger I never seem to get round to saving....