Tryinge to Save

If you set up a direct debit to pay an amount each month into a savings account, it's amazing how it mounts up, and you don't miss that money after a while. This is the only way I can save for things. These days the interest earned is pants, but nevertheless........ saving is good.

Tegan that couple were considerably braver than me too! And I don't mean moneywise!

Doesn't tcherry mean she was already doing that?

Gosh that was quick! Grannyknot only posted yesterday!!

Good advice thank you, the most powerful thing I have done so far to ensure that I save regularly is the what grannyknot said about paying yourself, it really did turn things around for me.

It accumulates nicely then something comes up and it goes right back down again, and that totally deflates me.

But I do know that I should, and I am grateful for all the good things in life that I do have

Did anyone see Grand Designs where couple bought a plot of land that was slowly slipping into the sea but built a house there so they could look at the wonderful view when they retired [they thought it would be there for 60 years but one stormy night caused 15 years worth of erosion]. Their children just said that it was fine as they could enjoy the house for a while. I felt that they were considerably richer than me to make a decision like that.

I do sympathise with this problem. For some people, the only way to add to their savings is to cut down on the little luxuries and treats in life. What a miserable way to live that is. For others, in order to save they have to cut down their spending on life's essentials. Going without today so that we can have more tomorrow. Don't have any answers for you tcherry I am afraid. All the money saving ideas on some websites seem to make stupid assumptions about peoples income and what lower paid women actually spend their money on.

So do we but call it SKI ing. I haven't told them about are next plans .... Waiting for a good moment like being told that we should go on holiday as we've done so much childcare this summer. I expect I will grow cobwebs waiting .

Yes. Same here.

We are of the SCH (spending children's inheritance) mind set. They will get a half share of the house each unless God forbid it goes in care fees but I doubt there will be any cash left

Well, I think as we are getting older, we should all start spending a little money on ourselves! We often treat our children and grandchildren, but why not remember to value ourselves and just occasionally put ourselves first and have a nice treat!

Was not us.

The best savings advice I was ever given us to 'pay yourself too' in other words pay your savings as if you are paying a bill. Saving money is rewarding and even a little bit addictive, especially when it starts accumulating.

You need to read How do I cope with this on the Ask A Gran forum, and all will be revealed, jingl.

You haven't actually got a profile.

You said you are 53. In your post. (my memory's not so good)

Have you got a job? (profile says you are 53) Has your DH got a job? Have you got a DH? Have you got dependent children? Have you got a mortgage?

Just need a little more info really.

sorry about the typo..