Gransnet forums

Legal, pensions and money

Savings

(105 Posts)
Sikipoo Tue 13-Jan-26 20:48:48

Just curious to know how much money people put by in their retirement. I don’t mean monthly pension payments, just savings for a rainy day.
I simply don’t know how much to put away long term. I am in the fortunate position of having inherited some money , but do I spend or save. I do have a small amount of savings anyway, but wonder the best course of action.

Allira Wed 21-Jan-26 11:27:06

I too love checking the Pbs every month
Me too. It's my one gambling vice!

Cosmos38 Wed 21-Jan-26 12:51:20

The only reason I have savings is because I live on my own in the large family house which is in need of repairs and renovation because I cannot face the prospect of trying to find reputable tradesmen who are prepared to quote for work within about 6 months

Cosmos38 Wed 21-Jan-26 12:54:07

And just to add, that is if I can even find a tradesman who can hitherto reply! With so few qualified reliable tradesmen these days I think they must get work by word of mouth recommendation

M0nica Wed 21-Jan-26 19:02:00

Cosmos38

And just to add, that is if I can even find a tradesman who can hitherto reply! With so few qualified reliable tradesmen these days I think they must get work by word of mouth recommendation

Both DD and DH & I have recently bought rundown properties in an unfamiliar place. We have had no problem at all finding good relieble tradesmen.

Over the past 4 months I have employed lime plasteres, builders, plumbers, garden clearance contractors, roof and gutter cleaning tradesmen, floor restoration specialists, landscaping contractors

My main source has been, some recommendations, usually from other tradesmen, but mainly Facebook and google. I use Trustpilot and recommendations on Facebook.

I am a smiling friendly employer who treats tradesmen in my house the way I would treat a friend in my house. I produce regular cups of tea/coffee and chat to them, but not enough to stop them working.

At the moment with the cosntruction industry, especially housing construction in a slump, there are a lot of good tradesmen around looking for work as self employed tradesmen.

meanwhile, I need to send the man who is coming to repair my washing machine the cost of the spare parts. I always pay promptly the agreed sum without complaint.