Saving Money In Lockdown

[naomi24]

It seems some people have been able to save during lockdown, some enough to pay off debts. Have you found yourself with extra cash - and if so, what plans do you have for it?

https://www.thisismoney.co.uk/money/bills/article-8326143/How-coronavirus-lockdown-saving-710-month.html

[bednobs]

I am managing to say £700 PM. Plans are for it to stay in my savings acc

[bednobs]

but I do realise that some people are poor because of losing their jobs

[Bobbisox1]

Yes I’m saving money, not sure what we will do, perhaps get a new suite this Christmas

[iluvmargie]

Yes, I'm saving by not going out socialising (lunch and drinks with friends etc.) Need a new bathroom, will put any spare money towards that!

[jno]

I'll be a millionaire if this goes on much longer. The main thing we're saving money on is travel, but I don't know when that will resume or whether we'll be able to take advantage if it does. I suppose the worst-case scenario is that we die wealthy and jno jnr pays off his mortgage

[rockyracoon]

I’ve saved a bit from my wages, though Amazon is too tempting at the moment. Because my daughter couldn’t go back to uni for the last term I’ve saved about £3500, so that’s a bonus. Mind you, I have to start paying £625 a month for her rent from the end of this month, so the euphoria is short lived. I’ll save what I can and put it towards a lovely holiday next year.

[Ken4155]

The only thing I haven't been able to do during lockdown is attend horseracing meetings. Therefore, while I have saved on the expenses of getting there, entry fee, refreshments, etc, I may have actually won more than the outlay. In which case, I have actually lost money :-(

[Bobbisox1]

rockyracoon, you’re so right re Amazon, lol

[lankeela]

I spend most of my money on dog show related activities, entries, travel, accommodation, seminars, not to mention keeping the dogs - but it has made me realise how much I have been spending and living beyond my means as I am no better off just not in so much debt each month!

[lankeela]

rocky have you received your invite to the Amazon Christmas party yet?

[woofgang]

No difference for me. I don't go out to eat or for entertainment and get my food by online order anyway...have seen food prices go up a bit though.

[Bobbisox1]

I’m not sure how I’m saving as I’m still spending money on food , maybe a bit more as my son in law goes twice a week, I only ever went out on Tuesday nights and spent roughly £30 as me and friends went for an Italian we used to go out with another couple each Saturday afternoon but he’s had major surgery for cancer and we’d spend as a couple about £40 but I’m still seeing a healthy bank account?

[shoota]

I think my biggest saving is on diesel. I used to fill up £60/70 a time once a fortnight, sometimes once a week - I am still on the tankful I put in the day before lockdown began, still have a quarter left.

[teacake44]

I'm not telling you, but it should be in personal finance.

[Cloverjo]

I haven’t bought any clothes for months so that’s a bit of a saving. No haircuts, so another bit. I haven’t found more money in my purse though. I think we’re drinking more, and my taste has become more expensive. Posher gin and tonic.

[Mamyalynne]

I've saved money on cab fares to medical appointments as they have mostly been deferred, even got discharged from one hospital department via the phone last week.

[sherrardk]

My biggest saving is on school bus fares (£60 a week) but I also started work just before this all kicked off so have more money from that. I’m not necessarily saving anything as I’ve had to a lot of shopping at the local shop, we’re having more takeaways and treats and I’ve been buying ‘stuff’ without giving it too much thought.

[Prudie]

My only everyday savings have been petrol and possibly high street clothes shopping. We will have saved several thousand (yes I am telling the truth and not boasting either) on missing 2 standard holidays this year. Most will go on holidays for next year.

[retrocop]

Yes. Saving a fortune. Rarely use the car.Have no motgages. Don't shop as much. Had about three bottles of wine since January 6th. Another £50 win this month from Ernie. I don't eat so much and feel better for it. Don't need new clothes. I can get back into those I wore some years back. :-)We don't need new cars yet. Admiral,bless em have reduced the premiums by £50. Question is where do we stash the loot. We are running out of banks and building societies to squirrel it away.
I suppose we could buy a third house for our youngest son and enjoy a bumper holiday with the boys and grandchildren as and when we are allowed.

[rockyracoon]

'rocky have you received your invite to the Amazon Christmas party yet?'

No. What's that then?