So, are you saving or spending, or neither?

[mjn]

Well?

[Iccz]

Saving... to spend

Would like to get myself a HTPC sorted out this month or next, after that it's into economy mode for me, save save save.

[Razor]

I am always spending but looking to the future at the same time.

[LFC_SL]

Well I have no need to spend as it is only me. I can hold my want for headphones and audio kit until the summer, so my biggest outgoing will be food but that is fine. For example I spent £6 on food on Sunday and have enough for a bit

Alas my best laid plans went out the window (see sig)

[richard plumb]

neither really.

- I've been hit on the basic savings front by knackered interest rates
- I've been hit on the ISA savings front by knackered stock prices (long term should be ok, but it is shocking to see your ISA value drop 40%!)
- I'm in a 10 year fixed rate mortgage so the interest rate cuts are doing nothing at all to benefit me
- don't give a toss about the 2.5% VAT

[Earthworm Jim]

Kinda both, I'm saving to spend on a new Audi TT soon. Hmmmm do I save a little more and get the TTS.........me wonders???

[Iccz]

Originally Posted by jimthelegend

Kinda both, I'm saving to spend on a new Audi TT soon. Hmmmm do I save a little more and get the TTS.........me wonders???

Do it!

Good time to get a car, dealers will come down a lot, did for me!

[Ultima]

I've always saved a little and spent a little but always very prudent. This year will see me save much more than I used to, probably to to with the fact that last year we spent a fortune on home refurbishment and a little to do with the unpredictible times ahead.

Saving for me.

[Setenza]

My income does not allow for any major spending or saving at the present. What goes in by and large goes out.

I may have to do a little additional work to build up that vital float needed if I have a gap between contracts.

[Dony]

I still seem to be spending
Having a new house means that there are always things needing to be bought. Since the New Year we've bought a bed and wardrobes for my sons room, a wooden floor for my office that will hopefully be put down next week, and some tiles for the kitchen. (all bought in the sales)

For myself, I've bought new speakers and an amp will follow next week when it comes into stock. That should be it for a while and then I intend doing some serious saving from next month until the summer.

[InsertCoin]

I have been spending like its going out of fashion, but now I will be paying it off for the next few months and then spending again as I want a new shiny amp

[Earthworm Jim]

Originally Posted by Iccz

Do it!

Good time to get a car, dealers will come down a lot, did for me!

True, but finance is also a bit more difficult to get hold of, so finance for a 30k car could prove quite difficult without a massive deposit.

[booyaka]

cleared my credit card (only about £2k) as it was pointless saving the cash @ 3% whilst paying some interest on credit card at circa 17%.

Put most of my previous Icesave cash ISA's money (recently recovered) into my mortgage currently to reduce the interest payments.

Will be spending on a new DSLR shortly due to a nice bonus at the end of this month for last years work. Other than that will be saving a bit more this year.

Also got a copy of MS Money to keep an eye on the household spending a bit more closely as i feel that one area we as a family can save money on, with out compromising decent stuff, is food shopping.

[nheather]

Both saving and spending.

I'm a net saver - have more savings than borrowings.

Have always been careful and never spent beyond my means - and will continue to do so.

Cheers,

Nigel

[Ultima]

Die in debt and you've made a profit.

That's what I was told anyhow.