Time to start saving!

I’ve decided its time to start making a serious attempt to put more money aside each month for a deposit. I really need to get a more substantial amount together if I am ever going to get myself a mortgage! I don’t want to approach family members for help with a deposit, even though it has been offered, until I can prove to them and to myself that I am completely on top of my finances.

As a small family, living in what could be considered hard times, we are actually living quite comfortably at the moment. So, there are a few ways we could quickly increase the amount of ‘available cash’ left in our accounts each month. I’m in the processes of working this out properly, but some examples of ways we could save fairly considerable chunks include cutting our Sky+ HD subscription, our mobile phone contracts and me and my fiancés gym membership. This amounts to around £140 a month, or £1680 a year. Quite a chunk on top of what we could save anyway! I really need to get my head around whether these ‘luxury’ items are more important to me than having my own home… I don’t think they are.

Wish me luck!