Savings

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Womble

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Post by Womble » Sat Oct 22, 2016 9:00 am
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I THINk I may be ablle to actually save money during my Iva if accepted. Is there anywhere I'm legally allowed to do so other then hiding it under my pillow!! Not talking thousands here but would love to be allowed to build a little nest egg up if I can.
Womble
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Foggy

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Post by Foggy » Sat Oct 22, 2016 9:08 am
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I initially opened another cashminder account at the co-op for savings -- then opened an e-saver account with the Yorkshire Building Society. Modest savings are to be encouraged ( though a minority of IPs don't agree). Indeed, some allowances HAVE to be saved until such time as they are required.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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watzki

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Post by watzki » Tue Oct 25, 2016 7:47 pm
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We opened a Virgin savings account and saved a few quid for "rainy days"helped a lot with car repairs and such,never got above a couple of hundred quid before it was needed,such is life #128559;
Today 1st of December 2016 the vultures finally flew away
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footiemad

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Post by footiemad » Wed Oct 26, 2016 6:57 am
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We had a savings account with Nat West and ran it alongside our current account.
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Radish

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Post by Radish » Sun Nov 13, 2016 8:35 am
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If you save at home I would invest in a safe - my Dad caught a burglar in his bedroom a few weeks ago. He instantly ran away with £200 found in a sock drawer - but he was not far away from a enveloped with two thousand pounds in !! (saved for a car)...Had he not been caught - you can imagine.
IVA complete March 2014 after 6 years.
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kallis3

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Post by kallis3 » Mon Nov 14, 2016 1:11 pm
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We have had a safe for years - all of our important documents are locked up in there and it is well hidden, as are the keys. We also persuaded my Mum and Dad to have one and when they died we had that one as well - also well hidden!
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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plasticdaft

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Post by plasticdaft » Mon Nov 28, 2016 10:27 am
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I've a bean can in a cupboard!!!

Larger savings are in the bank.

I get more interest out of the bean can!

Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
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