This is an archived version of this page. The current blog is here
I've been meaning to write about this topic for a while, and I haven't got round to it because there's too much for one post, and I only really get to think about blogging during the time I'm doing it, so it has to be fairly off the cuff.
So I've decided to do this in bits and use my personal experiences to hang the various bits on.
I'm now in my mid-thirties. I left University at 22 and started work on a modest graduate salary with the Woolwich Building Society (as was). Probably the first couple of years I didn't save anything - I spent what came in on rent, food and going out. So on that basis I've been saving for about 10 years.
Once my salary hit about 18k (after I'd been at the Woolwich for a while) I started putting some money into a separate account. In fact that's probably Lesson One as far as I'm concerned: hide the money you don't want to spend. Just having it in a different account makes you think about it separately.
I'm going to stick to my small chunks rule: more soon. Probably on IFAs.
Posted by MFreestone at May 16, 2005 09:41 PM