The Student Room Group

Scroll to see replies

Reply 180
Original post by Herr
HSBC UK = £1650.26, a far cry from September when it was 6 figures.
Bank of America = US$830.54, a far cry from October when it was almost nearing 6 figures.
HSBC Hong Kong = HKD890, a far far cry from October when it was 8 figures.
UBS Switzerland = CHF2000 in my current account, CHF8000 in savings and investment accounts this account used to be 6 figures in November. Can't wait for payday.

Debts or liabilities in UK = Thankfully none exist now, other than some with that evil HMRC. But then it also means that now I have zero assets in UK after selling everything off. Only thing remains is a HSBC credit card which I will keep for now since it has a high credit limit and very low interest rate. Generally only use it when I want to order stuff from Amazon.co.uk

Debts or liabilities in Switzerland = Got 30 more months of HP to pay on 1 car and another 35 months of contract payments on another. Have 297 months of mortgage payments to pay on my home. Negative equity :frown:

Very poor lately :frown: and for the first time since started to work I been looking forward to pay day!! Really miss my life in Britain sometimes.


It sounds like somebody was playing the property game. :smile:
Original post by united2000
Just might add that your uni 'debt' is the easier loan you will ever get in your life. You have to be earning enough to pay it back and the interest rates are very good.
I would suggest saving the £20k and investing it on something else, say a buy to let property, that money would be making more than the interest on your student loan.

But if you do hate debt, then fair enough, but remember there is always good debt and bad debt.

Video below explains it by Martin Lewis who runs Money Saving Expert. Might be a interesting watch.
Good Debt, Bad Debt


True, but I live in America and our student loan laws are quite a bit different and much harsher than yours. So, again, I don't want to go into debt for anything other than a mortgage.
Reply 182
I'm 18 and have a smidgen over 4k.

I only earned a couple of hundred £ this summer, but I have a big family and lots of relatives have elft me money in wills over the years, plus mum put most of my birthday and christmas money in the bank when I was younger.
Original post by rjm101
I know its a bit of a taboo to talk about this stuff but I've never minded and I've allways been curious about how much other people have too.

I'm also 21 and at the moment I have £6750. I earned a fair bit during placement year just through expenses.

During the summer I wanted a lot of things but I have this thing that I dont like breaking barriers. I had 7k and I sold off a lot of things I no longer use just to keep it above that but that only held on for so long.

I made about £600 selling off some old FPV gear. I would probably of had 10k if I didnt have any expensive hobbies. Other than that I bearly ever socialise.

Once I get 10k I would like to invest some of it in something but I'm totally lost on what to do. Doubt banks would pay any interest as its nothing to them but the reason behind me wanting to do that is because 0.5% interest in savings just isnt worth thinking about lol.


Can you not get an ISA?
I have over £6000 in an ISA with natwest and get about £16 a month interest, which is pretty good i think! One of my ISAs last year for about 60p which was awful!
Original post by SoulfulBoy
You are poor? :frown:

I should marry you to give your family a better future.


There are those who are a lot poorer than us. Compared to some people in the world, we are rich.

Besides I'm not a bigamist lol
I just turned 19 and ive got just over £2000 although it has been quite hard but..... Gotta love having your own money, especially in the little amount of time ive made it in :smile:
I have £90 in my savings account, about £150 in my current account, £85 in cash and a £220 ISA
& I'm 16 :biggrin:
Reply 187
pfffffffffffft

i have 7p

im broke :'(
Reply 188
£630 not enough though anyone wanna donate ;D
£960 in savings, £70 in the bank.
I had more in the savings, but I spent it on a car. Not sure if in regretting that now or not, as I probably won't take it to uni.
£438.65, i checked yesterday after finishing christmas shopping.
Reply 191
16p in my bank. But like £3000 in my safe thingy at home, get paid in cash so can never be arsed going to the bank
Reply 192
Original post by Sgany
25k, I am 17 ^_^


Why the hell get I get negatived for this O_O
Reply 193
Original post by chefdave
It sounds like somebody was playing the property game. :smile:


Not really :smile:

Got rid of most assets as I needed money to venture into a new sector.
£-1700.

A whopping £50 available to me. HSBC, I hate you and your stupid massive overdrafts :frown:
18. £1.04 in bank and £15 on person. Have a standing job but not working until July. Poor :smile:
21, have around £5000 in my bank account at the moment.
Reply 197
About £4k in current account and about £180k offshore. I'm keeping that for a house when I graduate though. My university just gave me £800 in bursaries because they think I'm poor :colone:
I'm 21 and I have about -400£ in my account.

I get £900 tomorrow and pay off £600 of that for rent.

Leaves me with -100£ tomorrow :biggrin:
-£493.37

I'm living the eternal financial struggle, as an artist ought to.

Latest