How I Save: The 25-year-old copywriter in London with £18,000 saved

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Pretty good going, right? 💸

If you feel like you’re rubbish with money, you’re not alone.

It doesn’t help matters that we’re all encouraged to keep schtum about our finances, with money continuing to be treated as a taboo topic.Each week we take a look inside a different person’s week of spending and saving, tracking their ingoings and outgoings over the course of seven days.AdvertisementI earn £37,000 a year. In my savings account right now I have about £18,000. It could be more or less. I don’t have access to it and haven’t looked at in about 18 months.

The main way I save is by investing. In the past, I put money into an investment account that I don’t have access to. Now I use an app called Freetrade to invest when I get my salary, at the end of the week and, if I think I can make some quick money in the markets, then I do it randomly during work.Derek’s rent and bills come to £750 a month My rent and bills usually come to £750 and I put another £750 into my Freetrade account.

 

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