Being thrifty: I doubt this really has... - Lung Conditions C...

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Being thrifty

Ruach profile image
9 Replies

I doubt this really has a place here, not really medical, although it certainly helps me feel a bit better, but just want to tell someone!

40 years ago today, I started a life insurance with an attached savings plan, only a modest amount, £5 a month, and then government tax relief, which meant I only paid £4.25, the tax relief went on for 30 years, then I had to pay the full £5 a month. The total paid is £2,130.00. Even when things were at their tightest it got paid. Some times savings are the first thing to go,, sometimes no choice, but it always got paid, and the payout today is £9730.00.

Later that same year my new wife and I took out a joint one of the same plan, this time for £10 a month. This matures in September this year........Nice bit of security as you get older, for not too much of a struggle to pay.

Oh, and on contribution based support group so no backlash in the form of reduced benefits..

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Ruach profile image
Ruach
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9 Replies
sassy59 profile image
sassy59

That’s great Ruach and nice to have. Well done xxxx

Ruach profile image
Ruach in reply to sassy59

Thank you Sassy59 XXX

Very nice. ;-)

Caspiana profile image
Caspiana

Bravo!! 👏👏👏 A nice experience , I am so glad you shared. xx 🍀

stamford1234 profile image
stamford1234

Well done, I can see how satisfying that is for you. A bit of good news for a change. Please report back with how you spend it

Shirleyj profile image
Shirleyj

Lovely little nest egg x

Hacienda profile image
Hacienda

Well Done , You Deserve it after all those payments. have a Great Time xxxx

peege profile image
peege

Bravo, that's brilliant. Well done you.

A few years ago I found my children's post office savings books. Only about £50 each but when I handed them over they were worth £600 each.

Ruach profile image
Ruach

Yippee! Just found something to spend at least some of the money on................

About an hour ago, our grandson Bertie gained a baby brother, Edward......Mum and baby doing well............

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