Historical savings.

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Brandane

Legendary Member
Location
Costa Clyde
After reading the thread on bike cost depreciation on a bike bought in 1968, it reminded me that I could be rich beyond my wildest dreams. Retirement beckons after finding my 2 investments.

£1 kindly invested in my name in 1968 at a long defunct local savings bank.
570534



And a further £0.23 pence in a National savings account, last entry July 1978.
570533


Don't bother with the begging messages, I'm a Scotsman so it's mine; all mine :laugh:.
 
OP
OP
Brandane

Brandane

Legendary Member
Location
Costa Clyde
According to an online inflation calculator, my £1 from 1968 is now worth £17.46.
The 23 pence from 1978 is now worth £1.33.
My retirement plans are in tatters :cry:.
 

Archie_tect

De Skieven Architek... aka Penfold + Horace
Location
Northumberland
It must cost my bank at least £1 in paper, ink, administration processing, postage and envelope to print out and send me monthly paper statements.. to inform me that I have made 6p interest on my savings... if I agreed to stop the statements will they give me £1.06 a month... I assume the answer would be no.
 

Archie_tect

De Skieven Architek... aka Penfold + Horace
Location
Northumberland
If you can pop into the branch with your grandparents as witnesses they'll be pleased to update your passbook.
 

PeteXXX

Cake or ice cream? The choice is endless ...
Location
Hamtun
I think I still have TSB and Post Office accounts with a few pennies (yes, pennies, not pence) in them..
 

Archie_tect

De Skieven Architek... aka Penfold + Horace
Location
Northumberland
On the 26th September 1977 , the first day of my architecture course, someone bet me £5 that he'd hear me swear... as he couldn't believe I didn't
He never did, but never paid up. Must be worth a bit now... wonder where he lives.
 
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