The "Save 12k in 2017" Thread!

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  • slowlyfading
    slowlyfading Posts: 13,429 Forumite
    Name Dropper First Post First Anniversary
    sam_m wrote: »
    I know its not much but by Xmas 2017 i would like to have at least £2000 in my bank account, my situation might have changed with work by then but i would like to work to that goal, is that ok?
    More than fine! Your challenger number is #178 :)
    Be who you are and say what you feel because those who mind don't matter and those who matter don't mind.
    Personal Finance Blogger + YouTuber / In pursuit of FIRE
  • slowlyfading
    slowlyfading Posts: 13,429 Forumite
    Name Dropper First Post First Anniversary
    Garfield1987 wrote: »
    Hi Everyone,
    I got paid yesterday and it was also my 30th birthday and I am so happy that yesterday I am now debt-free! I just paid off my last bill so in total I have paid off £6k since October :) so now money I am putting aside is actual savings for a house deposit!
    Sorry to boast on here, but I don't think anyone I know thinks that debt-free is that important!
    Thanks everyone :)

    :j:j:j:j:j:j
    Well done you :j :j
    Be who you are and say what you feel because those who mind don't matter and those who matter don't mind.
    Personal Finance Blogger + YouTuber / In pursuit of FIRE
  • slowlyfading
    slowlyfading Posts: 13,429 Forumite
    Name Dropper First Post First Anniversary
    Spreadsheet updated :)
    Be who you are and say what you feel because those who mind don't matter and those who matter don't mind.
    Personal Finance Blogger + YouTuber / In pursuit of FIRE
  • Jo_Blogs
    Jo_Blogs Posts: 753 Forumite
    Debt-free and Proud! Mortgage-free Glee!
    Garfield1987 wrote: »
    Hi Everyone,
    I got paid yesterday and it was also my 30th birthday and I am so happy that yesterday I am now debt-free! I just paid off my last bill so in total I have paid off £6k since October :) so now money I am putting aside is actual savings for a house deposit!
    Sorry to boast on here, but I don't think anyone I know thinks that debt-free is that important!
    Thanks everyone :)

    :j:j:j:j:j:j

    That's fantastic :beer: - Well done :T:T
    Saved Nitty Gritty £7440.75 [149%] / £5000-[Sep] £58.44:starmod: for the 'Save 12k in 2017' #157
    2017 Womble #35 £3463.27 ;)Sept NSDs 4/15:staradminCCCChl 9/12 months:D    Sept PPChl#002 Pts 71
  • Wilkos
    Wilkos Posts: 44 Forumite
    #88 declaring £750 for February (form already completed).


    Hoping to save more in March!
    No. 47 Save £12k in 2018: £ ( %)
    No. 88 Save £10k in 2017: £10,000 (100%)
  • hugger
    hugger Posts: 5 Forumite
    Combo Breaker First Anniversary
    Just completed my form for February. Chuffed to declare £397.97! Two months in and still well on track to hit my target!

    Well done everyone!
    Save 12k in 2017 Challenger 141: £1239.22/£4000 (31%!)
  • RichyRich
    RichyRich Posts: 2,090 Forumite
    First Post Combo Breaker First Anniversary
    My method is to calculate my total balance across all music accounts and deduct my starting balance. That's my year-to-date figure. I use 'contributions' as opposed to 'balance' for my nutmeg account because of the potential for value changes in the underlying funds, and I don't count my current account.
    #145 Save £12k in 2016 Challenge: £12,062.62/£12,000.00 Beginning Balance: £5,027.78 CHALLENGE MET
    #060 Save £12k in 2017 Challenge: £11,03.70/£12,000.00 Beginning Balance: £12,976.79 Shortfall: £996.30:eek:
    This is the secret message.
  • RichyRich
    RichyRich Posts: 2,090 Forumite
    First Post Combo Breaker First Anniversary
    Excuse the typo. MY accounts, not music accounts!
    #145 Save £12k in 2016 Challenge: £12,062.62/£12,000.00 Beginning Balance: £5,027.78 CHALLENGE MET
    #060 Save £12k in 2017 Challenge: £11,03.70/£12,000.00 Beginning Balance: £12,976.79 Shortfall: £996.30:eek:
    This is the secret message.
  • Clare43
    Clare43 Posts: 154 Forumite
    First Anniversary First Post
    No 89 here. £1845.65 saved this month :) A good first two months - hopefully it'll continue :)
    Save 12K in 2020. Number 13
  • Twiggy_34
    Twiggy_34 Posts: 685 Forumite
    giggleyay wrote: »
    Do you guys track all saving in this challenge?

    I know it's kind of a personal choice thing but I'm not sure what to do about my Rainy Day Funds. :huh:

    What do you lovely lot do?

    Hi ya, I have a RDF as well but don't count it (even though it's built up to in excess of £3k over the last few years and I've saved more than I've spent). I'm building it up with a view to upgrading my car once it gets to a big enough figure and I work out what I want, but it's also there for unexpected expenses and hopefully a nice holiday or two, whereas the long term savings will (hopefully) continue to go up indefinitely with a view to using it for something more significant such as our next house move, sometime in the next decade.

    There are no hard and fast rules regarding how long, long-term savings are for this thread. If you're confident that you won't be spending out of your RDF this year, then count it. If there's a chance you will be spending out of it then I would say don't count it, otherwise there's the possibility of having to post a negative figure, especially if the expense is a big one.
    £12k in 2019 #084 £3000/£3000
    £2 Savers Club 2019 #18 TOTAL:£394 (2013-2018 = £1542)
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