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  • FIRST POST
    • slowlyfading
    • By slowlyfading 28th Nov 15, 8:34 PM
    • 12,845Posts
    • 72,906Thanks
    slowlyfading
    The "Save 12k in 2016" Thread!
    • #1
    • 28th Nov 15, 8:34 PM
    The "Save 12k in 2016" Thread! 28th Nov 15 at 8:34 PM
    So, the title is pretty self explanatory, but this is the place to be in 2016

    In 2016, the aim is to save 12k (or, any other amount if you like!) from 1st January 2016 til 31st December 2016. I know it's early, but it gives you the time to plan for how you are going to do it!


    RULES:
    - This challenge starts on 1st January 2016 00:00 and finishes on 31st December 2016 23:59.
    - Everything saved MUST be done between these two dates.
    - Any interest gained during this challenge on your savings can be counted!


    Feel free to sign up but, please only sign up if you intend to go the distance - the thread for 2013/2014/2105 started off great and then lots of people disappeared

    Challenger List:
    001. slowlyfading - 10,000
    002. Lolly88 - 8,000
    003. PrincessLou - 5,000
    004. jamiednm - 11,000
    005. Melaniep101 - 12,000
    006. tempus_fugit - 14,000
    007. Wentthedaywell? - 13,000
    008. darkidoe - 12,000
    009. mummytummy - 12,000
    010. bsms1147 - 15,000
    011. cathybird - 15,000
    012. brizzledfw - 12,000
    013. freezspirit - 6,000
    014. ajdj - 12,000
    015. frasersmum123 - 3,000
    016. Westie983 - 12,000
    017. garfield33 - 6,000
    018. abba1772 - 5,000
    019. savings my hobby - 10,000
    020. chrislee2810 - 15,000
    021. Phaelok - 15,000
    022. geoffers4 - 25,000
    023. Cweb - 12,000
    024. jacci45 - 12,000
    025. kev2009 - 6,000
    026. Ruthy1604 - 28,000
    027. Starting Again - 16,000
    028. Hantsman - 19,000
    029. wifey27 - 10,000
    030. Unicorns - 12,000
    031. sofarbehind - 12,000
    032. calltheshots - 5,000
    033. Notfarfromtheborder - 19,000
    034. Dragon Lily - 2,000
    035. tara747 - 12,000
    036. chelseasblue
    037. letiss7 - 6,000
    038. SMGee - 6,000
    039. copperjar - 6,000
    040. Hairpin - 12,000
    041. TrustyOven - 6,000
    042. MrsC2be - 4,000
    043. aidysproule - 12,000
    044. rjrs0510 - 30,000
    045. george4064 - 12,000
    046. enthusiasticsaver - 15,000
    047. letThemPlay - 2,000
    048. summerlady - 1,200
    049. Sox77 - 6,000
    050. lessavyfav -9,000
    051. tmsbry - 12,000
    052. dmackaywork - 12,000
    053. coolcats - 7,000
    054. Bradlad9 - 4,000
    055. Justonething - 24,000
    056. Lomcevak - 30,000
    057. Tea&Biscuits - 7,000
    058. Miss money penny - 5,000
    059. ourcornercottage - 3,000
    060. ALIBOBSY - 6,000
    061. Speedster2 - 12,000
    062. Hopeful30 - 12,000
    063. FlareStar - 5,000
    064. lynnejk - 6,000
    065. Anouchka - 7,000
    066. micron - 12,000
    067. YoungBusinessman - 15,000
    068. laurra - 8,000
    069. mylastpound - 6,000
    070. x0emz0x - 3,000
    071. BE95 - 6,000
    072. velocity_girl - 6,000
    073. Gem-gem - 9,000
    074. FinallyGettingFree - 3,000
    075. adam68 - 5,000
    076. sezamma - 5,000
    077. ViktorOnopko - 6,000
    078. selloptape - 2,000
    079. Rosie D - 10,000
    080. matt_66 - 9,000
    081. black taxi - 10,000
    082. Saver-upper
    083. Twiggy_34 - 2,000
    084. ToiletLicker - 12,000
    085. boglehead - 100,000
    086. bobobski - 10,000
    087. Karen's girl - 6,000
    088. IvanovSteliyan - 10,000
    089. XSpender - 5,000
    090. mas2000 - 12,000
    091. wishus - 5,625
    092. Suffolk lass - 6,000
    093. Squitchley - 6,000
    094. jessy-eve - 5,000
    095. savingfortomorrow
    096. Dird - 15,000
    097. hydrangea - 6,000
    098. lessonlearned - 12,000
    099. Buffythedebtslayer - 4,500
    100. Urchhh - 3,350
    101. lisa110rry - 15,000
    102. dark.knight - 9,000
    103. chris9393 - 8,500
    104. phil09 - 15,000
    105. TheBanker - 12,000
    106. amyt13 - 6,000
    107. Marcus_C - 7,000
    108. s1ipmatt - 2,500
    109. daveyjones95 - 13,000
    110. Kreacher - 6,000
    111. geeovana - 17,500
    112. monochome_blue - 8,000
    113. Wilkos - 10,000
    114. imajica37 - 6,000
    115. Short-n-Sweet - 5,000
    116. benbenandme - 6,000
    117. Shrewbie - 10,000
    118. maul123 - 9,000
    119. Carrie85 - 10,000
    120. alja - 10,000
    121. Determined diva - 12,000
    122. ruby911 - 12,000
    123. brenda10 - 15,000
    124. nat21luv - 10,000
    125. Leeruddecology - 6,000
    126. fabforty - 12,000
    127. Domayne - 8,000
    128. r0ckyd0g - 2,400
    129. lol omg wtf - 6,000
    130. user1168934 - 18,000
    131. 166million - 5,357.69
    132. ipie - 12,000
    133. allie23 - 5,000
    134. loopy53 - 12,000
    135. SusySweden - 14,450
    136. aNom - 18,000
    137. FlacosFloozie - 5,000
    138. GTR King - 4,000
    139. Bryando - 5,000
    140. e4rly - 4,000
    141. NectarCollector - 2,000
    142. ffacoffipawb -
    143. ArmyDillo - 20,000
    144. gazzer666 - 40,000
    145. RichyRich - 12,000
    146. jacquelinestar - 9,000
    147. Ben91 - 13,000
    148. emincosi - 8,000
    149. ahX - 12,000
    150. There Is A Light - 14,400
    151. JamesFews - 12,000
    152. SilverFox89 - 6,000
    153. lolo06 - 6,000
    154. Stickleback27 - 14,000
    155. scratched - 16,000
    156. mattdeeks - 5,000
    157. Ashers92 - 12,000
    158. Cambia - 12,000
    159. Born_Free - 12,000
    160. Bruce Bumba - 6,000
    161. kitjos - 12,000
    162. Galenzorz - 6,000
    163. Hutchch0920 - 7,150
    164. kitty_ - 9,000
    165. sweetpeas - 18,000
    166. BelfastFTB - 10,000
    167. Candyapple - 12,000
    168. Me! Me! Me! - 4,500
    169. darksoul - 6,600
    170. myteeduck - 2,500
    171. Seafoam - 22,000
    172. Tiglath - 10,000
    173. SusanneCape - 12,000
    174. Anavand - 30,000
    175. PoorGuyNextDoor - 10,000
    176. Save Dosh - 12,000
    177. Downes2013 - 5,000
    178. Aliliva - 7,300
    179. vicky_ - 12,000
    180. -Selene - 6,000
    181. Susuzak - 5,000


    CLICK HERE for the easy update form:
    https://docs.google.com/forms/d/1cfJVWP62Cmn-rnS3TEfSIQJ9uAkxFHdFHPyf3vLZr4s/viewform


    CLICK HERE to see the total amounts so far:
    https://docs.google.com/spreadsheets/d/13i1sj4B3PnNpa-77U9EEGjWMqLiej9W0LGvvBo7vKIY/edit?usp=sharing



    Last edited by slowlyfading; 31-07-2016 at 9:34 PM.
    Be who you are and say what you feel because those who mind don't matter and those who matter don't mind - Dr Seuss
    Personal Finance Blogger / Sept NSD - 14/20 / Ultimate Dream Fund - 9,009.15/306,000
    Engaged 14/08/10 // Married 31/03/12 // DS born August 15
Page 75
    • allie23
    • By allie23 20th Sep 16, 8:51 PM
    • 1,294 Posts
    • 13,093 Thanks
    allie23
    Fantastic News SF. Well done you!!
    Save 12k in 2016 - Challenger 133. 3565/5000
    • Westie983
    • By Westie983 20th Sep 16, 11:02 PM
    • 2,990 Posts
    • 11,958 Thanks
    Westie983
    You've saved that money, so unless you actually spend some of it, it's still part of your savings, whichever account it happens to be in at the time.
    (You can't count it twice though, if you start feeding it into another regular saver.)
    Originally posted by Eco Miser
    Think I will put the money into my ISA, and like you said its money I have saved, I will then take a chunk out of it, as I need to pay off some credit cards.

    The other SO will continue as they have done, and hopefully build the figure back up again.

    Tick Tock, for the maturity, Im hoping 6% is still on offer,
    Save 12k in 2016 #16 Total 12350/12000 = 102.91%
    Sealed Pot Challenge ~ 9 #97 Total 250/250 = 100.00% ( from Sue x 8)
    Xmas 2016 1 a Day #6 Total 400/366 = 109.28%
    Virtual Sealed Pot #1 Total 500/800 = 62.50%

    2 Savers Club 2016 #104 Total (1060)+380/2000 = 72.00%
    Total 14940/15416 = 96.91%
    • Westie983
    • By Westie983 21st Sep 16, 11:26 PM
    • 2,990 Posts
    • 11,958 Thanks
    Westie983
    I have paid of some of my credit cards so my figure is slightly less then declared, but thats okay SF, I will reduce my figure next month so that the figures match up.

    I have now only credit cards that are on promotional rates, which will finish after my regular savers (its on it the planning)

    FD is still offering 6% so I nabbed that, by opening a new one as soon as the old one disappeared from my online banking and the SO set up.

    I will make the 12k target I set by November

    Happy Westie :-)
    Save 12k in 2016 #16 Total 12350/12000 = 102.91%
    Sealed Pot Challenge ~ 9 #97 Total 250/250 = 100.00% ( from Sue x 8)
    Xmas 2016 1 a Day #6 Total 400/366 = 109.28%
    Virtual Sealed Pot #1 Total 500/800 = 62.50%

    2 Savers Club 2016 #104 Total (1060)+380/2000 = 72.00%
    Total 14940/15416 = 96.91%
    • kev2009
    • By kev2009 22nd Sep 16, 9:53 AM
    • 97 Posts
    • 170 Thanks
    kev2009
    Hi all,

    #025 declaring 500 for August.

    Apologies being late providing the update, I've submitted the form.

    Kev
    • kitjos
    • By kitjos 22nd Sep 16, 1:41 PM
    • 160 Posts
    • 898 Thanks
    kitjos
    I am intending too
    Originally posted by slowlyfading
    Oh that's great! Thanks SF . Im looking forward to getting my teeth into 2017, been a very crappy year with things going on so a fresh start will be a blessing - even more so on the saving front . Might be able to hit 20k by mid/third of the year so rooting for that .

    Thanks again for your hard work and commitment SF, ill have a look at the link you prev posted about Christmas food donation <3 x
    Mortgage originally = 155,000
    Current mortgage = 115,000
    Joint savings account = 10,000 (HIT TARGET!)
    • brizzledfw
    • By brizzledfw 22nd Sep 16, 2:34 PM
    • 6,144 Posts
    • 29,119 Thanks
    brizzledfw
    Disaster being reported here.. Have raided savings pot so will be back when back on track.

    Good luck to all those posting - and I am right with all those who are struggling right now! I certainly am

    Thanks SF and congrats on the win which I read about on your blog

    Brizzle xx
    MFiT-T4 Member No. 96 - 2022 is my MF goal
    New debt: 7000 0%; Savings: 1400
    Declutter 50 items before 30.09.16 41/50 **
    NSDs Target 5 for September 2/5 EBay Sales Target 30.09.16 299/100
    • chelseablue
    • By chelseablue 22nd Sep 16, 2:52 PM
    • 1,747 Posts
    • 2,236 Thanks
    chelseablue
    Hope you're ok Brizzle x
    Baby Boy born May 2014

    Mortgage starting balance Feb 2016 231,294
    Savings 11,500

    Save 12k in 2016 Challenge - Member #36
    • RichyRich
    • By RichyRich 23rd Sep 16, 7:27 PM
    • 1,768 Posts
    • 2,019 Thanks
    RichyRich
    Declaring for September. No new kitchen yet.

    FD Regular: 3,000.00
    TSB Regular: 2,000.00
    TSB Classic Plus: 2,250.00
    Natwide Regular: 5,000.00
    Bank of Scotland Vantage: 3,487.10
    Tesco 1: 4.50
    Tesco 2: 2.00

    Total balance across all accounts: 15,743.60

    Balance at last update: 14,907.77

    Starting balance: 5,027.78

    Saved since last update: 835.83

    Saved this year: 10,715.82

    Still to save 1,284.18
    #145 Save 12k in 2016 Challenge: 10,715.82/12,000.00 Beginning Balance: 5,027.78 Still to save: 1,284.18
    This is the secret message.
    • Lolly88
    • By Lolly88 23rd Sep 16, 10:54 PM
    • 129 Posts
    • 446 Thanks
    Lolly88
    #02 declaring 1232.44 for this month bringing me to my total for this year of 12k! Not intending to be able to save much more as I've already increased my saving target once this year but will have several interest accounts maturing over the next few months so the interest from that will probably be my only additional savings.

    I've also officially pushed through the 20k barrier with my total overall savings which is exciting.
    Saving for a House Deposit
    Save 12k in 2016 #002: 12018.35/12000
    Save 6k in 2015 #139: 8250
    /6000
    Total: 20,268.35/25,500 = 79.5%
    • Suffolk lass
    • By Suffolk lass 24th Sep 16, 7:08 AM
    • 757 Posts
    • 12,437 Thanks
    Suffolk lass
    #02 declaring 1232.44 for this month bringing me to my total for this year of 12k! Not intending to be able to save much more as I've already increased my saving target once this year but will have several interest accounts maturing over the next few months so the interest from that will probably be my only additional savings.

    I've also officially pushed through the 20k barrier with my total overall savings which is exciting.
    Originally posted by Lolly88
    Well Done! That is a great achievement
    SL
    MFiT T4 #2 Q2 update 10.11% after Q2
    Save 12k in 2016 thread #92 - so far 5,655/10,000 (target inc from 6000 in Aug)
    OS Grocery Challenge budget of 3000 - 62.72/61.54% so far
    Reading and learning about investing... lots to learn and I am consciously incompetent
    • RichyRich
    • By RichyRich 24th Sep 16, 8:43 AM
    • 1,768 Posts
    • 2,019 Thanks
    RichyRich
    Congratulations on hitting your target! This thread is unbelievably inspirational... I would never have got anywhere near where I have were it not for the constant encouragement I have received from the inspirational stories on here. Half of me wants not to get my kitchen done so I hit mine too
    #145 Save 12k in 2016 Challenge: 10,715.82/12,000.00 Beginning Balance: 5,027.78 Still to save: 1,284.18
    This is the secret message.
    • Carrie85
    • By Carrie85 24th Sep 16, 12:54 PM
    • 85 Posts
    • 166 Thanks
    Carrie85
    Hi all,

    Thanks for all the updates, they do keep pushing me on towards my own goal.

    Just sent in my updates for the last few months. Overall over the last few months only been able to save 100 ish each month.
    Not happy with those amounts considering I've been working almost solidly this year, been getting much more self employed work than last year. At least its a positive savings number right?!

    Just don't know where the extra money i've earned is going.
    Been paying my CC down slowly but surely and treating myself to the odd extra. I think it calls for a big check of all my bank statements to see where the money is being spent.

    I'm hoping to spend a bit of time decluttering and selling off stuff I don't need. Got lots of old phones that I need to get rid of and every little will help.

    Going to make a big effort to be much more frugal for the rest of the year.

    Keep going all
    Save 12K in 2016 #119: 2,819.55 / 10,000 (28.1%)
    Saving For A House Deposit: 2015: 2,501.90 / 25,000 (10%) 2016: 5,435.06 / 25,000 (21.7%)
    • Suffolk lass
    • By Suffolk lass 24th Sep 16, 2:41 PM
    • 757 Posts
    • 12,437 Thanks
    Suffolk lass
    Bit of a set back
    Bit of a major set back last night as DH was involved in quite a major accident last night (closed the major trunk road ) - he is OK but the car is a write off, along with the chap's who he ran into the back of (three separate accidents in less than a mile). Mercifully they were unhurt too. I will look at revising my newly challenging target downwards again, as we will need another car to replace ours and the insurance won't cover all of it (and there is a large excess to swallow, and the premium will go up...) ho-hum. C'est la vie!

    The most important thing is that nobody is hurt.

    SL
    MFiT T4 #2 Q2 update 10.11% after Q2
    Save 12k in 2016 thread #92 - so far 5,655/10,000 (target inc from 6000 in Aug)
    OS Grocery Challenge budget of 3000 - 62.72/61.54% so far
    Reading and learning about investing... lots to learn and I am consciously incompetent
    • Dragon Lily
    • By Dragon Lily 25th Sep 16, 2:08 PM
    • 170 Posts
    • 1,828 Thanks
    Dragon Lily
    #34 declaring 150 for Sept. Form submitted and signature updated.

    DL
    Mortgage - 42,165 10.5 yrs left but would love to be MF sooner!
    Saving 12K in 2016 member #34 1485/2000
    Star from Sue-UU
    SPC8 350
    SPC9 #105 (190 banked)
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