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  • FIRST POST
    • slowlyfading
    • By slowlyfading 28th Nov 15, 8:34 PM
    • 12,902Posts
    • 73,219Thanks
    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 / Dec NSD - 0/15 / Ultimate Dream Fund - £10,417.97/£306,000
    Engaged 14/08/10 // Married 31/03/12 // DS born August 15
Page 79
    • kitjos
    • By kitjos 13th Oct 16, 8:31 PM
    • 164 Posts
    • 924 Thanks
    kitjos
    Well, i think that is me done for the year. Im calling it an end at 10k which i am ecstatic about . Before i joined this thread for 2016, i was a yearly member of MFW section and made regular mortgage overpayments. We had our review recently and realised just how much better off its made us by doing them OP's in the past, SO, we have sent a lump sum of £7,000

    I would never of sent that size OP, and still have 3k left over if it wasn't for this forum. We are on track to be MF in 5 years which will make me 33 years old.

    SF, i will keep a beady eye out for your 2017 'save 12k thread' so i can quickly sign up again

    Thanks for all your help xxx
    Mortgage originally = £155,000
    Current mortgage = £107,700
    House Value = £208,000

    Joint savings account = £2000
    • slowlyfading
    • By slowlyfading 15th Oct 16, 5:37 PM
    • 12,902 Posts
    • 73,219 Thanks
    slowlyfading
    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 - Dr Seuss
    Personal Finance Blogger / Dec NSD - 0/15 / Ultimate Dream Fund - £10,417.97/£306,000
    Engaged 14/08/10 // Married 31/03/12 // DS born August 15
    • squishylove1989
    • By squishylove1989 15th Oct 16, 5:42 PM
    • 18 Posts
    • 115 Thanks
    squishylove1989
    I can't wait to join this challenge next year! Would love to make a massive overpayment on the mortgage, we also have a lot of renovations to do so this would go a long way. Love seeing everyone's progress.
    • enthusiasticsaver
    • By enthusiasticsaver 15th Oct 16, 5:52 PM
    • 2,557 Posts
    • 4,373 Thanks
    enthusiasticsaver
    I think I am going to have to say I am done for this year. I have reached my target which I am happy about but OH retires this month so we have had to buy him a car as his company car goes in 2 weeks time. Also very pleased our daughter got a new job a bit closer to home so we have given her some money to help with the move as she has to sell her house and buy a new one 100+ miles away.

    However OHs pension starts next month and we get a very large TFLS so finances all up in the air at the moment.
    Debt and mortgage free and saving for early retirement
    • aNom
    • By aNom 15th Oct 16, 10:40 PM
    • 60 Posts
    • 60 Thanks
    aNom
    I don't think I'm going to hit my target I've got 2 paydays left and £7500 of target remaining... I might be able to do another £3000 leaving me ~£4500 short.
    • bobobski
    • By bobobski 16th Oct 16, 6:04 AM
    • 398 Posts
    • 1,022 Thanks
    bobobski
    I don't think I'm going to hit my target I've got 2 paydays left and £7500 of target remaining... I might be able to do another £3000 leaving me ~£4500 short.
    Originally posted by aNom
    That just means you were challenging yourself with your target rather than setting a number you knew you'd reach. None of us cool kids meet our targets
    #86: Save £12k in 2016: £7,792.18 / £10,000 (77.92%) | #[ ]: Save 12k in 2017: £0 / £12,000 (0%)
    House deposit by 31/12/2020: £10,763.60 / £60,000 (17.93%)
    Emergency fund by 31/12/2020: £294.91 / £5,000 (5.89%)
    • RichyRich
    • By RichyRich 16th Oct 16, 11:30 AM
    • 1,770 Posts
    • 2,048 Thanks
    RichyRich
    Well, I got deliciously close but will have to forego the cigar, I fear.

    On the plus side, our beautiful new kitchen should be installed in early November and I wouldn't have been able to afford it without what this thread helped me to achieve.

    I'll be shelling out the best part of 5 grand very soon which puts a big hole in my savings, but I'll continue to report on progress to see just how close to my target I actually got. And how much I'd havehad if we disn't need a new kitchen
    #145 Save £12k in 2016 Challenge: £12,062.62/£12,000.00 Beginning Balance: £5,027.78 CHALLENGE MET
    This is the secret message.
    • tmsbry
    • By tmsbry 18th Oct 16, 11:04 PM
    • 34 Posts
    • 103 Thanks
    tmsbry
    £760 for the month of October.

    Really hoping I can hit my targets next year but happy with how I've done this year.
    #51. £12K in 2016 - £8090/£12,000
    • Domayne
    • By Domayne 20th Oct 16, 7:46 AM
    • 571 Posts
    • 1,258 Thanks
    Domayne
    I think I'm also done for this year. I didn't manage to save my usual 1k this month due to a £320 dentist bill and going a bit wild in boots and spending just under £200 on make up. So I need to pay £507 to my credit card this month and have put £500 into my savings taking me to £8200 saved for this year, so I did reach my target!
    However November/December pay I will need to use the money for my yearly travel card (1,512) and Xmas things. I also need to book my flight + accommodation for my sisters wedding.
    I will be back in 2017 but wish the rest of you still taking part good luck for the rest of this year!
    ~I'm not crazy - My reality is just different to yours~
    ~Selfish is the name that the jealous give to the free~
    *I move the stars for no-one*
    Saved so far - £
    16700.00
    Save 12k in 2016 #127 £8400.00/£8000.00
    • Wentthedaywell?
    • By Wentthedaywell? 20th Oct 16, 7:15 PM
    • 376 Posts
    • 2,115 Thanks
    Wentthedaywell?
    Third expensive month in a row! This month was £650 on a new washing machine and £110 on an annual membership, but I did get a a bit extra due to work expenses refunded. So £900 saved overall.

    Still on track to meet my target, only two more months to go!
    Save £13k in 2016 #7: Nov £12,500
    £365 in 365 days 2017 #2
    Save £10,000 p.a, 2013-17:2013 £11,500; 2014 £10,000 2015 £6,500
    • Westie983
    • By Westie983 21st Oct 16, 12:52 PM
    • 3,219 Posts
    • 12,600 Thanks
    Westie983
    Last standing order has just gone out so im declaring this month
    £650
    it was £1650 but I paid off a credit card last month with my matured FD regular saver after I declared here so I have taken it off this months savings..

    I love the regular savers just send the money and get rewarded with interest at the end of a year, next one to mature is Nationwide at the end of November, which will be quite a nice one, to subsidise my income in December/January as I get paid early in Dec, so its a long wait till payday comes again.

    I will continue to declare even though I have made my target, the SO have already been set up, after all its all changing next year with interest rates and reward payments, so I will be moving some money around to maximise where I can...

    Keep going everyone, after all there is .....



    Westie983
    Save 12k in 2016 #16 Total £14650/£12000 = 122.08%
    Sealed Pot Challenge ~ 10 #97 Total (£252) +£13/£300 = 88.33% ( x 10)
    Xmas 2017 £1 a Day #6 Total £34.00/£365 = 9.31%
    Virtual Sealed Pot #1 Total £800/£800 = 100.00%
    £2 Savers Club 2016 #104 Total (£1060)+£386/£2000 = 72.30%

    Total £17195.78/£15465 = 111.18%
    • sofarbehind
    • By sofarbehind 22nd Oct 16, 11:08 AM
    • 245 Posts
    • 1,033 Thanks
    sofarbehind
    Hello everyone,

    Sorry I've been missing in action for a few months. It's been lovely to read everyone's updates. Unfortunately no saving has been done my end as I've had some huge house buying bills to pay. I need to buy a car before the new year too so I think I'm going to say goodbye until 2017 when I will start again, fingers crossed as a homeowner...

    Thanks for all your support over the last two years, I wouldn't have saved anything like as much without the support of this thread.
    Save 12k in 2015, Number #052 (19.4k)
    Save 12k in 2016, Number #031 (15.1)
    saving for a house deposit: 51k/50k
    Student loan remaining: £985
    • GTR King
    • By GTR King 23rd Oct 16, 1:09 AM
    • 588 Posts
    • 103 Thanks
    GTR King
    At begging of the year I had (Altogether) about lets say 9k for instance

    My target for this year was to save £4,000

    I Smashed that Achievement in September (Saved 5K) But bought a car/insured/taxed it so the money went down a bit. (Want my own didn't wanna share with mum any more)

    Did sell my old iPhone 6 but naught me bought an Xbox one with that money

    But I am Gonna save up again next year for a nice holiday or go to a Trance Event e.g to see Armin Van Burren or A State of trance Event

    Spent quite a bit lately so after the next 2 weekends (Halloween party & Night out/stay over in Norwich) I am gonna cut down on going out clubbing etc and will save my money for Christmas & will only spend when I need to E.G Fill Car Up/Go on dates (If I get any) & see friends

    I do spend £12.30 a week to go swimming at my local pool 3 times a week

    I feel saving up is a good idea as only spend what you have
    Last edited by GTR King; 23-10-2016 at 1:22 AM.
    • jacci45
    • By jacci45 24th Oct 16, 11:35 AM
    • 1,447 Posts
    • 4,155 Thanks
    jacci45
    Number 24 reporting, what with holidays and weddings I cannot stop spending this year!!
    This months spend was a puppy but she is worth every single penny!
    This month I have saved £491.63 and I have decided to reduce my target to 10000 for 2016.
    However, with the year I have had I am amazed that I can save at all and it is all down to this thread and SF so a huge thank you!!
    Take care all.xxx
    • bobobski
    • By bobobski 24th Oct 16, 10:00 PM
    • 398 Posts
    • 1,022 Thanks
    bobobski
    This months spend was a puppy but she is worth every single penny!
    Originally posted by jacci45
    OH MY GOODNESS A PUPPY I'M INSANELY JEALOUS!! I hope you adopted - that would be very MSE
    Last edited by bobobski; 25-10-2016 at 7:12 AM.
    #86: Save £12k in 2016: £7,792.18 / £10,000 (77.92%) | #[ ]: Save 12k in 2017: £0 / £12,000 (0%)
    House deposit by 31/12/2020: £10,763.60 / £60,000 (17.93%)
    Emergency fund by 31/12/2020: £294.91 / £5,000 (5.89%)
    • SpekySquarehead
    • By SpekySquarehead 25th Oct 16, 9:14 AM
    • 924 Posts
    • 7,197 Thanks
    SpekySquarehead
    Number 24 reporting, what with holidays and weddings I cannot stop spending this year!!
    This months spend was a puppy but she is worth every single penny!
    This month I have saved £491.63 and I have decided to reduce my target to 10000 for 2016.
    However, with the year I have had I am amazed that I can save at all and it is all down to this thread and SF so a huge thank you!!
    Take care all.xxx
    Originally posted by jacci45
    We need pictures!!!
    Debt Free Date: 29/09/16
    Savings Target by June '17 = £1,350/£4,000
    NSD (18/20)
    • slowlyfading
    • By slowlyfading 25th Oct 16, 10:17 AM
    • 12,902 Posts
    • 73,219 Thanks
    slowlyfading
    I don't think I'm going to hit my target I've got 2 paydays left and £7500 of target remaining... I might be able to do another £3000 leaving me ~£4500 short.
    Originally posted by aNom
    I'm not going to meet mine either... but it's better than nothing!
    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 / Dec NSD - 0/15 / Ultimate Dream Fund - £10,417.97/£306,000
    Engaged 14/08/10 // Married 31/03/12 // DS born August 15
    • slowlyfading
    • By slowlyfading 25th Oct 16, 10:19 AM
    • 12,902 Posts
    • 73,219 Thanks
    slowlyfading
    We need pictures!!!
    Originally posted by SpekySquarehead
    We definitely do! Love puppies
    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 / Dec NSD - 0/15 / Ultimate Dream Fund - £10,417.97/£306,000
    Engaged 14/08/10 // Married 31/03/12 // DS born August 15
    • slowlyfading
    • By slowlyfading 25th Oct 16, 10:24 AM
    • 12,902 Posts
    • 73,219 Thanks
    slowlyfading
    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 - Dr Seuss
    Personal Finance Blogger / Dec NSD - 0/15 / Ultimate Dream Fund - £10,417.97/£306,000
    Engaged 14/08/10 // Married 31/03/12 // DS born August 15
    • george4064
    • By george4064 25th Oct 16, 2:10 PM
    • 580 Posts
    • 614 Thanks
    george4064
    Not sure if its just me, but when I try to open up the spreadsheet it doesn't load...

    This site can’t be reached

    docs.google.com took too long to respond.
    Try:
    Checking the connection
    Checking the proxy and the firewall
    Running Windows Network Diagnostics
    ERR_CONNECTION_TIMED_OUT
    "If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes” Warren Buffett

    Save £12k in 2016 - #045
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