Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@. Skimlinks & other affiliated links are turned on

Search
  • FIRST POST
    • slowlyfading
    • By slowlyfading 4th Dec 16, 8:57 PM
    • 12,857Posts
    • 73,787Thanks
    slowlyfading
    The "Save 12k in 2017" Thread!
    • #1
    • 4th Dec 16, 8:57 PM
    The "Save 12k in 2017" Thread! 4th Dec 16 at 8:57 PM
    So, the title is pretty self explanatory, but this is the place to be in 2017

    In 2017, the aim is to save £12k (or, any other amount if you like!) from 1st January 2017 til 31st December 2017. 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 2017 00:00 and finishes on 31st December 2017 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 tends to start off great and then people disappear

    Challenger List:
    001. slowlyfading - £12,000
    002. geoffers4 - £25,000
    003. george4064 - £12,000
    004. joey_93 - £12,000
    005. Zippeh - £12,000
    006. Lolly88 - £12,000
    007. swimminginaseaofdebt - £2,017
    008. JMR14 - £14,000
    009. darkidoe - £15,000
    010. Duckyduck - £12,000
    011. allie23 - £12,000
    012. Wentthedaywell? - £10,000
    013. Sebrof89 - £8,000
    014. micron - £12,000
    015. Westie983 - £12,000
    016. TrustyOven - £10,000
    017. mummytummy - £12,000
    018. bobobski - £12,000
    019. coolcats - £7,000
    020. Jazee - £12,000
    021. jessy-eve - £3,500
    022. emincosi - £15,000
    023. Kreacher - £6,000
    024. ToiletLicker - £12,000
    025. Mogley - £5,000
    026. BBH123 - £5,000
    027. Twiggy_34 - £2,500
    028. Karen's girl - £7,000
    029. Hantsman - £18,000
    030. PoorGuyNextDoor - £12,000
    031. Kahra - £18,000
    032. laura84gr - £12,000
    033. ryath - £6,000
    034. Dird - £25,000
    035. Bored - £12,000
    036. nat21luv - £12,000
    037. letiss7 - £12,000
    038. cathybird - £12,000
    039. garfield33 - £6,000
    040. qwertysaver1 - £9,000
    041. nikki2804 - £3,000
    042. Esufce - £14,000
    043. gchh86 - £8,000
    044. Wanna Bee Free - £7,500
    045. boglehead - £120,000
    046. CrabbitDutchie - £12,000
    047. CouponClipper - £7,000
    048. rjrs0510 - £50,000
    049. Rishified - £8,000
    050. lilyflower7 - £7,000
    051. s1ipmatt - £2,500
    052. hermionesaver - £5,000
    053. 5t3ve - £6,000
    054. kirtsybum - £10,000
    055. lisa110rry - £12,000
    056. jacci45 - £12,000
    057. Puddylove - £9,000
    058. copperjar - £6,000
    059. e4rly - £5,000
    060. RichyRich - £12,000
    061. Sakon1 - £6,500
    062. ada-or-ardor - £6,000
    063. Londinuim33 - £48,000
    064. Suffolk lass - £11,000
    065. Allotrope - £4,500
    066. Buffythedebtslayer - £5,000
    067. Domayne - £10,000
    068. Gem-gem - £6,000
    069. Lomcevak - £24,000
    070. Psychobabble78 - £12,000
    071. Fruittea - £12,000
    072. giggleyay - £7,000
    073. kitjos - £8,000
    074. Ruthy1604 - £30,000
    075. kittenkicks - £15,000
    076. Sabrinasway - £10,000
    077. pineconesjay - £17,000
    078. enomis - £15,000
    079. ambitiouspanda - £18,000
    080. Gillbrah - £5,000
    081. black taxi - £10,000
    082. kev2009 - £6,000
    083. cydney65 - £5,000
    084. groovy_chick - £12,000
    085. TwentySomethingGirl - £15,000
    086. monz - £7,500
    087. Pennypenny - £12,000
    088. Wilkos - £10,000
    089. Clare43 - £12,000
    090. _Amaryllis_ - £15,000
    091. freezspirit - £4,000
    092. silvasnow - £12,000
    093. TallGirl - £12,000
    094. Frugaliza - £6,000
    095. try harder - £12,000
    096. snozberry 0 £6,000
    097. shiningfaery - £2,000
    098. zzzt - £6,000
    099. Rhys37429 - £4,000
    100. Hutchch0920 - £12,000
    101. MissLisaxo - £12,000
    102. LA.Nyx - £10,000
    103. JamesLHarris - £5,000
    104. SpekySquarehead - £4,500
    105. lashie - £3,500
    106. Caravan of Love - £15,000
    107. mrskingandthescarecrow - £12,000
    108. Rosie D - £8,000
    109. LabRatty - £25,000
    110. dark.knight - £10,000
    111. kingrulzuk - £12,000
    112. calltheshots - £5,000
    113. ZoeGold - £10,000
    114. rupzy1 - £12,000
    115. rutterc85 - £25,000
    116. poohbear59 - £5,000
    117. Saver-upper - £5,000
    118. EC12345 - £5,000
    119. Tiggy59 - £10,000
    120. YummyMummy20 - £8,000
    121. sonas_baby - £5,000
    122. xmillyx - £15,000
    123. HornetSaver - £10,000
    124. Okitr - £4,000
    125. Sassysaver7 - £4,500
    126. Queenofcolouringandtea - £12,000
    127. Poppy2008 - £10,000
    128. missy83 - £15,000
    129. Cottage Economy - £4,000
    130. fire-wannabe - £1,000
    131. OxfordGirl - £10,000
    132. Save Dosh - £5,000
    133. imajica37 - £6,000
    134. AnieKitten - £12,000
    135. Charlene84 - £12,000
    136. FrankieM - £12,000
    137. Tom86 - £10,000
    138. StarShapedPeg - £10,000
    139. Sunnybee - £42,000
    140. Determined diva - £2,000
    141. hugger - £4,000
    142. 1393jason - £5,000
    143. Carrie85 - £10,000
    144. zafiro1984 - £2,500
    145. jackie_w - £2,017
    146. MrsPorridge - £12,000
    147. FlacosFloozie - £9,000
    148. tara747 - £12,000
    149. Watty1 - £12,000
    150. Wobblydeb - £20,000
    151. frugal90 - £36,000
    152. Bonfire Bride - £8,000
    153. bsms1147 - £15,000
    154. Garfield1987 - £12,000
    155. pearl123 - £1,500
    156. mattdeeks - £15,000
    157. Jo Blogs - £5,000
    158. laurababs - £5,000
    159. TwentySomethingGirl - £15,000
    160. Fruittea - £12,000
    161. GilmoreGirl - £5,000
    162. Xenon - £12,000
    163. Gempie - £6,000
    164. Starzy - £6,000
    165. MissMarble - £12,000


    CLICK HERE for the easy update form:
    https://docs.google.com/forms/d/e/1FAIpQLScxZ9aJl2FtChf6FpAt-XYLSKpltXBE8CkTzQkX3Ffs9FWyWw/viewform


    CLICK HERE to see the total amounts so far:
    https://docs.google.com/spreadsheets/d/1xEfqfOSczCyEjqf8DQELOVdvEUnFN5LplxnZiGI-KZo/edit?usp=sharing
    Last edited by slowlyfading; 18-01-2017 at 9:18 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 / Ultimate Dream Fund - £18,522.47/£306,000
    Engaged 14/08/10 // Married 31/03/12 // DS born August 15 // Baby #2 Due Dec 17
Page 28
    • MissMarble
    • By MissMarble 12th Mar 17, 8:36 PM
    • 5 Posts
    • 35 Thanks
    MissMarble
    Late February update
    Hi everyone,

    Very late update from me - I recently started a new job and so I've been quite caught up in that. I'm declaring £250 for February which is a bit of a cheat update as it's a standing order I've made into my super saving account once I get paid.

    I have saved some extra money but it's my boyfriend's birthday this month and I've used that load of savings towards his gift. Some may count it as a saving, but I know it will soon leave the account so as I think I've said before my savings I focus on with this thread is more bigger things - I.e. House deposit!

    My boyfriend and I are also saving into a holiday fund which a slice of my savings go into - it again it's expected to leave that account. Once March is over I think I'll be able to add more into the deposit fund.

    I've had a bit of a re-think in terms of how I'm budgeting and recording our spends and as well as noting things in my journal - I've created a couple of spreadsheet pages which are work in progress!

    Hope everyone is having a great month!
    • CrabbitDutchie
    • By CrabbitDutchie 12th Mar 17, 9:04 PM
    • 29 Posts
    • 165 Thanks
    CrabbitDutchie
    Thanks Pennystretcher Twiggy and Kitjos for your thoughts.

    I'm planning that the extra take home pay from the rise will go straight into savings without me ever 'seeing' it so that there's no danger from accidental lifestyle inflation.

    As I'm not specifically saving for a house deposit (for which I'd want everything in relatively easy access cash) I'm toying with the idea of putting a portion of my rise and any windfalls into an S&S ISA. Both to diversify a bit and to put off opening yet another currrent account/regular saver (had that all thought out based on my salary staying the same).

    As for treating myself, I'm planning a weekend in London (have some training near London that work are paying for, but they're not re-imbursing the travel and accomodation). Does getting the train back up first class for £35.50 count? I've never got the train from London to Glasgow before (usually megabus it) and have most definitely never travelled 1st class!
    Save 12K in 2017 #46 - £9,116/£12,000 (75.97%)
    Save 12K in 2016 #184 - £4,608/£4500 (102.4%)
    • bobobski
    • By bobobski 13th Mar 17, 7:08 AM
    • 643 Posts
    • 1,472 Thanks
    bobobski
    Hi everyone,

    Very late update from me - I recently started a new job and so I've been quite caught up in that. I'm declaring £250 for February which is a bit of a cheat update as it's a standing order I've made into my super saving account once I get paid.

    I have saved some extra money but it's my boyfriend's birthday this month and I've used that load of savings towards his gift. Some may count it as a saving, but I know it will soon leave the account so as I think I've said before my savings I focus on with this thread is more bigger things - I.e. House deposit!

    My boyfriend and I are also saving into a holiday fund which a slice of my savings go into - it again it's expected to leave that account. Once March is over I think I'll be able to add more into the deposit fund.

    I've had a bit of a re-think in terms of how I'm budgeting and recording our spends and as well as noting things in my journal - I've created a couple of spreadsheet pages which are work in progress!

    Hope everyone is having a great month!
    Originally posted by MissMarble
    Everyone is different but I agree with you in terms of what counts as savings - for the purpose of this challenge, since it's for the whole of 2017 (unless you specifically say otherwise), it makes sense that money saved to be spent later in the year doesn't count as savings. But I don't think a standing order for savings is cheating at all; it's one of the best ways to do it! Making saving automatic is often recommended; saving doesn't necessarily involve toil and struggle and active moving of money
    #18: Save 12k in 2017: £7,620.13 / £12,000 (63.5%) | #86: Save £12k in 2016: £8,476.09 / £10,000 (84.76%)
    House deposit by 31/12/2020: £18,139.42 / £60,000 (30.2%) | Emergency fund by 31/12/2020: £1,223.13 / £5,000 (24.4%)
    • Fruittea
    • By Fruittea 13th Mar 17, 8:31 AM
    • 730 Posts
    • 2,678 Thanks
    Fruittea
    It's a slow start to the month for me. Only £154 in the savings account so far. But I knew March would be a slow month as I don't have much income from house sitting etc - I best get on with some Ebay selling.
    "Save 12k in 2017" - £9970.12 Number 71
    May Grocery Challenge £0.00/£150.00
    The great, good and not so good bits about growing your own dinner 2017

    No Clutter To Be Seen 476/2017
    • Jo Blogs
    • By Jo Blogs 13th Mar 17, 4:57 PM
    • 751 Posts
    • 2,593 Thanks
    Jo Blogs
    Well done everyone with promotions, new jobs, bonuses, and savings
    Declaring £727.12 for March

    Keep up the great savings
    Saved Nitty Gritty £7440.75 [149%] / £5000-[Sep] £58.44 for the 'Save 12k in 2017' #157
    2017 Womble #35 £3463.27 Sept NSDs 4/15CCCChl 9/12 months
    Sept PPChl#002 Pts 71
    • slowlyfading
    • By slowlyfading 15th Mar 17, 8:45 PM
    • 12,857 Posts
    • 73,787 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 / Sept NSD - 14 / Ultimate Dream Fund - £18,522.47/£306,000
    Engaged 14/08/10 // Married 31/03/12 // DS born August 15 // Baby #2 Due Dec 17
    • Gem-gem
    • By Gem-gem 15th Mar 17, 8:51 PM
    • 2,393 Posts
    • 6,859 Thanks
    Gem-gem
    £500 into reg saver 1
    £500 into reg saver 2
    £200 into reg saver 3
    £105.31 interest from reg saver

    £1305.31 but £1000 out of ISA towards holiday so reporting 305.31cr

    £2002.13 up on the year.

    We're going to visit the polar bears, in Canada, later on this year. Woo Hoo!
    Last edited by Gem-gem; 15-03-2017 at 8:53 PM.
    £2 Savers Club 2017 -no 1 £294£360
    Save £12k in 2017 - no 68 ( 3402.13/6000)
    Virtual sealed pot 2017 - no 20 £33.24/£100
    • Westie983
    • By Westie983 16th Mar 17, 1:34 AM
    • 3,772 Posts
    • 13,838 Thanks
    Westie983
    £500 into reg saver 1
    £500 into reg saver 2
    £200 into reg saver 3
    £105.31 interest from reg saver

    £1305.31 but £1000 out of ISA towards holiday so reporting 305.31cr

    £2002.13 up on the year.

    We're going to visit the polar bears, in Canada, later on this year. Woo Hoo!
    Originally posted by Gem-gem
    Sounds amazing :-)
    Save 12k in 2017 #16 Total £21,355/£12,000 = 177.95%
    Sealed Pot Challenge ~ 10 #97 Total (£252) +£158/£500 = 82.00% ( x 10)
    Xmas 2017 £1 a Day #6 Total £330/£365 = 90.41%
    Virtual Sealed Pot #1 Total £1,350/£1,800 = 75.00%
    £2 Savers Club 2017 #3 Total (£1,450)+£50/£2,000 = 75.00%

    Total £24,945/£16,665 = 149.68%

    I'm a Board Guide on Budgeting & Bank Accounts, Debt-Free Wannabe, Disability Money Matters, and Savings & Investments. I'm a volunteer helping the boards run smoothly, but I'm not a moderator, and do not read all posts. If you see an inappropriate/illegal post then email forumteam@moneysavingexpert.com
    • Jazee
    • By Jazee 16th Mar 17, 7:34 AM
    • 4,030 Posts
    • 47,361 Thanks
    Jazee
    Pay day here today and I'm going to struggle to hit the £1k mark this month although I am putting £600 into shares, but don't count that for this challenge. I'm glad that I'm a little ahead already and hope to get back on track for April.
    The "Save 12k in 2017" Thread! (#20) September £409.15 Total £8409.15/£12000




    • Mogley
    • By Mogley 16th Mar 17, 3:02 PM
    • 211 Posts
    • 176 Thanks
    Mogley
    Update for March
    Total Saved = £102.25 against my target of -£100.
    YTD = £-174.83 against a target YTD of -£300. So I'm ahead which is a real achievement for me.


    One more month left of OH being on maternity leave but this month she is on zero pay so it will be tough with council tax and my student loan payments starting again (I've had a couple of months without paying either).


    I'm looking forward to seeing how everybody else fairs now the year has well and truly started.


    Happy Saving.
    No.25 for 2017 £1070/£4000 saved.
    You should pay attention to the needs of the moment - otherwise there is no future. But to ignore the future is foolish - living solely for the moment leaves nothing for when the next moment arrives.
    • kitjos
    • By kitjos 17th Mar 17, 9:10 AM
    • 181 Posts
    • 1,043 Thanks
    kitjos
    Hi all!

    Last week of savings for me . Next two Fridays pay will go towards April's credit card and mortgage etc.

    Another £300 saved taking total for March of = £1800. Now at 4k and halfway towards my yearly total!



    Love 5 week months!! lol.

    Best of luck to everyone else - now eagerly waiting for April pay-packets!

    Thanks SF for all your hard work xxx

    #73
    "Don't underestimate the value of financial security"

    (#73) Joint savings account = £8,500 / £10,000
    • Jo Blogs
    • By Jo Blogs 18th Mar 17, 3:18 AM
    • 751 Posts
    • 2,593 Thanks
    Jo Blogs
    Good morning folks!

    Well done with all the saving efforts for March

    Thank you SF for posting the results so far
    Saved Nitty Gritty £7440.75 [149%] / £5000-[Sep] £58.44 for the 'Save 12k in 2017' #157
    2017 Womble #35 £3463.27 Sept NSDs 4/15CCCChl 9/12 months
    Sept PPChl#002 Pts 71
    • Lolly88
    • By Lolly88 19th Mar 17, 2:08 PM
    • 171 Posts
    • 638 Thanks
    Lolly88
    Number 6: March update - saved £1000 this month bringing total saved this year to -£3904.48 and total overall to £19433.68. Slowly, slowly getting back to where I once was.
    House Fund - £24,900
    Save 7k in 2017 #6: £1900/£7,000
    Save 12k in 2016: £14,750/£12000 - Save 6k in 2015: £8250/£6000
    • Karen's girl
    • By Karen's girl 19th Mar 17, 5:40 PM
    • 50 Posts
    • 225 Thanks
    Karen's girl
    #28 declaring £425 for March. Keep up the motivation, folks!
    I used to be stupid with money, but am learning to be better with it now........

    _______________________________________________
    Current savings: £13,287.19
    Save 12k in 2016#087: £6,326/£6000.
    Save 12k in 2017 #28: £4,029.62/£7,000
    • Bored
    • By Bored 19th Mar 17, 6:42 PM
    • 248 Posts
    • 349 Thanks
    Bored
    Declaring a saving of £250 for March. Unfortunately it looks like I won't be able to save much for the next few months because I will be finishing my PhD (so no more funding) and looking for a job. Fingers crossed the overlap is timed well and I'm able to save much higher figures in the second half of the year.

    Emergency Fund Challenge: £1600 | Save £12,000 in 2017: £750/£12,000
    • CouponClipper
    • By CouponClipper 19th Mar 17, 9:40 PM
    • 20 Posts
    • 82 Thanks
    CouponClipper
    Finally got round to updating February's savings and it doesn't look good. Either my maths is off or I did indeed overspend by £34.49 :/ think March may be a spending month too due to booking an anniversary trip to Edinburgh which will be nice!

    Just finishing doing a lot of bank switches and moving house so money is all over the place but hopefully from April it'll be save save save till the end of the year!
    • Wentthedaywell?
    • By Wentthedaywell? 20th Mar 17, 11:04 AM
    • 438 Posts
    • 2,391 Thanks
    Wentthedaywell?
    Declaring a rather disappointing £700 this month. I did have a long weekend away, I have paid for a flight next month and bought a couple of watercolours at auction for £350! They were rather special to me though and the opportunity will probably never come up again.

    So 25% through the year and only 19% of target. I will get a big boost in September though, but I want to try reach target without counting that.
    Save £13k in 2017 #12: £10,000. Jan-July £3250
    £365 in 365 days 2017 #2
    Save £10,000 p.a, 2013-17: 2013 £11,500, 2014 £10,000, 2015 £6,500, 2016 £14,000
    • Gem-gem
    • By Gem-gem 20th Mar 17, 8:51 PM
    • 2,393 Posts
    • 6,859 Thanks
    Gem-gem
    Declaring a saving of £250 for March. Unfortunately it looks like I won't be able to save much for the next few months because I will be finishing my PhD (so no more funding) and looking for a job. Fingers crossed the overlap is timed well and I'm able to save much higher figures in the second half of the year.
    Originally posted by Bored
    Good luck with finishing your PhD and finding a job. Hope you get what you are looking for.
    £2 Savers Club 2017 -no 1 £294£360
    Save £12k in 2017 - no 68 ( 3402.13/6000)
    Virtual sealed pot 2017 - no 20 £33.24/£100
    • Westie983
    • By Westie983 21st Mar 17, 2:14 AM
    • 3,772 Posts
    • 13,838 Thanks
    Westie983
    My update from February seems to have been missed on the progress spreadsheet, so I will send another form in with the total again

    This month I am declaring

    £3000,

    I have picked up two more regular savers from Virgin Money and had a matured Regular Saver from Santander....

    Not sure my total will be as high next month.

    Westie983
    Save 12k in 2017 #16 Total £21,355/£12,000 = 177.95%
    Sealed Pot Challenge ~ 10 #97 Total (£252) +£158/£500 = 82.00% ( x 10)
    Xmas 2017 £1 a Day #6 Total £330/£365 = 90.41%
    Virtual Sealed Pot #1 Total £1,350/£1,800 = 75.00%
    £2 Savers Club 2017 #3 Total (£1,450)+£50/£2,000 = 75.00%

    Total £24,945/£16,665 = 149.68%

    I'm a Board Guide on Budgeting & Bank Accounts, Debt-Free Wannabe, Disability Money Matters, and Savings & Investments. I'm a volunteer helping the boards run smoothly, but I'm not a moderator, and do not read all posts. If you see an inappropriate/illegal post then email forumteam@moneysavingexpert.com
    • BBH123
    • By BBH123 21st Mar 17, 9:59 AM
    • 404 Posts
    • 543 Thanks
    BBH123
    I've declared £500 for March and I got paid today so paid myself first.

    I normally save what i have left but from now on I'm paying myself first and what I have left is what I have to spend.

    March is a hefty month for me

    Car MOT
    Vet bill
    Mum's birthday
    Mothers day meal out

    All really expensive but with the variable costs I normally spend and splash out but this time I have a set amount left after my savings and I will find gifts that are thoughtful and lovely but not ridiculous, she doesnt need Lulu Guiness handbags all the time lol.

    Also I had a result with the mothers day meal that I treat the parents to, our favourite pub is quite pricey but this year their mothers day set menu is £20 per head, Cant quite believe it tbh.

    Good luck everyone .
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

2,009Posts Today

6,309Users online

Martin's Twitter
  • RT @thismorning: 'Sometimes the best gift is releasing somebody else from the obligation of having to give to you' says @MartinSLewis. Do y?

  • Shana tova umetuka - a sweet Jewish New Year to all celebrating. I won't be online the rest of t'week, as I take the time to be with family

  • Dear Steve. Please note doing a poll to ask people's opinion does not in itself imply an opinion! https://t.co/UGvWlMURxy

  • Follow Martin