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  • 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 33
    • elephantrosie
    • By elephantrosie 19th Apr 17, 12:22 AM
    • 363 Posts
    • 102 Thanks
    elephantrosie
    Bit late for March - but £1219 - just £640 off the magical £100,000 deposit mark.
    Originally posted by Xenon
    how old are you? any other assets like properties and investments?
    • zafiro1984
    • By zafiro1984 19th Apr 17, 2:40 PM
    • 1,148 Posts
    • 8,904 Thanks
    zafiro1984
    A bit late submitting my March total, I've altered my (hopeful) savings for the year from £2500 to £8000.

    I was saving to have the driveway done this Autumn, nothing special just paviers and tarmac but it will make the place look a lot tidier. Had a couple of quotes/estimates, they landed at 27k and 32k a bit more than I hoped. I may have to wait a little longer before it's done
    Aug Grocery 258.35/250 Sept Grocery 277.53/300 £22.47 left
    • Jaglad111
    • By Jaglad111 19th Apr 17, 5:50 PM
    • 85 Posts
    • 160 Thanks
    Jaglad111
    Hi, I know it's a little late bit I would love to join, I'm running April to April so on month one but dividing my target of 30k by 3/4's gives me a target of 22500 by the end of december. Target is for first time buyer mortgage so committed 100%!.
    • justwingingit
    • By justwingingit 19th Apr 17, 7:41 PM
    • 4 Posts
    • 15 Thanks
    justwingingit
    I know I'm incredibly late but I would like to join too, if possible! We're getting married next year and need to save around £12,000 by next June so I'm going to try for £10,000 by December.
    • Jazee
    • By Jazee 20th Apr 17, 8:56 AM
    • 4,033 Posts
    • 47,388 Thanks
    Jazee
    Welcome newbies. This thread really helps with staying focussed on saving.
    The "Save 12k in 2017" Thread! (#20) September £409.15 Total £8409.15/£12000




    • Westie983
    • By Westie983 20th Apr 17, 10:29 AM
    • 3,773 Posts
    • 13,844 Thanks
    Westie983
    Standing Orders are due out tomorrow but I will be away from my computer so I am declaring now, for April.

    I have saved £1750...

    Had a maturing Regular Saver this month from Kent BS, so I have taken the balance off my total as I used it to pay off one of my credit cards.

    I will now have a maturing Regular Saver every two months till the end of the year, so hopefully my savings will balance out come the end of the year.

    Happy potting all



    Westie983
    Last edited by Westie983; 20-04-2017 at 10:32 AM.
    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
    • ada-or-ardor
    • By ada-or-ardor 21st Apr 17, 10:03 PM
    • 131 Posts
    • 503 Thanks
    ada-or-ardor
    Hello all, and welcome to the new joiners!!

    Just declaring my April savings of £689.93 - I got a pay rise and 90% of that is going to my monthly savings from now on, plus i got over £100 compensation from my train company for their shocking service last year...!

    Hope everyone else is getting on well! :-)

    Ada
    • elephantrosie
    • By elephantrosie 21st Apr 17, 10:46 PM
    • 363 Posts
    • 102 Thanks
    elephantrosie
    so inspired just from reading all the replies. i dont have an aim for the year as i dont really calculate how much i keep. i do use an app to keep track of how much i spend and on average i save at least 60% of my monthly salary.
    • frugal90
    • By frugal90 22nd Apr 17, 3:57 PM
    • 224 Posts
    • 108 Thanks
    frugal90
    just repaid an outstanding loan, how do other members treat that? does it count as savi ngs or expenditure?
    • bobobski
    • By bobobski 22nd Apr 17, 6:07 PM
    • 643 Posts
    • 1,472 Thanks
    bobobski
    just repaid an outstanding loan, how do other members treat that? does it count as savi ngs or expenditure?
    Originally posted by frugal90
    I count it as expenditure as paying off a loan doesn't give you more money to spend (it's actually spending your money - when you took out the loan and presumably used it for something, you were spending someone else's money). However, if you're more interested in net wealth you could treat it as savings for this challenge. Whatever works for you
    #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%)
    • Suffolk lass
    • By Suffolk lass 23rd Apr 17, 8:53 AM
    • 1,476 Posts
    • 16,888 Thanks
    Suffolk lass
    just repaid an outstanding loan, how do other members treat that? does it count as savi ngs or expenditure?
    Originally posted by frugal90
    I do the same as Bob, and count it as expenditure for this challenge, but I separately count my reducing debt liabilities and do my off-set calculations between realisable savings and debt liabilities on a regular basis (more so since I started a diary)
    MFiT T4 #2 update 31.2% after Q6
    Save £12k in 2017 #64 - £8112.39 saved (73.74%) after August - my annual target is £11,000
    OS Grocery Challenge 2017 budget of £3,600 £3000 (reduced from Apr) - 61.61/66.66% including stores after July
    My DFD is http://forums.moneysavingexpert.com/showthread.php?t=5593594
    • Wentthedaywell?
    • By Wentthedaywell? 24th Apr 17, 8:26 AM
    • 438 Posts
    • 2,391 Thanks
    Wentthedaywell?
    £1300 saved for April. It was quite an expensive month wth a flight and weekend away, £200 to get a couple of pictures framed and my goddaughter's 21st, but offset by a (rare) bit of paid overtime and a magnificent 20 quid pay rise

    A third of the way to our targets already, well done everyone!
    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
    • justwingingit
    • By justwingingit 24th Apr 17, 9:24 PM
    • 4 Posts
    • 15 Thanks
    justwingingit
    Evening everyone - newbie here!

    Just a few questions, what does everybody to for extra income / savings? I'll be putting wages aside, selling a few things on eBay and I've signed up to quite a few survey sites to see how that goes. What does everyone else do?
    • StarShapedPeg
    • By StarShapedPeg 25th Apr 17, 4:55 PM
    • 45 Posts
    • 225 Thanks
    StarShapedPeg
    Hello
    Reporting a measly £600 this month, on account of my (shocking) credit card bill.
    Never mind, onwards and upwards, good luck with all the saving and enjoy the tail end of April.
    #138 - The "Save 12k in 2017" challenge
    • CheBee
    • By CheBee 26th Apr 17, 1:06 PM
    • 21 Posts
    • 36 Thanks
    CheBee
    Hello! Reporting 1300 for last month (April). This month nothing so far as I need to get my teeth done!
    The 'Save £12k in 2017' #..., Personal target for 2017: £10,000., Total Saved for 2017: £3,800/£10,000 , Total saved: £39,700k
    • CheBee
    • By CheBee 26th Apr 17, 1:14 PM
    • 21 Posts
    • 36 Thanks
    CheBee
    Evening everyone - newbie here!

    Just a few questions, what does everybody to for extra income / savings? I'll be putting wages aside, selling a few things on eBay and I've signed up to quite a few survey sites to see how that goes. What does everyone else do?
    Originally posted by justwingingit

    Hi. I am a nurse so when I can be bothered I will work a extra agency shift. Thats the only way I can generate more money. What survery sites have you signed up to
    The 'Save £12k in 2017' #..., Personal target for 2017: £10,000., Total Saved for 2017: £3,800/£10,000 , Total saved: £39,700k
    • Wobblydeb
    • By Wobblydeb 26th Apr 17, 3:29 PM
    • 874 Posts
    • 1,358 Thanks
    Wobblydeb
    I've added £919.90 in April, and not quite happy with that. It should have been at least £1,200 what with £200 reward coming in from opening a new account. We had rather a spendy month, and May is not shaping up much better

    I've got £9,633 to raise from the remaining 8 months, so £1,204 per month and that includes Christmas!! Time to put some of our clutter on eBay, make lunches from scratch and shop smarter!
    I've got a plan so cunning you could put a tail on it and call it a weasel.
    • jacci45
    • By jacci45 26th Apr 17, 3:41 PM
    • 1,477 Posts
    • 4,288 Thanks
    jacci45
    £620.53 this month..good luck all!
    • Suffolk lass
    • By Suffolk lass 26th Apr 17, 4:15 PM
    • 1,476 Posts
    • 16,888 Thanks
    Suffolk lass
    Evening everyone - newbie here!

    Just a few questions, what does everybody to for extra income / savings? I'll be putting wages aside, selling a few things on eBay and I've signed up to quite a few survey sites to see how that goes. What does everyone else do?
    Originally posted by justwingingit
    I save extra by spending less - over five years I have taken our housekeeping down to less than a third of what I was spending. If you are interested, check out the monthly grocery change in the "Old-Style Moneysaving" part of the forums. There are lots of top tips for planning and spending less over there (and they are lovely helpful, supportive posters too)
    MFiT T4 #2 update 31.2% after Q6
    Save £12k in 2017 #64 - £8112.39 saved (73.74%) after August - my annual target is £11,000
    OS Grocery Challenge 2017 budget of £3,600 £3000 (reduced from Apr) - 61.61/66.66% including stores after July
    My DFD is http://forums.moneysavingexpert.com/showthread.php?t=5593594
    • BBH123
    • By BBH123 27th Apr 17, 9:42 AM
    • 404 Posts
    • 543 Thanks
    BBH123
    Hi Everyone

    Well I have had my savings wiped out last month through yet more service charges on my flat so Im regrouping and now need to save £556 a month for my target of £5k by Dec.

    So Aprils savings are £556

    Hope everyone else has a great month.
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