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  • FIRST POST
    • slowlyfading
    • By slowlyfading 4th Dec 16, 8:57 PM
    • 12,870Posts
    • 73,894Thanks
    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 / Dec NSD - 3 / Ultimate Dream Fund - £19,661.40/£306,000
    Engaged 14/08/10 // Married 31/03/12 // DS born August 15 // Baby #2 Due Dec 17
Page 49
    • Lomcevak
    • By Lomcevak 1st Oct 17, 7:42 AM
    • 666 Posts
    • 4,023 Thanks
    Lomcevak
    #69 (not #56) updating with £3,546.00 for June and £3,152.40 for July - two much better months that make £16,589.33 for the year so far. August also looking good, so maybe, just maybe, i'll get back on track
    Originally posted by Lomcevak
    Blimey, I'm not doing very well at updating this year

    August was £4,532.08 and September was £2,143.99, so i'm firmly back on track. Total £23,265 of my £30k target.
    MFiT-T4#126, £135k to 60k: £45,030/£75,000(60.05%), 2017 MFW#11 £8,500/£10,000 (85.00%)
    £30k-in-í17#69 £35,097.24/£30,000 (116.99%)
    • Lomcevak
    • By Lomcevak 1st Oct 17, 7:55 AM
    • 666 Posts
    • 4,023 Thanks
    Lomcevak
    I'm a bit of a pensions evangelist now and keep nagging people to sort theirs out NOW and pay extra and not to leave it too late! I'd really recommend looking the Retirement thread. There's lots of very knowledgable and helpful people there, they really helped be make the right decisions.
    Originally posted by Wentthedaywell?
    Good advice - I must figure out what my plan is.

    For me it's not a lack of contributions, I've always made some AVCs and for the past few years i've been putting the full £40k annual allowance in to mine so the 'pot' is somewhere around £400k (i'm in my early-40s, so a fair few years to go yet), Mrs L. is a full professor and is in the University DB scheme so that's probably a pretty good pension. However, I have no idea what i'm saving for, what the timescales are, or whether my fund allocation is appropriate - mine's all in low-cost trackers, so my risk profile's probably a bit too sporty.
    MFiT-T4#126, £135k to 60k: £45,030/£75,000(60.05%), 2017 MFW#11 £8,500/£10,000 (85.00%)
    £30k-in-í17#69 £35,097.24/£30,000 (116.99%)
    • cathybird
    • By cathybird 1st Oct 17, 12:41 PM
    • 2,799 Posts
    • 9,998 Thanks
    cathybird
    hello all, number 38 here, for the second month in a row my amount is a big fat zero , this month due to legal expenses on something property related, nothing scary, just routine but it took out the potential savings for the month basically. October I've got a holiday to book but still more than hopeful of meeting target, which is tantalizingly close, by the end of the year if not before.
    No. 38 in Save 12K in 2017. £11,846.85/£12,000
    Save 12K in 2016: £20,880.11/£15,000
    Save 12K in 2015: £25,464.86/£10,000
    Dec AFDs: 16/21 2017 AFDs: 296/252
    • Wobblydeb
    • By Wobblydeb 2nd Oct 17, 9:38 AM
    • 897 Posts
    • 1,406 Thanks
    Wobblydeb
    I'm on the ball with my update this month. A lovely £2,260.02 to report for September. This was really helped by nursery doing the 30 hours free care by way of a refund.

    I could have saved £300 more, but we spent it on a weekend break doing fun stuff and eating out.

    There is a bit of a time delay on our house purchase, so there is a chance that we won't complete for another couple of months. I might hit my target yet!! ......... and then spend it all on the new house
    I've got a plan so cunning you could put a tail on it and call it a weasel.
    • george4064
    • By george4064 2nd Oct 17, 8:54 PM
    • 866 Posts
    • 933 Thanks
    george4064
    Below average month for me, August was expensive with lots of social activities including festival over the bank holiday weekend.

    HTB - £200
    Sharesave - £223

    Total £423
    Originally posted by george4064
    September's figures:

    HTB - £200
    Sharesave - £223
    P2P - £269

    Total - £692
    "If you arenít willing to own a stock for ten years, donít even think about owning it for ten minutesĒ Warren Buffett

    Save £12k in 2016 - #045 £10,358.81/£12,000 (86%)
    Save £12k in 2017 - #003 £11,830.10/£12,000 (99%)
    • Cottage Economy
    • By Cottage Economy 3rd Oct 17, 9:48 AM
    • 817 Posts
    • 2,416 Thanks
    Cottage Economy
    #129 declaring £458 for September.

    Again, managed to put aside £50 for Christmas in there.

    Our employee share ownership scheme paid out at the end of the last month but we haven't yet decided how much of it we're saving. We have some bits and pieces to do in the house before Christmas so I'll wait until October's update to add that in.

    93% of the way towards the goal!
    Last edited by Cottage Economy; 03-10-2017 at 9:52 AM.
    The 'Save £12k in 2017' #129
    Personal target £4,000.
    £4169.36/£4,000 (104%)

    "...success in personal finance isn't about mastering the technicalities. It is about mastering yourself." Ermine to Cottage Economy, 2012
    • tara747
    • By tara747 3rd Oct 17, 10:26 AM
    • 10,093 Posts
    • 26,644 Thanks
    tara747
    September's figures:

    HTB - £200
    Sharesave - £223
    P2P - £269

    Total - £692
    Originally posted by george4064
    P2P? Was this a payment to you from peer to peer lending?
    Get to 119lbs! 1/2/09: 135.6lbs 1/5/11: 145.8lbs 30/3/13 150lbs 22/2/14 137lbs 2/6/14 128lbs 29/8/14 124lbs 2/6/17 126lbs
    Save £120,000 by 31 Dec 2017! Dec 2011: £54,342 * Dec 2012: £62,200 * Dec 2013: £74,127 * Dec 2014: £84,839 * Dec 2015: £95,207 * Dec 2016: £109,122
    eBay sales - £4,559.89 Cashback - £2,109.36
    • george4064
    • By george4064 3rd Oct 17, 11:27 AM
    • 866 Posts
    • 933 Thanks
    george4064
    P2P? Was this a payment to you from peer to peer lending?
    Originally posted by tara747
    It's a combination of new money I have added to my various P2P accounts as well as interest received.
    "If you arenít willing to own a stock for ten years, donít even think about owning it for ten minutesĒ Warren Buffett

    Save £12k in 2016 - #045 £10,358.81/£12,000 (86%)
    Save £12k in 2017 - #003 £11,830.10/£12,000 (99%)
    • Clare43
    • By Clare43 3rd Oct 17, 3:20 PM
    • 70 Posts
    • 112 Thanks
    Clare43
    Hello. No 89 here reporting a really good month with £17080.43 for September.
    • RichyRich
    • By RichyRich 3rd Oct 17, 7:02 PM
    • 1,811 Posts
    • 2,188 Thanks
    RichyRich
    I've had an awful couple of months, money wise. Had to pay fees to a solicitor as part of a dispute, I've received a demand for hundreds in underbilled service charge (I live in a flat) and yesterday my watch broke and I'm expecting a hefty repair bill (it's an Omega). I daren't check my current overall balance but with this and the mortgage overpayments there's no way I'll get to £12k this year. I will do a calculation at year end but calculating my position now will just depress me.
    #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: £7,614.32/£12,000.00 Beginning Balance: £12,976.79 Still to save: £4,385.48
    This is the secret message.
    • Westie983
    • By Westie983 4th Oct 17, 1:26 AM
    • 3,856 Posts
    • 14,033 Thanks
    Westie983
    I've had an awful couple of months, money wise. Had to pay fees to a solicitor as part of a dispute, I've received a demand for hundreds in underbilled service charge (I live in a flat) and yesterday my watch broke and I'm expecting a hefty repair bill (it's an Omega). I daren't check my current overall balance but with this and the mortgage overpayments there's no way I'll get to £12k this year. I will do a calculation at year end but calculating my position now will just depress me.
    Originally posted by RichyRich
    Year end is fine, as it will make you realise how much you have saved at the end of the year, and hopefully you will feel better at this point, keep going, remember every penny counts :-)

    Westie983
    Save 12k in 2018 #10 Total (£25,000)+£0.00/£12,000 = 0.0%
    Sealed Pot Challenge ~ 11 #97 Total (£410) + £0.00/£800 = 51.25% ( x 11)
    Xmas 2017 £1 a Day #6 Total £400/£365 = 109.58%
    Virtual Sealed Pot #1 Total £1,800/£1,800 = 100.00%
    £2 Savers Club 2017 #3 Total (£1,450)+-450/£2,000 = 50.00%

    Total £28,560/£16,965 = 168.34%

    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
    • Wanna Bee Free
    • By Wanna Bee Free 4th Oct 17, 3:42 AM
    • 1,111 Posts
    • 10,230 Thanks
    Wanna Bee Free
    No 44 reporting in. I saved £750 this month. £500 RS, and £250 SS.
    So that is £7,100 towards my target of £7,500. I am concerned some of it is rubber savings and will be bouncing out again soon but decided the best way to deal with that was ring fence it now!
    £ 500 Flex direct
    £2,500 Sharescheme
    £4,000 Regular Saver
    £100 Other Savings
    No. 44 Save 12K in 2017 £8,500/£7,500 113%
    AFDs 112/150 14/4/10/9/7/3/18/15/17/5/5/4 74%
    • darkidoe
    • By darkidoe 5th Oct 17, 12:25 AM
    • 896 Posts
    • 1,022 Thanks
    darkidoe
    #9 Reporting for the Month of September positive balance of £1599 making a total of £11,119.65 YTD I must say given that I made a short vacation trip to Paris last week, I am glad it didn't put too much of a dent to my savings. Frugal travel!

    I don't think I am doing much better compared to last year at the same stage and I don't think I am going to reach the same heights as last year but the good thing is I am still in the positive. Maybe I should put in a few extra shifts to make up the shortfall.

    Hope everyone have a good October!

    Save 12K in 2017 # 9 £11,119.65/15 000 (74%)
    Save 12K in 2016 # 8 £19 721.58/12 000 (164.35%) Achieved!
    • sonas_baby
    • By sonas_baby 6th Oct 17, 8:31 AM
    • 106 Posts
    • 607 Thanks
    sonas_baby
    No 121 reporting in with £583.45 this month. Things are looking better but I know I won't reach my target this year. It's my first year doing this so I've learned along the way. ��
    It is the job that is never started that takes the longest to finish. Tolkien.


    Save 12k in 2017 No 121
    • enomis
    • By enomis 6th Oct 17, 8:56 AM
    • 31 Posts
    • 99 Thanks
    enomis
    Reporting £1144.79 for August (spreadsheet updated). I'm very happy with this. Had a small pay rise which I'm thinking to use to either overpay my mortgage or pay extra into my pension. Decisions, decisions.

    Keep up the good work everyone.
    Originally posted by enomis
    Have managed to save £1201 for September, bringing really close to my target. However, I have a very large credit card bill coming in October so know I will be dipping into my savings to pay for it. But with 3 months left off the year I think I will be okay.
    Save 12k in 2017 #78 £15,537.36/15,000 (103.6%)
    • Gem-gem
    • By Gem-gem 6th Oct 17, 7:17 PM
    • 2,452 Posts
    • 7,058 Thanks
    Gem-gem
    Hi All,

    Thought I was going to have a really good month but then ended up buying my husband's 60th birthday present for next year - a holiday. Plus had to pay for the final installment of our holiday later on in the year.
    So no increase in savings for me. £0
    Have said to hubby that have spent a lot of money on holidays recently - which I do not regret one bit - got to do it why we are young enough to do it (and the insurance isn't too expensive). But after this holiday and his birthday, I now need to get my head down and save again.
    The last three months of the year will be better.
    £2 Savers Club 2017 -no 1 £294£360
    Save £12k in 2017 - no 68 ( 4902.13/6000)
    Virtual sealed pot 2017 - no 20 £33.24/£100
    • Karen's girl
    • By Karen's girl 7th Oct 17, 9:37 PM
    • 53 Posts
    • 250 Thanks
    Karen's girl
    #28 reporting £1,180 for September - a very good month for me.

    Is so great to see how well everybody is doing in saving decent amounts.
    I used to be stupid with money, but am learning to be better with it now........

    _______________________________________________
    Current savings: £15,447.19
    Save 12k in 2016#087: £6,326/£6000.
    Save 12k in 2017 #28: £6,189.62/£7,000
    • kev2009
    • By kev2009 8th Oct 17, 5:42 PM
    • 168 Posts
    • 259 Thanks
    kev2009
    Hi,

    #82 declaring £500 for September.

    I have submitted the form also.

    Thanks

    Kev
    • Cottage Economy
    • By Cottage Economy 16th Oct 17, 8:56 AM
    • 817 Posts
    • 2,416 Thanks
    Cottage Economy
    Woohoooooo!!!

    #129 declaring £440.95 for October and so I have reached my target.

    Again, managed to put aside £50 for Christmas in there.



    I'm going to carry on saving until the end of the year and see where I can get to.
    The 'Save £12k in 2017' #129
    Personal target £4,000.
    £4169.36/£4,000 (104%)

    "...success in personal finance isn't about mastering the technicalities. It is about mastering yourself." Ermine to Cottage Economy, 2012
    • allie23
    • By allie23 17th Oct 17, 6:54 PM
    • 1,251 Posts
    • 13,654 Thanks
    allie23
    Huge congrats on hitting your target for 2017 Cottage Economy.
    Save £12k in 2017 - Challenger 11 - £24,000/£24,000
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