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
    • 12,870Posts
    • 73,890Thanks
    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 52
    • darkidoe
    • By darkidoe 10th Nov 17, 3:39 AM
    • 893 Posts
    • 1,017 Thanks
    darkidoe
    Slow month for October. £1383.96 for month of October.

    It's the last stretch guys for 2017. 2 more months with huge potential for bigger expenses with the holiday season. I myself am going on a 5 day holiday to Prague the following week. You can't avoid what you can't avoid.

    Stay tight.

    Save 12K in 2017 # 9 £11,119.65/15 000 (74%)
    Save 12K in 2016 # 8 £19 721.58/12 000 (164.35%) Achieved!
    • EC12345
    • By EC12345 11th Nov 17, 3:32 PM
    • 479 Posts
    • 1,420 Thanks
    EC12345
    Gosh guys. First time I have updated since May of this year. Time has flown. Anyway have kept up with my saving and have updated the spreadsheet for the last five months - where has time gone!!!??!!


    Another £300 before I hit my target which is doable.

    Keep going everyone.


    EC
    Mortgage Free
    Save £5,000 in 2017 (£4,700.96/£5,000): No 118

    • kittenkicks
    • By kittenkicks 18th Nov 17, 1:42 PM
    • 16 Posts
    • 81 Thanks
    kittenkicks
    Hi all ,
    Sorry I haven't posted since August! We bought our very first home and it has been a bit crazy and COSTFUL! Not sure If I'll be on track for my 15k in 2017 plan but don't mind as buying a home was what we've been aiming for!

    So, since I last updated in August I haven't really been able to contribute anything.
    My full savings pot in November is 53,375.46- which was less than I had in August.


    So nothing to report, savings this year stand at £5,555.54 Fallen quite a bit short of my 15k goal but have a lovely new home which is more important
    Last edited by kittenkicks; 18-11-2017 at 1:47 PM.
    Saving Total 1st Jan 2017: £47,819.92 | 23rd Jan 2017: £49,611.38 | 28th Feb: £50,461.97 | March 2017 : £51,786.13 | April 2017: £53,251.52| May 2017: £54,219.71 | June 2017: £55,857.73 | Nov 2017: 53,375.46 Savings Goal: £100k £46,624.54 To go!
    • george4064
    • By george4064 19th Nov 17, 1:46 PM
    • 863 Posts
    • 922 Thanks
    george4064
    September's figures:

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

    Total - £692
    Originally posted by george4064
    Figures are a bit messy because Ive been mega busy after having just started a new job in London and moved from Southampton to London.

    After only a week of living in London its really urging me on to save to buy my own place, in Southampton rent wasn't as high so it was more manageable. Unfortunately (or maybe not so) I need to complete my probation period at work before I can get a mortgage on my new salary, which is expected to end April/May 2018.

    HTB ISA - £200
    P2P - £1,016

    Total - £1,216

    I've now saved over £11,000 this year and reached 92% of my £12k target!!

    Keep up the great savings everyone!
    Last edited by george4064; 19-11-2017 at 1:49 PM.
    "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%)
    • Suffolk lass
    • By Suffolk lass 24th Nov 17, 7:06 AM
    • 1,584 Posts
    • 18,062 Thanks
    Suffolk lass
    Just submitted my update for November. I need to keep £500 back to pay off the CC in full at the start of December - it is almost £2000 so I needed to sub it a bit (may have to move some back too). In the meantime we are looking at just over £800 instead of £1300 and my total target for 2017 is looking a bit precarious now
    MFiT T4 #2 update 42.67% after Q7 £5,465 behind where I should be
    Save £12k in 2017 #64 - £9,260.94 saved (84.19%) after October - my annual target is £11,000
    OS Grocery Challenge 2017 budget of £3,600 £3000 (reduced from Apr) - 78.56% including stores after October
    My DFD is http://forums.moneysavingexpert.com/showthread.php?t=5593594
    • JAMIEDODGER
    • By JAMIEDODGER 27th Nov 17, 6:29 AM
    • 4,120 Posts
    • 17,993 Thanks
    JAMIEDODGER
    £850 for November thanks Slowly Have filled in update form.
    #185 12k in 2017 - £6300/£8000
    • Wanna Bee Free
    • By Wanna Bee Free 27th Nov 17, 11:03 AM
    • 1,108 Posts
    • 10,202 Thanks
    Wanna Bee Free
    No 44 reporting in. I saved £750 this month so am £500 over my target!! £8,000/£7,500.
    Thank you so much to Slowly Fading and everyone who posts on here. I am really pleased at what a difference it has made, getting me to set up savings accounts etc.
    £3,000 Sharescheme
    £5,000 Regular Saver
    No. 44 Save 12K in 2017 £8,000/£7,500 106%
    AFDs 112/150 14/4/10/9/7/3/18/15/17/5/5/4 74%
    • CrabbitDutchie
    • By CrabbitDutchie 29th Nov 17, 6:47 PM
    • 34 Posts
    • 199 Thanks
    CrabbitDutchie
    #46 checking in for November (and form updated).

    First full month of new salary and £1277 saved.

    My total for the year now stands at £11,710 so just £290 to go in December to hit my target. Should smash that even with Christmas to deal with and visiting the family abroad.

    I am amazed what has been possible with the support of the thread and a good bit of luck along the way this year. Now need to start thinking ahead to next year. Will have to raise the bar again, but what to?

    Some great saving achievements on the speadsheet! Although if you're doing it next year Slowlyfading, could I maybe not be underneath Boglehead? Inspiring and demoralising at the same time, that row!
    Save 12K in 2017 #46 - £11,710/£12,000 (97.58%)
    Save 12K in 2016 #184 - £4,608/£4500 (102.4%)
    • Jazee
    • By Jazee 30th Nov 17, 7:34 AM
    • 4,090 Posts
    • 47,969 Thanks
    Jazee
    Morning all. £1306.81 saved during November which means I've already exceeded my target for the year. However some of it is coming out to part fund wedding during December which will bring my savings down to £11306.81 so I need to save another £693.19 during December (doable) to have £12k in the bank at the end of the year.
    The "Save 12k in 2017" Thread! (#20) December £355 Total £12694.84/£12000




    • bobobski
    • By bobobski 30th Nov 17, 9:22 AM
    • 668 Posts
    • 1,525 Thanks
    bobobski
    The November figures are in and I have saved £1,353.74 this month, just edging past my mini target of £1,350. This puts me at £11,385.86 for the year to date and so just £614.14 from my £12k target. So close!! And this is net of a bunch of house buying expenses and the bulk of my Christmas shopping, as well as some gig tickets for next year and a stay at a fancy hotel in London just before Christmas.


    The house buying process is going badly again (why can I only find houses with physical or legal issues??) but my strong financial grounding - largely thanks to this site, this thread and YNAB - is making me feel far better about the whole thing. At least if I'm not making it to exchange on any of these properties I'm at least bettering my position ready for the next house to come onto the market.


    Happy advent all, and stay warm!!
    #18: Save 12k in 2017: £11,385.86 / £12,000 (94.8%) | #86: Save £12k in 2016: £8,476.09 / £10,000 (84.76%)
    House deposit by 31/12/2020: £21,465.15 / £60,000 (35.7%) | Emergency fund by 31/12/2020: £1,663.13 / £5,000 (33.2%)
    • tara747
    • By tara747 30th Nov 17, 11:01 AM
    • 10,087 Posts
    • 26,636 Thanks
    tara747
    November payday update!

    I saved £761 in November. That's £11,352 so far in 2017 and £120,474 overall.

    I've finally broken the £120k barrier!!!

    And I'm on track to meet my savings target for the year

    Keep it up everyone, only a month to go
    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
    • Westie983
    • By Westie983 30th Nov 17, 3:35 PM
    • 3,855 Posts
    • 14,033 Thanks
    Westie983
    Declaring for November

    £2445.00

    I have had two maturing RS this month, one from Virgin, and one for Nationwide, with another one maturing tomorrow, so I will probably save the money elsewhere but minus the maturing balance so its balances out.

    I get paid early next month so should be able to declare a little earlier.


    Keep going all

    Westie983
    Save 12k in 2017 #16 Total £25,000/£12,000 = 208.33%
    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
    • Lolly88
    • By Lolly88 30th Nov 17, 6:11 PM
    • 237 Posts
    • 737 Thanks
    Lolly88
    #6 declaring £2000 for this month and £7000 saved this year overall meaning I've reached my target, yay! Also now £30142.19 total overall in the house fund kitty, finally over the 30k barrier.

    I really didn't think I'd reach my goal after the shocking first half of the year but I've worked so hard to turn it around. My original target was 12k and I reduced it to 7k but now I've reached it I might try and push a little harder and see if I can squeeze another 2k to reach 9k total over the next month.

    Thanks so much to slowlyfading and everyone who contributes to this thread...it's my favourite thread on this forum and I feel emotionally invested in everyones journey.

    1 more month to go, we can do this!
    House Fund - £30142.19
    Save 7k in 2017 #6: £7142.19/£7,000
    Save 12k in 2016: £14,750/£12000 - Save 6k in 2015: £8250/£6000
    • geoffers4
    • By geoffers4 30th Nov 17, 6:27 PM
    • 107 Posts
    • 747 Thanks
    geoffers4
    Hi Everyone

    Wow, almost reached the end of 2017- doesn't time fly. We've had quite a good November for savings, although there are a few home improvements on the credit card bill coming next month. So we'll fall just short of our target for the year, but still good going overall. So declaring £3338.84 this month.

    Keep going everyone, nearly there!

    No.193(!) in Save 12k in 2013
    No. 6 in Save 12k in 2014
    No.30 in Save 12k in 2015
    No.22 in Save 12k in 2016
    No. 2 in Save 12k in 2017, 2018
    • Wentthedaywell?
    • By Wentthedaywell? 30th Nov 17, 7:18 PM
    • 445 Posts
    • 2,438 Thanks
    Wentthedaywell?
    Well, I'm putting down £2000 for November, but I think I may have about another £6,000 than that!

    It's been a bonkers year in terms of money in and out. I've retired, work part time and also have a pension, have had a good lump sum, spent money on the house, paid university fees, had various holidays etc. Nothing's properly steadied out yet and each month's incoming and outgoings have varied wildly.

    At the end of next month I can simply see how much more I have and the end of 2017 than I had at the beginning and reconcile it all and hopefully have a bit more than I have previously declared here; I've always erred on the cautious side.
    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
    • slowlyfading
    • By slowlyfading 30th Nov 17, 9:05 PM
    • 12,870 Posts
    • 73,890 Thanks
    slowlyfading
    Spreadsheet updated

    Only one month to go until the end of 2017
    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
    • enomis
    • By enomis 1st Dec 17, 8:41 AM
    • 31 Posts
    • 99 Thanks
    enomis
    As predicted for October I have had to dip into saving so reporting a negative of -£348.43 (form submitted). I'm okay with this as i'm still on target thanks to this thread and part of it is owed to me but I won't count it until I get it back.

    Well done everyone!
    Originally posted by enomis
    Very happy to report saving of £1163.30 this month, reaching and exceeding my target! I feel like I can spoil myself this Christmas with my December pay check, but I still aim to save as much as I can from it.

    I've also decided to over pay my mortgage with my pay rise but will start that in the new year and feel comfortable doing so now that I have rebuilt my nest egg.

    Thank you slowly fading and all the contributors to this thread.
    Save 12k in 2017 #78 £15,537.36/15,000 (103.6%)
    • Gem-gem
    • By Gem-gem 2nd Dec 17, 5:10 PM
    • 2,452 Posts
    • 7,055 Thanks
    Gem-gem
    £500.00 saved this month.
    Slowly getting there.
    £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
    • CrabbitDutchie
    • By CrabbitDutchie 2nd Dec 17, 10:02 PM
    • 34 Posts
    • 199 Thanks
    CrabbitDutchie
    Found out I'll get paid on the 21st this month which is a little annoying (we're usually last working day of the month) for end of year declarations, but at least I suppose January's expenses can sit and earn some interest for a few weeks. My finances are in a pretty good state these days so 6 weeks between pay is not a problem, but I'm anticipating lots of very skint coworkers in January.
    Save 12K in 2017 #46 - £11,710/£12,000 (97.58%)
    Save 12K in 2016 #184 - £4,608/£4500 (102.4%)
    • Westie983
    • By Westie983 3rd Dec 17, 6:58 AM
    • 3,855 Posts
    • 14,033 Thanks
    Westie983
    Thats the horrible bit of December pay, but now we can plan around it so the 6 weeks cycle isn't so harsh...
    I get paid on the 16th normally the 20th, so not too early.

    Westie983
    Save 12k in 2017 #16 Total £25,000/£12,000 = 208.33%
    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
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

368Posts Today

1,850Users online

Martin's Twitter