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Can I save 30k by Christmas 2009???

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Comments

  • scrooge2008
    scrooge2008 Posts: 1,393 Forumite
    Part of the Furniture 1,000 Posts Photogenic Combo Breaker
    Well done musclesza, almost half way through the year and you are still plugging away at your challenge and making good progress.

    How have you managed to stay so focussed and disciplined? I need some tips as my challenges all seem to be stalling at the moment and I need to fly from July to September to achieve my objectives.
    I learned that courage was not the absence of fear, but the triumph over it. The brave man is not he who does not feel afraid, but he who conquers that fear.
  • musclesza
    musclesza Posts: 113 Forumite
    A London summer is expensive!!!!!
    The savings rate has dipped, but have completed a few triathlons which cost quite a bit for the kit and the OH has got a ticket back to Saffa land - a pretty expensive affair which paled in comparison to the visa renewal!!!

    As much as I love summer here I cant wait for winter in terms of the ability to save!!! I am working out of the country so my expenses are all paid by the company, hopefully for the rest of the year and should be able to save more in the next few months.

    20k is looking a bit out of reach, but we should get close and hopefully some decent salary increases at the end of the year!!!!

    Hope everyone else is meeting their goals. One thing I have learned: It takes a lot of discipline and restraint to reach a savings goal and its very easy to lose track of a budget....

    Dec 31 2009 target: Currently have SAVED: £6700/£20 000 (target=9600)
    Just another 14 100 to go
    Debt: 1000 = 1000
    Savings: 4900+1000 = 5900
    Shares 1800
    Dec 31 2009 target: Currently have SAVED: £2963/£20 000
    Just another 17 037 to go
    Debt: 1700+1600 = 3300
    Savings: 2700+1100 = 3800
    Shares 2463
  • tara747
    tara747 Posts: 10,238 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Payday next week should see me well over the £26k mark and well on track to save £10k this year! :beer:

    Come on everyone (esp those who feel that everything is conspiring against their savings targets), we can do it.
    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 £180,000 by 31 Dec 2020! 2011: £54,342 * 2012: £62,200 * 2013: £74,127 * 2014: £84,839 * 2015: £95,207 * 2016: £109,122 * 2017: £121,733 * 2018: £136,565 * 2019: £161,957 * 2020: £197,685
    eBay sales - £4,559.89 Cashback - £2,309.73
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