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The 'Save £12k in 2012' thread!

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Comments

  • £100K IN 10 CHALLENGE!!!!!

    Lets do it when this one ends then :)
    Save £12k in 2012 no.49 £10,250/£12,000
    Save £12k in 2013 no.34 £11,800/£12,000
    'How much can you save' thread = £7,050
    Total=£29,100
    Mfi3 no. 88: Balance Jan '06 = £63,000. :mad:
    Balance 23.11.09 = £nil. :)
  • Weekly update
    Had some interest added on one of my online savings accounts. Only £10.25 but it all helps. Don't know if I can keep at this pace all year, but I'm going to give it a good shot.
  • More haste less speed. If I don't update my total savings it will look as though I'm not getting anywhere!!!
  • rictus123
    rictus123 Posts: 2,560 Forumite
    1,000 Posts Combo Breaker Name Dropper
    £833.33 a month for 10 years? Not including interest....lets do it :D I would say start December this year.....upto you, your idea. I am well and truely in though. In 10 years i will be 30-31 and this could serve me as emergancy savings right through my career after that. I would hope to manage it in 8 years though.
    Work in progress...Update coming July 2012.
  • trixie4
    trixie4 Posts: 149 Forumite
    Part of the Furniture Combo Breaker
    Transferred another £100 to my ISA as my funds are looking pretty healthy, so that's £500 so far this month, which is my monthly target :T

    ISA has 3700 in it now, quite a fair chunk to add before April!

    Everybody is doing so well!

    Trix :)
    6k in 2012: £4200.00/£6000.00
    6k in 2013: £8209.62/£6000.00
    7k in 2014: £5900/£7000
  • I'm having an absolute horrendous time with saving. Last 3 months I have saved £200, and have nothing to show for it. I am so used to saving 50% of my salary every month, dont know whats happend recently.

    Getting paid this week so going to start managing my finances much better in 2012. I seriously need a kick up the !!!.
  • kandfs_mam
    kandfs_mam Posts: 1,053 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    some stuff sold on ebay so another £22 to add to the pot once the paypal transfer clears into my account
    Mortgage Aug 22 £280,000
    Current mortgage  £28,000

  • sweetpeas_2
    sweetpeas_2 Posts: 2,237 Forumite
    £100K IN 10 CHALLENGE!!!!!

    Lets do it when this one ends then :)

    Ew how exciting. I love how one idea leads to another and another :) Whatever would I use £100k for?! Well, our mortgage has about £74k left so we could pay that off for a start.. Let me think, I'm nearly 27 now.. so I would be mortgage free by the time I'm 37... :eek: How exciting :D

    x
  • rictus123
    rictus123 Posts: 2,560 Forumite
    1,000 Posts Combo Breaker Name Dropper
    sweetpeas wrote: »
    Ew how exciting. I love how one idea leads to another and another :) Whatever would I use £100k for?! Well, our mortgage has about £74k left so we could pay that off for a start.. Let me think, I'm nearly 27 now.. so I would be mortgage free by the time I'm 37... :eek: How exciting :D

    x


    It is amazing to think about it...but if you saved it along side your mortgage, your mortgage would be much less than £74k.

    At the rate of this challenge its £120,000 not £100k.

    £120,000 just looks so much better :D
    Work in progress...Update coming July 2012.
  • £100K IN 10 CHALLENGE!!!!!

    Lets do it when this one ends then :)

    Work it along side this one, just make it a longer term goal :-)
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