The 'Save £12k in 2012' thread!

redbull5

Please delete

kimmy40

finally decided that the savings would be used to bring down the mortgage .phoned this am and got a balance for today and changed to complete repayment only . i was going to reduce the term but it was too big a commitment at this time but i may do it next year .

working the figures out i will be reducing my mortgage by £605 /month .

rictus123

Well looking like even though i will be paying off high debts of £13,500 along with saving my £15,000 for this....i will have to get a couple of months saving done before i start overpaying the debts, just so i have something to fall back on if something does go wrong - loss of job/income cut etc. I am going to have a look at the earn an extra £10 a day thread...will need alot more than the £3,660 ish that it will bring but it will still be a great amount to have for the "little effort" required - so some of the regulars say!!

emmaa2231

Hi, please can I join this group for 12k please. I am going to use the savings to reduce my debts. I think this group is a geat way to find/give support and I am looking forward to getting stuck in in the new year.

Sinvegas

13 hours double bubble boxing day and 8 hrs on 1st and 2nd to go :0)
Jan pay day should give me a nice boost. I will pay off my debts then and have a bit left over to start saving :j

My_life

Please may I join too? I am already committed to paying 20k in 2012 for paying off the car loan and significantly reducing the mortgage. But also need to start putting money aside for savings too.

So can you put me down for 12,000 savings in 2012?

My Life

rictus123

So mylife your total money put to debts and savings are £32,000? Great to have someone else aiming high like myself

My_life

rictus123 wrote: »

So mylife your total money put to debts and savings are £32,000? Great to have someone else aiming high like myself

thanks rictus. Have paid 29K this year (2011) - so not seen any of my salary or some of my partners for a couple of years now. But it is really nice to finally be putting money towards savings now, We have built our forever home, so now want to built up the forever savings to live off!

My Life

rictus123

Sounds like the position i would love to be in, can i ask how old you are and how long it has taken you?

Baking_Mad

Hi all, I've been following this thread on and off since the day it's started.

I'd love to join the challenge but really worried I'd never meet the target. I noticed that a lot of people joining in are either single or have no children. We are a family of four with the youngest child still only 15 months old, I stay at home with kids, my husband is in full time employment.

I'm looking for some encouragement from those of you with families and, perhaps, some tips on how to make your money go further and save more.

Many thanks