The 'Save £12k in 2012' thread!

kaostheory

Hey all,

Did my yearly projections for 2012 cash-flow and worked out how much money went through my bank in 2011 and I am stunned at how much money I spend and yet have so little to show for it.

So this year I am on a massive savings mission. I will start with a realistic goal of 12k but ideally go a lot higher. I have 9k left to pay on our wedding renewal so that will eat away a bit.

I really need to get some money saved so I can stop paying 21k a year on rent!!!! :mad::mad:

Anyway looking forward to joining the challenge and seeing everyone doing great!!

First deposit going in on the 14th...

Rhys

XSpender

My savings are growing by a small trickle rather than a flood at the moment. Another £6.96 transfered from the CA to cover difference in DD budgeted and actual:)

nikki2804

XSpender wrote: »

My savings are growing by a small trickle rather than a flood at the moment. Another £6.96 transfered from the CA to cover difference in DD budgeted and actual:)

Mine will grow in trickles too. I can only put away a large chunk at the start of the month since its payday and if I don't move it i'll spend it lol.

Just realised that £12000 is actually more than my yearly employed earnings!

Miski

I had 700 ready to put away but then forgot I had to pay for my zone travel.
Sucked almost £200 from me for only a month

ljaneyr

Hey, can I join please?

I've drifted off the savings wagon over the last few months and need to get back on track. We're hoping to move out from lodging with my in-laws by the end of the year and I'm thinking about doing a masters so need as much as possible!

Can you put my target at £5000 please?

Good luck everyone!

Cat2011

Took loads of photos for eBay at the weekend, and listed some last night. Already have a bid on one item . That'll get added to the pot! Now just have to list everything else and hope for some more bids...

neeryde

rictus123 wrote: »

Should have drip fed in that £1,600....as now im itching to find more to put in!!!

Steady on Rictus, we're only on day 3

Desperate_Housewife_2-2

well done everyone on the turbo charged start tot his challenge!

BOHEMIA sorry to hear about your car costs, I hate spending on cars but its a necessary evil these days (we had 2 cars at one point but got rid of car no 2 and saved a few bob )

Just been onto the Halifax online banking and transferred the £5 reward from mine and OH accounts so thats another tenner in the pot! Transferred it into the ISA online

I'm looking at the finances to see if there is anyway I can pinch money from one area to this savings challenge but no action...

Grand total now is £75.22

fracturedsun

Well my tax refund cheque has just cleared so that's £600 into the savings pot.:j.. (and the rest for my loan and the new netbook I've been wanting). I also have £2.87 from the saving account which pays monthly interest so I'll add that too.

natnat13

bohemia wrote: »

Absolutely gutted. All my good intentions for saving this year... took our car in today and it needs a new gearbox... ballpark figure 2000 pounds

Would it maybe cheaper to sell that car as spare or repairs and buy a new one? Obviously I don't know the value of your car but it gets to a point when they're often uneconomical to repair. I feel for you, I live in a rural area and have to drive, no buses, nearest town 7 miles away.

I have started a big clear out and am going to be ebaying like crazy, all going into the funds :-)