The 'Save 12k in 2013' Thread!

LondonAndy

I'll sign up and have a crack at £12k please Slowly. Will aim for the full 12k by end of 2013 then pay it to the mortgage!

girlatplay

Savingforsomeday wrote: »

I have a question though - some of this savings money will be spend throughout the year, for a summer holiday etc. Can I still declare this at the end of the year or do I physically still have to have the £6000 in the bank in December?
Sorry for sounding a bit stupid!

If you ask a question you might sound stupid for 5 minutes but if you don't ask you will be stupid for the rest of your life (you don't sound stupid by the way, I don't believe there is such a thing as a stupid question if we don't know the answer to something). Anyway, back to the point, the aim of the challenge is to save 12k (or whatever amount you decide on) in 2013, starting on 1st January and finishing on 31st December. We are trying to reach our savings goal by the end of the year. What I did last year was saved separately for my holiday then any money left over was put towards the challenge. I didn't really see the point in declaring money that I knew I wouldn't have at the end of the year. I think we should ask slowlyfading to clarify that point but that is how I see it.

Hope that helps

2012Saver

Hi, MSE forum newbie here. I'd like to sign up for the challenge and am setting myself a goal of £13,000. Thanks

alright_dave

I'm all prepared now, Have a savings account set up, with a direct debit going in. I have quite a few holiday days I'm having paid out instead of taking off. Should have a very nice start to this. :j

Saving_NOW

Count me in for £10k im a first time saver so looking forward to the challenge. :j

JustinCredibleGillespie

YAY!! Plenty of newbies signing up too! :j

JCG

xx

slowlyfading

Front page updated

slowlyfading

Savingforsomeday wrote: »

I have a question though - some of this savings money will be spend throughout the year, for a summer holiday etc. Can I still declare this at the end of the year or do I physically still have to have the £6000 in the bank in December?
Sorry for sounding a bit stupid!

Not stupid at all! As this is a savings challenge, the point is to have it in the bank at the end of December

quintwins

slowlyfading wrote: »

Not stupid at all! As this is a savings challenge, the point is to have it in the bank at the end of December

I might not have mine in the bank tbh, but that will acually be a good thing and i'll have an asset worth the same amount, so i'm still going to join if thats ok, not having it next year all depends on us finding the right site for us anyway which could take alot of time.

MoneySavingSue

Hi, I'm more of a lurker then a poster but hoping that signing up for a challenage may help me save! Could I sign up for £6000 please? Thanks