The 'Save 12k in 2013' Thread!

Saver88

Canucksfan wrote: »

That is definitely the right way to go about it...this time last year I had shocking debts on my and DH's credit cards. I would have been happy to be able to save ANYTHING! Things are a bit easier this year, but I still really appreciate any amount saved. Keep on going Saver88 :j

Thank you, I appreciate your advice. me and DH do have a few debts but not thousands so it doesn't feel too bad. I'm paying them off as I go, two payments a month to get them gone quicker. I have two children under two who are growing so quickly so money's always going somewhere lol. I'll get there in the end.

Gadfium

A late joiner, but please sign me up for this.
Target: £13K
How:

• I'm currently saving £375 per month into an employee Sharesave and SIP = £4.5K
• I sold some shares in Feb that grossed me £5K- £3.8K was profit.
• Im trying to stick an extra £400 per month to one side. In Jan, Feb and March I squirrelled £3.5k away, but £2.5K of that is to pay for a trip to the States in the Autumn.

Progress so far:

• Sharesave and SIP: £1,350
• Shares sale: £5000
• Other Cash Savings: £1,000
• Total so far: £7350 :j

Tales17

My weekly update, saved just over £67 so far this month, but not bad for only 5 days!

Getting a few sales on eBay, gumtree and local selling page on Facebook so my sales are slowly topping up!

Also used some of my Tesco Rewards to buy some Mother's Day flowers so that has saved me £12! And when you spend the vouchers it feels like you are not really spending money anyhow as it was never in your account!

girlatplay

I have saved £129.43 so far this month! £63 of that was because I changed my bank details and because my SP energy account is in credit they have decided not to take this month's DD. I double checked with them that they are definitely not taking it for March and then swiftly transferred it into savings. More to come later in the month

LunaLady

I havent been around in a while as I have been paying off some debt and sorting stuff out, but I promise I am back for good now and will update my figures at the end of March.

quintwins

So far i've saved £4874.61 this year (some is in a seperate account than my sig thats just my savings account if that confuses anyone) adding in the money a friend owes me and the money inlaws owe us which should be paid back soon aswell thats £12014.61

nicedream_2

SusanneCape wrote: »

Don't worry too much, you will be absolutely amazed how quickly it all accumulates. Rather save longer to get together a hefty deposit which will help you in the long run. Chin up and keep saving!

You sound like you need a hug :D:D:D:D - from one Londoner to another

As another Londoner I agree with Susanne's advice. I'm in the same position. Try for much smaller targets and track your progress. As long as you seen the numbers going up, you'll get there eventually

mintedmatty

Just realised there is £100 in my account that I have been paid that I wasn't expecting so soon! I now find myself in the position having not really bought any new clothes, trainers, CD's,DVD's etc this year that I could use it to splash out a little bit!

So...I am declaring an extra £100 into the savings pot!

I think I have created a monster that is riddled with guilt everytime I spend money!!!!!

Alex92_2

Have managed to swap some accounts around, setup some new ones, get some cashback and have upped my monthly interest to just under £150 PCM. Taking the total monthly average from £1666 to £1516. This should make my yearly goal of £20K very achievable indeed!

Can't help but think if I didnt go on a few holidays this year, I would be so much better off, but for me I need to have that work/business / social life divide. Last year, I focused so much on saving and investing and working really hard at my job that I was getting really stressed out and unhappy with life. I think as good as it is to save, im not going to sacrifice having fun and enjoying life for it.

YoungBusinessman

mintedmatty wrote: »

Just realised there is £100 in my account that I have been paid that I wasn't expecting so soon! I now find myself in the position having not really bought any new clothes, trainers, CD's,DVD's etc this year that I could use it to splash out a little bit!

So...I am declaring an extra £100 into the savings pot!

I think I have created a monster that is riddled with guilt everytime I spend money!!!!!

Which can be a good thing though as help you to save more! Am I right in thinking you are quite young? Reason asking is I'm 21 and away to pay down mortgage at an extra £5-6k a year so over 5 year fix it will comedown at least 25% of mortgage amount (£100k mortgage)

These overpayments along with saving on side will get next place in 4 or 5 years!