The 'Save 12k in 2013' Thread!

Billie-jo

ccbrowning wrote: »

OK, I sent an extra£300 to pay off my last debt and am now debt free!!

Well done must be a fantastic feeling. :T

£349.09 gone into the savings this morning which am chuffed about as also paid out £160 for son in laws car repairs.

Savings to date £1440.85/£3000 - 48.0%

SusanneCape

ccbrowning wrote: »

Unfortunately I'm down on savings this month as I have decided to just pay off the small amount of outstanding debt I have. My number should start increasing from this point on, though! :beer:

Paying off debt is always a good idea as interest on savings is very low. Another milestone achieved. Well done. :beer:

Happy saving in the future.

YoungBusinessman

Looks like I will be smashing through £3,000 goal a week today! At £2,800ish just now, will update on Friday with the exact total! Then that will be me done with saving until April! Not long and will be 3 down, 17 to go! Matty I would still class 31 as quite young even though you are 10 years older than me!

Alex92_2

YoungBusinessman wrote: »

Looks like I will be smashing through £3,000 goal a week today! At £2,800ish just now, will update on Friday with the exact total! Then that will be me done with saving until April! Not long and will be 3 down, 17 to go! Matty I would still class 31 as quite young even though you are 10 years older than me!

What do you do that lets you save £3K in a week at 21?!

I thought I was doing well

InsertWittyName

Alex92 wrote: »

What do you do that lets you save £3K in a week at 21?!

I thought I was doing well

Spot the difference:

Looks like I will be smashing through £3,000 goal a week, today

Looks like I will be smashing through £3,000 goal, a week today

nat21luv

I had a bit of trouble setting up my first direct savings account, no idea why but it didn't register it and when I questioned them they said it was no longer available! I was distraught. Quite hacked off as that was the whole reason for me opening the account. How long from opening the account did it take to get the £125?

MissE001

Alex92 wrote: »

Yeah, I foolishly let the one slip out of my hands. Too much time spent trying to earn the money by hard work, and forgetting to spend time finding out best place to put it.

Now im trying to toss up the idea to as what is better.
1) Use 2 monthly savers (6% First Direct and 4% HSBC) and then pay leftover money into Santander 123 Account.
250+300 = £550 (monthly savers would require)
£140.08 = Monthly Interest
£550 - £140.08 = £409.92 (If I put interest into MS each month)
Saving £1500.
£409.92 (amount needed) - £409.92 (Monthly Savers) = £1090.08

So, would it still be worth it to open up 2 monthly savers, one at 6% (already open) and another new one at 4% and then deposit £1090.08 each month into a top savings account (e.g. Santander 123 3%), or would it be better to save £250 a month from not havnig 4% HSBC MS and deposit 1090.08 + 250 into the 3% account.

My mind is boggled at how is the bset way to work this out??:mad:

Hi Alex - have you considered the new Nationwide account? 5% on first £2500 for 12 months? You need to transfer in £1000 p/m but can transfer it straight back out again.

I'm not sure how to calculate the best account but thought 5% even on some savings would be good?

Tales17

ALJA wrote: »

However, e-bay sales seem to have slowed lately, not had that many watchers/bids etc. waiting for the next free listings weekend!

Next free listing weekend starts tomorrow

geoffers4

Hi fellow savers!
A few little bits to add into the ISA today: £5 from Hx rewards, £30 cash-back from MoneySuperMarket, and £35.68 interest on a Nottingham BS eSaver that I've just closed down. Nice!

alja

Tales17 wrote: »

Next free listing weekend starts tomorrow

Thank you so much! That has made me very happy!