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The 'Save 12k in 2013' Thread!
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slowlyfading wrote: »There will be another thread in 2014....
Yay! Even though i'm not remotely ready to start thinking 2014 yet, dunno where this year has gone to 0 -
girlatplay wrote: »Thing is, I would be saving £300 per month towards the holiday (planned for July) and then for the rest of the year the £300 monthly payments will be going towards mortgage overpayment. I have about £40 per month spare after that which is what I would save to the £12k challenge.
Mortgage capital repayment (not the interest) is saving too.
Mortgage capital repayments reduce your indebtedness and increase your net wealth.
Warmest regards,
FAThus the old Gentleman ended his Harangue. The People heard it, and approved the Doctrine, and immediately practised the Contrary, just as if it had been a common Sermon; for the Vendue opened ...THE WAY TO WEALTH, Benjamin Franklin, 1758 AD0 -
FatherAbraham wrote: »Mortgage capital repayment (not the interest) is saving too.
Mortgage capital repayments reduce your indebtedness and increase your net wealth.
Warmest regards,
FA
Thank you.Mortgage at 12/07/2022 = £175,000
Mortgage today = £161,690.76
300 271 payments to go.House buyout fund £21,000/£40,000
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I would like to join this challenge next year as it seems very supportive.:)
I don't think I will make it to £12,000 but it's good to have a goal.:pHOUSE MOVE FUND £16,000/ £19,000
DECLUTTERING 2015 439 ITEMS
“Don’t let your happiness depend on something you may lose.”0 -
slowlyfading wrote: »There will be another thread in 2014....
Hurrah!!!!!!!!! :beer:
Thanks for all your hard work inkeeping this thread updated, slowlyfading. Get to 119lbs! 1/2/09: 135.6lbs 1/5/11: 145.8lbs 30/3/13 150lbs 22/2/14 137lbs 2/6/14 128lbs 29/8/14 124lbs 2/6/17 126lbs
Save £180,000 by 31 Dec 2020! 2011: £54,342 * 2012: £62,200 * 2013: £74,127 * 2014: £84,839 * 2015: £95,207 * 2016: £109,122 * 2017: £121,733 * 2018: £136,565 * 2019: £161,957 * 2020: £197,685
eBay sales - £4,559.89 Cashback - £2,309.730 -
£900 for November, only £371 until I make target!
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Yes, thanks slowlyfading for the hard work; and to everyone here for the encouragement and news.
I have exceeded my target! :beer: I'm particularly pleased as it's been an expensive year in terms of furniture, computer and bike purchases and I've spent over 6 grand on those. It was stuff that genuinely needed renewing though. I did it on a 16months interest free credit card, and stashed the money away each month in a savings account (I've not counted that towards my savings total).
Glad to see there'll be a 2014 one too; I'm going to try clear the last knockings of my mortgage by March, ten years early. That will be a real milestone passed! I'm so lucky to be on a 0.5% tracker so there hasn't been much incentive to pay it off, my interest is only £2 per month! (only a few years back it was £400! :eek: )
Good luck everyone for the last few weeks; how ever big or small the amount is, it's all savings and positive!Save £12k in 2022 thread #7:
Save £10,000 Jan-May 2022 THEN RETIRE!!
Final total for (half) year: -£4,0000 -
Phew managed £609.62 for November so far. I have more but bf birthday and christmas coming up.
Went to see a mortgage advisor on Monday... it didn't go so well though. Need more money!!6k in 2012: £4200.00/£6000.00
6k in 2013: £8209.62/£6000.00
7k in 2014: £5900/£70000 -
Hi all,
Been missing from here for a while, new baby, hes 7 weeks old. I would just like to report that we have £5152 in our ISA. We are in the process of opening a credit union and saving for a house deposit. It was lovely reading all the updates.
Cant wait for 2014.
JCG
xx:smileyheaMarried on 20/07/2012! :smileyhea
:DBought my new car 11/08/12:D:cool: Save £12k In 2013 Num 009! £5502/£5000 :cool:
Save £12k in 2014 Num 22! £2131/£3000
Emergency Fund £00 -
JustinCredibleGillespie wrote: »Hi all,
Been missing from here for a while, new baby, hes 7 weeks old. I would just like to report that we have £5152 in our ISA. We are in the process of opening a credit union and saving for a house deposit. It was lovely reading all the updates.
Cant wait for 2014.
JCG
xx
Congrats on the new arrival :j. May he bring you and your partner much joy.
Will have to wait until payday to report my savings :mad:!
aLL THE BEST,Save £12k 2013 '13 #66 £12,106.76/£12,000 // '14 #44 £10,081.90/£10,000 // '15 #67 £11,976/£12,000 // '16 #67 £7,322/£12,000
MFiT: £187,200 - MFD: 02/31 - Target = £35,000
T3 #71 - '12 £125,899
T4 #71 - '15 £80,264; '16 £66,946 '17 £44,9970
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