The 'Save 12k in 2013' Thread!

nicolula87

Well things are going OK, worked out having more money in January than I realised so managed to up my savings so far to £828. However this month I start paying my parents back so will be a lot less going into savings. On top of that had to take my dog to the out of hours vet on Friday so that cost a fortune, he is worth it though, and my insurance should cover most of it....

blushingrose_2

Hi not on right thread but wondering how you find out when ebays free listing days are? Trying to hold off until then!

Herbyme

Bexim wrote: »

Not sure I'm going to be able to save anything like what I wanted to! Realised I'd missed out £100 of my outgoings when I worked out what I had coming in and out each months, makes saving £150 a month somewhat tricky, even if I pretend I don't need to spend anything on myself ever in a month!

How do other people manage to consistently put aside good amounts of money each month? Are you all earning loads of pennies?!

I know what you mean, it can be hard seeing figures that feel way out of reach. But the point of this thread is that we all set our own targets and our situations are totally different. To compare amounts is like comparing apples with ... not pears,more like wombats or bicycle pumps. ie pointless! Only you know what works for you. I'd encourage you to soak up the inspiration and enthusiasm and make it work for you. Good luck!

Thriftyfashionista

Just got ISA interest for the year and some pennies from TopCashback - another £143.63 into the pot.

blizeH

Been toying with either paying off my mortgage (currently @ 2.5%) or putting money into a savings account - in the end I've opted for neither! I'm hoping to max out my S&S ISA allowance for next year, so I'm going to pre-empt it and sign up for this thread as inspiration and a way of tracking my progress

£12k is a lovely aim, but may be a bit beyond me this year! Thanks

nikki2804

I've been AWOL a lot this month but I've just found out I'm pregnant with baby no 2. Had a short stay in hospital with dehydration but I'm back on the ball now!!

More than ever I want to hit my target and get a mortgage!

ssuttie45

I'm late but new, too late to bash it for £3k ?

cydney65

Another £80 in the savings pot today yay. Will update my signature in a mo.

Had a very exciting day today, I was asked to go to BBC Radio Cumbria to talk about my debt problems live on air! Amazingly I wasn't at all nervous and I did mention MSE twice I think, as well as National Debtline, CAB and Stepchange. Everyone was really nice and I got to learn a little bit about how a radio programme is put together.

I charge for autographs though

Twiggy_34

killerpeaty wrote: »

Twiggy (love the name!), I think it entirely depends. If you have a mortgage, bills and kids to feed then breaking even is probably one hell of a feat. If you have no bills, no kids and no rent or mortgage then it's significantly easier. I think considering you have car bills due, you've done really well. :beer:

Out of interest, roughly how much is car insurance? I'm looking into it and have come up with ~£1200 a year for a new driver. Please tell me it gets less ouch worthy..

Hi Killerpeaty. You're completely right of course, don't worry though it honestly was just a joke, I wasn't meaning to sound ungrateful or begrudge everyone else their amazing savings!

My insurance came in at £162 this year, but that's for a tiny car/engine (a Peugeot 107), and I'm 32 now with 8 years no claims behind me. It's worth spending lots of time shopping around and testing out different variations. I used the occupation tool on here to discover that using a different job title reduced mine by £10 (I've recently changed my place of work & it's divided between 2 roles in the new place). Sometimes overestimating the mileage a little bit makes a difference too, they seem to think that if you're not on the road enough you're a higher risk driver, presumably because you're not getting the experience in, too high though and you're a higher risk because of how much time you spend on the road. Check out all the cashback deals on Quidco & Topcashback too. The insurance I took out had a £50 cashback deal, so with luck I'll get that through in a few weeks and my insurance will only have cost £112! :T

Bexim wrote: »

How do other people manage to consistently put aside good amounts of money each month? Are you all earning loads of pennies?!

As a few people have highlighted to me following my last post, a "good amount" is very much a question of each individuals circumstances. But, in the past, to ensure I've saved the 'best amount' I can, I've always transferred over way more than I anticipate being able to save into a savings account. Then trickle it back into my main account as needed. I find that I'm more conscious of what I'm spending this way and less likely to spend so frivolously. Plus when you see a nice high figure in your savings account it makes you reluctant to take anything back out. :rotfl:

Wentthedaywell?

Twiggy_34 wrote: »

I've always transferred over way more than I anticipate being able to save into a savings account. Then trickle it back into my main account as needed. I find that I'm more conscious of what I'm spending this way and less likely to spend so frivolously. Plus when you see a nice high figure in your savings account it makes you reluctant to take anything back out. :rotfl:

Haha Twiggy, I do that too! It means that I don't know what I've really saved in January until I get paid at the end of February, as I may have had to dip into "savings" throughout February.