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The 'Save 12k in 2014' Thread!

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  • mintedmatty
    mintedmatty Posts: 291 Forumite
    Count me in £12,000 please!

    As mentioned on the 2013 thread we have sold our house and are mving back into my other house whilst we search for the mintedmatty family home! Obviously during this period our outgoings will be considerably less so really hoping to get 2014 off to a flying start!
    Millionaire in Training
    Mortgage: £27,535 (49% paid) Aim £25,000 by December 2015
    New House Mortgage £197,836 (4% Paid) Aim £194,000 by December 2015
    #153 Save 12k in 2015 Challenge: £15,697£12,000
  • slowlyfading
    slowlyfading Posts: 13,429 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Front page and spreadsheet updated again :)
    Be who you are and say what you feel because those who mind don't matter and those who matter don't mind.
    Personal Finance Blogger + YouTuber / In pursuit of FIRE
  • Shark
    Shark Posts: 1,003 Forumite
    Put me down for £50k

    Really looking forward to 2014
    "And let that be a lesson to you all. Nobody beats Vitas Gerulaitis 17 times in a row."


    – after beating Jimmy Connors at the January 1979 Masters. Gerulaitis had lost their previous 16 matches.
  • freezspirit
    freezspirit Posts: 994 Forumite
    Part of the Furniture Combo Breaker
    Hi could you put me down for £5000 for 2014
  • Wentthedaywell?
    Wentthedaywell? Posts: 643 Forumite
    Part of the Furniture 500 Posts Name Dropper Photogenic
    cydney65 wrote: »
    I :heart2: my spreadsheet! It keeps me firmly on track. I used to be afraid of them...silly I know, but I looked on wikihow, found out how to do a simple spreadsheet and now update it all the time LOL :o

    Me too Cydney! Being able to projecting forward the effects of spending and saving, and to link various sheets for different pots of savings makes it it seem so much more real and immediate than just vaguely chucking money into an account.

    A spreadsheet has been a huge help in overpaying my mortgage too - it is quite addictive when you see the effects over 25 years.
    Save £12k in 2022 thread #7:

    Save £10,000 Jan-May 2022 THEN RETIRE!!
    Final total for (half) year: -£4,000
  • Farel01
    Farel01 Posts: 110 Forumite
    Seventh Anniversary 100 Posts Combo Breaker Debt-free and Proud!
    I was waiting for this thread: Sign me up!! :D

    12k- though DH and me are looking to replace our kitchen @ 7K and bathroom @ 3/4K so if we finish early we might just spend it on that... Not sure if we'd fail the challenge? Or can I put in a loophole that if we spend the savings on kitchen + bathroom it sill counts?

    Either way I am looking forward to a year of saving :cool:
    Debt free as per 22/12/16 - :D
  • Lomcevak
    Lomcevak Posts: 1,026 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Farel01 wrote: »
    12k- though DH and me are looking to replace our kitchen @ 7K and bathroom @ 3/4K so if we finish early we might just spend it on that... Not sure if we'd fail the challenge? Or can I put in a loophole that if we spend the savings on kitchen + bathroom it sill counts?

    There aren't hard rules, so you can't really 'fail' the challenge - if a new kitchen/bathroom is a goal for you then go for it!

    Personally I don't count money that I plan to spend, for me savings are rainy-day money while planned spending goes elsewhere in the budget, but that's just my take. Saving up for a kitchen/bathroom and paying cash is definitely a win too :)
  • Mrs_Toast
    Mrs_Toast Posts: 450 Forumite
    Please can I join in? I am still paying off a bit of debt but it should be gone by July hopefully. My aim is £2000 which is small compared to alot of yours but it would get our house ready for sale in 2015. Hopefully I can do it before December then we can start on our deposit/equity.
    TOTAL DEBT £12,212.46/£2000 paid off
    Debt Free Goal September 2017
    #106 Emergency Fund £482.53/£1000
  • 100saving
    100saving Posts: 314 Forumite
    Shark wrote: »
    Put me down for £50k

    Really looking forward to 2014

    50k??? how are you going to do that ?
    Age: 24 / London/Ireland / Salary €49,000 / 1 London BTL (8% yield) / Total savings pot £12k+
    Lloyds Club CA £5,000 @4% / FD Regular Saver £3,600 @6% (12 of 12) / TSB Classic CA £2,000 @5%
    Clydesdale Direct CA £1,000 @2% / Santander ISA £700 @0.5% / Premium Bonds - £100
    Halifax Reward CA (£5 per month) / Santander 1|2|3 CC (cashback)
  • floella80
    floella80 Posts: 247 Forumite
    Part of the Furniture 100 Posts Combo Breaker PPI Party Pooper
    Okay I have about 13k in debt but will try for 12k next year. I fully intend to try and save as much as possible so that the loan that I'm paying will be able to be paid earlier than in 3 years! Let's do this, sign me up please!
    Former Debt free wannabe. Now trying to save for a rainy day!
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