The 'Save 12k in 2014' Thread!

Skittles26

Just submitted my January total of £700, really pleased to see it starting to build up. Thanks again for this thread, it's really helping to keep the motivation up for me, and so many others here too. Well done everyone!

Skippycat

Please could I join too? :A If so my target for the year will be £3,500.00. Thanks.

Nymphadora

January update £765.70 (7.7% of target)

lalman

I can't believe i actually spent more than i earned! - but i cleared all debts i have (apart from mortgage) so i hope it will help with my savings in the next 11 months. Need to step up!

nat21luv

I was doing so so so well for January....and then my exhaust fell off! Ive been quoted £120 just for the part but a good friend who is a parts manager at a garage has sourced one for me for £35 Whats even better is that he will fit it for me too for the price of staying at mine and a cooked dinner yay! means I wont be driving until sunday so saving on petrol too. Ill update on the 31st when ive moved all my dosh around to get an actual figure

I-LOV-MONEY

Hey, a similar idea here !

Anybody saving for an X-box

Wentthedaywell?

I've just set a spreadsheet up to work out approximately how much I would have saved by now, had I saved 10% and 25% of my net salary since I started work (I'm 56). Just a basic 5% compounded, not accounting for tax relief of AVCs, stocks & shares etc.

Conservatively. I would have had approx £135,000 and £435,000:eek::eek::eek::eek::eek::eek::eek::eek::eek::eek::eek:

I am horrified and can't believe how much money I must have squandered, even allowing for years where money was tight with a big new mortgage. Too late to be able to do anything about it now, except to hope for a big premium bond win (I've made a start, I won £25 last month:rotfl:)

So all you good people with more working years ahead of you; keep saving and don't be like me!!

slowlyfading

Spreadsheet updated

Everynamestaken

Hi, I've saved 500 this month and anything extra that is left over just before my payday in middle of feb will be rolled over for the month after. Some goes to my dad to save and the rest goes into a 4% saver on a direct debit so I am at least guaranteed 3k at the end of 12 months.

I'm rubbish at saving and don't use my debit card so I also save with 50 pound notes in a tin with the hope I never had to touch them. That's for a rainy day though and I may have to dip into those at anytime so I guess I am doing better at the minute than I thought.

I also gave someone some polish zloty so I will get over 130 pound on that depending what exchange rate we agree on when they get paid. That will hopefully be money I don't need either, so that will probably also go in the savings pot.

You can tell I'm not used to this saving. I have all these strategies but I think I ultimately complicate it all lol.

TrustyOven

Everynamestaken wrote: »

I'm rubbish at saving and don't use my debit card so I also save with 50 pound notes in a tin with the hope I never had to touch them.

You ever thought of putting that in an easy-access savings account?

I'd never want to save physical money in my home. If you have a fire, all that money's gone. Or if someone breaks in and steals the tin of cash, then it's gone too.