The "Save 12k in 2015' Thread!

Wentthedaywell?

Sugarplum634 wrote: »

How do people keep track of how much they save/earn as extra income over a year? Any tips would be great.

I have a spreadsheet. On payday I total up how much more I have in my various accounts, after deducting household/car etc budget pots, and after adding on any interest.

I have over £6k "debt" on a M&S credit card but it is interest free for a year and gains me points - I've had £30 of vouchers already. I make sure that is deducted from my savings total and is tucked away in a 3% account and gaining interest.

I also make sure £1000 is nominally put into each of 3 "high" interest current bank accounts. It's not new money, just the same grand that gets shuffled round in a circle every month!

It sounds a hassle, but setting up DDs and a bit of initial organisation makes it painless. At the end of December I can total up how much more I have than that time last year!

Qaari

Hi.

Completely new to all this but could you put me down for £5,000?

If it wasn't for me getting married in 2015, I'd sign up for the whole £12,000!

Thank you

Edit: In response to Sugarplum634

I'm trying to track my spending by using YNAB (You Need A Budget). It's an amazing tool imo and really helps you track where you're spending the most money. I import all my bank statements into it so I know exactly how much money I've spent and have left over.

It's not free but with Christmas sales coming up soon on places like Steam, you can get it for cheap.

youngmummy

hi please could i join you all. my aim is £10,000 it will be tight but worth it

Thankyou

black_taxi_2

paid off mortgage,can now save first time in my life


put me down for 10k(emergency fund 7.2k/cash isa 2.8k)


thx slowly fading

rjrs0510

Hello:)

Slowlyfading, can you please sign me up for £40,000? I am being uber ambitious considering that I missed my target last year...but this year I must save more so I can pay off my mortgage!

Thanks:)

stavromueller

Hey,

Can you put me done for 12k again please This challenge is great for motivation :j

steve2005

Put me down for £4,000
I'll be very impressed if I manage it but it's good to have a target!

julieu

can you please add me too for the full £12,000. I lost DH in Oct and although he left me, at the moment, financially secure l need to look to the future. I want to retire at 55 so that gives me 5 more years save, save, save.

slowlyfading

lalman wrote: »

SF there is "042. Alarae - £3,5000" on the front page, is that a 35k goal or a 3.5k goal and added to many zeros?

Oops should be £3,500 - thanks for pointing that out!

slowlyfading

skyblueshez wrote: »

#158 from 2014 - who sadly didn't achieve my goal this year due to losing my job. Can I join again for 2015 and hope that work is kinder to me in the following year? Thankyou!

What do you want your target to be?