The "Save 12k in 2015' Thread!

black_taxi_2

thx for massive effort SF

porgiegeorgie

Happy March everyone!

#51 declaring £1786 for February.

Have had a pretty busy month work wise so haven't been lurking around here like I usually do, missing reading everyone's updates though; will go back and do that when I get a chance. Hope everything is going well for everyone.

I have submitted my numbers through the form SF, thanks for your continued effort on this thread

pollyanna24

Happy March everyone!

I had an ephinany (sp) at 5am this morning which made me wake up and come on the laptop to check all my spreadsheets.

I own a house with my brother and we both put an equal amount into the joint account to pay for bills. But I realised I've been overpaying by £75 since the start of the year and was set to overpay by £75 every month. Doh! It's my complicated way of doing my spreadsheets, but means I'll have that much more to save each month.

When I get to work, I'm going to have fun redoing my spreadsheets for the year. That's an extra £900 for the year. Just going to have to try and explain to my brother why I've taken £225 (£75 x 3) out of the account.

SusanneCape

Good morning,

I added £1,000 to my S&S ISA last week, taking my total for the year to £4,000. I have sent in my update.

Many thanks, slowlyfading, for all your hard efforts. I hope your pregnancy is going well. :cool:

All the best,

Ruthy1604

Hi
Number 66 checking in with £700 for February.
Thanks SF

tara747

boglehead wrote: »

£4350 saved this month.

I expected to save much more as i sold some stock options from the company i work for, but i decided to pay £15k off an outstanding loan. I will make another £14k payment in March to pay it off completely.

That's £29k that wont go against my original target of £75k for the year.
As a result i doubt very much i will manage to save anywhere near that amount this year... I will probably be closer to the £50k mark.

However the interest rate on that loan was 5.75%, which was roughly costing me £200 a month of interest... Waste of money!
I think it was the right financial decision.

After that payment in March, my only outstanding debt will be my mortgage (still worth more than Greece's GDP...) - 1.9% rate.

I will then concentrate back on savings/investing.

Yikes, just noticed your outstanding debt in your sig! :eek: Big mortgage...

Humbert_Humbert wrote: »

I think I'll join this one after failing to complete the 2012 challenge.

A quick question on what you consider to be relevant savings. Does anyone count their grossed-up personal pension contributions into a SIPP for this challenge, because, to me at least, this is saving for your future?

I don't count my pension contributions. I'm in a very generous final salary scheme (lucky, I know).

slowlyfading wrote: »

Can I just point something out? I am getting a bit frustrating at people complaining when things aren't updated immediately. The spreadsheet doesn't update automatically, I do it manually when I get a few spare minutes. I do try and keep on top of it, but sometimes, life does actually get in the way.

Also, if there's a mistake, then just tell me! Plus, the rules are pretty clear on updating; by all means continuously update the thread with the individual savings you do during the month, but for updating the thread, I just need the final, total number you've saved for that particular month. I've had a couple of messages asking why I can't just keep adding up the numbers - the simple answer is that it would take far too long for the 200+ members of the thread for me to keep doing that!

Thanks

(((SF))) We all appreciate your efforts xx

TheBunting

I have bowed out of Ibiza this year so that's a good £2000+ I'm not wasting so might actually be able to start my saving in the next week or two. some great saving coming from people, I see some use spreadsheets? How can I get my hands on a template?

And lastly, would like to thank slowlyfading for keeping on top of the spreadsheet, fantastic work!

geoffers4

TheBunting wrote: »

I have bowed out of Ibiza this year so that's a good £2000+ I'm not wasting so might actually be able to start my saving in the next week or two. some great saving coming from people, I see some use spreadsheets? How can I get my hands on a template?

And lastly, would like to thank slowlyfading for keeping on top of the spreadsheet, fantastic work!

Hi TB ... happy to share a blank copy of my Monthly Budget spreadsheet which you can see in Google Drive using this link below. All welcome to take a copy for your own use if this helps;

https://docs.google.com/spreadsheet/ccc?key=0AsOmA55yvUGKdERvZlczZmhQOWZWX0ZNVHBVc2VxaGc&usp=docslist_api

Anyone else have any handy spreadsheets to share?

edinburgher

Can I just point something out? I am getting a bit frustrating at people complaining when things aren't updated immediately. The spreadsheet doesn't update automatically, I do it manually when I get a few spare minutes. I do try and keep on top of it, but sometimes, life does actually get in the way.

How dare you have a job and a life SF? :rotfl:

lisa110rry

Thank you Slowly Fading for putting up with those of us who make mistakes, for example I first thought I had to post on the thread my monthly savings (solved now that sf has explained).

To the poster who mentioned high monthly savings, I'm old and coming (within perhaps 12 years) of possible retirement if I live past 70. I was told all my married life that I need not have a pension as my husband's civil service pension would be fine, then he retired at 49! I have a lot of catching up to do, but thankfully we had a relatively small mortgage of £27k which is cleared. My current plan is to save as much as I possibly can, commensurate with a comfortable life, so that I'm not in penury when very old!