The "Save 12k in 2016" Thread!

slowlyfading

Spreadsheet updated

george4064

Aliliva wrote: »

My DDs in the regular saver and H2B just kicked in, so I can report 700 saved for May :cool:

Thats exactly what my normal monthly saving looks like, high five! :T

Anavand

Hello everyone,

I think I'm reporting for April as well as part of March and May so apologies if I'm not too clear on my figures. I make it another €4300 or so in that time so have updated by signature accordingly. We are getting closer to taking the plunge with buying a house, debating whether to go for a bigger and better house (with a bigger mortgage) or to buy more conservatively and take on a more manageable debt. I am really inspired by the folks over on the mortgage-free wannabe thread, which leads me to think smaller is better! But so many people have other views on this. Any advice from anyone on here would be appreciated, as I guess some of you are also saving for a deposit.

garfield33

darkidoe wrote: »

Maybe your in the wrong thread? Debt free wannabe maybe?

No I don't have any debt. I've been saving since I started work, but every so often you have to spend some of the savings (that's what they're there for) - and I seem to have had a few of those so far this year. Some boring (work on the house, keeping the car running) and some fun (holiday, gig tickets). So although my total savings have dipped a bit this year, there's still plenty there and I'll be able to post a nice positive number for 2016 in a month or two.

chelseablue

garfield33 wrote: »

No I don't have any debt. I've been saving since I started work, but every so often you have to spend some of the savings (that's what they're there for) - and I seem to have had a few of those so far this year. Some boring (work on the house, keeping the car running) and some fun (holiday, gig tickets). So although my total savings have dipped a bit this year, there's still plenty there and I'll be able to post a nice positive number for 2016 in a month or two.

Same here.


Since January we have saved over £6,000


But of the £6,000 we have £1,200 of it in the bank as we moved house in Feb and our house needs work so have spent the money on the house.


But I guess at least we are doing the work as we go along and not just putting it on a credit card or taking a loan out

darkidoe

garfield33 wrote: »

No I don't have any debt. I've been saving since I started work, but every so often you have to spend some of the savings (that's what they're there for) - and I seem to have had a few of those so far this year. Some boring (work on the house, keeping the car running) and some fun (holiday, gig tickets). So although my total savings have dipped a bit this year, there's still plenty there and I'll be able to post a nice positive number for 2016 in a month or two.

Ah i see what you mean. So you are saying you have savings, but you have been a net spender so far this year rather than a net saver? Negative savings so far this year? Looks grim but at least it's an honest picture. Go get em. Kill the Minute Sign.

garfield33

darkidoe wrote: »

Ah i see what you mean. So you are saying you have savings, but you have been a net spender so far this year rather than a net saver? Negative savings so far this year? Looks grim but at least it's an honest picture. Go get em. Kill the Minute Sign.

Yep that's a good way of putting it - I'm a net spender, but only since January.

What is Kill the Minute Sign? I googled it but that didn't help!

Westie983

garfield33 wrote: »

Yep that's a good way of putting it - I'm a net spender, but only since January.

What is Kill the Minute Sign? I googled it but that didn't help!

Think they may have meant the minus sign :rotfl:

darkidoe

Hahha it's the minus sign indeed..:rotfl:

garfield33

darkidoe wrote: »

Hahha it's the minus sign indeed..:rotfl:

Of course it is! Doh, it's obvious now I thought it might have been a motivational phrase of some kind... I'll get me coat