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The "Save 12k in 2016" Thread!

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  • mummytummy
    mummytummy Posts: 983
    Part of the Furniture 500 Posts Name Dropper Photogenic
    Forumite
    edited 29 May 2016 at 4:56AM
    Have just updated for May £839, June/July may not be so good as a few outgoings coming up :(




    Must not panic - yet!
    MFiT-T7 #17 (Jan 2025) $193k (Apr) $177k (July) $159k (Oct) $139,900 (Jan 2026) $123,000 (April)$104,700
    (July) $89,000 (Oct) $71,400 (Jan 2027) $ (April) $ (July)

    SPC 29 #6 £26.70
    Regular Saver A/C (24/25) £2800 (25/26) £2484.23 (26/27)

    SPC’s (1)£27.19 (2)£728 (3)£1471 (4)£357 (5)£435.18 (6)£1114.92 (7)£1492 (8)£392 (9)£1952 (10)£1866.65 (11)£1177.74 (12)£1445.39 (13)£1608 (14)£603.30 (15)£672 (16)£2563 (17)£1300 (18)£353.50 (19) 2751.30 (20)
  • Not done too great this month and not sure how I am going to do in June either, as its my twins birthdays, but a saving is a saving. Total so far is £6,900. #176. Good luck everyone.
  • savings_my_hobby
    savings_my_hobby Posts: 363 Forumite
    edited 29 May 2016 at 10:13AM
    £775 for me in May - the lowest of the year so far but...
    I have paid my car insurance off in full as I always try to do and would recommend everyone tries to aspire to (take that 16.5% monthly charge)

    AND, I saved a ridiculous amount last month (ok, not ridiculous but more than expected) whilst getting my car through it's mot.

    The way I have planned to get to £10k is to save at least £950 in months with five Fridays and at least £775 in months with four Fridays as I get paid weekly. This year December has five Fridays but I should only need four, the fifth can be for xmas presents or whatever.

    31 pay days left in 2016 so only need to save £166 per week, down from 192.30 at the start of the year. Will continue to save as mach as possible as we never know what is around the corner

    I only count wages, not interest, interest is a bonus.
    Earn, Save and Achieve
  • I would like to declare £977.65 for May bringing my total to £7452.72 for the year. June should be much better as I am about to embark on a selling spree! Hoping to clear at least £200 from my junk :)

    Everyone is doing so well and I cannot thank SF enough for managing this.

    Form and signature updated.
    "These things take time but I know that I'm the most inept that ever stepped"
  • Hantsman
    Hantsman Posts: 95 Forumite
    £1318.57 for May, happy with that considering car repairs and insurance came out this month

    As always thank you everyone for motivating me and keeping me on the straight and narrow!
    12K in 2017 No.029: £7154.37/ 18,000 (40%)
    £80,000 by Jan 2017: £81419.91/ £80,000 Achieved 01/10/2016!
    £100,000 by Jan 2018: £92360.46/£100,000 (92%)
  • imajica37
    imajica37 Posts: 162
    Part of the Furniture 100 Posts Combo Breaker
    Forumite
    The way I calculate this is to deduct what I had as final balance before I last got paid from what I have just before this months wage goes in. Only do it this way as I now have every penny I have in a Santander account to get the most interest.

    Bring on when I get back over £20,000 savings (I bought a flat at the end of 2014 so putting every penny back into savings to build it up again:j) and have to look for other places to put savings lol.

    I am declaring £427 for May, lower than I wanted but spent an unexpected £175 this month on a hotel for later in the year.
    Save £8,000 in 2023 #10: £49,148/ £8,000 :j
  • Ashers92
    Ashers92 Posts: 102
    Eighth Anniversary 10 Posts Uniform Washer
    Forumite
    157 declaring for May.

    £850 this month. Would have been £900 but taking £50 out now for a holiday trip in June, in order to save similar next month.

    Bringing my total to £7,050.
    #157 - Save £12k in 2016: £12000 / £12000
    House deposit saving mode active: £40000 / £40000
  • velocity_girl
    velocity_girl Posts: 963
    Eighth Anniversary 500 Posts
    Forumite
    #72 here reporting for May - £403.70 saved for the month. That takes me to £2441.43 for the year to date which means I have fallen behind target for the first time this year :mad:

    S'pose it's better than I had feared for the month, but am on holiday in June so unlikely to be able to make much headway then :(
    2018 wins: Aspinal of London jewellery box, Boudavida gym outfit, HP Pavilion laptop, The List party tickets, All Points East festival tickets, Kiehls moisturiser, By Terry cc serum, Nars Liquid Bronzer, Benefit highlighter, Nars illuminator, Fresh advanced lip trio set, Cetaphil sample set, signed copy of My Absolute Darling by Gabriel Tallent
  • benbenandme
    benbenandme Posts: 12,492
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Forumite
    #116 reporting in; £909 for May, bringing my total for the year so far to £5332. I'm hoping to hit my £6k target next month.

    I have bought a house this month, so frantically saving every penny, hoping to be in over the summer, then my savings ill probably drop dramatically.
    Mortgage Total: £49,992/ £75,000
    2026 Mortgage Overpayments Pot £579
  • Dird
    Dird Posts: 2,703
    Eighth Anniversary 1,000 Posts Combo Breaker
    Forumite
    #96 @ £3,072.49 for the month. Now passed the 50% mark
    I'm not sure what's happening with some of my money so will be keeping track of expenditures from June
    Mortgage (Nov 15): £79,950 | Mortgage (May 19): £71,754 | Mortgage (Sep 22): £0
    Cashback sites: £900 | £30k in 2016: £30,300 (101%)
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