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The "Save 12k in 2016" Thread!

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  • A new low for this year of £297 this month due to having to shell out for a new back garden fence.

    June should be a positive one and I've got the main holiday of the year (a week in sunny Devon) out the way without dipping into the savings so not too bad really.

    £252 from salary
    £44 interest
    £1 cashback
  • Kreacher
    Kreacher Posts: 86
    Fourth Anniversary
    Forumite
    My usual £500 for this month (£200 HTB, 300 RS). Had a few outgoings this month (MOT, weekend away).

    Am hoping for more next month but have another trip away so may not go up until July but I'm still really pleased with myself. I've never had savings before and I love updating my spreadsheet every month and seeing the numbers go up!

    Thanks to all for this thread, it's very motivational! I wish I'd found it years ago!
    Save 12K in 2017 #023 = £1345/ £6000 (22.41%)

    Save 12K in 2016 #110 = £7500/ £6000 (100%)

    20k by April 2018 = £8845/ £20000 (44%)
  • geoffers4
    geoffers4 Posts: 263
    Part of the Furniture 100 Posts Photogenic Name Dropper
    Forumite
    Hi everyone

    My spreadsheet for May shows just 2 unexpected expenses; 1 was a car hire bill when we were abroad in April (finally worked its way through onto my credit card statement) and tickets to a play that no.2 son was appearing in. But everything else ticking over nicely, so declaring £2510.35 for May.
    (3 years 4 months to go to financial independence)

    Happy saving everyone.
    Save 12k in 2013-2014-2015-2016-2017-2018-2019-2020-2021-2022 - then early-retired.
  • george4064
    george4064 Posts: 2,964
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Forumite
    edited 31 May 2016 at 7:30PM
    george4064 wrote: »
    Much lower figure this month unfortunately, I spent a weekend away with friends in Holland last week which pretty much wiped out my usual £500 to Nationwide RS. Therefore its only the £200 HTB ISA saved this month.

    My TSB Classic current account balance is much healther (nearer £2,000) so I should be back to usual next month.

    I start a new Sharesave plan next month, much better option price than the last one (which I cancelled after a year). I'm planning on sticking to this plan, but will reduce my take home pay by about £222 a month.

    Total figure for April:

    £200 - HTB ISA (The actually figure is bit higher if I included my TSB classic account).

    Solid month for May, £700 in total.

    I did something I've never done before and withdrew dividend income from my S&S ISA (so that has boosted my current account balance by £307). That was made up of 4 dividends all paid in the end of May, [gotta love income paying stocks!].

    Saved in May as below:

    HTB - £200
    Regular Saver - £500
    "If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes” Warren Buffett

    Save £12k in 2025 - #024 £1,450 / £15,000 (9%)
  • scratched
    scratched Posts: 15
    Seventh Anniversary Combo Breaker
    Forumite
    edited 31 May 2016 at 9:25PM
    Hi everyone, declaring £895.4 for this month. Seeing some good numbers on here, very motivational!

    I'm not quite on track with my target, really need to get back to some hefty overtime soon but work has gone a bit quiet recently. Also that damn student loan is dragging me down somewhat - only four more payments to go and it's gone though...
    Save £12k in 2016: £11272.61 / £16000

    Total Saved: £94543.98
  • Domayne
    Domayne Posts: 623
    Debt-free and Proud!
    Forumite
    #127 with a late report of £1000 saved for May!
    I'm determined to save 1k per month for the rest of this year but I've had a very bad spendy may and now I have £80 to last until the end of June which is going to be fun...
    Saved so far - £28,890.97
    ~Selfish is the name that the jealous give to the free~
    Save 12k in 2019 #18 £5,489.43/12000
  • kev2009
    kev2009 Posts: 1,137
    Part of the Furniture 1,000 Posts Name Dropper
    Forumite
    Hi all,

    #025 declaring £500 for April and £500 for May.

    Apologies being late providing the updates.

    Kev
  • garfield33
    garfield33 Posts: 347
    Part of the Furniture 100 Posts Name Dropper
    Forumite
    Hurray a month in the right direction - saved £481.80 in May, taking me to -£232.65 for 2016, so all being well June will put me back in the black after a spendy few months. Finally get some overtime payment next week too (from Christmas!) so that will help! However I'm noticing a few things around the house that need fixing and replacing so it might not last... oh well, it's an investment.

    Well done everyone, some great numbers going on! :)
  • cathybird
    cathybird Posts: 17,038
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Forumite
    edited 1 June 2016 at 5:41PM
    hi all, declaring savings of £2,262.85 for May, bringing my total for the year so far to £11,273.56.

    June is likely to be a slightly different story as I have a couple of big bills, plus work has got my pay wrong this month :mad: (long story) and so it will be a fair bit less next month. I plan to tighten the belt though so we'll see. :)
  • bigfreddiel
    bigfreddiel Posts: 4,263 Forumite
    I saved £23k in 2015, and I only work part time!

    How did I do it? Well paid off mortgage many years ago, got two pensions coming in, plus part time work, and it's easy.

    Should easily top it this year because sp kicks in in a few weeks.

    Don't know why I'm saving now, it's jus habit.

    So to those of you out there, keep at it, after thirty plus years of saving, you'll end up like me - a savings addict!

    Good luck fj
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