The "Save 12k in 2016" Thread!

boglehead

darkidoe wrote: »

Clear the debts before doing any savings first tho! the debt looks worrying.

That is the good advice I got from this forum, and that I followed over the past 2 years.
Last July, I cleared all debt, and I am now only left with my mortgage: a 5year fixed rate of 2.2%

frasersmum123

Cant wait to get started. I don't want to wish the year away but I am excited to think that with the help of this thread I will have a nice amount saved next year

bobobski

Yay it's time! I've been following the 2015 thread and have been waiting to join for 2016! It'll be tough but please put me down for £10,000.

I look forward to saving with you all

Karen's_girl

Please can I join with a target of £6,000 please. Ta.

slowlyfading

Spreadsheet and front page updated

Please can you make a note of your challenge number (they go up to 88 so far) and put it in your sig? That'd be very helpful

Our target is nearly £1,000,000 already! :eek:

bobobski

Waa it's official, how exciting! SF, can you please update mine to £10,000?

Time finally to figure out how to create a signature on this thing...

bobobski

Testing testing... one two

XSpender

Please can I join with a target of £5000. I will save this amount and then spend it on moving costs but want to end the year with £5000 in savings so will be saving £5000 twice in 2016!

I did join this thread a few years back but dropped out due to setting an unrealistic target on a much smaller income than we have now and not really having an end goal apart from the number.

mas2000

I'd like to join lets try for £12,000 cheers.

Max

wishus

Hello.

I would love to join again. I'm disappointed that, as I write, I know I will not reach my 2015 target of £7K, but this thread spurred me on to making overpayments on my debt where I could. As it stands I hit 70% of my target. I do need to prepare for a bigger tax bill in 2017, and my company is paying only a ludicrous 1% towards my pension, so these are things I need to tackle.

There will also be a crux time come early January where my OH returns to work as he has still not conquered his anxiety issues. It feels like I am having to be braced for a storm the whole time.

But if I know I have saved £5K this year, I still need something to push towards. A target that is not easy to achieve but not hard to exceed either is more motivating.

So please may I join again...? And please may my target be £5625?