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The "Save 12k in 2016" Thread!
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Hi all, sorry I haven't reported in for a while. It's been a roller-coaster time though with both my wife (expectedly) and myself (unexpectedly) being paid off from work, so we have taken early retirement. We were planning to do this anyway but I was going to carry on at work for a few months and then leave, but the unexpected pay-off meant it wasn't worth it and I left as well.
So the target has consequently taken a bit of a pounding. I still plan to save money each month though, as anything out of the monthly budget that doesn't get used, plus any interest on my accounts, will go towards the savings target. I'm hoping to save about £400 a month on that basis, so my target is now a more conservative £7,500. 
I've declared £352.74 for August. I had actually "saved" around £700 but I bought a new phone so the cost of that has been taken off. Retired at age 56 after having "light bulb moment" due to reading MSE and its forums. Have been converted to the "budget to zero" concept and use YNAB for all monthly budgeting and long term goals.0 -
Be who you are and say what you feel because those who mind don't matter and those who matter don't mind.
Personal Finance Blogger + YouTuber / In pursuit of FIRE
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Oh wow!! Well done SF!. You must be over the moon! Sounds like a nice day out apart from the morning train. Huge congrats :T
Could i be put down for £600 for Sept please, taking my total to £9300, only £700 off from hitting my target - hoping to achieve this next month
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Thanks SF xx
(SF - do you think you will run this thread next year? Ive done so well saving this year and i put it down to this thread and the motivation of others - hope im not prying too much xx)"Don't underestimate the value of financial security"
Wanting to be mortgage free by 45. £155,000 start / £86,880 currently0 -
I already changed it from £20k to £30k a couple months ago. Will just leave it to fail :P In some ways it is actually a relief; to have had a chance of reaching it I would have needed to live completely frugally, now I can buy some new clothes (trainers & boxers falling apart) and not stress about itoh no Dird, what a shame
Not your fault though so maybe just set a new target? ... It would be a shame to call it a day at this point.Mortgage (Nov 15): £79,950 | Mortgage (May 19): £71,754 | Mortgage (Sep 22): £0
Cashback sites: £900 | £30k in 2016: £30,300 (101%)0 -
slowlyfading wrote: »
Whoop whoop :-)I’m a Forum Ambassador and I support the Forum Team on the Banking & Borrowing, and Reduce Debt & Boost Income boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySaving Expert.Save 12k in 2023 #58 Total (£4500.00) £2500.00/£5000 = 50.00%Sealed Pot Challenge ~17 #24 Total (£55.00) £0.00/£500 = 0.00%Xmas 2023 £1 a Day #13 Total (£85.00) £344.00/£365 = 94.24%Virtual Sealed Pot #1 Total (£500) £550.00/£500 = 110.00%£2 Savers Club 2023 #17 Total (£25.00) £45/£300 = 15.00%The 365 1p Challenge 2023 #7 Total £656.19/£667.95 = 98.23%Total £4095.19/£7332.95 = 55.84%0 -
slowlyfading wrote: »
Well done SF. First iv seen of your site will follow with interest from now on!!Can now be found in the Millionaire Challenge thread :beer:0 -
Well done Slowly, great news and well deserved! :T:T:Tslowlyfading wrote: »Save £12k in 2022 thread #7:
Save £10,000 Jan-May 2022 THEN RETIRE!!
Final total for (half) year: -£4,0000 -
Thank you, very pleasedBe who you are and say what you feel because those who mind don't matter and those who matter don't mind.
Personal Finance Blogger + YouTuber / In pursuit of FIRE
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Get to 119lbs! 1/2/09: 135.6lbs 1/5/11: 145.8lbs 30/3/13 150lbs 22/2/14 137lbs 2/6/14 128lbs 29/8/14 124lbs 2/6/17 126lbs
Save £180,000 by 31 Dec 2020! 2011: £54,342 * 2012: £62,200 * 2013: £74,127 * 2014: £84,839 * 2015: £95,207 * 2016: £109,122 * 2017: £121,733 * 2018: £136,565 * 2019: £161,957 * 2020: £197,685
eBay sales - £4,559.89 Cashback - £2,309.730 -
slowlyfading wrote: »
Congratulations SF, well deserved! :T"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%)0
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