The "Save 12k in 2016" Thread!

black_taxi_2

changed target to 12k

thx SF

Karen's_girl

I keep forgetting to post regular updates.....#87 declaring £466 for July and £400 for August.

sweetpeas_2

Hi :hello:

When I joined I knew I would be a bit slow off the mark as had alot of commitments to get rid of before I could start saving for house deposit.

But started this week and got ourselves off the mark with £240

catching up on the thread now xx

Westie983

Standing orders go out tomorrow but as I'm not sure if I will have internet to update as I'm visiting family, so I have declaring now, based on the SO going out and adding to the regular saver balances.

Now I have am maturing FD regular saver, so I had two options, I could take the total of the FD regular saver of my total and drop me quite far under my total, or to remove a little of it, each month, so I stay in the high 11k/12k, and should average out before November, as I will have more SO going out next month.

Not sure I'm making sense but I know what I mean lol....

Total for September £606...

Which brings my total saved year to date = £12350.00...

Happy Westie (now my total is over my target set)

)

enthusiasticsaver

Quite sad this morning I have been saving £500 per month into my Vanguard Lifestrategy Fund Stocks and Shares ISA and had to cancel my monthly investment subscription this morning. We are just six weeks off my husbands retirement date and he needs to buy a replacement car as his company car goes back to the leasing company in a months time. Also his income will obviously drop and we do not know how much his lump sum will be until the disinvestment date in October. Unfortunately this means that my regular investment subscription needs to wait until we know what our new income will be as it will just be OHs pension and my part time salary. Scary but exciting times but when we know where we are financially then we will decide when I will retire. I have some regular savers coming out in three months time and OHs lump sum so he has said I can use some of that to top up my stocks and shares ISA with a lump sum instead of monthly payments.

Eco_Miser

Westie983 wrote: »

Now I have am maturing FD regular saver, so I had two options, I could take the total of the FD regular saver of my total and drop me quite far under my total, or to remove a little of it, each month, so I stay in the high 11k/12k, and should average out before November, as I will have more SO going out next month.

You've saved that money, so unless you actually spend some of it, it's still part of your savings, whichever account it happens to be in at the time.
(You can't count it twice though, if you start feeding it into another regular saver.)

slowlyfading

I have launched a new project on my blog today, which I'm asking if you can have a little read of.

If this challenge has helped you in any way, please can you consider donating just £1 or £2 to the cause? I would love to reach my target set on there, though I'm a bit nervous about it to be honest!

Please click here to have a read

Thank you :A

slowlyfading

kitjos wrote: »

(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)

I am intending too

[Deleted User]

slowlyfading wrote: »

i won.....!

See here:
http://www.thefrugalcottage.com/i-won-the-shom-mo-awards/

Fantastic News SF. Well done you!!

Westie983

Eco_Miser wrote: »

You've saved that money, so unless you actually spend some of it, it's still part of your savings, whichever account it happens to be in at the time.
(You can't count it twice though, if you start feeding it into another regular saver.)

Think I will put the money into my ISA, and like you said its money I have saved, I will then take a chunk out of it, as I need to pay off some credit cards.

The other SO will continue as they have done, and hopefully build the figure back up again.

Tick Tock, for the maturity, Im hoping 6% is still on offer,