The "Save 12k in 2016" Thread!

cathybird

It looks as though we are collectively getting very close to the million mark - I wonder if we have actually reached it? ... Or if it will be end of October

Kreacher

My trusty £500 saved again for September. Takes me to £5900, just £100 off my target!!

Westie983

TheBanker wrote: »

Ours works the same, and worth adding that the price of the shares is the price at the start of the scheme (or 20% less than the price at the start of the scheme in our case). Used to be an almost guaranteed profit but recent years have not been kind to bank shares.

agreed which is why I sold 2015, shares and re-bought again at the lower share price minus 20% so I think I should get into profit in 3 years but wasnt sure with the old share price as it was at 75p.-

gwyneth_valiant

Yours comes out of pre-tax wages? That's amazing! Ours is post-tax!

But yes to the 20%, same in our case - however, it's a bit useless, as our shares have lost more than 50% this year in value...

Sanctioned_Parts_List

I'm late to the party again! I didn't know this thread even existed having spent most of the year on the DFW boards, but have been diligently saving away nonetheless.

So... is it better just to set a target for the last two months, or shall I report the year to date as well?

Hantsman

Sanctioned_Parts_List wrote: »

I'm late to the party again! I didn't know this thread even existed having spent most of the year on the DFW boards, but have been diligently saving away nonetheless.

So... is it better just to set a target for the last two months, or shall I report the year to date as well?

I think it's probably up to you, this is a fairly relaxed thread, it might be easier to post a goal for the last 3 months of the year then start afresh in 2017 but like I say, it's up to you

slowlyfading

Sanctioned_Parts_List wrote: »

So... is it better just to set a target for the last two months, or shall I report the year to date as well?

Feel free to report year to date, if you know it! I always like to add numbers to the pot

slowlyfading

Apologies for the delay in updating, I have done that now. I'm struggling a bit to be honest (see my diary on mfw if you want).

However, we've passed the £million mark saved :j :j :j well done everyone!

Sanctioned_Parts_List

slowlyfading wrote: »

Feel free to report year to date, if you know it! I always like to add numbers to the pot

Thanks!

To end of September '16, including company-matched pension deposits but excluding interest and home equity following mortgage payments, I've saved £26,151. I reckon I should hit £30k plus a bit by the end of the year in deposits - especially as I've just increased my pension savings rate.

tara747

slowlyfading wrote: »

Apologies for the delay in updating, I have done that now. I'm struggling a bit to be honest (see my diary on mfw if you want).

However, we've passed the £million mark saved :j :j :j well done everyone!

Wow!!!!!!!!!!!


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Well done to all of us - and most of all to slowlyfading for keeping this amazing thread going