The "Save 12k in 2016" Thread!

jacci45

No 24 reporting...£857.09 this month so now on £9027.63 so it will be very interesting to see if I get to £10000 by the end of the year!!
Good luck all!! x

SpekySquarehead

Helllllo everyone.

Delighted to announce a November pay of £500!!! It'll leave me super tight for December but need's must. Now well on track to meet my target for next year.

Lulabel1995

Hi everyone, was just reading though this forum and love the idea of having a set target to save! I would love to join next year but unfortunately £12,000 is much to high for me considering my income and bills! Could I set my own, lower target?

Also there are some great savers on here! Any tips for someone whose just starting out?

Wentthedaywell?

Lulabel1995 wrote: »

Hi everyone, was just reading though this forum and love the idea of having a set target to save! I would love to join next year but unfortunately £12,000 is much to high for me considering my income and bills! Could I set my own, lower target?

Also there are some great savers on here! Any tips for someone whose just starting out?

Lula, you will be very welcome to save as much or as little as you want - we all have our own targets. I think the £12k came from "Save £12,000 in 2012" and we've just carried on ever year!

A good tip is to pay into your savings on payday, like as if it is just another standing order; don't wait to the end of the month and save what (if any!) is left.

darkidoe

Lulabel1995 wrote: »

Hi everyone, was just reading though this forum and love the idea of having a set target to save! I would love to join next year but unfortunately £12,000 is much to high for me considering my income and bills! Could I set my own, lower target?

Also there are some great savers on here! Any tips for someone whose just starting out?

Yes you can set your own lower target! Set something achievable for yourself to start off with and then push yourself to break that limit. It helps to let us know from month to month, how you are getting on and get some tips along the way! It's just so nice to see everyone's else progress!

Use Regular Savers. Once started you become a passive saver. They are automatic, pay high rates of interests and inhibits your from spending more than you need to.

Suffolk_lass

Lulabel1995 wrote: »

Hi everyone, was just reading though this forum and love the idea of having a set target to save! I would love to join next year but unfortunately £12,000 is much to high for me considering my income and bills! Could I set my own, lower target?

Also there are some great savers on here! Any tips for someone whose just starting out?

Another great tip is to tidy your bank account regularly - this means rounding down the balance every time you check (could be daily, or weekly) - usually to the next round £5 or £10 - so my shopping was £72.73 and I tidied £7.27 away to the adjacent savings account - some people refer to this a s Tilly-Tidying - Tilly is still active on the forums - not sure if that was her idea but it has been working for me since July!

I know Slowlyfading is intending setting up next year's thread - if you click on her name you can PM her (personal message) so she knows you are looking to join - she is very busy at the moment, developing her blog to the next level and reading that is another worthwhile tip (link from her details or to Frugal Cottage)

Good luck
SL

Lolly88

#2 declaring £883.97 for this month. I'm really surprised by this - some of it is interest but I'm really not sure where the rest of it has come from. I'm a grand over my target for this year now, very pleased with this!

black_taxi_2

just got a unknown

boiler broke down(1st time in 7 years)

heating engineer next tues

£300 parts/labour

it might cost me from reaching target

slowlyfading

Lulabel1995 wrote: »

Hi everyone, was just reading though this forum and love the idea of having a set target to save! I would love to join next year but unfortunately £12,000 is much to high for me considering my income and bills! Could I set my own, lower target?

Also there are some great savers on here! Any tips for someone whose just starting out?

You are more than welcome to set your own target! Next year's thread will be up in the next week or so, so feel free to join us when it does. The more the merrier!

slowlyfading

Suffolk_lass wrote: »

I know Slowlyfading is intending setting up next year's thread - if you click on her name you can PM her (personal message) so she knows you are looking to join - she is very busy at the moment, developing her blog to the next level and reading that is another worthwhile tip (link from her details or to Frugal Cottage)

Thank you for recommending my blog