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The "Save 12k in 2016" Thread!

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Comments

  • Westie983
    Westie983 Posts: 5,215
    Tenth Anniversary 1,000 Posts I've been Money Tipped! Name Dropper
    Forumite
    Gem-gem wrote: »
    Well done Westie on your savings total.
    Merry Christmas to you and everyone on this thread.

    Thanks Gem-Gem,

    Hows your £2 collection going?
    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%
  • 166million
    166million Posts: 1,233
    Debt-free and Proud!
    Forumite
    edited 21 December 2016 at 3:43PM
    My total savings this year ended up -3829.02 (minus)

    Started with £6642.31, now I have £2813.29.

    But i did pay for a wedding!
    **Debt Free as of 15:55 on Friday 23rd March 2012**And I am staying that way
    377 166million Sealed Pot Challenge 2018 :staradmin No. 90: Emergency fund £637
    My debt free diary http://http://forums.moneysavingexpert.com/showthread.php?t=3630099
  • Suffolk_lass
    Suffolk_lass Posts: 11,426
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Forumite
    edited 21 December 2016 at 7:28PM
    My total is £799.04 this month. Sadly I had to move £600 back to cover paying for a holiday at Easter. £1,399.04 was much more impressive but as it was in-month I don't feel I can count it.

    See you over in 2017 thread :wave: although I might pop back a few times to check out our results

    SL
    Save £12k in 2026 #2 I have banked £10,836.47 in 9 months, against a £10k target The Save £12k in 2026 thread is here
    OS Grocery Challenge in 2026 I have a £3000 annual budget for 2026 - currently £1971.56 to the end of Sep
    I also Reverse Meal Plan on that thread and grow much of our own premium price fruit and veg, joining in on the grow your own in 2027 thread brand new and sparkling - feel free to join us and say what and how you are planning
    My keep within our budget diary is here
  • Lolly88
    Lolly88 Posts: 322
    Tenth Anniversary Combo Breaker
    Forumite
    My very last update of this year and a very good one at that. Total saved this month is £1612.33 bringing my total for this year £14630.32. Totally smashed my original 8k target and then my updated 12k target. Very happy with how much I've saved. If someone told me in January 2015 that I would clear my debt and have saved over 20k in just under 2 years I would never have believed it,

    Thank you so much for this thread slowlyfading and to everyone for sharing their progress, good and bad, it keeps me motivated.

    Bring on 2017!
    Homeowner
    :j
  • My Savings this month are my usual £500 plus I got paid £95.03 in interest!!!

    My end of year total is £7495.03!!!

    I can't believe it, big thanks to everyone for the encouragement from this thread!

    I have signed up for 2017 for £6k but I think I may increase my target to £7.5k so I'll have a total of £15k in 2 years :D

    Wishing everyone a lovely Christmas and new year, see you in the 2017 thread!
    Save 12K in 2017 #023 = £1345/ £6000 (22.41%)

    Save 12K in 2016 #110 = £7500/ £6000 (100%)

    20k by April 2018 = £8845/ £20000 (44%)
  • bobobski
    bobobski Posts: 771
    Seventh Anniversary 500 Posts Name Dropper Chutzpah Haggler
    Forumite
    I can't believe it's that time already! My December savings total is £683.91 which makes my total year's savings £8,476.09. Nowhere near my £10k target but smashed my 2015 savings (not signed up to this challenge) of approximately £3,000.

    Now, to share some bad news. My company is about to be wound up and I have no redundancy rights. I am saying this here for a couple of reasons:
    - The worst can and sometimes does happen. That emergency fund really is important. I only found out about a month ago that I would be out of a job any day now - absolutely no idea before that.
    - My 2017 savings might not be so great. I do have another job lined up, although it's not finalised yet because the winding up process is getting in the way, but I'm going to do my best.

    Worst possible time of year for this to be happening but hey ho, at least I have a buffer of over £11,000 if it came to it! (It would have been more but I've rather been drowning my sorrows, which isn't a cheap vice).

    Anyway, merry choose-your-holiday everybody. I'll keep checking this board to see how the rest of you are doing (it looks pretty good so far!) but otherwise see you on the 2017 board.

    Thanks SF for all your hard work :)
  • Suffolk_lass
    Suffolk_lass Posts: 11,426
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Forumite
    bobobski wrote: »

    Now, to share some bad news. My company is about to be wound up and I have no redundancy rights. I am saying this here for a couple of reasons:
    - The worst can and sometimes does happen. That emergency fund really is important. I only found out about a month ago that I would be out of a job any day now - absolutely no idea before that.
    - My 2017 savings might not be so great. I do have another job lined up, although it's not finalised yet because the winding up process is getting in the way, but I'm going to do my best.

    Worst possible time of year for this to be happening but hey ho, at least I have a buffer of over £11,000 if it came to it! (It would have been more but I've rather been drowning my sorrows, which isn't a cheap vice).

    Very sorry to hear your news. Yes, it is a bad time of year for fragile things. I do hope you are OK. We have just had a massive health scare with my Mum, and it makes you really reflect on the important things.

    You are right about the emergency funds. My DH wrote off our car at the end of September (he was unharmed, fortunately) and our emergency fund has dealt with topping up for a replacement car, replacing the dishwasher, loaning DS for his car insurance and paying the deposit for replacement windows - all since summer holidays. It is running at a bit less than six months atm so my first priority is to top it back up again.

    When I lost something and was drinking to drown my sorrows, it became quite a habit, so I changed my style. I now buy a more expensive drink and drink 20% of the quantity I used to - drinking more did not agree with me - my wallet, waistline, mood and health were all impacted... just a thought

    See you over on 2017
    SL
    Save £12k in 2026 #2 I have banked £10,836.47 in 9 months, against a £10k target The Save £12k in 2026 thread is here
    OS Grocery Challenge in 2026 I have a £3000 annual budget for 2026 - currently £1971.56 to the end of Sep
    I also Reverse Meal Plan on that thread and grow much of our own premium price fruit and veg, joining in on the grow your own in 2027 thread brand new and sparkling - feel free to join us and say what and how you are planning
    My keep within our budget diary is here
  • jacci45
    jacci45 Posts: 1,636 Forumite
    No 24 reporting...£733.77 for December so total is now £9761.40 so a bit down on my £10000 target.It has, however, been a very expensive and gorgeous year with an Alaskan cruise and my sons wedding so very pleased with the total!

    Happy Christmas to you all...see you on the 2017 board! x
  • Ashers92
    Ashers92 Posts: 102
    Eighth Anniversary 10 Posts Uniform Washer
    Forumite
    Number 157 declaring £650 for the final month.. Taking my total to £12,000! Pleased with that!

    Thanks :)
    #157 - Save £12k in 2016: £12000 / £12000
    House deposit saving mode active: £40000 / £40000
  • :xmastree::xmassign:
    MFiT-T7 #17 (Jan 2025) $193k (Apr) $177k (July) $159k (Oct) $139,900 (Jan 2026) $123,000 (April)$104,700
    (July) $89,000 (Oct) $71,400 (Jan 2027) $ (April) $ (July)

    SPC 19 #6 £268.30
    Regular Saver A/C (24/25) £2800 (25/26) £2484.23 (26/27)

    SPC’s (1)£27.19 (2)£728 (3)£1471 (4)£357 (5)£435.18 (6)£1114.92 (7)£1492 (8)£392 (9)£1952 (10)£1866.65 (11)£1177.74 (12)£1445.39 (13)£1608 (14)£603.30 (15)£672 (16)£2563 (17)£1300 (18)£353.50 (19)
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