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The "Save 12k in 2016" Thread!

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  • george4064
    george4064 Posts: 2,928 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Im going to wait till 1st Feb til I declare my Jan savings.

    1 thing I know I will have saved is £200/m into HTB ISA.

    I need to look into opening another savings account if Im going to save more money in cash (I already have TSB classic account and Nationwide Flexdirect), as opposed to going into S&S ISA. I think ultimately I will save the balance of monthly savings after £200 taken for htb isa, split between cash savings and S&S ISA.

    I realise im waffling now, but just wanted to post my plan to motivate me :)
    "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%)
  • black_taxi_2
    black_taxi_2 Posts: 1,816 Forumite
    Debt-free and Proud! Mortgage-free Glee!
    big thx Eco Miser
    £48515 interest £181 (2009)debt/mortgage-MFIT/T2/T3
    debt/mortgage free 28/11/14
    vanguard shares index isa £1000
    credit union £400
    emergency fund£500
    #81 save 2018£4200
  • Eco_Miser
    Eco_Miser Posts: 4,856 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    george4064 wrote: »
    I need to look into opening another savings account if Im going to save more money in cash (I already have TSB classic account and Nationwide Flexdirect),
    How about the TSB and Nationwide monthly savers? Both 5%, both flexible payments, both accessible if need be, and you've already got the required current accounts.
    Eco Miser
    Saving money for well over half a century
  • george4064
    george4064 Posts: 2,928 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 6 January 2016 at 1:13AM
    Eco_Miser wrote: »
    How about the TSB and Nationwide monthly savers? Both 5%, both flexible payments, both accessible if need be, and you've already got the required current accounts.

    Thank you! I will take a look, first I'll open the Nationwide one and then the TSB RS.

    Quick question, they say that 'interest is paid on maturity'. Is maturity 12 months from the date the account was opened?
    "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%)
  • Eco_Miser
    Eco_Miser Posts: 4,856 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Without checking the T&Cs, I'd say "yes".
    Eco Miser
    Saving money for well over half a century
  • black_taxi_2
    black_taxi_2 Posts: 1,816 Forumite
    Debt-free and Proud! Mortgage-free Glee!
    I get this when I try to colour signature

    £48515 interest £181 (2009)debt/mortgage-MFIT/T2/T3
    debt/mortgage free 28/11/14
    vanguard shares index isa £1000
    credit union £400
    emergency fund£500
    #81 save 2018£4200
  • black_taxi_2
    black_taxi_2 Posts: 1,816 Forumite
    Debt-free and Proud! Mortgage-free Glee!














    ttttttttttttttttttttttttttttttttttttttttttttest
    £48515 interest £181 (2009)debt/mortgage-MFIT/T2/T3
    debt/mortgage free 28/11/14
    vanguard shares index isa £1000
    credit union £400
    emergency fund£500
    #81 save 2018£4200
  • black_taxi_2
    black_taxi_2 Posts: 1,816 Forumite
    Debt-free and Proud! Mortgage-free Glee!
    Colour


    teeeeeeeeeeeeeeeeeeeeeeeest
    £48515 interest £181 (2009)debt/mortgage-MFIT/T2/T3
    debt/mortgage free 28/11/14
    vanguard shares index isa £1000
    credit union £400
    emergency fund£500
    #81 save 2018£4200
  • george4064 wrote: »
    Thank you! I will take a look, first I'll open the Nationwide one and then the TSB RS.

    Quick question, they say that 'interest is paid on maturity'. Is maturity 12 months from the date the account was opened?

    Yes. I opened the Nationwide regular saver a couple of days ago and got an email stating maturity was exactly one year from when I opened it.
  • A couple of extra pounds in Top Cashback payments today. Every little helps right!?

    Have listed a couple of things on Ebay and have sold some books to WeBuyBooks for £17. I have loads more books in the garage to sort and send but wanted to do just a few as its my first time.
    Moving on up :o SPC #382 ~ £40 banked
    12k in 2016 #15. £541.91/£3000
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