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The "Save 12k in 2016" Thread!

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  • I've got the same fund as you, Black Taxi. I bought at the peak unfortunately :o and am currently £500 down. I'd lost a grand at one point.

    Now's good time to buy more of course, like you are doing. :)

    Oops, just checked - back down by £700! :(
    Save £12k in 2022 thread #7:

    Save £10,000 Jan-May 2022 THEN RETIRE!!
    Final total for (half) year: -£4,000
  • I found it easy to work out what I'd saved when I was using a separate savings account. Now I keep it in my Current Account (Sant 123) because of the better interest so now I have to work out why I had in there on the day before payday one month and then tally that with what's in my account on payday of the next month. Slightly difficult when paydays flex (see previous post above!) but generally kinda works :-)
  • Interesting approaches. I kind of know how much £££ I need to put away per month, so as soon as I get my pay (around the 24th or so) - I transfer it into my savings accounts (one is a H2B ISA this year). So, I'm basically spending after saving! :)
    #115 - Save £12k in 2019 challenge: £13152.85/29419.55 - 44%:beer:
    Save 100k by March 31st 2021: £38890.27/100k - 38% :j
  • My first savings for January 2016. Just opened a new regular saving account with Halifax - £150. Hope to add more to my January total at the end of this month when I get paid.

    Form submitted #34


    DL
    :staradmin Star from Sue-UU


    3 - 6 Emergency fund #24 £2273. Target £3,000
    SPC15 #57 [SPC14 £195.50, SPC13 £114.08, SPC12 £215, SPC11 £183, SPC10 £209]



  • slowlyfading
    slowlyfading Posts: 13,429 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    JamesFews wrote: »
    Can I join this please? I am aiming to save 12K. What do I do once I have joined?
    Just make a note of your challenge number (151) and post your monthly savings updates :)
    Be who you are and say what you feel because those who mind don't matter and those who matter don't mind.
    Personal Finance Blogger + YouTuber / In pursuit of FIRE
  • slowlyfading
    slowlyfading Posts: 13,429 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    My first savings for January 2016. Just opened a new regular saving account with Halifax - £150. Hope to add more to my January total at the end of this month when I get paid.

    Form submitted #34


    DL
    You don't have to submit the form every time you save something - I just need your end of month total :)
    Be who you are and say what you feel because those who mind don't matter and those who matter don't mind.
    Personal Finance Blogger + YouTuber / In pursuit of FIRE
  • slowlyfading
    slowlyfading Posts: 13,429 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Spreadsheet and front page updated :)
    Be who you are and say what you feel because those who mind don't matter and those who matter don't mind.
    Personal Finance Blogger + YouTuber / In pursuit of FIRE
  • Carrie85
    Carrie85 Posts: 90 Forumite
    edited 15 January 2016 at 8:47PM
    Not going to update fully till the end of the month but January is going better than expected.

    I'm freelance, so saving consistently is always swings and roundabouts. Was expecting to save £500 this month and will be able to from what I've earned so far.
    I've got an unexpected extra week of work, which is great for January, as its usually the quietest month.
    Should hopefully take me to nearer £1K for the month, just need to be frugal over the next couple of weeks to make sure!!

    Love seeing all your updates, never done this challenge before, and checking the thread is definitely helping my motivation, thanks all :)
    Save £12K in 2019 #: £0.00 / £10,000 (0%)
    :www: Saving For A House Deposit: [STRIKE]2015: £2,501.90 / £25,000 (10%)[/STRIKE] 2016: £5,435.06 / £25,000 (21.7%) :www:
  • Gem-gem
    Gem-gem Posts: 4,643 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Transferred my money into my two regular savers. £800 in total. Plus £80 from earlier in the month.
    Total for January £880
    ��
    2025 Fashion on a ration 0/66 coupons
    2025 Frugal challenge
  • How's it going everyone, while I am not speaking much, I am subscribed and when I wake up I look forward to reading everyone's updates, now for me, while this isn't a cold hard cash saving, and it will not be included in the title, I managed to save £250 on my car insurance! So previously my savings this month was looking a bit short, but I should be able to save a bit more now!

    Good luck everyone! I will do my form at the end of the month :)
    Save 12k in 2016 : #54 : £715.16 / £5,500
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