We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The "Save 12k in 2016" Thread!
Options
Comments
-
Just set up regular monthly savers for DH and I so I know we will be putting £6000 into a do-not-touch-it account at 6% (gross, and not really 6% as limit of £250 per months means actually just under 3% over the year).
We have both asked for last year's equivalent proceeds to be moved to ISAs with the BS we took them out with. These are really to pay down our mortgage in due course, but not just yet (our interest on that is lower still).
I will update my form now
SLSave £12k in 2025 #2 I am at £4863.32 out of £6000 after May (81.05%)
OS Grocery Challenge in 2025 I am at £1286.68/£3000 or 42.89% of my annual spend so far
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 thread
My new diary is here0 -
Hello! I'm a long time lurker and 'played along' with the challenge last year.
Can I join please and make it official for 2016? I managed 9.5k with my partner (was aiming for 10k) but want to try for 14k this year.
Saving for a house, and also having a cushion after becoming jointly debt free. Would also like a holiday :-)
Thanks Slowlyfading for running!0 -
Hello everyone,
Just paid my first £1000 into my savingsI reached my target last year and this year I think I am going to try and aim above my target of £12k I don't care by how much but I'll see what I can do.
Still aiming for a house purchase either this year or next, so exciting times and better get saving! :cool:
Good luck everyone, we can do this.MFW 2018/19 #55 target: £6,847.26/ £500 paid0 -
Hi slowlyfading, would I be able to join please? I too have followed previous threads and would like to join for real this year.
I've been saving for a while and am not far off reaching my house deposit target; this is a great way to stay on track.
I'm looking to save £16k by the end of the year.
Good luck and happy saving!Save £12k in 2016: £11272.61 / £16000
Total Saved: £94543.980 -
Could you sign me up again please. My target this year is £5000. Which I'm aiming to pay off my mortgage.
Started last year but stopped around 4 months in, after paying for a new bathroom.
Time to smash it! #staythecourseCompetition Wins
2015-Apple iPad Air in December0 -
I'm a week away from pay day so I think I'm safe to submit my January savings (I'll fill in the form shortly). I'm off to a slow start with only £150, but I'm stashing some extra cash in a separate kitty for those hefty house maintenance costs we're anticipating in the next few months!£12k in 2019 #084 £3000/£3000
£2 Savers Club 2019 #18 TOTAL:£394 (2013-2018 = £1542)0 -
I'm on the last push now for this month, hoping to get a few things sold on eBay and local fb selling sites.0
-
£500 submitted!
£200 towards my HtB ISA, and i have just opened a First Direct regular saver with £300!
Now it is time to test my resilience against tesco and sainsburys for fizzy pop and chocolateMoney saving year here i come!
#71 : Save £12k in 2016 : £3,644 / £6,0000 -
Oooooo another £10 going in!!!0
-
Number 36 reporting in for the first time this year
Declaring £1,600 for January which is my best month ever! No idea how it was done, especially with Christmas.
I did have £1,800 but decided to be good and pay £200 of my credit card.....only £398 left to pay off.
I could of course pay off the card in full but we are moving house soon and need as much savings as possible for the deposit.
Whatever money is left when the sale and purchase completes I will be paying off mine and my partners card0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.1K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244.1K Work, Benefits & Business
- 599K Mortgages, Homes & Bills
- 177K Life & Family
- 257.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards