The "Save 12k in 2016" Thread!

166million

bobobski wrote: »

Any recommendations let me know. I'm mostly posting the plan here to make it seem more real!

P.S. Does anyone else find it tricky to budget month-by-month when they're paid at the end of the month? I don't know why, but I think I'd find it easier to budget if I were paid on 1st!

I budget as if i was paid on 1st, i just keep my pay until then.

slowlyfading

Westie983 wrote: »

thats okay, you seem to be doing the parenting thing quite well, and you have 11 more months to catch up, no panic me lady :-)

Thanks DS seems to have forgotten how to sleep, so it's proving a bit tricky at the moment!

Bruce_Bumba

Just paid credit card #1 in full in Jan, will pay credit card #2 in full in Feb, and then I can start saving! I have also increased my target to £10000 to challenge myself and force me to make up for a slow start.

enthusiasticsaver

Just submitted my form as both OH and I now been paid. OH got his annual bonus so the difference between our income and expenditure for January is £3250

I don't expect we will do as well every month but a good start anyway.

ToiletLicker

Hellllo one and all. I have finally started saving. I will say it is a very pleasing sensation.........Hurrrrrrrahhhhhh
#84

Bradlad9

For people who take the start balance in Jan and the end balance as savings, what do you do if you end with less than you started with??

I was going to do it this way, however for the first 2 months I will be down due to insurance on my car and a loan repayment

ipie

Have submitted my total savings this month of £931.00 fell a bit short of my 1000 target due to some unexpected bills broken car and oven hoping for an even better February need to get that holiday deposit paid .
Plan for February is to walk more and become a bit more old school in my Monday saving approach must get more of a grip on the food budget !

Wentthedaywell?

Bradlad9 wrote: »

For people who take the start balance in Jan and the end balance as savings, what do you do if you end with less than you started with??

This keeps happening to me as my S&S ISA keeps going down and down!

I adjust it in the following month and submit an amount less than what I actually saved that month to balance.

scratched

Payday tomorrow so declaring for the month - a total of £1317.12 saved in January. No major outlays this month (a couple of clothing items in the sales is as extravagant as it got) so pretty much saved as expected.

I can see February working out slightly less fruitful however; I start the last eight installments of my student loan repayments via direct debit this month and have gone for a larger amount than is usually deducted via PAYE. Looking forward to getting that out of the way after 12 long years. The end is in sight!

enthusiasticsaver

Bradlad9 wrote: »

For people who take the start balance in Jan and the end balance as savings, what do you do if you end with less than you started with??

I was going to do it this way, however for the first 2 months I will be down due to insurance on my car and a loan repayment

I will have that on the month I pay for our holiday. I intend to declare nothing saved for that month and any balance I will take off the following or previous month. You might be better off just starting from March if the first two months you cannot start saving.