The "Save 12k in 2016" Thread!

garfield33

First report of 2016 - £523.57, just over 1/12th of my goal - so far, so good!
Will submit via the form now.

e4rly

Having checked my figures, I'm at £500 cash for January (I also managed to overpay on my mortgage too, but that is a different "pot").
A few January treats meant I could have managed more - but they are worth it!

Thanks SF!

tempus_fugit

£800 for me this month. A slow start but it should start ramping up as the year progresses.

[Deleted User]

Declaring £580 for January. Happy to be past the 10% point.

cathybird

Wentthedaywell? wrote: »

I did that a couple of years back, rather than buying hardbacks that I'd only read once. It saved me a bomb and made some space on my bookshelves!

I also cut back on memberships of N.T., Arts Fund, a couple of local museums etc that I really wasn't visiting much which saved me over £200pa. I know one should pay just to support them, rather than doing it on a "am I getting value for money?" basis , but needs must!

Yes to this Wentthedaywell - also am selling off a few books to make a few quid, and have dropped membership of the one museum I was a member of Needs must indeed.

Suffolk_lass

e4rly wrote: »

Having checked my figures, I'm at £500 cash for January (I also managed to overpay on my mortgage too, but that is a different "pot").
A few January treats meant I could have managed more - but they are worth it!

Thanks SF!

If you are regularly overpaying your mortgage, why not join the MFiT T4 (Mortgage Free in Three - Take 4) thread too, to make yourself more accountable? Lots of us over there are not actually planning to clear our mortgages within three years. Although it formally started a week ago, we don't report in until the last OP of Q1 has taken place. The link is here https://forums.moneysavingexpert.com/discussion/5375506 (sorry, Mac won't let me paste as a link)

SL

george4064

January update - £700 saved.

£500 to Nationwide RS, and £200 to Halifax HTB ISA.

Okay-ish start, I know as the year goes on I will be able to improve how much I save.

cathybird

No. 11 in the challenge declaring today because my bank accounts won't update any further over the weekend anyway and if I sell any eBay items I'll simply roll the amount over to Feb, so my Jan savings come to £1,681.15. I had an unexpected vet bill so it's less than it would have been otherwise. But it was good to have had the money in the bank to pay the vet bill too.

slowlyfading

Spreadsheet updated there's lot of fantastic numbers to the start of the year - well done everyone!

I, on the other hand, have had a not too great start as I've only managed to save £302.07 this month. However, onwards and upwards!

RichyRich

Hey, SlowlyFading — at least you're not down like I am! I will be in a better position next month as we've had a pretty frugal January but this takes time to filter down because of when the credit card becomes payable.

I've opened a TSB monthly saver today and funded £250, another £250 to go over on Monday, with a standing order to go over after pay day each month. The money moved over so far is just rejigging of the whereabouts of particular balances, but hey - I might as well move every penny to maximise interest as soon as possible.

My TSB current account switch goes through on 8th Feb (so much for 7 day switching!) and will be boosted by a £100 bonus too. I'm confident for the year ahead.

THANK YOU for maintaining this thread!