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The "Save 12k in 2016" Thread!

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  • darkidoe
    darkidoe Posts: 1,129 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    Declaring £378 for Month of January. Not a great month. Loads of spending on travel, helping out family expenses. hopefully month of Feb will be better.

    Save 12K in 2020 # 38 £0/£20,000
  • tara747
    tara747 Posts: 10,238 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    January 2016 update!


    I saved £309 in January, lots of (planned) big expenses made it a pretty costly month. That takes me to £95,516 overall :)
    Get to 119lbs! 1/2/09: 135.6lbs 1/5/11: 145.8lbs 30/3/13 150lbs 22/2/14 137lbs 2/6/14 128lbs 29/8/14 124lbs 2/6/17 126lbs
    Save £180,000 by 31 Dec 2020! 2011: £54,342 * 2012: £62,200 * 2013: £74,127 * 2014: £84,839 * 2015: £95,207 * 2016: £109,122 * 2017: £121,733 * 2018: £136,565 * 2019: £161,957 * 2020: £197,685
    eBay sales - £4,559.89 Cashback - £2,309.73
  • slowlyfading
    slowlyfading Posts: 13,429 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    geoffers4 wrote: »
    Have spent quite a bit of time recently reading-up on more frugal or minimalist lifestyles, as this seems a great way of saving unnecessary costs. If you are interested, I'd recommend reading Theminimalists.com, Frugalwoods.com, MrMoneyMustache.com .... and our very own SlowlyFading's blog too of course!

    Looking ahead, we have just 32 pay-days to go to financial independence... and escaping from the world of work forever. Hope Slowlyfading can keep this thread running that long!
    Thank you for reading my blog :) and I intend to, if people still want me too!
    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
  • Interest payments of £20.14 added to the savings pot today. I know its not vast sums but it does feel good to get a reward for saving :)
    MFW 2024 £27500/7500 Mortgage £129,500 Jan 22 Final payment June 38 Now £68489.08 FP May 36 Emergency Fund £20,000 100% Added to ISA 24 £8,060 Save 12k in 24 #31 £20,034.76/20,000 Debt Free 31.07.14
  • So January wasn't a very successful month in terms of saving. I managed a pretty meagre £141 due to buying a new work wardrobe, paying off the Christmas bills on the credit card and a few other bits for myself. It's better than making a loss and I'm hopeful this month will be much more productive. Plus I have my first direct regular savers interest to look forward to this month!
  • #48 declaring £200 for January.
    Grocery challenge 2017 January £158.74/£200
    Grocery challenge February £100.91/£190
  • Hello! What a fantastic idea! I saved £20k last year but £17k of that is about to go down as a house deposit, and the rest, I'm sure will be swallowed up in costs...

    Stick me down for £10k, seeing as I'm already a month behind and now will have all the usual lovely house expenses! ;)
  • slowlyfading
    slowlyfading Posts: 13,429 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Spreadsheet 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
  • #087 declaring £1600 for January. I'm amazed at that....am well pleased!
  • Bradlad9
    Bradlad9 Posts: 32 Forumite
    Well an expensive month means i am £547.31 down on my balance from December. Not the end of the world as i did put £500 into regular savers & ISA, so really i am only £47 down! Bring on February which should put me about £400 up from December! Fingers crossed!
    Save 12k in 2016 : #54 : £715.16 / £5,500
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