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The "Save 12k in 2016" Thread!

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  • 166million
    166million Posts: 1,233 Forumite
    Debt-free and Proud!
    edited 4 February 2016 at 6:12PM
    340.76 for januarey
    **Debt Free as of 15:55 on Friday 23rd March 2012**And I am staying that way
    377 166million Sealed Pot Challenge 2018 :staradmin No. 90: Emergency fund £637
    My debt free diary http://http://forums.moneysavingexpert.com/showthread.php?t=3630099
  • enthusiasticsaver
    enthusiasticsaver Posts: 16,062 Ambassador
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 5 February 2016 at 2:59PM
    Expensive month so far so don't think savings this month will be anything to write home about :( I have paid out for flights to Switzerland in July (low cost airline in MSE style) and advance paid hotel as £500 cheaper so I have saved money but paying for it all upfront will make a serious dent in Februarys' savings. Also got my birthday next week so meal out, my car insurance on 20th and theatre tickets to buy. Good job January savings were much higher than anticipated.
    I’m a Forum Ambassador and I support the Forum Team on the Debt free Wannabe, Budgeting and Banking and Savings and Investment boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.

    The 365 Day 1p Challenge 2025 #1 £667.95/£301.35
    Save £12k in 2025 #1 £12000/£8000
  • kitjos
    kitjos Posts: 223 Forumite
    Tenth Anniversary 100 Posts Combo Breaker
    Into Feb already!

    Pay day not as great we thought, but £548 saved this week. Hopefully can top that up more next week (paid weekly) :o

    #161 xx
    "Don't underestimate the value of financial security"


    Wanting to be mortgage free by 45. £155,000 start / £86,880 currently

  • Candyapple
    Candyapple Posts: 3,384 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Is it too late to join?

    I'd like the target of £12k please.

    Can report that January and February, £1k was saved respectively so on target :D
    I'm a Board Guide on the Credit Cards, Loans, Credit Files & Ratings boards. I'm a volunteer to help the boards run smoothly, and I can move and merge threads there. Any views are mine and not the official line of moneysavingexpert.com
  • cathybird
    cathybird Posts: 15,647 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Well despite the fact that it's only the 5th day of the month I've had an absolute perfect storm of bills to pay - tax bill, another vet bill, an insurance bill, TV licence, I've needed a tree cut down, am doing a will, so on and so forth, so having crunched some rough numbers I can't see that I will come out very far ahead for February. I reckon I'll be calling about £400, but of course I might have done my sums horribly wrong :) We'll see! Doing my best to save as much as possible. :)
  • Lomcevak
    Lomcevak Posts: 1,026 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Bit late updating as was away last week, managed £1464.58 for January - it was an expensive month and Feb will be too, so not really going to get properly going with this challenge until March. At that point it's full steam ahead, hopefully...!
  • cathybird
    cathybird Posts: 15,647 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Actually I forgot the plumber's bill! Still to come in and I'm not really sure how much it will be. Oh well, at least I've got the savings now to pay for these things :) Next month will be better.
  • I'm still on target, I have £300 going into my work save-for-shares scheme (which I don't count for this challenge as it's taken directly from my salary), and £700 regularly into my savings accounts on target for my 8k goal this year.

    That said, it looks like I might be made redundant soon - so we'll see how I get on with this. Fingers crossed it won't happen, but I should know by mid-Feb.

    Seeing some fantastic numbers on here is really helping keeping me going! I've also done the minimalist game last month, and I'm selling tons of old textbooks on Amazon and other stuff on eBay - which is mainly going towards paying of my CC (which is normally paid off in full every month - hello Avios! - which should leave me with more cash in the current account!).
    #115 - Save £12k in 2019 challenge: £13152.85/29419.55 - 44%:beer:
    Save 100k by March 31st 2021: £38890.27/100k - 38% :j
  • bsms1147
    bsms1147 Posts: 2,275 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Well done everyone!

    I managed £1,603.51 (!) which is great for me and puts me at just over 10% already for the year. Taking a 20% paycut from now though so won't always be as good, but will keep trying!
  • slowlyfading
    slowlyfading Posts: 13,429 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Spreadsheet and front page updated :)

    There are so many people doing so well! I need to get better it seems :rotfl:
    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
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