The "Save 12k in 2016" Thread!

george4064

george4064 wrote: »

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.

February Update so far - £200 saved into HTB ISA.

£500 out this month to pay for skiing holiday end of Feb. (so excited!)

Will have to check balance, and see how much I can transfer over to Nationwide RS. I might be able to stretch to the full £500, if not it'll be nearer £400 or something..

gwyneth_valiant

Just transferred £150 to my savings account from my pay (this is not going to be used!), with a total (on target) for this month of 700! YAY!

On another note, I'm learning how to drive...I've not taken that many lessons, but it feels like such an outgoing in terms of cost when you're trying to save! Esp. with this redundancy business looming...

SMGee

Nice to see everyone is making good headway this early in the year!

Well I added up all my commissions plus extra bits saved from this month and my total is £11,204.94 for Feb.

I've added that to my total and will update the spreadsheet. I need to increase my target as it's a bit redundant now, think I will make it £15,000

x

frasersmum123

Ashers92 wrote: »

Its a tough one. I can't see us making moves without a £30k deposit at least in our area to be honest. Around the Saffron Walden, Cambridgeshire/Essex/Suffolk border.

That is where I grew up

frasersmum123

Declared my total for Feb - £275.57

brizzledfw

Congrats on the job frasersmum :T

Scores on doors for me are a further £1k this month. Will update the form now...we are on our way

jessy-eve

declaring February total as £243.77 a nice round number! would have been more but replaced a tablet. still on track though!

Twiggy_34

Pay day tomorrow so I've just submitted my February update for £200.

I had to sit down with the calculator last night as I got myself into a pickle with my sums due to the 2 new regular savers I opened at the end of last month! I inadvertently saved more than I had intended into my long term savings pot and struggled my way through February, wondering why things were so tight after having no mortgage to pay this month (following a switch to a new provider) and no council tax. I'd attributed the struggle to having had to pay out on car insurance and MOT/Service, and borrowed out of my rainy day fund to make it through, but thankfully will be able to replenish most of it when my mum pays back the money I loaned her at the beginning of Feb.

Hopefully I'll be able to sort out a better way of managing my totals as the year progresses! :rotfl:

RichyRich

Declaring for February

Total savings balance is now £9,354.94. Starting balance was £5,027.78 which means that my savings so far are £4,327.16 and I have £7,672.84 to go to get to my target end of year balance of £17,027.78. This is not a typical month! I got paid my annual bonus so that's gone a long way towards bumping up my balance. I need to average £767.28 in savings for the next ten months to achieve it.

I also need to think about finding a new home for some of my funds. I'm currently saving in a FD regular saver, Natwide regular saver, TSB regular saver and TSB Classic Plus, but about £4k is sitting in a crappy ol' First Direct eSaver which pays next to nowt. This is the perfect amount for Lloyds Club, but at month-end £500 of that will be moved out into Natwide Regular, so then under the £4k for max interest. Maybe I need to wait a month or two, before I 'permanently' move the funds to Lloyds.

ourcornercottage

#59 coming with my feb totals. There wont be any more this month. I am very pleased with this months totals.

Feb total £755.27 and that should be a total of £1154.27/£3000

Thanks so much for updating the spreadsheet.

submitted via the form too