The "Save 12k in 2016" Thread!

Seafoam

Hello everyone. Is it too late to join? I've been a big fan of MSE for a while now and just discovered these forums. Very exciting stuff!:j

I'm aiming to save £22000 this year
Starting from £0.00
Jan total saved: £1723.45
Feb total saved: £2569.75

Total saved to date 2569.75

& planning on doing A LOT of overtime this month:o

george4064

Having received a cheque for £1,251 from my employer sharesave plan (cancelled it), I'm looking at a bumper March figure as I wasn't previously including the money saved when it was being held separately to exercise the share options.

[Deleted User]

Another £15 added to savings. New total £1260. Hoping to get to £1800 by end of March.

SF I subscribed to your blog a while ago and get the email updates. I love reading the updates, they help to keep me motivated. In particular I have been interested to read about you starting an Stocks and shares ISA - I have been thinking about this too and will look to do it probably next year or the year after. This year I am concentrating on setting money aside for new (to us) cars so the money is there for that when we need it which won't be too soon I hope and adding some more cash to my emergency fund which took a bit of a hit last year (aiming to get it back up to £20k). Best of luck with getting your numbers up on the site.

Gem-gem

My KEnt Reliance (4%) RS matured yesterday. I went down today to a) open another one b) sort the matured one out - get it transferred out to my regular saver ISA. When I got down there ( live 19 miles away, so a 38 mile round trip) I realised that I had forgotten my passbook. I had only taken the letter down with me. So I couldn't close the account and transfer the money. I was so cross with myself. I was really looking forward to posting my interest. It wasn't a totally wasted trip because I was able to open my new RS.

Westie983

Gem-gem wrote: »

My KEnt Reliance (4%) RS matured yesterday. I went down today to a) open another one b) sort the matured one out - get it transferred out to my regular saver ISA. When I got down there ( live 19 miles away, so a 38 mile round trip) I realised that I had forgotten my passbook. I had only taken the letter down with me. So I couldn't close the account and transfer the money. I was so cross with myself. I was really looking forward to posting my interest. It wasn't a totally wasted trip because I was able to open my new RS.

Interesting I thought I would be able to log into my Kent Reliance account and transfer it out, will I need to go to a branch to do that do you think?

I will open a new one in branch thought, Mine isn't due to mature till 30/03/16.

kitjos

# 161 with payment of £281 for March . Hope to do one more payment yet but will wait and see.

Thanks SF xx

166million

166million wrote: »

340.76 for januarey

OK I started with £6642.31
Leaving me to save £5357.69 for 12k
I now have £7299.23
Take away £6642.31 = £656.92
take off £340.76 for January

131. 166million total for Feb £316.16

There must be a simpler way of doing this maths!

166million

Does anyone know when you can apply for an ISA for next year? I mean starting in April

Gem-gem

Westie983 wrote: »

Interesting I thought I would be able to log into my Kent Reliance account and transfer it out, will I need to go to a branch to do that do you think?

I will open a new one in branch thought, Mine isn't due to mature till 30/03/16.

I only have a passbook so I have to go into the branch. They will transfer it out using a bacs payment or a cheque.

geoffers4

166million wrote: »

Does anyone know when you can apply for an ISA for next year? I mean starting in April

April 6th is the start of the new tax year.