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The "Save 12k in 2016" Thread!

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  • Westie983
    Westie983 Posts: 5,215 Forumite
    Tenth Anniversary 1,000 Posts I've been Money Tipped! Name Dropper
    Regular Saver has just come out early due to the 20th falling on a weekend so I am declaring for March....


    £1650

    I have a regular savings maturing next week, so that will go straight to pay of a balance transfer that is due to expire, thanks Barclaycard 0% for 24 months has allowed me to fill two years worth of regular savers at 6%

    as they say every penny counts

    :-)
    I’m a Forum Ambassador and I support the Forum Team on the Banking & Borrowing, and Reduce Debt & Boost Income 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 MoneySaving Expert.
    Save 12k in 2023 #58 Total (£4500.00) £2500.00/£5000 = 50.00%
    Sealed Pot Challenge ~17 #24 Total (£55.00) £0.00/£500 = 0.00%
    Xmas 2023 £1 a Day #13 Total (£85.00) £344.00/£365 = 94.24%
    Virtual Sealed Pot #1 Total (£500) £550.00/£500 = 110.00%
    £2 Savers Club 2023 #17 Total (£25.00) £45/£300 = 15.00%
    The 365 1p Challenge 2023 #7 Total £656.19/£667.95 = 98.23%
    Total £4095.19/£7332.95 = 55.84%
  • Darksoul
    Darksoul Posts: 24 Forumite
    Payday at last :) I'm surprised I managed to hit my target for the month as it hasn't exactly been an MSE one. Declaring £572.13 for March which brings my overall total to £1876.15. :j
    :www:House Deposit £10,539.47 / £12,500:www:
  • Anavand
    Anavand Posts: 17 Forumite
    Hello everyone,

    I am a long-term lurker and looking to get more actively involved. Thank you all for your inspiration, the things people achieve on these forums is amazing! :T

    We have been saving a relatively small amount for a number of years towards a deposit for our first home. Two years ago we got the chance to move with my work so we are currently in Europe, which is why my savings figures are in euros (though some of our savings is still in sterling). The new job was quite a lot better paid and my DH has also been able to find work out here so between us, we have been able to save larger amounts. We are probably going to relocate back to England at some stage and buy a house there but in the meantime we are saving as much as we possibly can! I have set a target of €30000 for this year and have a good start to the year so far. I hope I will be welcome to gatecrash the board this far into the year. :rotfl:
    Mortgage November 2016- 201000 :shocked: Mortgage April 2017- 185300 :T Mortgage May 2017- 182900
  • darkidoe
    darkidoe Posts: 1,129 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    I am emptying my savings account into the S&S ISA allowance end of this month. !!!!!! me. I have to start from scratch to fill up all my series of current accounts again. :/

    Save 12K in 2020 # 38 £0/£20,000
  • Suffolk_lass
    Suffolk_lass Posts: 10,291 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Anavand wrote: »
    Hello everyone,

    I am a long-term lurker and looking to get more actively involved. Thank you all for your inspiration, the things people achieve on these forums is amazing! :T

    We have been saving a relatively small amount for a number of years towards a deposit for our first home. Two years ago we got the chance to move with my work so we are currently in Europe, which is why my savings figures are in euros (though some of our savings is still in sterling). The new job was quite a lot better paid and my DH has also been able to find work out here so between us, we have been able to save larger amounts. We are probably going to relocate back to England at some stage and buy a house there but in the meantime we are saving as much as we possibly can! I have set a target of €30000 for this year and have a good start to the year so far. I hope I will be welcome to gatecrash the board this far into the year. :rotfl:

    Anavand, you need to submit a form (the update form in post 1) and PM Slowly fading to get on the team. Good luck
    SL
    Save £12k in 2025 #2 I am at £4863.32 out of £6000 after May (81.05%)
    OS Grocery Challenge in 2025 I am at £1286.68/£3000 or 42.89% of my annual spend so far
    I also Reverse Meal Plan on that thread and grow much of our own premium price fruit and veg, joining in on the Grow your own thread
    My new diary is here
  • Carrie85
    Carrie85 Posts: 90 Forumite
    Finally updating for February.
    After my successful January, saving more than I expected (£1500), February has been a bit of a bust.
    I only managed £200, after the cost of new glasses and only working a couple of weeks its smaller than I wanted, but still in the right direction. Feels a bit demoralising after the big Jan number, but need to keep pushing forward.
    I wanted to average £800 a month so I'm still doing that.

    March is looking likely to be low as well :( because although I've had more work than expected some other bills have come up so I'm not sure exactly how much of that I can save.

    This is always the quieter part of my year when freelancing, so I'm still up on the last few years to what I would save, just want to see the numbers move up quicker. Patience is a virtue though, and the end of my year should be much more successful.
    Save £12K in 2019 #: £0.00 / £10,000 (0%)
    :www: Saving For A House Deposit: [STRIKE]2015: £2,501.90 / £25,000 (10%)[/STRIKE] 2016: £5,435.06 / £25,000 (21.7%) :www:
  • Anavand
    Anavand Posts: 17 Forumite
    Thanks Suffolk! I have filled in the form to go on the spreadsheets so hopefully will be added on there. :)
    Mortgage November 2016- 201000 :shocked: Mortgage April 2017- 185300 :T Mortgage May 2017- 182900
  • Can i join in please!! Im literally left with no money to pay a few bills coming off on Monday. Im £50k in debt with no emergency fund. Need to throw myself into a challenge like this to get an emergency fund behind me. Il go for £10k saved this year if thats ok. I say saved, most will be the emergency fund with about £3k paying off my credit card.
    Can now be found in the Millionaire Challenge thread :beer:
  • Just updated for Jan and Feb. £1,150 total. Looking forward to a much better March, but will update at month end.

    Anyone got any tips?!
  • darkidoe
    darkidoe Posts: 1,129 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    Anavand wrote: »
    Hello everyone,

    I am a long-term lurker and looking to get more actively involved. Thank you all for your inspiration, the things people achieve on these forums is amazing! :T

    We have been saving a relatively small amount for a number of years towards a deposit for our first home. Two years ago we got the chance to move with my work so we are currently in Europe, which is why my savings figures are in euros (though some of our savings is still in sterling). The new job was quite a lot better paid and my DH has also been able to find work out here so between us, we have been able to save larger amounts. We are probably going to relocate back to England at some stage and buy a house there but in the meantime we are saving as much as we possibly can! I have set a target of €30000 for this year and have a good start to the year so far. I hope I will be welcome to gatecrash the board this far into the year. :rotfl:

    Nice.:beer: Whereabouts are you working? Cost of living will probably be lower compared to over here on the isle. You will probably be saving a higher percentage of your pay.

    Save 12K in 2020 # 38 £0/£20,000
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