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The "Save 12k in 2016" Thread!

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  • coolcats
    coolcats Posts: 295 Forumite
    Part of the Furniture 100 Posts
    Please add me, will aim for £7k, thanks
  • Bradlad9
    Bradlad9 Posts: 32 Forumite
    Please add me for £4,000, aiming to have a deposit for a house in late 2017 so this will help spur me on!
    Cheers!
    Save 12k in 2016 : #54 : £715.16 / £5,500
  • Hi Everyone

    Just registered on the forum today and planning on saving next year so can I join in with your challenge ? Please put me down for £24,000 this will be a stretch as who knows what can come along during the year but I am hopeful I can make it and it's good to have something to work towards.

    Once I get my number I will update the form and signature.
    25/11 – 24/12 NSDs 4/30
    Food Budget £30 per week £0/£120

  • Lomcevak
    Lomcevak Posts: 1,026 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Yes please, could you put me down for £30k next year :)
  • 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
  • Ah just missed out on update! I'm up to £9500 for this year and December pay pack should see me meet my target! Blooded, sweat and tears to get to this point but very happy!:T

    Can you also put me down for £5000 for next year. Much lower target as next year will be a big spending year. No point in saving if u can't spend it in the end tho!

    Many thanks SF for running this all year and taking it on next year!

    MMP
    April 2021: Total debt £16016

    Goal: Dec 21: £12000
  • Oops just realised I've posted in wrong forum. Need to get eyes tested!
    April 2021: Total debt £16016

    Goal: Dec 21: £12000
  • Please can I join with a target of £3000.

    I will be including all long term savings so my savings account, s and s ISA and my funding circle total.

    Many thanks :)
  • cathybird
    cathybird Posts: 15,607 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    bsms1147 wrote: »
    Interesting how everyone does it a little differently, but for me

    Everything added up at the end of the month
    minus
    Everything added up at the end of the previous month

    In other words, net increase/decrease each month rather than any defined separate savings.

    Same with me - net increase. :)
  • darkidoe
    darkidoe Posts: 1,129 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    bsms1147 wrote: »
    Interesting how everyone does it a little differently, but for me

    Everything added up at the end of the month
    minus
    Everything added up at the end of the previous month

    In other words, net increase/decrease each month rather than any defined separate savings.

    I think the net increase/decrease is more accurate representation of you overall savings compared to outflow. Gives an idea of what's you overall networth as well. I think this is the method i shall use.

    Save 12K in 2020 # 38 £0/£20,000
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