The "Save 12k in 2016" Thread!

[Deleted User]

Save_Dosh wrote: »

Hi, can I join in please. I have been saving and have £6,200. I am hoping to save £800+ per month. I fell from grace last year, as my circumstances drastically changed. Hope to make it this time. My lucky number is 3 - I think I was that last year - or 33, can't remember which one, if any of them are available it would be lovely. Thanks.

Apologies for putting this again, just thought it might get overlooked, as there have been loads of posts since. Looks like everyone is doing really well. I will probably only update at the end of the month. Thanks. xx

Dragon_Lily

Nice start to April with £70 earned from some hand knitted accessories at my local gift shop. I banked £50 and spent £20 on a lovely afternoon tea with my hubby

ArmyDilllo

Just put £15,240.00 into a Shares ISA and £2,880.00 in a SIPP (£3,600 after that nice Mr. Osbourne gave me his gratuity).
I make that a total saving so far of £18,840.00.

If anyone's interested in how I invested my Shares ISA, I split my year's allowance five ways, pretty much equally.
I felt that I needed to diversify this year's allowance more than I have done previously.
I decided to be a lot more adventurous with it than I have been, based on my feelings of how things might go this year.

£6k in shares:-
£3k in B.P.
£3k in Royal Dutch Shell

9k in funds:-
£3k in Artemis Global Emerging Markets
£3k in Invesco Perpetual UK Growth, and
£3k in Stewart Investors Asia Pacific Leaders.

Hope this isn't considered advertising.
Wasn't my intention, just passive information.

I was disappointed to realise that the £20k ISA allowance doesn't happen until the next tax year.
Thought he meant 2016/17, when he said "next year" in his March'16 budget.
(DEMMIT!)

I started a business eighteen months ago and after a year of enforced poverty, have just started to take income (since January).
Am hoping this will allow me to make more use of my pension allowance later in the year.
I am reckoning on retiring in Feb'20 (at age 60), so my 25%+25% becomes more valuable the closer I get to the big day.

slowlyfading

Save_Dosh wrote: »

Apologies for putting this again, just thought it might get overlooked, as there have been loads of posts since. Looks like everyone is doing really well. I will probably only update at the end of the month. Thanks. xx

Sorry! I have added up now - your challenger number is 176

slowlyfading

Buffythedebtslayer wrote: »

I haven't updated in a while but thanks to a PPI pay out and an insurance pay out my ISA now stands at 7000 pounds.

I appreciate it isn't saving as such but I could have bought a more expensive car or a holiday and I didn't, so to me it is savings.

if it is against the rules I can pull out.

XX

Not against the rules at all - you've saved it!

slowlyfading

Apologies for the delay folks - spreadsheet updated!

Westie983

slowlyfading wrote: »

Apologies for the delay folks - spreadsheet updated!

No problem, It takes time to update, I appreciate the support and time you give to this thread.

;-)

brizzledfw

Thanks SF - spreaddie looking brilliant

darkidoe

ArmyDilllo wrote: »

£6k in shares:-
£3k in B.P.
£3k in Royal Dutch Shell

9k in funds:-
£3k in Artemis Global Emerging Markets
£3k in Invesco Perpetual UK Growth, and
£3k in Stewart Investors Asia Pacific Leaders.

.

Interesting looking portfolio that. I can see it either it going horribly well or horribly wrong.

Aliliva

slowlyfading wrote: »

Apologies for the delay folks - spreadsheet updated!

Thank you for updating! :T

I'm not sure about my total savings amount since the beginning of the year: my spreadsheet is working funny lately and I'm sure the formula I'm using is overcomplicated and substantially wrong! At the moment is showing £1500 as a total from January to March, instead of the $!250 that was showing a couple of days ago :doh:
he problem is that if i just consider income-expenses I don't take into account the annual pots for shopping, holidays and extras, overestimating the savings (I haven't booked all of my holidays yet and my shopping has been very very limited so far).