The "Save 12k in 2016" Thread!

george4064

george4064 wrote: »

March's pay packet now received, with my bonus. Unfortunately it was taxed incorrectly at the higher rate, so Ill need to get in touch with HMRC and will be due a tax rebate. Fortunately I had enough 'cushion' that it didn't affect me much, but will be a nice little boost at some point in the next few months when I get paid the tax I've overpaid.

So that now gives my total figure for March at £2,700 (as below)

£200 - HTB ISA
£500 - Nationwide Regular Saver
£2,000 - S&S ISA (split 50/50 topping up existing holdings: Edinburgh IT and Pacific Assets Trust)

Much lower figure this month unfortunately, I spent a weekend away with friends in Holland last week which pretty much wiped out my usual £500 to Nationwide RS. Therefore its only the £200 HTB ISA saved this month.

My TSB Classic current account balance is much healther (nearer £2,000) so I should be back to usual next month.

I start a new Sharesave plan next month, much better option price than the last one (which I cancelled after a year). I'm planning on sticking to this plan, but will reduce my take home pay by about £222 a month.

Total figure for April:

£200 - HTB ISA (The actually figure is bit higher if I included my TSB classic account).

Westie983

george4064 wrote: »

Much lower figure this month unfortunately, I spent a weekend away with friends in Holland last week which pretty much wiped out my usual £500 to Nationwide RS. Therefore its only the £200 HTB ISA saved this month.

My TSB Classic current account balance is much healther (nearer £2,000) so I should be back to usual next month.

I start a new Sharesave plan next month, much better option price than the last one (which I cancelled after a year). I'm planning on sticking to this plan, but will reduce my take home pay by about £222 a month.

Total figure for April:

£200 - HTB ISA (The actually figure is bit higher if I included my TSB classic account).

Why did you cancel your last share save? I have an option for my company one coming up and am in two minds about it...

There_Is_a_Light

Reporting for April, steady away for me last month.

£1320.67 Total to date £6475.07

Update sent and signature changed

Dird

lisa110rry wrote: »

and receive a small lump sum and small monthly payment for the five years I worked at the Uni

You lasted 5 years :-o I'm counting down the days until 2 years work before looking elsewhere so I can keep the pension

Kreacher

My usual £500 for this month: £200htb and £300 regular saver. Was hoping for more but booked a weekend away in June instead

Suffolk_lass

I've just updated for April. I am always among the later updaters because I get paid on the last working day of the month and then shift the remaining balance from the current account to the savings account and add it on to the regular saver. We also got a little bit braver and moved some super-safe BS cash-based savings to a S&S ISA. Not much but hopefully to improve my project learn about investing by trying some things.

Well done everyone, it looks good!
SL

chris9393

I can't believe how poor I am doing this year

£550 declared for April -> £1550 saved year to date.

savings_my_hobby

£1110 total for April. 40.8% for the year so far.

Managed to get the car through it's MOT too, I just need to start saving for my car insurance due end of may.

I shall have to do some overtime if I want to be able to save a decent amount this coming month.

george4064

Westie983 wrote: »

Why did you cancel your last share save? I have an option for my company one coming up and am in two minds about it...

Share price fell so much, that it was worth cancelling the original sharesave (thus losing a year) and starting a new one at a much lower option price.

benbenandme

End of month banking done and I'm declaring £957 for April (#116), off to update the spreadsheet - good luck in May everyone