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How much will you have saved by the end of the year?

ambitiouspanda
ambitiouspanda Posts: 68 Forumite
in Savings & investments
I have just started my new job in the city (August) and quite sad I won't meet my target this year of £9000. If I am disciplined it might reach the £6000 mark. I am saving for a deposit and hope to jump on the London Help to Buy scheme!

Anyway, got me curious .. how much do you think you'll have stashed away?
**2018 G O A L S**
[STRIKE]1) Pay off overdraft[/STRIKE]
2) Pay off credit card by November 2018
3) Begin 2019 debt free and be debt free for the rest of my life!
«13456

Comments

  • Dird
    Dird Posts: 2,703 Forumite
    Eighth Anniversary 1,000 Posts Combo Breaker
    The answer to many is here: https://docs.google.com/spreadsheets/d/13i1sj4B3PnNpa-77U9EEGjWMqLiej9W0LGvvBo7vKIY/edit?usp=sharing

    Prepare to be jealous of boglehead
    Mortgage (Nov 15): £79,950 | Mortgage (May 19): £71,754 | Mortgage (Sep 22): £0
    Cashback sites: £900 | £30k in 2016: £30,300 (101%)
  • ambitiouspanda
    ambitiouspanda Posts: 68 Forumite
    Dird wrote: »
    The answer to many is here: https://docs.google.com/spreadsheets/d/13i1sj4B3PnNpa-77U9EEGjWMqLiej9W0LGvvBo7vKIY/edit?usp=sharing

    Prepare to be jealous of boglehead

    Oh wow, I had no idea this existed! I've requested to join. But, to be fair on myself, I don't think £6000 is too bad for a 23 y/o. :cool:
    **2018 G O A L S**
    [STRIKE]1) Pay off overdraft[/STRIKE]
    2) Pay off credit card by November 2018
    3) Begin 2019 debt free and be debt free for the rest of my life!
  • Dird
    Dird Posts: 2,703 Forumite
    Eighth Anniversary 1,000 Posts Combo Breaker
    ambitiouspanda wrote: »
    But, to be fair on myself, I don't think £6000 is too bad for a 23 y/o. :cool:
    Age is not as relevant as circumstances. There will be 40 year olds saving £6000 where it is comparatively much more impressive
    Mortgage (Nov 15): £79,950 | Mortgage (May 19): £71,754 | Mortgage (Sep 22): £0
    Cashback sites: £900 | £30k in 2016: £30,300 (101%)
  • ambitiouspanda
    ambitiouspanda Posts: 68 Forumite
    Dird wrote: »
    Age is not as relevant as circumstances. There will be 40 year olds saving £6000 where it is comparatively much more impressive
    That is true :) Thanks..
    **2018 G O A L S**
    [STRIKE]1) Pay off overdraft[/STRIKE]
    2) Pay off credit card by November 2018
    3) Begin 2019 debt free and be debt free for the rest of my life!
  • Ray_Singh-Blue
    Ray_Singh-Blue Posts: 518 Forumite
    Ninth Anniversary 500 Posts Name Dropper Combo Breaker
    On that spreadsheet Boglehead (row 84) has saved £124K so far this year

    Hats off!
  • edinburgher
    edinburgher Posts: 14,014 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    -£8,000, have spent £25k renovating a house :rotfl:
  • ambitiouspanda
    ambitiouspanda Posts: 68 Forumite
    Ray_Singh-Blue wrote: »
    On that spreadsheet Boglehead (row 84) has saved £124K so far this year

    Hats off!

    I know right? Must be minted!
    edinburgher wrote: »
    -£8,000, have spent £25k renovating a house :rotfl:

    LOL, investment!
    **2018 G O A L S**
    [STRIKE]1) Pay off overdraft[/STRIKE]
    2) Pay off credit card by November 2018
    3) Begin 2019 debt free and be debt free for the rest of my life!
  • Eco_Miser
    Eco_Miser Posts: 4,902 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Ray_Singh-Blue wrote: »
    On that spreadsheet Boglehead (row 84) has saved £124K so far this year

    Hats off!
    I believe that money is to eventually pay off his mortgage - but meanwhile is invested in something profitable. Stoozing on a grand scale.
    Eco Miser
    Saving money for well over half a century
  • ambitiouspanda
    ambitiouspanda Posts: 68 Forumite
    Eco_Miser wrote: »
    I believe that money is to eventually pay off his mortgage - but meanwhile is invested in something profitable. Stoozing on a grand scale.

    yeah I just noticed.. wow! are you saving too?
    **2018 G O A L S**
    [STRIKE]1) Pay off overdraft[/STRIKE]
    2) Pay off credit card by November 2018
    3) Begin 2019 debt free and be debt free for the rest of my life!
  • bigfreddiel
    bigfreddiel Posts: 4,263 Forumite
    So far only £20k

    If age comes into it, I'm 65, and only work part time, mainly to stop getting bored.

    fj
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