The "Save 12k in 2017" Thread!

Jo_Blogs

Garfield1987 wrote: »

Hi Everyone,
I got paid yesterday and it was also my 30th birthday and I am so happy that yesterday I am now debt-free! I just paid off my last bill so in total I have paid off £6k since October so now money I am putting aside is actual savings for a house deposit!
Sorry to boast on here, but I don't think anyone I know thinks that debt-free is that important!
Thanks everyone

:j:j:j:j:j:j

That's fantastic :beer: - Well done :T:T

Wilkos

#88 declaring £750 for February (form already completed).


Hoping to save more in March!

hugger

Just completed my form for February. Chuffed to declare £397.97! Two months in and still well on track to hit my target!

Well done everyone!

RichyRich

My method is to calculate my total balance across all music accounts and deduct my starting balance. That's my year-to-date figure. I use 'contributions' as opposed to 'balance' for my nutmeg account because of the potential for value changes in the underlying funds, and I don't count my current account.

RichyRich

Excuse the typo. MY accounts, not music accounts!

Clare43

No 89 here. £1845.65 saved this month A good first two months - hopefully it'll continue

Twiggy_34

giggleyay wrote: »

Do you guys track all saving in this challenge?

I know it's kind of a personal choice thing but I'm not sure what to do about my Rainy Day Funds. :huh:

What do you lovely lot do?

Hi ya, I have a RDF as well but don't count it (even though it's built up to in excess of £3k over the last few years and I've saved more than I've spent). I'm building it up with a view to upgrading my car once it gets to a big enough figure and I work out what I want, but it's also there for unexpected expenses and hopefully a nice holiday or two, whereas the long term savings will (hopefully) continue to go up indefinitely with a view to using it for something more significant such as our next house move, sometime in the next decade.

There are no hard and fast rules regarding how long, long-term savings are for this thread. If you're confident that you won't be spending out of your RDF this year, then count it. If there's a chance you will be spending out of it then I would say don't count it, otherwise there's the possibility of having to post a negative figure, especially if the expense is a big one.

kev2009

Hi all,

#082 declaring £500 for Feb, apologies for the delay!

Form submitted also.

Thanks!

Kev

kev2009

I only count money I pay into that specific savings account. I don't count interested earned on any accounts, I purely take it from money I can save from my wages.

My personal view is if you have a large isa and your getting i dunno 3k in interest, to me that isn't money "your" saving, it's money you have made by leaving money in an account but i know everyone looks at it differently so its basically your personal choice, for me i wanted to do this from what i can save for my wages no a combination of savings, interest, dividends etc.

Kev

darkidoe

Reporting for the month of February: £1427.33. Hopefully things will look up for the rest of the year... Loads of unexpected work related expenses that would hopefully provide a return in the future. I have claimed tax relief for work related expenses for this tax year so hopefully I will get a refund next pay day.

Trying out Matched Betting in my free time to try boost that savings pot!! Wish me luck!