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The "Save 12k in 2018" Thread!
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I have sent a PM to SF, to offer my help, as I had problems with my update form when I started again in January. I offered to help her with the link so hopefully she will either fix the link or I will offer my help.
Westie983I’m a Forum Ambassador and I support the Forum Team on the Banking & Borrowing, and Reduce Debt & Boost Income boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySaving Expert.Save 12k in 2023 #58 Total (£4500.00) £2500.00/£5000 = 50.00%Sealed Pot Challenge ~17 #24 Total (£55.00) £0.00/£500 = 0.00%Xmas 2023 £1 a Day #13 Total (£85.00) £344.00/£365 = 94.24%Virtual Sealed Pot #1 Total (£500) £550.00/£500 = 110.00%£2 Savers Club 2023 #17 Total (£25.00) £45/£300 = 15.00%The 365 1p Challenge 2023 #7 Total £656.19/£667.95 = 98.23%Total £4095.19/£7332.95 = 55.84%0 -
It can be across everythingadventureofmemories wrote: »Is this only for 1 savings account or can it be across all accounts?
I also have a Help-to-buy isa , saving for wedding and emergency fund. Am I allowed to count all of those during this challenge
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
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slowlyfading wrote: »It can be across everything
I have sent you a PM, reply to see if I can help with the spreadsheet access, if you send me the link in the reply I can see if I can access it, before you post on here.
Westie983I’m a Forum Ambassador and I support the Forum Team on the Banking & Borrowing, and Reduce Debt & Boost Income boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySaving Expert.Save 12k in 2023 #58 Total (£4500.00) £2500.00/£5000 = 50.00%Sealed Pot Challenge ~17 #24 Total (£55.00) £0.00/£500 = 0.00%Xmas 2023 £1 a Day #13 Total (£85.00) £344.00/£365 = 94.24%Virtual Sealed Pot #1 Total (£500) £550.00/£500 = 110.00%£2 Savers Club 2023 #17 Total (£25.00) £45/£300 = 15.00%The 365 1p Challenge 2023 #7 Total £656.19/£667.95 = 98.23%Total £4095.19/£7332.95 = 55.84%0 -
Just done my accounts for the month to date and have got £165.50 so far with interest, cashback sites, save a penny a day and shopping savings!
All my saving accounts get topped up on 28th of each month so I will do a spreadsheet update at the end of the month (and when it is working!)
Grocery Challenge 2019 YTD-£820.46/£7200(11%)
Grocery Challenge Feb - £93.10/£600(16%)
£12k in 2019 #: Monthly Saving Accounts £500, Cashback & Competition Sites £2.59, Shopping Saving £152.09,Selling £121.26, Interest & Dividends £43.93, Surveys £0, 365 Day Penny Challenge # £103.44
Total Saved - £923.31/£12000(8%)0 -
Martinslovechild wrote: »On a slightly different tangent, I'm also very interested to know if any other people here are using a Stocks & Shares ISA as the vehicle for their 2018 savings target - or whether most people are using simple old-fashioned savings accounts / Cash ISAs. I ask because I've been investing in shares for around 18 years and people always seem to be amazed when I tell them this - like I'm some kind of financial expert. It would be nice to see if there are others like myself who prefer to invest than save.
We have a S&S ISA each. I set mine up in 2010 in one fund, direct with Fidelity. I followed them for about two years before "trusting"them with my little pot. It has frown by just over 25% since then, so not spectacular but deliberately a low risk fund.
Our other ISA is a direct invest ISA Platform through Charles Stanley Direct - we bought three funds, a VLS 60 (we are wishing two years of retirement), a Neil Woodford Income Accumulator Fund and a Foreign and Colonial Global fund. Of these, the VLS (which his a tracker) has grown fastest, and the F&C has struggled. The Woodford fund is somewhere in the middle.
I also help my Son with his tiny pot - he has three funds and a couple of FTSE 100 share holdings. I buy these on his behalf so he has a bit invested for his future. As he is in his 20s he has VLS80.
I also have a bond outside an ISA wrapper and some cash for emergencies. Diversification, isn't that the idea?Save £12k in 2025 #2 I am at £4863.32 out of £6000 after May (81.05%)
OS Grocery Challenge in 2025 I am at £1286.68/£3000 or 42.89% of my annual spend so far
I also Reverse Meal Plan on that thread and grow much of our own premium price fruit and veg, joining in on the Grow your own thread
My new diary is here0 -
Small update from me:
this week I added £619.25 to my house deposit pot. That makes it £1363.90 in 2018 and my overall house deposit stands at £4863.90
Really happy with our quick progress but to be honest this week we didn't have any bills coming out- only paid for food and topped up our gas card. Next two weeks there will be a lot of bills (including rent) so it will not be as good.0 -
Update from me - have managed to put £500 away so far. Hopefully I will be able to add another £500 at the end of the month.£2 Savers Club 2018 no 7 - £200 Target :j £74 of £200 so far
£12K in 2018 - £12000 Target :j £203.50 of £12000 so far
£1 a day Xmas 2018 - £400 Target £136.93 of £400 so far :beer:0 -
Martinslovechild wrote: »On a slightly different tangent, I'm also very interested to know if any other people here are using a Stocks & Shares ISA as the vehicle for their 2018 savings target - or whether most people are using simple old-fashioned savings accounts / Cash ISAs. I ask because I've been investing in shares for around 18 years and people always seem to be amazed when I tell them this - like I'm some kind of financial expert. It would be nice to see if there are others like myself who prefer to invest than save.
I put my ‘saved’ money in multiple accounts including: current accounts, regular savers, HtB cash isa, P2P and also stocks & share ISA.
In terms of my saving count, I only include any new contributions to my S&S ISA."If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes” Warren Buffett
Save £12k in 2025 - #024 £1,450 / £15,000 (9%)0 -
I'd like to join please0
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