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The "Save £12k in 2023" Thread!
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Pinkdaisy88 said:@Suffolk_lass yes that must be me, how do I update the Google document. Sorry I feel so stupid.
@Princessrosie1 posting your annual target here is fine. Welcome! Once you are added to the "totals so far" sheet on page 1, make a note of your number in your signature and then many of us update our totals there as well as by submitting the update form that will appear on Page 1 in due course.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 here3 -
Good morning savers.
Today is pension day so I have done the money shuffle and done my transfers for the savings challenges I am doing.. I am not reporting for February in full yet though as I may add to it later in the month but for now I transferred £1100 over to our internet saver and £300 to the regular saver.
No sign of the update form yet so I will keep checking. Hope you are ok @slowlyfading. Let me know if I can do anything to help.I’m a Forum Ambassador and I support the Forum Team on the Debt free Wannabe, Budgeting and Banking and Savings and Investment 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 MoneySavingExpert.
The 365 Day 1p Challenge 2025 #1 £667.95/£162.90
Save £12k in 2025 #1 £12000/£70004 -
#49 reporting in as I got paid yesterday. Managed to save £950.78Savings Total so far for 2023: £8,062.582
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When I click on the link for the excel sheet it isn’t updated and there’s no link for the update?If you believe you can, you will. If you believe you can't, you won't.
Secured/Unsecured loans x 1
Credit Cards x 8 (total limit £55,050)
Creation FS Retail Account x 1
Creation Credit Sale 0% x 1 = £112.50pm x 20 mths
0% Overdraft x 1 (£0 / £250)
Mortgage Outstanding - £137,707.00 (Payment 13/360)
Total Debt = £7,400 (0%APR) @ £100pm - Stoozing3 -
#23 January update: £814.77. Off to a good start!
#13 Make 2023 in 2023 - £2085.20/£2023#23 Save £8k in 2023 - £6642.66/£80000 -
#34 with £1561.84 for January
MFW 2024 £27500/7500 Mortgage £129,500 Jan 22 Final payment June 38 Now £68489.08 FP May 36 Emergency Fund £20,000 100% Added to ISA 24 £8,060 Save 12k in 24 #31 £20,034.76/20,000 Debt Free 31.07.142 -
MrFrugalFever said:When I click on the link for the excel sheet it isn’t updated and there’s no link for the update?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 here3 -
Thanks again @Suffolk_lass I think I’ve got it now.3
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#47 just the £250 this month for me. Hoping for some big ones over the next few months.Mortgage Start - £188,714 | Overpayments Made - £02
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#51 checking in with £2,000 for January. I'm doing things a bit different this year, reporting at the end of the month rather than the start, to see whether it changes my approach. My thinking is I'll still pay myself on payday, but reporting at the end of the month might motivate me to put more away during the month if that makes sense!
Breakdown is as follows:
DD JISA - £50
DS JISA - £50
Sharesave Scheme - £156
Sharematch Scheme - £30
S&S ISA - £1,214
SIPP - £500
My SIPP is new for this month/year, and is in readiness for moving a chunk of savings from my S&S ISA into my SIPP, to take advantage of the tax benefits this bringsI'm not sure whether I should count the immediate tax refund that gets credited to the account + any refund from HMRC towards my savings total here?!
January total - £2,000
2023 total - £2,000/£15k (13.33%)
Save £12k in 2023 #51 - £20,411.96/£15k (136.08%)
Save £12k in 2024 #24 - £19,331.23/£20k (96.66%)
Save £12k in 2025 #53 - £12,395/£20k (39%)
I built a new salary tool to help explain deductions and tax brackets. Try it here: salarytools.co.uk3
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