The "Save £12k in 2023" Thread!

kev2009

@george4064 Congrats!

Kev

nat21luv

Just opened the Barclays 4% ISA and shoved £20k in. The rest of my deposit is sat in Marcus until the new financial year. Somehow, I earned less interest in my Marcus account this month than last, despite adding money and adding a bonus interest rate. Go figure.

george4064

nat21luv said:

Just opened the Barclays 4% ISA and shoved £20k in. The rest of my deposit is sat in Marcus until the new financial year. Somehow, I earned less interest in my Marcus account this month than last, despite adding money and adding a bonus interest rate. Go figure.

February is the shortest month, as interest is accrued daily savers typically receive least amount of interest following the month of February.

nat21luv

george4064 said:

nat21luv said:

Just opened the Barclays 4% ISA and shoved £20k in. The rest of my deposit is sat in Marcus until the new financial year. Somehow, I earned less interest in my Marcus account this month than last, despite adding money and adding a bonus interest rate. Go figure.

February is the shortest month, as interest is accrued daily savers typically receive least amount of interest following the month of February.

Oh duh, of course! I'm still thinking we're in January...2022.

SuperLooperSaver

SuperLooperSaver said:

So sorry I've not been updating for a few months.  My two year old takes up most of my time!  I'd like to take part again this year please Slowly Fading.  Thank you so much for running the challenge.  Will think about my total and submit my missing updates for the past few months.

Following a decrease in savings due to having a baby, I'm pleased to be able to report that as of the end of December 2022, I've built my savings up to higher than they were. 

I've submitted forms for January (£261.10) and February (£500.51) and set my target at £2,500.  I don't have a number yet.  Thank you SF, as ever.

[Deleted User]

nat21luv said:

I had a good read through the thread and its great to see some old names still hanging around, in particular @Lomcevak @[Deleted User] and on another savings thread, @tara747 who had over £100k saved away for a house a few years back. Im in awe of you all and I'd like to think I'm following your lead.

Hi @nat21luv, thank you for the feedback  .  Best of luck with your savings this year.  Before I discovered MSE I was clueless about money and had multiple loans and credit cards.  It's thanks to others on this site who helped me get a clue, get out of debt and in a position to save so I am delighted to pass on the baton to another MSE'er.  I love the community we have on this thread.  

kev2009

Hi,

#003 declaring £500 for March.

I have submitted the form also.

Thanks

Kev

Van_Girl

Hi everyone, hope you're all getting a little bit of better weather - it's beautiful and sunny here atm. although rain expected this evening!

Declaring £1297.62 for this month, #14. Will add to the form shortly. 

  

CreditCardJunkie

#35 reporting in with £1400 for March 🥳

We are debating a summer holiday but will see how things go.

Lomcevak

#18 reporting in with £2,500 for February and £15,594.33 for March. Trying to get back up to date with savings accounts etc. too, with rates near zero I largely gave up paying attention but feels like it's time to catch up again.

Also managed to pay off my Son's student loans this month, nice to think he won't have to deal with all that any more