📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

The "Save £12k in 2023" Thread!

Options
1293032343547

Comments

  • Macsidia said:
    What do you get if you win the challenge?
    We are all winners here  :)o:);)
    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/£301.35
    Save £12k in 2025 #1 £12000/£8000
  • #7 declaring £4,907.51 for February.

    Bonus was paid this month which was the main contributing factor, also recently got engaged with my girlfriend so now have a wedding to plan and budget for. Finally, also landed a new job which means (hopefully) more interesting work, decent pay rise and more opportunities in general! :)

    Deployed some new money to my S&S ISA early in March, but need to keep a relatively high cash balance to account for future expenses mentioned above (plus renovations on the horizon).

    Happy saving all!

    #7 declaring £356.58 for March.

    Wedding costs are starting to take a dent in the savings and have a honeymoon to sort as well! S&S ISA contributions will almost certainly be zero for the foreseeable future, at least the pension conts will keep ticking along in the background. :)
    Here's my April to July's updates - massive thanks to Suffolk_lass and enthusiasticsaver for picking this up!

    New job started in June which has been going well so far. Decided to up my pension contributions when sorting out the new one, so that combined with new salary means a sizeable extra amount going in the pension each month.

    April - £1,679
    May - £1,866
    June - £2,093
    July - £668

    August update will follow in the next few days.
    #7 declaring £1,522 for August.
    Wow, you are so close to your target.  99.99% with just £1.91 to your £15k target.  Well done. 
    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/£301.35
    Save £12k in 2025 #1 £12000/£8000
  • It is pension payday for me so I have shuffled £800 over to my savings accounts for September making a total of £11400.  #8

    Spreadsheet updated up to here @Suffolk_lass.  Hope you are doing ok @slowlyfading

    Lots of big numbers here and hopefully I will meet my target in October.  I will keep going though. Have a nice day everyone. 
    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/£301.35
    Save £12k in 2025 #1 £12000/£8000
  • £861.72 for number 4 for August.

    For me this is low, I do not know where the money went - the danger of dribs and drabs!
    Start mortgage date: August 2022; Start mortgage amount: £240,999; Original mortgage free date: August 2056
    Current mortgage amount: £226,957.97
    Start student loan 2012: £29,750; current student loan: CLEARED July 2025
  • george4064
    george4064 Posts: 2,928 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    #7 declaring £4,907.51 for February.

    Bonus was paid this month which was the main contributing factor, also recently got engaged with my girlfriend so now have a wedding to plan and budget for. Finally, also landed a new job which means (hopefully) more interesting work, decent pay rise and more opportunities in general! :)

    Deployed some new money to my S&S ISA early in March, but need to keep a relatively high cash balance to account for future expenses mentioned above (plus renovations on the horizon).

    Happy saving all!

    #7 declaring £356.58 for March.

    Wedding costs are starting to take a dent in the savings and have a honeymoon to sort as well! S&S ISA contributions will almost certainly be zero for the foreseeable future, at least the pension conts will keep ticking along in the background. :)
    Here's my April to July's updates - massive thanks to Suffolk_lass and enthusiasticsaver for picking this up!

    New job started in June which has been going well so far. Decided to up my pension contributions when sorting out the new one, so that combined with new salary means a sizeable extra amount going in the pension each month.

    April - £1,679
    May - £1,866
    June - £2,093
    July - £668

    August update will follow in the next few days.
    #7 declaring £1,522 for August.
    Wow, you are so close to your target.  99.99% with just £1.91 to your £15k target.  Well done. 
    Thank you! I’m also getting married later this year so been cutting down on holidays (but honeymoon soon!) and saving up for the future expected costs, I expect some lower numbers for the rest of this year and into next as we make the final payments etc.
    "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%)
  • Seen that you've created a new spreadsheet and I was only submitting via the form so here are my savings if you could update thank you!

    #47 - Owen1991

    Feb - £1150
    Mar - £1400
    Apr - £1900
    May - £500
    Jun - -£1000 (Expensive month)
    Jul - £1000
    Aug - £800
    Mortgage Start - £188,714 | Overpayments Made - £0
  • James240
    James240 Posts: 16,391 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Well I can save £402 this month.............If the car makes it through the MOT without any problems!  Wont add to figure just yet as MOT is on the 14th! lol
    Savings Total so far for 2023: £8,062.58
  • Suffolk_lass
    Suffolk_lass Posts: 10,291 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    £436.70 for me in August

    Spreadsheet already updated (thanks @enthusiasticsaver) so just added mine.
    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 here
  • kev2009
    kev2009 Posts: 1,108 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Hi,

    #003 declaring £500 for September.

    I have submitted the form also.

    Thanks

    Kev
  • Thank you enthusiasticsaver and Suffolk_lass for updating the spreadsheet.  I hope you are OK SlowlyFading.

    Number 60 here.  Updating for March-August.

    March - £408.84
    April - £1099.33 (includes interest on savings)
    May - £382.30
    June - £173.32
    July - £286.17
    August -  -£801.09 (some unexpected costs and a holiday)

    Target is £2,500, so about £200 to go to reach it.  Got some more holidays coming up, and Christmas of course, but hoping to reach my target.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.1K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.