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"The Save £12k in 2024" challenge

enthusiasticsaver
Posts: 16,004 Ambassador


This is the new Challenge thread for savers in 2024.
The challenge starts on 1 January 2024 and finishes on 31 December 2024.
Please report monthly and I will record totals on a spreadsheet. Link below.
https://docs.google.com/spreadsheets/d/1-frtVz3nhAXAKlcjM5zqNyiLfSopVsc_tPK9Y_r7jPM/edit?usp=sharing
You can save £12k or any other amount you decide to set as a target.
Please post on this thread if you want to join in next year with your target amount and each month from January put up your user name, challenger number and amount saved. I will post a list of names and numbers at the beginning of 2024.
Feel free to make other comments like how you are saving and if you are saving for anything in particular.
The challenge starts on 1 January 2024 and finishes on 31 December 2024.
Please report monthly and I will record totals on a spreadsheet. Link below.
https://docs.google.com/spreadsheets/d/1-frtVz3nhAXAKlcjM5zqNyiLfSopVsc_tPK9Y_r7jPM/edit?usp=sharing
You can save £12k or any other amount you decide to set as a target.
Please post on this thread if you want to join in next year with your target amount and each month from January put up your user name, challenger number and amount saved. I will post a list of names and numbers at the beginning of 2024.
Feel free to make other comments like how you are saving and if you are saving for anything in particular.
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/£72.60
Save £12k in 2025 #1 £12000/£4000
The 365 Day 1p Challenge 2025 #1 £667.95/£72.60
Save £12k in 2025 #1 £12000/£4000
7
Comments
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Please can you put me down for £20k in 2024?
Thank you to @enthusiasticsaver and @Suffolk_lass with both your hardwork in running this challenge."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%)4 -
Can you put me down for 12K please?
4 -
Hello! I've been lurking in the 2023 thread, waiting for the 2024 one to start
12K is a bit of a stretch for me (we're also trying to overpay our mortgage) so my goal will be a little more achievable £1200 please!
Debt Free as of 17/01/2009 Turtle Power!!
EF Challenger #3 £1543.72 / £5000
MFW 2024 #100 £1300.00 / £10,000
MFiT #40 Jan 2025 Target - £99,999.00
Mortgage at 30/09/22 £113,694.11 | Mortgage at 24/01/23 £110,707.87
Mortgage at 21/04/23 £107,701.01 | Mortgage at 20/07/23 £106,979.65
Mortgage at 04/10/23 £106,253.77 | Mortgage at 10/01/24 £105,324.57
Mortgage at 01/04/24 £104,424.73 | Mortgage at 01/10/24 £103,594.985 -
Is this rainy day savings or can you include pots for specific aims?3
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Morning, would love to join in again. Retiring in the Spring so am going to guestimate and go for £5,000 - fantastic if I manage that and even better if it's over!
Thanks so much for running this challenge @enthusiasticsaver and @Suffolk_lass3 -
Thank you @enthusiasticsaver and @Suffolk_lass for running the new thread.
Please put me down for £40k in 2024
I'm looking forward to getting started again2 -
Thank you @enthusiasticsaver and @Suffolk_lass for setting up this new thread...been looking forward to joining this for 2024Could you count me in with a target of £12K please?Cheers,Andy£12k in 2025 #27 ( £4000 / £12000 ) 🤞
£12k in 2024 #18 (£14,000 / £12,000)…Goal surpassed 🙏
The 365 Day 1p Challenge 2023 #86 ( Completed at 299.42% )2 -
jimexbox said:Is this rainy day savings or can you include pots for specific aims?
Personally I only do rainy day/long term savings as the pots tend to get spent during the year.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/£72.60
Save £12k in 2025 #1 £12000/£40002 -
enthusiasticsaver said:jimexbox said:Is this rainy day savings or can you include pots for specific aims?
Personally I only do rainy day/long term savings as the pots tend to get spent during the year.3 -
would like to join and make 12,000.
many thanks2
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