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"The Save £12k in 2024" challenge

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  • After a couple of years of absence, I'd like to return to the fold please. Put me down for £3k please, which must be on top of my normal mortgage and loan repayments. 
    Save £12k in 2025 #33 £2531.77/£5000 (If this carries on I might have to up my target!)
    April take lunch to work goal - 3 of 12
  • James240
    James240 Posts: 16,391 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Hiya could you put me down for £10k please
    Savings Total so far for 2023: £8,062.58
  • Hi, please put me down for £12k
  • Thanks for setting up a new thread for 2024 @enthusiasticsaver and @Suffolk_lass. Please sign me up for £20k which will be more than I’ve saved before but will give me something lofty to aim for!

    Something I’ve been pondering - I work in software engineering and could potentially make this reporting process much more self sufficient if it would help? I kept meaning to message @slowlyfading to offer my support as I bet the original process was quite a time hog! Please do message me if it would be any help.
    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.uk
  • Hi, first time doing this. Can you put me down for 12k please. 
  • Hi can you pop me in for 12k again please? I was well on target last year until july/Aug where we decided to get rid of our lease cars and use our savings to buy cars outright. This pretty much depleted all of our 2023 savings and we haven't been good at saving since so can't wait to get back on track!
    Debt Free as of December 2020 👏

    Save 12k in 2025 #6 - £300 / £3000

    MFW - 19 months shaved off the mortgage
  • george4064
    george4064 Posts: 2,926 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 28 December 2023 at 4:26PM
    steves_uk said:
    Thanks for setting up a new thread for 2024 @enthusiasticsaver and @Suffolk_lass. Please sign me up for £20k which will be more than I’ve saved before but will give me something lofty to aim for!

    Something I’ve been pondering - I work in software engineering and could potentially make this reporting process much more self sufficient if it would help? I kept meaning to message @slowlyfading to offer my support as I bet the original process was quite a time hog! Please do message me if it would be any help.
    I think some automation could be applied here to make things easier. Something like;

    1. People enter their username, challenger number, which month and the amount saved in a Google form.
    2. That info gets dumped in a non-editable and/or hidden tab
    3. Another sheet contains a list of all the people and uses a VLookup formula (or something similar) to grab the respective monthly saved amounts from the data in the hidden tab.

    Manual updates can still be made, but that would make updates automatic 99% of the time :)
    "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%)
  • steves_uk said:
    Thanks for setting up a new thread for 2024 @enthusiasticsaver and @Suffolk_lass. Please sign me up for £20k which will be more than I’ve saved before but will give me something lofty to aim for!

    Something I’ve been pondering - I work in software engineering and could potentially make this reporting process much more self sufficient if it would help? I kept meaning to message @slowlyfading to offer my support as I bet the original process was quite a time hog! Please do message me if it would be any help.
    I think some automation could be applied here to make things easier. Something like;

    1. People enter their username, challenger number, which month and the amount saved in a Google form.
    2. That info gets dumped in a non-editable and/or hidden tab
    3. Another sheet contains a list of all the people and uses a VLookup formula (or something similar) to grab the respective monthly saved amounts from the data in the hidden tab.

    Manual updates can still be made, but that would make updates automatic 99% of the time :)
    That sounds quite complicated to set up and beyond my capabilities I am afraid without some serious reading up of how to use Lookup etc. When SL and I took it over last year we just read the thread and edited manually and with two of us I didn’t find it too time consuming as I have two monitors so the thread on one and spreadsheet on the other. It also means we read and comment on the thread which may not be the case if totally automated. 
    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/£7000
  • Slowfading had a google sheets doc for this years, is there one for 2024?

    #32 - £5,000 for 2024 for me please, some big expense next year so £12k is going to be out of the question :(
    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 - Stoozing

  • Slowfading had a google sheets doc for this years, is there one for 2024?

    #32 - £5,000 for 2024 for me please, some big expense next year so £12k is going to be out of the question :(
    The link is on page 1.

    I have had a number of people requesting sharing rights to the sheet which I am refusing. People  can use the link on page one to view the sheet. The only editors will be myself and Suffolk Lass. 
    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/£7000
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