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"The Save £12k in 2024" challenge

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  • #32 reporting in for SEPT = £668.95
    and 
    OCT = £1,000 

    Total = £6032.07 vs target of £5,000. 

    I am very pleased with this as I went in to this year knowing I had some very large expenses. I should be near on £7,000 by end of December which i'm super chuffed with.
    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

  • Suffolk_lass
    Suffolk_lass Posts: 10,269 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    #32 reporting in for SEPT = £668.95
    and 
    OCT = £1,000 

    Total = £6032.07 vs target of £5,000. 

    I am very pleased with this as I went in to this year knowing I had some very large expenses. I should be near on £7,000 by end of December which i'm super chuffed with.
    Oh well done @MrFrugalFever. I don't increase my target if I exceed it in the year, as, for me, it always feels as though I am making up for those that have to stop saving or forget they have joined the challenge, against our collective target (£644k this year)
    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
  • #32 reporting in for SEPT = £668.95
    and 
    OCT = £1,000 

    Total = £6032.07 vs target of £5,000. 

    I am very pleased with this as I went in to this year knowing I had some very large expenses. I should be near on £7,000 by end of December which i'm super chuffed with.
    Oh well done @MrFrugalFever. I don't increase my target if I exceed it in the year, as, for me, it always feels as though I am making up for those that have to stop saving or forget they have joined the challenge, against our collective target (£644k this year)
    Thanks :) I agree. I was playing it safe this year due to having in excess of £15,000+ worth of planned expenses so really quite pleased. I have, however, had to play the credit card juggle game throughout the year to ensure I do not pay any interest or bear any significant balance!

    Its really encouraging looking at the spreadsheet to see so many people doing so well! I'm looking forward to next years challenge which I will be setting at the £12k again. 
    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

  • $17mma
    $17mma Posts: 2,623 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    $17mma said:
    Hello @enthusiasticsaver

    May I join for 2025 please?

    Thank you
    Hi @$17mma - it's a bit early for 2025. The best thing is to check the pennant symbol, top right, and that will add this thread to your bookmarked threads (link to that can be found to the right had side of this screen or under quick links if you are a phone user) - we will say in a post here before the end of December when we are opening up the bright, shiny, new 2025 thread and have set up the spreadsheet to track for everyone. I hope that helps.
    SL
    Many thanks, yes booked marked and saved, wanted to register my interest but will circle back in December  :)
    MFWB
    Mortgage when started: £232,000
    Current mortgage Sept 2024: £232,000
    Mortgage free day: Sept 2029

    Saving: £12k 2025
  • KrsyW
    KrsyW Posts: 28 Forumite
    Ninth Anniversary 10 Posts
    Reporting in for my October update, as I am off work next week and am going to be busy having fun (and probably spending money!). 
    I have also manged to take more of a balanced approach this month, and spent some money from a different pot on a few things - I have been thinking about buying a digital piano for a while now and pulled the trigger this month.  Double pleased with myself as I bought it from a local independent music shop rather than the usual online giant! 

    #59 KrsyW £1,330 for October
    Emergency Fund: £15,000/£15,000     Mortgage Overpayment Fund: £36,000/£72,000

    Mortgage:     
    Current End: Nov 47      Target End: Apr 34     Current End Inc Overpayment Fund: Sept 43
  • Sandyra
    Sandyra Posts: 291 Forumite
    Tenth Anniversary 100 Posts Name Dropper Cashback Cashier
    Sandyra said:
    #26 back again.

    Another £200 added for September please. Thank you enthusiasticsaver for managing. 
    Sorry @enthusiasticsaver and @Suffolk_lass it should be £1300 for September. Thank you 

    MFW 2025 #32 £4,006.43/£3,000; MFW 2024 #32 £4,217.84/£3,000; MFW 2023 #32 £5,238.84/£4,000; MFW 2022 #32 £8,246.43/£8,000; MFW 2021 #32 £8,982.73/£8,000; MFW 2020 #32 £12,000/£6,000

    Save £12k in 2025 #48 £9,600/£14,000; Save £12k in 2024 #26 £13,055.37/£6,000; Save £12k in 2023 #31 £11,500/£6,000; Save £12k in 2022 #32 £7,180.24/£7,000; Save £12k in 2021 #32 £9,500/£8,000; Save £12k in 2020 #147 £9,370/£8,000

  • #34 ReleaseTheStars £460 for October
    Thank you
  • Jellybaby
    Jellybaby Posts: 1,294 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    #7 Jellybaby  £750 for October

    Thanks @enthusiasticsaver and @Suffolk_lass
  • Karrlas
    Karrlas Posts: 19 Forumite
    Part of the Furniture 10 Posts Photogenic Combo Breaker
    edited 29 October 2024 at 9:42AM
    #58 £889.24 to add for October. :)

    Ooops :#
    Just noticed I missed posting for August's update which was to add £926.07 thx.
  • #12 reporting £6596 for October (Isa Interest became payable)
    GOAL:- £400k in Savings by March 2026 SAVINGS: – £382,327 COMPLETE GOALS - Debt Free, Mortgage Free, £350k Savings Save 12k in 2025 #41 = £15,849 / £25,000
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