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"The Save £12k in 2024" challenge

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  • Sandyra
    Sandyra Posts: 291 Forumite
    Tenth Anniversary 100 Posts Name Dropper Cashback Cashier
    #26 here

    Usual early Xmas pay day means I’m reporting £1300 for December. Merry Christmas 🎄 everyone. I may be back before the end of the year to put a few pounds from my ISA interest which I re-invest. So if not, happy new year too.

    In the new year I’m looking to increase my savings as I need a new car and looking to start a family. So I’ll be back. X

    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

  • Hey everyone, well here it is…the final update for 2024! Was unsure if I could sustain this challenge for the whole year but very glad I took it on and succeeded, and more!

    Going to sign up for next year as soon as it becomes available.

                                     #18 Topscooby £2000 for December 2024!  o:) 


    £12k in 2025 #27 ( £7,000 / £12000 ) 🤞
    £12k in 2024 #18 (£14,000 / £12,000)…Goal surpassed 🙏
    The 365 Day 1p Challenge 2023 #86 ( Completed at 299.42% )
  • Gem-gem
    Gem-gem Posts: 4,639 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Good evening everyone. 
    #16 Gem-gem final update for the year.
    £200 saved into a regular saver. 
    £250 saved into PB
    Total of £450
    2025 Fashion on a ration 0/66 coupons
    2025 Frugal challenge
  • jimexbox
    jimexbox Posts: 12,480 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    edited 24 December 2024 at 12:09PM
    #44 final update of 500 quid for December.

    Thank you for the running challenge again. Very satisfying to see how well everyone has done. 

    I'd encourage anyone who didn't participate this year to make the 2025 challenge your new year's resolution. Doesn't matter if your target is £500 or 25k. 
  • #21 updating with £1347.50 for October and £1496.49 for November.
    MFW 2024 £27500/7500 Mortgage £129,500 Jan 22 Final payment June 38 Now £68489.08 FP May 36 Emergency Fund £20,000 100% Added to ISA 24 £8,060 Save 12k in 24 #31 £20,034.76/20,000 Debt Free 31.07.14
  • #34 ReleaseTheStars reporting £310 for December

    Thanks for running the challenge, I've found it very motivating taking part. Well done to everyone involved, I've enjoyed reading everyone's updates!
  • Jellybaby
    Jellybaby Posts: 1,294 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    #7 Jellybaby reporting £400 for December 

    Thanks for running this challenge. It’s creeping up to my first year anniversary since I took early retirement and I’m amazed at what I’ve managed to save. It’s given me lots to think about.
  • KrsyW
    KrsyW Posts: 28 Forumite
    Ninth Anniversary 10 Posts
    And for my final update for the year;

    #59 KrsyW £1,330 for December.

    This was my first year of doing this challenge, and I just wanted to say a big thank you to @enthusiasticsaver and @Suffolk_lass for all of your hard work and efforts in running this and keeping it up to date.

    I haven't worked out what I am doing next year yet - depending on strategy I may be aggressively boosting my pension rather than increasing my savings.  I might sign up with a lower target, but that is a decision over the next few days (while I finish off the Christmas bottles!).

    Signing off in this thread, and as a final word I just wanted to say a big CONGRATULATIONS to all of the savers in here.   Not just those who hit or exceeded their targets, but to everyone in this thread.

    Happy New Year to you all, and I may see you in 2025.
    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
  • #12 reporting £2971 for December. Thanks!
    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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