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"The Save £12k in 2024" challenge

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  • Topscooby
    Topscooby Posts: 101
    100 Posts Third Anniversary Name Dropper Photogenic
    Forumite
    First update of the year but possibly not the only one for the month…could be more to come for January but depends on how good my bonus from work is which I won’t know until the end of the month  ;)

    So, to get things started……

                                                   #18 Topscooby  £1000 January 2024

    All funds being deposited into fixed rate accounts with Nationwide, First Direct, Santander and Gatehouse.

    That gets me going for the year  o:)
    £12k in 2026 #6 ( £9,600 / £12,000 )
    £12k in 2025 #27 ( £12,850 / £12,000 ) Goal surpassed 🙏
    £12k in 2024 #18 (£14,000 / £12,000)…Goal surpassed 🙏
    The 365 Day 1p Challenge 2023 #86 ( Completed at 299.42% )
  • Simobla1
    Simobla1 Posts: 73
    Third Anniversary 10 Posts Name Dropper
    Forumite
    Number 39 with Jan's saving total of £950.  Many thanks!
    Save £12k in 2025
    #36 2025: Target £15k / £18,113
    #39 2024: 
    Target £10k / £13,623 (exceeded)
    #39 2023: Target £3k / £4,415 (exceeded)

    MFW member No.56
    2025 Overpayment Target £4k / £7,620
    2024 Overpayment Target £7k / £7,683 (exceeded)
    2023 Overpayment Target £5k / £9,358 (exceeded)
    Mortgage total May ‘23: £119,202  June '25 £92,751 Sept '25 £87,758 Dec '25 £85,595

    MFiT-T7 #15
    Target £70k
  • #09 geordiejon
    last years challenge opened up regular savers in october which i didn't count towards the year but will be adding to this one.
    so first post will be for £1,800.
  • t2rry
    t2rry Posts: 1,119
    Part of the Furniture 1,000 Posts Name Dropper
    Forumite
    Thanks so much @enthusiasticsaver! 

    My first for Jan due to automatic payments, hopefully not the last:

    #47 T2rry £620 January 2024
    Debt Free I FFEF I Building Savings I 2026 Plan:
    1. 25/26 Pension £3,100/£3,100
    2. Regular Savings £8,490/£6,900
    3. Slush Fund £13,510/£10,000

    Save £12k in 2026 - #17 - £25,100/£20,000 (125%)
  • Doris17
    Doris17 Posts: 1,096
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Forumite
    Hi, 

    #45 £741.31 

    Many thanks.

    "My Life Is About The Journey Not The Destination"



  • Is it too late to join? If not can I be in for £3k please?
  • Hi everyone! I'd like to join as well please.

    Can I please be put down for an ambitious 25k?

    Thanks for organising! 
  • MrFrugalFever
    MrFrugalFever Posts: 1,301
    1,000 Posts Fourth Anniversary Photogenic Name Dropper
    Forumite
    #32 £195 for January, not including aggregate interest from existing savings
    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

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