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"The Save £12k in 2024" challenge
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Lomcevak said:Not the 2024 I wanted, and very absent from MSE, but one where I was glad to have savings. Update for the year - apologies, can't see the number on the spreadsheet, but think I signed up.Jan - £4,000Feb - £8,050Mar - £5,289.72Apr - £0May - £0Jun - £300Jul - £0Aug - £0Sep - £0Oct - £0Nov - £1,000Dec - £1,000Total: £19,639.72 - a long shot from my target, but it wasn't the year I had in mind when it started.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/£70001 -
#26
Happy new year 🥳 everyone. My last December update! £100 to make grand total of £1,400 for December. Looking forward to 2025! XMFW 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
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#60 December’s savings £1479.21
Thank you for running this challenge - it really focuses the mind!Signing up for next year1 -
#2 declaring £0 for December
I was technically negative this month, but spending was on a fantastic holiday and final invoices to the electrician and builder so don't want to be too disheartened with a big negative for this month.
Wishing everyone a HNY and look forward to saving with you all through 2025!"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%)1 -
Here is my update and amendments from my last post.Oct £850
Nov £850
Dec £850 plus roundups from the year £300
No 50
Thanks look forward to see the final numbers.Save £12k in 25 No 49
PB Win 21 £225, 22 £275, 23 £900, 24 £750 Balance Dec 25 £32.7K
Plan to move to Denmark for FIRE by Autumn 2025 “May your decisions reflect your hopes not your fears”
New diary aiming for fire https://forums.moneysavingexpert.com/discussion/6414795/mortgage-free-now-aiming-for-fire#latest1 -
Final belated update for me on the 2024 thread. Sorry I’m late with these figures.End of Sept - £1,755
End of Oct - £1,620
End of Nov - £1,755
End of Dec - £1,755
Puts me at £19,331.23 for the year, or 96.6% of my target £20k. Shortfall comes from getting in an additional holiday whilst the kids are young and a slow down of business, but otherwise a broadly successful year.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.uk3 -
Number 13 TinaBallerina reporting £241.58 for October 2024. That brings me to 92% of my target by my calculations. Happy new year to everyone on the thread! Will be back on the 2025 thread to try again.1
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#41 Macsidia declaring £1,505 for December. bit of Christmas overtime in there from work even though I didn't need to any. This means total amount saved in 2024 is £17,500.
Save £12,000 in 2024: £17,500 out of £12,000.Save £12,000 in 2025: £0 out of £12,000.1 -
#58 - Final score for December comes in at £1770.67, thanks to a decent bonus for the year. Target well and truly beaten. Happy days!
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Apologies for the late submission - been away having fun and then waiting for interest on certain savings accounts to appear on 31 Dec
Oct minus £1635.79
Nov minus £2961.11
Dec plus (hurray!) £1252.82
I've joined the 2025 challenge, and as I really should get a job soon, hopefully there will be less minus months in 2025...
Thank you as always for running these, and well done to everyone on their savingsMartin must be proud! (PS watch him on the New Year Taskmaster if you haven't already
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