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The Save £12k in 2025 challenge

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  • enthusiasticsaver
    enthusiasticsaver Posts: 16,053 Ambassador
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    The interest went into our savings account today so I have rounded it up and saved an additional £1500 for March. 50% of the way to our annual target. 
    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
  • Thriftymissus
    Thriftymissus Posts: 269 Forumite
    100 Posts Photogenic Name Dropper
    edited 26 March at 9:59PM
    #46 ThriftyMissus £972 to add for March.

    Overall account totals added up approaching the end of the month after all savings and direct debits/standing orders. Also included money paid into pension. Working hard to head in the right direction while also reducing debt. Thank you for running this thread. 
  • Simobla1
    Simobla1 Posts: 61 Forumite
    Second Anniversary 10 Posts Name Dropper
    edited 27 March at 11:56AM
    Morning - #36 with a a sum of £2,100 to allocate to April please.

    many thanks
    S
    Save £12k in 2025
    #36 2025: Target £15k / £8,435
    #39 2024: 
    Target £10k / £13,623 (exceeded)
    #39 2023: Target £3k / £4,415 (exceeded)

    MFW member No.56
    2025 Overpayment Target £4k / £2,216
    2024 Overpayment Target £7k / £7,683 (exceeded)
    2023 Overpayment Target £5k £9,358 (exceeded)
    Mortgage total May ‘23: £119,202. Jan ‘25: £96,098.  Current June '25 £92,751
    Pay-off: 1st April ‘341st Sept ‘33, 1st May '33, 1st April '33, 1st March '33, 1st Aug '32, 1st  Sept '31

    MFiT-T7 #15
    Target £70k
  • geordiejon
    geordiejon Posts: 256 Forumite
    100 Posts Second Anniversary Name Dropper
    #09 geordiejon april savings £1,100
  • Jellybaby
    Jellybaby Posts: 1,289 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    #26 Jellybaby reporting £600 for March


  • Not quite where I wanted to be but up to 1200 total. I can’t remember my number!
    Emergency Fund: 1000/2000
    April Grocery Challenge: 150/550 
    S&S ISA: £244
    Save 12k in 2025: #10 1200/10000
    100 steps challenge.. to be where you want to be in 2025:
    EF 60/100 (1 step= £20)
    holiday 0/100 (1 step= £30)
    savings 0/100 (1 step= £50)

    2025 diary: https://forums.moneysavingexpert.com/discussion/6576803/a-fresh-start-a-year-of-growth-and-balance/p1?new=1
  • KrsyW
    KrsyW Posts: 28 Forumite
    Ninth Anniversary 10 Posts
    Bit of a bumper month this month, with various accounts maturing.

    #59 KrsyW - £2,405.03 for March
    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
  • time2change_2
    time2change_2 Posts: 53 Forumite
    Part of the Furniture 10 Posts Photogenic Name Dropper
    A better month this time with some annual interest and extra work being paid.

    #47 declaring £1333.57 for March
    Declutter 2024 :277

    Save £12k: #47 £4757.58/£12000

    Grocery challenge: £2080 pa, bulk buy £520 pa
  • Pinkpieuni
    Pinkpieuni Posts: 139 Forumite
    100 Posts Name Dropper Photogenic
    edited 29 March at 7:32AM
    #4 £0 for March. Paid childcare costs upfront for a couple of months plus thanks to the exchange rates fluctuations lost £1k. If US$ continues on the current path, I will have to revise my targets 🔻next month😥. 

    Challenges

    NSD July- 8/10

    Pay off all your debts by Christmas 2025 #7 £6,500/£6,500 - All gone, paid off.

    52 Week Envelope Saving Challenge #7  £742/£1,378 -(28/52)

    The Save £12k in 2025 challenge #4 £12,317/£30,500

    2025 Mortgage-Free Wannabes #61 £10,224/£38,000 (mortgage offset)

    Mortgage -  Jan 2025 £75,600- current bal £66,136 Target  MF (Jun 26) 351 days.

    Loan  - Jan 2025 £4,095 - Current balance £2,531

    "Look after the pennies and the pounds will look after themselves"

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