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The Save £12k in 2025 challenge

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Comments

  • enthusiasticsaver
    enthusiasticsaver Posts: 16,225 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.

    Click on this link for a Statement of Accounts that can be posted on the DebtFree Wannabe board: https://lemonfool.co.uk/financecalculators/soa.php

    The 365 Day 1p Challenge 2026 #1 £55/£667.95
    Save £12k in 2026 #1 £1000/£12000
  • Thriftymissus
    Thriftymissus Posts: 286 Forumite
    100 Posts Photogenic Name Dropper
    edited 26 March 2025 at 8:59PM
    #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: 73 Forumite
    Second Anniversary 10 Posts Name Dropper
    edited 27 March 2025 at 10:56AM
    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 / £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
  • geordiejon
    geordiejon Posts: 266 Forumite
    Third Anniversary 100 Posts Name Dropper
    #09 geordiejon april savings £1,100
  • Jellybaby
    Jellybaby Posts: 1,460 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
    August Grocery Challenge: 208/550 
    S&S ISA: £420
    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 4/100 (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: 34 Forumite
    Ninth Anniversary 10 Posts Name Dropper
    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
  • 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: 210 Forumite
    100 Posts First Anniversary Name Dropper Photogenic
    edited 29 March 2025 at 6:32AM
    #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 - January  - 2/10

    1. 2026 Mortgage-Free Wannabes #61 £ /£29,000, MF target June 2026, current mortgage balance - £29,557.64

    mortgage @ Jan 2025 - £75,600

    2. Loan  - Jan 2026 £1,029.22 - Current balance £1,029.22

    3.52 Week Envelope Saving Challenge #2 £/£1,378 -( /52)

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