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The Save £12k in 2025 challenge

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  • Sandyra
    Sandyra Posts: 291 Forumite
    Tenth Anniversary 100 Posts Name Dropper Cashback Cashier
    edited 3 January at 11:43AM
    Please could I set a target of £14,000, Hubby and I need a new car and we’ve set a joint budget of £18,000 and I’m gonna try and save some additional money towards to go any maternity pay as we plan to start our family. Thank you for organising this @enthusiasticsaver and @Suffolk_lass for organising this.  

    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

  • Sausageroll14
    Sausageroll14 Posts: 46 Forumite
    Seventh Anniversary 10 Posts Name Dropper
    @enthusiasticsaver

    Thanks for adding me. 

    Well we are endeavouring to be FIRE. This is basically the amount I think we can possibly save in 12 months plus an extra 100 or 2. I like to be optimistic 😁😁😁
  • #13 Managed to put away £3248 for the start of January. 

    My savings are all for retirement. Each month £448 goes to a private pension and a varying amount will go to my general investment account.
    No.13 in the 2025 saving money challenge. Target £36,000.

    Monthly grocery budget challenge: £720

    NSD challenge: target 10 a month

    Fat loss quarterly challenge: 21%body fat to 17%. 
  • Nintud
    Nintud Posts: 554 Forumite
    Tenth Anniversary 500 Posts Name Dropper Photogenic
    Can I join please?
    £153 saved so far (£50 EF, £52 cash envelope, £1 virtual envelope)
    MBNA 237.47/13997.47
    Santander 300/10550
    Nationwide 60/460
    Very 943/943 paid off 01/02/25
    Santander OD 0/2900
    Nationwide OD 100/200
    Mortgage 18430/125194
    EF 300/1000
    Declutterred via Vinted 53/2025
    NSD Feb 2/7
    SPC2025 #11
    52 wk envelope challenge #6 28/virtual
    Debt repaid 2025 2437.60/38650.60
    MFW 2025 1036/107800
    Make £2025 in 2025 458/2025
    Friday Fiver 35/260 virtual pot.

    - - - -
    What matters is how we live and love and how we spend our dash. (L Ellis)
  • TallGirl
    TallGirl Posts: 6,174 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    I would like to join again please trying to save £12K for 2025 which might be tough as I am moving back to Denmark and will most likely have to give up my job and start as self employed but nothing ventured nothing gained. 
    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#latest

  • t2rry
    t2rry Posts: 1,075 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    HNY save £12k team!   

    Could I please join again, I will stick with my £20,000 target for 2025.

    Thank you!
    Debt Free I FFEF I Building Savings I 2025 Plan:
    1. Regular Savings £7,400/£10,000
    2. Slush Fund £3,800/£10,000

    Save £12k in 2025 - #50 - £11,200/£20,000 (56%)
  • Quantaqa
    Quantaqa Posts: 134 Forumite
    100 Posts Name Dropper Photogenic
    Hello, can I join please?  My goal will be £40k.  Might be a bit of a stretch but worth a shot.  Thank you to @enthusiasticsaver and @Suffolk_lass for running the challenge.  Best of luck everyone
    Frugal Living challenge 2025
    Grocery Challenge June /£200
    Save £12k in 2025 Challenge - Goal £30k
    June NSD Challenge - 2/12NSDs 
  • Sausageroll14
    Sausageroll14 Posts: 46 Forumite
    Seventh Anniversary 10 Posts Name Dropper
    Zero savings for January but I'm in it for the long haul (this year). Hope it's ok to stick around. I should start savings in March.... 
  • steves_uk
    steves_uk Posts: 50 Forumite
    Part of the Furniture 10 Posts Photogenic Name Dropper
    HNY all. Thanks for running the thread again @Suffolk_lass and @enthusiasticsaver.

    I’d like to join again this year, target of £20k please!
    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.uk
  • enthusiasticsaver
    enthusiasticsaver Posts: 16,053 Ambassador
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    #13 Managed to put away £3248 for the start of January. 

    My savings are all for retirement. Each month £448 goes to a private pension and a varying amount will go to my general investment account.
    That is a healthy start to the new year. 
    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
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