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The Save £12k in 2025 challenge
Comments
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I have scratched together £450 this month to open two regular savers. One with Nationwide earning 7% paying in £200 a month and one with YBS paying 4.85% paying in £250 a month. So total now is £12450 for the year.
£450 a month will be the best I can save I think going forward until February when I get my state pension as we have just paid out for our November holiday and two new laptops. In January we have to pay for our May holiday and we will be saving for our China trip next year too.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/£120003 -
#32 £1744.35 for October Please
£176.47 Interest Earned
£800 Regular Savers
£18.04 Cashback
£6.13 Roundups
£93.71 Topcashback
£650 leftover wagesThe 365 Day 1p Challenge 2026 #26 £108.50/£667.95Save £12k in 2026 #12 0/£7500
Car Loan Nov 25- £14,114.742 -
#14 Van_Girl declaring £1,564.22 for October
I did spend a few unexpected bits, but have moved out of other slush funds. Target is locked in with projected savings and interest due. Probably jinxed myself now
£12k in 25 #14 £19,041.66/£18k 24 #14 £15,653.11/£18k 23 #14 £17,195.80/£18k 22 #20 £23,024.86/£23k2 -
#50 t2rry declaring an additional and final £250 for October please
- all courtesy of RoundUps
November has started here now, I'll be back to put in my declaration for this month when all the regular savers have gone outDebt Free I FFEF I Building Savings I 2025 Plan:- Regular Savings £11,100/£10,000
- Slush Fund £9,335/£10,000
Save £12k in 2025 - #50 - £20,435/£20,000 (102%)2 -
#26 Jellybaby with £575 for October.
Almost half of what I hoped but planned car repairs ended up costing considerably more than budgeted as basically more and more problems were found 🙈
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#29 £1460 for October.1
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#09 geordiejon reporting for october savings of £1,7221
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#36 £250 for October
Well I don't know how I've done it given how much I've had to shell out this month on annual insurance and some other stuff but I believe this puts me just over my £12k target. 🥳
Will keep going though as this thread keeps me motivated.
Thanks for running it and good luck to everyone else 💪#5 - Save £12k in 20261 -
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linz said:#36 £250 for October
Well I don't know how I've done it given how much I've had to shell out this month on annual insurance and some other stuff but I believe this puts me just over my £12k target. 🥳
Will keep going though as this thread keeps me motivated.
Thanks for running it and good luck to everyone else 💪
Actually @linz, 36 is your row number. You are 39. Simobla1 is 36
Save £12k in 2025 #2 I saved £14,660.97 of £6000 or 244.35% of my target. The 2026 Save £12k in 2026 thread is here
OS Grocery Challenge in 2025 I finished the year at £2880.99/£3000 or 96.03% of my annual spend so I am sticking with a £3000 annual budget for 2026
I also Reverse Meal Plan on that thread and grow much of our own premium price fruit and veg, joining in on the grow your own in 2026 discussion thread
My keep within our budget diary is here2
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