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The Save £12k in 2025 challenge

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Comments

  • Caeraugirl
    Caeraugirl Posts: 606 Forumite
    Part of the Furniture 500 Posts Photogenic Name Dropper
    #21 Caeraugirl declaring £1737.77 for January

    My regular Vanguard pension payment has gone out, and I've added interest from two of the three regular savers from last year to my 2025 savings pot with another small lump of interest due in a couple of days. I'm running with just two regular savers this year as I'm still considering full retirement in the summer... 
    How exciting on the retirement.  I retired at 58 about 7 years ago now and don't regret it at all. 
    Thank you. I'll be 57 in September and want to finish completely, but my current role isn't particularly taxing, I get left alone by management for the most part and am well paid, so I'm finding it difficult to justify leaving it to myself. I've already stepped down from full time to 30 hours over 3 days, but can't really cut my hours further as they won't get backfilled and the job is too big to do in less hours than that - though I'm sure my employers would be happy to have me try! I've been told by several people I'll know when I've had enough and am ready to go - was that the case with you?
    #15 Save £12k in 2026 £4500/£12000


  • Caeraugirl
    Caeraugirl Posts: 606 Forumite
    Part of the Furniture 500 Posts Photogenic Name Dropper
    #21 Caeraugirl with a further £89.58 interest from my last 2024 regular saver
    #15 Save £12k in 2026 £4500/£12000


  • Optimistic_Saver
    Optimistic_Saver Posts: 337 Forumite
    Part of the Furniture 100 Posts Name Dropper Photogenic
    edited 3 January 2025 at 8:40PM
    I’d love to join you all, with a target of £5,000 
    March 26:
    MBNA 6,130 - 0% Feb 28
    HAL 10,125.91 - 0% Jul 27
    BL 320 - Ends Jul 26
    Total: 16,575.91 less 7,000 Marcus savings = 9,575.91
    ⬇️ to pay down by Oct 27

    NSD March 15/22
    Make 2026 in 2026:
    173.01/2,026
    Vinted, YouGov, Bank Int & Fairer Share, Prolific, Quidco, Cheddar & SnapMyEats

    Savings accounts:
    Co-op 273.01/3,000
    Principality 600/1,200
    FD 2,000/2,000
    Santander Saver 400/2,400
    Lloyds 800/4,800
    Cahoot 50/3,000
    Invest 349.93
    🏆 ⬆️ Total: £4,472.94

    Mortgage: £54,048.73
  • Can I join with a target of £12K please?
  • Jami74
    Jami74 Posts: 1,322 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    15 Jami74

    Started with £200 into my Cash ISA for January. Hoping for some more before the month ends, although it depends on what 'extras' are in my pay at the end of the month.
    Debt Free: 01/01/2020
    Mortgage: 11/09/2024
  • SuperLooperSaver
    SuperLooperSaver Posts: 81 Forumite
    Fifth Anniversary 10 Posts Name Dropper
    edited 3 January 2025 at 11:36PM
    Can I join with a target of £1,500 please?  Lower than usual due to buying a house this year so finances will be changing.  I note that I need to report by the end of February.
  • Lomcevak
    Lomcevak Posts: 1,026 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Please can you add me in with a target of £24,000 - not sure if I'll make it, but something to aim at :smile:
  • penny_less
    penny_less Posts: 158 Forumite
    Part of the Furniture 100 Posts Name Dropper Photogenic
    After looking at last year’s total, I would like to aim for a target of £11,000 this year.
    If at all possible, could I keep #60 please? 😁
    Thanks for running the challenge.
  • #21 Caeraugirl with another £25 for January

    I had a win on PB for the first time in ages, so am adding that to my savings.
    #15 Save £12k in 2026 £4500/£12000


  • I will be aiming to make mortgage overpayments once we've bought the house, which I won't count in this challenge. I'd like to save a little though as well, hence a low target. Hope to make some renovations at some point.
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