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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
    edited 6 January at 1:15PM
    New joiners.  Please quote your number to help us find you on the spreadsheet. Stay warm in this cold spell. 


    8  Macsidia £12000
    17 rjrs0510 £6000
    20 Optimistic_Saver £5000
    23 AnotherNewDay £12000
    28 SuperLooperSaver £1500
    30 Lovecevak £24000
    60 penny_less £11000




    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
  • gd55
    gd55 Posts: 168 Forumite
    Third Anniversary 100 Posts Name Dropper Photogenic
    #19 - Can I adjust my target to £6,000 please.

    As some of the things I am saving for - house, holidays and shopping - will come and go throughout the year, I am going to keep things simple for this challenge and only include my emergency fund savings.

    It will be a slow start but aim to pick up pace in the second half.

    Thanks!

    My debt-free diary: Go your own way

    Save £6k in 2025 #19 £902.69/£6,000

    Save £10k in 2024 #10 £12,013.63/£10,000

    Save £12k in 2023 #20 £7,040.55/£12,000
  • KrsyW
    KrsyW Posts: 28 Forumite
    Ninth Anniversary 10 Posts
    Spent a few days working on my strategy and long term plans over the last few days, and would like to declare myself in for 2025!

    Target is £14,400.

    If #59 is still available that would be my preference to follow on from last year, but if not that is fine.
    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
  • Simobla1
    Simobla1 Posts: 61 Forumite
    Second Anniversary 10 Posts Name Dropper
    Thanks for running again @enthusiasticsaver and @Suffolk_Lass - your efforts are much appreciated.  I'd like to join again for 2025 with a target of £15k.  I was number 39 last year, so happy to stick with that again but let me know if that changes.  So far this month I have £1k to allocate to January.
    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
  • Suffolk_lass
    Suffolk_lass Posts: 10,253 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    KrsyW said:
    Spent a few days working on my strategy and long term plans over the last few days, and would like to declare myself in for 2025!

    Target is £14,400.

    If #59 is still available that would be my preference to follow on from last year, but if not that is fine.
    Yes, I have put you in as someone already asked for 60. Lots of holes now, that you can't see yet...
    Save £12k in 2025 #2 I am at £4863.32 out of £6000 after May (81.05%)
    OS Grocery Challenge in 2025 I am at £1286.68/£3000 or 42.89% of my annual spend so far
    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 thread
    My new diary is here
  • Suffolk_lass
    Suffolk_lass Posts: 10,253 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Simobla1 said:
    Thanks for running again @enthusiasticsaver and @Suffolk_Lass - your efforts are much appreciated.  I'd like to join again for 2025 with a target of £15k.  I was number 39 last year, so happy to stick with that again but let me know if that changes.  So far this month I have £1k to allocate to January.
    Sorry @Simobla1, that number has gone, but I can give you #36, as we have put back in the deleted rows from last year
    Save £12k in 2025 #2 I am at £4863.32 out of £6000 after May (81.05%)
    OS Grocery Challenge in 2025 I am at £1286.68/£3000 or 42.89% of my annual spend so far
    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 thread
    My new diary is here
  • t2rry
    t2rry Posts: 1,075 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    #50 t2rry adding £100 for January please 
    I have had some unexpected underspends that have quickly mounted, unusual but a nice start!
    That brings my January total to £1,850 
    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%)
  • Kim_13
    Kim_13 Posts: 3,408 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic
    #12 Kim_13 £304.21 added.

    Total for January to date £357.52.
  • AnotherNewDay
    AnotherNewDay Posts: 175 Forumite
    100 Posts Second Anniversary Name Dropper
    #23 with £1,300 for Jan :)
  • FlacosFloozie
    FlacosFloozie Posts: 830 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Hi,
    Can I please join again? I'm going to aim for 25k. This is a mix of pension and isa savings. It's a bit of a stretch but hopefully will help me reduce frivolous spending this year.
    MFW 2024 £27500/7500 Mortgage £129,500 Jan 22 Final payment June 38 Now £68489.08 FP May 36 Emergency Fund £20,000 100% Added to ISA 24 £8,060 Save 12k in 24 #31 £20,034.76/20,000 Debt Free 31.07.14
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