Save £12k in 2026 challenge (or any other amount to challenge yourself!)

Kim_13

I’ve been umming and ahing about my target but think I will go for £10K. I expect to save more than this year, but against that rates may be lower, so we’ll see how it goes. Thank you.

Jellybaby

Hi, I’ll aim for £7,500 please 😁

sonas_baby

Hi so pleased you're both running this again for 2026, can I sign up with a target of 12000 again this year. Any number that suits you. I will be posting my December savings hopefully on the 31st as that's pay day. Thanks for all the hard work you both do. 

UKX69

Count me in, please. This is my first challenge, so it will be very interesting. I aim to save at least £12,000 by depositing into building society accounts only, as I have a mistrust of app only accounts and do not wish to open any bank accounts to access regular savers. Perhaps not an MSE objective, but highest interest is not of the greatest importance as customer service and access to my cash. So, we'll see how we go!

Thanks,

UKX69

Pucky89

Can I join please? 

Spotted the 2025 thread to late this year so was keeping track separately. Questions I have wondered with regards to how people do theirs. If you make additional pension payments on top of the required worked placed pension % do you count this? For example I pay an additional 12% but have not tracked it but I wonder if I should?

If you use your emergency fund (mot etc) do you count this expense when doing your monthly calculation?  

Would like to aim for 6k (if general consensus is you don’t include additional workplace pension contributions)

Nurse2047

Hello
can can I join please, first timer with aim of £12000

itsthelittlethings

Hello! I was just looking for this thread. Aim of £3000 by the end of the year please.

Suffolk_lass

Pucky89 said:

Can I join please? 

Spotted the 2025 thread to late this year so was keeping track separately. Questions I have wondered with regards to how people do theirs. If you make additional pension payments on top of the required worked placed pension % do you count this? For example I pay an additional 12% but have not tracked it but I wonder if I should?

If you use your emergency fund (mot etc) do you count this expense when doing your monthly calculation?  

Would like to aim for 6k (if general consensus is you don’t include additional workplace pension contributions)

It is your choice what you count @Pucky89 - Some include pension contributions and then within that group, some include the growth, others do not.

I include the dividends in my S&S ISA but I don't include the growth in the values of the funds/shareholdings themselves. Personally I don't include the spend out of savings pots - the emergency pots are there to stop me going into debt, and so I do count them. Predictable spend like insurance, MOT, Vehicle servicing, I budget for and use a different pot to pay for these now it has settled down and I have some reserves - but I don't count these, if you see the distinction - but it is your savings target and you save what challenges you, in the way that works for you

Suffolk_lass

You are all in the draft spreadsheet up to here.

Malchester

Hi. Would like to take part this year for the first time. My savings aim is £15000. Thanks for organising it