The "Save 12k in 2018" Thread!
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Oof that's a big fall. And there was I, just about to open a S&S ISA for the new tax year. Has anyone else been considering alternatives to cash savings? It would be handy to know what the stock market will do next...if anyone has a crystal ball!
I will do... when I have enough cash savings...! I wouldn't put anything into an S&S ISA that I wanted back out within 5-10 years, so that you don't have to care about the monthly/yearly ups and downs.Start mortgage date: August 2022; Start mortgage amount: £240,999; Original mortgage free date: August 2056
Current mortgage amount: £233.529.75
Start student loan 2012: £29,750; current student loan: £11.400.50; OP offset fund: £7500 -
Update form completed - no. 16 reporting £688.82 this month, taking my total £1651.19. 25% of the way through the year, 27.5% of the way there to hitting target!
Bit of a rollercoaster month - a big credit card bill, time off sick for the wife (unpaid sick leave) cost us big time, but bonus helped save the month and keep the savings rolling. Banked £700 of my bonus and have left a healthy amount in the current account to see us through while my wife hunts for a new job on more hours, which will help going forwards.
No more bonuses to come for 2018, so I'm probably a touch behind where I wanted to be. April will see me opening a new S&S ISA with Orbis (to take advantage of £100 matched offer) and regular saver will be increased to £250 a month.0 -
81.
£350 today
thx£48515 interest £181 (2009)debt/mortgage-MFIT/T2/T3
debt/mortgage free 28/11/14
vanguard shares index isa £1000
credit union £400
emergency fund£500
#81 save 2018£42000 -
March payday update from me!
I saved £1,005 in March, which makes £3,378 so far in 2018 and £125,111 overall.
:beer:Get to 119lbs! 1/2/09: 135.6lbs 1/5/11: 145.8lbs 30/3/13 150lbs 22/2/14 137lbs 2/6/14 128lbs 29/8/14 124lbs 2/6/17 126lbs
Save £180,000 by 31 Dec 2020! 2011: £54,342 * 2012: £62,200 * 2013: £74,127 * 2014: £84,839 * 2015: £95,207 * 2016: £109,122 * 2017: £121,733 * 2018: £136,565 * 2019: £161,957 * 2020: £197,685
eBay sales - £4,559.89 Cashback - £2,309.730 -
#20 checking in for March (form filled in)
Another bumper month for me. No council tax, no unexpected expenses (well apart from flights to Ireland for a wedding in April) and a cheeky bonus has meant £2680 saved in March.
Next month isn't going to be as good with lower wages and higher expenses. Council tax will be back and got a spendy wedding and spendy hen weekend to deal with in April.
I'll also be back down to my normal base salary with no prospect of further bonuses for the year, though in the new tax year I think my take home pay will be a couple of pounds higher than it was.
1/4 of the way in and target very much on and 'The Future Fund' is growing steadily despite a minor dip in the S&S ISA. This is my first set of dips (not been in the market that long) and I'm wondering how much more to chuck in the S&S ISA before the end of the tax year.Save 12K in 2018 #20 - £20,890/£18,000 (116%) November £1950
Save 12K in 2017 #46 - £13,184/£12,000 (109.87%):D
Save 12K in 2016 #184 - £4,608/£4500 (102.4%)0 -
Is it ok to join? I’ve been doing the frugal challenge since Jan with unexpected ease and success. Hadn’t realised how much money I fritter away each month. I work part time, relatively well paid, in an unrewarding and stressful job I have come to loathe. I don’t have any debts apart from the mortgage, which I’m overpaying. I’d like to save £10k a year on top of that so I can be a step closer to quitting work for good!:)Savings from frugal & simple living:
Jan ISA& Save Acc £1600 Mort o/paid £250
Feb ISA&save acc £1330.89 Mort o/paid£500
March ISA&save ac£811.35 mort o/paid £250
:j0 -
#112 checking in with £853.53 for March. This is unexpectedly high because we didn't have to pay council tax or water this month, and then right at the end we got some expenses back that DH incurred in January. April will be much tighter with us really having to try to make some extra savings. I think we are up for the challenge though. Especially before holidays happen in the summer!#112 Save 12k in 2018: 5000/6000
#35 Save 12k in 2019: 4985.28/7000
#32 Save 12k in 2020: 13282.17/12000
#60 Save 12k in 2021: 0/130000 -
CosmicZebra wrote: »Is it ok to join? I’ve been doing the frugal challenge since Jan with unexpected ease and success. Hadn’t realised how much money I fritter away each month. I work part time, relatively well paid, in an unrewarding and stressful job I have come to loathe. I don’t have any debts apart from the mortgage, which I’m overpaying. I’d like to save £10k a year on top of that so I can be a step closer to quitting work for good!:)
Put a form in (in post 1) so that Slowlyfading sees youSave £12k in 2024 - #2 target is £5000 only £798.34 so far
OS Grocery Challenge 2024 31.1% spent or £932.98/£3,000 annual
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 Debt Free Diary Get a grip Woman0 -
Another £900 added into saving accounts, will do final update for March next week when I have sorted out the final bits
Grocery Challenge 2019 YTD-£820.46/£7200(11%)
Grocery Challenge Feb - £93.10/£600(16%)
£12k in 2019 #: Monthly Saving Accounts £500, Cashback & Competition Sites £2.59, Shopping Saving £152.09,Selling £121.26, Interest & Dividends £43.93, Surveys £0, 365 Day Penny Challenge # £103.44
Total Saved - £923.31/£12000(8%)0 -
#38 declaring £1208.21 for March.... no council tax, the mythical YouGov £50 payout, and annual cashback off the Amex....
Add to that saving a ton on my car insurance by changing my policy to what I actually need and being able to put the savings towards the house deposit... not a bad month!Start mortgage date: August 2022; Start mortgage amount: £240,999; Original mortgage free date: August 2056
Current mortgage amount: £233.529.75
Start student loan 2012: £29,750; current student loan: £11.400.50; OP offset fund: £7500
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