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  • FIRST POST
    • slowlyfading
    • By slowlyfading 28th Nov 15, 7:34 PM
    • 13,035Posts
    • 75,221Thanks
    slowlyfading
    The "Save 12k in 2016" Thread!
    • #1
    • 28th Nov 15, 7:34 PM
    The "Save 12k in 2016" Thread! 28th Nov 15 at 7:34 PM
    So, the title is pretty self explanatory, but this is the place to be in 2016

    In 2016, the aim is to save £12k (or, any other amount if you like!) from 1st January 2016 til 31st December 2016. I know it's early, but it gives you the time to plan for how you are going to do it!


    RULES:
    - This challenge starts on 1st January 2016 00:00 and finishes on 31st December 2016 23:59.
    - Everything saved MUST be done between these two dates.
    - Any interest gained during this challenge on your savings can be counted!


    Feel free to sign up but, please only sign up if you intend to go the distance - the thread for 2013/2014/2105 started off great and then lots of people disappeared

    Challenger List:
    001. slowlyfading - £10,000
    002. Lolly88 - £8,000
    003. PrincessLou - £5,000
    004. jamiednm - £11,000
    005. Melaniep101 - £12,000
    006. tempus_fugit - £14,000
    007. Wentthedaywell? - £13,000
    008. darkidoe - £12,000
    009. mummytummy - £12,000
    010. bsms1147 - £15,000
    011. cathybird - £15,000
    012. brizzledfw - £12,000
    013. freezspirit - £6,000
    014. ajdj - £12,000
    015. frasersmum123 - £3,000
    016. Westie983 - £12,000
    017. garfield33 - £6,000
    018. abba1772 - £5,000
    019. savings my hobby - £10,000
    020. chrislee2810 - £15,000
    021. Phaelok - £15,000
    022. geoffers4 - £25,000
    023. Cweb - £12,000
    024. jacci45 - £12,000
    025. kev2009 - £6,000
    026. Ruthy1604 - £28,000
    027. Starting Again - £16,000
    028. Hantsman - £19,000
    029. wifey27 - £10,000
    030. Unicorns - £12,000
    031. sofarbehind - £12,000
    032. calltheshots - £5,000
    033. Notfarfromtheborder - £19,000
    034. Dragon Lily - £2,000
    035. tara747 - £12,000
    036. chelseasblue
    037. letiss7 - £6,000
    038. SMGee - £6,000
    039. copperjar - £6,000
    040. Hairpin - £12,000
    041. TrustyOven - £6,000
    042. MrsC2be - £4,000
    043. aidysproule - £12,000
    044. rjrs0510 - £30,000
    045. george4064 - £12,000
    046. enthusiasticsaver - £15,000
    047. letThemPlay - £2,000
    048. summerlady - £1,200
    049. Sox77 - £6,000
    050. lessavyfav -£9,000
    051. tmsbry - £12,000
    052. dmackaywork - £12,000
    053. coolcats - £7,000
    054. Bradlad9 - £4,000
    055. Justonething - £24,000
    056. Lomcevak - £30,000
    057. Tea&Biscuits - £7,000
    058. Miss money penny - £5,000
    059. ourcornercottage - £3,000
    060. ALIBOBSY - £6,000
    061. Speedster2 - £12,000
    062. Hopeful30 - £12,000
    063. FlareStar - £5,000
    064. lynnejk - £6,000
    065. Anouchka - £7,000
    066. micron - £12,000
    067. YoungBusinessman - £15,000
    068. laurra - £8,000
    069. mylastpound - £6,000
    070. x0emz0x - £3,000
    071. BE95 - £6,000
    072. velocity_girl - £6,000
    073. Gem-gem - £9,000
    074. FinallyGettingFree - £3,000
    075. adam68 - £5,000
    076. sezamma - £5,000
    077. ViktorOnopko - £6,000
    078. selloptape - £2,000
    079. Rosie D - £10,000
    080. matt_66 - £9,000
    081. black taxi - £10,000
    082. Saver-upper
    083. Twiggy_34 - £2,000
    084. ToiletLicker - £12,000
    085. boglehead - £100,000
    086. bobobski - £10,000
    087. Karen's girl - £6,000
    088. IvanovSteliyan - £10,000
    089. XSpender - £5,000
    090. mas2000 - £12,000
    091. wishus - £5,625
    092. Suffolk lass - £6,000
    093. Squitchley - £6,000
    094. jessy-eve - £5,000
    095. savingfortomorrow
    096. Dird - £15,000
    097. hydrangea - £6,000
    098. lessonlearned - £12,000
    099. Buffythedebtslayer - £4,500
    100. Urchhh - £3,350
    101. lisa110rry - £15,000
    102. dark.knight - £9,000
    103. chris9393 - £8,500
    104. phil09 - £15,000
    105. TheBanker - £12,000
    106. amyt13 - £6,000
    107. Marcus_C - £7,000
    108. s1ipmatt - £2,500
    109. daveyjones95 - £13,000
    110. Kreacher - £6,000
    111. geeovana - £17,500
    112. monochome_blue - £8,000
    113. Wilkos - £10,000
    114. imajica37 - £6,000
    115. Short-n-Sweet - £5,000
    116. benbenandme - £6,000
    117. Shrewbie - £10,000
    118. maul123 - £9,000
    119. Carrie85 - £10,000
    120. alja - £10,000
    121. Determined diva - £12,000
    122. ruby911 - £12,000
    123. brenda10 - £15,000
    124. nat21luv - £10,000
    125. Leeruddecology - £6,000
    126. fabforty - £12,000
    127. Domayne - £8,000
    128. r0ckyd0g - £2,400
    129. lol omg wtf - £6,000
    130. user1168934 - £18,000
    131. 166million - £5,357.69
    132. ipie - £12,000
    133. allie23 - £5,000
    134. loopy53 - £12,000
    135. SusySweden - £14,450
    136. aNom - £18,000
    137. FlacosFloozie - £5,000
    138. GTR King - £4,000
    139. Bryando - £5,000
    140. e4rly - £4,000
    141. NectarCollector - £2,000
    142. ffacoffipawb - £
    143. ArmyDillo - £20,000
    144. gazzer666 - £40,000
    145. RichyRich - £12,000
    146. jacquelinestar - £9,000
    147. Ben91 - £13,000
    148. emincosi - £8,000
    149. ahX - £12,000
    150. There Is A Light - £14,400
    151. JamesFews - £12,000
    152. SilverFox89 - £6,000
    153. lolo06 - £6,000
    154. Stickleback27 - £14,000
    155. scratched - £16,000
    156. mattdeeks - £5,000
    157. Ashers92 - £12,000
    158. Cambia - £12,000
    159. Born_Free - £12,000
    160. Bruce Bumba - £6,000
    161. kitjos - £12,000
    162. Galenzorz - £6,000
    163. Hutchch0920 - £7,150
    164. kitty_ - £9,000
    165. sweetpeas - £18,000
    166. BelfastFTB - £10,000
    167. Candyapple - £12,000
    168. Me! Me! Me! - £4,500
    169. darksoul - £6,600
    170. myteeduck - £2,500
    171. Seafoam - £22,000
    172. Tiglath - £10,000
    173. SusanneCape - £12,000
    174. Anavand - £30,000
    175. PoorGuyNextDoor - £10,000
    176. Save Dosh - £12,000
    177. Downes2013 - £5,000
    178. Aliliva - £7,300
    179. vicky_ - £12,000
    180. -Selene - £6,000
    181. Susuzak - £5,000


    CLICK HERE for the easy update form:
    https://docs.google.com/forms/d/1cfJVWP62Cmn-rnS3TEfSIQJ9uAkxFHdFHPyf3vLZr4s/viewform


    CLICK HERE to see the total amounts so far:
    https://docs.google.com/spreadsheets/d/13i1sj4B3PnNpa-77U9EEGjWMqLiej9W0LGvvBo7vKIY/edit?usp=sharing



    Last edited by slowlyfading; 31-07-2016 at 8:34 PM.
    Be who you are and say what you feel because those who mind don't matter and those who matter don't mind - Dr Seuss
    Personal Finance Blogger / June NSD - 2 / In pursuit of FIRE
Page 3
    • chelseablue
    • By chelseablue 30th Nov 15, 10:58 AM
    • 2,803 Posts
    • 3,231 Thanks
    chelseablue
    Hi slowlyfading


    Please can I join for 2016?


    Not sure of my target yet as we are (hopefully) moving from a flat to a house next year so our monthly bills will increase plus we need to decorate and buy furniture.


    I will let you know target when I get a better idea of how much is left over a month
    • letiss7
    • By letiss7 30th Nov 15, 11:54 AM
    • 88 Posts
    • 256 Thanks
    letiss7
    Hi Slowlyfading,


    Thank you for choosing to run this again.


    Currently No55 on the 2015 version.
    I would also like to join for 2016 as 2016 will definitely be a challenging year financially. Please put me down for a £6000 target.
    No. 49 in the 'Save 12k for 2019' thread.
    £4232/£12000
    • SMGee
    • By SMGee 30th Nov 15, 1:21 PM
    • 31 Posts
    • 186 Thanks
    SMGee
    Hi SF can I join again please?

    I'd like to go for £6000 this time as I am going to have a slight drop in income next year due to my Mum having paid back everything she owes me, so no monthly income from that!

    x
    Debt Free 23rd July 2015
    Save £12k in 2015 #142 £8025.63/£10,000

    Save £12k in 2016 #38 £12204.94/£6000
    Saving for a van to travel in and a little taste of freedom Ready for the summer in my van!
    • black taxi
    • By black taxi 30th Nov 15, 1:43 PM
    • 1,810 Posts
    • 6,329 Thanks
    black taxi
    relooked finances,ive budgeted for 10k a year 2016


    Just doing Vanguard LifeStrategy 60% Equity Accum isa,monthly investment saving from now on.


    its so much easier automatic,was amazed when I sold last year how easy it was t sell/withdrawn within a week,yourself online.


    checking cash isa savings rates does my head in.


    everytime they ask for new id,passport utilities ,photo copies


    slowly build up balance bank account,better rates




    thx SF
    £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£4200
    • black taxi
    • By black taxi 30th Nov 15, 1:46 PM
    • 1,810 Posts
    • 6,329 Thanks
    black taxi
    SF can I keep same number #081


    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£4200
    • copperjar
    • By copperjar 30th Nov 15, 7:55 PM
    • 864 Posts
    • 2,010 Thanks
    copperjar
    Can't believe how much last years thread inspired me with my savings so I'll go for the same again please - £6k
    Total debt 1.11.10 £23,446
    Save £6k in 2015 #129 £6121.66/£6000
    Save £6k in 2016 #39 £6000/£6000
    • slowlyfading
    • By slowlyfading 30th Nov 15, 8:10 PM
    • 13,035 Posts
    • 75,221 Thanks
    slowlyfading
    Oh I'm really pleased you're doing this again SF! I thought that with a new baby it would be a bit too much. Thanks for all the time and effort you put into it. It's helped me so much, it really has. I can't believe how much I've saved this year.
    Originally posted by sofarbehind
    So long as people are okay with it not being updated every other second, I can manage
    Great, I'm 007 - Licence to Save!
    Originally posted by Wentthedaywell?
    Haha, excellent!
    Be who you are and say what you feel because those who mind don't matter and those who matter don't mind - Dr Seuss
    Personal Finance Blogger / June NSD - 2 / In pursuit of FIRE
    • Hairpin
    • By Hairpin 30th Nov 15, 8:17 PM
    • 2 Posts
    • 25 Thanks
    Hairpin
    I've been waiting for this thread so I can make my first post!
    Slowlyfading please can I be put down for £12,000, aiming very high but have to start somewhere!
    • slowlyfading
    • By slowlyfading 30th Nov 15, 8:29 PM
    • 13,035 Posts
    • 75,221 Thanks
    slowlyfading
    Spreadsheet updated it's nice to see lots of familiar faces signing up again!

    Please make a note of your challenge numbers - they are probably not the same as last year.
    Be who you are and say what you feel because those who mind don't matter and those who matter don't mind - Dr Seuss
    Personal Finance Blogger / June NSD - 2 / In pursuit of FIRE
    • LiveSimply
    • By LiveSimply 30th Nov 15, 9:18 PM
    • 56 Posts
    • 221 Thanks
    LiveSimply
    Me too, I'll stick with £3000 for now. I have really enjoyed this and watching everyone's savings growing, thanks for running it.
    Fell off the money wagon, but never mind, I'm back now.
    • darkidoe
    • By darkidoe 30th Nov 15, 9:26 PM
    • 1,027 Posts
    • 1,224 Thanks
    darkidoe
    Hehehe. Is there a prize or something?

    Save 12K in 2019 # 5 £0/£20,000
    Save 12K in 2018 # 31 £20,141.05/ £15,000 (134%) Achieved!
    Save 12K in 2017 # 9 £15,848.84/ £15,000 (105.65%) Achieved!
    Save 12K in 2016 # 8 £19,721.58/ £12,000 (164.35%) Achieved!
    • MrsC2be
    • By MrsC2be 1st Dec 15, 1:04 PM
    • 36 Posts
    • 20 Thanks
    MrsC2be
    Hello

    Please sign me up for £4000
    anything over this will be a bonus for me and hubby!

    Thanks
    • bsms1147
    • By bsms1147 1st Dec 15, 1:12 PM
    • 2,000 Posts
    • 3,600 Thanks
    bsms1147
    I've been waiting for this thread so I can make my first post!
    Slowlyfading please can I be put down for £12,000, aiming very high but have to start somewhere!
    Originally posted by Hairpin
    Good first post. Welcome, good luck and all the best.
    • cathybird
    • By cathybird 1st Dec 15, 5:17 PM
    • 3,877 Posts
    • 16,322 Thanks
    cathybird
    I've been waiting for this thread so I can make my first post!
    Slowlyfading please can I be put down for £12,000, aiming very high but have to start somewhere!
    Originally posted by Hairpin
    Yes welcome Hairpin - I've found this savings challenge incredibly helpful and hope you will too - it is such a good bunch on here and Slowlyfading is a complete star for creating and running it
    15 in Save 12K: £4,634.39/£12K. JNSDs: 6/10 YNSDs: 69/TF Tilly: £403.56
    July AFDs: 14/21 2019 AFDs: 171/260 2018: 303/260
    • aidysproule
    • By aidysproule 1st Dec 15, 7:43 PM
    • 1 Posts
    • 10 Thanks
    aidysproule
    Hi, I would like to join please. My target is £12,000 for 2016.
    • rjrs0510
    • By rjrs0510 1st Dec 15, 9:49 PM
    • 57 Posts
    • 273 Thanks
    rjrs0510
    Hi Slowly Fading,

    Can you please sign me up for the 2016 challenge. I would like the goal to be £30,000.

    Thanks so much!
    Save 12,000 in 2017 (48)

    Total so far: £7,000
    Goal: £50,000

    I'm trying to remember to pay my future self first!
    • darkidoe
    • By darkidoe 1st Dec 15, 10:08 PM
    • 1,027 Posts
    • 1,224 Thanks
    darkidoe
    Nationwide Current account users! Get a headstart and start maximising your savings. Nationwide just released a 5% regular saver that lets you save £500pcm!

    Check out this thread here too! http://forums.moneysavingexpert.com/showthread.php?t=5370758

    Time to gear up the savings automaton!

    Save 12K in 2019 # 5 £0/£20,000
    Save 12K in 2018 # 31 £20,141.05/ £15,000 (134%) Achieved!
    Save 12K in 2017 # 9 £15,848.84/ £15,000 (105.65%) Achieved!
    Save 12K in 2016 # 8 £19,721.58/ £12,000 (164.35%) Achieved!
    • george4064
    • By george4064 1st Dec 15, 10:33 PM
    • 1,236 Posts
    • 1,252 Thanks
    george4064
    I would like to join please, please set my target at £12,000.

    At the present moment that is quite ambitious, but I'm hoping/expecting a pay rise in 2016 so I'm positive that the target is achievable!

    Thanks in advance for running such a great idea SF
    Last edited by george4064; 01-12-2015 at 10:37 PM.
    "If you arenít willing to own a stock for ten years, donít even think about owning it for ten minutesĒ Warren Buffett

    Save £12k in 2017 - #003 £12,427.51 (104%)
    Save £12k in 2018 - #004 £9,165.94 (46%)
    Save £12k in 2019 - #007 £8,654.09 (72%)
    • enthusiasticsaver
    • By enthusiasticsaver 2nd Dec 15, 7:44 AM
    • 8,745 Posts
    • 20,275 Thanks
    enthusiasticsaver
    Thanks for running this again SF. I was #25 on the 2015 thread and am hoping to reach target on payday����

    I am aiming for £15000 for 2016. Will be aiming to save In the following accounts

    £500 per month in stocks and shares isa £6000
    £500 per month in new Nationwide Flexclusive regular saver @ 5% opened yesterday
    £250 per month in TSB regular saver opened in November so that will finish November 2016.

    So a total of £1250 per month. Going to be tough!!!
    Early retired in December 2017

    I'm a Board Guide on the Debt-Free Wannabe, Mortgages and Endowments, Banking and Budgeting boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Any views are mine and not the official line of moneysavingexpert.com. Pease remember, board guides don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com
    • letThemPlay
    • By letThemPlay 2nd Dec 15, 7:54 AM
    • 92 Posts
    • 312 Thanks
    letThemPlay
    I would like to join again; my target is going to be lower this year as I can't afford to save as much but my target is going to be £2000.
    # 047 'Save 12K in 2019' - £6,346.86 / £12,000 55.89%
    # 074 'Save 12K in 2015' - £4,379.25 / £4,000 109.48%
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