The "Save 12k in 2018" Thread!

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  • vintagebrighton
    vintagebrighton Posts: 598 Forumite
    First Anniversary Name Dropper First Post Combo Breaker
    Can I join please?

    Sign me up for 6k. I also have a separate savings goal of 3K for a visit to Australia so don't want to get carried away!

    Thanks

    VB x
  • allie23
    allie23 Posts: 1,857 Forumite
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    Hi SF
    Please sign me up for 2018. Wouldn't miss this challenge now. I will aim for £25k in 2018.
    Thanks
    January GC 2024 £135/£180
    Frugal living Challenge 2024
  • Puddylove
    Puddylove Posts: 507 Forumite
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    I love that I'm now 007
    :j
  • rachlikeswinter
    rachlikeswinter Posts: 217 Forumite
    First Anniversary First Post Name Dropper
    Definitely want to get involved - though I think 12k will be a big ask for me, I only really got into the saving habit this year and next year my income will be a bit weird as I’m going freelance.

    So I’ll aim for £6k please! Let’s dream big!
  • TheShape
    TheShape Posts: 1,779 Forumite
    First Anniversary Name Dropper Combo Breaker First Post
    slowlyfading wrote: »
    - Any interest gained during this challenge on your savings can be counted

    Just interest from savings accounts or can p2p interest count?

    I assume investment returns/losses don't count? but what about the govt bonus for LISA subscriptions?

    Thought I'd check before signing up as it will dramatically affect my target and I'd need to adjust how I track my 'savings'.
  • Lolly88
    Lolly88 Posts: 322 Forumite
    First Anniversary Combo Breaker
    | counted my investment/p2p returns and fortunately never had losses but would have counted those too. Different people follow different rules in this challenge so do what fits your circumstances.
    Homeowner
    :j
  • geoffers4
    geoffers4 Posts: 263 Forumite
    First Anniversary Name Dropper First Post Mortgage-free Glee!
    edited 9 December 2017 at 6:17PM
    TheShape wrote: »
    Just interest from savings accounts or can p2p interest count?

    I assume investment returns/losses don't count? but what about the govt bonus for LISA subscriptions?

    Thought I'd check before signing up as it will dramatically affect my target and I'd need to adjust how I track my 'savings'.

    Yep people have different circumstances. I just declare what comes in as cash, so that includes interest from anything, current account 'rewards', dividends. But doesn't include ups and downs in values of investments, as I haven't cashed them out.
    Save 12k in 2013-2014-2015-2016-2017-2018-2019-2020-2021-2022 - then early-retired.
  • Xenon
    Xenon Posts: 235 Forumite
    Name Dropper First Anniversary First Post
    Xenon to Earth - £12000 if you please
  • CavendishWobble
    CavendishWobble Posts: 89 Forumite
    First Anniversary First Post
    £15,000 for me please
    Save £12k in 2020 = £4,074.62/£15,000 (27.2%) #89
    Save £12k in 2019 = £13,580.52/£15,000 (90.5%) #92
    Save £12k in 2018 = £17,189.12/£15,000 (115%) #36
  • Wentthedaywell?
    Wentthedaywell? Posts: 643 Forumite
    First Anniversary Name Dropper Photogenic First Post
    Me please Slowly! I'll try for £12,000 now I'm a pensioner! :D
    Save £12k in 2022 thread #7:

    Save £10,000 Jan-May 2022 THEN RETIRE!!
    Final total for (half) year: -£4,000
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