Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@. Skimlinks & other affiliated links are turned on

Search
  • FIRST POST
    • slowlyfading
    • By slowlyfading 4th Dec 16, 8:57 PM
    • 12,926Posts
    • 74,232Thanks
    slowlyfading
    The "Save 12k in 2017" Thread!
    • #1
    • 4th Dec 16, 8:57 PM
    The "Save 12k in 2017" Thread! 4th Dec 16 at 8:57 PM
    So, the title is pretty self explanatory, but this is the place to be in 2017

    In 2017, the aim is to save £12k (or, any other amount if you like!) from 1st January 2017 til 31st December 2017. 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 2017 00:00 and finishes on 31st December 2017 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 tends to start off great and then people disappear

    Challenger List:
    001. slowlyfading - £12,000
    002. geoffers4 - £25,000
    003. george4064 - £12,000
    004. joey_93 - £12,000
    005. Zippeh - £12,000
    006. Lolly88 - £12,000
    007. swimminginaseaofdebt - £2,017
    008. JMR14 - £14,000
    009. darkidoe - £15,000
    010. Duckyduck - £12,000
    011. allie23 - £12,000
    012. Wentthedaywell? - £10,000
    013. Sebrof89 - £8,000
    014. micron - £12,000
    015. Westie983 - £12,000
    016. TrustyOven - £10,000
    017. mummytummy - £12,000
    018. bobobski - £12,000
    019. coolcats - £7,000
    020. Jazee - £12,000
    021. jessy-eve - £3,500
    022. emincosi - £15,000
    023. Kreacher - £6,000
    024. ToiletLicker - £12,000
    025. Mogley - £5,000
    026. BBH123 - £5,000
    027. Twiggy_34 - £2,500
    028. Karen's girl - £7,000
    029. Hantsman - £18,000
    030. PoorGuyNextDoor - £12,000
    031. Kahra - £18,000
    032. laura84gr - £12,000
    033. ryath - £6,000
    034. Dird - £25,000
    035. Bored - £12,000
    036. nat21luv - £12,000
    037. letiss7 - £12,000
    038. cathybird - £12,000
    039. garfield33 - £6,000
    040. qwertysaver1 - £9,000
    041. nikki2804 - £3,000
    042. Esufce - £14,000
    043. gchh86 - £8,000
    044. Wanna Bee Free - £7,500
    045. boglehead - £120,000
    046. CrabbitDutchie - £12,000
    047. CouponClipper - £7,000
    048. rjrs0510 - £50,000
    049. Rishified - £8,000
    050. lilyflower7 - £7,000
    051. s1ipmatt - £2,500
    052. hermionesaver - £5,000
    053. 5t3ve - £6,000
    054. kirtsybum - £10,000
    055. lisa110rry - £12,000
    056. jacci45 - £12,000
    057. Puddylove - £9,000
    058. copperjar - £6,000
    059. e4rly - £5,000
    060. RichyRich - £12,000
    061. Sakon1 - £6,500
    062. ada-or-ardor - £6,000
    063. Londinuim33 - £48,000
    064. Suffolk lass - £11,000
    065. Allotrope - £4,500
    066. Buffythedebtslayer - £5,000
    067. Domayne - £10,000
    068. Gem-gem - £6,000
    069. Lomcevak - £24,000
    070. Psychobabble78 - £12,000
    071. Fruittea - £12,000
    072. giggleyay - £7,000
    073. kitjos - £8,000
    074. Ruthy1604 - £30,000
    075. kittenkicks - £15,000
    076. Sabrinasway - £10,000
    077. pineconesjay - £17,000
    078. enomis - £15,000
    079. ambitiouspanda - £18,000
    080. Gillbrah - £5,000
    081. black taxi - £10,000
    082. kev2009 - £6,000
    083. cydney65 - £5,000
    084. groovy_chick - £12,000
    085. TwentySomethingGirl - £15,000
    086. monz - £7,500
    087. Pennypenny - £12,000
    088. Wilkos - £10,000
    089. Clare43 - £12,000
    090. _Amaryllis_ - £15,000
    091. freezspirit - £4,000
    092. silvasnow - £12,000
    093. TallGirl - £12,000
    094. Frugaliza - £6,000
    095. try harder - £12,000
    096. snozberry 0 £6,000
    097. shiningfaery - £2,000
    098. zzzt - £6,000
    099. Rhys37429 - £4,000
    100. Hutchch0920 - £12,000
    101. MissLisaxo - £12,000
    102. LA.Nyx - £10,000
    103. JamesLHarris - £5,000
    104. SpekySquarehead - £4,500
    105. lashie - £3,500
    106. Caravan of Love - £15,000
    107. mrskingandthescarecrow - £12,000
    108. Rosie D - £8,000
    109. LabRatty - £25,000
    110. dark.knight - £10,000
    111. kingrulzuk - £12,000
    112. calltheshots - £5,000
    113. ZoeGold - £10,000
    114. rupzy1 - £12,000
    115. rutterc85 - £25,000
    116. poohbear59 - £5,000
    117. Saver-upper - £5,000
    118. EC12345 - £5,000
    119. Tiggy59 - £10,000
    120. YummyMummy20 - £8,000
    121. sonas_baby - £5,000
    122. xmillyx - £15,000
    123. HornetSaver - £10,000
    124. Okitr - £4,000
    125. Sassysaver7 - £4,500
    126. Queenofcolouringandtea - £12,000
    127. Poppy2008 - £10,000
    128. missy83 - £15,000
    129. Cottage Economy - £4,000
    130. fire-wannabe - £1,000
    131. OxfordGirl - £10,000
    132. Save Dosh - £5,000
    133. imajica37 - £6,000
    134. AnieKitten - £12,000
    135. Charlene84 - £12,000
    136. FrankieM - £12,000
    137. Tom86 - £10,000
    138. StarShapedPeg - £10,000
    139. Sunnybee - £42,000
    140. Determined diva - £2,000
    141. hugger - £4,000
    142. 1393jason - £5,000
    143. Carrie85 - £10,000
    144. zafiro1984 - £2,500
    145. jackie_w - £2,017
    146. MrsPorridge - £12,000
    147. FlacosFloozie - £9,000
    148. tara747 - £12,000
    149. Watty1 - £12,000
    150. Wobblydeb - £20,000
    151. frugal90 - £36,000
    152. Bonfire Bride - £8,000
    153. bsms1147 - £15,000
    154. Garfield1987 - £12,000
    155. pearl123 - £1,500
    156. mattdeeks - £15,000
    157. Jo Blogs - £5,000
    158. laurababs - £5,000
    159. TwentySomethingGirl - £15,000
    160. Fruittea - £12,000
    161. GilmoreGirl - £5,000
    162. Xenon - £12,000
    163. Gempie - £6,000
    164. Starzy - £6,000
    165. MissMarble - £12,000


    CLICK HERE for the easy update form:
    https://docs.google.com/forms/d/e/1FAIpQLScxZ9aJl2FtChf6FpAt-XYLSKpltXBE8CkTzQkX3Ffs9FWyWw/viewform


    CLICK HERE to see the total amounts so far:
    https://docs.google.com/spreadsheets/d/1xEfqfOSczCyEjqf8DQELOVdvEUnFN5LplxnZiGI-KZo/edit?usp=sharing
    Last edited by slowlyfading; 18-01-2017 at 9:18 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 - 6 / Ultimate Dream Fund - £25,646.36/£306,000
Page 56
    • enomis
    • By enomis 1st Jan 18, 4:55 PM
    • 32 Posts
    • 105 Thanks
    enomis
    Very happy to report saving of £1163.30 this month, reaching and exceeding my target! I feel like I can spoil myself this Christmas with my December pay check, but I still aim to save as much as I can from it.

    I've also decided to over pay my mortgage with my pay rise but will start that in the new year and feel comfortable doing so now that I have rebuilt my nest egg.

    Thank you slowly fading and all the contributors to this thread.
    Originally posted by enomis
    I didn't do as I said and decided to spoil myself as well as other this Christmas and slightly dipped into my saving to the tune of £37.36. But i'm ecstatic to end the year having saved a grand total of £15,500.

    Well done to everyone!
    Save 12k in 2017 #78 £15,500/15,000 (103.3%)
    • cathybird
    • By cathybird 1st Jan 18, 5:22 PM
    • 3,076 Posts
    • 11,811 Thanks
    cathybird
    Looking at the final results a fair number of people seem to have fallen away in November/December which is a bit of a shame If I had the time I'd go back over all the challenges so far and work out things like the percentage of people who finish compared to the number who start. It would be interesting to see. Not meaning to knock those who stop because there could well generally be good reasons for it.
    No. 15 in Save 12K in 2018. £2,437.63/£12,000
    2017: £12,978.51/£12K 2016: £20,880.11/£15K 2015: £25,464.86/£10K
    June AFDs: 19/21. 2018 AFDs: 145/260. 2017: 306/252
    Mortgage 1/6/18: £46,436.38. 46,286.38 Paid off: £150
    • Karen's girl
    • By Karen's girl 1st Jan 18, 8:58 PM
    • 63 Posts
    • 286 Thanks
    Karen's girl
    #28 declaring £556.72 for December, bringing me to a grand total for the year of £6,746.34. That is £253.66 short of the £7,000 I had aimed for but I am very happy with it, as it is still a decent amount. I am looking forward to this year's challenge.....
    _______________________________________________
    Current savings: £18,112.22
    Save 12k in 2016 #87: £6,326/£6,000
    Save 12k in 2017 #28: £6,746.34/£7,000
    Save 12k in 2018 #70: £2,108.31/£7,000
    • CrabbitDutchie
    • By CrabbitDutchie 2nd Jan 18, 11:22 AM
    • 46 Posts
    • 262 Thanks
    CrabbitDutchie
    #46 reporting in - £1474 saved in December and £13184 in 2017 overall. Beating my original target of £12000.

    Looks really good on paper, but my considerable wage increase since setting the target means that £12000 should have been a complete walkover (and wasn't).
    Having said that, holidays in Greece, Italy, France and long weekends in Switzerland, Denmark, Ireland, the Netherlands and Belgium were definitely worth it and without this thread I may have frittered away much more of the extra instead of restricting additional spending to 'just' holidays so still pretty pleased with what I've achieved. Onwards and upwards in 2018!
    Save 12K in 2018 #20 - £9,630/£18,000 (53.5%)
    Save 12K in 2017 #46 - £13,184/£12,000 (109.87%)
    Save 12K in 2016 #184 - £4,608/£4500 (102.4%)
    • darkidoe
    • By darkidoe 3rd Jan 18, 2:31 AM
    • 927 Posts
    • 1,075 Thanks
    darkidoe
    #9 Reporting for £1848.47 for Dec 2017. First year that I tracked my savings rate which is at just under 50%. Total of £15848.84 which is about £4k less than the previous year. I believe lifestyle inflation is creeping up on me through the cracks of daily living. I am not terribly impressed with the numbers but hey ho, I am still in the positive balance which is something to be grateful for. We take what we get.

    I shall be taking part in the Uber Frugal Month Challenge for the month of January 2018 to see if I can improve things on the expenses front and also on take some responsibility for some of the choices I am making on a daily basis. Very useful exercise for the financially intrigued person.

    On another note, we seem have fewer people completing it this year in 2017 compared to 2016, collective savings have fallen. I hope we can pick this up in 2018 and see more people join. Reach out and encourage others to join this useful exercise.

    Hope we all achieved some of our targets in 2017 and even if we didn't, learnt why or how we failed, and try again in 2018! See you all in the 2018 thread.

    "It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat." -Theodore Roosevelt

    Save 12K in 2018 #31 0/15 000
    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!
    • CouponClipper
    • By CouponClipper 3rd Jan 18, 9:27 AM
    • 25 Posts
    • 114 Thanks
    CouponClipper
    #047 reporting for the final month of December 2017 with a sun of £1193.10 the highest amounts of savings for the whole year (although not directly down to my efforts!).

    Total amount saved in 2017 is therefore: £6208.93.

    Unfortunately I fell short of my initial target of £7,000 by £791.07. It's annoying because with a bit of a better plan at the start I may have been able to make up that amount but this challenge has certainly kept me honest and put me in a good frame of mind going into 2018!

    Thanks slowlyfading for sorting all of this!
    Save 12K in 2017 - #47 - £6208.93/ £7,000 (88.69%)
    • Clare43
    • By Clare43 3rd Jan 18, 3:19 PM
    • 78 Posts
    • 145 Thanks
    Clare43
    Happy new year everyone No 89 reporting £2423.51 for December. A bit late reporting as have been at work over Christmas and new year and not had time before. Congratulation to Slowlyfading on your new baby and thank you for all your work running this thread See you on the 2018 thread soon for next update
    • Cottage Economy
    • By Cottage Economy 4th Jan 18, 10:04 AM
    • 961 Posts
    • 4,044 Thanks
    Cottage Economy
    Just to update for November and December to complete the year's spreadsheet.

    I saved £0 on both months.

    As I had reached my savings goal in October, so we put some money towards a few DIY jobs in the house and renewing some of the fixtures and fittings. Also paid for Christmas from my salary so I didn't have to touch my savings for that.

    Well chuffed.

    Thanks to all on this thread for the motivation over the last year and to Slowlyfading for doing all of the running around that goes with it.
    'Save £12k in 2018' £3000/£6,000 (50%)


    "...success in personal finance isn't about mastering the technicalities. It is about mastering yourself."
    • excelwizard
    • By excelwizard 13th Jan 18, 5:17 PM
    • 24 Posts
    • 133 Thanks
    excelwizard
    Update for November was + £325.31 and December was - £620.28. I would have broke even (and then some) but we've booked a trip to Australia so as you can imagine that stalled the savings quite a bit!!

    Total: £8507.30 for 2017 - on to 2018!!
    Last edited by excelwizard; 13-01-2018 at 5:19 PM.
    GOAL: Save £25,000 - current total £16,900
    Save £12k in 2017 #186 - £8,507.30 / £10,000
    Save 12K in 2018 #113 - £3441.56 / £6,000
    • emincosi
    • By emincosi 10th Mar 18, 2:44 PM
    • 39 Posts
    • 171 Thanks
    emincosi
    Apologies all for having been MIA for a few months. It's been nuts. I ended the year with 9564GBP instead of 15k (BOO!).

    However, a pay rise + a nice bonus payment will help this year hopefully. So I have quite ambitious goals. I'll be joining the challenge if ok too?

    Can I be put down for 20k this year please?

    THANK YOU!!
    Save £12k in 2018 challenge: £0/20k
    Save 100k by March 31st 2021: £22133/100k
    • slowlyfading
    • By slowlyfading 13th Mar 18, 9:33 PM
    • 12,926 Posts
    • 74,232 Thanks
    slowlyfading
    I've just updated the spreadsheet for the final time and as a group we have managed to save a massive

    £1,294,396.35


    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 - 6 / Ultimate Dream Fund - £25,646.36/£306,000
    • ambitiouspanda
    • By ambitiouspanda 29th Apr 18, 1:04 PM
    • 62 Posts
    • 40 Thanks
    ambitiouspanda
    Hi, can I join for £5000?
    **2018 G O A L S**
    1) Save £3000-4000!
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

2,110Posts Today

8,380Users online

Martin's Twitter