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The "Save 12k in 2020" Thread!

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  • Jazee
    Jazee Posts: 9,448 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    We're back to where we were eighteen months ago savings wise, but to be expected.  Am hoping DH will be able to find part time work in the new year once he's fully recovered.
    Spend less now, work less later.
  • cathybird
    cathybird Posts: 15,625 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    hi all, no. 10 here reporting £328.90 for November, bringing my total for the year so far to £10,780.43. Suspect I won't quite manage the target now with one month to go but happy to get close. :)

  • Not a great month, initially £1,507.18 added to savings and additional SIPP contributions however I also had to take £529 out of my savings to pay for several vets excess fees and an expected bill. I am expecting£150 of that to be returned as I overpaid my vets. I know December will be expensive too (expensive dog trainer visit plus Christmas) it would have been even less saved but I used some of my birthday money to pay my annual building insurance. I do actually have a spare unaccounted for £400 odd but I’ll factor that in next month once I decide if I will buy anything with my birthday money or not. 

    So November total stands at £978.18
  • Hi

    #6 reporting in with saving of £1,926.77 in November, for an overall total for the year of £15,656.97/£15,000.

    I’m over the moon to reach my target a month early. I have been extremely lucky to work from home since March, which has reduced some of my outgoings, and I used some other money to pay off my car loan 18 months early so I was also able to put that money towards savings. I will have a little less savings for December, and I already can’t wait to do this challenge again next year.

    Form submitted.

    Huge thanks to @slowlyfading for all you do on this thread.

    B x
  • £-1693.77 for November -  overlap of tenancies, deposit for new place and not got deposit for old place back just yet, and general expense of moving (and it's not over yet, but I should get my deposit back mid December which will  help)
    Start mortgage date: August 2022; Start mortgage amount: £240,999; Original mortgage free date: August 2056
    Current mortgage amount: £226,957.97
    Start student loan 2012: £29,750; current student loan: CLEARED July 2025
  • Xenon
    Xenon Posts: 264 Forumite
    Part of the Furniture 100 Posts Name Dropper
    edited 1 December 2020 at 6:31PM
    Xenon # 100
    November £1320
    Mortgage Deposit/Costs £139,148
  • #52 reporting £1000 for November - I might not meet my target with Xmas coming up, but grateful that I have been able to top up my emergency fund this year. 
    Save £12K in 2020 #52 £11625.33/£12,000
  • Westie983
    Westie983 Posts: 5,215 Forumite
    Tenth Anniversary 1,000 Posts I've been Money Tipped! Name Dropper
    £450.00 declared for November - I'm hoping to squirrel some more away this month, or at least get £250.00 together, 

    Westie983
    I’m a Forum Ambassador and I support the Forum Team on the Banking & Borrowing, and Reduce Debt & Boost Income boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySaving Expert.
    Save 12k in 2023 #58 Total (£4500.00) £2500.00/£5000 = 50.00%
    Sealed Pot Challenge ~17 #24 Total (£55.00) £0.00/£500 = 0.00%
    Xmas 2023 £1 a Day #13 Total (£85.00) £344.00/£365 = 94.24%
    Virtual Sealed Pot #1 Total (£500) £550.00/£500 = 110.00%
    £2 Savers Club 2023 #17 Total (£25.00) £45/£300 = 15.00%
    The 365 1p Challenge 2023 #7 Total £656.19/£667.95 = 98.23%
    Total £4095.19/£7332.95 = 55.84%
  • slowlyfading
    slowlyfading Posts: 13,429 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Spreadsheet updated! I hope everyone is doing well.
    We're in the home straight now, so to speak. I have exceeded my target early, so anything now is a bonus B)
    Be who you are and say what you feel because those who mind don't matter and those who matter don't mind.
    Personal Finance Blogger + YouTuber / In pursuit of FIRE
  • Gem-gem
    Gem-gem Posts: 4,640 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    November - salary and dividends
    £2462.00 woo hoo!
    £24657.75 for the year
    Hoping to get to £25k by the end of the year. 
    2025 Fashion on a ration 0/66 coupons
    2025 Frugal challenge
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