The "Save 12k in 2020" Thread!

tara747

My November 2020 update:
I managed to save £4,514 (almost half of which was interest on NS&I 3-year bonds, which have now matured - will we ever see 2.2% interest again??).
So far in 2020 I’ve saved £33,472.
My new grand savings total is £195,429  I'd absolutely love to hit £200k this year - there is no chance of that with just one pay cheque to go, but I'm delighted with my progress. Lockdown has been very kind to us savings-wise, we've been lucky.

tommyedinburgh

Can’t be long until the 2021 thread is announced. I’m sure it was early December last year the 2020 thread was created. 

Big year for for us next year after extensive renovations since the summer. Time to save, save, and save. 

geoffers4

 Just checking-in to see what the Totaliser spreadsheet is saying for everything saved since this thread started in 2012...and we're just £43k short of a cool Ten Million!! Can we get there before the end of 2020, people?
https://docs.google.com/spreadsheets/d/1h194WFQsBZIhQsI4OFN-2hdSNBO87Wpqh4X3ODEHqLI/edit#gid=894174059

Suffolk_lass

Ooh @geoffers4 - how much do I like that stat!? (where is that jumping up and down, clapping emoji when you need it!)

danby22

Hello Slowly, late update for November.. #141's savings add up to £1350 for November.
Thank you !

lantanna

I’m also thinking about 2021 already, my targets going to be 15k. Must keep an eye out as I’d love the same number

steves_uk

In the spirit of paying myself first, savings contributions for December are as follows:

DD JISA - £102
DS JISA - £102
Sharesave Scheme - £0
Sharematch Scheme - £30
Personal ISA - £383.75

September total - £617.75
2020 total - £8,500

So... I'm £3,500 off my target for 2020, with no more payslips left
It was always an ambitious target as I'm coming to the end of a whole house renovation which hasn't been cheap and was difficult to estimate, however hopefully with pretty much everything in the house now replaced - there shouldn't be many surprises next year!
I've got some bits selling on ebay which might mean I can make an additional top up before the end of 2020, so I won't use the update form until the month is out.

Although I missed my target, I end 2020 with no debt (other than mortgage), and with a S&S ISA that's just ticked over 5 figures which is nice to see!
This is the first year I've tracked my earnings/spend/savings in detail and I definitely feel like knowing the detail/data is helping me make better decisions. Far better knowing where I stand than assuming!
I hope others have had a good saving year and did better with their targets! I've been dipping in and out of the thread and there are some fantastic habits formed here!

Suffolk_lass

steves_uk said:

In the spirit of paying myself first, savings contributions for December are as follows:

DD JISA - £102
DS JISA - £102
Sharesave Scheme - £0
Sharematch Scheme - £30
Personal ISA - £383.75

September total - £617.75
2020 total - £8,500

So... I'm £3,500 off my target for 2020, with no more payslips left
It was always an ambitious target as I'm coming to the end of a whole house renovation which hasn't been cheap and was difficult to estimate, however hopefully with pretty much everything in the house now replaced - there shouldn't be many surprises next year!
I've got some bits selling on ebay which might mean I can make an additional top up before the end of 2020, so I won't use the update form until the month is out.

Although I missed my target, I end 2020 with no debt (other than mortgage), and with a S&S ISA that's just ticked over 5 figures which is nice to see!
This is the first year I've tracked my earnings/spend/savings in detail and I definitely feel like knowing the detail/data is helping me make better decisions. Far better knowing where I stand than assuming!
I hope others have had a good saving year and did better with their targets! I've been dipping in and out of the thread and there are some fantastic habits formed here!

That's a great post @steves_uk I wish we had been savvier earlier. We finally reached nirvana this year, having cleared all the other debts two years ago, the mortgage has gone too and although our savings have dipped this year, so has our income, with both of us retiring ahead of state pensions and relying on small pensions and our saved capital. It's a great feeling

[Deleted User]

Hi folks, I have been MIA from the forum for a wee while and not kept up with my monthly updates on here.  Will head over to the forms to get up to date shortly.  Great to see how everyone is doing on here and to see some regulars posting.  Thanks for the update @tara747, you are one of the savers here that I find hugely inspiring.  Well done on reaching the almost £200k mark.  @geoffers4 thanks for the totaliser spreadsheet update.  That's an unbelievable amount!  @slowlyfading thanks for running the thread and apologies for not keeping up to date for the last few months.  

[Deleted User]

That's me updated the forms now and I think I have reached my target (will wait for final spreadsheet count).  I see @tommyedinburgh has mentioned the 2021 challenge and I agree, I am up for it next year too.  This challange has been a great motivator for inspiration for me.  Please count me in for 2021 @slowlyfading if you decide to run the challenge again next year.  I hope you do as I love being part of it.