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The "Save 12k in 2020" Thread!

edited 6 January 2020 at 6:36PM in Savings & Investments
1.1K replies 62.8K views
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Replies

  • eandjsmumeandjsmum Forumite
    465 posts
    Tenth Anniversary 100 Posts Combo Breaker
    ✭✭
    Count me in again I may manage £8000 although probably will not be working this time next yer.
    Happy new year everyone
  • Saving_GlutSaving_Glut Forumite
    212 posts
    ✭✭
    Hi

    Thank you for organising - please count me in for this £12k in 2020 challenge.

    Saving Glut (saving by name and saving by nature!):rotfl:
    IO BTL1 Mortgage was £97,693.54 on 09/08/18; £83,140 on 31/12/19.:D
    Sealed Pot Challenge 12: #078: £150.36
    Save £12k in 2020;
  • lantannalantanna Forumite
    3.4K posts
    Ninth Anniversary 1,000 Posts
    ✭✭✭✭
    Hi,

    can I join please? This is the first year I’m able to save anything after being silly in my 20s and 30s. I’ve repaid all my debt and now funnily enough the year I’ve turned 40 I feel I’ve finally grown up and I’m ready to save.
    2021 low buy year in order to buy a house
    12k savings 2021 £ 634.84/ £15000 # 25
    Mortgage deposit £6000.00/ £20,000 target
    Target date to buy: June 2022
    Fees etc £403.83/ £5000 target
    Debt : £1157.67 Credit Card
  • lantannalantanna Forumite
    3.4K posts
    Ninth Anniversary 1,000 Posts
    ✭✭✭✭
    my target is 7 k
    2021 low buy year in order to buy a house
    12k savings 2021 £ 634.84/ £15000 # 25
    Mortgage deposit £6000.00/ £20,000 target
    Target date to buy: June 2022
    Fees etc £403.83/ £5000 target
    Debt : £1157.67 Credit Card
  • MndMnd Forumite
    1.7K posts
    1,000 Posts Fourth Anniversary Name Dropper
    ✭✭✭
    Good morning, I need to adjust my target please to 24000 as part of my plan was 2k ppi due. This has now been paid, so the bridge saving is now a straight 2000 a month!

    Thanks and sorry to mess you about!
    No.79 save £12k in 2020. Total end May £11610
    Annual target £24000
  • edited 27 December 2019 at 10:32AM
    6figureincome6figureincome Forumite
    4 posts
    edited 27 December 2019 at 10:32AM
    I'd like to join in, please - my goal is £6,040 for 2020. Looking forward to getting started! Thank you.
    Aiming for FATFIRE... :beer::j:T
  • slowlyfadingslowlyfading Forumite
    13.4K posts
    Part of the Furniture 10,000 Posts Name Dropper
    ✭✭✭✭✭
    Spreadsheet updated :)
    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 / In pursuit of FIRE :)
  • DesertRoseDesertRose Forumite
    3 posts
    MoneySaving Newbie
    Hello all,
    Please put me down for £7,000 for 2020.
    I’m a really good saver, but I just got a bit too frugal and in effect, stopped living, really.

    The aim is £550 or thereabouts a month.
  • Owen1991Owen1991 Forumite
    60 posts
    Third Anniversary 10 Posts
    Put me down for £9000 please!

    2019 didn’t go as planned but hoping to do a little better this year!
    12k in 2020 - £4750 Saved
    12k in 2019 - £4000 Saved
    12k in 2018 - £9000 Saved
  • Wentthedaywell?Wentthedaywell? Forumite
    601 posts
    Eighth Anniversary 500 Posts Name Dropper Photogenic
    ✭✭
    DesertRose wrote: »
    Hello all,
    Please put me down for £7,000 for 2020.
    I’m a really good saver, but I just got a bit too frugal and in effect, stopped living, really.

    The aim is £550 or thereabouts a month.

    Aw, that's a shame, DesertRose, I hope this thread gives you a better balance. We're a helpful and friendly lot :)

    Saving gives us a more, not fewer, options for a fuller life, but it is easy to get a bit carried away with savings targets and miss never-to-recur opportunities now.
    Save £25k in 2020 #5:
    June - new target: to make up £20k S&S loss and save £15,000
    Dec: £26,000 173%

    Save £12,000 Jan-June 2021
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