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The "Save 12k in 2020" Thread!

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  • Hi SF,

    Hope you had a nice Christmas and new year - seems ages ago now!

    Anyway #51 reporting a cheery £307.82 for January.

    Many thanks
    2025 financial goals & challenges!

    1). Mortgage (started Jan 2024) £107,542.12 / £122,400.00 Overpayment total: £904.60 (Inc Sprive yr 1 o/p £19.16 & £55.34 reg monthly overpayment) Equity 27%

    2). #7 Save 1p a day challenge 2025 £150/£780

    3). £2109.85/£3000 in Investment ISA (34/50 investments)

    4). Increase cash savings & saving pots

    5). Keep debt to a minimum.

    Favourite quote: 'Life is like a box of chocolates, you never know what you're gunna get!' Forrest Gump
  • slowlyfading
    slowlyfading Posts: 13,429 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    clarissa62 wrote: »
    Hi SF,

    Hope you had a nice Christmas and new year - seems ages ago now!
    I did, thank you for mentioning :)
    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
  • slowlyfading
    slowlyfading Posts: 13,429 Forumite
    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 + YouTuber / In pursuit of FIRE
  • delta13
    delta13 Posts: 322 Forumite
    Sixth Anniversary 100 Posts Name Dropper
    HI Slowlyfading, could I please amend my target from £12k to £10k? Decided to (finally!) learn to drive this year, and having researched the price of lessons and tests etc, I've realised I won't be able to meet my initial target at all - £10k is much more realistic :)
    Save £12k in 2022 = £3705.97/ £7,500 (49%)
    Save £12k in 2021 #76 = £11,857.21/ £10,000 (118%)


  • rnl
    rnl Posts: 2 Newbie
    Please can i sign up - plan is to save £12,000!
  • Happy Lunar New Year, 12k’ers!
  • slowlyfading
    slowlyfading Posts: 13,429 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    delta13 wrote: »
    HI Slowlyfading, could I please amend my target from £12k to £10k? Decided to (finally!) learn to drive this year, and having researched the price of lessons and tests etc, I've realised I won't be able to meet my initial target at all - £10k is much more realistic :)
    Not a problem - done! :)
    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
  • slowlyfading
    slowlyfading Posts: 13,429 Forumite
    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 + YouTuber / In pursuit of FIRE
  • Gem-gem
    Gem-gem Posts: 4,626 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    And another two invoices have been paid. That's the last of the back pay.
    £1550 deposited into my savings account. That is £1850 that will be added to February's savings.
    2025 Fashion on a ration 0/66 coupons
    2025 Frugal challenge
  • zafiro1984
    zafiro1984 Posts: 2,529 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    I thought I was doing OK until a couple of invoices dropped on the mat. I've now got to take 319.99 off my Jan total. I'm going to wait until the end of the month before I post the total because I need to see the final savings on the household spends.
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