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The "Save 12k in 2020" Thread!

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  • Number 26 declaring £1,441 this month into the regular savers etc.

    First time we've done this challenge and can honestly say it's helping us to stay disciplined.

    I like doing a few football coupons at the weekend. Thinking of banking half the winnings into an unused current account and adding the monthly sum to this.
  • Hi,

    #40 here.

    I've submitted my first ever form. £481.15 saved in January. I am happy with that. It was nearly a bit more, but I bought a summer festival ticket last minute, following a great line up announcement.

    I think this thread helps my motivation, for example it seemed to be the only reason I didn't get a takeaway one evening.

    Well done and keep going everybody.
  • #6 updating with £981.27 for January. Form submitted.

    Haven’t been able to save as much as I would have liked in January, but am happy with what I have been able to do so far.
  • george4064
    george4064 Posts: 2,928 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    #21 declaring £429.94 for January!

    Paid down a deposit for a holiday later this year so number is a bit lower than normal as expected. Solid start for the year but definitely room for improvement in the coming months!
    "If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes” Warren Buffett

    Save £12k in 2025 - #024 £1,450 / £15,000 (9%)
  • I'm in - a little late but in nevertheless. £12,000 for me. £1056 saved in January
  • skid112
    skid112 Posts: 373 Forumite
    Part of the Furniture 100 Posts
    Hi all,
    a good start made by many, must be the season!

    Mine, #19, reporting £1212.46 for January, a good start thus far, long may it continue
    Save 12k in 2020 #19 £12,429.06/£14,000
  • delta13
    delta13 Posts: 322 Forumite
    Sixth Anniversary 100 Posts Name Dropper
    So I always pay a set amount into my savings at the beginning of the month (HTB ISA, Reg saver etc) to get myself into a good start - paying myself first.
    This morning I have been doing some math, and worked out that the money I have left up until payday after my upcoming direct debits and bills have been paid, leaves me with an average of £26.35 per day to live on :eek: - way to much for me as I'm only responsible for myself (and the cat)!
    So have decided to pay myself upfront again, which means that currently for February I'm on a total saved of £549.63 :D

    I've also decided that whatever money I have left over unspent at the end of each week will go into savings, which *fingers crossed* will mean I'll beat last months total a whole week before the end of the month.
    Feeling pretty :A right now haha
    Thanks everyone for taking part and posting regularly, it's great motivation
    Save £12k in 2022 = £3705.97/ £7,500 (49%)
    Save £12k in 2021 #76 = £11,857.21/ £10,000 (118%)


  • Nr 72, figure already submitted:

    Gain in January £1514, Target is £8000.
  • Wentthedaywell?
    Wentthedaywell? Posts: 643 Forumite
    Part of the Furniture 500 Posts Name Dropper Photogenic
    edited 4 February 2020 at 10:46AM
    delta13 wrote: »
    So I always pay a set amount into my savings at the beginning of the month (HTB ISA, Reg saver etc) to get myself into a good start - paying myself first.
    This morning I have been doing some math, and worked out that the money I have left up until payday after my upcoming direct debits and bills have been paid, leaves me with an average of £26.35 per day to live on :eek: - way to much for me as I'm only responsible for myself (and the cat)!
    So have decided to pay myself upfront again, which means that currently for February I'm on a total saved of £549.63 :D

    I've also decided that whatever money I have left over unspent at the end of each week will go into savings, which *fingers crossed* will mean I'll beat last months total a whole week before the end of the month.
    Feeling pretty :A right now haha
    Thanks everyone for taking part and posting regularly, it's great motivation

    Glad you're making a flying start to the year Delta! February is usually a good month for me too - it's a short one, the Christmas credit card has been paid and it's a 'free' council tax month:)

    Though I'm expecting my S&S ISA to take a tumble before the next reporting in.
    Save £12k in 2022 thread #7:

    Save £10,000 Jan-May 2022 THEN RETIRE!!
    Final total for (half) year: -£4,000
  • Gem-gem
    Gem-gem Posts: 4,626 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Submitting £3109.73 for February. Made up of Reg savers, ISA and interest.
    Total of £6724.88 for the year.
    This is around what I saved for the whole of last year.
    2025 Fashion on a ration 0/66 coupons
    2025 Frugal challenge
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