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The "Save 12k in 2020" Thread!

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  • Hello everyone. #48 reporting £467 for January. 
  • bobobski
    bobobski Posts: 771 Forumite
    Seventh Anniversary 500 Posts Name Dropper Chutzpah Haggler
    Hi all

    In stark contrast to the great savings I've just read through, I've had a pretty mixed start to the year!  This started with us buying my engagement ring (not actually engaged yet so hold your congratulations!) - I contributed half, so my savings took a massive hit.  Then again, it was only on 4th Jan, so I'm counting it as having come out of last year's savings...  And I've just bought the boy a new suit for a job interview, and had a nearly £1k MOT/service(!!!), which will both definitely hit this year's savings. 

    So, I think I'm on £465 for January and likely to be £125 (emergency fund contribution only) for February.  But I'll check the maths and submit the form later on - on the mobile right now :)
  • zafiro1984
    zafiro1984 Posts: 2,529 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    A few unexpected bills like x-rays and consultant may have dented this months savings, I'll just have to be extra careful between now and the end of the month.
  • Hi Sf, 

    Its #51 reporting £50.89 for February savings. 
    Every penny counts!  <3

    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
  • #26 adding another £25 to this month after a small bet win. 
  • Mnd
    Mnd Posts: 1,699 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    Asked to work overtime Monday. That will add £55 to savings. Taking Mrs D out tomorrow. That won't help!
    No.79 save £12k in 2020. Total end May £11610
    Annual target £24000
  • bobobski
    bobobski Posts: 771 Forumite
    Seventh Anniversary 500 Posts Name Dropper Chutzpah Haggler
    edited 15 February 2020 at 6:45AM
    Ok, I'm in front of the computer now so I can officially report my January savings as £503 :smile:  I've signed up to the 2020 mortgage-free wannabes challenge this year so I'll be reporting our overpayments separately.

    (Sorry SF, I submitted a lower amount earlier but I forgot to include the compensation we got from our previous internet provider because they overcharged us!)

    Very jealous of all the positive numbers being reported for February - it seems like this month has set out to drain our coffers!
  • I Just got a 10% payrise at work so this year is really going well so far. :) 
    I think im going to hit my 12K target by april at this rate.
    I will carry on submitting what's getting squirrelled away into my savings accounts and may dip into them later in the year with my trip to America but im really aiming to have a closing balance on 31st December 2020 of at least 12K
    #113 12K in 2020 Challenge #113 £17,103/£12,000 £15000
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