The "Save 12k in 2020" Thread!

Lomcevak

Reporting in with £9,293.14 for March, with top-ups to use up the last of the ISA and pension allowances. Timing could have been better, I avoided the initial drop in stock markets but not the second drop, but as things started to develop in February I took a decision to stay on plan, not change my asset allocation, and not try and time anything. Still feel happy with that decision. 

I was expecting to start some general renovations and redecorating work next month, but that's now all on hold until later in the year when the lockdown starts to clear, so for now it's a case of hunker down and wait - fortunately my job is easy enough to do from home.

Stay safe everyone!

clowning

SuperLooperSaver said:

Hi all.

Number 40 reporting £941.07 for March.  That includes some LISA interest.  I've submitted the form.  I've saved more this month due to the lockdown.

I hope everyone is well.
P.S. It's my birthday (so more saved there).

Happy birthday 

SamSam17

Hello all! 
Hope you're all well!
Haven't posted since the new year It's crazy how things have changed since then!
#110
Jan - Mar : £1750 *3 = £5250.

SamSam17

SuperLooperSaver said:

Hi all.

Number 40 reporting £941.07 for March.  That includes some LISA interest.  I've submitted the form.  I've saved more this month due to the lockdown.

I hope everyone is well.
P.S. It's my birthday (so more saved there).

Happy birthday!

george4064

#21 reporting £5,225.20 for March.

Discretionary bonus from work included in March pay packet, and usual regular saving, AVCs and other payments went through as normal.

What I did do this month was make extra contributions to my S&S ISA from cash held in Marcus, and I will (for the first time ever) use up the full ISA allowance for the 2019/2020 tax year! S&S ISA contributions have been used to rebalance the portfolio, buying more shares in the investment trusts and ETFs that I own.

I have got a HSBC 5% RS maturing in April and a First Direct 5% RS maturing in May, really not inspired by the new RS rates so I need to have a think about where to move them once they mature. I probably will end up opening them both again at 2.75% but its such a drop from the previous 5%!

Similar to geoffers4, I don't count any S&S ISA gains/losses to my monthly amounts so no effect here and certainly keeping to the same course with managing my portfolio.

steves_uk

In the spirit of paying myself first, savings contributions for April are as follows (I've updated the easy update form):

DD JISA - £100
DS JISA - £100
Sharesave Scheme - £220
Sharematch Scheme - £30
Personal ISA - £140

March total - £590
2020 total - £2,387

Hoping the Sharesave/Sharematch schemes and my ISA funds are on sale at the moment given the markets are tanking!!

KeepOnKnitting

Almost my best month ever, but certainly my best without help from a student loan or any gift money. Form filled in. All this overtime combined with lockdown has made quite an impact on my finances, if I can only avoid getting the virus at work. 

Suffolk_lass

I have just submitted my form £621.56 this month. Dividends yesterday gave me a little lift of over £64. I resisted the urge to look at the stock prices. Just looking at the income was just fine for me!

bioboybill

#22 reporting in with a better than expected £1,160.70 for March. Update form completed and target for year raised to £10K. Had a bill of £800 to pay for my wife's dental work, but saved more than normal due to lockdown. I am on 12 weeks social distancing due to being an asthmatic, so not much to spend money on. Hope everybody is keeping well.

Mnd

Number 79 reporting March saving £2101. I haven't included an outstanding amount of £633 due from first choice holidays. I will count that chicken when I see it in my credit card refund
Total for year now £6230
April looks OK but see what happens with everything going on
Update form completed. Thanks SF for your work