We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
The "Save 12k in 2020" Thread!
Comments
-
Xenon said:# 100 Xenon
April £1048
Flat Deposit & Costs £ 132,148#113 12K in 2020 Challenge #113 £17,103/£12,000 £150003 -
Thanks to a bit of a bounce in my S&S ISA and not being able to go out and spend money, #47 reporting £4050 this month.GOAL:- £400k in Savings by March 2026 SAVINGS: – £382,327 COMPLETE GOALS - Debt Free, Mortgage Free, £350k Savings Save 12k in 2025 #41 = £15,849 / £25,0002
-
funkymonkey said:Xenon said:# 100 Xenon
April £1048
Flat Deposit & Costs £ 132,148
3 -
Reporting £15,000, which sounds impressive but it is largely some S&S ISA recovery after a vertiginous fall last month. I also cancelled two holidays and regular events throughout the year, and I only spent £300 all April (nearly all on food and drink!).
I’m feeling a bit financially happier than last month and my job still seems secure for now so I am putting back plans to retire for 12 months. It doesn’t seem worth finishing work just to be in lockdown sitting at home.
Everything seems so uncertain that another year's money is welcome, especially when I saw how quickly it can disappear. I think post-Covid there will be reorganisations in work anyway, so I’ll stay a bit longer to see what that entails for me.
Good luck and good health everyone.
Save £12k in 2022 thread #7:
Save £10,000 Jan-May 2022 THEN RETIRE!!
Final total for (half) year: -£4,0006 -
Reporting £1,728.61 for April 🙌🙌🙌 form has been submitted. That includes all cash savings, interest, payments into my LISA (my main goal for saving currently) and my LISA bonus. Didn’t include my LISA bonus last month but decided it makes sense since I’m including interest and it’s additional money going into the pot. I’m not factoring in losses/gains as that’s not really relevant to me right now since the money is locked up for over 30 years (although i did have gains this month). Won’t have any commission in may so next month might be slightly lower 😑4
-
#42 calling with April’s final total of £962.29, taking me to just over 25% of my target for the year. The first payment of tax relief was credited into my SIPP in the last few days, which should now help boost my monthly totals as I’m making regular contributions just after each payday. So, still a little bit behind my annual target but closing in on par after a slow start!
Form submitted and many thanks again!Save £12k in 2020 #42 £12,551.25 / £14,000 89.65%2 -
#16 reporting £1100 for April1
-
Am I too late to join in on the action and get a number?
Buy My First House During A Pandemic Challenge
26/7 Nationwide 90% LTV Application Received | 26/7 Soft Credit Search | 4/8 Hard Search | 14/8 Underwriter questions | 17/8 Valuation booked | 19/8 Physical valuation & report received | 7/9 Mortgage offer | 27/11 Exchange & Completion3 -
Reporting in with £3,138.64 for April, and £23,754.15 for the year so far. Lockdown's slowly feeling more normal, although we're fortunate to be out in the countryside so it's easy to escape for a walk - at sunrise I can walk for an hour without seeing anyone else. Not helping the budget much though, increased food spend has more than outweighed small savings from not commuting. And it wasn't the best time to buy a new (to me) car, it has been sitting uselessly outside for the last month.We have been budgeting for some much-needed decoration and general maintenance around the house, but that's obviously on hold now - if this goes on much longer then i'll fold some of that money back into savings.3
-
#6 reporting in with savings of £1,461.12 for April and £4,613.21 for the year. Form submitted.
Am very lucky as I’m able to work from home and am spending very little, so my finances are looking healthier due to the lockdown. As most others, I am desperately looking forward to when the lockdown is lifted, but I’m aware that it could still be a while yet.
Wishing everyone good health and a good money saving May.
B x4
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 350.9K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.9K Work, Benefits & Business
- 598.8K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards