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The "Save 12k in 2020" Thread!
Comments
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Sent updates for Jan-Apr, sorry for being a slowpoke!2
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Good morning
I would like to be part of this challenge this way I will be able to start this challenge with everyone else next year. I think this could motivate me to save more than I am at present. For me this challenge will track one particular savings pot.Thank you in advanceInitial mortgage bal £487.5k, current £258k, target £243,750(halfway!)
Mortgage start date first week of July 2019,
Mortgage term 23yrs(end of June 2042🙇🏽♀️),Target is to pay it off in 10years(by 2030🥳).MFW#10 (2022/23 mfw#34)(2021 mfw#47)(2020 mfw#136)
£12K in 2021 #54 (in 2020 #148)
MFiT-T6#27
To save £100K in 48months start 01/07/2020 Achieved 30/05/2023 👯♀️
Am a single mom of 4.Do not wait to buy a property, Buy a property and wait. 🤓2 -
Pop a form in from post 1Sistergold said:Good morning
I would like to be part of this challenge this way I will be able to start this challenge with everyone else next year. I think this could motivate me to save more than I am at present. For me this challenge will track one particular savings pot.Thank you in advanceSave £12k in 2025 #2 I saved £14,660.97 of £6000 or 244.35% of my target. The 2026 Save £12k in 2026 thread is here
OS Grocery Challenge in 2025 I finished the year at £2880.99/£3000 or 96.03% of my annual spend so I am sticking with a £3000 annual budget for 2026
I also Reverse Meal Plan on that thread and grow much of our own premium price fruit and veg, joining in on the grow your own in 2026 discussion thread
My keep within our budget diary is here2 -
Thank you. Had already done the form before posting on thread. Will wait for updateSuffolk_lass said:
Pop a form in from post 1Sistergold said:Good morning
I would like to be part of this challenge this way I will be able to start this challenge with everyone else next year. I think this could motivate me to save more than I am at present. For me this challenge will track one particular savings pot.Thank you in advanceInitial mortgage bal £487.5k, current £258k, target £243,750(halfway!)
Mortgage start date first week of July 2019,
Mortgage term 23yrs(end of June 2042🙇🏽♀️),Target is to pay it off in 10years(by 2030🥳).MFW#10 (2022/23 mfw#34)(2021 mfw#47)(2020 mfw#136)
£12K in 2021 #54 (in 2020 #148)
MFiT-T6#27
To save £100K in 48months start 01/07/2020 Achieved 30/05/2023 👯♀️
Am a single mom of 4.Do not wait to buy a property, Buy a property and wait. 🤓2 -
Hi all!
Hope everyone is well and dealing well with staying indoors.
# 38 Reporting 4089.87 for the month of April.
One thing i find that is good from all that is going on is I am cooking a lot more at home which is a lot cheaper and also less
outgoing. I hope this habit will continue long after lockdown has ended!
Save 12K in 2020 # 38 £0/£20,0003 -
#70 submitted my forms for end of March and April - £430.20 saved for the two months, not as good as I wanted, but I'm still glad it was something in these uncertain times!
Thank you, SF, for continuing to update the spreadsheet
Save £12k in 2023 - #40 (£0/£5,000)Save £12k in 2022 - #71 (£3,152.82/£5,000)Save £12k in 2021 - #83 (£4,538/£5,000)Save £12k in 2020 - #70 (£4,734.37/£5,000)3 -
Hi,
#003 declaring £500 for May. Form has been submitted too.
Many thanks
Kev2 -
In the spirit of paying myself first, savings contributions for May are as follows (I've updated the easy update form):
DD JISA - £100
DS JISA - £100
Sharesave Scheme - £220
Sharematch Scheme - £30
Personal ISA - £150
May total - £600
2020 total - £2,987
Well behind my target this year - renovating a house with a never ending list of things that need doing makes saving very difficult!Save £12k in 2023 #51 - £20,411.96 / £15k (136.08%)
Save £12k in 2024 #24 - £19,331.23 / £20k (96.66%)
Save £12k in 2025 #53 - £27,209.40 / £20k (136.05%)
I built a new salary tool to help explain deductions and visualise tax brackets. Try it here: salarytools.co.uk3 -
Hello Slowly, bit of a late update..
#141
April savings add up to £750
Form updated too.
Thank you for the efforts!
Cheers.2 -
You're added to the spreadsheet - challenge number 148Sistergold said:Good morning
I would like to be part of this challenge this way I will be able to start this challenge with everyone else next year. I think this could motivate me to save more than I am at present. For me this challenge will track one particular savings pot.Thank you in advance
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
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