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The "Save 12k in 2020" Thread!
Comments
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Spreadsheet updated
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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Banked banked my £2 coins today (Metro Bank) So another £250 into my ISA. Will report my new total later in the week once I have been paid.(Metro bank has a coin machine that doesn't charge you to deposit your coins and you can pay in more than five bags, unlike other banks).2025 Fashion on a ration 0/66 coupons
2025 Frugal challenge4 -
Thank youslowlyfading said:
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 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 -
Hello
# 148 reporting £3K for May, form also sent through. ThanksInitial 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. 🤓4 -
Morning all. I'm back and thanks for your messages. DH got an unexpected (small) bonus which has taken us out of negative savings so I'm going to see how near I can now get to my original target.
Spend less now, work less later.5 -
Every cloud has a silver lining and all that jazz, because I’m definitely not returning to work until mid August we will have a further saving on childcare costs. Just off the phone to Nationwide to increase our overpayment by a further £400 per month. A decent amount of positivity in these troubling times.
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Hi, #51 reporting £325.29 for May. I think this will be my best savings for the foreseeable future as I have lost my job and finish in two weeks. Future is daunting but grateful for having some savings. Sending best wishes to anyone else in the same or similar predicament. We can do this!2026 financial goals & challenges!
1). Mortgage (started Jan 2024) £102,000.00 / £122,400.00 Overpayment total: £1239.11 (Inc Sprive yr 1 & 2 o/p £70.93, £5.52 Natwest o/p & £55.34 reg monthly overpayment) Equity 30%
2). #TBC Save 1p a day challenge 2026 £0/£780
3). £2,411.31/£3000 in Investment ISA (33/50 investments)
4). Sensible money choices & debt reduction
5). Lose weight, get fitter and read 12 books in 12 months in 2026.8 -
Very sorry to hear this. I do hope you find something else soon, and well done for having the savings to fall back on.clarissa62 said:Hi, #51 reporting £325.29 for May. I think this will be my best savings for the foreseeable future as I have lost my job and finish in two weeks. Future is daunting but grateful for having some savings. Sending best wishes to anyone else in the same or similar predicament. We can do this!Save £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 here4 -
Also gutted for you.clarissa62 said:Hi, #51 reporting £325.29 for May. I think this will be my best savings for the foreseeable future as I have lost my job and finish in two weeks. Future is daunting but grateful for having some savings. Sending best wishes to anyone else in the same or similar predicament. We can do this!
I am loving you positive comments despite what you are facing, for what it is worth, I genuinely believe that you can do it.4 -
Well done for having that emergency fund to fall back on, and good luck in finding something else.clarissa62 said:Hi, #51 reporting £325.29 for May. I think this will be my best savings for the foreseeable future as I have lost my job and finish in two weeks. Future is daunting but grateful for having some savings. Sending best wishes to anyone else in the same or similar predicament. We can do this!Start mortgage date: August 2022; Start mortgage amount: £240,999; Original mortgage free date: August 2056
Current mortgage amount: £224,460.73
Start student loan 2012: £29,750; current student loan: CLEARED July 2025
Unread owned books Jan 2026: 256
Undone crafts 2026: +14
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