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The "Save 12k in 2020" Thread!
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Reporting £1895.17 for May. Like everyone else - no meals out, no trips, no pub, no shopping - just the basics.
WFH I've saved £100 on petrol, but on the flip-side we are using Asda click&collect for groceries, rather than risking Aldi, and spend has increased by £80. The waistline has also increased a fair bit!
We also had to pay for expensive flights back from getting caught in Spanish lockdown on holiday - ouch. All remaining holiday plans this year on-hold now though so that will add money back into the pot.Save 12k in 2013-2014-2015-2016-2017-2018-2019-2020-2021-2022 - then early-retired.3 -
Number 79 reporting a very good month for us.. Overtime for me and nonstop sunshine on my solar panels contribute to a May saving of £2804 giving a total so far of 11460 for the year. Thanks slowly fading for your work. Updating form noeNo.79 save £12k in 2020. Total end May £11610
Annual target £240005 -
Number 43 reporting £1483.65. Benefiting from lockdown so no social spends and more intense rota at work meant slightly higher pay. Would still prefer life was back to normal though.
Spreadsheet updated.3 -
£578.43 for May, LISA bonus didn't arrive! Also with being stuck in the house 24/7 I've had plenty of time to remember all the things I've being getting around to getting/updating, so a disproportionately larger spend.
Next month should have a LISA bonus, so hopefully will get me back on track.Start mortgage date: August 2022; Start mortgage amount: £240,999; Original mortgage free date: August 2056
Current mortgage amount: £226,957.97
Start student loan 2012: £29,750; current student loan: CLEARED July 20253 -
£1600.89 for May - will update the form shortly.Save £12k in 2022 = £3705.97/ £7,500 (49%)
Save £12k in 2021 #76 = £11,857.21/ £10,000 (118%)3 -
I'm happy to report £540.94 for May, and even happier to report that I'm back to work tomorrow after months of furlough - hoorah! Here's hoping no more furlough/furlough pay!6
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Great to see so many people saving during the lockdown period! A extra £2,815 for me this month and hoping for an equally good month in June.Save £12k in 2020 = £4,074.62/£15,000 (27.2%) #89
Save £12k in 2019 = £13,580.52/£15,000 (90.5%) #92
Save £12k in 2018 = £17,189.12/£15,000 (115%) #365 -
hi all, no. 10 reporting for both April and May - my apologies for the very late update for April but it's been a hectic month. For April I can report a measly £437.71 and for May a bumper £3,260.03 (April I finished off paying for some flights I took in March, plus had plumbing repairs). That brings my total for the year so far to £7,175.20. Happy with that!
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£437 is by no means measly! If I think back to a year ago I would have been so happy to have that amount in a savings account! The most important thing is just to keep plodding along - it soon builds up!#113 12K in 2020 Challenge #113 £17,103/£12,000 £150003
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Reporting a total of £770.68 for May, spreadsheet has been updated
Mortgage Amount Outstanding £116,682.20
2025 Mortgage-Free Wannabes #49 £1401.29/£1,250 (104.74%/100.00%)
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