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The "Save 12k in 2020" Thread!
Comments
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Good Morning everyone,
#51 happy to report £692 for June. One more pay cheque and then enter the murky waters of no job for the summer, joining the millions who have or will be laid off because of Covid. I've now lost my job but with kids at home being home schooled in a way I am happier to focus on one task instead of failing both work and home schooling. Every joint crossed I can pick up a seasonal job in the autumn, a part time job or even a bit of voluntary work (I'm a worker by heart). Sending lots of support out to anyone else in the same or similar boat. Its really difficult times and we can do it!
2025 financial goals & challenges!
1). Mortgage (started Jan 2024) £104,822.45 / £122,400.00 Overpayment total: £1015.28 (Inc Sprive yr 1 o/p £19.16 & £55.34 reg monthly overpayment) Equity 27%
2). #7 Save 1p a day challenge 2025 £360/£780
3). £2,249.06/£3000 in Investment ISA (35/50 investments)
4). Increase cash savings & saving pots
5). Keep debt to a minimum.
Favourite quote: 'Life is like a box of chocolates, you never know what you're gunna get!' Forrest Gump6 -
#93 declaring for June. £587.74. Have upped my target from 7k to 12k. Good luck to all weathering these uncertain times.4
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Spreadsheet updated
I hope everyone is okay.
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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Reporting: £1387.69 for June
made up of salary and interest.Total for the year: £16,541.00
Bountiful amount of good wishes to all who face uncertain times.2025 Fashion on a ration 0/66 coupons
2025 Frugal challenge3 -
Bumping this thread up the pages again.2025 Fashion on a ration 0/66 coupons
2025 Frugal challenge2 -
If you bookmark it and then go to all bookmarks you can find it again and it will take you to the first post you have not seenGem-gem said:Bumping this thread up the pages again.Save £12k in 2025 #2 I am at £10,020.92 out of £6000 after September
OS Grocery Challenge in 2025 I am at £2234.63/£3000 or 74.49% of my annual spend so far (not going to be much of a Christmas at this rate as no spare after 9 months!
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 thread
My new diary is here3 -
Thank you for this little tip.Suffolk_lass said:
If you bookmark it and then go to all bookmarks you can find it again and it will take you to the first post you have not seenGem-gem said:Bumping this thread up the pages again.Gem-gem2025 Fashion on a ration 0/66 coupons
2025 Frugal challenge1 -
Hello 😊. No 13 reporting in late with April and May figures after having a very hectic time at work (NHS ) £1993.59 for April and £1600.95 for May. Hopefully won’t be so late with June figures. 2 update forms submittedSave 12K in 2020. Number 134
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Am I able to join in? Been saving each month of 2020 so far and am aiming for at least £12k 3
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After having been a homeowner for nearly a year and a half now, I have finally made my first ever mortgage overpayment! Whilst I probably should've started this sooner, I think what has prompted me to start this is seeing my interest rates on my saving accounts continue to fall!
It's crazy to see how much interest I pay per month relative to how much is actually taken from my bank account, looking forward to seeing that monthly interest figure going down in the future as my overpayments really tackle my balance!"If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes” Warren Buffett
Save £12k in 2025 - #024 £1,450 / £15,000 (9%)3
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