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The "Save 12k in 2021" Thread!

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  • Starting off well (for me) boosted by xmas money and reclaiming over paid utilities. Total of £1269.68 for January (update sheet filled in). 
    Shouldn't think we'll match that in Feb, but the bar is now set! 
  • #69 checking in for the first time with a total for January of £1834.40. Really pleased as it was about 60% of my income for the month- helped by lockdown, self isolating, and generally cutting down on spending (and avoiding the January sales.)

    It is split into 2 ‘pots’ spread over several accounts. One for my son who wants to train to be a pilot ( ‘only’ about £100k 😳), and the other for me to hopefully give up teaching in 3 or 4 years time.

    So it’s £958.32 for flight training, £876.08 for early retirement. 
    Save £12k in 2021: Jan £1834.40, Feb £1692.81
  • 34 checking in with £1137.16 for January. I've changed what I'm doing for this year and including net contributions to my SIPP as with the new job, far more is going in that direction than previously.
    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 2025
  • Jami74
    Jami74 Posts: 1,296 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Last year I recorded my savings as an increase (or decrease) in cash balance.

    This month (partly due to some unpaid wages) my cash balance has only increased by £9.11. I still put money into various savings accounts and I made my first investment into an S&S ISA of £500 (which is now only worth £480  :lol:). 

    I think I'll carry on using my balance change as 'savings' which means sadly for January I have only managed to 'save' £9.11
    Debt Free: 01/01/2020
    Mortgage: 11/09/2024
  • Xenon
    Xenon Posts: 267 Forumite
    Part of the Furniture 100 Posts Name Dropper
    Xenon # 37
    Jan £855
    Mortgage Deposit and costs £141,082
  • Sorry for late reply No 44 reporting a total of £1364.57 for January spreadsheet updated 

    Mortgage Amount Outstanding £116,682.20
    2025 Mortgage-Free Wannabes #49 £1401.29/£1,250 (104.74%/100.00%)
  • darkidoe
    darkidoe Posts: 1,129 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    #6 Reporting 2166.98 for month of January!
    Glad I got a single digit this year! :)

    Save 12K in 2020 # 38 £0/£20,000
  • Suffolk_lass
    Suffolk_lass Posts: 10,327 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    #26 reporting in with £864.80 for January. One of our RS accounts matures in February but as I have already counted the monthly contributions it will only include the interest (it was a 5% so cash increase will be a smidge over 2.5%)
    Save £12k in 2025 #2 I am at £4863.32 out of £6000 after May (81.05%)
    OS Grocery Challenge in 2025 I am at £1286.68/£3000 or 42.89% of my annual spend so far
    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 here
  • LealeaV
    LealeaV Posts: 82 Forumite
    Tenth Anniversary 10 Posts Combo Breaker
    #47
    Reporting a good month for me, I managed to save £1533.89!!  This is a bit higher than I would normally be able to save, due a few different reasons, lockdown, so I am spending less, time off from work, so I saved on fuel and I had some money from a friend who had been staying over.  
    Going to have a read through the comments later to see how everyone else is getting on.
  • Sandyra
    Sandyra Posts: 293 Forumite
    Tenth Anniversary 100 Posts Name Dropper Cashback Cashier
    edited 1 February 2021 at 1:40PM
    #32, reporting £1000 for January, thanks slowlyfading 

    MFW 2025 #32 £4,926.23/£3,000; MFW 2024 #32 £4,217.84/£3,000; MFW 2023 #32 £5,238.84/£4,000; MFW 2022 #32 £8,246.43/£8,000; MFW 2021 #32 £8,982.73/£8,000; MFW 2020 #32 £12,000/£6,000

    Save £12k in 2025 #48 £11,200/£14,000; Save £12k in 2024 #26 £13,055.37/£6,000; Save £12k in 2023 #31 £11,500/£6,000; Save £12k in 2022 #32 £7,180.24/£7,000; Save £12k in 2021 #32 £9,500/£8,000; Save £12k in 2020 #147 £9,370/£8,000

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