The "Save 12k in 2021" Thread!

Gem-gem

Form submitted. 

£1500 total for February.
Made up of salary, interest and dividends. 

£9500 total for the year. 

lantanna

#25 submitting for Feb £492.84 not bad. I do expect March to be a really good saving month fo4 me.

Lomcevak

#45 reporting in with £5013.71 for February, work's a complete grind at the moment but at least there's lots of overtime and very little opportunity to spend it...

[Deleted User]

Good Morning folks, number 4 slinking in to do a very late January update.  I am decalring £0 for January.  I had put away around £3500 for January but it was promptly transferred out of savings the same day. My lovely OH was in a car accident - he is ok thankfully but his car was written off so we added money to the insurance settlement to get him an new (to us) car.  The whole situation has been really stressful but the one thing that wasn't stressful was knowing we had money in savings to cover the cost of getting another car.  So thanks again to SF for running this thread and the motivation and accountability that really helps.  

Suffolk_lass

Sorry to hear that @[Deleted User] - thank goodness your OH is OK and you had the savings to top up. My DH wrote off our commuting hatchback, and the Ford Puma of the people in front when he micro-dozed on the main trunk road on a Friday night journey home (knackered teacher) - all the air bags triggered and my biggest memory (when I eventually reached him - some time later in a lay-by) was the smell of gunpowder as we emptied the glove box and boot of personal possessions. It's why we save, so these episodes don't derail us. Best wishes

[Deleted User]

Thanks Suffolk_lass glad your DH was ok. I am a knackered teacher too so he has my sympathies. Agree, this is why we save - for situation like this.  Take care.

leftatthetrafficlights

#62 - 2k for Feb, will hopefully have a bit more to add by the end of the month 😉

Alexanderowens

Hi SF and all 

number 61 checking in for month 2, £363.33  banked in the savings accounts. 

Looking to increase the savings target to £6,000 for the year. End of the month is the last payment on a loan and that money will go straight towards the savings. Also Flexi furlough at my work is ending soon so wages should be back to some type of normal. 

Side question when do people think it’s best to add in cash savings to this? I was going do it in December when once i go to bank it and redistribute it in to saving pots. 

becky_rtw

Alexanderowens said:

Hi SF and all 

Side question when do people think it’s best to add in cash savings to this? I was going do it in December when once i go to bank it and redistribute it in to saving pots. 

All of mine is in premium bonds at the moment so I dont have this, but yes whenever works best for you. 
Just something to keep in the back of you mind as you go along if you fall a bit behind target as you can catch up with this last chunk perhaps?

Loving everyone's motivation on here...3 days to pay day for me...*drums fingers waiting for number*

Alexanderowens

Hi Becky 

thanks for the response that what I was thinking come November or December time see if I’ve reached target. If not it’s a nice booster to push me over the line