The "Save 12k in 2021" Thread!

geoffers4

Hi everyone, Just reporting a tiny £16.04 for this month's savings I'm afraid. A combination of buying a new computer plus a significant birthday for OH which added up to quite a lot of expense but for a good reason. I'll keep my annual target at 18k for the time being and will hopefully get fairly close by December 

george4064

george4064 said:

#27 reporting £1,444.39 for April.

Two regular savers matured this month (HSBC @ 2.75% and Halifax @ 2%), those funds are sitting as cash at the moment and will be deployed in S&S LISA and S&S ISA during May's regular investment cycle.

New HSBC RS would pay a measly 1.0% whilst Halifax RS pays just 0.75%, so have decided against opening new ones and instead the plan is to simply keep a few months expenses emergency fund in Premium Bonds and the rest all go into Stocks & Shares. Not quite at that stage with a further 2.75% Regular Saver and a 1.2%(!) 1 year fixed account both maturing in June. So those funds will eventually form the PB emergency fund with everything else being invested in various ISA accounts.


I also produced a fancy line chart comparing the performance of S&S ISA vs Vanguard FTSE Global All Cap vs Vanguard LifeStrategy 100% from April 2019 to April 2021, including signs denoting when I added or removed cash from the portfolio (2020 onwards). Size of the signs is relative to the size of the cashflow. Fund prices are all rebased to 1.0000 for comparison purposes.

Green = new money, Red = Withdrawal.

Not particularly surprised by the results, however worth adding that S&S ISA has had around 15% to 20% in UK Equity, whilst FTSE Global All Cap is about 5% and Vanguard LS 100% is about 25%.

Also, on a lookthrough basis I estimate my US equity exposure to be about 30% compared Vanguard LS 100% of circa 33% and FTSE Global All Cap's of c. 56%.



Form submitted. 

#27 reporting £1,306 for May.

Pretty ordinary month for me and nothing special/exciting to report. Bit of housekeeping required in early June as various Regular Savers/fixed account matures which will need consolidating into PBs/Marcus, this is my emergency fund.

S&S ISA was pretty much flat for the month, -0.27%.

cathybird

hi all, no. 10 here reporting May savings of £1,021.28, bringing my total for the year so far to £3,488.77.

SuperLooperSaver

SuperLooperSaver said:

Thanks @Suffolk_lass!
I'll submit the 3 forms today. It's looking like about 200 for March, 700 for April -  which includes some ever decreasing interest! - and 300 for May.  Finances are a bit different with a baby!

Keep up the savings motivation everyone.

I've submitted my forms. 

Merlin's_Beard

£985.40 for me - a little mini holiday and the ability to go see friends a bit has put a well earned dent into the savings this month, but all planned and fully appreciated, so no complaints here.

(Except for the regular saver that matured and gave me  a whole £9 interest on the year - I miss 2018!)

AuburnEnigma

#40 reporting for May as follows:

• £1000 into ISA
• £62.50 into SIPP (£12.50 of which was tax relief)
• £250 into my Regular Saver
• £1.25 from Save the Change

This makes a monthly total of £1313.75, and a Year to Date total of £9771.52.

^ I'm pretty happy with this, as I've managed to get all except one of my ISA holdings up to my initial target for them (the one exception is Legal & General but that's being sorted in July). I've started a new job so whilst I will be contributing less each month into my ISA, I can start building up my emergency fund again. Form submitted

A_Random_Man

#44 A Random Man
£920.94 Saved for May
Update Logged. 

Suffolk_lass

Well done @SuperLooperSaver - I had to raid my savings to top up the running costs account. I moved £200 but probably only needed a tenner. Anyway, it means my savings are down by a lump. I'm not including growth in the value of the shares and funds, only the dividends I receive as for me, this is about the savings, not the capital value. I'm considering gifting my share of a house we own to our Son.

Off to submit my form next. Well done everyone

bioboybill

#77 reporting £1249.90 saved in May and form already updated. My savings are going to take a huge hit in the next 4 or 5 months as we have decided to have a small conservatory/garden room built at the back of our house and also to re-do our large patio, which is looking pretty shabby after 25 years since we built the house. We also have a couple of staycations booked. I will continue to save, but large withdrawals will likely have me at a negative figure for the year by the end of December. I'm not disheartened though, because this is the sort of thing we've saved for and we've saved more than ever in the last couple of years.

Alexanderowens

hi SF and all apologies for not updating the sheet in last 2 months. The return to office work and battles that have come with this have took a lot out of me and my computer was the last thing I wanted to switch on at night. 

April and May both been expensive months as I have now started to learn how to drive and I’m trying to get back into some form of shape so have enlisted a personal trainer to help hold me accountable for this 

savings for April £142.76
savings for may £164.56 

I expect this ramp up now I’ve secured a pay rise and increase in commission moving forward for June.