The "Save 12k in 2021" Thread!

A_Random_Man

Sorry for late reply
#44 A Random Man
Total for July
£899.14
Speadsheet Updated 

AuburnEnigma

#40 reporting for June:

• £600 into ISA

• £62.50 into SIPP (£12.50 being tax relief)

• £250 into regular saver

• £2.52 from savethechange

Monthly total: £915.02, YTD: £10,686.54

Over 50% of the way towards my target of £20,000 - I've had my first paycheck from my new job, and I've been told that actually they should be paying me more so I'll have a bit more to contribute in the next few months until I find out if I've passed probation (if I have then my yearly salary will go up by £500). I'll need to work out a budget once I know what my monthly salary will be, but I think approx 50% into my ISA should be feasible.

Just about to update the form - happy July everyone!

geoffers4

Wentthedaywell? said:

It's more of a subject for the pensions thread really, but I do need to seriously consider when to let go of work. I don't even enjoy it now, but the irreversibility is scary and lockdown and WFH have further muddied the waters.

Yep same here, Wentie. I know others have said it's fine once you take the plunge, but I can also see advantages to "one more year" e.g.
*adding some more safety margin into the pot
*the social connections with work colleagues
*having some structure to the week
*bit more time to develop other interests
*can't really do the travel thing at the moment, anyway
*delaying an irreversible decision that can feel like the "first nail in the coffin!"

I suspect for me the final decision may be forced in the end by poor health of several people close to me. Which might sound like a negative reason but not really when you think about it. 

delta13

#76 with a late update for June (been on a lovely trip to the Peaks).

£1073.72 made up of HTB ISA, Regular Savers, Emergency fund and Sharesave via work. 

July will be leaner as I have a few birthdays  to account for this month and early August, and some quarterly/ 6-monthly bills due in the next 2-3 weeks. At the same time, I'm a bit apprehensive about restrictions lifting soon. I doubt very much I'll be increasing the frequency I'll be going out/ socialising so will save some money there hopefully. 

Form submitted.

Wentthedaywell?

Suffolk_lass, Eco-Miser and Geoffers - thank you for your perspectives on when to retire. I agree with all of you. It's a head versus heart decision I think; my head is telling me it's OK to go, my heart is, "Eek! Scary!!".

I have to give three months' notice anyway, so reckon I'll have my last ever office Christmas party (Covid permitting), give my notice in January and go late spring. 

So this could be my last 'Save £12k' year, as next year I could be blowing all my savings as a wild-living retiree! 

lantanna

Finally got round to doing June’s figures. You can tell my heads been off the ball. Minus £1624.  Can’t say I regret it though, I’ve enjoyed a bit of freedom with money over the last couple of months, been quite spendy on the health and beauty front and been doing a fair bit of socialising. Time to get my head down again and exercise a bit of control.  Payday next Tuesday and July will see a positive number again. Glad I know where I am now

lantanna

£493.70 for July form submitted. Saving head is on again thank goodness

becky_rtw

Morning all. Back from hols and reporting £2,100 for July. Off to do form now. 

Jellybaby

Morning all, reporting £1,563.00 for July. Will go and do form now.

geoffers4

Reporting £959.29 for July. Quite a bit of extra expense this month with 1 thing and another. Petrol costs have increased due to lots of travelling around the country visiting/helping poorly relatives and this looks likely to continue for the long term. And we are eating out a bit now (albeit cautiously) so more cost there. I'm learning Spanish at evening classes and really enjoying it, but it's not cheap. OH had her 50th birthday party (Spanish theme....bit of a trend here...) so quite a bit of one-off costs for that. The dog had an unexpected vet bill too. And I splashed out on new running shoes (£40 second hand off ebay!) as parkrun is finally re-starting.  

I was expecting to include a grumpy comment here about our Plusnet broadband costs increasing, as we'd come to the end of our 'new customer special offer'.... but they've offered a deal with double the download speeds for only £1 more per month, so happy with that.