The "Save 12k in 2022" Thread!

Gem-gem

No 10 reporting in...
£300 placed into regular savers but lots of money withdrawn to play for the kitchen units, sink and hob. So declaring £0 for this month. 

It will also be a £0 for June - summer clothes, extractor fan and two ovens. 

ForestBluebells

#4 reporting £1733.35, I had to withdraw a lot to buy a replacement oven otherwise it would have been a bumper month but I’m glad I had the money there when needed.  

I counted the £150 council rebate as savings as I haven’t done anything with that yet. May pay it in to my energy company in October when I’m due to go on to a standard tariff to help soften the blow 😬 I expect my monthly payments to over double as I’m still in a fixed tariff and have missed all the price cap rises so far. 

geoffers4

Reporting £1576.72 for May - had a vet's bill this month (don't do pet insurance), my annual VPN sub (handy for some live sport) and a few other small expenses but nothing major. 

And just to say a huge "bye - missing you already!" to me old mucker Wentthedaywell who retires from work and, apparently, this thread after many years of dedicated saving. I think we both joined the thread back around 2013 so it's a sad day to see you heading off into well-deserved early retirement. All the best to you.

Wentthedaywell?

geoffers4 said:

Reporting £1576.72 for May - had a vet's bill this month (don't do pet insurance), my annual VPN sub (handy for some live sport) and a few other small expenses but nothing major. 

And just to say a huge "bye - missing you already!" to me old mucker Wentthedaywell who retires from work and, apparently, this thread after many years of dedicated saving. I think we both joined the thread back around 2013 so it's a sad day to see you heading off into well-deserved early retirement. All the best to you.

Aww, thanks Geoffers, that's very kind of you.

I'll still be lurking to see how you are all getting on; may even do a Guest Comment  . I was hoping to start spending (cautiously) all my filthy lucre, but I think I will be even more circumspect in the currently economy!

Suffolk_lass

Number 14 reporting in with £700.09 thanks to two bumper (for us) dividend-paying ISAs this month (on very meagre holdings), plus one RS and lots of Tilly Tidying. The capital may have reduced thanks to market fluctuations but the dividends were good.

Just to echo @geoffers4 it is sad to see @Wentthedaywell? hanging up savings boots. There are several of us unwaged folk on here who continue to squirrel money away (in my case, if we feel in any way well off, we overspend, so feeling "poor" (it is all relative) keeps my savings and economising habits true to what were hard-learned lessons here.

I wonder if sharing how we approach our savings might be of interest to others as we go. I know we have done it before, in previous years but in the interests of others, looking to squirrel away a bit for the first time. So here goes:

• I Tilly Tidy both C/A, almost every day (except the dead-zone last 10 days of the month)
• RS - Just one, £250 a month
• Dividends in our ISAs (I ignore capital shrinkage or growth, treating it as sunk money that has gone in terms of budgets)
• PB wins and other interest if I remember (the RS premium when it matures for example

I have finished work and so has my husband. We have both taken our non state pensions as our principal income. Funding the gap before SPA with savings

kev2009

Hi,

#003 declaring £500 for June.

Form has been submitted also.

Thanks

Kev

SuperLooperSaver

Hello all

Number 72 here.  Long time, no posting!  Sorry about lack of reporting my totals, but have just submitted the below updates.  I went back to work after maternity leave at the end of January.  Nursery fees hit before my first pay, hence the big negative sum in January!  I haven't completed last year's updates yet, still hoping to do that before too long.

Jan -£1,109.21
Feb £641.55
March £4.65
April £413.04
May £117.76

Total so far is £67.79.
Hoping to exceed my modest target of £500 this year.

In terms of my savings, I'm £1,900 down on my highest point before the impact of maternity pay struck (last August), so hoping to build it back up steadily.

Congratulations on all who have bought a house, retired etc.  Hope you enjoy any upcoming holidays too.

Merlin's_Beard

£2614.90 for May.

This includes my LISA bonus (the last one!) and the £150 council tax rebate, which was squirreled away.

It does not include the exchange deposit amount, which is now living with my solicitor as exchange has been delayed. I'm counting it as gone anyway!

geoffers4

Suffolk_lass said:

I wonder if sharing how we approach our savings might be of interest to others as we go. I know we have done it before, in previous years but in the interests of others, looking to squirrel away a bit for the first time. 

Happy to share the approach that works for me:

* Aldi for the weekly groceries (or Lidl). Seriously. We previously lived near a Tesco and the grocery bill used to be thousands higher over a year.

* Understand where every penny is going. I use this spreadsheet (feel free to take a copy if useful) to track everything going out & then I can look at totals over a month/year/whatever and consider whether I'm happy at that level or whether I want to cut back.
https://docs.google.com/spreadsheets/d/1uNuaUjIhhhFjInqYcH3-p3ipImCkik3SRgYaELS39uY/
For example I was previously spending a few quid every day at work on coffee and cake, but over a few years that was adding up to thousands of pounds so I just cut it out and increased my monthly savings amount.

* We focus on enjoying activities that are free e.g long country walks with a picnic. No interest in fancy clothes, posh coffees, restaurants, flash cars, keeping up with the Jones's

* Spare cash goes into; top-up pension (tax efficient) and Vanguard (low cost index funds).

atti

#75 reporting in with £445.27 for May (form submitted).

Got my first dividend payouts, a grand total of £1.63!