Can't renew tax because Insurance docs not arrived. Going away Easter!

kazd

AdrianHi wrote: »

It's a great idea, the interest charge on paying for insurance and car tax monthly is usually more expensive than borrowing from other sources, much better to save up through the year instead.
Household insurance, insurance and tax for 2 cars all fall due around November every year. We plan ahead for it so we can pay cash on the day for all of it.

It is the old jam jar mentality but it works, I also save £90 into an Extra Curricular Account, this was started when ds1 came home with a ski trip letter, I worked out I needed to save £60 per month for this, but then this year he had another ski trip and dd had a trip to France, so I upped it to £90 and he wants to go on ski trip next year. Just need ds2 to come home with his school trip and then I am stuck.

I also have another pot which started at £75 per month for kids xmas presents but I upped that to £125 and that also gives me £200 ea for their birthdays - nowadays though that has to pay for their presents and their birthday treat.