New Year, new savings goals..... right?
dmackaywork
Forumite 5 Posts
New Year, new blog, right? Well almost – I’ve been playing around with the idea for a couple of months now – but – figured it was easier to keep track from January onwards, so have a look and feel free to join in if you want!
I’m sure that like most people (if not all) I’ve always wanted more money, whether it’s for savings, holidays, home improvements, to escape debt or to pay for any other number of things. Well my ability to save has never been particularly strong, I am very much an impulse buyer. That tat by the check-out, you wonder who on earth would ever pay actual money for that? Yep, I’m that kind of person.
So with the advent of the New Year, I thought I would put down in writing my targets, how in theory I will get there, and share the journey with you all. Like most people, I will never have that lightbulb moment to create a killer product or the world changing idea (Facebook, Twitter, Uber, the lightbulb itself, radio etc) But with the current state of the internet, there must be a way to use it to make money even in saturated markets, right?
Well, follow me & watch me walk my way towards my goals, to see if either it can be done, or I’m just being wacky! There will be a combination of money making with the internet, a more frugal healthy lifestyle and good old fashioned saving.
The aims for the end of the year are going to be in black and white from Day 1! :
To update the blog at least once a week (ie, every 7 days)
To have a core saving fund of £12,000
To have an emergency savings fund of £2000 (to be kept at £2000 ASAP and above that level)
What you can expect: Little stories of how I’ve gone about it, terrible photos and self-deprecating remarks throughout. This won’t be cold and boring on how to save money, but an actual effort to engage with you all and keep people primarily, entertained and motivated (and to keep me going of course!)
Next time we will have a comprehensive check of our current outgoings, current debt levels and realistic numbers to save with each month just based on current incomes & outgoings and where the belt can be tightened and little techniques we’re trying out to save some extra cash.
NB - also posted on an external site [won't link unless allowed!], but wanted folks input, guidance, tips & cheering if possible from here as well!
Cheers!
Dan
I’m sure that like most people (if not all) I’ve always wanted more money, whether it’s for savings, holidays, home improvements, to escape debt or to pay for any other number of things. Well my ability to save has never been particularly strong, I am very much an impulse buyer. That tat by the check-out, you wonder who on earth would ever pay actual money for that? Yep, I’m that kind of person.
So with the advent of the New Year, I thought I would put down in writing my targets, how in theory I will get there, and share the journey with you all. Like most people, I will never have that lightbulb moment to create a killer product or the world changing idea (Facebook, Twitter, Uber, the lightbulb itself, radio etc) But with the current state of the internet, there must be a way to use it to make money even in saturated markets, right?
Well, follow me & watch me walk my way towards my goals, to see if either it can be done, or I’m just being wacky! There will be a combination of money making with the internet, a more frugal healthy lifestyle and good old fashioned saving.
The aims for the end of the year are going to be in black and white from Day 1! :
To update the blog at least once a week (ie, every 7 days)
To have a core saving fund of £12,000
To have an emergency savings fund of £2000 (to be kept at £2000 ASAP and above that level)
What you can expect: Little stories of how I’ve gone about it, terrible photos and self-deprecating remarks throughout. This won’t be cold and boring on how to save money, but an actual effort to engage with you all and keep people primarily, entertained and motivated (and to keep me going of course!)
Next time we will have a comprehensive check of our current outgoings, current debt levels and realistic numbers to save with each month just based on current incomes & outgoings and where the belt can be tightened and little techniques we’re trying out to save some extra cash.
NB - also posted on an external site [won't link unless allowed!], but wanted folks input, guidance, tips & cheering if possible from here as well!
Cheers!
Dan
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If you want to make a big saving I would advise you to become as self-sufficient as possible.
If you have a back yard try and grow as much food as you can. Get into gardening and learn about vertical growing.
If you have a small back garden but a moderate sized shed you may want to get into Aquaponics which can be a very lucrative hobby especially when you breed Ghost Carp or Koi. Grow Tilapia if you want a fish to eat. You then can use the dirty water to cycle though a Pipe system to grow big leafy greens or Tomatos. Your need a decent Green House though which is well insulated to withstand British winters.
Having a couple Chickens will save you on Egg costs and there are a lot of ways you can feed livestock by producing Algae & Duckweed.
This is my little project at the moment. As soon as I am able to produce my own vegetables, eggs and fish my Shopping Bill will go down to £40 a month lol.