Giving every £ a job

Blackcats

Thank you for sharing your approach @Spendywendywoo.  I seem to be ok with more static savings pots such as my repair/replace pot.  I have a minimum balance that I think it needs and when I spend from it I save to top it up to that level again.  However, because we are thoroughly embracing our retirement freedom we have lots of mini breaks and therefore I can't seem to get a grip on what we are spending and planning to spend.  So because it's a pot of money I might be paying a deposit for a 2026 trip whilst spending on a trip here and now.  

For example, we are away now and I paid for the ferry in March and the accommodation in June and we are now using spending money.  Meanwhile I need to pay a deposit for a trip next year.  Maybe each holiday needs a saving pot that reflects its costs and then as and when they become due I take them from that specific pot.  It's worth a try I think.  Wanders off to test the proof of concept 😎

joedenise

We like lots of holidays too @Blackcats.  I use YNAB and I have a pot for every holiday - I tend to use Regular savers for the bulk of the holiday but also save in a general Holiday pot which will cover short breaks in our motorhome.

Don't think I would cope without separate pots for each holiday!