Payment a Day - Chapter 2024

Keedie · 10 June 2024 at 11:31AM

Welcome aboard @davidm29, and just have fun with it. You can PAD in whatever way suits you, and send it to debts or savings. Just declare your PAD in bold to help the counter upper keep a track of everything.

My PADs are:

£27 to the emergency fund
£14.06 to the 18th birthday pot
£0.94 cash back to the secret stash

Total of £42

Divingmad · 10 June 2024 at 11:38AM

Morning @davidm29 and welcome to the board,
The saving can be put to pretty much whatever you feel.
Do you have things like an emergency fund set up? If not, this may be a good thing to start putting it towards? Or do you have CC balance that needs paying down? Alternatively, are your balances on a lower interest rate than that you could get by saving it, i.e have a CC balance on a zero percent rate and you could get 4%+ on? In which case it could be worth putting the saving away to get a better rate of interest and pay things off in block amounts? Or a holiday that you want to save for?
The possibilities are endless, we are all PADing to different things and there's no wrong thing to put it towards, it's whatever you want to do with it
DM