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Budgeting in 2025

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Jami74
Jami74 Posts: 1,284 Forumite
Part of the Furniture 1,000 Posts Photogenic Name Dropper
in Budgeting & bank accounts
I do love a new year! 

Anyone planning to do anything different with their budget next year? 

I bought a house this year, due to expenses and up front costs, and refunds and reimbursements I 'broke' my pots and put it all in one place. I've very much felt like I've been winging it by not having, for example my Christmas pot.

So for 2025 I am going to restart my pots, one for Christmas, one for car insurance/services/repairs and one for work fees/subscriptions. I am also going to redirect the money that was saving for a deposit 50/50 between mortgage overpayment and boiler/roof/windows fund.
Debt Free: 01/01/2020
Mortgage: 11/09/2024

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  • penners324
    penners324 Posts: 3,509 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    Moved away from credit card use for daily spend to using debit card.

    Found I had too many pots going so slimmed down. Ensures I'm keeping more in my savings accounts earning more interest
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