how I paid off my first credit card

How I paid off my first credit card

A couple of weeks ago I finished paying off my first credit card! It had been a goal of mine for over two months and I cannot describe to you how good it felt to phone my bank and close that account. As soon as I hung up the phone I did a happy dance around the kitchen. I'm not joking. Be thankful you didn't witness those moves. For many people starting out on their debt free journey, getting rid of that first debt total might seem like an impossible mission. To help motivate and guide you, here Read more [...]
I have completed my emergency fund

I Have Completed My Emergency Fund!

Today's post is a short one, but it is very very exciting for me. I can finally say that after just over a month of saving I have completed my Emergency Fund! It is so nice to be able to confirm that I have now finished Baby Step 1 and I am ready to get on with Baby Step 2, full speed ahead. If you are wondering what an emergency fund is, you can read about them here. As I discussed in this post, I have decided to save a £500 emergency fund. This suits my current level of income and outgoings. Read more [...]
EMERGENCY FUND SAVING METHOD

Emergency Fund Saving | My Progress

I'm currently in the process of building a pot of money which I call my Emergency Fund. Not sure what that means? I have a post here that will explain all! Charlotte from charlottemusha.couk has also written this great post that explains the emergency fund really well. Today I wanted to share my emergency fund saving progress with you. These are the things that have worked for me personally over the last month or so. Emergency Fund Saving Method In this post from last week I discussed using Read more [...]
what is an emergency fund

What is an Emergency Fund?

At the beginning of the month I set my goals for July 2018. One of the major targets I included was to set up my emergency fund. Those of you who have been a part of the #debtfreecommunity for a while will know exactly what I'm talking about. But for those who are new to the concept, what is an emergency fund? What is an Emergency Fund? Quite simply put, an emergency fund is a cash buffer. A pot of money that you set aside for a rainy day. Whilst on your debt free mission, it's natural to want Read more [...]