The UK Version of the Baby Steps

The UK Version of the Baby Steps

Dave Ramsey's The Total Money Makeover is a book I have spoken about many times before. His debt payment process of using the Baby Steps is an absolute favourite amongst the debt free community and it has helped many people across the world to become financially free. It is however aimed at financial practices and products in America. The tips can therefore be a little hard to navigate if, like me, you are based in the UK. Here is my guide to the UK version of the Baby Steps. Please remember to Read more [...]
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 [...]