We have reach the end of another month and it is time for me to look back at the goals I set and reflect on how I have done. The month has disappeared so quickly and I was worried that I had run out of time. Thankfully, I was pleasantly surprised when I finally sat down to reflect on what I had managed to accomplish. So did I achieve my goals for August 2018?
My goals for August 2018 were as follows:
- Complete my emergency fund
- Put £1000 into debt payments
- Pay off my Halifax credit card
- Be more frugal
Complete my emergency fund
Pull out the balloons and confetti guns, I have completed my emergency fund!! OK, so it’s only baby step one of many, but I am so delighted that it’s done. I can now relax knowing that if anything goes wrong during my debt free journey I have a safety net ready to catch me. It won’t set me back and I can continue to improve my finances instead of going back to the beginning like I have in the past. If you have no idea what I’m talking about, read this post on emergency funds.
Put £1000 into debt payments
As for my second goal of paying £1000 into debt, I haven’t quite achieved that yet. Instead, I have paid in just over £500. That’s still a huge amount and I’m really happy with it. What’s better, work is picking up for me. The last ten days have been very busy work and it looks like it will continue so my total payments towards my debt should definitely increase. You can follow my progress in more detail with my debt payment progress reports.
Pay off my Halifax credit card
Unfortunately, due to invoices still being processed, my credit card isn’t quite cleared yet, but I am so so close! This was the card that started it all for me and so I am very very keen to pay it off completely and enjoy the moment where I get to cut it up and throw it away for good. Honestly, I think I could have it gone in a week or so. I’ll make sure to keep you posted on my Instagram. If you don’t follow me over there already, here’s the link.
Be more frugal
On Monday I wrote a post about the Five Frugal Things I have done this month. So I would say this one is definitely a success. You can read about them all here, but I’m going to tell you about my absolute favourite. My fiance and I went to the cinema for 70p last week. Yes you read that correctly. We combined some Natwest rewards points with our 2-4-1 deal that we get through our insurance and voila, only the booking fee was left. We’re doing the same tonight (I’m writing this on Wednesday). It’s such a cheap way to spend the evening, especially when full price tickets would normally be around £10 each!
All in all I’d say I’m pretty chuffed with my efforts. I’m finding that setting the goals alone is making a big difference to my progress as I have more of a focus. Also, I don’t want to embarrass myself by having to come back at the end of the month to tell you I’ve achieved nothing. That certainly helps too.
I’ll be setting my goals for September on the first of the month so keep an eye out for that post!