I have a new addiction, thanks to No More Spending. Found via the wonderful MSE forums I've spent the last hour reading other peoples experiences and journeys of the DFW lifestyle. Very inspirational.
One of the many things learnt is the need for an emergency fund. Given our chequered history of all things domestic, electrical or essential to daily life breaking down, usually within 2 - 3 weeks of each other, this seems like a good idea. Mainly because any repairs, new parts or - worst case scenario - new appliances get put on the plastic because they haven't been budgeted for. So new goal by the end of March 2008 emergency fund of £500+ to be sorted.
Payday is 48 hours away, I am actually going to set a budget for groceries. I've been flailing around spending £30 here, £20 there with no real plan. £160 is my target. £100 on Tesco online, £60 hard cash for top ups, no debit cards . The purse strings have to remain tight this month, car tax, insurance all due October. So with emergency plan fund, only paying minimum off debts and car expenses no spend days will be a plenty !
Off to find a decent emergency fund account via Topcashback.
Sunday 9 September 2007
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2 comments:
Sorry Jo they are addictive!
With reading blogs, MSE, looking after family and work at least you won't have time to spend:)
Nice blog u have there. ^^
danns
www.talk-kok.blogspot.com
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