We are not financial advisors. This blog is a reflection of our personal opinions and financial choices. We can not be held responsible for any decisions you make as a result of reading this blog. Please make your own financial decisions based on personal research or see a financial advisor.
Also there are paid links on this site. There is no obligation on your part to purchase any products advertised on this website.
Back in December I joined Sara (A Frugal Wife) in the £2,014 in 2014 Challenge*. The idea is to make and/or save an extra £2,014 throughout 2014.
*Because our annual budget starts in December, I’ve started the challenge already, and will finish it at the end of November. If you want to join in then pop on over to Sara’s blog and let her know….there’s great post about the challenge here.
December Extra Income Total: £213.00
- £5.78 Book sale
- £3.75 Cash back site
- £147.35 Refund energy company
- £56.12 Sealed pot
Money saved, not spent: £17.35**
- £4.06 Grocery budget
- £17.98 Misc spending
- £0.07 Energy DDR
- (£4.76) Budget overspend
**Money saved, not spent is from our budget categories (ignoring the mortgage payment).
My total for December is £230.35. Originally I planned to put the money into my sealed pot, but as most of this money is online, it makes sense to keep it in a bank account, sort of like a virtual sealed pot. To further complicate matters I sent a little of this money to the mortgage over payment last month…..I need to make myself a spread sheet so that I can track everything correctly!
2014 Totals: £230.35/£2,014
Tracking just for me: £61.80 sent to mortgage – account balance £168.55
PS. I’m still throwing any loose change into my sealed pot.