My April Goals update

april 1

1.Increase monthly mortgage overpayment to £38. I set this up via NatWest Mortgage Online and have received text confirmation that this is now in place.

2.Earn £100 by selling electronic resources. This seems slow at the moment but currently standing at £32.63 so this is nearly a third of the way there. As this is still the Easter Holidays then I’m ok with this for now. I’ve not had to do anything to earn this during the last week so it really has been a passive income.

3.Pay another £500 off Walt Disney World Florida 2019 Holiday which will bring the total left to pay to £4000. I have £200 set aside in the bank to pay but I don’t get paid till the 15th of the month. The other £300 will come from here. By next week this goal should be achieved.

4.Investigate setting up an ISA for tax-free savings. I made sure I looked around at this before the new tax year began. I don’t have a lump sum to start this off and after research I decided that a regular saver would work better for me at the moment as it had a much better interest rate. I blogged about this earlier in the week. I am restricted to only saving £200 a month into this account but that’s £2400 by this time next year. As the months progress I might need to look at other savings accounts but for now this works for me. If anyone does have any recommendations of other banks or specific savings accounts they think I should look at, I’d love to hear from you.

We’ve been away for some of this week and that has helped our savings as we are all inclusive and so not spending anything.

I’ve loved having the time to relax, reflect on plans and get myself set up on Twitter.

How’s your April started? Leave a comment below to let us know.

Happy Saving!

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One thought on “My April Goals update

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  1. I’ve all but ditched my cash ISA these days due to pitiful interest rates, can’t blame you there!
    I’ve opened a couple of high interest current accounts, TSB give 3% with no end date, Nationwide gives 5% for 12months. You can only save £1500 and £2500 into these, but hey, £4000 on a decent interest rate isn’t too bad! I also have a HSBC regular saver on 5% for 12 months, also limited to putting in £200 so similar to what you do. Current accounts seem to be hugely outperforming actual savings accounts at the minute.
    Good luck with your holiday pay off, nice to have something super fun like that to look forward to at the end of all the hard work!

    Like

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