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How I Am Planning to Save £10,000 in 2021
It’s not a lot of money for many people and it’s a lot of money for many people
Everyone needs to start somewhere. I am 31 years old and only now I got serious about savings. I always saved in my life, but I was never serious about it and I never had saving goals.
In 2020, I was jobless and on benefits. Things were bad, but they would be much worse if I didn’t have any savings to add to this little income and make ends meet. I would need to move back to my parents’ house in Brazil.
And I didn’t want to do that, because it wouldn’t be a choice, but the only way to survive. I wanted to prove that I could survive. And I did. Things got better. I got a job and now I am building my Emergency Fund.
At the moment, I have £6,500 in my savings, and until December I will need to get to £10,000. This is a difference of £3,500, which, in seven months, means I would need to save £500 per month. I am trying to save more and about £650 per month, just to see if I can do it.
My primary goal in 2021 is to have these savings built.
Sometimes, I get upset to think I am 31 years old, and I only will have saved £10,000. But then, I think about my past 5 years in the UK; they were hard and difficult. I am an immigrant; I restarted…
