Friday, 1 April 2016

#23 Other Savings / Investments

I have some other savings accounts which should probably be tracked in the monthly updates.

So from next month will include in month summary.

Savings account to pay for bills

I put aside £60 each month into an account to be used for bills including Car Insurance / Tax, Home Insurance etc. £60 figure was calculated by adding up the total cost of these bills and spreading the cost over 12 months.

Current balance = £124

Emergency savings to cover costs for 1 month 

Target is to have £2629.29 saved and to be used only in emergencies.

Current balance = £219.84

Savings for Family France holiday

Target is to pay in £56 per month, this will cover the remaining balance for accommodation and ferry costs. Once these are covered this will become the savings for 'fun'.

Current balance = £0

Pension

I currently pay in £161.92 net each month.

With employer contributions this totals £558.33 gross per month.

This is invested in shares through a work scheme.

Current value = £7,463.18

Investment Portfolio

4 shares in PaddyPowerBetfair = £386.40

No comments:

Post a Comment