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
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