1. Continue saving for a house deposit. We started contributing to Help2Buy ISAs in 2015 and so we aim to max out those. In addition to that savings account we are aiming to contribute all additional unassigned savings money to our deposit savings.
2. Save £2000 towards car. In 3 years time we will have the option to purchase a car and so we are saving the money each year so that we can purchase the car with cash to do that we need to save £2000 each year.
3. Have a post-graduation option that doesn't incur debt. I have applied for several options, including my Bar exam (including scholarships), financial sector jobs, and masters programmes. What ever option I end up taking up it is important that it doesn't involve taking on debt. This means if I choose take one further education that there needs to be a scholarship involved to make it a viable option.
4. C to take up another part-time job. At the end of December C and I made the decision for him to leave his previous employer as it was not a good situation. However, this part time work was important part of our finances and so C is now applying for other part-time work. We are in a position where we can manage without any extra part time work during term time but it would make things much easier and allow us to be more intense in our savings efforts.
5. Expand my Etsy store. Since I opened it in mid 2015, I have seen it grow much more than I expected. But I would love to expand it further and add new products to the site as well as add new design options for the products already listed. I have found it really enjoyable owning a store and developing products and we have signed our selves up to a build your own business course at our church.
6. Perfect out budgeting. We are looking to being more rigorous with out budgeting and accountability. Updating spreadsheet and cash envelopes more frequently. As we set up joint banking after the wedding, this should ease some of the logistical issues we have had previously.
What are your financial goals for the next year?
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