Hello everyone, I'm after a bit of guidance. Every couple of weeks or so, I end up spending less than my budget and I was wondering what I should do with that extra money.
What would people suggest I use the extra money towards?
- Stock up on essentials such as tinned fruit, oats, nuts, etc (I worry if I stock up more, I'll end up eating more as I'm also trying to lose weight)
- Save towards a higher deposit for my first home
- Invest the extra. Although it won't be much, I looked into an compound interest calculator and even a small amount extra each month can add up to thousands over the years!
I would love to hear everyone's thoughts and different perspectives on the situation, hope to hear back soon.
Jacob Barnard
June 29, 2021 at 07:45AM