Hello there! My name is Emilie, I'm from the South West of England and recently took a huge career change from West End & Touring Theatre to working in Local Government, taking a £26,000 pay cut, which really made me look at my financial health and mindset.
The Optimizer - this was scarily accurate! I'm a calm, detail driven risk-taker!
I first started my personal finance account as a way to keep myself accountable while paying off my credit card debt, I then realised I was having a lot of questions about basic personal finance issues so shifted my presence to be focused on education, but in a somewhat fun way. Millennial Saves is aimed at millennial women wanting to learn about personal finance and better their money mindset.
I grew up poor, so the idea of having money has always been an aspiration for me and I ended up chasing a high paying career. After five years I realised that having money meant nothing if you couldn't hold it. I had a huge career change to allow myself room to breathe, going from a 50hr week to a 30hr week. £26,000pa seems like a lot of money to loose, but I now have more money in my bank than when I was in a high earning position.
Taking the jump pushed me to look at my money mindset, and now I'm focused on building wealth, not looking wealthy.
I like to plan my purchases, if theres something I need, I will save up for it, and if it's something I want, I'll leave it for a few days and if I still want it, I'll save up for this too. I use a sinking fund called 'Treat yo Self' which I try to keep at around £200 for these kinds of things so I never have to take emotional spends out of my monthly budget.
Don't worry about pensions until you're older!
I LOVE craft beer. My favourite brewery is Tiny Rebel based in Wales. If any local pub gets some in I will go and buy it. My partner and I have a weekend away booked to Cardiff just to go to their brewery!
Daily. I'm obsessed. I like to see every inward and outward payment come in to confirm it's happened on time. But I've always been like this, even when my accounts were in the minus!
I currently bank with NatWest (Current Account, Savings, ISAs & Credit Card). I've had my account open since I was 13 and I'm a creature of habit. I know I could get better rates elsewhere but it feels like home. I do outsource some of my savings to higher interest accounts, for example I have my Lifetime ISA with Moneybox and my Stocks & Shares ISA with Trading212.
Know that whatever your position is, it's okay. It will get better. You're at the start of a lifelong journey, you don't have to be perfect right away. Make mistakes. Learn from them.
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