Car insurance has to be the most dreaded thing to pay every year, at least for me it is. Since I am only driving a few years it still costs me a absolute fortune, not as much as it used to be but still a large enough sum.

Every other year up until now I have just taken out a loan and then went straight to the bank and transferred the money into my insurance company, it is so painful having to do that as I don’t get a cent from it!

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So each year when I pay it off I am delighted to be debt free, and I have decided that this year I am going to change the way I pay for my insurance. Usually I would put some of my own money towards the insurance along with the loan. However, this year I am just going to save for it in full.

It will be great this summer to not have a loan hanging over my head, that way, anything I earn from work will go straight to me and I will not feel like I am only working to pay off my loan.

The plan at the moment is to save as much as possible, if I can save €100 a week it would be ideal and I should have all the money saved within 5 weeks for the loan. I have already being saving over the past few weeks, but only a bit here and there, the aim for the moment is to just throw all the money into the account and forget about it.

My insurance always expires at the start of the summer as that is the time when I first started driving a few years ago, and it is always a bad way to start the summer especially if I have a loan! With a bit of luck, I will be back here on my blog in 5 weeks saying I have hit my target 😀