Money Goals: 39-year-old Teacher saving for holiday & learning about money

Occupation: Teacher

Industry: Education

Age: 39

Location: Wales

Annual salary: £32,000

What is your money goal?

To save for a holiday and improve my credit score at the same time.

Why is that important to you?

Because I want to travel more, and of course I want to build my credit score to be the best it can be after learning the hard way and falling into too much debt.

How much progress have you made so far?

I have completed a 12 month Loqbox and have saved enough for the holiday.

What is your current situation with regards to your credit score?

My score has improved by around 25 points which is amazing.

What challenges are you experiencing in reaching your goal? (Be honest)?

I still have a long way to go but I am determined to do it. Using Loqbox has helped me to improve my situation one step at a time which has made it feel achievable. By saving what I could afford, it means that paying off debts is now a realistic goal for me.

How would it feel to reach your goal?

It would be an incredible feeling and it isn't that far away anymore! It would be nice to finish paying debts and then focus on using Loqbox to continue saving for an annual holiday. I will soon be living the dream of travelling the world!

How has your attitude to money changed since working on your goal?

Since saving for a year with Loqbox, my attitude towards money has transformed. I now avoid spending unnecessarily and try to put extra money aside each month if I can for rainy days.

One thing you’d do differently next time?

I would save more next time! Now I know I can do it, it makes sense to save more money.

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At Loqbox our mission is to drive financial inclusion by helping people build their financial health. Talking about money and our goals is really important in achieving this as it helps to inspire and motivate others to take positive action that improves their lives as well. If you’d like to share your story with Loqbox you can do so here. We reward every story we use with a £25 Amazon Gift Card.

If you’d like to find out more about how Loqbox can help you build a better financial future — for free — then check out our how it works page here.

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