How I manage my moneyA savings system that remains understandable without an app

The comfort of paper records

My kitchen table in Leicester is where I manage my life. At 79, I have little interest in the glowing screens of mobile apps. I prefer the weight of a paper statement and the tactile reality of a notebook. With an annual income of £16,700, I have enough to get by, provided I keep a close eye on where every penny goes.

Guarding my own independence

I have a total of £4,100 in accessible savings. It is not a fortune, but it is mine. My family often offers to help with my finances, but I am determined to keep control for as long as possible. My strategy is to record every account number and transaction detail in a dedicated notebook, kept safely in a drawer. This is my system, and it works because I understand it.

Planning for essential journeys

Getting to medical appointments is a priority. I have a specific £250 a year taxi allowance that I treat as a ring-fenced fund. It prevents me from having to dip into my day-to-day money when health matters arise. By setting this aside annually, I ensure that my independence remains intact regardless of my mobility.

My independence relies on a system I understand, not on the latest technology that feels like a stranger.

Navigating modern risks

I am aware that things have changed. I have made it a personal rule to check any unfamiliar request directly with my bank branch. If someone calls or writes asking for information, I do not engage. I prefer to walk to the bank and speak to a person I know. It takes longer, but it provides the peace of mind I cannot get from a website.

The challenge of self-reliance

My goal is not to chase high interest rates or complex investment products. My priority is simplicity and clarity. The challenge is ensuring that my system remains robust as I age. I am not looking for a shortcut, just a path that stays clear. For now, my notebook is enough, and that provides me with a sense of security that no app could ever offer.