For a number of years I had put off the idea of starting my pension because I thought that the money would be better spent on other things. After realising that you can start up quality SIPP pensions with regular payments of just £40 or so I tried to work out what exactly in my life I would need to go without in order to give myself a more financially secure future.

Eating Out

What does 40 pounds get you these days? Not an awful lot if you like to eat somewhere where the food and the service is of a decent standard. In fact, I decided that eating out one less time in the month could be a great incentive to learn how to cook. This will give me the money for my SIPP pensions payments and a new hobby at the same time.

A Few Trips to Work

I can’t be the only person who spends a fortune travelling to work when it is within walking distance, can I?  If I walked just once a week then this is probably enough to pay my money SIPP pensions instalment and help me stay a bit healthier as well. So now I can get myself a great pension and stay in better shape to enjoy it in the future. That is what I call a good result.