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  • FIRST POST
    • Needhelpsaving
    • By Needhelpsaving 14th Nov 16, 5:58 PM
    • 647Posts
    • 2,715Thanks
    Needhelpsaving
    Getting back on the MFW Wagon
    • #1
    • 14th Nov 16, 5:58 PM
    Getting back on the MFW Wagon 14th Nov 16 at 5:58 PM
    Hi

    I have attempted this MFW wannabe journey before, with little success and after reading so many threads on the forum, would like to try again.

    Looking back, trying to start a MFW challenge with a newborn was possibly not the best time for me as I had made grand plans, just when our income was decreasing.

    A little bit about us, I am 29, have an OH 34 and a LO aged 3. We bought our home 8 years ago and have a mortgage of £80,000, a family loan of £7,000 and £0 in savings

    Our first goal is to save a £1500 Emergency Fund by the end of February, whilst staying on track to pay off family loan (on target to pay off in June 2017).

    I have finished all my Christmas shopping, except 1 gift, so should be on track to save a decent chunk of my salary next month (I work part-time).

    I need to stay accountable in this journey and what better way than to publish it on the internet?!
Page 12
    • Needhelpsaving
    • By Needhelpsaving 1st Jan 18, 6:46 PM
    • 647 Posts
    • 2,715 Thanks
    Needhelpsaving
    Finalised 2018 Targets;

    - Get Mortgage down to £65,000 (as per MFiT Target) by 31/12/18

    - Get Savings Up to £5,000 by 01/06/18

    - Cashflow trip to sisters wedding (we are anticipating £400 including travel down south and hotel rooms for 2 nights) by 01/06/18

    - Cashflow blinds and kitchen table for kitchen (£1000) by 31/12/18

    - Cashflow re-painting hall, stairs/landing (just a couple of tins of paint) -£75 by 01/09/18

    - Cashflow redecoration of living room (inc new carpet) - £1000 by 31/12/18
    Target 1 - Emergency Fund Currently £2329.07/£5000

    Target 2 - Pay Mortgage Down to £65,000 by 31/12/18 Was £71,006.49 (01/01/18) Now £70,578.90 (14/01)
    • Needhelpsaving
    • By Needhelpsaving 1st Jan 18, 7:15 PM
    • 647 Posts
    • 2,715 Thanks
    Needhelpsaving
    Happy New Year!

    I have to say I am looking forward to working towards the goals we have set for 2018 - we have possibly aimed a little too high given that I will be going onto statutory maternity pay in April, but if we don't try, we'll never know!

    Today has been spent getting jobs done to set us up for the week ahead;

    - washing and ironing pretty much up to date.

    - xmas tree and decks have been put back in the loft.

    - top up shop has been done (£54.11) including loads of cleaning products, some new socks and slippers. I picked up the reduced pampers, without the Asda price guarantee coupon, as the shelves had pretty much been cleared - but there was 1 pack of size 2 waiting just for me they were meant to be £6, reduced to £4 on offer and then had a £1 manufacturer coupon, so paid £3 for 54 nappies.

    Receipt has been uploaded to receipt hog and pampers club. The points from the initial sign up and today's receipt have netted me a £3 off coupon. I will print that this week and pop it in my purse ready for a bargain.


    - I also requested a £10 amazon voucher from swag bucks, which will just be added to the account to be used at a later date.

    No further spends required this week, so am looking at keeping everything money related quite quiet. I have time off on Friday and next Monday and will use a free entry to a local soft play voucher to entertain LO before she goes back to school on Tuesday.
    Target 1 - Emergency Fund Currently £2329.07/£5000

    Target 2 - Pay Mortgage Down to £65,000 by 31/12/18 Was £71,006.49 (01/01/18) Now £70,578.90 (14/01)
    • Needhelpsaving
    • By Needhelpsaving 2nd Jan 18, 8:27 PM
    • 647 Posts
    • 2,715 Thanks
    Needhelpsaving
    Today was an NSD, as planned.

    £10 amazon voucher has arrived from SB and added to the account for future use.

    Need milk and squash tomorrow, so a couple of pounds to be spent, but otherwise, I will be cultivating moths in my purse this week
    Target 1 - Emergency Fund Currently £2329.07/£5000

    Target 2 - Pay Mortgage Down to £65,000 by 31/12/18 Was £71,006.49 (01/01/18) Now £70,578.90 (14/01)
    • Needhelpsaving
    • By Needhelpsaving 3rd Jan 18, 7:37 PM
    • 647 Posts
    • 2,715 Thanks
    Needhelpsaving
    Today was a low spend day, as planned;

    £3.49 at local shop for 2 bottles of milk and a bottle of squash.
    £1 at work as forgot lunch.

    We have eaten dinner from stores , I printed the Asda Price Guarentee Voucher at work and have processed the return paperwork for Seraphine dresses (they don't half make you jump through hoops). The returns paperwork will be printed tomorrow and I will pop into the post office on the way home.

    I will just keep an eye on the bank accounts to make sure any returns are refunded and the money is distributed to where needed.

    I have also rounded down the joint account by £7 odd and popped it into the savings account to get us (albeit slowly) moving towards that £5k target.

    No new surveys have come up today, but I did go swagbucking and have almost enough for another £3 amazon voucher.
    Target 1 - Emergency Fund Currently £2329.07/£5000

    Target 2 - Pay Mortgage Down to £65,000 by 31/12/18 Was £71,006.49 (01/01/18) Now £70,578.90 (14/01)
    • Needhelpsaving
    • By Needhelpsaving 5th Jan 18, 8:20 AM
    • 647 Posts
    • 2,715 Thanks
    Needhelpsaving
    Good morning.

    i didn't manage to get to the post office yesterday as I worked a long day at work (I was trying to get ahead of my work before I had a long weekend off). Although, I did feel like I made some long overdue changes at work (in terms of organisation and set up).

    Jobs for today;

    Take returns to post office
    Pick up M&S collection
    Pick up free bounty and Emma's diary packs from boots
    Meal plan for next week and write shopping list
    Go shopping inc using cash back apps
    Target 1 - Emergency Fund Currently £2329.07/£5000

    Target 2 - Pay Mortgage Down to £65,000 by 31/12/18 Was £71,006.49 (01/01/18) Now £70,578.90 (14/01)
    • Needhelpsaving
    • By Needhelpsaving 6th Jan 18, 10:02 AM
    • 647 Posts
    • 2,715 Thanks
    Needhelpsaving
    Good Morning.

    Yesterday was spent attempting to boost Money saving activity - I am yet to see if all of my efforts will pay off.

    I dropped two packages for return to the post office (top for mothercare and 3 dresses for Seraphine).

    I also picked up the free Bounty pack from Boots, but they had run out of the Emma's Diary one.

    I have also attempted to save money using offers and cashback apps, I am waiting to see if all of the cashback claims come through

    I used Green Jinn, Checkout Smart and ClickSnap together to maximise the cashback. Green Jinn have approved one of two purchases, ClickSnap has shown as pending on my Quidco account this morning and CheckoutSmart is pending. I should be due £21.62 cashback if all goes to plan (fingers crossed!).

    I did eat out yesterday (not very MSE) - £8.50 spent on LO and myself between shopping and visiting a relative in hospital

    I also met my SB daily target and requested a £3 Amazon voucher.

    Meal planning is still to be done for week ahead.
    Target 1 - Emergency Fund Currently £2329.07/£5000

    Target 2 - Pay Mortgage Down to £65,000 by 31/12/18 Was £71,006.49 (01/01/18) Now £70,578.90 (14/01)
    • Needhelpsaving
    • By Needhelpsaving 6th Jan 18, 8:41 PM
    • 647 Posts
    • 2,715 Thanks
    Needhelpsaving
    The money saving efforts have paid off;

    £1.10 cash back confirmed by Green Jinn
    £9.75 cash back confirmed and requested from checkout smart
    £7.26 cash back confirmed by Quidco click snap

    Today has been an NSD, tomorrow we have planned to go to the cinema (should be around £8 ish after we have used a cinema voucher given to LO at xmas. I have a bag of popcorn from yesterday's efforts and will grab some drinks en route.

    I have meal planned around cupboard and freezer contents and have have made a list of bits to be picked up tomorrow. I'm expecting to spend £30 max, including a bag of dishwasher tablets.
    Target 1 - Emergency Fund Currently £2329.07/£5000

    Target 2 - Pay Mortgage Down to £65,000 by 31/12/18 Was £71,006.49 (01/01/18) Now £70,578.90 (14/01)
    • Needhelpsaving
    • By Needhelpsaving 8th Jan 18, 7:43 PM
    • 647 Posts
    • 2,715 Thanks
    Needhelpsaving
    Good Evening!

    The last couple of days have been full on, but enjoyable as I was spending time with OH and DD (just DD today).

    We went to the cinema yesterday to see Ferdinand the Bull - excellent! Would recommend - it is aimed at kiddies, but OH and I laughed throughout. OH picked up the remaining bill after voucher from his personal spends, so no change to my accounts other than the food shop I had already planned.

    I have spent money today, but all of it was required (Petrol and Car parking + a few bits for relative in hospital). DD got to see them too and it made such a difference to them both - its amazing how children can lift peoples spirits.

    Otherwise, I have been ploughing through jobs around the house and we have stuck to the meal plan and used what we have in the cupboards.

    Its back to reality tomorrow after a lovely long weekend - packed lunch already done and in fridge to keep me on track
    Target 1 - Emergency Fund Currently £2329.07/£5000

    Target 2 - Pay Mortgage Down to £65,000 by 31/12/18 Was £71,006.49 (01/01/18) Now £70,578.90 (14/01)
    • Needhelpsaving
    • By Needhelpsaving 10th Jan 18, 7:25 PM
    • 647 Posts
    • 2,715 Thanks
    Needhelpsaving
    Good Evening.

    Just dropping in with an update to keep myself on track.

    Yesterday was an NSD - today required some work spends which will be reimbursed through expenses, so I am going to count today as an NSD too (is that cheating?).

    We have stuck to packed lunches and eating from the meal plan. I have been accepted to trial Quorn mince and got the voucher for a free bag in today's post, so will work that into next weeks meal plan.

    Amazon voucher (£3) has come through from SB and has been added to the account. I have also requested some cashback from quidco in the form of Amazon vouchers to be added to the pot.

    There will be no major money moves until payday, so the focus will be on consistently getting smaller amounts by either earning or savings etc.
    Target 1 - Emergency Fund Currently £2329.07/£5000

    Target 2 - Pay Mortgage Down to £65,000 by 31/12/18 Was £71,006.49 (01/01/18) Now £70,578.90 (14/01)
    • Needhelpsaving
    • By Needhelpsaving 14th Jan 18, 6:13 AM
    • 647 Posts
    • 2,715 Thanks
    Needhelpsaving
    Good Morning!

    This weekend has been a spendy one - grocery shop done Friday (£52.64) and £32.30 was spent yesterday on a day out with DD - we went to see 101 Dalmations at the theatre (It was excellent!) the £32.20 was spent on lunch with family members and travel

    I have reconciled the accounts and have moved £37.63 to the joint savings account, which brings it to £2152.49.

    There will only be grocery spends next Friday, as I have plenty of petrol etc.

    I have decided to leave the CC account for now, as I am still waiting for a couple of refunds to go through before I pay off the remainder of the pushchair from next months budget.

    In the meantime, I am cracking on with swagbucking and surveys.
    Target 1 - Emergency Fund Currently £2329.07/£5000

    Target 2 - Pay Mortgage Down to £65,000 by 31/12/18 Was £71,006.49 (01/01/18) Now £70,578.90 (14/01)
    • shangaijimmy
    • By shangaijimmy 14th Jan 18, 8:21 AM
    • 2,339 Posts
    • 11,203 Thanks
    shangaijimmy
    Happy New Year!

    I have to say I am looking forward to working towards the goals we have set for 2018 - we have possibly aimed a little too high given that I will be going onto statutory maternity pay in April, but if we don't try, we'll never know!
    Originally posted by Needhelpsaving
    Don't we all aim a little high... I'd put my £5 on you making them!
    MFW: Turning June 2036 into March 2023... 34//120 Payments Challenge, Diary Reduction £36,628.18
    Aug 2009: £163,051 // Current: £99,371.84 // Avg Daily Interest £4.46
    MFiT-T4 #8 - 56.74% of £41,000
    • Needhelpsaving
    • By Needhelpsaving 15th Jan 18, 5:52 PM
    • 647 Posts
    • 2,715 Thanks
    Needhelpsaving
    Good Evening,

    Just a quick update today. Yesterday was an NSD, today I spent £1 on lunch at work.

    OH has rounded down his account and this along with the child benefit has been sent to savings so that it isn't squandered as we head towards month end. Savings now sit at £2329.07/£5000.

    Completed Quorn trial and have done feedback as required, but too be honest i'm ready for bed already!
    Target 1 - Emergency Fund Currently £2329.07/£5000

    Target 2 - Pay Mortgage Down to £65,000 by 31/12/18 Was £71,006.49 (01/01/18) Now £70,578.90 (14/01)
    • Needhelpsaving
    • By Needhelpsaving 16th Jan 18, 8:06 PM
    • 647 Posts
    • 2,715 Thanks
    Needhelpsaving
    Just dropping in with another quick update, as I find this keeps me on track.

    £1 spent on lunch at work today.
    £3 Amazon voucher requested from Swagbucks to keep the pot ticking along.

    No movement on credit card refunds - it has been 10 days, I will leave it another few days before chasing, as I expect that it is busy given the number of sales returns companies are probably getting.

    I must put in my work expense claim tomorrow - looking at around £20. This will go towards the grocery shop for next week, as I had taken the money from this pot to begin with.

    Other than those couple of bits, we have been sticking to the meal plan, checking for surveys (all quiet on that front) and generally trying to keep spends to a minimum until payday next Friday.
    Target 1 - Emergency Fund Currently £2329.07/£5000

    Target 2 - Pay Mortgage Down to £65,000 by 31/12/18 Was £71,006.49 (01/01/18) Now £70,578.90 (14/01)
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