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  • FIRST POST
    • benbenandme
    • By benbenandme 27th Dec 16, 7:03 PM
    • 9,990Posts
    • 25,508Thanks
    benbenandme
    Ready to do it all over again ...
    • #1
    • 27th Dec 16, 7:03 PM
    Ready to do it all over again ... 27th Dec 16 at 7:03 PM
    Hello, thank you for popping by

    I have been a regular on the debt free diaries board for years as well as dipping in here at times. I did join in Tallgirls Mortgage Free in 3 Challenge several years ago and have had several diaries over the years. This is the first time I've had one here though despite never actually being in debt I always felt it could happen oh so easily so treated myself as if I was a dfw.

    So, 2017 and my new diary here ...

    I have lived in my lovely flat with my ds (13) for the last 9 years and finally it looks as though we will be moving in the new year. I have sold my flat to a cash buyer and have had an offer accepted on a 2 bed little house. I will probably put stuff into storage and stay with my Mum for a few weeks while the house goes through as my buyers are very keen to complete asap and I don't want to risk losing them as I have already had one sale fall through due to brexit.

    Normally at this point between Christmas and New Year I begin planning my aims for the coming year, setting goals - usually financial related, and generally getting everything organised ready to tackle whatever I have planned. This normally is a £££ goal to knock off the mortgage etc.

    This year however everything is a bit unknown as I can't predict how much I can save etc at this point. But what I can do is take stock of exactly where I'm at now and make lists, I do like lists , of things I need to do to make as many pennies as possible / minimise spends where possible.
    Mortgage Total: £75,000 £74,160 Mortgage End Date: May 2040
    Brother's loan: £1879 / £30,000
Page 1
    • stressed.mum
    • By stressed.mum 27th Dec 16, 7:13 PM
    • 717 Posts
    • 3,226 Thanks
    stressed.mum
    • #2
    • 27th Dec 16, 7:13 PM
    • #2
    • 27th Dec 16, 7:13 PM
    Happy New Dairy BenBen, hope you had a good Christmas.
    Look forward to your adventures with the new home and mortgage free challenge, I'm sure you will get there really soon xxx
    Hoping to stick to the challenge this year!!
    Make £5 a day for 365 days - started Jan 17

    YTD £ 435/£1785
    Cash - £ 415 Vouchers - £ 20
    • benbenandme
    • By benbenandme 27th Dec 16, 7:22 PM
    • 9,990 Posts
    • 25,508 Thanks
    benbenandme
    • #3
    • 27th Dec 16, 7:22 PM
    • #3
    • 27th Dec 16, 7:22 PM
    So, a bit more background about where I am at right now ...

    I work full-time, am a single parent and overall am really happy with my life right now. It's been a journey, some ups and downs but overall pretty positive.

    I have listed my SOA although hopefully it will be changing pretty shortly once I move out, but this is how it stands at the moment:

    Income:

    Wages: £1122
    CSA: £340
    Child Benefit: £82
    Tax Credits: £340

    Total: £1884

    Outgoings:
    Mortgage £340
    Council Tax £87
    Life insurance £7
    Contents insurance £5
    Buildings insurance £27
    Ground rent £15
    Water £20
    Electricity £65
    Car tax £12
    Car insurance £27
    Car maintenance £30
    2 x mobiles £27
    Sky £68
    Tv licence £12
    Union £7
    Tesco delivery pass £6
    Spotify £10

    Food £250
    Petrol £100

    Outgoings: £1114
    Left over £770

    The Sky is my treat - I don't drink or smoke but I do love my premier league football
    Last edited by benbenandme; 29-12-2016 at 11:04 AM.
    Mortgage Total: £75,000 £74,160 Mortgage End Date: May 2040
    Brother's loan: £1879 / £30,000
    • Florence J
    • By Florence J 27th Dec 16, 7:25 PM
    • 1,505 Posts
    • 8,396 Thanks
    Florence J
    • #4
    • 27th Dec 16, 7:25 PM
    • #4
    • 27th Dec 16, 7:25 PM
    Hi Benben, wishing you the best of luck on your new adventures. I loved your old diary so have subscribed to this one as well.
    Sealed Pot Challenge 10 #553 (£90) Wombling free 2017 = £1225.72 Pay off all your debts by Xmas 2017 #53 (£2313.43/£3000) Debt to OH paid back £851.75/£1001.75
    July 2017 Credit Card Debt: £4567.40
    • beanielou
    • By beanielou 27th Dec 16, 7:26 PM
    • 46,548 Posts
    • 165,466 Thanks
    beanielou
    • #5
    • 27th Dec 16, 7:26 PM
    • #5
    • 27th Dec 16, 7:26 PM
    Happy shiny new diary benben
    Looking good.
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 2 lbs **

    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    It starts with you, it starts from now. *** It is ok to be me.*** ***Keep plodding***
    • Buffythedebtslayer
    • By Buffythedebtslayer 27th Dec 16, 7:34 PM
    • 14,822 Posts
    • 47,510 Thanks
    Buffythedebtslayer
    • #6
    • 27th Dec 16, 7:34 PM
    • #6
    • 27th Dec 16, 7:34 PM
    Am so pleased to read that you have got a house and sold the flat
    Congratulations and good luck with everything XXXX
    Saving all the money.............really I am !
    • benbenandme
    • By benbenandme 27th Dec 16, 7:42 PM
    • 9,990 Posts
    • 25,508 Thanks
    benbenandme
    • #7
    • 27th Dec 16, 7:42 PM
    • #7
    • 27th Dec 16, 7:42 PM
    So, the next bit ...

    My flat is selling for £172,500, I am buying a house for £297,000. My current mortgage is £2,600 as I have worked hard to pay it off, but then didn't want to pay a charge to finish it, so have left a small amount on it. I am incredibly lucky that my Mum has given me £30k and my brother has lent me £30k, which means my new mortgage will be approx £70k.

    I do have some money saved, approx £15k, which will go on all the moving costs and then some new furniture etc that I need, eg. wardrobes as ours here are all fitted in.

    Until I know the exact figures it will all be estimates, but I will be doing everything I can to make some extra pennies along the way - surveys / cashback sites / ebaying stuff / matched betting etc, as well as looking out for good deals and saving penies wherever possible

    In 2016 I did pretty well (see signature) with my savings challenge , for now I'm not setting a savings goal, other than every penny will be watched
    Mortgage Total: £75,000 £74,160 Mortgage End Date: May 2040
    Brother's loan: £1879 / £30,000
    • selloptape
    • By selloptape 27th Dec 16, 7:50 PM
    • 366 Posts
    • 1,375 Thanks
    selloptape
    • #8
    • 27th Dec 16, 7:50 PM
    • #8
    • 27th Dec 16, 7:50 PM
    Hi benben - another single parent here wanting to become MF. Will be following your journey with interest. Good luck!

    #49 MFW 2017 0/£2k

    #21 MFiT T4 - reduce mortgage by £20k over 3 years
    • benbenandme
    • By benbenandme 27th Dec 16, 7:55 PM
    • 9,990 Posts
    • 25,508 Thanks
    benbenandme
    • #9
    • 27th Dec 16, 7:55 PM
    • #9
    • 27th Dec 16, 7:55 PM
    So, now that I've briefly explained who I am and whats what I reckon it's time to write a list

    This is my to do list for the next week before we go back to school;
    [LIST][*]Ds haircut[*]Recycle xmas tree[*]Xmas decs boxed up[*]Email documents to solicitor[*]Ds thankyou letters[*]Fix bike [*]Cancel old mobile contract[*]Make an inventory of the freezer[*]Make an inventory of the food cupboards[*]Ebay any suitable items[*]Change all bedding[*]Clear all junk to the tip[*]Clean drawer in washing machine[*]Dejunk wooden drawers in lounge[*]Research storage costs[*]Update calendar[*]Take outdoor potted xmas tree to Mums garden[*]Arrange to take Mum to see new house[*] Dejunk all paperwork[*] Gut shoe cupboard[LIST]

    That should keep me going for now I think, no doubt I'll add to it as the week goes on
    Mortgage Total: £75,000 £74,160 Mortgage End Date: May 2040
    Brother's loan: £1879 / £30,000
    • benbenandme
    • By benbenandme 27th Dec 16, 7:58 PM
    • 9,990 Posts
    • 25,508 Thanks
    benbenandme
    Hmm, that didn't work!! Try again ...
    • Ds haircut
    • Recycle xmas tree
    • Xmas decs boxed up
    • Email documents to solicitor
    • Ds thankyou letters
    • Fix bike
    • Cancel old mobile contract
    • Make an inventory of the freezer
    • Make an inventory of the food cupboards
    • Ebay any suitable items
    • Change all bedding
    • Clear all junk to the tip
    • Clean drawer in washing machine
    • Dejunk wooden drawers in lounge
    • Research storage costs
    • Update calendar
    • Sort MOT
    • Find fitbit, chargee it and use it
    • Take outdoor potted xmas tree to Mums garden
    • Arrange to take Mum to see new house
    • Dejunk all paperwork
    • Gut shoe cupboard
    Last edited by benbenandme; 27-12-2016 at 10:36 PM.
    Mortgage Total: £75,000 £74,160 Mortgage End Date: May 2040
    Brother's loan: £1879 / £30,000
    • dangers
    • By dangers 27th Dec 16, 8:20 PM
    • 1,393 Posts
    • 2,578 Thanks
    dangers
    Hi Benben,

    Here's to a great start in 2017. I hope the move goes well... Happy new diary xx
    • WeeMidgie
    • By WeeMidgie 27th Dec 16, 8:56 PM
    • 215 Posts
    • 4,226 Thanks
    WeeMidgie
    Hi benben, Happy New Diary, and soon to be Happy New House!
    Good thinking to stay with your Mum in the interim.

    Looking forward to following your endeavours in 2017.
    • amber03
    • By amber03 27th Dec 16, 9:48 PM
    • 770 Posts
    • 4,486 Thanks
    amber03
    Hi benben, subscribing and continuing to follow your journey. As someone who is mortgage free I can definitely recommend it. We have only ever moved once and live in a decent size bungalow with the loft converted. A few times we thought of moving to a bigger property but as this would have meant a bigger longer mortgage we decided against it. The best decision we have made. Paid it off when I was 48 with a lot of hard work. It's a lovely feeling knowing that our home is our own and we don't have to worry about having a roof over our heads. Xx
    Debtfree and and staying that way.
    £1000 Emergency fund No.112 £326.00


    WOMBLER 2017 NO. 5 £7.20
    • savingmore
    • By savingmore 27th Dec 16, 10:43 PM
    • 357 Posts
    • 2,277 Thanks
    savingmore
    subscribed
    oh wow, i go away for 7 days and find you have sold and bought! Congratulations, that's fabby news...your figures look excellent too, don't know too many people who have £889 a month left over after bills and food. glad your life is good right now and things all going in the right direction. look forward to hearing how it all works out and may be some pics when you finally move in!

    • juliejim
    • By juliejim 28th Dec 16, 7:33 AM
    • 7,477 Posts
    • 150,931 Thanks
    juliejim
    Congratulations on the new house. Hope the move goes smoothly.

    Happy New diary!

    Jue
    NST #10 Steps 7K 2/30 10K 2/12 5 a day 3/30 NSD 0/20
    MBNA £5500
    • EatingTheElephant
    • By EatingTheElephant 28th Dec 16, 7:55 AM
    • 1,041 Posts
    • 5,463 Thanks
    EatingTheElephant
    Hi, another list maker here, I couldn't cope without keeping a list!

    Fingers crossed for a smooth house move, we are planning to move next year too but are still decorating ready to go up for sale at the moment.
    • benbenandme
    • By benbenandme 28th Dec 16, 8:45 AM
    • 9,990 Posts
    • 25,508 Thanks
    benbenandme
    Morning all, a few surveys cleared from my inbox this morning, I have some more to get through a bit later on. I am going to do the freezer / food cupboard inventory in a bit then I can see what bits I need to buy at the shops.

    I will also go through all my banking stuff and make sure everything's where it should be ready for the start of the new year.

    Maybe later on we will take Mums dog for a walk along the beach too.
    Mortgage Total: £75,000 £74,160 Mortgage End Date: May 2040
    Brother's loan: £1879 / £30,000
    • benbenandme
    • By benbenandme 28th Dec 16, 9:31 AM
    • 9,990 Posts
    • 25,508 Thanks
    benbenandme
    So the inventories are done, once I'd thrown away all the out of date stuff from the cupboard there isn't too much left to use up

    Food Cupboard:
    Honey & mustard sauce x 2
    Butter chicken sauce
    Tomato pasta sauce
    Passata
    Raspberry Jam
    Marmite
    Honey
    Chutney x 3
    Gravy granules
    2 packs of rice
    1 pack of noodles
    1 bag of pasta
    Custard
    Rice Pudding
    Soup x 3
    Pineapple rings
    Hot dogs
    Large jar of coffee
    Peppermint tea
    SR Flour
    Plain flour
    Cornflour
    Lifetime supply of herbs / stock cubes
    White wine vinegar
    Sunflower oil
    2 x icing sugar
    Various baking stuff (vanilla pods / food colouring etc)
    Chestnuts

    Freezer:
    Viennetta (won't last long, forgot it was there )
    2 x frozen cocktails (ditto)
    1/2 box fish fingers
    Bag of prawns
    1 portion spaghetti bolagnese
    2 x salmon fillets
    Beef joint
    Beef mince x 2
    Sausages
    Chicken fillets
    Chicken thighs
    Chicken goujons x 3 packs
    Stuffing balls
    Garlic baguette
    Hash browns
    Roast potatoes

    This isn't too bad, there is also tonnes of cereals / crisps / biscuits etc but that cupboard has a very high turnover rate so I'm not too worried about that one So let's see how much of this stuff can be used up asap
    Mortgage Total: £75,000 £74,160 Mortgage End Date: May 2040
    Brother's loan: £1879 / £30,000
    • benbenandme
    • By benbenandme 28th Dec 16, 9:52 AM
    • 9,990 Posts
    • 25,508 Thanks
    benbenandme
    I have 4 pull out baskets under my bed, I have sorted two of them so far - the first one is now empty ready for ebay stuff to be put in it. The second one is my birthday / occasions one, I have enough giftbags to lasst the year in there I reckon, and I also did a Phoenix cards order before Christmas and have stocked up on birthday cards for the year too, so I shouldn't need to spend on those either.

    I also found several bits I had put away for Christmas including a box of gingerbread biscuits, a gingerbread house, pastry tartlets, creme patisserie, a bottle of passion fruit coulis, a big tube of smarties, a box of 5 costa coffee syrups , 2 weekly planner pads from Tiger (starts this week ) - I will probably use one at home and one at work as ds already has one.
    Mortgage Total: £75,000 £74,160 Mortgage End Date: May 2040
    Brother's loan: £1879 / £30,000
    • Eager_Elephant
    • By Eager_Elephant 28th Dec 16, 11:47 AM
    • 3,961 Posts
    • 20,989 Thanks
    Eager_Elephant
    Stalking Following you over to the MFW board.

    Looking forward to the next stage of your journey - good luck!!

    Wonder how long the lost xmas bits will last
    Ninja Saving Turtle No. 4 for July
    NSD - 11/16
    (up to 21/7/17)
    My Diary is here - http://forums.moneysavingexpert.com/showthread.php?t=2175629 (Eager Elephants Effective Everyday Excursion)
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