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    • hannahroberts1985
    • By hannahroberts1985 15th Jun 16, 9:18 PM
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    hannahroberts1985
    Debt-Free wanna be vs Maternity pay. Determined to stay on track.
    • #1
    • 15th Jun 16, 9:18 PM
    Debt-Free wanna be vs Maternity pay. Determined to stay on track. 15th Jun 16 at 9:18 PM
    Hey everyone,

    I'm Hannah I'm 30 (not sure how or when that happened my memory must be going because I only feel 21 mentally 50 physically though )my debt is shifting in the right direction and we are able to pay £200-£300 off a month but with maternity pay fast approaching I felt a diary would be a good way to keep me on track. I am currently 22 weeks pregnant with my second little boy. DS1 ( darling son)is two on the 29th. We are going on a holiday to Devon Friday. Guessing all this expense has got me wanting to keep things in check. Since being so good I get panicky about spending but chunks of money. We booked a small family holiday though before DS2 arrives as we haven't been on a holiday for 4 years and wanted to take Kian before things got crazy. Everyone's got to live a little right. I'm also currently on an 8 week full paid sabbatical from work...it's great but that's also 5 extra days a week to try not spend money! I tell you this weather needs to perk up soft play isn't cheap!!

    I was awful with money years back even had a diary on here
    previously. I have been cleaning debt for a few years now. I have some of my own debt and joint from buying things for our home my partner has bad credit due to a mortgage he's stuck in with his step father. ...we will cross this bridge at a later date but it is all (touch wood) on track now. Other than that he is great with money and has taught me a lot!! Me and DP (darling parter) share money fairly we both have pocket money then anything else go into the joint account/off my debt repayment. I was part time when I went back after DS1 but went full time when we were planning DS2 1) for the maternity pay and 2) I know my 8 weeks paid sabbatical was due so wanted to get full time pay for this. I have 6 weeks full time to work before maternity leave and I'm dreading it, but hey ho needs must! Think of the money I keep telling myself. I feel I am in a good place and manage money so much better than I used to. I'll share my tips with you.....when I get a chance. I will also update my signature with SOA ASAP.

    Thanks for reading (if anyone is) now that's off my chest time for a bath then bed.
    Hannah


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    Last edited by Former MSE Jessica; 18-04-2017 at 2:48 PM.
Page 23
    • cms-help
    • By cms-help 2nd May 17, 6:19 PM
    • 135 Posts
    • 126 Thanks
    cms-help
    Thank you cms help. The lady at school keeps telling me there is nothing more to do their end but we are the first people to use it so I'll try asking her again.
    Originally posted by hannahroberts1985
    Are you using the new scheme?
    We have childcare vouchers (the original scheme) so it might be different.
    • hannahroberts1985
    • By hannahroberts1985 2nd May 17, 7:23 PM
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    hannahroberts1985
    I think it's the old one. X
    Deposit :£10,469/£20,000 = 50% Fee fund £1903 emergency fund:£752/£1000 Car fund:£5 Xs fund £67 B/day £45
    Noodle: 614 Clear: 499 mse:967/61%
    Family loan £7000/£6750
    • cms-help
    • By cms-help 3rd May 17, 10:13 AM
    • 135 Posts
    • 126 Thanks
    cms-help
    I think it's the old one. X
    Originally posted by hannahroberts1985
    Under the old scheme the employer, under instruction from the childcare voucher company, deducts money from salary. This money is then held in your "voucher" account (so you need to know which voucher company the employer uses to start with). Each childcare provider has a reference number for each voucher company they accept. You will need to enter that reference number into the voucher provider's website. You then have various options over paying manually or automatically etc. We always pay automatically then pay the balance owed directly to the nursery.

    You can't accumulate it and then withdraw it as cash - it can only be used to pay childcare bills.
    • hannahroberts1985
    • By hannahroberts1985 7th May 17, 6:58 AM
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    hannahroberts1985
    Thank you. hunmm I think we may be on the new system then as the school is adamant it's all our end. Going to get DP to log on at home and I'll let you know how we suss it out.

    Quick pop in as we have a few spendy days. DP had today and tomorrow off and after all this pox I need some fun!! £40 left in the day out fund so we've booked tickets online for a kids theme park. I've packed a picnic already ! May grab a brew and a treat at some point and depending on when we leave maybe a cheeky mc's on the way home. We shall see.

    Then DS1 is at school tomorrow so once he's dropped off me DP and DS2 are heading for a breakfast date. DP will pay far this. I'll need to put some petrol i today hopefully my £20 I have left covers what in need until payday then it's just a case of not spending any money next week.

    X
    Deposit :£10,469/£20,000 = 50% Fee fund £1903 emergency fund:£752/£1000 Car fund:£5 Xs fund £67 B/day £45
    Noodle: 614 Clear: 499 mse:967/61%
    Family loan £7000/£6750
    • hannahroberts1985
    • By hannahroberts1985 13th May 17, 11:42 AM
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    hannahroberts1985
    Ok so it's been a while oops.

    Few spends but mostly needed bits and bobs for the boys.

    Pay day is Monday but I had s food shop yesterday as we were out of fresh bits and bobs. Bit tight due to the dental bill of £107 but I'm sooo trying to make it that we do r have to take from savings. I really don't want that to go below £2000! I will have £90 left in the food and petrol on payday after the £160 shop if accounted for. Me and DP both need petrol so once he's paid on the 28th I will have to pop more in this account to last us until next month. Dp'a pay is average this month so we may not be able to save any extra. We shall see.

    My pay next month is only half a month of mat payI've emailed work and asked if I can do a lot Day on the 24th and I think if I push for another one early next month too that should bump me up enough to make next month do able without using savings.

    We have tickets to a gig at the end of the month I think DP is going to drive so I'll just have to save enough pocket money for a few drinks and some food.

    There is a circus in town next week so we will take DS £24 I've ordered some pizza and bits for a takeaway night for me and DP so we will try be good and not buy food while there.

    Been using tumble dryer when I can.....even though sometime I soooo want to cave and use it for ease.

    Few spends on my next account. I paid £20 for unlimited delivery for a year. I feel this may be a mistake. Oops!! I'll update my Sig when the statement comes through. We live a 20 mile drive from town so justify it with saving on petrol and extra spends while out. We're at a party tomorrow and it was so easy just ordering a pair of pj's and have them delivered the next day for free. Got some cool wellies for DS's birthday and a friend had a baby last week so ordered some baby grows. Only £47 on account I think inc the delivery charge.

    Best go sort lunches x
    Deposit :£10,469/£20,000 = 50% Fee fund £1903 emergency fund:£752/£1000 Car fund:£5 Xs fund £67 B/day £45
    Noodle: 614 Clear: 499 mse:967/61%
    Family loan £7000/£6750
    • hannahroberts1985
    • By hannahroberts1985 13th May 17, 1:40 PM
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    hannahroberts1985
    Been feeling a bit bogged under my money so decided to look back on how far we've come. Since o started my diary:

    Debt cleared: £4975.66

    And £2000 saved!

    It's nearly been a year since I started my diary now and nearly £7000 had moved in the right direction. I honestly think without this diary that would have been a -£ amount. We keep looking on right move then getting annoyed when something perfect comes up but it's all good motivation to keep us going I guess. We should be able to save a minimum of £200 a mo th when I'm back at work then in April when the dfs debt if cleared that's another £50 a month that can go to the isa. I may have to change the diary name to debt free wanna be vs mat leave to debt free wanna be vs child care as the first two months will cost around £700-£800 per month until DS is three and qualifies for his 30 hours.


    Both mine and dp's credit scores are now good and continuing to rise and we have a decent car on the drive which won't cost us a fortune to fix every mot (hopefully)
    Must keep going we will get there one day x
    Deposit :£10,469/£20,000 = 50% Fee fund £1903 emergency fund:£752/£1000 Car fund:£5 Xs fund £67 B/day £45
    Noodle: 614 Clear: 499 mse:967/61%
    Family loan £7000/£6750
    • hannahroberts1985
    • By hannahroberts1985 17th May 17, 1:55 PM
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    hannahroberts1985
    Quick pop in before a spendy outing. Circus this afternoon £24 for tickets then I've packed a drink and a treat for DS and my buy him a little light toy or something and a snack. Also need to pop for milk and bread.

    Sold some for £25 that DP needs to drop off on Friday.

    Kit day planned in for next week and I'll make a plan while I'm there for a couple more next month to top up my pay. Then it'll be back to part time pay. First few months child care if going to be a killer but then tell settle once DS1 qualifies for his 30 hours.

    Been looking at getting a loan the help boost the deposit fund but I know that is silly! I just want it done sooner.

    Feeling all meh about money. I want to buy a house now and it seeeeemssz to be taking sooooo long!!! Maybe I need to find time to read a few other diaries so I don't feel so bogged down.

    Just keep swimming. X
    Deposit :£10,469/£20,000 = 50% Fee fund £1903 emergency fund:£752/£1000 Car fund:£5 Xs fund £67 B/day £45
    Noodle: 614 Clear: 499 mse:967/61%
    Family loan £7000/£6750
    • hannahroberts1985
    • By hannahroberts1985 22nd May 17, 11:34 AM
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    hannahroberts1985
    Quick pop in.

    I've spent a bit of money this week oops. £56 on clothes for the boys but there was a good offer on and I think that's us all set for summer and most of winter now and about the same on a new work bag and bras for me. I'm doing a kit day Wednesday so they were needed. Weather looks good here this week so will do lots of cheap outdoorsy bits with the boys.

    DP gets paid Friday so I'll re jig accounts then x
    Deposit :£10,469/£20,000 = 50% Fee fund £1903 emergency fund:£752/£1000 Car fund:£5 Xs fund £67 B/day £45
    Noodle: 614 Clear: 499 mse:967/61%
    Family loan £7000/£6750
    • enthusiasticsaver
    • By enthusiasticsaver 22nd May 17, 12:03 PM
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    enthusiasticsaver
    Don't get a loan to boost the deposit. It makes no sense to pay interest on this and it will limit your mortgage as they take debt into account for affordability. Are your savings in help to buy isa?
    Countdown to early retirement on 21.12.17 3 months to go.
    • hannahroberts1985
    • By hannahroberts1985 22nd May 17, 12:07 PM
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    hannahroberts1985
    Thanks I don't think we will. I'm just very impatient and it seems to be going slowly. Yes we are we have one each but my partner isn't a first time buyer so saving most in mine as we don't think he will qualify. Hoping I still will even though buying with him.
    Deposit :£10,469/£20,000 = 50% Fee fund £1903 emergency fund:£752/£1000 Car fund:£5 Xs fund £67 B/day £45
    Noodle: 614 Clear: 499 mse:967/61%
    Family loan £7000/£6750
    • enthusiasticsaver
    • By enthusiasticsaver 22nd May 17, 12:11 PM
    • 4,265 Posts
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    enthusiasticsaver
    The savings will grow quicker once you are back at work and the debt is gone. This is what debt does unfortunately. Impacts on all areas of your life including future plans. You have done well to reduce debt and save whilst on maternity leave though.
    Countdown to early retirement on 21.12.17 3 months to go.
    • hannahroberts1985
    • By hannahroberts1985 22nd May 17, 12:20 PM
    • 739 Posts
    • 1,060 Thanks
    hannahroberts1985
    Thanks. Feeling very determined to get it turned around and in our own home while the boys are still little and don't know we are constantly watching the pennies xx
    Deposit :£10,469/£20,000 = 50% Fee fund £1903 emergency fund:£752/£1000 Car fund:£5 Xs fund £67 B/day £45
    Noodle: 614 Clear: 499 mse:967/61%
    Family loan £7000/£6750
    • enthusiasticsaver
    • By enthusiasticsaver 22nd May 17, 4:14 PM
    • 4,265 Posts
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    enthusiasticsaver
    Coping with tight budgeting with children is hard but I personally don't think it does any harm for children to see from an early age we all have to make choices. Money was tight for us when our girls were little and I was a SAHM and I watched every penny. Giving them a choice of a comic or sweets on pocket money day made them realise they didn't get everything they wanted and sometimes had to wait so sweets one week and the comic or Saturday morning cinema the next. They are both grown up and both solvent now so don't think we did too much wrong. School trips they had to put birthday money towards and no holidays until I went back to work and we had more money.

    Your boys will be fine. Don't think you are depriving them by them sometimes having to wait for stuff.
    Countdown to early retirement on 21.12.17 3 months to go.
    • hannahroberts1985
    • By hannahroberts1985 22nd May 17, 4:41 PM
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    hannahroberts1985
    Oh they are no means deprived. Growing up things were very tight for my mum and dad and I'd like to be able to take the boys on holidays and do after school clubs etc something my parents couldn't afford. Also I'd love to have some savings for each of them to help them get on the property ladder one day. When they have saved a bit thenselves I'd love to be able to say we'll match match what they've saved. X
    Deposit :£10,469/£20,000 = 50% Fee fund £1903 emergency fund:£752/£1000 Car fund:£5 Xs fund £67 B/day £45
    Noodle: 614 Clear: 499 mse:967/61%
    Family loan £7000/£6750
    • cms-help
    • By cms-help 22nd May 17, 7:12 PM
    • 135 Posts
    • 126 Thanks
    cms-help
    Oh they are no means deprived. Growing up things were very tight for my mum and dad and I'd like to be able to take the boys on holidays and do after school clubs etc something my parents couldn't afford. Also I'd love to have some savings for each of them to help them get on the property ladder one day. When they have saved a bit thenselves I'd love to be able to say we'll match match what they've saved. X
    Originally posted by hannahroberts1985
    We also take the view that it's nice to help the children out in the future. As we have no idea what the future might hold, we are saving every month into their accounts so their tuition fees will be paid for if they choose university. We didn't want them leaving school with massive debts that take forever to repay (I'm from the grant generation so didn't have to deal with it).

    The after school clubs at my eldest's school are run by the teachers/teaching assistants and are all free. There's usually something different on every day. We do pay for weekend swimming and martial arts lessons and eldest wants to start riding when he's old enough (the local club only starts aged 7 though).
    • hannahroberts1985
    • By hannahroberts1985 25th May 17, 12:05 PM
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    hannahroberts1985
    Yeah it would be lovely to help them out to get to where they need to be.

    Oooh the free after school clubs sound good. I'd love to send them to beavers/scouts i did brownies as a kid and loved it.

    First kit day in the bag yesterdayit's about £100 a day so I've booked in another two between now and my return at the start of June but think I'll try squeeze in another one too.

    Dp'a payday he had a bit of a bad month, a lot better than what he would have early at this old job so can't complain. All bills and bits covered for next month plus the few bits we'd gone over on this month. £100 Tesco shop coming today which should see us through to my payday on 15th. I have officially finished breastfeeding DS is 7 months old now. £10 a week on formula though on a plus note we have finally got his bedtime routine sorted and the last two nights he had slept though!!!! First time I've slept more than 4 hours in 10 months!!

    So tomorrow we are on a night out while my mum baby sits. I have a bottle of wine and box of choccys as payment for her. She wanted to do a day out with the boys tomorrow but I said to just come and we will have a paddling pool day I need them to got to bed early so we can go out and i need to save some energy for our gig. I have £50 put aside for drinks and food tomorrow night but hoping I don't spend it all.

    £7 spent on two pairs of short pj's for DS2 yesterday and £15 in boots on eyeliner, toothpaste and deodorant. I work in the town centre so I need to be carful!! Maybe I should leave my cards at home. I did however leave early enough to park out of town and walk in to save on parking !

    Think that's all. I think it'll be another 3 tight months (depending on dp's earnings) one more mat pay them two big child care bills then the savings should start to rise at a minimum of £200 a month! Eek exciting.

    Right best do some jobs before getting DS1 from school x
    Deposit :£10,469/£20,000 = 50% Fee fund £1903 emergency fund:£752/£1000 Car fund:£5 Xs fund £67 B/day £45
    Noodle: 614 Clear: 499 mse:967/61%
    Family loan £7000/£6750
    • reality_check
    • By reality_check 25th May 17, 12:46 PM
    • 639 Posts
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    reality_check
    Hope you enjoyed the sleep, I am dreading the sleepless nights, been a long time considering my daughter is now 20!! Long may it continue for you

    I can imagine working in town would be dangerous, I would need to leave the cards at home, but my willpower doesn't really exist!

    Enjoy your night out tomorrow xx
    • hannahroberts1985
    • By hannahroberts1985 4th Jun 17, 6:37 AM
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    • 1,060 Thanks
    hannahroberts1985
    Morning,

    It's been a while. Busy week with it being half term. £20 pocket money left to last until 15th oops. I signed up to the National Trust £9 per month for me and DP and the boys go free. We went to a beautiful park earlier in the week and are going to a stately home today that has lots of bits for kids. I think it'll save us money on days out with the boys. Picnic half prepped so should hopefully only spend money on ice cream and a fridge magnet. I like to get a new one when we go to new places.

    I had a meeting with my boss to discuss my flexible working application it went really well. She said any holiday I take before coming back will be on full pay as I was full time before mat leave so we've moved 4 weeks to the start so I'll be getting a months full pay. I already have the childminder booked in for the last two weeks so may have a chat with her and see if she will do one day one week and then two the next to ease the boys in. Ideally I'd like to push her back two weeks but I've already pushed her back two and don't want to annoy her. I will be able to get the house sorted we have a few areas that are just dumping areas with toys etc so would be good to have time to sort them so maybe it'll work out ok. Even with paying childcare we'll have more money in the end anyway so may just keep them I don't want to annoy her. I may be able to squeeze in another kit day too so that's another £100.

    Ds'a birthday on 29th I need to have a root through my wardrobe and look at what presents I've been stashing away for his as I really can't remember. No party this year just a few nice days out with family. I have placed a muscle food order for payday I've never ordered from them before so we shall see I only really ever cook DP chicken so it'll make me be more adventurous in the kitchen. There were a few bbq bits so may have a BBQ for a few family members near ds's birthday and get him a little cake and balloons so he feels like he's had a party.

    I also placed an approved foods order last night I've been wanting to try them for a while and there was a free delivery code and £5.77 cashback. Food account is empty but so are the cupboards so this should fill them up for a while. I need nappies so will pop to Aldi on the way home today and grab a few fresh bits to last until payday.

    Looking forward to loans payments coming out this month as it will take me to 40% cleared. Whoop! X
    Deposit :£10,469/£20,000 = 50% Fee fund £1903 emergency fund:£752/£1000 Car fund:£5 Xs fund £67 B/day £45
    Noodle: 614 Clear: 499 mse:967/61%
    Family loan £7000/£6750
    • hannahroberts1985
    • By hannahroberts1985 6th Jun 17, 10:32 AM
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    • 1,060 Thanks
    hannahroberts1985
    Feeling very poor and meh today! Just totted up accounts and we are about £170 over which should be the extra I come out with for kit days. So it's all fine but just feel like we've not moved forward for ages.

    All plans now booked in with family for ds'a birthday it should be one pricey zoo visit then the others should be relatively cheap. I need to go in the wardrobe and see what presents I have for him. Need to pick up paper and a card then maybe a few little bits for him to open but this can come from the birthday fund.

    Going to ask my boss if I can book in a few more kit days for when I'm in my 4 weeks Holiday. He will have to tell payrol I've worked them earlier so still while on mat but I'm sure he knows I'll work them. That will be some extra money in the pot. The £2000 savings need to start moving up now it's bugging me! Need to remember last may leave we were getting into debt and not moving forwards but it just seems sooooo slow! Wahhh whinge over. X
    Deposit :£10,469/£20,000 = 50% Fee fund £1903 emergency fund:£752/£1000 Car fund:£5 Xs fund £67 B/day £45
    Noodle: 614 Clear: 499 mse:967/61%
    Family loan £7000/£6750
    • debbie_debt
    • By debbie_debt 6th Jun 17, 4:20 PM
    • 276 Posts
    • 797 Thanks
    debbie_debt
    Hi Hannah,

    Just a quick hello from me as a new subscriber. I was on maternity leave Jan 15 to Jan 16 and am now expecting again Oct 17. You can see my debts in my signature and we're also hoping to buy a house asap. Things were going slow for us for a long time, but since a proper LBM in September 16, we've been putting our heart and soul into the debts and I can finally see a light at the end of the tunnel. I just wanted to say a massive well done and keep going. I will be following your journey - any tips for my next mat leave stint?? I'm hoping to carry on some self-employed work this time and keep the pennies coming in, because last time I just stuck my head in the sand and ran up more debts Certainly not going to be happening this time, so it will be a very different mat leave experience!!

    Debbie
    Emergency fund £435.09/£1000
    L.B.M. 21/09/2016 DEBTS = £30,854.38 09.08.2017 DEBTS = £12,380.09
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