Must stop spending

little_miss_spendtoomuch · 19 August 2016 at 5:05PM

NSD today! :j

Quiet weekend planned so hopefully the only spends will be on the weekly shop

One week til pay day...

little_miss_spendtoomuch · 22 August 2016 at 6:44PM

Had my NSD on Friday

and only spent £3 over the weekend apart from £23 on a food shop but that was paid for from our joint account.

Hubby got paid today and put his half into the joint account so I've moved £200 into our joint savings. Each month we both put the same amount into our joint account to pay for house bills and food. When we were saving for the wedding I started putting £200 from our joint into a separate account. Started the savings again since the wedding and we now have £610

It's a start!

I spent £60 today topping up my oyster but that's it.

Changed my dd on cc1 again to take £400 each month.

Pay day on Friday! Can't wait.

SHill · 22 August 2016 at 7:09PM

Hey congratulations you've had the light bulb moment occur. Marvellous.
Can I just say you need to sit down and go through.
what is coming in and what is going out, money wise.

Make a list of everything you spend write it down say for week a month and then over the year.
This will show what is going out and what you spending any cash without thinking about. The treat coffee and cake once a week too the favourite brand of hair shampoo.
Look at what you are paying for how much food shopping you are doing and can save if you do a brand swap.
This will clear the clutter in your brain and start focusing on where you can making savings and need to spend.
You should go through all your credit card and see if you can remove any balances that are high interest rates (consider balance transfer) reduce your out use ages on the card.
It will hurt a few brain cells but you'll be kicking your self if don't do this sooner.
I've been there and done. I have fallen off the wagon several times.
It will be painful at times. If you include your VI other half in what you are doing then it will help LOADS.
Remember you are not alone.

little_miss_spendtoomuch · 22 August 2016 at 7:26PM

SHill wrote: »

Hey congratulations you've had the light bulb moment occur. Marvellous.
Can I just say you need to sit down and go through.
what is coming in and what is going out, money wise.

Make a list of everything you spend write it down say for week a month and then over the year.
This will show what is going out and what you spending any cash without thinking about. The treat coffee and cake once a week too the favourite brand of hair shampoo.
Look at what you are paying for how much food shopping you are doing and can save if you do a brand swap.
This will clear the clutter in your brain and start focusing on where you can making savings and need to spend.
You should go through all your credit card and see if you can remove any balances that are high interest rates (consider balance transfer) reduce your out use ages on the card.
It will hurt a few brain cells but you'll be kicking your self if don't do this sooner.
I've been there and done. I have fallen off the wagon several times.
It will be painful at times. If you include your VI other half in what you are doing then it will help LOADS.
Remember you are not alone.

Thank you

I really appreciate all the help I can get. I have two credit cards both on 0% interest. The first one runs out in February 2017 but I have 4K on it so won't clear it in time so I will transfer it before he offer ends.

My husband knows all about my debt and is being really supportive.

I have started writing down everything I spend and will continue doing so so each month I can look back over what I've spent.
At the moment I have just being playing catch up as I've been learning to live within my means.

I will definitely look at my food shop. We budget £200 a month for food and are managing lately to stay in budget. We tend to buy mainly fresh meat and veg but have started to and will definitely look at the prices of non branded stuff and give it a try. I'm willing to try anything at the moment to get this debt cleared

:cool:

little_miss_spendtoomuch · 24 August 2016 at 6:51AM

Two NSD's this week so far

I have £43 in my account and I intend to keep it there until pay day! This would be absolute first to make it to the end of the month with money in my account and to have not used the spending cc. :eek:

3 more days...

little_miss_spendtoomuch · 26 August 2016 at 6:52AM

It's pay day!!! :T

I made it and with £40 left over from last month! :beer:

This has never happened before. Not without using my credit card.

So after I have transferred the money to our joint account I'm going to split the £40 and pay £35 onto cc1 and £5 into my holiday 2017 fund

Also going to transfer over £350 to the honeymoon fund which will bring the total to £800 and pay the holiday balance off a few weeks early

abba1772 · 26 August 2016 at 8:19AM

Well done on making it to the end with some money in the bank it's amazing how much money we fritter away when we take our eye off the ball.

My tip is to check your bank daily, I try to make a payment a day towards debt or savings.......at the minute I'm putting money aside for our holiday deposit need to find £625 by 17th September which is doable but very very tight but I feel if you keep a watch on your money every day you end up being aware of what your spending and if it's within your budget xx

little_miss_spendtoomuch · 26 August 2016 at 9:05AM

Thanks abba1772

I have online banking apps on my phone and check both accounts probably twice a day :rotfl: Probably in the fear I will go overdrawn but I still never learnt my lesson.
I only started taking this seriously in June and this is the first month I've made it to pay day with money left. I'm getting there but it's hard to break a life time of bad habits.
I have two direct debits in place to pay £500 a month onto my two credit cards but would really like to try and make extra payments when I can.
Daily payments would be amazing but I'm not sure I'm at that stage yet as I'm still getting used to living on a budget.

So happy it's Friday and a bank holiday weekend :beer:

Hubby is working tomorrow so I'm going to spend the day getting the flat clean and tidy. Always feel better about everything when my home looks good.

We have a couple of meals out planned this weekend but will keep costs down.

abba1772 · 26 August 2016 at 3:17PM

You're doing great then if you've only started this journey in June so well done xx

little_miss_spendtoomuch · 26 August 2016 at 3:34PM

Paid the balance on the honeymoon!

It wasn't due until 23rd September. Feels so good to know that's paid for.
Now just got to save some spending money. We already have some which was gifted to us.
:heartpuls

Must stop spending

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