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  • FIRST POST
    • lessavyfav
    • By lessavyfav 17th Sep 16, 9:41 PM
    • 116Posts
    • 149Thanks
    lessavyfav
    The Next Chapter: Our Dream House Fund
    • #1
    • 17th Sep 16, 9:41 PM
    The Next Chapter: Our Dream House Fund 17th Sep 16 at 9:41 PM
    So, I've been married for two weeks now (which was the most fun, amazing day), a wonderful honeymoon in The Maldives, and now back at home, going back to work on Monday — yep, the honeymoon is definitely over!

    The next step for us is to continue saving for a deposit of our first home. Now, a little secret: I spent more than I wanted to on the wedding (paying extra little things for my mum, bridesmaid, flowers, taxis for family members visiting from abroad), and because my other half already outlaid more money than I did on the wedding, I don't want him to have to bail me out of the extra costs I put on my CC, to the tune of around £2400. He knows I've got an outstanding debt, but not of the exact amount because it makes me pretty embarrassed to be honest. I have a diary over at the Debt Free Diary section but I've started a new one here as I want to start afresh, and am hoping I'll be able to pay off the CC relatively quickly.

    After reading MSE, I discovered the lifeline that is balance transfer credit cards — so I've sent everything over to a Barclaycard for the next 21 months to give me some breathing space. I lowered my CC1 credit limit from £4k to £1400 and the balance transfer card from £6k to £4k. I've had CC2 for a few years, but it has a super low limit and high APR, so I'm going to cancel it this week.

    I have been saving an emergency fund (£100 a month), as well as towards a Help to Buy fund with £200 a month, so that's forced savings, but I know I need to do more. Next month will be a tough one - husband's birthday and my parents are pressuring me to meet them in Europe (they're visiting from Australia) but from Christmas, it should hopefully be smooth sailing.

    I know I need to be more disciplined: better with the grocery budget (which I look after), making an effort with eBay, and spending less on dinners with friends. Time to get my a$$ into gear: here's to the next chapter.
    Emergency fund £500/£1000 50% there
    H2B account: £3000
    0% Balance Transfer (May 2018) £50.00/£2524.93 (1.98% there)
Page 1
    • lessavyfav
    • By lessavyfav 18th Sep 16, 11:52 AM
    • 116 Posts
    • 149 Thanks
    lessavyfav
    • #2
    • 18th Sep 16, 11:52 AM
    • #2
    • 18th Sep 16, 11:52 AM
    Morning!

    So today I've listed three things on eBay, that's about all the energy I can muster! I find it such a tedious task..

    Last night I baked banana bread after I saw we had about 12 ripe bananas piling up in the freezer..it turned out delicious, so that'll be good for lunch treats this week. I also have a few lunches planned to take into work already and am making a proper effort to make things from scratch using good quality produce. Trying to keep it mostly veggie to keep down the costs and be a bit healthier.

    I'm skint from now till payday, but I don't have too much on between now and then. My goal is to spend no more than £170 and this includes a friend's birthday dinner and present, lunch with friends today, travel card, charity DD and a few extras. If I can do this, it means I'll have a little more than £250 leftover to throw towards next month's budget, which is looking to be pretty costly.

    I'm thinking now that my weekends and evening are free of wedmin (woohoo!), I can devote time into being a bit more creative: perhaps start a blog like I've always wanted to. At least that way, I can dedicate my time to something where I'm not spending money, and perhaps in the longrun could make some passive earnings from it.

    Must get on with it, don't want to waste my Sunday!
    Emergency fund £500/£1000 50% there
    H2B account: £3000
    0% Balance Transfer (May 2018) £50.00/£2524.93 (1.98% there)
    • savingwannabe
    • By savingwannabe 18th Sep 16, 5:09 PM
    • 11,895 Posts
    • 44,768 Thanks
    savingwannabe
    • #3
    • 18th Sep 16, 5:09 PM
    • #3
    • 18th Sep 16, 5:09 PM
    Hello and welcome. Well done on Wedding and Maldives. Wow. How amazing is that? Stay strong.
    Kitchen Fund( Nov 2017) £4700/£8000 59%
    Christmas Fund (Dec 1st 2016) £80/£600 13%
    Note to self: DO NOT WASTE MONEY ON FLEABAY
    • lessavyfav
    • By lessavyfav 19th Sep 16, 6:56 PM
    • 116 Posts
    • 149 Thanks
    lessavyfav
    • #4
    • 19th Sep 16, 6:56 PM
    • #4
    • 19th Sep 16, 6:56 PM
    Thanks savingwannabe! Yes, being on that island was a magical experience — who knew a place could be so perfect? I'll never forget it.

    So, today I was well behaved. Other than my travelcard, no spending on coffee, lunch, snacks or anything else. In fact, I brought lunch in but we had a team thing in the diary (paid for) so I left food in the fridge for tomorrow.

    I've also got a couple of bids on two items, so that's great. Plus, I cancelled an old credit card and Capital One told me that I had paid £49 when I first got it six years ago, so I get that back. Happy times!

    Tomorrow's aim:
    - no spending on coffee in the morning! This is a treat I do once a week with my other half after Pilates but we have a barista at work and get free coffee so no excuses. I can do without
    - i shouldn't have anything to spend as I have food in the freezer and lunch sorted already.
    Emergency fund £500/£1000 50% there
    H2B account: £3000
    0% Balance Transfer (May 2018) £50.00/£2524.93 (1.98% there)
    • lessavyfav
    • By lessavyfav 22nd Sep 16, 8:09 PM
    • 116 Posts
    • 149 Thanks
    lessavyfav
    • #5
    • 22nd Sep 16, 8:09 PM
    • #5
    • 22nd Sep 16, 8:09 PM
    Ello, ello!

    I've been keeping an eye on the budget and am still doing okay — spent more at my friend's birthday dinner than I wanted to, but I haven't spent much on work lunches this week (and will bring in tomorrow's), so it's evening out.

    Tomorrow's aims:
    - only buy fruit for lunch
    - make dinner tomorrow night instead of being lazy and having takeaway

    I need more solid savings goals i.e. save £10,000 or save xx by x date. Going to look at my projected spends over the next few months and see what I can rustle up, but I think having a specific focus will make it more achievable.
    Emergency fund £500/£1000 50% there
    H2B account: £3000
    0% Balance Transfer (May 2018) £50.00/£2524.93 (1.98% there)
    • lessavyfav
    • By lessavyfav 26th Sep 16, 7:05 PM
    • 116 Posts
    • 149 Thanks
    lessavyfav
    • #6
    • 26th Sep 16, 7:05 PM
    • #6
    • 26th Sep 16, 7:05 PM
    Ergh, Mondays are so hard. At least the day is over.

    I sold some things on eBay, for much higher than I thought, bonus! Two people have paid, just waiting on the other person..that'll be an extra £130 once fees are taken out so I'm happy

    I'm meeting a friend for lunch tomorrow and no other spending expected till payday on Wednesday — can't come around soon enough. Once I get paid, a lot of that will go back out of my accounts, depressing. But very much looking forward to soon being able to add more money to the savings pot at least.

    I'm keeping my eyes peeled for the £49 cheque refund for my CC, though that'll go straight back on the 0% card.

    And that's it! A very quiet week ahead for me as I have a few friends away, so I'm going to lay low!
    Emergency fund £500/£1000 50% there
    H2B account: £3000
    0% Balance Transfer (May 2018) £50.00/£2524.93 (1.98% there)
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