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  • FIRST POST
    • Seasidegal58
    • By Seasidegal58 18th Sep 16, 1:27 PM
    • 1,074Posts
    • 5,747Thanks
    Seasidegal58
    Paid off the £31,000! BUT - still scrimping!
    • #1
    • 18th Sep 16, 1:27 PM
    Paid off the £31,000! BUT - still scrimping! 18th Sep 16 at 1:27 PM
    Hereís to my new shiny diary now that I am debt free!

    I have finished my previous diary which detailed my debt free journey. This went well for some months Ė I then failed dismally, managed to pull myself together to pay off half then had a lucky windfall which cleared the rest. If you want to have a look itís called ďScrimping Behind the Scenes Ė with Debt of £31,000!Ē (sorry, I canít manage to get the link to work!).

    In the diary I detailed how I was trying to pay off the debt without alerting the fact to family and friends as I was too embarrassed to let anyone know the extent of my folly!

    I have however decided to carry on scrimping as I have a few retirement issues coming up. One of the things that will make scrimping easier is that I donít have to do this in secret anymore! My reasons for cutting back financially will be out there for friends and family to see Ė which will let some of the pressure off!

    I am now in my early sixties but my State pension will not kick in for another four and a half years. I will not be getting the full whack as I have had contracted out of the second State pension because I was a member of a previous employerís final salary scheme. Luckily this pension will take a little of the headache away and I have a couple of small DCB schemes from other employment over the years though these will not amount to much. I am in my current employerís company scheme and both they and I pay into this Ė though again itís not going to be life changing!

    I calculate that I when I retire my income will be slashed by well over half so to carry scrimping would be a good run up to retirement test for me.

    A big worry is that the firm I work for was recently bought out. I have been through this sort of thing with previous employers. What tends to happen is this:

    1. Big lovey-dovey honeymoon period between new owners and old owners (who have been paid out, but stay on for goodwill).

    2. New owners and old owners start to fall out over the management of the company. The new owners want to run the company their way and old owners think they know better.

    3. Bad feeling hits all round and new owners start to have a ďpeopleĒ clear out.Ē

    Iím rather apprehensive about the possibility of a people clear out because of my age. I think I will be ok as long as my boss is there but unfortunately he is older than me!

    Accordingly, my next scrimpy goal is to fully fund my ďEmergency Fund.Ē It currently stands at £3,000- but I would like to see it at £10,000 to feel safe. If I can fund it with £1,000 per month (like I did with my debt), I will have £10,000 by end April next year.

    So today is going to be a NSD. I have £26.90 left spending money and £18.33 in the grocery budget till I get paid next Friday.

    So here we go again Ė interesting times!
    Finally Debt Free! - July 2016
    Finished Emergency Fund- £10,000 April 2017

    Next Scrimpy Goal - Save for New Kitchen!
    My debt free diary - " Paid off the £31,000 - BUT still scrimping!"
Page 12
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 7th Sep 17, 9:18 PM
    • 1,855 Posts
    • 7,100 Thanks
    HairyHandofDartmoor
    You've done so well paying off your debts and then saving an emergency fund. You deserve a new kitchen. Hopefully your boss will feel sorry tomorrow!
    My Diary http://forums.moneysavingexpert.com/showthread.php?t=5716867
    Debt in July 2017 = £58,766 DEBT FREE 31 October 2017
    NEW GOALS - Build an Emergency Fund & Loss of Income Fund
    Emergency Fund 1 = £638/Emergency Fund 2 = £120
    • Seasidegal58
    • By Seasidegal58 7th Sep 17, 10:14 PM
    • 1,074 Posts
    • 5,747 Thanks
    Seasidegal58
    Thanks guys for all your comments - especially bob for taking time to post as I know you are having an especially tough time at the moment. And JW - I'm getting back into your diary next to see what you have been up to!

    Welcome HairyHandofDartmoor! what a great name - makes me think of werewolves running riot over the moor at the full moon ( you're not really one are you!)

    Well it's a funny set up between me and the boss. We've known one another nearly forty years since we were in our twenties working at the same company. He left and went to another firm though we would catch up from time to time at various ex-colleagues drinks etc. About twenty years ago the firm I was working for was taken over by his firm and we ended up in the same division. He had done really well for himself and asked me to work for him - this was a more interesting position for me and I've been with him ever since. We've moved around firms a couple of times since then and he's always looked after me salary and bonus wise and I was able to reduce my mortgage quite significantly. He can get snappy but I always retaliate and can generally shut him up! I don't think there's a team quite like us in the firm! So in a way we're like friends but where one friend is the proverbial pain in the butt from time to time!

    But you are all quite right - he shouldn't act like the way he does. I'm afraid the old school City culture has got a lot to blame for this and he is a product of his time.

    Anyway he has been as nice as pie today! And at least I'm not married to him!

    SSG x
    Finally Debt Free! - July 2016
    Finished Emergency Fund- £10,000 April 2017

    Next Scrimpy Goal - Save for New Kitchen!
    My debt free diary - " Paid off the £31,000 - BUT still scrimping!"
    • JWPopps
    • By JWPopps 8th Sep 17, 9:36 AM
    • 253 Posts
    • 1,315 Thanks
    JWPopps
    yes, that would definitely be worse!!

    You're not missing anything especially exciting over on my diary, SSG - just a lot of complaining on my part
    Credit Card Debt: £572.37
    Loan Debt: £6,454.65
    Savings: £170



    [B]PAYDBX 2017 - #19 : 57% paid 4715/8280[/
    • brizzledfw
    • By brizzledfw 8th Sep 17, 3:23 PM
    • 7,156 Posts
    • 34,729 Thanks
    brizzledfw
    Just catching up, lovely to have you back on the threads. Wow wow wow to the EF success and the personal training of course. Very impressive

    Friends/management issues are not infrequent. Pity it happened but probably something on balance you can live with if it only happens occasionally? However swearing at someone is always unacceptable but I have been slightly surprised at how frequently it happens in both public and private sectors. Maybe have a quiet chat with him next week and say how much it upset you and how he needs to keep himself in check in future.. city culture or not. (I work in a similar world so I know exactly what you mean..not enough diversity or women or BME tbh..I could go on)

    Have a great weekend x
    MFiT-T4 Member No. 96 - 2022 is my MF goal
    Winter 17/18 Savings Rate Goal: 25% [October 30%]
    Declutter 200 items before 31.01.18 xx/200 ** LSDs Target 10 for Winter 0x/10 **AFDs xx/15 ** Sales Target '17 £750 £225 so far
    **NSDs Target 10 for Winter xx/10 Trying to be a Frugalista
    • Seasidegal58
    • By Seasidegal58 8th Sep 17, 9:15 PM
    • 1,074 Posts
    • 5,747 Thanks
    Seasidegal58
    You're not missing anything especially exciting over on my diary, SSG - just a lot of complaining on my part
    Originally posted by JWPopps
    Oh JW I've just caught up with your diary and if anyone has had the right to vent her feelings lately ( I wouldn't call it complaining!), it is you!

    And hi brizzle Thanks for your comments. He's been as good as gold today (sounds like a three years old!). He will have to watch out though ( and I will have to watch out for him as well) as one of our HR managers is going to temporarily "hot desk" near ours! It's a shame because he is so good in lots of other ways. He let me go early today and he often does that if we are not too busy. Most other bosses at our firm wouldn't bother. You're right about the swearing becoming more common though. The F word seems to be becoming a part of the English conversational vocabulary in some quarters (and with more girls sadly). My dad was an East End docker but the only swear word he would ever use in our house was the occasional "bloody" when he was really annoyed!

    I transferred over £50 to my sister today as contribution towards little nephews' new school uniform and ad hoc clothes as he's growing so fast. Although in the photo she sent me of him posing in his uniform before he started school his satchel was so big he looked like he was heaving round a suitcase!. But he did look cute! Sis and OH's money is a bit tight at the moment owing to a few things and he is my only nephew!

    Also remembered I had £15.18 to claim back from the BBC as they are shutting down their online shop soon and I have a rebate to come on some shows I had downloaded.

    Weather was appalling today and the mornings are darkening fast but at least we're not living in the Caribbean or south east USA. One colleague thankfully heard today that his brother-in-law was safe in BVI but a good friend is worried about her daughter's family who live just outside Tampa and about four hours drive from Miami. They have horses and other animals as well. Hopefully all will be well.

    SSG x
    Finally Debt Free! - July 2016
    Finished Emergency Fund- £10,000 April 2017

    Next Scrimpy Goal - Save for New Kitchen!
    My debt free diary - " Paid off the £31,000 - BUT still scrimping!"
    • Sun Addict
    • By Sun Addict 8th Sep 17, 9:59 PM
    • 4,612 Posts
    • 26,306 Thanks
    Sun Addict
    How kind of you to contribute towards nephew's school uniform. Your sister is lucky to have you xx
    Virtual Sealed Pot £671.22
    November NSD 4/12
    Weight loss 1/7lbs
    Mr SA finally in remission December 2013
    • Seasidegal58
    • By Seasidegal58 10th Sep 17, 9:09 PM
    • 1,074 Posts
    • 5,747 Thanks
    Seasidegal58
    Where has the weekend gone?! Can't believe I'm back to work tomorrow.

    Yesterday was quiet. Went to the gym in the morning. Had a good weights session with the PT. Went home, had shower, finished the housework then picked a few foodie bits at the Co-op. Santander had an offer on my account of 8% Cashback on any Co-op shop so bought the shopping on my debit card instead of the Amex Cashback card. Spent the evening watching Strictly and then caught up with Inspector Montalbano. Love that series! Sicily is on my bucket list!

    Today I spent the afternoon at our local annual Regatta. I went with my friend and met her DD and SIL down there. Shame that the weather was so windy and rainy. Good atmosphere though and plenty of people turned out. My friend's DD sings in a band and knew one of the other bands performing there so they had her up to sing with them. They were so good! Afterwards friend's DD and SIL treated us both to a lovely Italian meal though we couldn't believe the weather when we left the restaurant. I've never seen rain like it !

    Anyway I'm in now and just trying to decide whether I catch up on the with Comorant Strike or that rather nice Levison Wood......

    SSG x
    Finally Debt Free! - July 2016
    Finished Emergency Fund- £10,000 April 2017

    Next Scrimpy Goal - Save for New Kitchen!
    My debt free diary - " Paid off the £31,000 - BUT still scrimping!"
    • Sun Addict
    • By Sun Addict 10th Sep 17, 9:24 PM
    • 4,612 Posts
    • 26,306 Thanks
    Sun Addict
    Sounds like a fab weekend SSG .
    Virtual Sealed Pot £671.22
    November NSD 4/12
    Weight loss 1/7lbs
    Mr SA finally in remission December 2013
    • Seasidegal58
    • By Seasidegal58 11th Sep 17, 9:54 PM
    • 1,074 Posts
    • 5,747 Thanks
    Seasidegal58
    Forgot to mention only spent £7.85 on drinks at the Regatta yesterday plus £2 in the Sea Scouts and Macmillan charity tins.

    Then there was today....

    Basically:
    • Dentist bill that cost as much as a holiday.
    • I lost my Fitbit!

    I went to the dentist this morning for my check up. Last year the inlay on one my molars came away when I chewed on a toffee. The dentist cemented it back but said that it may have to be replaced eventually. Well eventually finally came today - £990! oh and that's with my 10% discount. And no it's going to be made of platinum either. So the emergency fund will be finally raided and then I'll have to replace it so kitchen will be pushed back.

    And to top it all when I got up to get off the train this evening I realised My Fitbit wasn't on my wrist! I know it was there lunchtime but I can't remember it since. It wasn't on the train so I'm hoping it fell off near my desk and perhaps the cleaners have found it.

    Pee'd off from Seasideville signing off.

    (But my friend's family ok in Florida - Irma seemed to swerve slightly just before it got to them so though no electricity and a bit of a disaster tree and fencing wise, all ok including the animals. So could have been a lot worse and puts my moaning into perspective).
    Finally Debt Free! - July 2016
    Finished Emergency Fund- £10,000 April 2017

    Next Scrimpy Goal - Save for New Kitchen!
    My debt free diary - " Paid off the £31,000 - BUT still scrimping!"
    • JWPopps
    • By JWPopps 12th Sep 17, 9:16 AM
    • 253 Posts
    • 1,315 Thanks
    JWPopps
    Oh SSG that's horrendous luck - on the dentist and the FitBit fronts! Hope the cleaners did find it.

    So pleased to hear everything's ok with your friends' family - it must be really terrifying for people there.
    Credit Card Debt: £572.37
    Loan Debt: £6,454.65
    Savings: £170



    [B]PAYDBX 2017 - #19 : 57% paid 4715/8280[/
    • Scott_Weiland
    • By Scott_Weiland 12th Sep 17, 10:49 AM
    • 616 Posts
    • 1,500 Thanks
    Scott_Weiland
    Arrrrrghhhhhhhh re the fitbit i hope it turns up soon x
    Debts 15981.64 total paid 2078
    Cashback Earnings YTD £166.90 Survey Earnings YTD £535.12
    • reality_check
    • By reality_check 12th Sep 17, 6:53 PM
    • 683 Posts
    • 1,475 Thanks
    reality_check
    That was one expenive toffee!!! You won't be eating that again in a hurry! xx
    Starting debt £18,675.63
    Current debt: £8,250
    • Scott_Weiland
    • By Scott_Weiland 12th Sep 17, 7:12 PM
    • 616 Posts
    • 1,500 Thanks
    Scott_Weiland
    Forgot to mention only spent £7.85 on drinks at the Regatta yesterday plus £2 in the Sea Scouts and Macmillan charity tins.

    Then there was today....

    Basically:
    • Dentist bill that cost as much as a holiday.
    • I lost my Fitbit!

    I went to the dentist this morning for my check up. Last year the inlay on one my molars came away when I chewed on a toffee. The dentist cemented it back but said that it may have to be replaced eventually. Well eventually finally came today - £990! oh and that's with my 10% discount. And no it's going to be made of platinum either. So the emergency fund will be finally raided and then I'll have to replace it so kitchen will be pushed back.

    And to top it all when I got up to get off the train this evening I realised My Fitbit wasn't on my wrist! I know it was there lunchtime but I can't remember it since. It wasn't on the train so I'm hoping it fell off near my desk and perhaps the cleaners have found it.

    Pee'd off from Seasideville signing off.

    (But my friend's family ok in Florida - Irma seemed to swerve slightly just before it got to them so though no electricity and a bit of a disaster tree and fencing wise, all ok including the animals. So could have been a lot worse and puts my moaning into perspective).
    Originally posted by Seasidegal58
    Its a pain isn't it i remember biting into a mentos sweet then chewing and hearing a crack, 220 quid for a crown later. gerrrrrrr
    Debts 15981.64 total paid 2078
    Cashback Earnings YTD £166.90 Survey Earnings YTD £535.12
    • Seasidegal58
    • By Seasidegal58 13th Sep 17, 1:33 PM
    • 1,074 Posts
    • 5,747 Thanks
    Seasidegal58
    That was one expenive toffee!!! You won't be eating that again in a hurry! xx
    Originally posted by reality_check
    I haven't eaten proper toffee (the teeth cementing kind) since the inlay originally came out! Was ticked off by the dentist at the time as well!

    Well the Fitbit has well and truly disappeared into the wide blue yonder - so annoying. It was a Christmas present too and its not even worth claiming on my insurance as my excess is £250 and hasn't been used up!

    Anyway I went to the gym last night - got blown away and thoroughly wet on the walk home by what felt like a mini-Irma! Had a nice hot shower when I got in and then watched Bake-Off whilst eating my dinner. I have to eat something when I watch Bake-Off so just as well it was the dinner!

    I visited the podiatrist this morning about my dodgy foot! Briefly the plantar fasciitis in my left foot appears to have been set off by my right foot! I sprained this very badly some years ago and the sprain has put my right foot out of some sort of alignment so I have been compensating this with my left foot (keep up!). He was very thorough, but now I have to have a MRI and X-rays on both feet! I also have to cut down the cardio even more at the gym for the time being to rest the foot.

    I've booked tickets for the Christmas Show in November that I always attend. Got 20% off via booking online with a code they sent me.

    Positive! - surveys on the PA website are at £8.45 now in just over a week since I started! I'll wait till I've got the total up to £20 and then wing it across.

    SSG x
    Finally Debt Free! - July 2016
    Finished Emergency Fund- £10,000 April 2017

    Next Scrimpy Goal - Save for New Kitchen!
    My debt free diary - " Paid off the £31,000 - BUT still scrimping!"
    • Sun Addict
    • By Sun Addict 13th Sep 17, 9:31 PM
    • 4,612 Posts
    • 26,306 Thanks
    Sun Addict
    Boo to the Fitbit loss and dentist bill I find the straps on Fitbits are very flimsy and easily come undone. I've got a Fitbit Charge and bought a strap with a watch fastening for it which is more secure.

    Also boo to foot I dread to think what damage my broken ankle has done in the long run.

    At least there are a couple of positives
    Virtual Sealed Pot £671.22
    November NSD 4/12
    Weight loss 1/7lbs
    Mr SA finally in remission December 2013
    • Seasidegal58
    • By Seasidegal58 14th Sep 17, 1:32 PM
    • 1,074 Posts
    • 5,747 Thanks
    Seasidegal58
    Boo to the Fitbit loss and dentist bill I find the straps on Fitbits are very flimsy and easily come undone. I've got a Fitbit Charge and bought a strap with a watch fastening for it which is more secure.
    Originally posted by Sun Addict

    Yes SA I think I will do that next time - you'd think they would supply a decent strap along with the Fitbit!

    Last night I had my nails done after work. Received an email today from the holiday company with details of meeting up at the airport. Getting close now - only two weeks! I think I'll sort out what I am taking at the weekend. I won't need any beach type wear, but will need to buy a decent sun hat. Also could do with a couple of pairs of jeans/light trousers for the daytime. I've got £50 currently in the "Clothes" budget so will probably need to top up when I get paid on 25th.

    Gym tonight, but need to go easy on the foot.

    SSG x
    Finally Debt Free! - July 2016
    Finished Emergency Fund- £10,000 April 2017

    Next Scrimpy Goal - Save for New Kitchen!
    My debt free diary - " Paid off the £31,000 - BUT still scrimping!"
    • Scott_Weiland
    • By Scott_Weiland 14th Sep 17, 3:34 PM
    • 616 Posts
    • 1,500 Thanks
    Scott_Weiland
    Thats a pain re the fit bit i use use a Tom Tom watch they are a good cardio watch if you like running/cycling etc
    Debts 15981.64 total paid 2078
    Cashback Earnings YTD £166.90 Survey Earnings YTD £535.12
    • Seasidegal58
    • By Seasidegal58 15th Sep 17, 9:12 PM
    • 1,074 Posts
    • 5,747 Thanks
    Seasidegal58
    Thats a pain re the fit bit i use use a Tom Tom watch they are a good cardio watch if you like running/cycling etc
    Originally posted by Scott_Weiland
    I'll have to look into the Tom Tom watch Scott. I really used the Fitbit for counting my steps though I won't be doing much cardio till the consultant looks at my foot again. Ive got an appointment for the MRI and X-rays on Monday morning so hopefully it won't be too long before I see him. Went to the gym tonight and did weights - re legs just did hamstring curls and deadlifts so didn't put much pressure on the foot.

    I'm now up to £16.15 on the PA surveys!

    I had an email from Santander to warn me that the year is nearly up on my special interest rate of 3% in my E-Saver account and it will be dropping down to something abysmal! So I've looked around and I can't find an easy access account that pays any better than the 1.5% I'm getting on my 123 current account. I can't really be bothered to open another high interest paying current account which only allows you to deposit a smallish amount so I think I will just move the funds in the Saver across to the 123. I don't really want a fixed deposit even though the interest is better as I look upon my emergency fund as insurance and I want to be able to access it easily, and as Dave Ramsey explained it - you expect to pay for insurance! (i.e. a lower interest rate).

    Anyway the weekend is finally here - yippee!
    Finally Debt Free! - July 2016
    Finished Emergency Fund- £10,000 April 2017

    Next Scrimpy Goal - Save for New Kitchen!
    My debt free diary - " Paid off the £31,000 - BUT still scrimping!"
    • Sun Addict
    • By Sun Addict 15th Sep 17, 9:21 PM
    • 4,612 Posts
    • 26,306 Thanks
    Sun Addict
    Interest rates are rubbish for savers at the moment unfortunately.

    Good luck with the foot appointment, hope it gets sorted quickly xx
    Virtual Sealed Pot £671.22
    November NSD 4/12
    Weight loss 1/7lbs
    Mr SA finally in remission December 2013
    • UncannyScot
    • By UncannyScot 16th Sep 17, 5:54 PM
    • 817 Posts
    • 4,092 Thanks
    UncannyScot
    Hi SSG popped round for a wee visit
    Brought some virtual cake...
    BUGGRITMILLENIUMHANDANDSHRIMP I TOLD EM! - Foul Ole Ron
    It is important that we know where we come from, because if you do not know where you come from, then you do not know where you are, and if you don't know where you are, then you don't know where you are going. If you don't know where you're going, you're probably going wrong.
    R.I.P. T.P.
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