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  • FIRST POST
    • crunch_time
    • By crunch_time 23rd Oct 16, 8:22 PM
    • 1,012Posts
    • 2,668Thanks
    crunch_time
    Learning to budget to make future adventures happen
    • #1
    • 23rd Oct 16, 8:22 PM
    Learning to budget to make future adventures happen 23rd Oct 16 at 8:22 PM
    Evening everyone!

    I've decided its time for a new diary after sort of losing steam with my old one.

    In September 2013 our debt peaked at £29k. With some luck, a vague budget, changing priorities (kids), and some significant salary increases we have now got it down to circa £13-14k.

    I have learned lots during the process but the thing that I feel is holding us back is our inability to stick to a budget (or, more accurately, create a realistic budget).

    So basically the grand plan is to smash this 'debt hangover' as the hubs and I call I, as soon as possible so we can start using the money we currently use to pay it off for the adventures we have been planning pretty much all our adult lives. And also the things we should be doing at our age to be financially savvy like overpay the mortgage, contribute more into pension pots etc etc.

    I love the support from the wonderful people on this forum and look forward to sharing this adventure with you all!

    More info to follow!

    Crunchy
    LBM June 2014. Original debt £23,555 vs Now £0 Paid off in April 2017. Since then lost my way a bit and then decided to move house and start a new course...
    NEW LBM: 16/9/17 NEW DEBT: £7232 Now: £6564 Paid off £668
    Dog/New House savings £1519 Long term savings (finally) £840
Page 24
    • crunch_time
    • By crunch_time 12th Oct 17, 1:55 PM
    • 1,012 Posts
    • 2,668 Thanks
    crunch_time
    Afternoon,

    Work was horrible yesterday - been told by the head that I should expect a letter from hr inviting me to a meeting regarding my high sickness. She has however lumped together my unpaid time off when kids sick with my own which makes it about 12 days which I know is ‘illegal.’ I told her I was questioning whether I wanted to continue working going forwards and to be honest don’t worry about the meeting as my decision would come first. All she said was ‘ok.’ I heard from another colleague that my line manager was talking negatively behind my back about me and rolling her eyes regarding my husband not taking days off to look after the children when they are ill. Very unprofessional I know.

    We now have a rough date for moving which is in half term meaning I can resign on the 31st October to leave at Christmas as planned!! Woohoo!!

    Part of me wants to fight the head for the things that have happened and the other part wants to channel my energy into my new life. It is clear from the management teams behaviour and attitude that they have a view of me which is wrong. The old me would go out of my way to prove them right but something about this screams to me to just take the high road. What does it matter? I’m off to much bigger and brighter things. I’m going to challenge when I’m required to buy otherwise keep my mouth shut and focus on the positives! Prove them wrong with my impeccable behaviour.

    Crunchy x.
    LBM June 2014. Original debt £23,555 vs Now £0 Paid off in April 2017. Since then lost my way a bit and then decided to move house and start a new course...
    NEW LBM: 16/9/17 NEW DEBT: £7232 Now: £6564 Paid off £668
    Dog/New House savings £1519 Long term savings (finally) £840
    • Nicnak
    • By Nicnak 12th Oct 17, 5:02 PM
    • 157 Posts
    • 411 Thanks
    Nicnak
    That's awful, workplace bullying at its best.

    There is another option, suggest a compromise agreement with them.
    They pay you off to leave. If you want to leave, they clearly have an awful opinion of you that is incorrect.

    What they are doing is discrimination. I'd be sure to make hem aware you know it is as well.
    Hope you're ok? X
    September 6th 2017 start Updated 18th October
    Credit Card £430 now: £0
    Tesco Loan £7500 = £7110
    Car loan £17450 = £17,099
    Total = £25,330 £24,319
    • Seasidegal58
    • By Seasidegal58 12th Oct 17, 9:56 PM
    • 920 Posts
    • 4,842 Thanks
    Seasidegal58
    I'm sorry you had such a rough time at work crunchy. I think Nicnak's compromise idea is a good one. My sister-in- law worked for a council on its legal side and after a few years things deteriorated workwise there and she was very unhappy like you. She broached the settlement idea and they agreed. She did some locum work for a while and has just started a promising new job.
    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!"
    • Nicnak
    • By Nicnak 14th Oct 17, 5:26 PM
    • 157 Posts
    • 411 Thanks
    Nicnak
    How are you?
    September 6th 2017 start Updated 18th October
    Credit Card £430 now: £0
    Tesco Loan £7500 = £7110
    Car loan £17450 = £17,099
    Total = £25,330 £24,319
    • crunch_time
    • By crunch_time 15th Oct 17, 12:34 PM
    • 1,012 Posts
    • 2,668 Thanks
    crunch_time
    Thanks guys!! Iím still here just very fraught with juggling moving, kids, working etc.

    This is potentially the last weekend before we move so we are manically packing, paint touch ups, organising etc.

    Things we have done so far....

    - after discussion with my union I have emailed the head outlining the things she is Ďbreaking the lawí on. Itís not personal itís just Ďyou canít ask me to do this blah blah.í Iím waiting with baited breath for the response but meanwhile will get my head down to finish off the remaining 20 something days.
    - I have typed out, signed and enveloped my resignation for handing in at the end of the month!! Itís going to be a busy few weeks so getting ahead of myself.
    - we have empires out the offi e and all furniture is now in the house making it chaotic!!
    - we have also dig up plants to take over as we are not leaving them here - they were gifts for us to enjoy.

    I havenít completely taken my eye off the ball money wise but I have had a week without staring at my spreadsheet worrying and just taking things day by day.

    If it all goes quiet here itís because of move buisiness/no internet. I will get back on once the dust settles to set our intentions for the rest of the year!!

    Crunchy xx
    LBM June 2014. Original debt £23,555 vs Now £0 Paid off in April 2017. Since then lost my way a bit and then decided to move house and start a new course...
    NEW LBM: 16/9/17 NEW DEBT: £7232 Now: £6564 Paid off £668
    Dog/New House savings £1519 Long term savings (finally) £840
    • Nicnak
    • By Nicnak 15th Oct 17, 12:40 PM
    • 157 Posts
    • 411 Thanks
    Nicnak
    Good luck with everything x
    September 6th 2017 start Updated 18th October
    Credit Card £430 now: £0
    Tesco Loan £7500 = £7110
    Car loan £17450 = £17,099
    Total = £25,330 £24,319
    • Seasidegal58
    • By Seasidegal58 15th Oct 17, 6:38 PM
    • 920 Posts
    • 4,842 Thanks
    Seasidegal58
    ...and from me as well. Itís exciting now that everything is finally coming together.
    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!"
    • crunch_time
    • By crunch_time 19th Oct 17, 7:25 AM
    • 1,012 Posts
    • 2,668 Thanks
    crunch_time
    Morning diary!!

    We are on for moving this weekend!! Woohoo!!

    Absolutely loads to do as you can imagine! Instead of getting the movers in we are hiring a van over 3 days for £180!! The children will stay with relatives so that we can just get on with it so it won’t be a hideous rush.

    I managed my 3 days of work with parents evening with no hiccups just feel tired now and have a cold.

    It is pay day today so later I will log on and squirrell some money away for child care. I also need to take cash out to pay for the puppy at some point.

    Just relaxing in the sofa for 5 minutes before the onslaught!!

    Thanks for all the best wishes! Will report back as soon as I have internet and the dust settles.

    Crunchy xx
    LBM June 2014. Original debt £23,555 vs Now £0 Paid off in April 2017. Since then lost my way a bit and then decided to move house and start a new course...
    NEW LBM: 16/9/17 NEW DEBT: £7232 Now: £6564 Paid off £668
    Dog/New House savings £1519 Long term savings (finally) £840
    • DebtFreeDuo
    • By DebtFreeDuo 19th Oct 17, 7:47 AM
    • 231 Posts
    • 1,050 Thanks
    DebtFreeDuo
    Good luck with the move, I hope all goes smoothly for you.
    Debt 14/10/17/20/9/17 5395.16/5690.50 = Loan: 2065.32/2207.38 Car Loan: 2292.94/2419.64 0% CC: 1036.90/1063.48 DFD April 19 (Target Dec 18).
    Make up to £10 a day challenge: £110.51/£150..NSD October 12/15
    • abba1772
    • By abba1772 19th Oct 17, 7:54 AM
    • 3,875 Posts
    • 11,239 Thanks
    abba1772
    Good luck with the move xx
    NEXT TARGET HALIFAX CC WAS July 17 £3572.57 NOW £5364.81
    POAMAYC 2011 £6382.66 POAMAYC 2012 £5000.78
    POAMAYC 2013 £3480.04 POAMAYC 2014 £4085.14
    POAMAYC 2015 £7565.24 POAMAYC 2016 £8000.90
    POAMAYC 2017 £4908.50 / £6000
    • Seasidegal58
    • By Seasidegal58 19th Oct 17, 10:11 PM
    • 920 Posts
    • 4,842 Thanks
    Seasidegal58
    Hope all goes well crunchy. Happy new forever home! Look forward to your update in due course!
    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!"
    • Nicnak
    • By Nicnak 20th Oct 17, 8:11 AM
    • 157 Posts
    • 411 Thanks
    Nicnak
    Hope the move goes well
    September 6th 2017 start Updated 18th October
    Credit Card £430 now: £0
    Tesco Loan £7500 = £7110
    Car loan £17450 = £17,099
    Total = £25,330 £24,319
    • crunch_time
    • By crunch_time 22nd Oct 17, 8:01 AM
    • 1,012 Posts
    • 2,668 Thanks
    crunch_time
    I’m still here! Still in the old house! The move hasn’t happened this weekend as planned - delayed until hopefully next week - for loads of reasons! Big sigh! There is nothing I can do about it but loads of things we can do to make progress. We are tackling the loft today and taking some car loads over to the new house.

    On positive for the delay is that the closer we get to the end of the month the more likely it is our first mortgage payment will come out in December giving us £1k extra. That would be marvellous! Fingers crossed.

    I’ve been busy organising the utility bills for the new place and so far it’s going to cost us an extra £60 roughly a month. This is just about doable in the new year budget. We shall see though.

    I have also had a little chat with the husband who has developed a rather unnecessary duty free habit during his weekly commute up north for work. Recent purchases include fresh ground coffee for £12.60!!!! (Which lasted a week bye), a bottle of expensive gin for sloe gin for Christmas (£17.99), and two bottle of prosecco to celebrate the house move when it finally happens £10.99......each). I told him this has blown our monthly spending budget and of course all of it is completely unnecessary. I’m still waiting for him to have his proper light bulb moment. Perhaps when we are on one income he will.

    He has been invited on a European stag do next year which will cost £250 for a friend of a friend. He said he would like to go if he can! My heart immediately started racing as I’d like him to have fun however it is money that will be taken away from the family holiday/family fun. I spelled out to him the new budget and how tight it is and suggested I stay in work until Easter to pay for all of this. He got cross with me telling me I’d be unhappy so no. Why does he totally contradict himself like this? Actions and words are so different. Perhaps this move will really change him.

    Crunchy xx
    LBM June 2014. Original debt £23,555 vs Now £0 Paid off in April 2017. Since then lost my way a bit and then decided to move house and start a new course...
    NEW LBM: 16/9/17 NEW DEBT: £7232 Now: £6564 Paid off £668
    Dog/New House savings £1519 Long term savings (finally) £840
    • Seasidegal58
    • By Seasidegal58 22nd Oct 17, 12:39 PM
    • 920 Posts
    • 4,842 Thanks
    Seasidegal58
    Sorry the move was delayed but the extra £1k will come in very handy!. Also taking bits over to the new house will mean less work on the actual move day so all good,

    Does sound like OHís lightbulb is only flickering at the moment. As you say though, once the reduced income kicks until you are up and running again, his bulb should kick in!
    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!"
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