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  • FIRST POST
    • Suffolk lass
    • By Suffolk lass 28th Jan 17, 12:18 PM
    • 1,586Posts
    • 18,084Thanks
    Suffolk lass
    Get a grip woman!
    • #1
    • 28th Jan 17, 12:18 PM
    Get a grip woman! 28th Jan 17 at 12:18 PM
    Having been reading a number of people's debt-free wannabe diaries for some time now, I have finally decided I will start my own.

    We are less than three years from wanting to stop work, and less than ten years from state retirement age. I manage our household finances and DH lets me get on with it. His attitude is more "live for today" so we are a good balance, I think. We have two holidays each year and sometimes more - and he has some boys toys - 2 Harley Davidson motorcycles in the garage, that seem to always need money spending on them. That said, there is more to be said in favour of a happy and contented DH than against them so I don't resent them in any way.

    So to debts - It seems a good time because I have recently finished the finance on my car, and as of yesterday, paid off the finance for DS's car (I borrowed from him 18 months ago and paid back by buying his car on finance and paying his insurance). I was paying 4.7% on that debt so it was my highest priority. I paid it off 10 months early using most of my HSBC Regular Saver that matured this week.

    The debts I have currently are:

    £110,621 - Mortgage - interest rate of 0.74% (0.5 above the BoEBR)
    £3,476 - DH's car - 0% credit card until Sept 17 - a £4000 cash advance with a £76 fee
    £8,755.54 - Barclays Finance for double glazing 0% over 2 years 2/24 paid

    Total £122,852.54

    It isn't that I can't afford to keep up payments, it is more that I want us to start our non-work phase without them hanging over us, if you know what I mean.

    I think that will do for a scene setter.

    SL
    MFiT T4 #2 update 42.67% after Q7 £5,465 behind where I should be
    Save £12k in 2017 #64 - £9,260.94 saved (84.19%) after October - my annual target is £11,000
    OS Grocery Challenge 2017 budget of £3,600 £3000 (reduced from Apr) - 78.56% including stores after October
    My DFD is http://forums.moneysavingexpert.com/showthread.php?t=5593594
Page 11
    • Suffolk lass
    • By Suffolk lass 26th Oct 17, 6:39 AM
    • 1,586 Posts
    • 18,084 Thanks
    Suffolk lass
    Hooray, it is pay pay for DH today. What a tight month! We went into town yesterday as I had some work clothes click and collect to try. I returned three pairs of trousers but bought two additional tops while in store - on CC which will be horrendous in Dec - I may need to pay some extra this month to make it more manageable. I had no choice as all my winter clothes are too big!

    Then I spent £3.99 from the remains in my purse on some charity plates (making some cake stands) ready for when my stand parts arrive. After another CC purchase in Waitflower - this time it was cake ingredients we came home.

    We bailed out of the planned gardening to go for a lovely walk in the countryside and down by the river. 25th October and it was warm enough for a picnic by the river (there was a family down there!). The rest of my cash paid for a quick drink in the pub before coming home. At least I avoided getting any more cash out
    MFiT T4 #2 update 42.67% after Q7 £5,465 behind where I should be
    Save £12k in 2017 #64 - £9,260.94 saved (84.19%) after October - my annual target is £11,000
    OS Grocery Challenge 2017 budget of £3,600 £3000 (reduced from Apr) - 78.56% including stores after October
    My DFD is http://forums.moneysavingexpert.com/showthread.php?t=5593594
    • Suffolk lass
    • By Suffolk lass 27th Oct 17, 8:31 AM
    • 1,586 Posts
    • 18,084 Thanks
    Suffolk lass
    Well I bit the bullet and made all my planned C cakes yesterday. Three small and two medium from two quantities of the recipe I use. As I have made them good and early I will "feed" them for a month by injecting with a children's medicine syringe and "injecting" brandy, before deciding whether to ice them. That is four C gifts sorted and one for us.

    We did do the dump run yesterday but then I had to have a little lie down before any gardening (having got up at 05.00), by which time it was raining.

    I have a Dr appointment this morning but planning another NSD today if possible. I must get out in the garden and plant my bulbs and prep the veg garden for winter. We will need lots of farmyard manure and maybe some old carpet/matting to suppress weeds too.
    MFiT T4 #2 update 42.67% after Q7 £5,465 behind where I should be
    Save £12k in 2017 #64 - £9,260.94 saved (84.19%) after October - my annual target is £11,000
    OS Grocery Challenge 2017 budget of £3,600 £3000 (reduced from Apr) - 78.56% including stores after October
    My DFD is http://forums.moneysavingexpert.com/showthread.php?t=5593594
    • Suffolk lass
    • By Suffolk lass 27th Oct 17, 8:57 AM
    • 1,586 Posts
    • 18,084 Thanks
    Suffolk lass
    Right. It is going to be another freezer week plus some sort of roasting meat. That leaves bowl fruit, breakfast blueberries and fridge stuff to buy. Still got loads of fresh and frozen veg.

    November is looking a bit better but we have over £500 in planned spends to come so not going to go mad.
    MFiT T4 #2 update 42.67% after Q7 £5,465 behind where I should be
    Save £12k in 2017 #64 - £9,260.94 saved (84.19%) after October - my annual target is £11,000
    OS Grocery Challenge 2017 budget of £3,600 £3000 (reduced from Apr) - 78.56% including stores after October
    My DFD is http://forums.moneysavingexpert.com/showthread.php?t=5593594
    • Karmacat
    • By Karmacat 27th Oct 17, 6:40 PM
    • 28,180 Posts
    • 155,237 Thanks
    Karmacat
    I love "the C word"
    Retired August 2016
    • Suffolk lass
    • By Suffolk lass 3rd Nov 17, 5:59 PM
    • 1,586 Posts
    • 18,084 Thanks
    Suffolk lass
    End of October reconciliation
    DEBTS[/B]

    £110,621 £99,999.03 (£10,621.97 paid so far) - Mortgage
    £3,476 £0 (£3,476)- DH's car - paid off on 21st Aug 17
    £8,755.54 £4,377.78 (£4,377.76) - Barclays 0% Finance for double glazing (50% paid now!)

    Total £122,852.54 £104,376.81 - that is £18,475.74 or 15.05% paid off so far.


    SAVINGS
    £10,414.78 the rest paid our mortgage down to exactly £100k, only for a few pennies to take it below and down to five figures
    £12,541.93 (was £12,549.27 in August - so after a dip in September this has recovered well) S&S ISA with Fidelity International (original £10,000 5 years ago, no further capital added)
    £6,641.19 DH's S&S ISA with Charles Stanley Direct]
    £3,150.60 2 year Bond with Skipton BS @ 4% Finishes in early 2018 - This will be used to reduce the mortgage!
    £11,330.58 7 year bond with Skipton BS - matures Oct 20
    £38,630.43 £44,078.99 Total actual cashable savings this is a slight dip from last month but that is because I paid almost £3,000 off the mortgage

    Shortfall -£60,297.82 (all debts)

    Well the electricity meter is running, rather than walking, now the Aga is on for the winter but it does mean there is no need to turn the heating on at the moment, and no need to use the small oven in the kitchen or the gas hob (until April).
    MFiT T4 #2 update 42.67% after Q7 £5,465 behind where I should be
    Save £12k in 2017 #64 - £9,260.94 saved (84.19%) after October - my annual target is £11,000
    OS Grocery Challenge 2017 budget of £3,600 £3000 (reduced from Apr) - 78.56% including stores after October
    My DFD is http://forums.moneysavingexpert.com/showthread.php?t=5593594
    • Suffolk lass
    • By Suffolk lass 6th Nov 17, 1:39 PM
    • 1,586 Posts
    • 18,084 Thanks
    Suffolk lass
    Final report on October and November targets
    October Report
    - Live within our income - try to avoid any top-ups to bills account and running cost accounts in October Fail I accidentally used the bank card to buy my season ticket, and a couple of cheques have cleared that I thought I had already accounted for. I moved £250 from the emergency savings back to the current account otherwise that remaining credit card bill would have hit us with overdraft charges again this month. Other than that, no further mishaps
    - Investigate how much it will cost to repair the wall scrape to the bodywork of my car that I acquired No estimate but the car is booked in to have the work done next week
    - Overpay the mortgage by at least a bit this month done - I've now raided the savings pot just to nudge under £100k
    - Do some fun things This month I have been to the classic motorbike show, been for a lovely walk with Son and friend in the local river valley - even borrowed two dogs, and went to friends on Friday for a girls night in and got completely and unexpectedly sozzled due to a bit of accidental drink-confusion
    - Continue with the deep clean at our other house not done yet and not on the plan - a change of plan and Son's friend has moved in. Good job we sorted some of it.
    - Kon-Mari a drawer in my chest in my bedroom Just did a pile of clothes - 8 pairs of too-big trousers to go to the charity shop
    - autumn pruning and tidy in garden Did masses - still loads more to do
    - lose at least 2 pounds to tip me under the next stone number on the scales did not tip under - stopped at exactly the stone mark. Disappointing. Must to better
    - process the apples and tomatoes before they rot done



    November Targets
    • I am starting to think about Christmas things. I have also volunteered to host some friends for New Year, which will be fun, so I need to prepare for this.
    • I also need to find out how many I have for Christmas Day. It seems we will be 7, 8 or 9, depending on whether Mum comes, son is working and whether his housemate wants to come if son is working
    • All that chatter about Christmas on TOPM's diary has got me thinking. I am definitely doing recipes and ingredients in jam-jars for my fundraising stall at the beginning of December. And little books of domestic promises to give away.
    • I need to do leaflets to gather items and publicise my Village Ebay table too (we will keep 40% with a £5 minimum) done
    • I know I need to buy ingredients for 2 batches of christmas cake as my Mum, her friend and a third for her Minister are on my list, plus one for us. I shall make smaller cakes. done and five cakes made
    • Going to try and reduce the food in my freezer this month
    • Buy C cards (shhh) and write some
    MFiT T4 #2 update 42.67% after Q7 £5,465 behind where I should be
    Save £12k in 2017 #64 - £9,260.94 saved (84.19%) after October - my annual target is £11,000
    OS Grocery Challenge 2017 budget of £3,600 £3000 (reduced from Apr) - 78.56% including stores after October
    My DFD is http://forums.moneysavingexpert.com/showthread.php?t=5593594
    • Suffolk lass
    • By Suffolk lass 9th Nov 17, 6:10 PM
    • 1,586 Posts
    • 18,084 Thanks
    Suffolk lass
    Saw the new stone number on my scales this morning - I'm sure the battery is running out - it suggested I have lost two pounds. Fab if I have, but I feel sure it was going into one
    MFiT T4 #2 update 42.67% after Q7 £5,465 behind where I should be
    Save £12k in 2017 #64 - £9,260.94 saved (84.19%) after October - my annual target is £11,000
    OS Grocery Challenge 2017 budget of £3,600 £3000 (reduced from Apr) - 78.56% including stores after October
    My DFD is http://forums.moneysavingexpert.com/showthread.php?t=5593594
    • enthusiasticsaver
    • By enthusiasticsaver 9th Nov 17, 9:07 PM
    • 4,832 Posts
    • 9,129 Thanks
    enthusiasticsaver
    Well done on taking the mortgage below £100k.
    2 weeks to go until early retirement in December . Debt free and mortgage free.

    I'm a Board Guide on the Debt-Free Wannabe, Mortgages, Banking and Budgeting boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Any views are mine and not the official line of moneysavingexpert.com. Pease remember, board guides don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com
    • Suffolk lass
    • By Suffolk lass 9th Nov 17, 10:15 PM
    • 1,586 Posts
    • 18,084 Thanks
    Suffolk lass
    Wow! Only five weeks to go until your early retirement enthusiasticsaver! What will you do with all that extra time?
    MFiT T4 #2 update 42.67% after Q7 £5,465 behind where I should be
    Save £12k in 2017 #64 - £9,260.94 saved (84.19%) after October - my annual target is £11,000
    OS Grocery Challenge 2017 budget of £3,600 £3000 (reduced from Apr) - 78.56% including stores after October
    My DFD is http://forums.moneysavingexpert.com/showthread.php?t=5593594
    • Suffolk lass
    • By Suffolk lass 10th Nov 17, 7:06 AM
    • 1,586 Posts
    • 18,084 Thanks
    Suffolk lass
    Today will mostly involve a round trip of 100 miles to the dentist, and then a slightly more pleasing local swap with a neighbour who has too much meat (her husband is employed to control game) with some of my frozen fruit. I just need to check to ensure I can squeeze it into the freezer!
    MFiT T4 #2 update 42.67% after Q7 £5,465 behind where I should be
    Save £12k in 2017 #64 - £9,260.94 saved (84.19%) after October - my annual target is £11,000
    OS Grocery Challenge 2017 budget of £3,600 £3000 (reduced from Apr) - 78.56% including stores after October
    My DFD is http://forums.moneysavingexpert.com/showthread.php?t=5593594
    • Suffolk lass
    • By Suffolk lass 11th Nov 17, 9:04 AM
    • 1,586 Posts
    • 18,084 Thanks
    Suffolk lass
    November update
    • I am starting to think about Christmas things. I have also volunteered to host some friends for New Year, which will be fun, so I need to prepare for this. Had a chat with my Mum and she wants to come for Christmas and New Year so now I need to conjur up a fourth bedroom. I need to have a bit of a think
    • I also need to find out how many I have for Christmas Day. It seems we will be 7, 8 or 9, depending on whether Mum comes, son is working and whether his housemate wants to come if son is working. I can't do more until he gets his shifts
    • All that chatter about Christmas on TOPM's diary has got me thinking. I am definitely doing recipes and ingredients in jam-jars for my fundraising stall at the beginning of December. And little books of domestic promises to give away.
    • I need to do leaflets to gather items and publicise my Village Ebay table too (we will keep 40% with a £5 minimum) done but no suggested items have been forthcoming yet
    • I know I need to buy ingredients for 2 batches of christmas cake as my Mum, her friend and a third for her Minister are on my list, plus one for us. I shall make smaller cakes. done and five cakes made
    • Going to try and reduce the food in my freezer this month Well I did a trade yesterday - two huge bags of frozen gooseberries, a bag of frozen raspberries, a string each of shallots and onions and a couple of butternut squashes - all swapped and out of my freezer. Now I have a massive haunch of venison I will save for Christmas and a second defrosting to make into casserole
    • Buy C cards (shhh) and write some

    I went off to my dentist expecting to be told my remaining bit of tooth would have to go, with the prospect of an implant but he says it can be saved. I am still signed up for another £244 before Christmas but the alternative would have been over four figures!
    Last edited by Suffolk lass; 11-11-2017 at 7:11 PM.
    MFiT T4 #2 update 42.67% after Q7 £5,465 behind where I should be
    Save £12k in 2017 #64 - £9,260.94 saved (84.19%) after October - my annual target is £11,000
    OS Grocery Challenge 2017 budget of £3,600 £3000 (reduced from Apr) - 78.56% including stores after October
    My DFD is http://forums.moneysavingexpert.com/showthread.php?t=5593594
    • Hiddenidenity
    • By Hiddenidenity 11th Nov 17, 9:54 AM
    • 4,230 Posts
    • 26,459 Thanks
    Hiddenidenity
    Glad the dentist went better than first thought x
    • Karmacat
    • By Karmacat 12th Nov 17, 11:33 AM
    • 28,180 Posts
    • 155,237 Thanks
    Karmacat
    Yep, its always better to save a tooth if the dentist thinks its on.

    And oh my word, you've got a lot on your plate in the runup to Christmas!
    Retired August 2016
    • Suffolk lass
    • By Suffolk lass 13th Nov 17, 6:26 AM
    • 1,586 Posts
    • 18,084 Thanks
    Suffolk lass
    Thanks, both of you, yes, at least the tooth does not have to come out!

    In other news, that trade with my neighbour was two huge legs of venison (a meat I have cooked precisely twice before - both as treats). I managed to press some home grown veg as well as the frozen fruit on to her in return and I think we both felt we had got the better end of the deal, so that is the best sort of trade. I could only get one in the freezer so defrosted the second one. Then we boned it and cooked a BBC Venison casserole recipe that was delicious. There is masses left over and I will need to make pies and freeze some. I am going to try and fit that in later today while I work from home.
    MFiT T4 #2 update 42.67% after Q7 £5,465 behind where I should be
    Save £12k in 2017 #64 - £9,260.94 saved (84.19%) after October - my annual target is £11,000
    OS Grocery Challenge 2017 budget of £3,600 £3000 (reduced from Apr) - 78.56% including stores after October
    My DFD is http://forums.moneysavingexpert.com/showthread.php?t=5593594
    • Suffolk lass
    • By Suffolk lass 17th Nov 17, 8:11 AM
    • 1,586 Posts
    • 18,084 Thanks
    Suffolk lass
    My car is £540+VAT. That is £648 - just because some B'tard moved the plastic railings so I could not fit. My own fault, I know but I drove in through the space, why would it occur to me that I could not fit through the same space to get out?!
    MFiT T4 #2 update 42.67% after Q7 £5,465 behind where I should be
    Save £12k in 2017 #64 - £9,260.94 saved (84.19%) after October - my annual target is £11,000
    OS Grocery Challenge 2017 budget of £3,600 £3000 (reduced from Apr) - 78.56% including stores after October
    My DFD is http://forums.moneysavingexpert.com/showthread.php?t=5593594
    • Karmacat
    • By Karmacat 17th Nov 17, 10:05 AM
    • 28,180 Posts
    • 155,237 Thanks
    Karmacat
    B****ggr! Agreed, logical to assume you could drive through the same space again!
    Retired August 2016
    • Suffolk lass
    • By Suffolk lass 19th Nov 17, 10:17 AM
    • 1,586 Posts
    • 18,084 Thanks
    Suffolk lass
    I hate this plodding-point in the month. No money saving or debt-busting things to say because all but one expected payment has gone from both accounts, so it is just hanging on in there until pay-day now on the running costs account, and waiting for electricity DD to go this week on the bills account.

    So, my dilemma is - do I pay down the mortgage or build up the savings with the extra bits and pieces now the emergency fund is limping past £10k?

    Less than five years to when the mortgage will end, less than two years until DH and I want to stop paid work
    MFiT T4 #2 update 42.67% after Q7 £5,465 behind where I should be
    Save £12k in 2017 #64 - £9,260.94 saved (84.19%) after October - my annual target is £11,000
    OS Grocery Challenge 2017 budget of £3,600 £3000 (reduced from Apr) - 78.56% including stores after October
    My DFD is http://forums.moneysavingexpert.com/showthread.php?t=5593594
    • Suffolk lass
    • By Suffolk lass 26th Nov 17, 10:45 AM
    • 1,586 Posts
    • 18,084 Thanks
    Suffolk lass
    Trying to avoid all Black Friday stuff. I need to eke out the money again by being sensible. I am just going to research turkeys and wine and then I plan to make cake and make up my recipe jars for next week's Craft Fair.
    MFiT T4 #2 update 42.67% after Q7 £5,465 behind where I should be
    Save £12k in 2017 #64 - £9,260.94 saved (84.19%) after October - my annual target is £11,000
    OS Grocery Challenge 2017 budget of £3,600 £3000 (reduced from Apr) - 78.56% including stores after October
    My DFD is http://forums.moneysavingexpert.com/showthread.php?t=5593594
    • Karmacat
    • By Karmacat 26th Nov 17, 11:26 AM
    • 28,180 Posts
    • 155,237 Thanks
    Karmacat
    I was supposed to go to our local WI to get a little something for my SiL, as I'm seeing her next week. Forgot But that's the scale of my purchasing there's no Black Friday gubbins in my house the most I need is white paint
    Retired August 2016
    • Suffolk lass
    • By Suffolk lass 1st Dec 17, 4:22 PM
    • 1,586 Posts
    • 18,084 Thanks
    Suffolk lass
    End of November reconciliation
    DEBTS[/B]

    £110,621 £98,999.66 (£11,621.34 paid so far) - Mortgage
    £3,476 £0 (£3,476)- DH's car - paid off on 21st Aug 17
    £8,755.54 £3,979.80 (£4,775.74) - Barclays 0% Finance for double glazing

    Total £122,852.54 £102,979.46 - that is £19,873.08 or 16.18% paid off so far.


    SAVINGS
    £10,948.25 Emergency pot
    £12,493.28 (was £12,549.27 in August - a dip in September and another this month) S&S ISA with Fidelity International (original £10,000 5 years ago, no further capital added)
    £6,560.59 DH's S&S ISA (with Charles Stanley Direct]
    £3,155.32 2 year Bond with Skipton BS @ 4% Finishes 31 Jan 2018 - This will be used to reduce the mortgage!
    £11,330.58 7 year bond with Skipton BS - matures Oct 20
    £38,630.43 £44,488.02 Total actual cashable savings

    Shortfall -£58,491.44 (all debts)
    MFiT T4 #2 update 42.67% after Q7 £5,465 behind where I should be
    Save £12k in 2017 #64 - £9,260.94 saved (84.19%) after October - my annual target is £11,000
    OS Grocery Challenge 2017 budget of £3,600 £3000 (reduced from Apr) - 78.56% including stores after October
    My DFD is http://forums.moneysavingexpert.com/showthread.php?t=5593594
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