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  • FIRST POST
    • edinburgher
    • By edinburgher 30th Oct 17, 5:22 PM
    • 10,806Posts
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    edinburgher
    The Edcawber Principle
    • #1
    • 30th Oct 17, 5:22 PM
    The Edcawber Principle 30th Oct 17 at 5:22 PM
    I think I promised a new and improved positive diary earlier on in the summer

    I'll try my best to keep it short and sweet, (unlike my credit card statements). Cutting a long story short, after renovating the house and an accidental car purchase (hey, it could've been a house!) we are probably better candidates for DFW

    We're now left with a much more relaxing house (we just finished our bedroom), a new car and £20,000 in credit card debt

    The new job goes fairly well, all things considered and our budget is starting to balance on a month-to-month basis. Basically I've said yes to everything, which is lovely, but immature. Mrs E realises the lie of the land and is supporting efforts to get back on an even keel. I'm eb@ying, saving cashback and making overpayments every Monday.

    DD and Mrs E are doing fabby, DD is the apple of our eye and remains chatty, affectionate and madcap
Page 13
    • misscousinitt
    • By misscousinitt 13th Jan 18, 6:20 PM
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    misscousinitt
    Hi Z

    Thanks for your comments.

    The link to the hobbycraft box looks much more in my price bracket - thank you.

    We were sad to give the plastic recycling up - it was a project that came out of surveying locals to see what they wanted to do with their waste and where the gaps in recycling were. It was funded by a small grant from the lottery and a a slightly larger one from the council.

    We were very aware when the council rolled out their scheme that the majority of it would go to be incinerated and create power - not what we intended.

    As I am a home business, my waste gets carried away with everyone else's - I don't have any special requirements as everyone cooks and has kitchen waste and food packaging - I just have a little more than most. I am glad to say the majority of my packaging is paper/cardboard waste and not too much of the dreaded plastic!

    ----------------
    Ed - if you are old then I am positively ancient...and I'm not! Lol.

    MCI
    Mortgage Free x 1 03.11.2012 - House rented out Feb 2016
    Mortgage No 2: £91,471.25 (11.01.2018)
    OP's to Date £5500

    Renovation Fund:£736.95;
    Nectar Points Balance: approx £2.50 (after microwave purchase
    • edinburgher
    • By edinburgher 14th Jan 18, 8:45 AM
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    edinburgher
    You have totally inspired me about my debt, paying a little bit here and a little bit there. Most of mine is related to my new business and I know that a lot of this will get paid down when I sell more gifts and use the packaging up. But I do have a little personal debt and I think I will be selling stuff and paying down...

    Now I am in business I feel a responsibility to do my bit for the environment. I recycle all I can - kitchen waste and a lot of cardboard and paper (egg boxes and flour packaging). I also package my baked goods in paper bags on the stall (which if you buy in bulk are not that expensive) and I give out paper carriers - small and large (though I do need to look at something a little stronger this Christmas - just a few...). Most of my gift packaging with the exception of shrink wrap bags is reusable or recyclable. I know it's only a small contribution - but I have always tried to do my bit in whatever way I can.

    When did you drive from Glasgow to Broadstairs? Broadstairs was our holiday place where I was a child (grandma had a house down there so free holidays) - been back a couple of times as an adult and I still love it. I have a relative down there. It's become quite a nice foodie place now (well it had last time I went) with some lovely restaurants...maybe time for another visit.

    Will endeavour to keep up to date and take inspiration where I can.

    MCI
    Originally posted by misscousinitt
    Glad I could be of some inspiration. I think our debt was accumulated through years of small purchases and bills and attacking it in an ad hoc fashion seems a good idea, turning the problem back on itself.

    Back when I was a far more trendy young person, I used to run a small business importing band merchandise wholesale and reselling on eBay. I got used to the idea that a bit of (very) short term debt was fine if it would lead to greater profits down the line. I still remember the excitement of higher margin items selling shortly after you'd listed them, mentally counting down the days 'til profit

    It's great to hear someone doing their best to reduce business waste. It benefits your bottom line as well, because avoided costs on packaging save you having to incur the odd expense as well. Is there not such a thing as cellulose shrink wrap? You could probably afford a wee blurb on your site about your green credentials (an eco policy statement or the like), it's a perfectly normal thing for businesses to do and people like to buy from retailers who think about such things. Another idea might be to have a tick box for 'no packaging' or similar for people who wanted hamper contents shipped in minimal packaging? Apart from the shrink wrap, you could almost become a zero waste business....

    We drove to Broadstairs last year after discovering it about 10 years ago when we were working in London. I really like the English seaside. The food is a great mix of haute cuisine and very traditional (so a tasting meal followed by fish and chips and a seaside ice cream cone) It's a possible retirement location for me; I could so be the old boy in the seaside retirement flat watching the world go by with a telescope

    Ed you ancient thing, you. 35!!

    Loved the reference to the Aspidistra Novel. I found it painfully, bleakly funny reading.
    Originally posted by smallholdingsister
    I'm Captain salt and pepper over here... With the odd bit of red, it's an odd combo.

    I love KTAF, Orwell in general, I find that few other authors have managed to portray the 'small man' so well and he can have me in stitches talking frankly about the !!!! monotony of middle class life

    We were very aware when the council rolled out their scheme that the majority of it would go to be incinerated and create power - not what we intended.
    Originally posted by misscousinitt
    I don't know what our Council does with our recycling, I should know that. In the past week, I've been trying hard to think about avoiding the creation of waste, it's tricky. Examples would be silly things, like using up a ramekin of shop bought pate, going to recycle it and thinking "wait a minute, this is a great little dish that I can reuse". Then I pan out and I'm sitting there thinking "did I really need this in the first place"?

    Have had a bit of a shock weighing myself yesterday, so calorie counting, eating less meat and avoiding processed foods will need to be the order of business
    • misscousinitt
    • By misscousinitt 14th Jan 18, 9:52 AM
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    misscousinitt
    Broadstairs has always been one of the most untouched seaside towns and if you are into Blues, apparently they host a festival there (my friend and I who spent a lot of time together as children and in Broadstairs intend to do this trip at some point). Did you go to Morellis on the front at Viking Bay? - best knickerbocker glory ever....

    I will defiantly put it on my list to put an Eco type policy of my Web site when I am next updating, it is something I feel strongly about and would like to do my bit.

    January is a bad month to be thinking about too much on the weight loss front (at least from a food point of view). It's cold, miserable and there is too much Christmas food still in the cupboards. Maybe up your activity but still have those comforting meals to make you feel good (even if they are a little calorific). My philosophy is that you need calories and comfort in January.

    MCI
    Mortgage Free x 1 03.11.2012 - House rented out Feb 2016
    Mortgage No 2: £91,471.25 (11.01.2018)
    OP's to Date £5500

    Renovation Fund:£736.95;
    Nectar Points Balance: approx £2.50 (after microwave purchase
    • muddywhitechicken
    • By muddywhitechicken 14th Jan 18, 10:10 AM
    • 3,853 Posts
    • 35,127 Thanks
    muddywhitechicken
    Did you go to Morellis on the front at Viking Bay? - best knickerbocker glory ever....
    Originally posted by misscousinitt
    That brings back some happy childhood memories for me
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: ~£39,500
    Current total overpayments: ~£118,750
    • Karmacat
    • By Karmacat 14th Jan 18, 11:44 AM
    • 28,353 Posts
    • 157,867 Thanks
    Karmacat
    Yay to eco policies coming out of genuine concern. And yay to Broadstairs - I've never been, but I was discussing East Kent just yesterday, as a potential place for a Sun holibob.
    Retired August 2016
    • edinburgher
    • By edinburgher 14th Jan 18, 2:24 PM
    • 10,806 Posts
    • 57,004 Thanks
    edinburgher
    Did you go to Morellis on the front at Viking Bay? - best knickerbocker glory ever....

    January is a bad month to be thinking about too much on the weight loss front (at least from a food point of view). It's cold, miserable and there is too much Christmas food still in the cupboards. Maybe up your activity but still have those comforting meals to make you feel good (even if they are a little calorific). My philosophy is that you need calories and comfort in January.
    Originally posted by misscousinitt
    Yes! The first time we visited we stayed in a pokey wee converted cottage that was down the lane perhaps 2 blocks away

    I'm using MFP to count calories, but I'm not starving myself by any stretch of the imagination. Luckily we've eaten a lot of our Christmas goodies, so one less temptation!

    Went for a 6 mile walk to the Necropolis today. I'd never visited it before and it was amazing! Such inspiring architecture, memorials and views Now it feels like my legs have been sawn off, but I'll survive
    • misscousinitt
    • By misscousinitt 14th Jan 18, 10:28 PM
    • 3,572 Posts
    • 20,640 Thanks
    misscousinitt
    That brings back some happy childhood memories for me
    Originally posted by muddywhitechicken
    And me MWC...☺
    Mortgage Free x 1 03.11.2012 - House rented out Feb 2016
    Mortgage No 2: £91,471.25 (11.01.2018)
    OP's to Date £5500

    Renovation Fund:£736.95;
    Nectar Points Balance: approx £2.50 (after microwave purchase
    • misscousinitt
    • By misscousinitt 14th Jan 18, 10:31 PM
    • 3,572 Posts
    • 20,640 Thanks
    misscousinitt
    Sigh...nice memories.

    Glad you are not starving you self Ed...nothing worse in this weather, doesn't give you an incentive I think. Well done on the walk...I am sure that your legs will grow back 😂

    MCI
    Mortgage Free x 1 03.11.2012 - House rented out Feb 2016
    Mortgage No 2: £91,471.25 (11.01.2018)
    OP's to Date £5500

    Renovation Fund:£736.95;
    Nectar Points Balance: approx £2.50 (after microwave purchase
    • edinburgher
    • By edinburgher 15th Jan 18, 10:01 AM
    • 10,806 Posts
    • 57,004 Thanks
    edinburgher
    Another Monday morning and the weather is miserable We had a lovely weekend with an informal family gathering and some immediate family QT.

    I think I managed to pick the last decent day for a walk yesterday. Legs still aching, but should be able to manage to start week 5 of C25K this evening (now up to 3* 5 minute runs with 3 minute walking intervals)

    £570.92 paid off CC (my weekly payment, our money from 'free' Council Tax money for February and a very small amount of cashback from TCB. Spreadsheets updated and NW has taken a dive for the month, but it was expected. Essentially what has happened was that it went up by £500, but I spent £1,000 on Am@zon vouchers That still seems like a sensible plan to me - have picked up a few grocery items, a couple of very small purchases for DD and some electronic items that needed replaced (mobile phone screen protector and cover, a battery bank to replace the one I lent to a colleague who is off on long term sickness absence). All budgeted for and we now have £135 worth of M0rrison's vouchers sitting to be used.

    After a comment from Greent, I discovered that our childcare voucher provider also offers decent discounts on quite a few retailers, for example 7-8% off John Lew1s/D3benhams/0deon.

    Still, this month will be relatively tight as we're saving holiday spending money for May and I'll be attending the Calcutta Cup and beer is expensive Financial discipline for the month will see us trying to stay in budget (hopefully our 3rd month in a row) and listing some items for sale on either eB@y or Am@zon. I've started off with a computing book, but it's a pretty dry topic and will take a while to sell.

    Hope everyone else is enjoying their Monday
    • Karmacat
    • By Karmacat 15th Jan 18, 1:01 PM
    • 28,353 Posts
    • 157,867 Thanks
    Karmacat
    After a comment from Greent, I discovered that our childcare voucher provider also offers decent discounts on quite a few retailers, for example 7-8% off John Lew1s/D3benhams/0deon.

    Still, this month will be relatively tight as we're saving holiday spending money for May and I'll be attending the Calcutta Cup and beer is expensive Financial discipline for the month will see us trying to stay in budget (hopefully our 3rd month in a row) and listing some items for sale on either eB@y or Am@zon. I've started off with a computing book, but it's a pretty dry topic and will take a while to sell.

    Hope everyone else is enjoying their Monday
    Originally posted by edinburgher
    I noticed that comment from greent, but I couldn't remember which thread, so thanks for that, Ed, thats great.

    And re-starting selling online: when my January Financial Bleurgh (English accounts, French accounts and home and contents insurance) are all done, thats the thing I'm going for.

    Enjoy your Monday too. Have another
    Retired August 2016
    • AlexLK
    • By AlexLK 15th Jan 18, 8:40 PM
    • 5,921 Posts
    • 31,022 Thanks
    AlexLK
    Weather has been miserable here too. Been mainly working outside today too.

    ...and don't remind me about selling unwanted things ...
    Saved £11,000 in 2015, £9,800 in 2016.
    From a £32,000 debt on 2/9/2013 to debt free on 12/1/2015.
    • A Frayed Knot
    • By A Frayed Knot 15th Jan 18, 9:05 PM
    • 2,202 Posts
    • 9,911 Thanks
    A Frayed Knot
    Another Monday morning and the weather is miserable
    Originally posted by edinburgher
    Not quite sure what your going to call the rest of the week, if forecasters are right

    Need to check my council tax - I can never remember if I pay beg of month for that month/end of month for the past month or end of month for the next month

    And need to get back into the ebaying myself, sometime soon.
    Always have 00.00 at the end of your mortgage balance and one day it will all be 0's
    MFMarch 30 Re/M Oct 23 Target -Dec 19
    O/P's 2014/£4000, 2015/£6294.69,2016/£3186.80
    2017 £4068.97
    • Debsnewbudget
    • By Debsnewbudget 15th Jan 18, 11:36 PM
    • 250 Posts
    • 2,306 Thanks
    Debsnewbudget
    And need to get back into the ebaying myself, sometime soon.[/QUOTE]

    Thank you A Frayed Knot
    That made me giggle- how much do you you think you will get for yourself
    • A Frayed Knot
    • By A Frayed Knot 16th Jan 18, 2:30 AM
    • 2,202 Posts
    • 9,911 Thanks
    A Frayed Knot
    And need to get back into the ebaying myself, sometime soon.
    Originally posted by Debsnewbudget
    Thank you A Frayed Knot
    That made me giggle- how much do you you think you will get for yourself [/QUOTE]

    Well, just thinking - how long s a piece of string?

    Of course - I think I'm priceless, but if two or more are bidding you can never tell where I'll finish up

    And Ed - if your up and reading this . . . have a look out - predictions coming true - we have snow and still falling heavy.
    Always have 00.00 at the end of your mortgage balance and one day it will all be 0's
    MFMarch 30 Re/M Oct 23 Target -Dec 19
    O/P's 2014/£4000, 2015/£6294.69,2016/£3186.80
    2017 £4068.97
    • edinburgher
    • By edinburgher 16th Jan 18, 9:42 AM
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    edinburgher
    And Ed - if your up and reading this . . . have a look out - predictions coming true - we have snow and still falling heavy.
    Originally posted by A Frayed Knot
    Thankfully I was not up!

    I'm still a bit skeptical re. the current predictions for snow. I was told dinner time yesterday right through the night. We didn't get any snow until 10 or so and it has been a bit soggy and underwhelming!

    Payday today, £1200 paid off the monthly spends credit card and a fantabulous £0.39 paid off another card.
    • edinburgher
    • By edinburgher 17th Jan 18, 3:30 PM
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    edinburgher
    Oh wow - was I wrong about the snow!

    I had to walk 2.5 miles from the bus last night, shovelled out our driveway (5 inches of snow) and still couldn't park the car! This morning it took me 50 minutes to drive 3 miles to work after dropping off DD at nursery. Mrs E is unwell, but assures me it isn't fatal

    £1.18 OPed, nursery fees paid and managed to get a fantastic deal on coffee
    • A Frayed Knot
    • By A Frayed Knot 17th Jan 18, 6:57 PM
    • 2,202 Posts
    • 9,911 Thanks
    A Frayed Knot
    Oh wow - was I wrong about the snow!

    I had to walk 2.5 miles from the bus last night, shovelled out our driveway (5 inches of snow) and still couldn't park the car! This morning it took me 50 minutes to drive 3 miles to work after dropping off DD at nursery. Mrs E is unwell, but assures me it isn't fatal

    £1.18 OPed, nursery fees paid and managed to get a fantastic deal on coffee
    Originally posted by edinburgher
    With more on the way !!!

    Hope Mrs E's not in for either the Novo or Australian virus's going about. Their nasty !!!
    Always have 00.00 at the end of your mortgage balance and one day it will all be 0's
    MFMarch 30 Re/M Oct 23 Target -Dec 19
    O/P's 2014/£4000, 2015/£6294.69,2016/£3186.80
    2017 £4068.97
    • ZTD
    • By ZTD 17th Jan 18, 7:49 PM
    • 23,481 Posts
    • 41,374 Thanks
    ZTD
    Oh wow - was I wrong about the snow!
    Originally posted by edinburgher
    In like a lamb, out like a lion?

    It's forecast here...

    I had to walk 2.5 miles from the bus last night, shovelled out our driveway (5 inches of snow) and still couldn't park the car!
    Originally posted by edinburgher
    Should have got the missus to do it then...

    This morning it took me 50 minutes to drive 3 miles to work after dropping off DD at nursery.
    Originally posted by edinburgher

    So walking pace then? I take it you weren't one of those people mistaking a motorway for a travel lodge?

    Mrs E is unwell, but assures me it isn't fatal
    Originally posted by edinburgher
    It will be when you catch it...
    "Follow the money!" - Deepthroat (AKA William Mark Felt Sr - Associate Director of the FBI)
    "We were born and raised in a summer haze." Adele 'Someone like you.'
    "Blowing your mind, 'cause you know what you'll find, when you're looking for things in the sky."
    OMD 'Julia's Song'
    • Karmacat
    • By Karmacat 17th Jan 18, 8:45 PM
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    Karmacat
    Poor Mrs E! I *really* hope it isn't Aussie or Noro Poor you too, come to think of it - walking home from work through that amount of snow is no joke. Done it a couple of times down here over the years, but I don't particularly remember liking it

    Trust you to still get a good deal on the coffee
    Retired August 2016
    • edinburgher
    • By edinburgher 17th Jan 18, 9:27 PM
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    • 57,004 Thanks
    edinburgher
    So walking pace then? I take it you weren't one of those people mistaking a motorway for a travel lodge?
    Originally posted by ZTD
    Thankfully not, I live 4.5 miles from the office. Feels like a long distance on the bus, but actually miraculously close considering how suburban our area feels!

    Pretty sure Mrs E has a regular, plebby cold, nothing exotic. I expect she'll return to work tomorrow.

    Grocery shopping done for next week, a cheap evening as the freezer is still groaning with YS items. Trying to aim for something a bit closer to zero waste in terms of plastics and pointless packaging, but my word it's hard in a normal household!
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