MoneyQueen’s MFW Journey and Daily Diary

MoneyQueen

Also, DH has got a laptop from work for few months as he is on Project Support these days, so we have postponed the purchase on the new laptop...

And I have talked him out of the Telly and PS3 as then we won't get much time to spend with each other... . Also we may have to replace our bedroom furniture soon so Telly and PS3 will have to wait. :money:

I am monitoring the exchange rate for £ to INR and am pleased that I didn't exchange when the rate was 76(was very tempted though) as it is 79 now... I am going to wait till next week to see if it crosses 80 and then will transfer £5000.

setmefree2

MoneyQueen wrote: »

I never knew I had these many clothes... Have 34 summer outfits in total and 10 summer jackets/ MACs and 18 pairs of shoes and they all fit so I don't think, I will be needing any more clothes this year:money:

Also as they have all been arranged as outfits so for the first time in my life, I am not spending half an hour in the morning deciding about what to wear and what coordinates with what.:j

Things at grocery front have been good this month and we have spent £91 till now in June... We are trying to use up stuff that we already have and I have done meal planning this month...:money:

Thats it from me...

Take care everyone...

You should try and have a NSY - a no spend year - on clothes;)

Well done on the grocery bill:T:T

Good luck & Kind Regards

SMF2

MoneyQueen

setmefree2 wrote: »

You should try and have a NSY - a no spend year - on clothes;)

SMF2

SMF2, I think it can be another challenge, from today to 23rd June 2010... Lets see if I can do it or not... I will be listing the unwanted clothes (Have got 2 bags) on Ebay this weekend and will only spend the money earned from that, so if I don't earn anything, then no spend... Though I have 3 weddings to attend this year... so lets see how long I can do this for. I will add this to my signature

MB has been quiet these days... so no extra income

I have been reading about Mystery Shopping for the last couple of days and have finally registered on one website today... So I and DH are eating out day after tomorrow

I have submitted energy readings today and we are consuming 5 KWH / day for leccy and 6 KWH/ day for gas... so good savings there :j

I have made the final payment for DH's 0% credit card today as the promotional period is ending next week...

I will update this month's balances update on Sunday...

MQ

StuartGMC

MQ
I note you say you have summer clothing, now, forgive me but during the next twelve months I think you'll find winter may show up (although let's hope milder than the last) or will you spend that time in India?

Your low spending puts ours to shame - well done!

MoneyQueen

StuartGMC wrote: »

MQ
I note you say you have summer clothing, now, forgive me but during the next twelve months I think you'll find winter may show up (although let's hope milder than the last)

Hi Stuart, I had packed all the winter outfits away last month so forgot to mention them.. Haven't counted them , but I think I have atleast 15 jumpers/ 3-4 woollen trousers and 3-4 winter coats + 1 water proof down jacket + 2 winter boots + lots of scarves

So hopefully I will manage :rolleyes:

I wish we could go to India this year but we generally go during the Indian Festive season(Oct-Nov) but DH's parents won't be in India at that time:sad:

setmefree2

MQ well done on your low energy use Good Luck with the clothing challenge. I shall look forward to hearing how you get on

MoneyQueen

Hi ,

I have updated the balances for June...

Only thing that may change till the month finishes is the Grocery Spend, so I will update it on 30th

Monthly Salaries = £4230.50

Mortgage

Balance = £100,621.14
Interest Rate 1.29%
Monthly Payment £873.81
OP done in June £0

Savings (These are all Net Rates)

Reg Saver 4% Expires Feb 2010 Adding 25 per month = £2265
Reg Saver 4% Expires Feb 2010 Adding 25 per month = £2025
Reg Saver 4.8% Expires Mar 2010 Adding 25 per month = £775
Reg Saver 4.8% Expires Mar 2010 Adding 25 per month = £775
Reg Saver 5.6% Expires Nov 2009 Adding 500 per month = £4000
Reg Saver 5.6% Expires Nov 2009 Adding 500 per month = £3800
Reg Saver 6.4% Expires Nov 2009 Adding 250 per month = £2000
Reg Saver 6.4% Expires Nov 2009 Adding 250 per month = £2000
Reg Saver 6.4% Expires Oct 2009 Adding 250 per month = £2250
Reg Saver 6.4% Expires Dec 2009 Adding 250 per month = £1750
Reg Saver 5.8% Expires Nov 2009 adding 250 per month = £2000
Reg Saver 5.8% Expires Nov 2009 adding 250 per month = £2000
Reg Saver ISA 7% Expires April 2010 adding 300 per month = £900
Reg Saver ISA 7% Expires April 2010 adding 300 per month = £900
Fixed Savings 4.07% Expires Jan 2010 = £6000
Fixed Savings 3.72% Expires Jan 2010 = £8000
Fixed Savings 3.72% Expires Jan 2010 = £3200
Fixed Savings 4.08% Expires Jan 2010 = £5000
Fixed Savings 5.2% Expires Nov 2009 = £2939.61
Cash ISA Fixed 6.3% Expires July 2009 = £6700
Cash ISA Fixed 6.3% Expires July 2009 = £10000
Cash ISA Fixed 6% Expires Nov 2009 = £3655
Cash ISA Fixed 6% Expires Nov 2011 = £3644
Instant Access Savings Account 2.2% = £35.01
Instant Access Savings Account 2.2% = £35.01
Instant Access Savings Account = £1.03
Current Accounts + MB Float/Scratchcard (This includes Moneybookers and Paypal) = £5922.07
Loose Change - £29.89
Euros - £195.98

Total Savings = £82,797.60

Debts other than mortgage

Balance to be paid to a Credit Card in Jan 2010 (currently 0%) = £2672.40
Balance to be paid to a Credit Card in Oct 2009 (currently 0%) = £3447.15
Balance to be paid to a Credit Card in Jun 2010 (currently 0%) = £682.49

Total Debts other than Mortgage = £6802.04

Mortgage + Debts – Savings = £-24,625.58

SOA for June

Monthly Household Income (after tax) – = £4325.70 (£4230.70 Salary + £95 - Quidco Cashback)
Mobile -£19.57
Mortgage - £873.81
Transfer to Regular Savings Accounts - £3200
Council tax (Paid by 0% Credit Card) - £500
Telephone and Broadband - £24.44
Fuel (Paid by 0% Credit Card) - £53.39
Electricity/ Gas (Direct Debit) - £42
Food & Groceries + work Expenses - £121.03
Shopping + Misc (Paid by 0% Credit Card) - £242.17 (This includes £148.44 for the Bosch annual service for the boiler, £4.97 for some art and craft stuff for me, some stuff from B&Q)
Credit Card Payment (0% Balance Transfer) - £25.00
Credit Card Payment (Purchases at 0% for 12 months) - £65.00
Credit Card Payment (0% Balance Transfer – Paid in Full) - £4008.46

Total: £9174.87

Elecricity – 5 KWH/day
Gas – 6 KWH/day
Grocery Spend £121.03/£100

Will update my signature

MoneyQueen

Hi,

As you can see from the pervious post the grocery spend is £115 so £15 more than the budget. But we spent £16 on a eat out for which I will be reimbursed by the Mystery Shopping Company (My first Mystery Shop ever) so effectively we are under budget this month :j

I have registered at 3 more MS Companies more today and am waiting to hear from them. Not sure if I will be accepted as I haven't done a MS before..

2 didn't have a requirement in my area :-(

I have enjoyed my first MS though it will just be a reimbursement and no extra payment

Lets see if I get any good ones in future...

MoneyQueen

Our 6.3% Cash ISAs fixed rate is coming to an end at the end of this month, so I have applied for a 5% Newcastle BS Fixed rate ISA for me today. Will do the same for DH tomorrow. I think the transfer will take 3-4 weeks during which we will get 1% at our existing provider. I really should have done this few weeks ago.. but I have been lazy...:rolleyes:

MoneyQueen

I have done quite a lot of Overtime last month and this month. As it was the project delivery month, I have been on call a lot so June's salary is much more than normal. Well £6247.8(total of salaries for both of us) :j

But this was the last project delivery of this year so no more OT this year :sad: