MoneyQueen’s MFW Journey and Daily Diary

MoneyQueen

David, will check Little Book of Debt Control. Thanks

I have been entering each and every spend in the online spending diary and till now I am liking it... Will see how things go next month when I would compare with this month.

I deposited some loose change that was in my bedside drawers for months. Got a nice £68 in the bank now.

Interest for Vantage Acounts and reward for the halifax accounts have been paid and I have already done the monthly £1000 transfers in all of them.

There is quite a lot of money in the current accounts atm as the regular savers have matured. Will wait till 6th April when £10200 would go into the ISA for 10-11.

Mortgage balance now stands at £ 92667.99.

Happy Easter everyone

MQ

MoneyQueen

Floxxie,

Saw your last post after I posted mine. It seems there is some technical issue with the forums. I could see that you posted on 29th March 01:29pm. But couldn't see your post in the thread till I posted just now... Oh well

David, Thanks but no thanks

MQ

MoneyQueen

Almost forgot. I have got paid for a lot of Overtime that I did last couple of months so in all this month's salary for both of us is £6115.06 :j

MQ

Floxxie

MoneyQueen wrote: »

Floxxie,

Saw your last post after I posted mine. It seems there is some technical issue with the forums. I could see that you posted on 29th March 01:29pm. But couldn't see your post in the thread till I posted just now... Oh well

David, Thanks but no thanks

MQ

Lol MQ, read your response after mine and was a bit confused I think the MSE squad were checking out my comment and hence the delay...

Floxxie

MoneyQueen wrote: »

Almost forgot. I have got paid for a lot of Overtime that I did last couple of months so in all this month's salary for both of us is £6115.06 :j

MQ

Wow that's great MQ and hope you didn't work too many hours

MoneyQueen

Floxxie wrote: »

Wow that's great MQ and hope you didn't work too many hours

Floxxie,

I did actually. But it was all done when I didn't know if I would have a job in few months or not so just wanted to earn as much as possible in case I am not able to find a job pretty soon...

MQ

MoneyQueen

Hi all,

Rescued my diary from Page 6 :eek:

Here is the update for April 2010. Will be providing regular updates soon. Just been very busy at work

Update for April

Monthly Salaries = £6115.06

Mortgage

Balance = £92667.99
Interest Rate 1.29%
Monthly Payment £873.81
OP done in April £0

Savings (These are all Net Rates)

Reg Saver 3.6% Expires Jan 2011 adding 500 per month = £2000
Reg Saver 3.6% Expires Jan 2011 adding 500 per month = £2000
Reg Saver 3.6% Expires Jan 2011 adding 250 per month = £750
Reg Saver 3.6% Expires Jan 2011 adding 250 per month = £750
Reg Saver 3.2% Expires Feb 2011 adding 250 per month = £750
Reg Saver 3.2% Expires Feb 2011 adding 250 per month = £750
Index Linked Fixed Savings 4.7% Expires April 2013 = £3000
Fixed Savings 4.08% Expires Nov 2014 = £3200
Fixed Savings 4.08% Expires Nov 2014 = £3350
Cash ISA Fixed 5.00% Expires July 2014 = £7218
Cash ISA Fixed 5.00% Expires July 2014 = £10589
Cash ISA Fixed 3.75% Expires Dec 2012 = £3878.91
Cash ISA Fixed 6% Expires Nov 2011 = £3644
Cash ISA Instant Access 3.2% = £5100
Cash ISA Instant Access 3.2% = £5100
Cash ISA 1% = £3736.48 (to be transferred ASAP)
Cash ISA 1% = £3736.48 (to be transferred ASAP)
Instant Access Savings Account 2.18% = £35.61
Instant Access Savings Account 2.18% = £35.61
Instant Access Savings Account 2% = £10.00
Vantage Accounts Instant Access 3.2% = £41862.26
Reward Current Accounts = £4
Main Current Accounts + MB Float = £2085.61
BoI Current Account = £100
Cash + Loose Change = £30
Euros - £207

Total Savings = £103923.96

Debts other than mortgage

Balance to be paid to a Credit Card in Jan 2011 = -£1164.78
Balance to be paid to a Credit Card in 19th Jun 2010 (currently 0%) = -£ 2,443.45


Total Debts other than Mortgage = -£3608.23

Savings - (Mortgage + Debts) = £7646.74

SOA for April

Monthly Household Income (after tax) = £6115.06
Mortgage - £873.81
Transfer to Regular Savings Accounts - £2000
Council tax (Paid by 0% Credit Card) - £310
Telephone/ Broadband/ Mobile - £61.55
Fuel (Paid by 0% Credit Card) - £94.41
Food & Groceries + Electricity/ Gas (Direct Debit) - £98.68
Entertainment - £33.89
Shopping + Misc (Paid by 0% Credit Card) - £448.28
Credit Card Payment (0% Balance Transfer for 9 months) - £4718.71
Credit Card Payment (Purchases at 0% for 12 months) - £49
Credit Card Payment (Purchases at 0% for 12 months) - £0


Elecricity – KWH/day (Will add later)
Gas – KWH/day (Will add later)


Will update my signature now

MoneyQueen

Too late in Posting May's update ..

Update for May

Monthly Salaries = £5182.87

Mortgage

Balance = £91492.43
Interest Rate 1.29%
Monthly Payment £873.81
OP done in May £400

Savings (These are all Net Rates)

Reg Saver 3.6% Expires Jan 2011 adding 500 per month = £2500
Reg Saver 3.6% Expires Jan 2011 adding 500 per month = £2500
Reg Saver 3.6% Expires Jan 2011 adding 250 per month = £1000
Reg Saver 3.6% Expires Jan 2011 adding 250 per month = £1000
Reg Saver 3.2% Expires Feb 2011 adding 250 per month = £1000
Reg Saver 3.2% Expires Feb 2011 adding 250 per month = £1000
Index Linked Fixed Savings 4.7% Expires April 2013 = £3000
Fixed Savings 4.08% Expires Nov 2014 = £3200
Fixed Savings 4.08% Expires Nov 2014 = £3350
Cash ISA Fixed 5.00% Expires July 2014 = £7218
Cash ISA Fixed 5.00% Expires July 2014 = £10589
Cash ISA Fixed 3.75% Expires Dec 2012 = £3878.91
Cash ISA Fixed 6% Expires Nov 2011 = £3644
Cash ISA Instant Access 3.2% = £5100
Cash ISA Instant Access 3.2% = £5100
Cash ISA 1% = £3736.48 (to be transferred ASAP)
Cash ISA 1% = £3736.48 (to be transferred ASAP)
Instant Access Savings Account 2.18% = £35.61
Instant Access Savings Account 2.18% = £35.61
Instant Access Savings Account 2% = £10.00
Vantage Accounts Instant Access 3.2% = £42000.47
Reward Current Accounts = £4.35
Main Current Accounts + MB Float = £1620.44
BoI Current Account = £100
Cash + Loose Change = £15
Euros - £195.21

Total Savings = £105569.60

Debts other than mortgage

Balance to be paid to a Credit Card in Jan 2011 = -£2405.26
Balance to be paid to a Credit Card in Jan 2011 = -£2.54


Total Debts other than Mortgage = -£2407.80

Savings - (Mortgage + Debts) = £11669.30

SOA for May

Monthly Household Income (after tax) = £5182.87
Mortgage - £1273.81
Transfer to Regular Savings Accounts - £2000
Council tax (Paid by 0% Credit Card) - £0
Telephone/ Broadband/ Mobile - £61.55
Fuel (Paid by 0% Credit Card) - £94.41
Food & Groceries + Electricity/ Gas (Direct Debit) - £98.68
Entertainment - £33.89
Shopping + Misc (Paid by 0% Credit Card) - £448.28
Credit Card Payment (Purchases at 0% for 12 months) - £2443.45
Credit Card Payment (Purchases at 0% for 12 months) - £0


Elecricity – KWH/day (Will add later)
Gas – KWH/day (Will add later)


Will update my signature now

Floxxie

Congrats MQ - thought you might have been busy earning! :rotfl:

Queen-Bee_2

Fantastic achievements, month on month! It's so easy to spend when you've good money coming in.. Well done on all your efforts!! :T
QB