Hypno's approach to life, the universe and debtbusting.....

hypno06

savingholmes wrote: »

nice one Shelley - I think my CC agreed - got the bill today:eek: not quite got hypno's flair for living on air and denial... could do with it though! Altho I think the kids wouldn't know what had hit them!

So, you find a way of doing it so they are involved.....

When I first becamse a DFW and really focused on my debt rather than just drowning in it, I got the children involved. I opened a separate savings account and explained that everything has a price, it is up to each of us to decide whether that price is worth paying...

So, we used to pay a lad from the village £5 to cut the lawns once a week. But if we did them ourselves, then we saved £5....we could buy birthday wrapping paper for £1 from the shop or we could make our own from paper and pen at home.....we could buy a drink from the shop, or wait until we got home, have squash, and save 50p....

Each time we did this, we put the money in the new savings account, and the children soon enjoyed seeing the balance go up, which then paid for the deposit for a ski trip in due course...

They very quickly started to think about the "value" of money, and the alternatives to spending it, and this has stayed with them over the years. It is a case of involving them, not just saying "no" to them.

hypno06

Right, scratches done for my daily 10p, email fired off to ebay buyer requesting payment for the item sold on Saturday :mad: and banking done - the student cheque that DID arrive last week has cleared, so I can breathe just a little easier knowing that there is a bit of money about, and I will go and collect the missing cheque at lunchtime, although that obviously won't clear until later in the week.

But at least bits of money are coming through....mind you, OH got paid from his second job on Saturday, and I sent it to the other bank account we have, to cover the money borrowed from various pots for the China cheque......and it has not yet arrived :eek: Obviously the faster payments system was having a day off on Saturday, so I assume that it will arrive at its destination tomorrow or Thursday, which is a pain - had I known it was going to take that long, it would have been quicker to draw out cash from one bank, and pay it in to the other bank yesterday :rolleyes: As it is, there is £560 of useful money sloshing about in the banking system :rolleyes:

Oh well, saves me spending it, I suppose!

Have a good day everyone x

40somethingmum

Morning Hypno.


Have a good day.

40SMxx

Essex-girl_2

****Lurker Alert*****

Hypno - did you send your money from a barclays account its just that at the weekend they advised that the faster payment system wasnt working till Mon.

Will now go back to my lurker status.:rotfl:

hypno06

Essex-girl wrote: »

****Lurker Alert*****

Hypno - did you send your money from a barclays account its just that at the weekend they advised that the faster payment system wasnt working till Mon.

Will now go back to my lurker status.:rotfl:

Yes, it was from a barclays account - serves me right for not reading things properly! Oh well, it will arrive eventually

You should come out of lurkdom more often!!

youareallhelpingme

Morning all, life on the edge hypno, you'd be lost without it :rolleyes:

Glad some money is coming in. The way it floats around the banking system should really be :money:next mission!

I did the whole of Sunday without spending a penny and actually found a penny so 1p up for my £20, despite working all day with opportunities to spend on ice cream, crepes etc i know I have some left so will have to work it out.

i missed all the houses but used to love looking at what was the most expensive on Rightmove!

Have a good day all,

Me x

Karmacat

Hello! I'm off to France in an hour and a half, couldn't quite bear to start running about yet.... at least all the dishes are washed. The £20 challenge.... well, I went out on Saturday to buy food (no proper shops in normal walking distance) and spent £3.20 on a reduced rate bus ticket. Otherwise, my £20 is intact. Just shows what a boring life I have

Hope everyone has a good week - and Hypno, I hope your dosh arrives in the right place really soon.
xx

hypno06

KC, I hope you have a really good trip away!

[Deleted User]

Hi Karmacat,

Have a lovely time away, hope the weather stays nice for you.

Tea
x

rtandon27

hypno06 wrote: »

Each time we did this, we put the money in the new savings account, and the children soon enjoyed seeing the balance go up, which then paid for the deposit for a ski trip in due course...

They very quickly started to think about the "value" of money, and the alternatives to spending it, and this has stayed with them over the years. It is a case of involving them, not just saying "no" to them.

Morning All!

Hypno - just read this and wanted to say what a fabby mom you are!!!:T:T:T Not only have you taught them the value of money but also the value of teamwork -- you can do it if you all pull together!!!

(back to lurk under my rock...)