Let My Life Begin

CAFCGirl

doodledo wrote: »

Hypno such wise words. The temptation to keep spending is high but its overtaken by my desire to see my savings go up.

I don't think I will ever come off the MSE wagon

Why would you want to anyway? Its FREE TO RIDE!!!!

:rotfl:

ShelleyC_2

doodledo wrote: »

You're a MFW aren't you? Do you save up a lump sum at a time?

I'm a MFW wannabee if that makes sense. I relocated in middle of property crash so went into rented whilst selling my old house. Currently in rented waiting for dream home to appear on the market.

My current plan is money goes automatically into regular savers each month. I'd look at getting one of these it really focuses the saving plus higher rate than usual savings accounts plus it means you can't spend the money!

Then at the end of a month I move any money left in my account into savings. I have a bit in very easy access so can get that out quickly if big bill or something comes up. I tend to buy as much as possible on my Amex cash back card which means I end up paying for it the month after

As for your mortgage best to speak to you provider they all have different ways / rules regarding overpaying. I would like ultimately to get one where you can overpay as you go along rather than a once a year lump sum - I'd be tempted to spend it before then :rotfl:

I'm sure you'll be back on the wagon soon but if not we'll drag you on

savingholmes

Shelley's advice sounds good....

Hypno's wasn't bad either.... LOL

I need to spend a lot less too!

CAFCGirl

savingholmes wrote: »

Shelley's advice sounds good....

Hypno's wasn't bad either.... LOL

I need to spend a lot less too!

Me three :T

ElizabethJH

Hey doodledo - so nice to hear you so positive - a little bit of spending is deserved and you're still here which shows you've still got money saving in mind!! Hope you're enjoying the new car and tv - when I'm debt free I have plans for a party - so many of my friends and family have supported me and everyone says they want to celebrate with me at the end!! Well lets hope I'm not too far behind you.. bet you can't stop smiling everytime you look at your bank balance!!!!

doodledo_2

Thanks Elizabeth

Well it's been a really good week so far. I have had several NSDs and have taken a packed lunch to work every day :eek: something for some reason I never did before

savingholmes

Sounds like you've turned over a new leaf... When are we going to see your mfw figures ??? No pressure LOL

edinburgher

something for some reason I never did before

The phrase 'in for a penny, in for a pound' springs to mind in relation to this observation. I've noticed quite often that DFWs compensate for the fact that they're paying off £££s from their debts on payday by leading lifestyles that are a bit more wasteful on a day to day basis.

Once debts are paid off I think people appreciate the value of their money a bit more (as opposed to the banks') and a bit more frugality seems fairly understandable...

Good for you

ShelleyC_2

And thanks to you I've taken a packed lunch everyday too

CAFCGirl

hiya chick!

Just thought id venture over to share in the renewed sense of optimism and visioneering regarding the future....

Im listening to some old skool reggae, and life is good my friend...... life is inherently good...

"For I know the plans I have for you, plans to keep you, and plans to prosper you, and keep you safe from harm....."