Is it the end, or just the beginning.....?

Cheery_Daff

Souk08 wrote: »

Hey ladies, some really interesting posts here. Since I moved back to Glasgow my salary has risen by 10k from what I originally earnt and rose by 6.5K earlier this year. Although I LOVE clothes I had cut clothes out of my budget until this year as I too had to prioritise. For me, socialising and fun were top priority so clothes fell down.

:eek: had a mad vision of your actual *clothes* falling down there :eek: :rotfl:

I would now struggle to earn less but am saving so that I do have some leverage. For me though, I fully accept that I will always have to work full time and I enjoy working so that bit is not a problem.

In terms of balance Cheery I would save a bit and spend up to the rest...and for God sake let someone give you a haircut!:rotfl::rotfl:

I *might* let someone give me a hair cut But I'll have you know I'm not that bad at it myself (my hair's pretty long, so it's just a case of trimming the ends, I'm not as much of a sight as I made myself out to be! :rotfl:)

macgirl

That's my criteria for a good house - how will the Christmas tree look in the window? It will be fab!

hypno06

I checked out the wine storage availability too :rotfl:

Souk08

I know you're not but I'm just imagining you hacking away at it!

beanielou

Happy decluttering

lucielle

Has it got plenty of storage for the wine?
L

hypno06

I'll declutter a few more bottles before I go - just to be on the safe side

Firewalker

Cheery_Daff wrote: »

I'm really struggling with the concept of having lots of money :rotfl: and don't immediately want to start spending right up to my income level, and trapping myself into *having* to earn that forever, because I don't want to work full time forever.

Good evening Hypno, good evening Cheery,

I recently finished reading a book entitled 'The Richest Man in Babylon'. Wonderful...and written at the begining of the 20th century. But the rule about this earning/spending lark was: 10% of earning keep in savings (eventually invest); 20% use to pay debts (if have any); 70% of your earnings use to live on.

For people who don't have debt the 20% can be shared between savings/capital and living.

I am set on doing it (and discovered that we have roughly been doing it during the last year) because otherwise the way things are going I am not going to have pension (or bus pass).

Sleep well.

Firewalker

Cheery_Daff

Thanks for that Firewalker

I'm going to be saving quite a bit more than that :j I know my contract is only for 2 years, and I'm not sure what I want to do afterwards, so I want to give myself a nice enough cushion that I don't have to rush into something else. So I'll be putting 25% into my longer-term savings (which are, er, £0 at the minute :rotfl:), 6% (ish) into an emergency fund, 6% (ish) into the holidays-and-weekends-away fund , and adding the other extra 12% (on top of what I earn now) into the general living pot - so increasing my contribution to the household, plus clothes (and haircuts :rotfl:), and slightly increased travel expenses. That all sounds slightly wishy-washy, but I have worked it out in detail, honest! :T

(Sorry, hijacking your thread Hypno, get back to talking about your shiney new house! :T :T)

MatyMoo

hypno06 wrote: »

I measured the bay window for the tree this evening

I bought my first house based on the fact that the Christmas Tree would look fab in the Bay Window

And then added a conservatory to this one as I had nowhere else for a Christmas Tree :o