Peonie's journey to smart money management

Peonie

Hi mpg,

Thanks but I'm not really organised. If I was I would have put those 25 books in the spare room on Ama$on a long time ago, probably would have set up an ebay account by now and would have started a hobby business to make a few extra pennies.

I think £4,000 is achievable based on this years savings but first I have to pay off the £464 credit card bill :eek:

Don't be a stranger.

Peonie

This week we have saved money and energy loss by covering the air vent in the toilet with bubble wrap. We don't have any heating in the room and it gets very cold and while it does not look particularly attractive it will do until the weather gets warmer.

For Christmas I have finished buying all the presents I'm giving. Mr P & my dad want money so that's easy and we've got a spare bottle of alcohol in the cupboard my granddad will enjoy.

I have offered to make part of the meal on Christmas day so I will need to go shopping again to buy the ingredients. At the super shop of all shops last week we did pick up the ingredients for the Christmas day roast in case we get snowed in this year.

This year we did not buy any new Christmas cards and I don't think we'll need to stock up in the January sales this year again either. All of the cards have been sent in the second class post.

And as this is my 200th post I just may get a second star :staradmin :staradmin

Peonie

Got it!

:staradmin :staradmin :staradmin :staradmin :staradmin :staradmin :staradmin

gallygirl

Congratulations on your new status

Peonie

Peonie wrote: »

... first I have to pay off the £464 credit card bill :eek:

I have thrown the smart money management book out of the window and paid off the credit card balance in full. I really don't like debt and in my head I know I should have stuck with the minimum payment for as long as possible but you know what; I feel better.

It means I have well and truly overspent this months income by £258 so far; which ever month I paid the balance this was going to happen and I left enough in the pot to cover it.

All in all, maybe the smart money management book is not out the window but on the floor getting trampled on a little bit.

Until next time...

Lois_E

Peonie wrote: »

I have thrown the smart money management book out of the window and paid off the credit card balance in full. I really don't like debt and in my head I know I should have stuck with the minimum payment for as long as possible but you know what; I feel better.

It means I have well and truly overspent this months income by £258 so far; which ever month I paid the balance this was going to happen and I left enough in the pot to cover it.

All in all, maybe the smart money management book is not out the window but on the floor getting trampled on a little bit.

Until next time...

That's what I would have done too!

Just dropping bye to say hi. :wave:

I've been away from MFW for a while but I'm back now and catching up on diaries. Glad my little piece of info was useful for your DH with MIL's estate.

Peonie

Yay you're back. I did notice you disappeared for a few weeks. Yes, thank you for the advice and it's nice to read someone else would have paid off the CC bill too.

Mr P had his work Christmas party last last; I picked him up at midnight so he did not have a late one but this morning he has been sick a few times. Poor thing, he says he does not have a hangover...

On the drive last night I managed to stop myself from stopping at McDs for a chocolate milkshake; I stayed focussed, kept on driving, and had a hot chocolate at home instead.

Today I need to clean the house and do a mountain of washing. We may have visitors over Christmas but they have still not decided if they are coming but I need to prepare for them just in case.

When starting this diary I left post 2 and 3 empty for future ramblings; post 2 now contains my annual progress and in the future may contain targets, but not yet; and post 3 lists some of my money saving ways.

Right, I'm going to catch up with everyone's diaries before starting my day.

mpgsheep

Peonie wrote: »

I have thrown the smart money management book out of the window and paid off the credit card balance in full. I really don't like debt and in my head I know I should have stuck with the minimum payment for as long as possible but you know what; I feel better.

This is what I am umming and aahing about. We have £3800 on the Tesco Credit card, and my regular saved has matured so I have the full amount sitting in our easy access saver. However I have until 31st Jan to clear the balance on the card. Logic says wait and earn a little bit more interest on the money...but I hate it!

mpgsheep

ok paid it off now nice to start the New Year in good fashion

Peonie

mpgsheep wrote: »

ok paid it off now nice to start the New Year in good fashion

Oh my goodness that made me laugh. In one post you were umming and arring, the next and less than an hour later I might add, it was gone.

One less thing to think about. :beer:

If only our mortgages were that quick and simple to sort out.

I had a bit of a shock tonight; I logged onto my internet banking (to check if I've been paid - I've not) and saw the balance was quite low; considering the CC bill has paid off it should not have come as a surprise. Anyhow I thought, hmmm what's happened there? I looked and saw not only had Mr Ts taken £464 from my account but also £489 :eek:

It then took me a moment to notice they had deposited £489 into my account before taking the others. Where's the 'phew' smilie when you need one.