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Moooooving back to DFW - one Fresian's continued adventures in debt-busting

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  • mooomin
    mooomin Posts: 13,703 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    I can have a bash at explaining it if you like...?
  • rising_from_the_ashes
    rising_from_the_ashes Posts: 12,433 Forumite
    10,000 Posts Combo Breaker Home Insurance Hacker! Debt-free and Proud!
    flying_fresian wrote: »
    I can have a bash at explaining it if you like...?


    :rotfl:ta ....... I *think* I get the jist of it (very loosely:o in that you buy stuff on offer and buy it back from yourself at slightly less than full price?) but I just can't ever see me being organised enough to do it - how on earth do you know by looking in the cupboard what's "in stock" and what you need to buy?

    As for the money side of it - I'm afraid that's beyond me!:o

    SF glad to have another "don't get it" member, welcome!:)
    Grocery Challenge £211/£455 (01/01-31/03)
    2016 Sell: £125/£250
    £1,000 Emergency Fund Challenge #78 £3.96 / £1,000
    Vet Fund: £410.93 / £1,000
    Debt free & determined to stay that way!
  • mooomin
    mooomin Posts: 13,703 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    rising_from_the_ashes wrote: »
    :rotfl:ta ....... I *think* I get the jist of it (very loosely:o in that you buy stuff on offer and buy it back from yourself at slightly less than full price?) but I just can't ever see me being organised enough to do it - how on earth do you know by looking in the cupboard what's "in stock" and what you need to buy?

    As for the money side of it - I'm afraid that's beyond me!:o

    How do I know what's in stock?

    Mainly I don't :o I have one cupboard in the kitchen that's only Second Purse stock. Before I do my weekly shopping, I write a list as normal and then check the cupboard to see if any of the stuff on the list is in the cupboard.

    Money side

    I do have a spreadsheet, but it's a PITA to remember to complete it, so I've taken to scrawling the "sale price" of something on the tin/pack so I know how much to give the Second Purse.


    I thought it sounded like insanity when I first started, but what I do now is a big monthly shop as I normally would when I get paid, but I'm buying at least half of those items from my own wee shop, and more money is trickling into my piggy bank as the weeks go on. It does work, it just sounds batty :rotfl::rotfl:
  • rising_from_the_ashes
    rising_from_the_ashes Posts: 12,433 Forumite
    10,000 Posts Combo Breaker Home Insurance Hacker! Debt-free and Proud!
    flying_fresian wrote: »
    I have one cupboard in the kitchen that's only Second Purse stock.

    Ahhhhhhhhhh :)
    flying_fresian wrote: »
    I've taken to scrawling the "sale price" of something on the tin/pack so I know how much to give the Second Purse.

    Ahhhhhhhh for a 2nd time!:D
    flying_fresian wrote: »
    It does work, it just sounds batty :rotfl::rotfl:

    errrrrrr ;)
    Grocery Challenge £211/£455 (01/01-31/03)
    2016 Sell: £125/£250
    £1,000 Emergency Fund Challenge #78 £3.96 / £1,000
    Vet Fund: £410.93 / £1,000
    Debt free & determined to stay that way!
  • slowlyfading
    slowlyfading Posts: 13,429 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    rising_from_the_ashes wrote: »
    SF glad to have another "don't get it" member, welcome!:)
    Haha, yay! :j
    rising_from_the_ashes wrote: »
    Ahhhhhhhhhh :)



    Ahhhhhhhh for a 2nd time!:D



    errrrrrr ;)

    That's me too - I've read through it a few times, and it just seems a bit too much effort, and its still confusing :o I buy things we use when they're on offer, then I don't need to buy them later - without a second purse? Maybe I'm just being lazy.... :o
    Be who you are and say what you feel because those who mind don't matter and those who matter don't mind.
    Personal Finance Blogger + YouTuber / In pursuit of FIRE
  • beanielou
    beanielou Posts: 95,426 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Mortgage-free Glee!
    rising_from_the_ashes wrote: »
    Hoping Beanielou will join me in this ...... _pale_:wall:_pale_:wall:

    I just don't get it at all :o
    Beyond my limited capabilities Im afraid :rotfl:
    I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.

    Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.     ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
    One debt remaining. Home improvement loan.
  • beanielou
    beanielou Posts: 95,426 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Mortgage-free Glee!
    SF~I buy things when they are on offer.
    My friends dont call me bargain woman for nothing :rotfl:
    I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.

    Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.     ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
    One debt remaining. Home improvement loan.
  • slowlyfading
    slowlyfading Posts: 13,429 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    beanielou wrote: »
    SF~I buy things when they are on offer.
    My friends dont call me bargain woman for nothing :rotfl:
    I wouldn't be offended by the name at all :D :cool: bargains are ace!
    Be who you are and say what you feel because those who mind don't matter and those who matter don't mind.
    Personal Finance Blogger + YouTuber / In pursuit of FIRE
  • mooomin
    mooomin Posts: 13,703 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Morning folks.

    Sorry I've been missing for a bit, but it's been a bit of a rubbish week and I haven't really felt like posting :o I'm officially at risk of redundancy (again!) and will find out next month if I'm getting paid off from my job. That part I'm not too worried about as I'm entitled to a reasonable redundancy package and will use the funds to live on while I find a new job, I'm just not sure how easy it will be to find one :eek:

    Money:

    PAD/Spends - £42
    Entertainment - £1.74
    Savings - £66
    Overdraft - £140.79

    So, I'm clearly a little skint :D I've been doing Swagbucks a LOT over the last month and have just redeemed my third £5 Amazon voucher. I gave one of them to Mr F to top up his Kindle, so I'm waiting for one to arrive and a voucher from MySurvey as well. I'm currently planning on using Amazon for a LOT of Christmas and birthday presents this year. This thread has been great for helping me maximise the SBs I'm earning and next month I'm aiming for £25 in vouchers which is the most you can get when claiming £5 at a time. (Happy to refer anyone who isn't already using the site!!)

    Better run to work, hope everyone else is ok :D
  • slowlyfading
    slowlyfading Posts: 13,429 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Oh dear, at risk again :( sending you some dodgy hugs in the meantime :grouphug: lets hope you're not one of the ones to go :)
    Be who you are and say what you feel because those who mind don't matter and those who matter don't mind.
    Personal Finance Blogger + YouTuber / In pursuit of FIRE
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