A Thread for After Debt?

rising_from_the_ashes

OK after much fiddling around, have come up with this - it might get a bit overcrowded for the pots with several budgets in .... (no other ideas)



For those who are spreadsheet/budgeting "savvy";) - does this look like it would work?

TIA:D

SOT2011

Hi everyone :wave:

Rising - that spreadsheet looks remarkably similar to my fairly new one, I decided last month to move some of my pots into an ISA to try to get a bit more interest, but needed to keep track, but also to help me not spend from the reserve fund for less than emergency reasons as I was stretching it a bit to just wants rather than needs.

JG - amazing news re: house, I hope it goes smoothly & you manage to sort out the repair issue to your satisfaction. Very excited for you all.

LeaLeaV - Thank you for asking, I missed the little dog like crazy when she was away, but it did mean I got my assignment done without so much guilt. She had a lovely time with my parents, and their dog really seemed to enjoy having her about. I am on a short break from OU, the assignment I submitted towards the end of March was the end of one module, and the next ones don't start till the 1st May. I am finding it weird to not be making excuses not to be doing OU work, but one set of books was delivered the other day so I may start some reading over the bank holiday.

Hi to Mort & LianneH :wave:

Hi & welcome b_girl, 166million, Attackthe banks and any other new thread joiners I have missed. It is great to see more people joining our slightly scatty bunch of debt free-ers :rotfl:

At a loose end tonight, doglet has gone to visit with her daddy to give me a bit of free time - hence I have actually got round to sitting down and posting properly!

SOT x

rising_from_the_ashes

SOT2011 wrote: »

Rising - that spreadsheet looks remarkably similar to my fairly new one, I decided last month to move some of my pots into an ISA to try to get a bit more interest, but needed to keep track, but also to help me not spend from the reserve fund for less than emergency reasons as I was stretching it a bit to just wants rather than needs.

Ohhhh fantastic :j - just needed a bit of reassurance that I'm on the right track .

Yup, it really is to try to keep track of individual budgets eg the clothes one is currently overspent but the dentist & hair ones (now in the same pot) are underspent so the overall balance is +ive - but I really want to be able to look at individual ones and say .... "mmmmm can't have that new top" etc:)

Giving up for the night - have the basics drawn up for each pot and have renamed them / combined / transferred the correct amounts to them online.

Totally exhausted & have just realised I've been at this well over 3 hours:o:eek:.

350 mile round trip to drive tomorrow :eek: on unfamiliar, rural roads so heading off for a bit of a relax and an early night!:)

Mort

rising_from_the_ashes wrote: »

eg: Pets balance currently is £265 but £200 of that is the dog and £65 is the cats

If I spend, say £20, on the cats, then their budget reduces to £45 (and overall budget to £245) but the dog's budget stays at £200


Hope some of that makes sense?:o

Sorry none at all. I think I have already said on this thread that I don't get the pots thing. If your cats needed £150 quick would your dogs lend it to them, gift it to them or tell them to jog on?

Anyhow leaving aside canine/feline fiscal policy your spreadsheet would work. It's a good idea to have a pets worksheet with three working areas like you have shown. I would have the total or all pets information on the left in column A with a summary of the cat/dog balances in columns B and C. I would then have the dogs and cats information over to the right so that it does not normally show on screen unless I were to scroll over to it. Creating named ranges for the individual dog and cat areas would aid navigation as it makes it possible to jump around different worksheets in a workbook as well as different areas on the same worksheet. Named areas can also simplify complex calculations.

Mort

LealeaV wrote: »

Hope you all have some nice plans for the Easter break! x

I hope you enjoy your long weekend LealeaV

As for me its,

1. DIY and dump runs for the outlaws.
2. 28th wedding anniversary meal with Mrs. Mort and some friends.:beer:
3. BBQ if weather is nice - the rain/sleet/snow will have to stay away.
4. Dog walking - my favourite:)

And a good weekend to everyone else as well.

SOT2011

Mort -sounds like a lovely weekend ahead of you.

Mine looks a little similar - DIY and tip run, I want to repaint the kitchen "feature wall" green instead of peach, more coats of paint over the murals in the hall and a few areas of filler to do to prep hall for decorating the following weekend.

Lots of dog walking. Here's hoping it is mostly dry if not as warm as it was last week.

SOT x

JulieGeorgiana

Rising, if it works for you...

I think it looks fine, it's a good start... soon you will have everything in one pot

This weekend:

Friday - Clean House

Saturday - Collect Christening Cake, Make a Chocolate Cake, Maranade Beef, Collect Christening Gown from Mum's, Visit Friends, Visit MIL (and have dinner), Collect BF from Airports (Eliza's Godmother from Norway)!!

Sunday - ELIZA'S CHRISTENING!!!

Make a Beef Tikka Masala and Chicken Korma Curries (from Scratch) for Godparents and families...

Monday - Go out for the day to the New Forest and forget the stress of the weekend!!!

Ps. is £375 a good price for a Homebuyers Survey?? Anyone know what insurance I need for my Mortgage is it just life insurance normally??? My Mortgage Advisor is a bit like a used car salesman and is trying to sell me EVERYTHING!!! Can't trust him as far as I could throw him...

Pps. Eliza is pulling herself to standing already! She is growing so fast

SOT2011

Busy busy weekend JG. Have a lovely christening in Sunday.

I'm not sure about the survey, sorry, I can't remember what ours was but it was a new house so think it was a bit different.

When with ex-OH we had life cover and critical illness and some sickness, accident and redundancy cover too. I'm still trying to decide what to do now I'm on my own. I would def check the guides on here. I got my single life and CI much cheaper through the broker recommended than quoted by my lender. I'm only sticking with lenders MPPI because we are restructuring soon, as knowing this is enough to invalidate a new policy if worst happened.

SOT x

LianneH

rising_from_the_ashes wrote: »

- does this look like it would work?

Rising - this looks similar to what I have, except I have everything in one pot, so really I have many of your little sections, with an overall total that then reconciles back to my balance in my bank account.

What I am struggling with at the moment, is.... since I became DF I started saving a monthly amount for all my "annual bills" (including christmas, clothes etc). So far I have 2 months worth of savings, which is enough to pay, say, my car insurance, but the amount in the car insurance's individual pot isn't enough, so what do you do in this instance as really its robbing peter to pay paul! IYSWIM?!

JG - no idea about the homesurvey, I bought my house before this was brought in! hope the christening goes well x

hope everyone has a wonderful Easter weekend!

Li x

JulieGeorgiana

I tried to get a quote for Life and Critical Illness, and it looks like I have too many issues to get critical illness. DH and I talked about it and since it's his wage that pays the mortgage we will get joint life insurance, and try and see about him getting the extra insurances like critical illness and redundancy (if we can afford them!)

I think I will enjoy the weekend, it just seems like a lot to do in preparation

I have a headache... to much money!!

If I ever tell anyone that I am thinking of moving after this... please hit me around the head and remind me of how much I HATE moving... and buying a house just makes it so much worse!!!