Edinburgher gets cracking!

postingalwaysposting

edinburgher wrote: »

Am I being unreasonable to ask her to strongly consider option B? We would both love a baby E and are ahem... not attempting to avoid his/her arrival

With this in mind, I think wrapping up our emergency fund (we're looking at £4k to begin with) would seem to be our highest priority?

Treading softly (because I don't want to be the overbearing husband), but am I being a git by favouring option B?

Hi Mr E, I am with Lois about having some security before mini comes along... However a baby can be as MSE or as expensive as you want it to be, as with your and Mrs E's lifestyle when it comes alone.

That being said, I do think it would be better keeping the saving and slowly adding to it anyways. Being home owners now and overpaying the mortgage means you have little/no fall back unless you take out loans/CC's so savings are a good idea anyways.

Also mini E could turn up in 9 months or 2 years you never know so in that time you could save quite a bit which could give you or Mrs E extra time off of work once mini comes along.

Just some 'female' opinions

edinburgher

Also mini E could turn up in 9 months or 2 years you never know so in that time you could save quite a bit which could give you or Mrs E extra time off of work once mini comes along.

I'd like that. I have some hopes of going down to 4 days a week for the first few years if my employer agrees. Luckily we're in the position where what we earn more than pays for everything we reasonably need. I'm sure there is a lot of fat to trim in exchange for things that can't be bought, like time with a mini person

nattypants

Ed - not that I want to tell tales, but you really should get yourself over to lula's diary:rotfl:

postingalwaysposting

Thats just it, having money and 'stuff' can never replace memory's for both you and mini. If you are prepared to live a frugal lifestyle and OP a mortgage then I am sure you can live a frugal lifestyle with a mini E.

Just had another :idea: If you and Mrs E are both learning to drive will you be purchasing one or two cars? I don't want to teach you to suck egg's etc but maybe a car share would be more benifical than buying two and maybe having to sell one when mini comes along.

edinburgher

nattypants wrote: »

Ed - not that I want to tell tales, but you really should get yourself over to lula's diary:rotfl:

Do they even sell handbags that expensive in Scotland? Most of the women I know make do with an old Tesco bag :rotfl:

lulabelle1

nattypants wrote: »

Ed - not that I want to tell tales, but you really should get yourself over to lula's diary:rotfl:

OH MY GOODNESS - you little snitch!!!!

lulabelle1

edinburgher wrote: »

Do they even sell handbags that expensive in Scotland? Most of the women I know make do with an old Tesco bag :rotfl:

Erm, yes they do Ed, but the sensible/normal folk like you are too busy eating smoked salmon and duck to find them.....:rotfl:

Just the idiots like me would know where to find them. :mad:

InaPickle

ultrarunner wrote: »

Pickle, with automatic enrolment everyone will be in a pension in the next few schemes.

This also means that some companies will close their existing schemes and only provide the minimum as required under AE. So I guess you need to find out what your company will offer and act fast.

Ooh, the sneaky !!!!!!s! :mad: And as for my current company, I can't get out fast enough, so I'm hoping not to be around by the time that rule kicks in!

edinburgher wrote: »

I'm sure I'd read that loopholes mean that smaller employers might be abke to avoid it for a couple of years yet? I forget what size of employer you work for Pickle.

Currently a small one, but previously some quite big medium companies, if that makes any sense. I now need to work for a pension-provinding nice company of any size: I'm not sizeist! :rotfl:

*Reads other posts and zips over to Lula's diary to see what all the fuss is about*

ultrarunner

edinburgher wrote: »

I'm sure I'd read that loopholes mean that smaller employers might be abke to avoid it for a couple of years yet? I forget what size of employer you work for Pickle.

All companies with more than 50 employees by April 2015. The exact staging date will be on the pensions regulator website.

And the contribution proportions for employer and employee are staggered to allow employers (and employees) time to adjust, up to 2018. So put another way, it might take 5 years to get the full benefit of an 8% contribution (which isn't much really).

HTH

InaPickle

*Comes back and grumbles about not being able to find Lula's thread and looks hopefully for a link*