Edinburgher gets cracking!

gallygirl

For example, if I've got a £100 expense coming up in 1 month, there's not much point calling it £8.34/mth, as the money will be needed far sooner. I think our first real challenge is to get these shocks out of the system?

That's the beauty of the plan Ed: lots of little pots, some will be in deficit, some in surplus so you borrow from the surplus pots when necessary with the plan to be at zero balance in all at the end of your year :T

Edit: though Mr Burns had something useful to say about plans..........

misscousinitt

Hi Ed

Just catching up.

MCI

PS Your wife is definately not the only female SW fan!:rotfl:

edinburgher

That's the beauty of the plan Ed: lots of little pots, some will be in deficit, some in surplus so you borrow from the surplus pots when necessary with the plan to be at zero balance in all at the end of your year

Ah, but that only works if none of your large expenses comes at the start of the financial 'cycle'. For example, my total monthly expenses are £100/mth on average, but one of them takes the form of an annual £200 payment. If I need to make the payment in month one, I'm rooked! :rotfl:

The projected £1600 required for insurance falls into this sort of category, hence the soul searching.

edinburgher

Reet - budgeted up the wazoo

In terms of the actual calculations, it was fairly straightforward. Because I know the annual expenses for everything, there were two values for each (annual expense / number of months until annual expense, followed by annual expense / 12 from that point).

There are a few things that will be a bit of a pain over the next 3-4 months, but there should be no need for panic after that.

£6.62 into Zopa today, time to round up to my next tenner

edinburgher

Went shopping with Mrs E today - presents for her best friend's wedding and for my Mum's birthday. We got some lovely crystal wine glasses with Swarovski watsits on them, but it certainly wasn't a bargain. John Lewis now has 107 of our hard-earned pounds! :eek:

Expense aside, Mrs E and I had a lovely morning and went to one of our favourite pubs in town. It was just about nice enough to sit outside and we had a good chat before I headed home for some housework and diary reading

Got my haircut for the wedding this morning and managed to pop to Lidl to pick up loss leaders. Today's goodies included 1/2 piri piri marinaded chickens (£1.34/each), cherry vine tomatoes at £1.58/kilo and dark chocolate for 17p/bar. Our freezer is starting to fill up again, always makes me feel virtuous and prepared. Perhaps I will be able to try one of these fiscal fasts I have heard mentioned on Courgette and Tilly's threads?

TCB has paid out for my S@ntander 123 account opening - £55.55 winging its way to me by BACS. I had actually planned to take £50 of it as points for Mr T, but I couldn't split payment? I will be paying it all into Zopa, which will bring me the princely sum of £1.67/year interest for forever

edinburgher

Dinner cooking - piri piri chicken, roast vine tomatoes and German potato salad with lardons and pumpkin seed oil from Mrs E's grandparents' farm in Austria.

Om nom nom - not bad for £4

I think I'll put through a big Mr T order - we have various coupons, double points vouchers and only 1 toilet roll left :rotfl:

Tilly_MFW_in_6_YRS

Evening Mr E, I would definitely be hyper ventilating if we ony had 1 loo roll left.

Pumpkin seed oil is my favourite

Have a lovely evening, the menu sounds fab

Tilly x

edinburgher

Thanks Tilly - 18 more coming on Monday

Shopping all ordered, a few decent bargains in there.

nattypants

YOU PASSED, YOU PASSED!!!!!

Mahoosive (albeit late) congrats Ed:T:T:T:T:T:T:T::T:D

PS. I used to love when Alvin Hall was on TV - think I'll see if I can dig out a book at the library also

PPS. Well reminded as currently only 2 loo rolls to my name:eek:

jedi82

Hi Edinburgher, you have made me realised that my budgeting is nowhere near as good as it should be. Gonna try Alvin Hall as like the idea of pots. Congrats on the driving test :j
Jedi x