Southernman's steps to freedom!

Southernman

Yeah i think i need a few years of freedom first and for him to prove himself! Until then, i'm happy with my lodger for company!

Southernman

Ok so he paid me back £750 earlier meaning the full debt is cleared in the space of 5 weeks and it also means i've managed to make a big overpayment of

£1000!!



This makes me so happy! I managed it 2 months earlier than i anticipated!!

I don't know if i saved that much interest by doing it now rather than 2 months time but it's done and i'm chuffed!

Smashed my mortgage target too. Going to have to up it!

ultrarunner

Well done! That's a nice meaty overpayment there and it will make a real impact on your mortgage!

I've been following your blog and I have a similar issue as regards affording overpayments on a single income. I'm going to have consider whether or not I can afford to keep overpaying during the next few months - I can only afford investing into a share plan OR overpaying, not both.

Southernman

I invest in a share scheme with work...it's only £23 a month though! I don't even notice it!

I_want_a_baby

Well done on the OP Southernman!!

I wouldn't be in any rush to move in just yet (despite my earlier post!). At least he has come good with the repayment to you!

From the day my hubby & I sorted our finances out and I took control it has been 'our money'.
Back then we earned similar amounts, put it into the pot, paid the bills & then had exactly the same to spend each (£20 a month if I remember right!).
Now I am a stay at home mum but the rules still apply, the income comes in, the bills get paid & then we have the same to spend each.
We are a team and we are equals!
If we were to split (hopefully never) then I imagine any assets would be split 50:50 too.

So despite me going without for many years (whilst all my friends were at the pub and buying tons of clothes!) whilst the IVA was paid off, I guess you could say hubby is going without now I am a SAHM. Its all relative. This works for us & may or may not work for you.

However one solution could be to protect any capital built up at the point he moved in and then assume it is 50:50 thereon?

Think he should buy you the sparking engagement ring (in CASH not credit!) first to prove himself though don't you !

Stacey x

Southernman

I would absolutely murder him if he bought me an engagement ring on credit.

If that was the case i'd rather just have a Haribo orange sweety ring!!!

PS i'm going to probably end up renting my little flat eventually and move in with him. Before you take away commission etc it would rent for £900 roughly (furnished). Service charge would be the only thing i would pay towards the flat and give him some pocket money towards bills too. (my flat is in a fairly nice area and is extremely central also, a Coronation Street star lives around the corner!!)

Southernman

If a family of 3 had a car each would this be deemed extravagant?

Now my family of 4 has one car and it's 15 years old.

Would you consider from an outside observance that the first family were better off than the second?

VoucherMan

Southernman wrote: »

If a family of 3 had a car each would this be deemed extravagant?

That one's easy. No. Before when I lived with parents there were three of us & three cars. I needed one to get to work. The parents couldn't manage sharing one as they often had to be in different places at the same time.

Southernman wrote: »

Would you consider from an outside observance that the first family were better off than the second?

That one's harder. The first family could all be on low wages. Three lots of tax & insurance to pay so may not have much spare. Family number 2 saving lots of money/paying off mortgage , not spending it on cars, could be millionaires.

Of course it all depends on what you mean by 'better off'.

Southernman

I'm going to make the inside of my en suite door a bit more jazzy with postcards...now i had a quick check around and so far i only have 2 .

It's going to take a long time to cover it!!

I'm debating whether it's better on the inside (will it get damp with shower moisture etc and damage?) or the outside of it (where i can't see it when i'm weeing?)

Southernman

Just texted my boyfriend if he fancied a chat later because we haven't spoken since Sunday night.

He texted back with 'not really like.'

Maybe i'm being over the top but it upset me. He didn't even give me a reason why. Yeah i understand he may be busy but he could have given me more detail rather than being so rude.

Considering we spend so little time together with him living an hour away it hurts you know.