Getting a Grip on 2013

Cinny91

Don't praise me too much, I just buy things for Breakfasts and Teas, plus some snack stuff for weekends. Don't do dinners or anything fancy with my budget think its just about remembering what you already have - case in point: I thought we were out of milk so bought another carton. I get home and find another 3 in my fridge. Guess who's having glasses of milk like its going out of style?! :A

Decided to not do anything with my wages until I get paid from Job no1. Then I can treat it as one big payday, hoping to get a quiet 10 minutes later on in my shift so I can figure out a little budget as it's 15 days until I get paid from Job no2 again. I think I'll only get about £170 from this, as I have a gut feeling the tax man will screw me over in terms of deciding all my income from Job no2 is taxable. Which it will be once we're over the year end, but up until then I'm as free as a bird!

Also, what do you all think is the best way to go with splitting your tax code over two jobs? I'm tempted to just keep my normal tax code with Job No1 and have all my earnings from Job No2 be taxable? It all works out the same really, doesn't it? Just a lot less faff if I keep my tax code where it is. Quite exciting though, since the start of last Autumn my wage has gone from £371 a month (we were getting by on a lot a help, super frugality as I just couldn't land another job!) to £1120 after taxes! :j so I've pretty much tripled my income! That's a happy ray of happiness!

Settling into my new routine too. I've basically slept for a day over the past two nights and feel back to my old self, I'm eating properly too now and even rocked up to work early - I'm not running 5 minutes behind myself now and it feels amazing everything's on the way up! (Bar the debt..!)

Tete_en_l'Air

Aww Cinny, everything sounds fab for you at the mo! Can't help on the tax code I'm afraid though, I've never had more than one job at a time! :eek:

shrimpy_80

I'd be inclined to keep your tax code with job 1 Cinny, as long as you'll be earning over your allowance in that job then it shouldn't make a difference. I don't know if you're 'supposed' to split it though, I know I never have but once HMRC split it without me asking them too.

Hopefully somebody far more knowledgeable than me will see your post and answer with more than speculative waffle!:rotfl:

Dinah93

I used to work two jobs at once and they basically added it all up and gave me a relevant code for my total income, so I was taxed at the same rate on both of them, I didn't have a choice in the matter.

Things really do sound great for you at the moment Cinny, I'm so happy for you x

Cinny91

I must come from a bad tax code area then, the county that the tax man forgot I had my full tax code on an old job a full year after I left and was paying full tax on my actual job. If they split it and I don't have to do anything then fair enough!

And thanks Tete and Dinah, was looking at my stats yesterday and I'll have been on here 5 years this summer! Means a lot coming from you two as almost all the Threadies have been through a fair lot of growing up with me

Speculative is good, Shrimpy! It's what my knowledge is made up of anyways!

Having a busy day at work, I'm taking a little break before I tackle my last task and close this place up. Been looking at breaks to Nashville later on in the year, I'm determined to do my debt free scream at FPP! Would be a pitstop (read, complete re-route) on the way to see my Sister for thanks giving. I kind of just want to be a tourist, hopefully meet Ramsey and stop by Martha's kitchen! I'm such a dork. He's a great source of inspiration for me at the moment, I keep on getting teary listening to the podcast debt free screams. Just wish he was more well known in England so he might possibly start doing Financial Peace Universty over here - I think a lot of people would benefit from it.

Anyone have any plans for the weekend? I'm working 7:00-12:30 tomorrow, then I'm going home to grab Ryder and we're off to my Grandparents for dinner and then to do my normal cleaning. Then stopping by home to grab some laundry then it's off to my mum's house! She said I can do my laundry at theirs as they have a dryer and stuff is just getting hung out around the house and forgotten at the moment. They're away for a weekend break, so my Sister is cooking me tea, I'm going to bring Candy Floss from the local fair, and we're slumming it in onesies watching RND while my washing gets done in the background!

My uncle has just popped his head around the door to say I've been paid on his way home so I'm off to see what this "surprise" in my wages looks like (I'm suspecting £10 )

tinkerbel

Hope you got a nice surprise!!
Re splitting the tax personal allowances Over more than one code if it makes no difference at the end of the day, I would just keep it at your main job and pay tax on all of the second job for ease but I suppose whatever's best for you. At least if they over taxed you now you can claim it back really soon

Cinny91

tinkerbel wrote: »

At least if they over taxed you now you can claim it back really soon

That's what I'm thinking too! We'll see what happens

Well! Updated my signature totals as I paid £100 into savings, £50 off the debts and moved some "change" into the VCP. Put £15 to one side for taxes and have saved enough to pay my personal bills at the end of the month. Also sent OH £50 as he's finally giving up smoking so is buying an electronic cigarette :j:j Did wince a little as I was thinking about paying that off of debt next Thursday, but that £50 is meant to be a years worth of pretend lung cancer, and will save OH over £750 in the long run (which will go towards savings, I hope!)

Have £4.62 in my purse, £49 in the bank. Need to put £10 in little car, but that should be it for over the weekend. Should get about £40 for my little jobs too

Was talking our savings through with OH. As I said I feel like we'll never get to £2,000, but then we ran through all the things we've paid for with the savings:

My Car Tax: £132.50
Ryder's Vet Bills: £250 (rough estimate!)
OH's car repairs: £150
Tattoos: £80

So if it wasn't for accidents or my impulsiveness, our savings would be at £1,780. And the other bits are things we probably would have struggled to pay for without knowing we had some savings. I guess it's all swings and roundabouts!

Realistically, with my wages changing and expecting to be tax a helluva lot, I think we'll only get our savings to £1700 and possibly another £100 paid off the debt tops. Which is just short of my first target, I'm going to keep it at £1000 as if by some miracle we make it - it'll be nice to know despite my hesitation we didn't fully waver on our goal. Guess we'll just have to wait to see what happens, I just hate not knowing!

As it's RND I'm wearing bright red lipstick as I 1) couldn't find a red nose and 2) can never wear them for longer than 10 minutes anyways. Itchy nose city!

shrimpy_80

Good luck to your OH Cinny! My friend has just given up and she said the electronic cig is good/helpful - although she did produce a collection of about 6 different ones from her bag so she may be going slightly OTT on them!

We are going to Nashville for part of our honeymoon (I was dithering about whether we should do it but OH is pretty unshakeable and we've never actually been abroad just the two of us so we're going for it). Am I right in thinking your sis lives in Florida...? We're hoping to do Nashville, Memphis, Atlanta, Jacksonville and end up in Miami, but as I'm planning it solo we could end up anywhere in reality.

I keep meaning to give Ramsey a read/listen on your recommendation, I need something to kickstart my money mojo as nothing seems to be working at the moment, although we're doing ok, I want to be doing better than that.

The tax man is erratic in my experience, I've had two jobs at various times and I only had my tax code split that one time, no idea why! As you say, it always comes out in the wash.

No RND action at my work at all, they're a grumpy bunch!

Birdie85

It does seem like everything's coming up Cinny at the mo!

No idea about the tax stuff I just hope you don't end up paying too much!

Can I come to Nashville with you?! I'd love to go (I also have A Dream of one day going to Dollywood!) but OH isn't interested at all, he thinks I'll get carried away and drag him to Country and Western bars and make him wear cowboy boots... so, yeah, he's right but that's FUN!

Your honeymoon sounds so fab Shrimpy! :j

We're just dressing down today for RND. I'm wearing a spotty red dress though. Just had an e-mail that they're selling quiz sheets in reception with £20 for the winner... but surely everyone will just Google the answers so what's the point?!

Cinny91

shrimpy_80 wrote: »

I keep meaning to give Ramsey a read/listen on your recommendation, I need something to kickstart my money mojo as nothing seems to be working at the moment, although we're doing ok, I want to be doing better than that.

He has the Cinny stamp of approval! If you go on iTunes you can download the 40 minute - 1 hour long podcasts. He's infectious, and the people doing their debt free screams are equally motivating. He has a pretty awesome accent too.

My Sister will be in Huntington Beach, CA Just my luck she picks a part of America I don't have any interest in visiting if it wasn't for her I don't know if it'd be cheaper to get a stop over flight to Nashville, then go to CA then home. Or go to CA, Nashville, CA, Home? I don't know, it's not worth giving myself a headache over until we're the other side of our debt. While it'd be an amazing place to visit, seeing my Sister is more important. We could always call in! It'd put a big dent into our plans to save for a mortgage.. maybe we can visit when we're mortgage free?!

Your honeymoon sounds immense though, Shrimpy! As long as you have a flight home you'll be fine