Mighty Titan Overdraft will crumble!

liltdiddylilt

Hello!!!

I do appreciate how doing the *grown up* thing, buying a house, considering insurances, wills... all of that does bring about a bit of an 'Oh my goodness, where did my childhood go!' moment.

I got insurance with my mortgage originally. It was the worst advice by a crooked salesman. So, heed what I have learned. If you are to get insurance, get separate cover. It may or may not cost pence extra that way, but you are both covered individually. If something were to happen to one, then the other of you (heaven forbid, touch wood etc) then you would only be covered once by your joint insurance. Having 2 separate covers means that should something happen to one of you, the other is still covered from the time when they were young and relatively healthy and able to obtain the cover cheaper.

Take note that smoking is a HUGE get out of jail free card for the insurance companies. It will add huge amounts to your premiums if you are a smoker, and if you are an ex smoker make sure to pinpoint with exacting accuracy the date you stopped. Lucky only got a partial payment for her mortgage when her husband had his life changing accident, because the date he stopped smoking was wrong by a week.

As for being an eejit... 2 months ago I forgot to do my money shuffle and lost £15 in interest because of it. No ringing up and asking for the benefit of the doubt there so you did way better than me, no harm done!!

Yay to having overflowing accounts!! Must feel amazing! I wish that I had anything like that coming to me in my life but it just isn't going to happen, so I must work to save my own and hope that compounding helps.

Good luck with the phone fix. Be warned that changing the screen often causes problems with the speakers. There are some little wires behind the screen, and the tension on them is just so. If you screw them in too tightly thinking they seem loose, you break a very tenuous link and usually it cannot be fixed even by an expert. Go carefully.

Mines speaker is broken on speakerphone only, the screen is coming out on one side and glowing, and the battery dies at the slightest bit of cold and won't turn back on again until plugged in. I just got a credit card with 0% to shove a new one on to. iPhone 6, 64gb.. £619. I got £21 cashback and am trying to find the rest of the money without hitting savings!! xx

hohum

Damn, didn't know that about joint insurance lilt!

Re smoking, unfortunately boyfriend is a smoker. I quit about...8 years ago. There's no way I'd be able to say to the week - although how on earth they'd prove my estimate was off I don't know!

In less of an idiot news, I FIXED MY SCREEN. I feel like a technical genius. Basically I was just following step by step instructions but it was pretty involved in that you have take out a load of components before you can tackle the screen. My top tips if anyone ever attempts it is to a) watch a few videos and then pick the one that makes most sense to you b) lay out a piece of a paper for all the teeny tiny screws, and label each screw set as you take them out! c) it's fiddly but you just have to keep calm.

In more of an idiot news, I had somehow invented that boyfriends Dad was giving us £4k more to house than he actually is? Which means that the house reno budget I had planned out needed £4k knocking off it. Why I'd managed to imagine that I HAVE NO IDEA. It's not a disaster in that we still have enough money to pay the deposit on the house, we'll just have to wait for some things. Fortunately we'll have enough to do the immediate work needed. Searches are back, no probs, now trying to get an exchange date. It would be really helpful if we can be in by the 3rd July...

liltdiddylilt

Yay for the searches being back!! but oops to the £4k. Maybe you dreamed it convincingly I do that all the time and then wake up and realise I didn't even put the lottery on let alone win it!!

WELL DONE on the phone fixing!! Saved a wee fortune there, you technical genius. Can I send you mine to sort out then?!

Hope your exchange goes to plan. In *off my diary* news, I have signed contracts and they are on their way back from my ex so hopefully our exchange will be in the next week or 2 and I will be FREE!!! But shhh, can't write that on my own diary till it's all clear! xxx

hohum

liltdiddylilt wrote: »

Yay for the searches being back!! but oops to the £4k. Maybe you dreamed it convincingly I do that all the time and then wake up and realise I didn't even put the lottery on let alone win it!!

WELL DONE on the phone fixing!! Saved a wee fortune there, you technical genius. Can I send you mine to sort out then?!

Hope your exchange goes to plan. In *off my diary* news, I have signed contracts and they are on their way back from my ex so hopefully our exchange will be in the next week or 2 and I will be FREE!!! But shhh, can't write that on my own diary till it's all clear! xxx

Oh man! Crossing everything for you.

I think I will restrict my tech genius to my own tech items...I was already a bit sweaty palmed with my own stuff

hohum

Ummmm sooooo

- we completed house purchase on 29th June! It went from blablabla trundling along to DONE in blink of an eye. So that somewhat negates this being a debt busting diary as we have just signed ourselves up to 20 years repaying £72000.

- I am going to let the dust settle on changing monthly expenses, but my plan is to overpay by £2k in the next two years, which will drop our LTV into the next bracket. The house needs loads of work, but also I still feel like we got a mega bargain. We will spend £10k in the next few years I am sure, which brings up our spend to what I reckon is market value.

- we just dropped the most I have ever spent in one day in Ikea buying a new bed. All budgeted for but with other purchases we spent approx £800 in a day :eek:

- actually having money to pay for house renovation is a weird situation. Compared to other house moves where I have done 'cheapest or free option', we actually have money to put towards all the mini expenses. I think I might be about to pay for cleaners for old house because I can't face the idea of cleaning two houses, and there is no point professionally cleaning new house as it needs so much doing to it. I am trying to let money sit with decor instead of throwing money at it. For example, we need new carpets but we also need plastering. Have prioritised plastering and we can wait on the flooring. But things like hiring cleaners - yes I know it's not very MSE but frankly, screw it

- santander just approved me for a credit card with a £3k credit limit. HAAAAAAAAA! We will be using YNAB way and only using for budgeted purchases, however I have to say with a 0% interest rate I might also be bringing forward a couple of purchases. Will certainly be using for next car insurance premium. Boyfriend says I have to keep custody of it.

Debt according to YNAB still sticking at £148. I am being silly as I have £1400 in 'deferred income' eg money set aside for when boyfriend has dip in income. Different to emergency fund which is 'leg has fallen off/ family emergency/ life happens' type fund. Thing is I think I am hanging on to this like a security blanket. I should just move it over and wipe off the debt. It's all academic because the debt only exists to myself. So I am effectively just kidding myself that we have £1400 in deferred. We have £1250 in deferred. Now I have written that out I can see it makes no sense to do it that way. I am off to go open up YNAB and wipe out that last little bit of debt...I suppose that makes us consumer debt free...._party_ Next...student loans? Mine are income linked and I have never yet troubled the repayment threshold. I could start chipping off the interest though..