I wanna be debt free! (with SOA)

Tixy

Have you tried persuading the cat to sit on your head or feet? helps me warm up without a hat indoors (and no I don't look ridiculous with a cat on my head! )

In terms of your water bill, if you can get a meter then this is the way to go, and should halve your bill. If it did work out more expensive you are allowed to switch back to the unmeasured rate (although the meter stays in).
Some flays cannot have a meter in which case they should do an assessed charge to reflect that you will likely be using less than a family of 4 would in your property.

I would do a snowball calculator first before you start cutting out on some of the luxuries like lovefilm (that is assuming you use it regularly). Once you know how long it will take based on current expenditure you can then better decide if you are happy with that or happy to make some cutbacks to get debt free sooner.

jackieblack

japmis wrote: »

I don't think there is any value in my house....? Unless I include the 10% deposit I put down?

I wasn't sure where to add the overdraft then forgot about it....will do it tonight.

I'm really really bad at keeping to budget because there's always emergency stuff that crops up which catches me out because I have absolutely no buffer saved. Maybe I should keep my 13th pay day as an emergency fund and not pay off a slug of the CC?

I think you're confusing value with equity.
Value is roughly what you could sell it for.

If there was no value in your home you wouldn't have been able to secure a mortgage against it! ( You can't have one without the other )

You need to work out what the emergency stuff is that crops and either budget for it or build up an emergency fund.

samtoby

If you meal plan you could reduce your grocery bill. I feed three for the amount you have listed.

bess1234_2

Please check value before paying for bank account. We pay £30 and cashback for breakdown and £10 travel insurance a year. That's a lot cheaper than a bank.

Our three bank accounts pay us more than that. Swapping bonus on one, reward on another, and interest and cashback on third.

What's a pivot table? Sounds good .

thecassman86

bess1234 wrote: »

What's a pivot table? Sounds good .

A Pivot Table is a Data Visualisation tool that comes in Excel. You create a standard spreadsheet as you usually would which includes all of your monthly incomings and outgoings, then, the Pivot Table tool allows you to dynamically display that information in any way you could possibly want - it automatically sorts, totals, subtotals, averages, forecasts and organises the data - meaning you can find out anything you need to. They are notoriously difficult to get your head around but once you do they're incredibly useful.

I'd definitely recommend finding a step-by-step "teach yourself pivot tables" style tutorial on the internet because it makes money management so much easier once mastered

Kei

The nerd in me loves the sound of that! Off to google pivot table tutorials!!.............