We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The importance of a budget!
Willowpop
Posts: 856 Forumite
Hi all,
Just thought I would let you know a 'first' happened to me today.
I had a bit of a LBM 18months ago and have been slowly sorting my debts out and am no longer spending money that I don't have.
Instead I have envelopes (some literal, some bank accounts) for everything and I add a little every month.
I've always been 'OK'..managing to pay the minimum repayments on my debts, but since my LBM, I have organised my money so much better, and despite no increase in earnings, for the 1st time EVER I have just paid my car insurance in full at the start of the policy. No monthly payments and a premium for the privilege. I am really,really pleased with myself. i have never had the money spare before to do it, so it just shows that organising money better is really important and makes a massive difference. I guess the £300 I just spent would previously have been frittered away on nothing.
Added to that I haggled a cracking deal, I am all pleased with myself this evening!! :T:T
Thanks to everyone who gives advice on this forum, I've learned SO much!
Just thought I would let you know a 'first' happened to me today.
I had a bit of a LBM 18months ago and have been slowly sorting my debts out and am no longer spending money that I don't have.
Instead I have envelopes (some literal, some bank accounts) for everything and I add a little every month.
I've always been 'OK'..managing to pay the minimum repayments on my debts, but since my LBM, I have organised my money so much better, and despite no increase in earnings, for the 1st time EVER I have just paid my car insurance in full at the start of the policy. No monthly payments and a premium for the privilege. I am really,really pleased with myself. i have never had the money spare before to do it, so it just shows that organising money better is really important and makes a massive difference. I guess the £300 I just spent would previously have been frittered away on nothing.
Added to that I haggled a cracking deal, I am all pleased with myself this evening!! :T:T
Thanks to everyone who gives advice on this forum, I've learned SO much!
PAYDBX 2016 #55 100% paid! :j Officially bad debt free...don't count my mortgage.
Now to start saving...it's a whole new world!!
Now to start saving...it's a whole new world!!
0
Comments
-
that's awesome!!!! well done!!!! I really need to do that xWeightloss 2013 = 3lb/40lb
£2 savers club = £2
Weekly Grocery Challenge w/c 20/1 = £101.97/£30
Jan NSD = 2/10
0 -
Very well done indeed,
you should be proud of yourself
regards:j0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.1K Work, Benefits & Business
- 600.8K Mortgages, Homes & Bills
- 177.5K Life & Family
- 258.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards