My road to being a millionaire - I wish

red74

millionaire_in_training wrote: »

:rotfl: I need to do that too. I also need to recite the rhyme of 30 days has Sept etc when working out how many days in the month. You'd think by the age of 42 I would have learned this.

Well I'm 33 and still have to go through the whole rhyme - and even then I still doubt myself!

hypno06

Hi MIT - re the holiday, don't feel guilty, just don't do a "hang the expense" job! If they are talking about going next year, you have a very good amount of time to open a seperate account, or piggy bank, and set yourself a challenge. If you are not already doing so, join the olympic challenge or the change jar challenge and use this as your holiday fund.

Get the kids involved too - a couple of years ago we had a challenge once I had explained to the kids that everything has a cash value. So they learnt that if they made a birthday card for a friend, they had saved £1.50 by not buying a card from the local shop, so that £1.50 went into the pot.

By having me cut DD's hair (thankfully I made a good job of it) we saved a tenner, so that went into the pot.

The children really got involved in it and learnt valuable lessons about the value of money. As a result we managed to pay for a ski holiday the following year without going mad on the credit card!

stevesless

Hi MIT,

In agreement with all the above, i think hypno's idea of a saving challenge is good, especially with enough time to make a real impact. I also think you're right to enjoy as much time with your kids in this type of environment. It's true they grow up so fast. I know they will appreciate it, maybe not now but definately in the future. My father left before i was even born, and has never been back since, my Mother scrimped for a family holiday every year, at the time i was sick of going to Butlins while everyone else was going to Spain, but see now when i look back they were great times.

Oh one other thing, when you do go relax and enjoy!

red74

hypno06 wrote: »

So they learnt that if they made a birthday card for a friend, they had saved £1.50 by not buying a card from the local shop, so that £1.50 went into the pot.

Hmm, I had this thought a couple of years ago - now I can't move for card-making materials and I hate to think how much I've spent - probably considerably more than I would in my lifetime on cards LOL!

hypno06

red74 wrote: »

hypno06 wrote: »

So they learnt that if they made a birthday card for a friend, they had saved £1.50 by not buying a card from the local shop, so that £1.50 went into the pot.

Hmm, I had this thought a couple of years ago - now I can't move for card-making materials and I hate to think how much I've spent - probably considerably more than I would in my lifetime on cards LOL!

Thankfully my two are happy to recycle stuff from old cards so we don't get caught up in the craft making stuff. DD gets kits sometimes for her birthday which she utilises well. But I will bear your post in mind when she starts asking for more.....;)

red74

Very wise hypno because I can tell you it's a slippery slippery slope - one day it's just pritt stick and glitter and you tell yourself you can stop anytime you like, but before you know it you're onto craft punches, then it's downhill to meltingpots and sizzix machines...

millionaire_in_training

oooooo sizzix machines . What are they??

millionaire_in_training

Well that was a busy and tiring weekend but v enjoyable. Spent lots of time with friends and family. What can be better and only spent £43.78 all in . This included £10 for petrol and 2 nights out.

Today I had a fish tea courtesy of my mum. Yum yum. Kids found it a bit greasy TBH as they are unused to fast food now. Took pasta in for lunch and again yummy. Had to take my mum to hospital as she had jammed her finger in the car door yesterday and it was really really swollen. Thank goodness it is not broken. But meant I bought juice and sweets for the kids as it was dinner time when I came home from work and they were hungry and moany. Shouldn't have given in :mad: .
My daughter owed me £17 so I took her tonight to lift it and pay me back lol as I was skint until Thursday.
Cooking up a load of bolognese at the moment in the slow cooker. Will put it in tubs to cool overnight and freeze in the morning.
I'm going to go on the holiday if it comes about. Going to hammer my debts and double waht I am paying to the credit union. This means next year I can borrow from them again at a low rate. I think I will always use the credit union even when I am much better with my debt as they are so low with their interest. I am going to have debt for years so I might as well use the cheapest.

My O/D is costing me about £8 per month and I have a 0% offer available to me. It would cost me £30 to transfer it to that and then cancel overdraft. Bit of a no brainer really. Only thing stopping me is the fact that I dont really consider my overdraft as a debt ( daft I know) but I would have to pay the credit card again.

red74

millionaire_in_training wrote: »

oooooo sizzix machines . What are they??

I shouldn't really tell you in case you get hooked :rolleyes: but basically they will either cut or emboss shapes and letters out of card and paper and give you a much better finish than doing it by hand (although the purest in me classes them as cheating). I bet you're disappointed now, the name's far more exotic than the product!

millionaire_in_training

I looked at them red. Watching one on e-bay:o .
It's my DD that is craft mad. She would totally love this. Wants a nintendo DS for Christmas though so this is quite expensive as an extra.

Had a no spend day again today. Need to make more effort with my lunch though as I just grabbed crackers and cheese today and it wasn't very exciting.

Have updated my signature with all the moving about I have done and have cut the debts down in numbers if not by much money. Had 11 debts originally and have got it down to 6. Seems so much better. Going to double up my payment to credit union so that I can use them again next year if we go on holiday. I will never manage to save but if I pay off extra then it is the same difference really. Well it is in my head lol.

Nearly the end of the month. Woohoo!! I can't wait to pay off some more. Saddo!!