Advice for a money MOT

FerociousDave

Hey all,

Would appreciate your thoughts if you have a second. This afternoon me and the missus have scheduled in a 'Money MOT' - neither of us is really looking forward to it as it might mean 'fessing up to a lot of unnecessary spending, but it has to be done!

I'm looking for any advice as to what would be useful to go through, so far:

• Debts:eek:
• Incomings / outgoings
• Budgeting
• Saving

I guess they're fairly broad categories but if anyone can see anything we've missed or if you've done the same and have found it useful / missed anything it would be good to know.

Cheers all
Jon (yes, the username is confusing)

the_cat

Hi

We do this every so often. It generally takes the form of what we would like to be doing (life wise)in a few years time eg kids, new house, trip around the world (i wish!) etc and then working out what would have to change with our finances in order to achieve it.

We found this concentrates both our minds re mindless spending much more because we can see a particular aim for being good with the money.
Also makes the conversation much more fun!!!!

lynzpower

Money making always features in our mot -chats.