Hope is not an Effective Financial Strategy

greent

Ah yes - decision paralysis! I decided to open a s&s isa months before I could being myself to actually press the button  to do so - dithering about which fund/s to go with

Sounds a lovely - and ultimately productive - week, Jimmy:) 

shangaijimmy

Side issue. Payday today and the joy of money shuffling into a holding pot is so underwhelming 

Debsnewbudget

Well I have just read your entire diary over the last few weeks. What a journey, cannot believe dd is now 4. I kept wanting to shout to your future self not to worry about mortgage rates as they remain low, and I could have saved you some anxiety 😄
seriously, well done, you are an inspiration so keep up the good work. 

A_Frayed_Knot

Ah, yes pensions, where were you when I needed virtual help.  lol.  In the midst of it all, was all a bit late for me, and would be lying if I said I understood it all.  Doesn't help when workplace has about 3 different versions, however the one I was "stuck"  and still a bit "stuck" was a wee one.  "Stuck" meaning they have not yet paid out.

I have been freaking out over the last 6 weeks or so, lost value, then up, like a yoyo, all through no fault of my own, head hitting a brick wall.

Fantastic weather up here, and had reduced my hours to get away to the caravan during the week.  Ha, if only.

which brings me if you don't mind me asking, as I know you have a caravan as well, and pitch fees are not exactly cheap, you could say, was wondering how other parks are/if giving owners a rebate/reduced fees since we can't get using it.

Might be a bit of a cheek, but just wondering.

Enjoy the weather and your half day off.

greent

AFK - my mum has a caravan in N Devon and that site is not giving a reduction

longway2go

SJ, I can imagine it's not as much of a buzz when paying into the holding pot.... Just think about the lively lump sum you can make when this is all over. 

eastantrim4

Glad I found your thread again... Had been trying to find the Attacking the banks one for a while and have just realised that you've renamed it, doh...
  I use to post under Southantrim3 but I'm not quite sure what happened to that profile - ah well... Enjoying your thread as ever, keep going .

shangaijimmy

greent said:

Ah yes - decision paralysis! I decided to open a s&s isa months before I could being myself to actually press the button  to do so - dithering about which fund/s to go with

Sounds a lovely - and ultimately productive - week, Jimmy:) 

Trying my best to have some productivity. Running and dog walking are keep me sane! At least you got to the press button stage eventually, my mate has been dithering for over 12 months now!

A_Frayed_Knot said:

Ah, yes pensions, where were you when I needed virtual help.  lol.  In the midst of it all, was all a bit late for me, and would be lying if I said I understood it all.  Doesn't help when workplace has about 3 different versions, however the one I was "stuck"  and still a bit "stuck" was a wee one.  "Stuck" meaning they have not yet paid out.

I have been freaking out over the last 6 weeks or so, lost value, then up, like a yoyo, all through no fault of my own, head hitting a brick wall.

Fantastic weather up here, and had reduced my hours to get away to the caravan during the week.  Ha, if only.

which brings me if you don't mind me asking, as I know you have a caravan as well, and pitch fees are not exactly cheap, you could say, was wondering how other parks are/if giving owners a rebate/reduced fees since we can't get using it.

Might be a bit of a cheek, but just wondering.

I feel you workplace pensions pain! I can't say that I'm all knowing, and I have to admit I've a tad anxious in seeing the results of my meddling! Although I'm very confident I've done the correct things there's still that niggling doubt in the back of my mind...gnawing away...!

greent said:

AFK - my mum has a caravan in N Devon and that site is not giving a reduction

Same with out family caravan site.  The weather has been glorious and this may well be our best (and only) bit of summer!!

longway2go said:

SJ, I can imagine it's not as much of a buzz when paying into the holding pot.... Just think about the lively lump sum you can make when this is all over. 

...and I am clinging onto that thought!!!

eastantrim4 said:

Glad I found your thread again... Had been trying to find the Attacking the banks one for a while and have just realised that you've renamed it, doh...
  I use to post under Southantrim3 but I'm not quite sure what happened to that profile - ah well... Enjoying your thread as ever, keep going .

Apologies, it really was a hastily made decision when I realised the new system would allow it. I jumped in quick in case it was an error and something they would close!! Welcome back to my ramblings.

shangaijimmy

Debsnewbudget said:

Well I have just read your entire diary over the last few weeks. What a journey, cannot believe dd is now 4. I kept wanting to shout to your future self not to worry about mortgage rates as they remain low, and I could have saved you some anxiety 😄
seriously, well done, you are an inspiration so keep up the good work. 

I commend your efforts in reading the full thing! You're either a glutton for punishment or incredibly bored with this lockdown malarky!! Either way thank you very much for popping in and your lovely comments. It makes it all the more worthwhile to keep posting. I wouldn't say that I'm an inspirtation, instead I would describe myself as someone who has capitalised from pinching ideas, motivation and inspiration from everybody else on this site.

As for the mortgage rates there was always a motivation to get our balance, and so financial obligations to a more manageable level. I may never have posted as such but I was quite conscious of how Mrs SJ would be able to understand/manage/juggle our financial situation if the unthinkable happened and she had to take control. I wrestle with the thought now of how much extra I could have had invested or in my pension, but on reflection I'm much happier with a mortgage balance below £100k and we still have time to play with. Added to that Mrs SJ has a great pension scheme will allowed a focus eleswhere for a bit, and then to take a touch more risk on my side.

58 is target for me to have enough to retire, with house paid and 2 of the kids fully through Uni! I do keep winding Mrs SJ up that she will have to crack on another 3 years to me because of the age difference which she's not amused by...!

shangaijimmy

3 posts in less than half an hour...!

Finished the very last bit of fence painting today. 2 hrs worth of front of the fence that is behind all our bushes. Very fiddly as I have to stand in the middle of bushes, pull some shrubs out of the way to get behind them, reach over others to the tops...so in the end I always end up with my arms scratched and then my allergies to anything green kicks off and my arms look like they have measles!

Couple of leisurely dog walks, a spot of hoovering and what feels like a day long battle with a trying 4yr old! 

£5.09 TT pot was OP'd this morning so some mortgage headway at least.
Stay safe!