The Spreadsheet Diva's MF Diary

SueP19

That's ok hog away, remember lots of lurkers might find it helpful and non lurkers too

Do start your own diary I started mine before I started making payments.

Yes it is interesting and shocking how much interest you can save xx

Tilly Tidy is just removing your pennies off your bank account into another account or putting your change in a tin. So every day I take the spare pennies off my account to another account and it's even called Tilly Tidy fund after the lady who coined it.

SueP19

Total income................4020.84
bills...........................1357.78
food jan......................334.67
food feb......................206.26 food for next month
fuel............................119.00
misc............................38.00
house repairs..............395.88 not normal but planned
clothes.......................257.88 high I know but not had clothes in 18 mnths
car repairs..................352.15
lottery.........................70.00 includes ticket for next month
Total spends..............3766.87
Balance.....................1084.26

op mortgage..................200.00
emergency fund..............248.00
1% fund.........................34.23
car fund.........................50.00
clothes fund....................0.00
pet fund.........................20.00
yearly fund.....................25.00
holiday fund..................558.00
tilly tidy fund..................20.06
e cig/cig tin ..................435.25
Total ...................955.29
Balance left...................128.97

This is my budget for February, income won't be as high from now until August


Total income 2953.00

bills 1157.00
food 300.00
fuel 260.00
clothes 150.00
car repairs 150.00
lottery 32.00
Total expense 2049.00

Balance 904.00

op mortgage 200.00
emergency fund 248.00
1% fund 30.00
car fund 50.00
clothes fund 0.00
pet fund 20.00
yearly fund 25.00
holiday fund 300.00
tilly tidy fund 20.00
Total saves 893.00

Balance left 11.00

Net worth for the month
House (net) 40953.00 LTV 63%
Car 5000.00
Cig Tin 1710.00
TCB 36.99
Mr M vouchers 15.00
Mr M save stamps 3.00
Mr S points 3.63
savings acc 955.29
48676.91
Debts 11161.00

Net worth 37515.91


Ok first one and I see that I could have saved £653.76

Observations

Quite surprised how much more income we had recieved, if I had guessed I would have said more like the £3,300 mark.
Got to keep an eye on the clothes, we have not had new in so long but mustn't go over yearly budget.
Food, better at £334 for month when it was £440 before, will try to bring Feb in at £300.
House needs major repairs and I have stuff for one room and partial for 2 others, so not bad. Need to save for bigger decoration items though.
The benefits of having a car budget brought home to me.
Disappointed that I didn't reach my target on the op's but having to save £558 for holiday put a dint in that.
Pleased I seem to be able to get a lot chebang for my bucks.

Aims for February.....
Holiday spending and fuel saves £300
Car repair buys £150
House decor buys £75 (matching rug for front room )
TCB aim £70
Savings total aim £696 over and above holiday savings

:T:T

shangaijimmy

Great thorough planning!

SueP19

shangaijimmy wrote: »

Great thorough planning!

:wall::wall: the planning is the easy part, it's the sticking to it that is :eek::eek::eek::eek::eek:

Tilly_MFW_in_6_YRS

Hi, I've been catching up with your diary. You're going great guns. It's really interesting to read how people are tackling this journey. Mr T and I used to spend every penny that came in and more on top. Not a healthy way to live at all and I used to be extremely cross with our foolishness. Finding MSE completely changed our lives, not quite overnight as I had to get Mr T on board but certainly fairly quickly.

Forgive me for commenting on the monthly lottery spend - throwing that into a savings pot would mean a healthy amount by the end of the year

I'm off to make a cuppa and catch up with diaries.

Best wishes Tilly x x x

SueP19

Tilly_MFW_in_6_YRS wrote: »

Hi, I've been catching up with your diary. You're going great guns. It's really interesting to read how people are tackling this journey. Mr T and I used to spend every penny that came in and more on top. Not a healthy way to live at all and I used to be extremely cross with our foolishness. Finding MSE completely changed our lives, not quite overnight as I had to get Mr T on board but certainly fairly quickly.

Forgive me for commenting on the monthly lottery spend - throwing that into a savings pot would mean a healthy amount by the end of the year

I'm off to make a cuppa and catch up with diaries.

Best wishes Tilly x x x

I know I know on the lottery front, had same numbers since the beginning (OH not me your honour :D) That's how much it is now, one line on UK and one line on Euro twice a week................funny my mum said they stopped doing it at Christmas because they worked out that since C*melot started they must have spent £100's but hardly won anything, I daren't look

I found :money: first in May 2009, those days our mortgage was £600 a month, secure loan was £250 and credit cards £300 :eek::eek::eek: I not sure how I survived but I did and to be honest that pales compared to being short about £9k last year for DD course, it was relentless, I got so close to the edge I didn't just sniff it I kissed it :rotfl::rotfl:

BUT it taught me something that was so valuable and it had been right there all the time I just didn't see it.

If you have to then you can

I am currently on pg 11 of your diary :rotfl::rotfl::rotfl:

Karmacat

SueP19 wrote: »

If you have to then you can

Absolutely - there's loads there that if you *had* to up the overpayments, you could. Then its your choice about whether you want to or not

The thing you mentioned about thinking your income was almost a quarter less than it actually was, is really important - my guess is that you're going to gather momentum and have an absolute ball with all this :j:j:j

SueP19

The income was quite a surprise I suppose it was because it just disappears every month. I think analysing my expenses really helped (coals to Newcastle that one as it's my day job lolol)

SueP19

:mad::mad::mad::mad: That is for the Post Office

I moved to PO for telephone and broadband in Jan last year, I should have known leaving would be a nightmare as joining them was horrendous.

They cancelled the order to join them, left me without internet for 3 weeks and then, having offered me a stronger router they told me I was not eligible for one

Fast forward one year..........calls to find out when my contract expires, am I happy with the service, no I said, puts me on hold to find out contact end date, really puts me through to technical!!!! He having listened to me found out that I had signed a new contract in September this year :eek::eek::eek::eek: ER NO

Put me back to customer service, 10th March he says..................so I have a date, will I stay he says................................flippin eck NOOOO what with cashback, prepaid mastercard and M&S vouchers not on your life :rotfl::rotfl::rotfl::rotfl: What do you think I am stupid :rotfl::rotfl::rotfl::rotfl::rotfl::rotfl:

shangaijimmy

I've just switched to talk talk, and despite their bad ratings it as seemless. Didn't lose internet at all.