The Ultimate Incentive muddles along

savingmore

welcome back....nearly deleted yr thread from my subscribed list as thought you wouldn’t be back....gosh you have been productive !  so sorry about NIM that must have been painful and scary.   do hope you will keep posting....

ruby_eskimo

Lovely to see you back!  Sorry to hear about NIM's accident but glad to hear he's on the mend, the kids are doing well and the business has really taken off!  Paying off the mortgage is a huge achievement and one you should be proud of.  

I finally managed to extricate myself from the toxic environment I was working in a year ago and have moved into a more training / coaching role which is a bit of a change for me but gets me thinking more creatively.  It's really helped with my mental health which was completely shot to pieces last year and I'm firmly in "recovery" mode now.  Covid allowed me to also reduce my outgoings, saving £550 a month on a season ticket and it looks like I'll be working from home with only one day a fortnight in the office when things go back to "normal" (unless I get redeployed back to A&E again...that was a fun 3 months).  Plodding on with building savings and trying to make regular overpayments to the mortgage but think it will definitely take longer than 10 years for us to pay ours off   I keep thinking about ways to make passive income but haven't managed to bite the bullet yet and actually put plans into action so will be keen to see what new plans you have up your sleeves.  

Dinah93

Totals updated, still £17, 371 to pay off (maybe 6 months was a little optimistic!) and 79.26% paid off from our highest debt. 

clearmydebts

Dinah93 said:

Totals updated, still £17, 371 to pay off (maybe 6 months was a little optimistic!) and 79.26% paid off from our highest debt. 

Considering you have your mortgage paid off that is not a shabby figure at all!!! 

clearmydebts

Dinah93 said:

Is your OH working close to home still CMD? No more commutes involving a plane? 

NIM is similar Wendz, we were spending £550 a month on fuel for his car to get to work, not a wild, extravagant car either, a diesel Ford Focus, but it was just a long commute. A year of working from home has been a huge help. We sold the car in June when it became apparent we weren't going to need it for a while, we still have my truck through work, which is a beast and there is no way he could use it to commute daily without putting us into bankruptcy, but we're hoping his office stays closed a bit longer (he's worked throughout, just from home) to get the debt paid off before we have to buy another car. 

I do have a tendency to ramble don't I! I've noticed it when I need to send newsletters etc too through work, I can't do short and sweet, I feel the need to include all possible information, which probably just stops people reading! 

Yes OH moved back in Dec 2012. No long commutes and is WFH at the moment too. He said when/if things return to normal he will go to the office 3 days and WFH 2 days. He would like the balance 

Dinah93

I've spent the last week refunding everyone who was booked in with us in November and December, now I only have 5 people who haven't let me know if they want a refund or transfer to January. So while shutting work down sucks, and that's putting it politely, at least I know I have at least 3 weeks now to only focus on other income earners. 

So my plan for today, get one more design done for Merch by Amazon (I'm currently only on the starting tier, so can do one upload a day), do 10 vine reviews (yep, still getting free stuff so long as I review it but I'm very behind), edit and upload the mini flow to the online yoga channel, and update my ebook cover with the better one I've recently done. I have a zoom meeting this evening with some people I went on a business course with earlier in the year, it's always great to catch up with them but I'm a bit frustrated as where I wanted to be by this meeting has fallen through due to the second lockdown. I'll rant a bit more I'm sure as it's driving me mad that I can't plan or grow at all without having any  criteria in place for when we lockdown, open up etc. 

wendz86

I am planning to do 2 days in and 2 days at home when we go back to the office properly . 
Hope you get everything done you need to get done Dinah. Must be frustrating not being able to plan. I know I'm finding it tough enough with work stuff and it obviously doesn't affect me as much directly.

Dinah93

clearmydebts said:

Dinah93 said:

Totals updated, still £17, 371 to pay off (maybe 6 months was a little optimistic!) and 79.26% paid off from our highest debt. 

Considering you have your mortgage paid off that is not a shabby figure at all!!! 

Is it ridicuous that I forgot about that part and just focused on the fact we still have £17k owing? But that's a thought. In £17k we won't owe anything to anyone. Wow. 

Dinah93

clearmydebts said:

Yes OH moved back in Dec 2012. No long commutes and is WFH at the moment too. He said when/if things return to normal he will go to the office 3 days and WFH 2 days. He would like the balance 

NIM is similar, he hopes to be able to work from home 3 days a week in the future, but the office entirely is currently closed, only the security team there, my hope is we can get to the end of everything paid off and then save up some emergency savings/new car fund before he has to go back, the car we sold was 12 years old, but we got it when it was 4 years old, I'd like to get something 2 or 3 years old rather than a decade as it's replacement. There is definitely a temptation to get something for me though, he loves the truck which is currently 'mine' and I hate it, but it's a gas guzzling beast that really isn't made for commuting. 

roomontheend

Oh have lovely to open my emails today to see that you have up dated your thread.  I was only on here last week having a look around and contemplating my next move.  I would really like to help others get debt free and save them some time and some of the pit falls I went through.  So I have paid over £54k and I am finally debt free, woohoo.  I was thinking of starting a diary which I never did when I had the debt but I might be able to support others. Either that or volunteer at CAB.  I have left teaching and in a new full time job but still not as full time as I was when teaching IYSWIM.  

My DD has had to move back in with us as her husband works nights and she has started having fits so she can’t be left alone with the children.  Those of you from the old days will remember my LPP (little pink person) coming along, well she started senior school this year.  Awful news about NIM it must have been so frightening for you all. Glad to hear he is on the mend.