I want to stop drowning

debtaghh

Morning,

I am feeling very frugal today. I have set myself a £200 food budget until 20th August. I've just come back from friends and didn't spend as much as I anticipated. I've cancelled a few things I had planned, to save money. Where I make a saving e.g. if I spend less on food I'll put half towards extra debt payments and half towards savings.

I have already noticed things are creeping up, I received an email from PE , they always had a two course menu for £10.95 and now it's £11.95, muller corners were 10 for £3 and now 10 for £4. They have just lost my custom as I would only ever buy them as a treat when on offer but I can't afford it esp with the price increase.

pennywisepoundstupid

debtaghh wrote: »

Morning,


I have already noticed things are creeping up, I received an email from PE , they always had a two course menu for £10.95 and now it's £11.95, muller corners were 10 for £3 and now 10 for £4. They have just lost my custom as I would only ever buy them as a treat when on offer but I can't afford it esp with the price increase.

Muller corners are currently 12 for £3 in Tesco.

debtaghh

pennywisepoundstupid wrote: »

Muller corners are currently 12 for £3 in Tesco.

That's great, thank you!!

enthusiasticsaver

Do you ever shop in Lidls? They do a cheap version of the Muller corner yogurts and I am sure they are a lot less than £4 or even £3. Loads of stuff seems a lot cheaper in there then Tesco and even Asda. Aldis or Lidls or Farmfoods seem to be the cheapest.

debtaghh

I mainly shop on Aldi's but popped into Morrison's the other day and saw the yoghurts. I don't really buy yoghurts on a regular basis.

debtaghh

Morning,

I paid another £150 off the Nuba to get it under 4K. I've decided from now until next July whilst I have this lump sum any extra money will be divided in three :

50% debt
30% savings - for after the lump sum has gone
20% towards a holiday/extra good/ entertainment

This extra money will include any overtime, sales, gifted money etc

enthusiasticsaver

Great idea re splitting the extra income.

debtaghh

Morning,

It's so lovely to wake up to a bit of breeze. We ended up with thunderstorms yesterday and the whole area losing power including mobiles.

I'm feeling a lot more positive with my plan for debt busting. My aim was always to get cc debt under 40 k by the new year and that's still my aim. I've said this before but then don't stick to it but I will from now on. I'm going to set myself short term goals rather than long term goals. Obviously my long term goal is to be debt free as quick as possible but that seems like a very difficult task. Where as saying I would like to clear just over 6k in five months feels more achievable especially with the amount we pay every month. It will mean over paying quite a bit but I want to do this. It would be such an achievement ( mad isn't it, 40k of cc debt as an achievement :rotfl: )
After that target I will think about quarterly targets.

Have a lovely day.

MrsSave

It's great to see you feeling so much more positive. It's definitely good to have smaller goals, little steps make things feel so much more achievable.

enthusiasticsaver

I think short term targets are the way to go for you. I would start with monthly targets for debt reduction so your usual payments plus a certain amount in overpayments and take it month by month. Looking too far ahead can be discouraging. Maybe also set challenges to stay within grocery spends budget or only spend so much on entertainment per week.