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Get a grip woman!

in Debt free diaries
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  • Suffolk_lassSuffolk_lass Forumite
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    Karmacat wrote: »
    Just catching up, SL, but my brain aches when looking at my *own* pension issues, let alone anybody else's. I *do* understand why you're looking at contingencies, though, and if you can face it, good luck to you - I'm sure that thats a profitable thing to do over the long term - though I do hate the sound of *having* to consult an IFA.

    Fingers crossed that the chancellor might waive this in the up-coming budget. IMHO - it's another "racket" making money out of people's finances.
    Save £12k in 2022 - #14 £9,500 £11,036.47 (116.17%) at end of October OS Grocery Challenge 2022 spent £2,696.48/£3,000 annual (not incl £500 contingency) - try to keep it really low for December so we don't break into the contingency 89.88% so still significantly over spent for this stage of this year. My Debt Free Diary Get a grip Woman
  • BobarellaBobarella Forumite
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    Savvy Shopper! I've been Money Tipped!
    I think it's a very complicated area of finance actually, but you sound like you have a good idea of where you want to be and that's half the battle.
    " Your vibe attracts your tribe":D

    Debt neutral :) 27/03/17 from £40k:eek: in the hole 2012.
    Roadkill 17 £56.58 2016-£62.28 2015- £84.20)
    RYSAW17 £1900 2016 £2,535.16 2015 £1027.20
  • Suffolk_lassSuffolk_lass Forumite
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    Feeling slightly as though I cannot influence anything at the moment - all my pots are topped up and there is less than £30 in the running costs account and just one more payment due to leave the expenses account (electricity dd).

    I need to keep the remaining pennies in the latter so that I can pay the buildings and contents premium that is due at the end of March. I am expecting £1200+ this year (non-standard build with a thatched roof, before anyone suggests a comparison site - they won't touch us with a barge pole, sadly). Following Boxofpaws example, I am trying to stay organised and pretty well up to date with my expenses claims. Hopefully these might arrive, in due course.

    That's it for now, back to using up my stash of frozen food to avoid buying anything until Saturday!
    Save £12k in 2022 - #14 £9,500 £11,036.47 (116.17%) at end of October OS Grocery Challenge 2022 spent £2,696.48/£3,000 annual (not incl £500 contingency) - try to keep it really low for December so we don't break into the contingency 89.88% so still significantly over spent for this stage of this year. My Debt Free Diary Get a grip Woman
  • Suffolk_lassSuffolk_lass Forumite
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    The debts I have currently are:

    £110,621 - Mortgage - interest rate of 0.74% (0.5 above the BoEBR)
    £3,476 - DH's car - 0% credit card until Sept 17 - a £4000 cash advance with a £76 fee
    £8,755.54 - Barclays Finance for double glazing 0% over 2 years 2/24 paid

    Total £122,852.54

    Time to update:

    £[STRIKE]110,621[/STRIKE] £106,500 (£4,121 paid so far) - Mortgage
    [STRIKE]£3,476[/STRIKE] £3,276 (£200)- DH's car
    [STRIKE]£8,755.54[/STRIKE] £8,357.56 (£397.98) - Barclays Finance for double glazing

    Total [STRIKE]£122,852.54[/STRIKE] £118,133.56 - that is £4,718.98 so far
    Save £12k in 2022 - #14 £9,500 £11,036.47 (116.17%) at end of October OS Grocery Challenge 2022 spent £2,696.48/£3,000 annual (not incl £500 contingency) - try to keep it really low for December so we don't break into the contingency 89.88% so still significantly over spent for this stage of this year. My Debt Free Diary Get a grip Woman
  • Suffolk_lassSuffolk_lass Forumite
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    Other things -

    Positive things:
    * I saved £970.81 this month
    * I lost a stone in weight
    * I found most of my missing greenhouse roof (perspex) after Doris swept through

    Less positive:
    * I was awake at 04.15 this morning so now I am shattered
    * I shopped for the lunch I am organising and I forgot some bits
    * At least one of the perspex sheets is broken and some of the aluminium frame is torn and twisted

    I am still trying to live on what I have in stores and I am amazed that two months in, I still have loads of stores!

    I'm going for a little lie down now so I don't end up nocturnal!
    Save £12k in 2022 - #14 £9,500 £11,036.47 (116.17%) at end of October OS Grocery Challenge 2022 spent £2,696.48/£3,000 annual (not incl £500 contingency) - try to keep it really low for December so we don't break into the contingency 89.88% so still significantly over spent for this stage of this year. My Debt Free Diary Get a grip Woman
  • BobarellaBobarella Forumite
    10.8K Posts
    Savvy Shopper! I've been Money Tipped!
    Great accomplishments!
    " Your vibe attracts your tribe":D

    Debt neutral :) 27/03/17 from £40k:eek: in the hole 2012.
    Roadkill 17 £56.58 2016-£62.28 2015- £84.20)
    RYSAW17 £1900 2016 £2,535.16 2015 £1027.20
  • Suffolk_lassSuffolk_lass Forumite
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    Thanks Bob. I must come clean and confess that the largest part of the mortgage pay down is due to a maturing £250/month regular saver account that matured. Rather than speculate with them (we had one each) we used one to pay off our last interest-bearing loan and the remains, plus the other one and all the interest, to pay £3200 off the mortgage.

    I received our annual mortgage statement this month and despite and interest rate of just 0.74% we still paid well over £1000 in interest in 2016, thanks to our mortgage total running the wrong side of £110,000 all year. It is shocking and a real lesson in paying off debts and loans.

    I even resent the £76 one-off fee for the 0% loan on £4000 from the credit card - 1.9% equivalent
    Save £12k in 2022 - #14 £9,500 £11,036.47 (116.17%) at end of October OS Grocery Challenge 2022 spent £2,696.48/£3,000 annual (not incl £500 contingency) - try to keep it really low for December so we don't break into the contingency 89.88% so still significantly over spent for this stage of this year. My Debt Free Diary Get a grip Woman
  • Good morning Suffolk Lass. Does you husband know about the debt?
  • Suffolk_lassSuffolk_lass Forumite
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    worriedDan wrote: »
    Good morning Suffolk Lass. Does you husband know about the debt?

    Yes he does. I manage our money but he is fully sighted on it.
    Save £12k in 2022 - #14 £9,500 £11,036.47 (116.17%) at end of October OS Grocery Challenge 2022 spent £2,696.48/£3,000 annual (not incl £500 contingency) - try to keep it really low for December so we don't break into the contingency 89.88% so still significantly over spent for this stage of this year. My Debt Free Diary Get a grip Woman
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