Journey to £0 by 2020, with a few bumps along the way

Iwantanewlife

Just caught up on your diary! What a journey, you are doing so well! Im sorry you are having a tough time getting your OH on board, however, you are doing the right thing not bailing him out now - he has to learn!

Your savings are so impressive!!!! I am going to take some tips from you as i really am not a natural saver, but would love to be.

Massive congrats on your pay rise x

chelseablue

Thank you

My New Years Resolution is to say NO whenever husband asks for money

He's signed up for a £50 a month gym membership now. I think he's mad but hey ho
Luckily its one of those that's not a 12 month contract he can cancel anytime

Iwantanewlife

£50 a month! Where does he think thats going to come from! Is he still drinking or has his NHS appointment helped?

chelseablue

Iwantanewlife wrote: »

£50 a month! Where does he think thats going to come from! Is he still drinking or has his NHS appointment helped?

He still drinks most days (last night he had 2 glasses of wine which is less than in the past), what's the point of going to the gym but also drinking and smoking?!

Iwantanewlife

Well that's exactly what i was thinking lol!

Maybe he is seeing this as a way to improve his health, which could suggest he knows how unhealthy hes being - completely counter active of course but you never know!

chelseablue

We’ve decided not to go abroad this year on holiday, will go next year instead.

That means I can send my bonus to the loan. Bit of shame that I can’t use it for something nice or save it but oh well

chelseablue

Husband asked me for money this morning, so he's obviously ran out.

He gets paid next Friday, 24th January

I said No I don't have any

He left for work in a right mood, and he's since tried calling me 3 times (I didn't answer as was dropping son to school then driving to work)

STRESSED!

enthusiasticsaver

It sounds like he can't afford a holiday this year anyway. I would ge5 rid of that loan ASAP anyway. No savings account will give you 2.9% interest and the sooner it goes the sooner you get that £187 to save towards a new car or whatever. Sorry you are being harassed for money by your husband. No advice there I am afraid but I hope he stops this pattern of behaviour soon.

chelseablue

My bonus will hopefully be around £1,600 after tax etc so if I send it straight to the loan I've worked out I could get it into the 5's by March if I send a bit extra:

Balance today: £8,252
After Feb £187: £8,065
After March £187: £7,878
Use £1,600 bonus: £6,278

So if I send an extra £279 the balance will be £5,999 :rotfl:

enthusiasticsaver

chelseablue wrote: »

My bonus will hopefully be around £1,600 after tax etc so if I send it straight to the loan I've worked out I could get it into the 5's by March if I send a bit extra:

Balance today: £8,252
After Feb £187: £8,065
After March £187: £7,878
Use £1,600 bonus: £6,278

So if I send an extra £279 the balance will be £5,999 :rotfl:

That would be fantastic. Really good use of a bonus if you are not using it for a holiday.