The Edcawber Principle

Suffolk_lass

Well done with that car repair. DH got his car repaired and MOT'd at the same time as DS's and they spent the day in the local town, hanging out in pubs judging by the receipts. He decided to treat DS to his annual service and MOT so the credit card was over £600 instead of £300. The handy by-product is that when I remind DS to book his in, both are now at the same time so hopefully DH will no longer forget and drive his with no MOT until he can't renew the tax! 

Hazelnutty

I like the idea of your walk. Rain is a favourite running weather for me - as long as you have the right gear on (and a coffee shop stop helps too!)

Debsnewbudget

Sorry to butt in SL, but would it not have been cheaper to buy him a diary 🤣🤣🤣🤣

Suffolk_lass

Debsnewbudget said:

Sorry to butt in SL, but would it not have been cheaper to buy him a diary 🤣🤣🤣🤣

You assume he would either know where it is or remember to look in it there. I have mine set up with DVLA and the reminders just pop into my inbox on email

edinburgher

Checking in

We're all healthy, I've even managed three trips to the gym since last week to gently ease myself back into weightlifting. I have the sneaking suspicion that I should make hay while the sun shines in that regard, as more severe lockdown would seem to be on the cards before Christmas!

We are in the middle of a remortgage to B@rclay's (1.89% for 3 years with no fees). The broker (L&C) are not wowing us and we plan to use a local broker next time. Still, 3 months to get it fixed, so fingers crossed. It will be a welcome change from our current 3.6% rate.

Pr3mium B0nds topped up, regular saver out, so we're now up to £856 in savings. The budget is groaning a little now and we've added a £50/month standing order for the new N@twest regular saver that has become available. Mrs E has cut back her pension contributions now that an IO mortgage isn't happening, so that will make a big difference to cashflow.

Savings seem to be in a bad way at the moment, what with the PB rate cut, the fact that T5B are no longer going to offer *any* interest from 2nd December. I'm taking some consolation that my estimation of extension costs has fallen (a parent of DD's friend is getting a similar but more straightforward version of what we want for £82k).

Hope everyone is healthy, wealthy and joyful?

edinburgher

Off on holiday until next Wednesday, it is our wedding anniversary and I paid £50 into PB

teapot2

Enjoy your time off and happy anniversary 🍾

Suffolk_lass

Good update Ed, 1.71% saving on your interest is great. I have been tracking the interest on our mortgage for years (not as a percentage, as an actual) so that even when I was not repaying much, I was offsetting the interest in some way through selling stuff, interest or dividends. Have a good break and Happy Anniversary!

beanielou

Happy holidays & happy anniversary too. 

edinburgher

Hi all - hope you're keeping well?

Not much to report here, but we have survived our first MOT on the new(ish) car, a mere £34 lighter for new wipers. I walked 12 miles on the day it went into the garage (Friday) and my legs still hurt!

Savings up to £956.01, things are a wee bit slow around here as I've had to pay £££ for household maintenance items (gardening, fixing a few breakages and getting ready for winter). Should manage £1,100 by the end of the month, but that's about it for now.

Mortgage offer received by ourselves and conveyancer, I believe there's some paperwork for the lender's solicitor and otherwise everything is done for our end of the year remortgage.