Where am I going wrong?

EitherWalnut

Thanks for the advice.

I did a snowball calculator and I think route I'm going to take is:
- Final IKANO payment this week,
- then next month take the £300 from it and add a bit extra so I can clear the loan from Mum,
- after that I have at least £400 a month to put towards emergency fund and CCs.

Once I'm DF, I'd love to start working towards MF - in theory, (if I lived like a pauper) I could have it paid off in less than ten years! :eek:

Spending diary has been interesting. My food costs were about right, but I hadn't accounted for other consumables like toiletries, bin bags etc. I also seem to buy a lot of alcohol... but that's a whole other kettle of fish!:beer:

Budgeting for monthly bills when when I get paid weekly also needs a bit of work!

suki1964

nicmalauren wrote: »

Thanks for the advice.

I did a snowball calculator and I think route I'm going to take is:
- Final IKANO payment this week,
- then next month take the £300 from it and add a bit extra so I can clear the loan from Mum,
- after that I have at least £400 a month to put towards emergency fund and CCs.

Once I'm DF, I'd love to start working towards MF - in theory, (if I lived like a pauper) I could have it paid off in less than ten years! :eek:

Spending diary has been interesting. My food costs were about right, but I hadn't accounted for other consumables like toiletries, bin bags etc. I also seem to buy a lot of alcohol... but that's a whole other kettle of fish!:beer:

Budgeting for monthly bills when when I get paid weekly also needs a bit of work!

Oh the alcohol does add up, very quickly and to a big chunk of expenditure

I just quit drinking again, this time DH has come along for the ride, well he promised to do dry January at least . Anyways our booze habit was a few in the pub after work, a lot more the weekends. So, come Saturday he says lets go down, but I'll drink Coke, so down we go and the pub owner is showing off her new 70k car. He's like how can she afford that, and I retorted, you have paid for it :rotfl:

He has finally sat down and totalled up how much he spends in a month on booze :eek:

So now he says, that's it, Saturday's only if then, and he's just treated himself to a classic car with his projected savings :rotfl:

My savings are for my Australia fund

It really is worth keeping track of the spends. I knocked smoking on the head last year so I could start my Australia fund. I only work pt on NMW , but I don't want to miss out on the big stuff either