Getting it together...one £ at a time!

[Deleted User]

Well done you, that really is excellent progress. I can't wait to get over the halfway mark (one day), it must be such a good feeling knowing you're closer to the end than you are to the start if you know what I mean. You're "over the hump", so to speak.

Great news on the payrise. £80 doesn't sound like much, but it's £960 a year so really quite a lot!

I am the same with regards to procrastenating and overthinking, it's hard to overcome!

Homegrown0

Moguline wrote: »

Well done you, that really is excellent progress. I can't wait to get over the halfway mark (one day), it must be such a good feeling knowing you're closer to the end than you are to the start if you know what I mean. You're "over the hump", so to speak.

Great news on the payrise. £80 doesn't sound like much, but it's £960 a year so really quite a lot!

I am the same with regards to procrastenating and overthinking, it's hard to overcome!

It is hard to overcome, isn't it? On the one hand I think 'i deserve some time to myself to chill' then i feel harrassed trying to catch up wiht myself. You'd think I would learn!

Thanks for the reality check on the annual pay rise figure - it does look pretty decent when you look at it like that!

It is fantastic getting over the 50% mark and i'm sure you'll be there before you know it. There does still seem like a long way to go, but it's nice to know that the hard work is paying off and we're getting there.

Next month we'll be into the 9ks which I'm super excited about and i'm just so much looking forward to getting rid of the loan. I feel there's always something to strive for, isn't there? Keeps us motivated i suppose.

doingitanyway

Good to see you back

Sometimes a complete break is what is needed. Glad you were able to switch off completely.

That is an impressive update! Your Christmas Saver is looking healthy too...

You are right we need something to strive for

Homegrown0

Thanks for stopping by DIA - i'll need to make some time to properly catch up on the diaries that I regularly read, including yours. Hope you're well?

Childcare update:
When picking up my youngest son from nursery, i received a letter clarifying the increase in funded hours and although I knew this was coming, it was only speculation as to what difference it would make until now. The good news is:

1. Our bill is coming down from £600 per month to £475 per month :j

2. This decrease is starting from our 1st August bill, not the 1st September bill, like I thought! :j

Delighted about that and now off to input this into my spreadsheet and see what that does to the numbers.

doingitanyway

I wouldn't rush to my diary. It is same old same old over there

Great news about the nursery bill. Add that to your pay increase and you have quite a little extra sum

monz

Omg not long for loan. How much better off will you be once that is paid off xx

ohdearhowdidthathappen

How lovely that things are going so well, that reduction in childcare plus the increase in pay is £205, that will really help make a dent
With the loan finishing in the new year, you must be on track to be debt free by the end of 2020? :beer:

teafor2

Hi HG Lovely to see a post from you. I've missed your figures and percentages

Just to echo what others have said that the combination of your wage rise and reduction in childcare mounts up to a nice sum over the year. More money in and less money out is always a good things. :T

Have a lovely day. xx

Homegrown0

monz wrote: »

Omg not long for loan. How much better off will you be once that is paid off xx

Massively better off! £500 per month in my pocket once the loan isfinishedandanother £400 per month once junior goes to school next year (taking into account after school clubs etc).

Although, we'll be taking on more debt early 2020 for our extension but I see this as positive, affordable and considered debt that will add value to our home

ohshithowdidthathappen wrote: »

How lovely that things are going so well, that reduction in childcare plus the increase in pay is £205, that will really help make a dent
With the loan finishing in the new year, you must be on track to be debt free by the end of 2020? :beer:

Yes, it does make quite the difference! Our bills increased by over £100 in April so it's nice to have that covered and have some extra in the pot. Not to be sniffed at!

As i mentioned to Monz above, we're trying to clear the decks so that we can move forward with our renovation/ extension plans. So although we will be debt free in 2020, we'll just be going back into debt for this. But as i mentioned, positive, affordable and considered debt that will add value to our home.

teafor2 wrote: »

Hi HG Lovely to see a post from you. I've missed your figures and percentages

Just to echo what others have said that the combination of your wage rise and reduction in childcare mounts up to a nice sum over the year. More money in and less money out is always a good things. :T

Have a lovely day. xx

Thanks for the lovely words Tea, I've missed the little community in here too! Must stop by your diary and catch up too.

teafor2

Don't waste your time HG. Just read the last post and you'll be up to date. Same old same old - pots, surveys and a bit of Christmas prepping thrown in The excitement is too much to bear at times :rotfl: xx