Thirty something dreaming of not paying mortgage

kaycastle

That proper tickled me hahahaha @South_coast

kaycastle

I had a bit of a rough week.

Was overlooked for a position I've been doing already for a long time and been falsely promised, due to not wanting to put pressure on me...even though I do it already so actually recognising me for it would have made me less stressed. Without any discussion, it really does feel its because I'm going on maternity. They did this while insisting it would actually mean more opportunities for me. While insisting how important I am for the team and how talented. Rolls eyes. The saying fool me once shame on you, fool me twice shame on me came to mind.

Very frustrating, and not the first time I've been taken advantage of but the first time because I'm becoming a mum.

After much grumbling I've cheered up and taking it as an opportunity to only think of myself and family when it comes to decision making and most definitely look for other positions after maternity and definitely make sure I do part time. At least I know where I stand. 

My manager and I are trying to put forward a case and kick up a fuss about it but I don't know whether it will achieve anything in time.

It's all so disappointing and really damages my confidence.

powerspowers

Sorry to hear that KC, really not on if it’s because of your pregnancy!! These things are hard to prove though. Cynic advice here- make sure you keep notes of what happens when just in case you want to refer to them in future. 

Hope you have a nice weekend planned? 

kaycastle

Thank you @powerspowers
I shall note it down, it's so hard to prove which is so annoying. I'm glad to have support from manager and some friends there, must be horrible to feel completely on your own when these things happen.

My OH managed to find petrol at 5am this morning.

We just had sausage sandwiches for breakfast. We are doing a bit of sorting the house today and tomorrow inlaws are coming will be lovely to see them and they are bringing a moses basket they got from a friend which is super exciting.

What about you?

powerspowers

Glad you’ve got support 😊

I’m also have a sorting weekend!  Sausage sarnie sounds like a good plan 

South_coast

Sorry to hear about the work stuff 🙁 I had something similar happen in my old job (but because my boss had taken against me, rather than being pregnant). I raised a grievance about it, which put in train a chain of events that ultimately led to being made redundant at the first opportunity. Looking to leave is definitely the better option!

kaycastle

Thank you @powerspowers

Ah yes I remember how horrible they were to you @South_coast it's definitely their loss. I was even thinking about setting up my own freelance consultancy which would be exciting

kaycastle

I was a bit bored after doing some sorting in the house so decided to do one of these:

Statement of Affairs and Personal Balance Sheet

 

Household Information

Number of adults in household........... 2

Number of children in household......... 1 (very almost!)

Number of cars owned.................... 1

 

Monthly Income Details

Monthly income after tax................ 3,099

Partners monthly income after tax....... 0

Benefits................................ 0

Other income............................ 0

Total monthly income.................... 3,099

 

Monthly Expense Details

Mortgage................................ 856

Secured/HP loan repayments.............. 0

Rent.................................... 0

Management charge (leasehold property).. 0

Council tax............................. 167

Electricity & Gas............................. 61

Oil..................................... 0

Water rates............................. 21

Telephone (land line)................... 0

Mobile phone x2.......................... 40

TV Licence.............................. 0

Netflix...................... 7

Amazon Prime………6

Microsoft Office……. 6

Website hosting……4

Internet Services....................... 29

Groceries etc. ......................... 300 (Usually about £70 a week)

Clothing................................ 0

Petrol/diesel........................... 75

Road tax................................ 2

Car Insurance........................... 39

Car maintenance (including MOT)......... 8

Car parking............................. 0

Other travel............................ 0

Childcare/nursery....................... 0

Other child related expenses............ 0

Medical (prescriptions, dentist etc).... 0

Pet insurance/vet bills................. 0

Buildings & contents insurance..................... 8.17

Life assurance ......................... 0

Other insurance......................... 0

Presents (birthday, christmas etc)...... 28

Haircuts................................ 0

Entertainment........................... 0

Holiday................................. 0

Emergency fund.......................... 0

National trust……………… 10

Gym..................................... 0

Savings……………. 1000

Total monthly expenses.................. 2665

 

Assets

Cash.................................... 29000

House value (Gross)..................... 293000

Shares and bonds........................ 0

Car(s).................................. 6000

Other assets............................ 0

Total Assets............................ 328000

 

Secured & HP Debts

Description....................Debt......Monthly...APR

Mortgage...................... 183000...(856)......1.89

Total secured & HP debts...... 183000....-.........-  

 

Unsecured Debts

Description....................Debt......Monthly...APR

Bedroom furniture............314....104......0

Total unsecured debts.......... 314....104.......

 

Monthly Budget Summary

Total monthly income.................... 3,099

Expenses (including HP & secured debts). 2,665

Available for debt repayments........... 433

Monthly Unsecured debt repayments....... 104

Amount left after debt repayments....... 328

 

Personal Balance Sheet Summary

Total assets (things you own)........... 328,000

Total HP & Secured debt................. -183,000

Total Unsecured debt.................... -314

Net Assets.............................. 144,686

 

Thoughts:
- Quite aggressively saving right now, just for whatever might come in the next couple of years and for the inevitable loft conversion
- I know I haven't filled in a lot of things like haircuts, clothes, entertainment. That's because I don't deem these necessary and work on the principal that if I don't have the money in my account then I don't do those things. Plenty of ways to entertain for free, plus the national trust membership gives us a lot to do. I tend to use our fb marketplace earnings for random cake and things when we're out and about Got £60 this week on fb marketplace but that will probably slow down now
- Buffer in my account usually covers small unexpected things like dentist or vet and got quite a big savings pot . Usually buffer in my account is on an upwards trajectory. 
- It will be really nice when the furniture repayment ends in December. Its the only time I've ever done that and only because it was 0% interest and really really wanted a normal looking bedroom with matching furniture for the first time ever. But I've still not liked paying it each month.
- Groceries seems like something that could come down. I've worked really hard to stick to meal planning at the moment and the bill has definitely come down here and usually just a little under £300 each month now.

kaycastle

The car part we were waiting for finally arrived and the work was done. Cost us about £500 in the end which OH has used his account buffer for. Hopefully that's the end of car nonsense for now has MOT in a few weeks but it should be all good for that.

Was looking at house prices this morning as I sometimes wonder about moving to a 3 bed instead of bothering with building work and the prices are just ridiculous and the houses are so horrible. Makes no sense to move with all the expense and hassle. What a crazy world.

Have a few more items for baby arriving today. Doing really well on my list, not many things to get now.

powerspowers

kaycastle said:

Was looking at house prices this morning as I sometimes wonder about moving to a 3 bed instead of bothering with building work and the prices are just ridiculous and the houses are so horrible. Makes no sense to move with all the expense and hassle. What a crazy world. 

Ah we felt the opposite! Bought a four bed (3 bed semi + loft conversion) at a similar price to a less shabby 3bed. We looked at a few houses where we considered extensions/lofts etc but ultimately I’m glad we didn’t! But depends on your local market conditions  I suppose. 

Good look with the loft fund