It's time to start digging up those Squirrelled Nuts!!!!

Sea_Shell

jennystarpepper said:

Sea_Shell said:

Another trip done and dusted.   Was lovely, and we were really lucky with the weather.

Hunstanton, Norwich, Sheringham, Wells-next-the-sea, Kings Lynn, and back to Hunstanton.

With only outdoor dining allowed still, and some very heavy clouds brewing up from time to time, we mainly just had either bought sandwiches for lunch and then eat in food back at base.   With, of course, more seaside fish & chips!!!   (we don't actually live on F&C, we only tend to have them as a treat when we are away - especially when at the coast)

We smashed the spend from last time, at £70 this time!!!!    Woo-hoo.     And £19 of that was parking!!   We did a bit more touring round so we had multiple car parks to pay at, and we had a full day there on the Monday, rather than just travel straight to the accommodation Monday afternoon, so it really was a 4 days out trip, rather than a 3.  

As for other finances whilst we've been away....don't look!!!!!!   Eeek!!!!     Nah, that'll be OK in a week or so (hopes)

I'd like a picture of the F&C please, feel ages since I've had a nice bit if fresh Haddock.

Sorry, i don't usually take pictures of my food!! 😉.   You'll have to make do with Google images!!

Sea_Shell

We've sold our old, recently replaced, recliners on FB and covered our last holidays spends!     

Sea_Shell

The last of our regular saver accounts matured this week, so we're now down to just a core of 4 accounts, with enough cash to tide us over until September.

Joint Santander (main)

Joint TSB (spare)

A sole Club Lloyds (me)
and a Marcus (also me)

My spreadsheet is looking quite slimline now!! 😇

Stubod

..yes the only advantage of the !!!!!! interest rates is that my spreadsheet that used to have to track about 17 different accounts has also been significantly reduced! (Although I have just added an "Atom" account as this is currently a little better than Marcus).

SouthCoastBoy

I should but I can't be bothered moving money around for the odd 0.1 or 0.2% extra. So unfortunately apathy has meant I currently just leave them where they are.

MallyGirl

I have also pared down accounts significantly in the last couple of years - at least it will be easier for OH if I was to get run over

Sea_Shell

MallyGirl said:

I have also pared down accounts significantly in the last couple of years - at least it will be easier for OH if I was to get run over

I know what you mean.   I had some very complicated plate spinning going on at one point with about 25 odd accounts on the go.   I didn't break a single plate, but it made DHs head spin!!! 😁

We have now "sort our life out...simples" 😉

Alice_Holt

Sea_Shell said:

I have just had a bit of an "eek" moment!!!    As it stands our estate (on second death) would be due an IHT bill of £140,000.   

Including the house, we have a smidgen under £1m, in assets and no direct descendants, so we'd only have nil rates bands of £325,000 each, £650,000, leaving £350,000 taxable at 40%...

     Yes, my number is even higher (and I have just the single nil rate band) !!
     I really need to de-accumulate, but after decades of patiently building investments for the future - it's proving difficult to change tack.
 
      I've taken to reminding myself that a £100 purchase, is actually costing me just £60. 
      Using this 40% discount ploy has helped increase spend slightly.
      
 

german_keeper

Sea_Shell said:

I have just had a bit of an "eek" moment!!!    As it stands our estate (on second death) would be due an IHT bill of £140,000.   

Including the house, we have a smidgen under £1m, in assets and no direct descendants, so we'd only have nil rates bands of £325,000 each, £650,000, leaving £350,000 taxable at 40%.

So our beneficiaries will be stung with quite a bill (well it won't be us personally, as we won't be here!!).   I don't feel too bad though, as they would still get the thick end of £200,000 (after costs) to divvy up.   Hardly small change.

Reminds me of that old saying "Travel First class, because if you don't, your heirs will"

Right, next holiday, maybe we'll charter a private helicopter to take us there and around!!!!

Sorry, missed this when you posted. Is there not a property disregard of £175,000 apiece nowadays?
Ignore, just googled it and never knew it had to be direct descendants.

fred246

Remember DC pensions aren't part of your estate.