mumof3.12kindebt - mortgage free by 40!

mumof3.12kindebt

Hi everyone ,
I hope you are all well and life is being good to you.

We are still awaiting to hear back from the housing association regarding the bill from our old property.

I had a meeting at work today regarding reducing my hours. I have a plan and I think it will work better overall with my family.

Overall I should earn a minimum of £3200 more a year after tax and national insurance for working the same hours. But over the year it will feel like I'm at home more. As I will work more during term time and less in the school holidays.

Today was a no spend day
Yesterday I spent £3 In Tesco on milk and a cake
Sunday we spent £60 on fuel
£26 on soft play entrance
£40 in Tesco on shoes and clothes for me and the kids (I got some trainers for work as my other shoes were getting too uncomfortable , some school shoes for ds2 which scanned through at £5 , and some socks for all of them and some leggings and underwear for myself)

Was a costly day but we didn't buy anything we didnt need.

I have a day off tomorrow and have a few things I want to get done. I'm feeling really tired recently so tonight I'm going to chill in front of the sofa and then tomorrow I'll crack on with my diploma stuff. (oh reducing my hours will aparently mean I'll have longer to complete my diploma) .

The plan for october

~ book overtime
~ put £500 In the savings (current balance £3000)
~ make an extra overpayment to the mortgage
~ complete all diploma work on time
~ start the month with an empty to-do listed

And the star goal
Stay as frugal and as low spend as possible

Chrystal

That all sounds great. Well done you!

mumof3.12kindebt

Thankyou Chrystal :j

Good morning everyone , it's a bit wet here today.

I'm in a lot of pain today and very tired. I don't expect to get a lot done. I'll be spending the day relaxing. I think sometimes this is needed. It's like a social media post said that I saw not long ago. You wouldn't let your mobile phone battery go flat so why do we do it to our body.

Today will be a no spend day.

Kids have been taken to school , I picked up prescriptions on the way home . (No charge here for prescriptions) :j

I applied for the warm home discount the other day. (I have forgotten to apply for this the last 5 years )

Today I'll be having a relax. Getting some diploma work done. And just having a general clean and tidy. Tonight I'm going to take myself to bed early and tomorrow I'm going to give the whole house a good tidy and get better organisation in place. Now our home is so much bigger it's easy for it soon become disorganized and every room look like Chaos.

I had to transfer some money from savings during September hence why our savings have dropped to £3000 but I should be able to transfer some back.

I've also gone against my view on budgeting apps and downloaded one to help us stay on track from October. We need to do this as we have a holiday coming up and soon after will be ds2 birthday then Christmas and then ds1 birthday soon after Xmas . And £3000 is the lowest I'll be letting our savings drop.

I will try and pick up some overtime at work though this week if I have the energy so next month's pay and Novembers pay (overtime in October) has a bit of a boost . :money:

Have a good day everyone. Love hugs and positivity to you all

mumof3.12kindebt

My post disappeared.

I've done a budget . So here are our savings goals for the rest of the year

October
£250 Christmas
£50 help to save
£500 holiday
£500 emergency fund

November
£250 Christmas
£50 help to save
£1000 emergency fund

December
£250 birthdays 2020
£50 help to save
£1000 emergency fund

This is obviously providing I don't have my operation.

Have a good evening everyone xx

mumof3.12kindebt

once we hit £10k in our savings we will do some work on the house and try to make the biggest overpayments possible to the mortgage

We have continued with our current £33 overpayment each month at the moment

mumof3.12kindebt

Hello my beautiful diary friends,

I hope you are all well

I'm going to admit. I've felt really deflated this month regarding our finances.

I think it's because we have spent so much without realising it . (Some essential like fuel).

I was thinking back and it gave me alot to think about. We managed to get all the money saved for the house and cleared all that debt in such a short time. So what's gone wrong?

I know during June July and August we kind of lost ourselves. We had got to where we wanted .. debt free and homeowners and I think we just developed a more relaxed view on what we were spending.

This month (September) it's caught up with us and a massive drop in the savings was the hard hitter I think I/we needed.

So we have a budget set for October and it's a bit more realistic than our previous budgets.

I'm now starting to take on the views

"We don't buy things with money, we buy them with ours from our lives"

And also I've been thinking about it
If I died at 70 (example) I'd of spent over half my life (40 years) (4/7 of my life) paying my mortgage (with no overpayments). I could overpay and get it cleared within a 1/7 of my life. So why am I wasting so much money to just pay my mortgage for longer. And probably never have the money for life experiences I hope for (like traveling) because I chose to waste my money on food that ends up in the bin and cushions that have to be moved to sit on my sofa because they are so big !

I think today has given me clarity on why I started this third diary. Because I want to one day be able to enjoy my life without having to work all the hours under the sun to pay for it.

So with a kick up the backside .. which is very much needed.

So here goes

Reset , refocus , restart

mumof3.12kindebt

Hello my beautiful diary friends,

Had a good night sleep last night as kids had a sleepover at my grandmas . :beer:

Made a £200 overpayment to the mortgage yesterday.

£3000 in our savings.

Payday tomorrow :money: so I'll send some money to the savings.

Work all day today so will be a no spend day. :money:

I have my training day with the agency on Tuesday.

I need to do my diploma work this week. And I have a few things on my list to get done.

I phoned very they are transfering my balance (it's £300 positive) to my bank in the next 5-7 days do that will go to holiday spends or Christmas savings.

Nothing much else to report on. We are still waiting to hear from the housing association regarding the £3000 bill. And I haven't received a letter about my operation yet.

Have a great day everyone.

Love and hugs to you all

mumof3.12kindebt

£47.50 On petrol today.

No spend day yesterday and no other spends today.

Hugs love and positivity to you all

mumof3.12kindebt

Hello my beautiful diary friends,

Had work today.
No spend day too.
And I give blood for the second time this year.

Work again tomorrow. Might be another no spend day. Or I may need to get fuel. I'm not sure.

Not alot to update on.

Have a good evening everyone I hope you are all well .

mumof3.12kindebt

Hello my beautiful diary friends,

I hope you are all well.

Today has been a really good day.. I feel like I can breathe a sigh of relief and like a weight has been lifted off my shoulders.

Ds2 had his appointment with his new peadiatrician today she has done all the referrals we asked for. These referrals I've been begging for , for nearly 4 years in our old location. :j:j:j:j:j

I've also had my new hours approved at work. :j:j:j

And we took eldest to his high school open evening . I can't believe he starts High school in sept 2020 ! :eek:

I've put more fuel in the car £51
And brought some jars from Tesco for pasta and rice. (I'm going to be doing open shelving until we can afford to completely re-model the kitchen.) So I'll be getting different food storage and jars over the coming months.

Nothing else to report.

Hugs love positivity and prayers to you all