I Don't Need Any More Stuff (AGAIN!)

getmore4less

Having a proper budget(that is maintained) is essential.

Minimum of 1 year planned ahead in detail with longer outlined to highlight any need to start putting money away.

ANY spending not on the plan needs the plan updating the money has to come from somewhere to keep it balanced*



Business stuff should be completely separated from the personal budget and managed independently.

If you struggle to maintain the plan get MSMOney the best tool for the job and can do both the personal and business tracking.

Once set up the management overhead is quite low as long as you do it regularly.


*This is probably the biggest contributor to people getting into debt, they just don't know where their money is going so can't make any adjustments

MasterG83

Skinnylatte wrote: »

Ooooh, I just realised I should have put this on the debt free diary board - doh.
Anyway no spend day for me today. My Youtube channel has been accepted for monetisation again after being demonetised, so that's a little passive income. 96p yesterday!
New insurance policy purchased for property no 2 (holiday let), via TCB, so should be some cash back there.
I've been driving lots of miles this week, so the milage claim that'll go in Saturday should be decent.
Not much else to report, working hard and living sober!

What do you do on You Tube ? interested to know more.

Skinnylatte

Andyjflet wrote: »

What do you do on You Tube ? interested to know more.

Hi, I have some video greeting cards. I started it in 2011 and it happened by accident really, I didn't even know you could make money from YT at the time. Anyhow for many years I made good money, then it became harder and harder, and in the the last years, my channel has been demonetised 3 times for duplicate or unoriginal content. I've ended up deleting 90% of the videos. Since it got back up and running last week it's flying now £114 in six days :T
YT is a very unreliable source of income though, move the goal posts and demonetise all the time, I'm not holding my breath that it'll last.
I also upload cards onto a site called 123greetings, that returns about £80 a month.

Skinnylatte

getmore4less wrote: »

Having a proper budget(that is maintained) is essential.

Minimum of 1 year planned ahead in detail with longer outlined to highlight any need to start putting money away.

ANY spending not on the plan needs the plan updating the money has to come from somewhere to keep it balanced*



Business stuff should be completely separated from the personal budget and managed independently.

If you struggle to maintain the plan get MSMOney the best tool for the job and can do both the personal and business tracking.

Once set up the management overhead is quite low as long as you do it regularly.


*This is probably the biggest contributor to people getting into debt, they just don't know where their money is going so can't make any adjustments

Hi, thank you for your post. The business stuff is managed properly, I have separate accounts and a good accountant.

I'm also really good at doing a a budget. What I fail in is keeping it updated, I'm rubbish at that. What did really work for me before is having lots of virtual savings pots and budgeting that way, I need to get back to that.

Skinnylatte

So not a bad weekend at all. Spent £26 in Aldini, and cooked for the kids Sat & Sun, we had a nice family meal, around my brand newly delivered table, which was the last of my unplanned and frivolous purchases that went on the card. At least its getting good use and wasn't a purchase that is hanging in the wardrobe with the labels still on!
Expenses and 123greetings income received today so another £670 paid straight off the CC.
I'm feeling very focussed on all this at the moment, I've been bypassing shops that I would normally 'pop in for a look', and end up with something I didn't need or ultimately want. I've been online shopping, but left things in my cart and signed off. Which seems to be nearly as satisfying as actually buying the stuff anyway!!
I've set up a spread sheet for Christmas pressies, I have a box of stuff under the bed where I squirrel away stuff, so I'm going to go through that this week and see what can be reused and regifted before I buy anything new.
It's exactly a year since my relationship ended, so the last few days have been a bit difficult, mood has been low. But I've got some lovely friends around me, so I'll keep talking and moving forward.
This week I've got 3 nights in hotels, back Thursday night. The work load has been really heavy the recently, which is good as it doesn't give me much time to spend money and I make money in milage claims (£150 last week, and should be around £70 this week). However it's now easing off a bit, and I get 3 weeks off at Christmas, so looking forward to that, and planning to do NOTHING MUCH AT ALL!
That's it for now, and oh I'm completely ignoring black Friday!

tealady

Skinny latte, if it is any help I once got chatting to someone who was self employed and, like you, was a bit behind with keeping their books up to date.
Then they had the idea of a "treat night".
On the same day each week they would update their books, then once finished have their treat.
Treat could be chocolate long hot bath, a take away, anything really.
That way their books were never more than a week behind.
HTH

dirtycredit

Hiya Skinny, hope you had a great Christmas and new year and you enjoyed your 3 weeks off!

DC x