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Moving forward and upwards

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  • savingwannabe
    savingwannabe Posts: 16,619 Forumite
    Part of the Furniture 10,000 Posts
    All these things sound lovely! Woop woop. So nice to be able to plan them. Enjoy ice creams and bbq. Enjoy the lovely weather. 

    Aiming for a minimal spend 2022
  • jennystarpepper
    jennystarpepper Posts: 799 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    edited 18 July 2021 at 2:09AM
    It was easier for me to do it as I would only have had to redo everything he did!

    The visit went well and the pie was appreciated; chicken and ham.

    MIL offered to buy us a new car 😯 said whenever ours becomes too expensive to keep going just ask her and she'll send the money. She wants the money to get used while she's around.
    - based on something else she handed to TomBo (gift from his late father to be given when she felt appropriate) it seems like she feels he is now a responsible adult.

    I'm getting quite emotional writing this and can't see my screen. Overwhelming generosity is something I've never experienced until today.
    Sorry if I don't comment on your posts.  

    But wanted to say how happy I am for you both and how nice it is to have family such as your MIL, not for the money but for the hugs which are given for free and have meaning.

    I must admit I filled up a bit when reading your last sentance. X
    MFW - 01.10.21 £63761   01.10.22 £50962   01.10.23 £39979   01.10.24 £27815. 01.01.25. £17538
    01.03.25 £14794.    01.04.25 £12888
    01.05.25. £11805. 12.05.25  £9997   05.06.25  £8898. 
     01.07.25. £7975  01.08.25 £6968

  • Skint_yet_Again
    Skint_yet_Again Posts: 8,450 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Mortgage-free Glee!
    Hope you had a lovely restful day. It’s great that you are feeling so welcome and part of the family. I’m sure aunt & uncle will appreciate the garden produce. 
    0% credit card £1360 & 0% Car Loan £7500 ~ paid in full JAN 2020 = NOW DEBT FREE 🤗
    House sale OCT 2022 = NOW MORTGAGE FREE 🤗
    House purchase completed FEB 2023 🥳🍾 Left work. 🤗

    Retired at 55 & now living off the equity £10k a year (until pensions start at 60 & 67).

    Previous Savings diary https://forums.moneysavingexpert.com/discussion/5597938/get-a-grip/p1

    Living off savings diary
    https://forums.moneysavingexpert.com/discussion/6429003/escape-to-the-country-living-off-savings/p1
  • doingitanyway
    doingitanyway Posts: 10,005 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Mortgage-free Glee!
    All sounding good. You did not name the ice cream flavour you ate in the shop? :)
    If you have built castles in the air, your work should not be lost; that is where they should be. Now put the foundations under them

    Emergency fund 100/1000
    Buffer fund 0/100
    Debt Free (again) 25/072025
  • MovingForwards
    MovingForwards Posts: 17,149 Forumite
    10,000 Posts Seventh Anniversary Name Dropper Photogenic
    Thanks Skinty and DIA
    It was raspberry ripple 😃

    I'm having such a dilemma over this car situation.  I know I should replace mine, but it doesn't feel right having money from MIL when I will be using it for work all the time. 

    I also can't get my head round having a brand new car due to the depreciation element although the scrappage scheme could be used and knock £2k off. I just think about how many cars we could buy over the years for the price of one brand new one!

    Buying another runabout for a bit more than I normally would opens up a lot of cars, but TomBo isn't enthusiastic about traveling 25m radius to see various cars and hope I find the right one quickly. Yet I can't go alone due to needing a car to get to them, then bringing both back. I know there's the option of delivery, but I wouldn't trust it as I want the car in the condition I saw it.

    I've done loads of searches to see what's about for the price I would go up to. I could buy one on my CC (the companies accept CC payments), then do the instalment deal my bank offers. The interest is a lot lower than my already low rate and there's no way any finance deal could beat it. 
    - I would pay it off by the end of this year as I've reworked my monthly budgets.

    I'm under a deadline to decide as I'm potentially back in the office in 7 weeks and have about 3 months MOT left.
    Mortgage started 2020, aiming to clear 31/12/2029.
  • savingwannabe
    savingwannabe Posts: 16,619 Forumite
    Part of the Furniture 10,000 Posts
    You will need to take Tombo so he likes the car too offer him a bribe, more icecream. I hope you can get a newer car what a stress reliever that will be. 
    Aiming for a minimal spend 2022
  • MovingForwards
    MovingForwards Posts: 17,149 Forumite
    10,000 Posts Seventh Anniversary Name Dropper Photogenic
    Thanks SW

    I'm not actually stressed about my current car, just annoyed that TomBo has managed to wreck it.

    He never liked the car until he drove it. As he isn't into cars it's down to me to find what I like.
    - I am stressed that I could spend more than my last 4 cars and he trashes it.

    TomBo is kind of understanding where I'm coming from but still trying to push me towards a brand new car, with a bit of money from MIL and I finance the rest 😯🙈😯 that I'm really not happy with especially as I've a sub-prime mortgage, frantically trying to clear it and hopefully will be remortgaging within about a year to make it easier to pay down. 
    - I'm not sure where he thinks I can find money each month and save for tax, insurance, tyres etc.

    Okay, yes I could afford it but at the detriment of savings or mortgage overpayments, then the resulting stress of being in debt again.
    - Don't get me wrong, if I had the money in the bank and a garage I'd have a very tasty car, but it's definitely not a commuting type car I'd have!

    I've set a £4k budget, picked a few cars out to view over the rest of this week and will see what happens.

    Just waiting to finish work as I started even earlier today so I could finish earlier.
    Mortgage started 2020, aiming to clear 31/12/2029.
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