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Frugal, thrifty, make do, mend! Let this debt come to an end!

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Comments

  • SuzeQStan
    SuzeQStan Posts: 1,769 Forumite
    1,000 Posts Fourth Anniversary Homepage Hero Photogenic
    Oh Elisheba - am keeping everything crossed for you re this horrible weather!!

    well done on packing in the smoking - BIG achievement!! 👏🏻👏🏻 

    as always am in admiration of your MSE tips - some brilliant ideas there.  

    Loved all creatures here as well - binged it over the holidays - I never knew that Sam West who plays Siegfried is son of Timothy West and Prunella Scales who star in one of my favourite series - ‘ Great Canal Journeys’ (many seasons available to stream on ch4 & Giles Brandreth and Sheila Hancock took over once Pru began to struggle with her health more.)


    Lancashire
    PV 5.04kWp SW facing
    Solar Battery 6.5 kWh 
    🐙 Intelligent Go

    Mortgage freedom January 2024 - paid off 7 years early by making overpayments where we could.

  • Cheery_Daff
    Cheery_Daff Posts: 17,395 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Hope things dry out soon, and that the electricity companies sort themselves out 🙄 Sounds like you have done some good bargainous shopping there!
  • Slowdown
    Slowdown Posts: 620 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    @Queen_of_the_HiveI’m quite looking forward to visiting my daughter in Manchester though I will miss her very much. We meet up in London and spend some time together and she pops home every now and again. It’s just such a shame she can’t afford to stay closer to us. Your home by the sea sounds delightful. I hope it all works out well for you.  :)

    I like a bit of bulk buying as well @ElishebaSounds like you have made the most of the offers and bargains!
  • fionaandphil
    fionaandphil Posts: 467 Forumite
    Part of the Furniture 100 Posts Photogenic Name Dropper
    edited 4 January 2024 at 7:33PM
    SuzeQStan said:
    Budget looking well thought out as usual Elisheba 😊👍🏻 everything 🤞🏻 that you get that well deserved pay rise xx 

    wanted to tell you about a little experiment with heating we’ve done over the Christmas holidays this year -

    we normally use the central heating for 1x hr in morning, 1 hr at lunch, 1/2hr in evening & 1hr water heating. This usage of gas typically costs us approx £4.50/£5.00 per day.

    Then we pretty much exclusively use firewood in our log burner in the evenings which we source from local tree surgeon (and season/test for water levels) @ £40 per ton bag-  £750.00 to cover us the whole winter = 19 x ton bags! Per winter phew!! 🙀

    my family have been visiting this year and are nesh and hate the log burner so the heating has been on solid 6:30am - 11:45pm every day.

    We thought we would be in for paying around £25 a day with gas being on so long but as the boiler cuts out once it reaches temperature (21C - been boiling! 🥵) and the average gas usage has been just under £8 per day for 17hrs a day over the last couple of weeks!! Mind that doesn’t include 5% VAT or standing charge.

    so our gas costs have risen of course over last 2 weeks (nearly doubled) but if you divide our annual £750.00 firewood by the average days we use heating then it’s actually cheaper for us to heat the home with central heating by approx £100.00 per annum once you take out our regular usage. 

    Sorry for the novel - but we have decided to go ahead with GCH and move away from so much reliance on the log burner (do love a cosy fire tho! 🔥) 
    Thanks for posting this, its something we are always debating as we have oil and an open fire.  We don't use as much wood as you and it comes free but we are always debating whether it is cheaper to use the fire or boost the heating when it gets cold.  I also like a cosy fire though!

    Elisheba you will find that you use next to no oil to heat water in the summer but once the heating goes on it does disappear quickly.
  • Makingabobor2
    Makingabobor2 Posts: 4,284 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    Fingers crossed for the poo bags...lol
    Making the debt go down and savings go up

    LBM 2015 - debt £57K / Now £28,304....its going down

     Mortgage Free December 9th 2024! 
    18mths ahead of schedule.  Since 2022 we paid over £15K in OPs.

    Challenges

    EF #68  £600/£3000
    .

    Studies/surveys  September £18.30

    Decluttering items 1200/
    2025
    Books read    17
    Jigsaws done  11

    My debt free diary...https://forums.moneysavingexpert.com/discussion/6396218/we-will-get-this-debt-d£own-the-savings-up


  • Very interesting reading about your budget for 2024. Just curious to see how this compares with your expected income? When I put together a budget I start with expected income and then allocate the fixed costs before looking at anything discretionary.
    Feel free to check out my diary in my signature below to see how I do things. Fortunately I do not have any rent or mortgage costs.
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