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Returning to MFW, my elusive unicorn!
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Diary Update for the Beginning of Page 23!
Family
Me, Manwife, offspring x3 (Big Small 15; Medium Small 13; Small Small 10), cats x2, rabbits x2, chickens x6 (5 of whom lay us lovely little eggs)
Finances
Bank Accs
- 1 joint account into which gets paid: his wage (monthly, 23rd); my self-employed earnings (monthly, 23rd) - which is currently reduced and being paid by the SEISS; CB and CTC
- 1 joint account for home ed expenses: £100pcm into this currently
- 14 joint savings accounts: clothing, gifts, car, health, food, toiletries, cleaning, holiday, house, home, sundries, pets, entertainment, stationery - these are my virtual jam jars into which I put a certain amount each month and then dip into the pots to pay whatever comes under that umbrella
- 2 individual accounts: spending money for Manwife and I
- kids all have their own accounts: older 2 have mini current accounts, youngest has a goHenry account
Debts
- 1 AMEX card paying 1% cashback which we clear each month
- 1 mortgage, currently standing at £91774.57. Int rate: 1.89% until 2025. MF date: 2043.
- Still expecting to take out a 0% finance loan for part of the front door cost, but expect it to be much lower than we initially thought as currently have around 55% of cost saved.
Achieved since last update
1. OP goal of £500: currently at £271.42 which is 54.28% of total
2. 87 submissions on Prolific, averaging about £15 a month
3. Finished small bathroom revamp
4. Dug out a 9x9' area of garden, levelled it and laid 14 paving slabs on it to make a small patio area behind the shed - this is the first step towards having a new chicken coop/run area
5. Removed a fuschia bush
6. Saved around £800 towards the new front door
7. Hardwired the internet into the kids bedrooms because tHe LaG kEePs KiLlInG mE!!
8. Wrote an entirely new budget, which is working very well
9. Brought the "zero" in our current account up to £300, meaning we don't go into our overdraft when we go "overdrawn"
10. Now in the habit of doing pilates twice weekly, and definitely feeling the benefits!
11. Increased my pension contributions to 16% of my income
Current Goals
1. Continue saving into OP pot, including a TT at the end of each lot of bills
2. Continue saving as much as possible towards new front door: anticipating saving another £600 over next 3 months
3. Start saving towards a holiday next year
4. 100 submissions on Prolific
5. Continue digging in garden: move forsythia bush and plot/prep area for chicken coopRule 7: If you're not changing it, you're choosing it.
MFW 2020: 1 Jan £92903.90 ~ OP £536.80/£500
MFW 2021: 1 Jan £89281.21 ~ OP £404.62/£500
MFW 2022: 1 Jan £85579.20 ~ OPs on hold.2 -
Great achievements there.
The Hilton chicken sounds like a great project!
Glad you got your Internet back 👍
Is the new front door going to be a statement piece?If it's not adding up, compound it!0 -
Heh, quite possibly. Current front door is wood and rather draughty, and the plaster is all shot round the side window, hence the replacement, but we figured since we were getting a new door we may as well go for a top notch steel frame/wood composit jobby with about twenty thousand locking points and a diamond of frosted glass (I think it's a diamond, it's been over a year since we booked the damn thing lol). It'll be blue, and once it's in we'll be obliged to immediately sort the front step out as well because what's the point in having a lovely front door when the step looks crappy
I'm actually really looking forward to it because, if nothing else, it means I don't have to think about it any more! Planned on having it done by now but it's still hanging over our heads. I want to move on to thinking about other things....like the fact that the fridge is dying
Rule 7: If you're not changing it, you're choosing it.
MFW 2020: 1 Jan £92903.90 ~ OP £536.80/£500
MFW 2021: 1 Jan £89281.21 ~ OP £404.62/£500
MFW 2022: 1 Jan £85579.20 ~ OPs on hold.2 -
Virtual payslip day!
Manwife's wage is higher than expected this month - I suspect this is because he had some overtime that was due from earlier on in the year but for some reason it was taking a while to go on. Anyway, the money shuffle has been adjusted to account for this higher amount and I believe we'll be putting an extra £350 into the house savings account on July 1st, rather than the £200 I had originally planned, as well as a TT into the OP pot of ~£43.
Grocery shopping today. I'm off now to write the meal plan for this week and then the shopping list.Rule 7: If you're not changing it, you're choosing it.
MFW 2020: 1 Jan £92903.90 ~ OP £536.80/£500
MFW 2021: 1 Jan £89281.21 ~ OP £404.62/£500
MFW 2022: 1 Jan £85579.20 ~ OPs on hold.2 -
always like nice surprises in wageslips
CRx2 -
That's an impressive TT 😁!Mortgage start: £65,495 (March 2016)
Cleared 🧚♀️🧚♀️🧚♀️!!! In 5 years, 1 month and 29 days
Total amount repaid: £72,307.03. £1.10 repaid for every £1.00 borrowed
Finally earning interest instead of paying it!!!2 -
South_coast said:That's an impressive TT 😁!
Grocery shop
Aldi: £73.60
Morrisons: £18.55
Total: £92.15
Rule 7: If you're not changing it, you're choosing it.
MFW 2020: 1 Jan £92903.90 ~ OP £536.80/£500
MFW 2021: 1 Jan £89281.21 ~ OP £404.62/£500
MFW 2022: 1 Jan £85579.20 ~ OPs on hold.3 -
Well, everything has gone to c0ck
Well, not quite everything, but:
- I had somehow managed to miss our Home Ed SO off the spreadsheet (not sure how!) which was £100 that I hadn't accounted for
- The Manwife had to get himself a new passport as ID for work, which was £80.50 plus the postage to send his old one back
- I managed to put in the wrong tf amount into one of the savings pots, which means I thought we had enough money to cover the outgoings but it turns out we actually don't, so that is coming out of the "extra" of this month
- The Manwife has also, finally, got himself a new phone and contract, after doing dual sim in his work phone for a few months but getting very frustrated with the lack of boundaries (fair), so that is going up and there's the shipping cost of the new phone too
So, balls being dropped all over the place this month and I'm thoroughly annoyed, and won't be able to know what's what until next week.Rule 7: If you're not changing it, you're choosing it.
MFW 2020: 1 Jan £92903.90 ~ OP £536.80/£500
MFW 2021: 1 Jan £89281.21 ~ OP £404.62/£500
MFW 2022: 1 Jan £85579.20 ~ OPs on hold.4 -
Keep going Caz, it will all work out alright in the end xMortgage start: £65,495 (March 2016)
Cleared 🧚♀️🧚♀️🧚♀️!!! In 5 years, 1 month and 29 days
Total amount repaid: £72,307.03. £1.10 repaid for every £1.00 borrowed
Finally earning interest instead of paying it!!!3 -
South_coast said:Keep going Caz, it will all work out alright in the end x
pass the cheese Sc! (that, and chocolate, are my booze replacements in times of mild stress!)
Rule 7: If you're not changing it, you're choosing it.
MFW 2020: 1 Jan £92903.90 ~ OP £536.80/£500
MFW 2021: 1 Jan £89281.21 ~ OP £404.62/£500
MFW 2022: 1 Jan £85579.20 ~ OPs on hold.4
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