Facing reality

in Debt Free Diaries
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  • SarahwithloveSarahwithlove Forumite
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    t2rry said:
    Sounds solid, Sarah - it's the part of the journey where there's nothing to report because you're doing it as usual life...I think that's a great place to be! 
    Very much so just need to control the spending. 

    Glad everything's ticking over. I'm sure it's really frustrating with your lodger not working. Hopefully she'll get another job soon!!
    She goes away on 2nd for nearly 3 weeks, then back 2 weeks away for 10 days, then back for 5 days and away for a week again. So probably won't be getting a job until September I think she plans to just enjoy her summer. She was in quite a low place last week but started dating a new guy and that seems to have made her peek up again. On plus side we spoke about a rent increase and she now pays me an extra £50 a month which is just now under 50% of the bills including my mortgage. 

    Not having a good time with my back at the moment. Doctors given me some strong painkillers which are making me a bit drowsy.

    Budget is really tight had to put my food shop for this week in the CC. Will pay it off on Thursday once been paid. Will use remainder of this months budget and some from next months but have upped my food budget going forward now as this eating healthy stuff is expensive! I've also increased my spending money allowance as well and created a general household budget for little purchases that I don't want to come out my food budget or my spending money. Like a new mop and bucket.

    My sinking funds are all looking pretty good and from July my focus is going to be on my emergency fund. Should be able to put away £250 a month. Once I have that built up I then plan to start overpaying the mortgage which in all honesty probably won't be until next year now. Depends what big expenses crop up, especially as I am fully expecting my car to cost me money when it comes to its MOT in October. 
    *RBS credit card - £1930.50* - £0.00
    *Tesco Credit card - £3604.30* - £0.00
    *Finance - £581.91 - £0.00
    *Dad loan - £5300 - £3600
    Total debt *£3600* £11,416.71


    Emergency fund/Sinking Fund - £2500/£5000

    Mortgage Overpayment - £30.34/£1000
    Facing Reality - My Debt Free Diary
  • SarahwithloveSarahwithlove Forumite
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    Hi,

    How are you getting on?
    Hi thanks for stopping by good timing actually. Finances haven't been great lately been doing a lot of spending without thinking about it. But going to reign it in now and created a new budget for August. I'm ashamed to say I have some money on the credit card as a result. So that's being cut up and removed from my saved cards on my phone. Will reduce my spending allowance for next few months to make up for it. It's mostly been on eating out and takeaways and clothes shopping. But need to stop. I've gotten into bad habit of not using ynab as don't like what it has to say. But that isn't good habit to be doing. So now everything is going back through it again. Recently switched bank accounts as well which will get me £125 bonus for doing so. 
    *RBS credit card - £1930.50* - £0.00
    *Tesco Credit card - £3604.30* - £0.00
    *Finance - £581.91 - £0.00
    *Dad loan - £5300 - £3600
    Total debt *£3600* £11,416.71


    Emergency fund/Sinking Fund - £2500/£5000

    Mortgage Overpayment - £30.34/£1000
    Facing Reality - My Debt Free Diary
  • mark55manmark55man Forumite, Ambassador
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    HI Sarah - there has been a lot of post lockdown splurging so you are not alone.  Like you, I am having to readjust following a spendy July, and have had to reschedule my final push on getting CC sorted.  

    I think we all needed a little indulgence, but well done for reining it in in a month and not a quarter (or a year or a decade :smile:
    I’m a (NEW) Forum Ambassador and I support the Forum Team on the DFW, Over 50s, and Pensions boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing [email protected]
    All views are my own and not the official line of MoneySavingExpert.

    I think I saw you in an ice-cream parlour/Drinking milk shakes cold & long/Smiling & waving & looking so fine
    At 01/04/22: Weight-loss 0/20kg, Steps 539k/3000k (29K belowtarget)
    Total Debt 01/04/22: £38.1K -- Mortgage Neutral Pot:£41.1K/£82.3K - EF:£3K/£10K
  • BlackcatsBlackcats Forumite
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    Hi Sarah - increased spending post lockdown is easily done but you are back on track now and that's the main thing.  
    How are things going with your lodger?  Is she still living with you? 
  • DancingInTheRainDancingInTheRain Forumite
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    Hi Sarah, hope you're okay x
    01.06.19 Debt £13,636
    Debt Free 25.07.20
    Started again 31.12.21 - WWOTW "What We Owe The World": £59,875 (Mortgage/CC/Student Loan)
    24.04.22 £56,530
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