Time to Face The Music

milann

Sounds like a productive day. Well done on getting stuck in with the housework 👍👍

It’s definitely satisfying cancelling dds….not checked mine for a while and don’t think I have any to cancel, but I’ll check next week I think. Thanks for the reminder.
Happy birthday to the day 🎂doggie cake, of course

alt80

@RelievedSheff we seem to use more and more gas. Electricity remains constant. Think I've become too accustomed to sitting in front of my fire in my sitting room that when I go up to bed the bedroom seems absolutely !!!!!! freezing. Have to say this time of year I can kind of see the logic in a newer build tbf lol.

RelievedSheff

Not quite a no spends day today. Had to pick some bananas up from the shop for packed lunches. 

£251 paid to the car HP loan and £100 paid to Card 6 this morning.

Breakfast, lunch and dinner are from stores today. Breakfast was cereals, we have both take our packed lunches to work and dinner tonight is haggis, neaps and tatties.

Todays jobs are:

• cleaning the bathrooms
• walking the dog

RelievedSheff

Balances Update 18.11.21

 

Furniture Loan = £0 (Account Closed)

Debt 1 = £0 (Account Closed)

Credit Card 1 =£0 (Account Closed)

Credit Card 2 = £0 (Account Closed)

Credit Card 3 = £0 (Account Closed)

Credit Card 5 = £0

Credit Card 4 = £854 (£150 repayment 0% interest until November 2022)

Credit Card 6 = £2820 (£100 repayment 0% interest until August 2022)

Credit Card 7 = £10327 (£200 repayment 0% interest until November 2023)

 

HP Car Loan = £915 (£251 repayment final payment February 2022)

HP Motorhome Loan = £21230 (£393 repayment final payment April 2026)

 

 Total Debt = £36146

The car HP loan is now below the £1k mark. Only a few payments left to make on this one now.

I think at the beginning of next month I am going to make some small additional payments to Cards 4, 6 and 7 to round the balances down to a round number. £4 to Card 4, £20 to Card 6 and £27 to Card 7.

enthusiasticsaver

Good idea to round numbers down. You hardly notice it and for some reason the balances seem to go down quicker even with just small overpayments. So close to the end on the car loan. Is the interest front loaded or added monthly? I would expect the balance to be lower given you only have three payments of £251 to go. Not significantly lower but make sure there isn’t a bigger payment on last one for something ridiculous like an admin fee. Or does that £951 not show today’s payment yet? That would explain it. 

RelievedSheff

enthusiasticsaver said:

Good idea to round numbers down. You hardly notice it and for some reason the balances seem to go down quicker even with just small overpayments. So close to the end on the car loan. Is the interest front loaded or added monthly? I would expect the balance to be lower given you only have three payments of £251 to go. Not significantly lower but make sure there isn’t a bigger payment on last one for something ridiculous like an admin fee. Or does that £951 not show today’s payment yet? That would explain it. 

The last payment has an extra charge included. It's £413 for the February payment.

RelievedSheff

Just totted up the monthly saving we have made this month by sorting out the car insurance, broadband, the other half's phone and cancelling the Amazon subscription and it comes to £59 a month. 

That's quite a saving each month and tots up to a fair amount of money over a year. 

Must keep on top of that sort of stuff now and check we are on the cheapest suitable deals for things like that in future.

Sun_Addict

Well done that’s a very good amount to save indeed.

RelievedSheff

Sun_Addict said:

Well done that’s a very good amount to save indeed.

It will go some way towards the increased costs of fuel and energy per month that's for sure.

Not really much else to cut now. I keep eyeing up the National Trust subscription but we used it a lot with the van in the summer so will keep that for now and see how we use it next year.

RelievedSheff

Not quite a no spends today. We need to pick up a few bits for the van from the shop tonight. Only some milk and eggs so not a massive spends day.

Breakfast, lunch and dinner are from stores. It was cereals for breakfast, we have both taken our packed lunches to work and it is fakeaway Friday tonight with a homemade chinese. King prawn thai curry, singapore noodles, egg fried rice, spring rolls and prawn crackers.

Not much to do when we get home tonight. There is a load of washing in the machine which should be dry by the time we get home and the dog is having a bath tonight. Other than that it is chilling out on the sofa with a couple of beers watching a film.