Time to Face The Music

RelievedSheff

LittleMissDetermined said:

Debts coming down and a healthy savings balance - nice work! 
LMD x

Looking forward to the 20th of the month when the motorhome HP loan comes out and takes the total balance into the next £1k bracket. 

Sun_Addict

I was just about to say it won't be long before you're under £28k. Good to see the savings going up as the debts go down 😁

RelievedSheff

It's the first of the month so a busy direct debit day.

Not a no spends day. I have had to top up on some eggs, bread and veggies this morning.

Breakfast, lunch and dinner are from stores. Breakfast was crumpets, we have both taken our packed lunches to work and dinner tonight is haggis with root veg mash and vegetables.

Tonight's jobs are:

• walking the dog
• load of washing (hung in the spare bathroom to dry)

I have never seen as many trick or treaters as we had on the estate last night. Word must have got out that a lot of the houses were trimmed up because people were driving their kids here by car. There were parked cars everywhere. Was nice to see the children enjoying themselves though and they were all very polite.

LittleMissDetermined

Was busy last night on our estate too, I had to get up 4 times whilst eating dinner.  Lounge is upstairs too so I got plenty of steps in last night haha! 
LMD x

Sun_Addict

We still have sweets left over despite plenty of visitors. I noticed a lot of them just walked straight past our house probably because we didn't have a pumpkin outside. The kids that knocked were really grateful for their sweets, I filled some Halloween cups and they all seemed to be surprised how many sweets they got. One little boy said thank you so so much, he was really excited 😆 My bank account has been massacred today!

EssexHebridean

Masses of little ones out and about with parents when I drove back to home last night - we don't decorate at all though so don't get them knocking which is fine by me - pretty sure they all get more than enough just going to people they know anyway! 

Great work on the payments/savings RS - that £200 a month you're directing to savings would be a great amount for a regular saver account - a lot have that as their deposit limit per month now. 

RelievedSheff

EssexHebridean said:

Masses of little ones out and about with parents when I drove back to home last night - we don't decorate at all though so don't get them knocking which is fine by me - pretty sure they all get more than enough just going to people they know anyway! 

Great work on the payments/savings RS - that £200 a month you're directing to savings would be a great amount for a regular saver account - a lot have that as their deposit limit per month now. 

I think we are just going to build up a decent buffer for any unannounced emergencies in the account that we have and then once that has built up a little find a savings account with a better interest rate for the regular £200. I like the idea of having instant access to an amount of money to cover the unexpected first.

But equally I want the money to earn its keep while it is sat there in the banks coffers. And the current interest on the savings account is really poor. In fact it is so poor the money would be better off sat in our current account!!

Baileys_Babe

You might find The Top Easy Access acc Ranked thread useful along with the linked discussion thread which is mentioned in the first post.

EssexHebridean

RelievedSheff said:

EssexHebridean said:

Masses of little ones out and about with parents when I drove back to home last night - we don't decorate at all though so don't get them knocking which is fine by me - pretty sure they all get more than enough just going to people they know anyway! 

Great work on the payments/savings RS - that £200 a month you're directing to savings would be a great amount for a regular saver account - a lot have that as their deposit limit per month now. 

I think we are just going to build up a decent buffer for any unannounced emergencies in the account that we have and then once that has built up a little find a savings account with a better interest rate for the regular £200. I like the idea of having instant access to an amount of money to cover the unexpected first.

But equally I want the money to earn its keep while it is sat there in the banks coffers. And the current interest on the savings account is really poor. In fact it is so poor the money would be better off sat in our current account!!

For instant access at a reasonable rate, Santander have one year fixed term easy access e-savers at 2%, Nationwide have something around the same (duration and rate) and there is also Marcus at 2.5% (this includes a constantly renewable 0.25% bonus at the moment)  - we've been reasonably impressed with them, and the rates are definitely increasing as the BoE rate goes up. The money also gets sent by faster payment when you request it back to your nominated account so it really is easy access too - our EF lives in there as like you, we want to know we can get it quickly if needed. definitely no point in leaving it sitting in an account with a poor rate while it builds up though - you may as well have it working for you a little! 

RelievedSheff

It will be a no spends day today. Number 1 for November. Let's see if we can manage a better total than last month!!

Breakfast, lunch and dinner will be from stores. It was sour dough toast for breakfast, we have both taken our packed lunches to work and dinner tonight is jerk pork loin with rice and vegetables.

Tonight's jobs are:

• walking the dog
• cleaning the kitchen

It must have been colder in the night because our bedroom heating clicked in this morning. Mind you I had left the window open which probably didn't help. The other circuit which does the rest of the house hadn't clicked in though.