Powers’s mortgage free thread

Porridgecat

It must be so frustrating trying to plan a wedding when things can change from day to day! One friend of ours gave up and got married in Gretna Green last weekend as they'd changed dates about three times. 

powerspowers

Porridgecat said:

It must be so frustrating trying to plan a wedding when things can change from day to day! One friend of ours gave up and got married in Gretna Green last weekend as they'd changed dates about three times. 

Definitely! We made the booking around Easter 2019, should have booked it for that summer- the extra two years haven’t enabled us to make any better plans!

Tilly tidy today of £25.57, just trying to keep myself motivated about the mortgage. Pay day tomorrow!!

powerspowers

Powers pay day update
I cleared £215 off the cc for wedding bits and snuck £100 into my savings, although I doubt it will last the month! I’ve budgeted £100 for sisters 30th and £70 for dentist this month. After everything else comes out I should have around £200 for the month. 

Joint account- the new house arrangement is that we both pay in £1000. The plan was £1000 dds/ £400 food / £600 mortgage OP. 

The reality is DDs £1050 and a small fortune on food! 

This month I’m aiming for £450 food. We’ve had to pay an extra £200 on has/electric from the old house (T promises to keep better track!) so that leaves us £300... plan is mortgage OP. We’ve dithered about putting it in the wedding pot but that is looking healthy as we’ve managed to get a lot done (dress,suits and rings) without touching it.   I’ve just remembered we have to pay the registrar this month as well. 

Phew my head is spinning from all the different pots of money! I do find it useful to write things out though and having the mortgage free goal helps to clarify some decisions for us. I can really see how easy it is to drift as there is always something needing to be paid. 

Weekend plan- we are seeing friends we haven’t seen since pre covid which is exciting. Planning on hanging round the house and the country park next door so should be a cheap one- we’ve stocked up on food and booze already 😉 hope the weather holds. 

Have a good bank hol wannabes x

powerspowers

Quick update/ we had a really good weekend, not too spendy although we’ve been eaten out in f house and home 😂 
I’ve made an OP of £250 and set it up as a Standing order for now whilst we work out what we’re doing 

eat_that_frog

Your pots sound good @powerspowers ! I have never got round to setting up separate pots. Well done for your OP too.

powerspowers

eat_that_frog said:

Your pots sound good @powerspowers ! I have never got round to setting up separate pots. Well done for your OP too.

Frog some are real pots and some are very sophisticated (not).
we had a joint savings account that was time limited and then turned into something else which meant we had to open another one (I can’t even remember)... so that’s 2 joint savers which are the house and wedding pots. 

Then I have a separate credit union account which is just one account but I have a list on my phone breaking it Down to emergency fund, holidays and then anything I’m saving for. The CU has an option of a “jam jar” account where you can have up to 8 pots but you have to pay for it. 

OTher half has his own savings but doesn’t subscribe to my logic, to him it’s all just savings! 

powerspowers

Oooh I’m overdue an update...

money- I’ve done really well with my spends. I was at risk of going massively over budget for lil sis mile stone birthday but convinced other sis to split with me. Dentist was also a winner as I didn’t need anything doing so only £23. 

The only unbudgeted things were a tank of fuel for other half/ our apparently shared car 😂 and £20 for a friends birthday collection. 

Joint account took a battering earlier in the month but we’ve done well this week at eating food we already have. This weekend will be a test...

House pot is healthy- only paid for bits and bobs. We had the oven cleaned which was £105 but the lass was here 3 hours and it looks brand new 😳 

wedding update- we’ve had a disaster with the venue and they’ve cancelled on us. We have booked somewhere else for the same day and things are clicking into place. I’m so stressed about it, much more than I was last year when we postponed. It’s looking more positive now and the fact we are going small helps money wise. The new venue is very pretty and weather dependent we can get married outside which would be lovely! It’s a more commercial than where we were getting married but that’s a positive as they are well versed in covid weddings which ultimately our first choice wasn’t. 

I’m hoping for a more relaxed weekend, going to make a move on decorating. Have a good one when it gets here x

Grogged

Sounds very positive all round. It sounds like the new venue will be suited for your wedding, and it's great you had a backup.
We should really get our oven professionally cleaned, whilst clean it never comes up spotless like the professionals seem to get it.

misslolu

Oh no! sorry to hear that the venue cancelled but glad to hear that you got another one. Planning a wedding in these times must be extra stressful.

powerspowers

It certainly is @misslolu! Hopefully coming together now but we’ve got lots of decisions to fit into the next month, which is ridiculous as we started planning in 2019!

I’m impatient for the end of the month. Managed to budget really well and have £13.15 left in my account with payday on Friday. Going to send over as an OP to stop me spending it. Joint account is going to go £20 overdrawn but for less than 24 hrs. I’m counting that as a win as we hammered it at the start of the month and I thought we’d have to top it up. 

Next month is going to be expensive!