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Getting shot of the mortgage sooner than 2049!

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  • Baileys_Babe
    Baileys_Babe Posts: 6,266 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Just don't let Red make any adjustments to this set 😄
    Fashion on a ration 2025 0/66 coupons spent
    79.5 coupons rolled over 4/75.5 coupons spent - using for secondhand purchases

    One
     income, home educating family 
  • Bluegreen143
    Bluegreen143 Posts: 3,704 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 5 March 2022 at 9:40AM
    So it’s only the 5th of March and we have spent loads in March already 🤦‍♀️. A little bit has been frivolous spending, but I’m happy with most of it. 

    Here’s a round-up below:

    Joint budget £1,108.64
    Home bills £444.85
    TV & subscriptions £23.37
    Food £34.80
    Household £7.85
    Treats £8.47
    Petrol £49
    Pets £208
    Family & fun £44.40
    Misc 90p
    Birthdays £12.01
    Home & garden £269.99
    Kids £5

    Me £101.45 - mainly bills & subscriptions, plus one book.

    Notes
    1. The Pet category is mainly the vets bill so was unavoidable.
    2. Home & garden is high because we just ordered lots of wood to build raised beds 
    3. Family & fun is high because we got a takeaway on Thursday. We also got £10 in an anniversary card from a relative which we put into this pot towards buying some alcohol to share at our friends’ house this weekend (if we go) so rather than alcohol going in our personal pots, I logged it here this week.
    4. Treats is high because we’ve had a rubbish couple of days (with the cat then Monkey being unwell) so Red bought some Easter eggs and sharing crisps to cheer us up when he did the shopping.

    I can’t remember if I said, but because it’ll be a couple of months til we need most of the conservatory savings (so we have time to rebuild them), I decided to use a lot of them to get one month buffered. Aka I budgeted out the whole month on the 28th Feb. When I get paid, I’ll put my whole wage back into the savings pot then use money from that pot to budget April in advance (but the amount left for the conservatory will have built up a good bit). I find budgeting much easier when you can do the whole month at once.
    Part time working mum | Married in 2014 | DS born 2015 & DD born 2018

    https://forums.moneysavingexpert.com/discussion/6542225/stopping-the-backsliding-a-family-of-four-no-longer-living-beyond-their-means/p1?new=1

    Consumer debt free!
    Mortgage: -£128,033

    Savings: £6,050
    - Emergency fund £1,515
    - New kitchen £556
    - December £420
    - Holiday £3,427
    - Bills £132

    Total joint pension savings: £55,425
  • Bluegreen143
    Bluegreen143 Posts: 3,704 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Argh Monkey has Covid 🤦‍♀️ 
    Part time working mum | Married in 2014 | DS born 2015 & DD born 2018

    https://forums.moneysavingexpert.com/discussion/6542225/stopping-the-backsliding-a-family-of-four-no-longer-living-beyond-their-means/p1?new=1

    Consumer debt free!
    Mortgage: -£128,033

    Savings: £6,050
    - Emergency fund £1,515
    - New kitchen £556
    - December £420
    - Holiday £3,427
    - Bills £132

    Total joint pension savings: £55,425
  • Honeysucklelou2
    Honeysucklelou2 Posts: 4,807 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    Sorry to read about your cat. Hope that Monkey isn’t feeling too rough with Covid. My younger children had very few symptoms and got through quite quickly.
    paydbx2025 #26 £890/£5000 . Mortgage start £148k June 23 - now £138k.
    2025 savings challenge £0/£2000
    EF £140. Savings 2 £30.00. 17
  • Baileys_Babe
    Baileys_Babe Posts: 6,266 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Sorry to hear about Monkey, I hope he makes a speedy and full recovery. Fingers crossed nobody else succumbs 🤞
    Fashion on a ration 2025 0/66 coupons spent
    79.5 coupons rolled over 4/75.5 coupons spent - using for secondhand purchases

    One
     income, home educating family 
  • Bluegreen143
    Bluegreen143 Posts: 3,704 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Quick monthly spending update 

    JOINT £1,227.14

    Home bills £468.13
    TV & subs £25.36
    Petrol £49
    Food £104.25
    Household £12.71
    Treats £23.02
    Pets £194.53
    Family & fun £44.51
    Misc £13.85
    Birthdays & celebrations £21.10
    Home & garden £269.99
    Reconciliation adjustment 69p

    ME £101.45

    Bills & subs £98.12
    Fun £3.33

    So far the rest of the family are still testing negative, but Monkey had a faint positive today (day 6). Hoping he gets out of isolation by Saturday then things can get a bit more normal with food/treat spending. Our budget has suffered by Red doing two shops for me 😂
    Part time working mum | Married in 2014 | DS born 2015 & DD born 2018

    https://forums.moneysavingexpert.com/discussion/6542225/stopping-the-backsliding-a-family-of-four-no-longer-living-beyond-their-means/p1?new=1

    Consumer debt free!
    Mortgage: -£128,033

    Savings: £6,050
    - Emergency fund £1,515
    - New kitchen £556
    - December £420
    - Holiday £3,427
    - Bills £132

    Total joint pension savings: £55,425
  • Baileys_Babe
    Baileys_Babe Posts: 6,266 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I am pleased to hear the rest of the family are still negative.

    I am with you on the OH shopping having a negative effect on the budget, my OH went to buy the fresh fruit and vegetables earlier in the week, he bought everything on the list plus a sketch pad for himself 🤔
    Fashion on a ration 2025 0/66 coupons spent
    79.5 coupons rolled over 4/75.5 coupons spent - using for secondhand purchases

    One
     income, home educating family 
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