New Habits Needed...

WinterWarrior

Well done ⭐️⭐️⭐️ NSD’s are hard! 

BalanceBy50

Struggling a little bit with everything and trying to keep on top of what i am spending on a weekly basis so going to do a reset.
My monthly budget and weekly budget all start on Friday so am going to start counting & recording from then.
In my spending account I have £2.20 and in my purse I have £9.85 and no plans for this week....yet!
I also made a mistake on what I owed so here are my current debts at the end of my financial month
Credit Card balance - £2759.32
Store Card - £1683.74
HP - £25 
Family Loan 1 - £200 
Family Loan 2 - £450 
Family Loan 3 -  £715 (I was out by £210 0n this)
Total - £5833.06
I will record this total around this date every month.  I have not added to any of these debts despite the miscalculation!
xx 

BalanceBy50

still not spent anything on candy crush after my lbm last week 😁

Autie_moneysaver

Awesome job on curbing the candy crush spending! Doing my own pen and paper budget/tracking I realised what I was spending on a game app and eeeeeek but I’m switched back to being ftp now.

Btw I also count money in my purse as already spent as it’s out of my bank account (so can’t be shuffled) and I track it as “cash withdrawal” on my budget sheet - it’s usually for bits from the market etc as the big stores still encourage contactless everything!

WinterWarrior

Well done, you are doing great. I count my spending week from Friday too. 

jwil

Well done on the NSD and no candy crush spends!

Seasidegal58

Well done on avoiding the Candy Crush!  

Before I starting using YNAB I had downloaded a free spending app onto my phone and recorded purchases and bills as I went along. You could set up different categories on it. You might find something like this helpful. 

BalanceBy50

Autie_moneysaver said:

Awesome job on curbing the candy crush spending! Doing my own pen and paper budget/tracking I realised what I was spending on a game app and eeeeeek but I’m switched back to being ftp now.

Btw I also count money in my purse as already spent as it’s out of my bank account (so can’t be shuffled) and I track it as “cash withdrawal” on my budget sheet - it’s usually for bits from the market etc as the big stores still encourage contactless everything!

Thank you!  Still not spending on candy crush and as I can't buy more lives spending less time on it!
Love the idea of counting money as already spent so will track as cash withdrawal - I only ever draw enough cash out that I think I will need so it shouldn't take me over budget!
jwil said:

Well done on the NSD and no candy crush spends!

Thanks jwil - NSD are difficult for me as I am a true spendaholic! Candy Crush spends was a real eye opener - forever thankful to this diary and you guys for this. xx
Seasidegal58 said:

Well done on avoiding the Candy Crush!  

Before I starting using YNAB I had downloaded a free spending app onto my phone and recorded purchases and bills as I went along. You could set up different categories on it. You might find something like this helpful. 

Thank You @Seasidegal58 - I have had to stop myself from spending on candy crush a couple of times - I have a mental image of you and a few others mentally shaking your head at me in a disappointed way 😂 and it really helps!
My problem with my spending is if I don't have enough money in my spending account I 'borrow' from my pots and then get confused paying it all back.  With YNAB would I have all my pots in one bank account then when I have spent it - it potentially shows as a minus figure against that pot?  Would this mean I don't need the 4 current accounts with multiple savings pots that I currently have attached to them? 
xx

BalanceBy50

Thank you for all your comments and thanks - it really helps.
So I have been paid and the monthly budget has started. Lots of movement tomorrow and my weekly budget starts so I will do a big update tomorrow or over the weekend - meeting some friends tomorrow for a Gin night and I am really looking forward to it.  I am not a big home drinker - coffee is my vice however i do intend to have a few!  I am also having my second jab on saturday (AZ) so the weekend maybe spent recovering from either the gin or the jab 😂 If I stick to my budget we have enough money to cover everything.  Its when my weekly budget goes over that my budget goes rogue as I basically operate a zero budget.

Please please can we have some better weather now - i am fed up of still wearing my winter wardrobe xx

Debt_Me_Out_Of_Here

With YNAB would I have all my pots in one bank account then when I have spent it - it potentially shows as a minus figure against that pot?  Would this mean I don't need the 4 current accounts with multiple savings pots that I currently have attached to them? 

xx

With YNAB you can have as many accounts as you want. You track what's coming into each account and can move money around between accounts, but it all goes into the same "to be budgeted" pot. Then you allocate every single pound of that to be budgeted pot into the spending categories you've set up. So for example I have rent, childcare, phone bill, groceries, fun money, clothes, savings, credit card payments etc etc as my categories. 
You can set recurring payments so YNAB tells you how much to budget in each category to cover upcoming payments, or you can set a goal of having xyz in a category by a certain date, and it tells you how much to budget each month, or you can freestyle. I personally have 1 current account, 3 savings accounts, a LISA, 2 credit cards and a loan set up in there and it works great.
The way I do it is that when I get my salary and money from my husband, I cover all the bills that are going to come out, then groceries etc, then see what I've got left for debt slaying/saving after that. It's really helped me because I set my budgets on day 1 rather than doing the "I'll try and spend as little as possible and then pay off what's left at the end of the month" thing - it never worked as I'd never have anything leftover! Then when other payments come in throughout the month like UC and child benefit, I know exactly what it needs to cover and usually manage to use most of it for extra debt slaying. 
Hope that helps.