Virgo In Pursuit

Hazelnutty

Just caught up with your diary and happy Virgo season! It sounds like you're doing really well - it's OK to have off days and weeks, and it's OK to lower the bar for yourself and to take a bit of extra self-care time when you need to.  I have to keep reminding myself that the general direction of travel is the right one, even if I head off on the odd unscheduled diversion or have a wee sit-down on the side of the road for a while...

anjyeah

Sorry for being missing in action again. It has been a slow month from he money saving aspect but the overpaying and saving remains the same. Just not a lot of extras! It’s been an up and down past couple of weeks. I have started researching and booking viewings, financial assessments, the works to see if I can get a step up the property ladder. A few doors have closed but each carried a learning so maybe not just yet! It’s equally testing my patience and to be honest making me hope more at the same time. 

So back to the drawing board and my October plan: 

• Continue with booking extra shifts. Already thinking of shaving off an extra £500-1000 and overpay credit card to make my debt-free date faster. Repay the money pot with the extra shifts booked this month. 
• Continue with money logs and journal Wanna hear the crazy part? I secured my planner and bullet journals for 2022. It got me a little bit more motivated ensuring my plans are on board before the year ends. 

I promise to slack less and pop by as often as I can.     

Hazelnutty

Not crazy at all! I'm already thinking of switching up my diary and integrating it into my Paper Republic journalling set-up

anjyeah

Hazelnutty said:

Not crazy at all! I'm already thinking of switching up my diary and integrating it into my Paper Republic journalling set-up

I go into social media and some even already have their layouts sorted. I'm just happy the brand I use has released a planner, bullet journal combo. I love it! I'm not touching it until December at least though

anjyeah

Anyhow, I guess my money saving time won't be just over just yet. As I mentioned before, I am in the prospects of looking what I can afford and what I need to do in preparation on getting a mortgage. Turns out, the more doors close, the more I learn on what I need to do. 

So far now really is simply clearing my debt (which is doable if I wipe my savings off now and save big after) and increase my deposit. So if this doesn't quite call for a push to motivate, I don't what will. So yeah, back to the drawing board and saving I go.

anjyeah

I am back at obsessing with numbers once more, possibly overthinking whether if I should just start overpaying my credit card with the use of my savings. I did consider an advice on here once that once I have reached my savings fund of £5,000 (at least), anything extra I should add more towards the debt, so I'm seriously plotting on that idea. Especially as since my last financial assessment for a broker, the quicker I clear the debt, the lower my debt-to-income percentage would be giving more flexibility on the amount that I can borrow. It's a thought. 

Anyhow, is it just me but the longer I stay out of here, the more unhinge I become. It's taken me a few visits again to get the swing of money saving again. Even just catching up on diaries takes awhile to catch  

Lesson learned, I'll be back here more often as I can. Be back soon with my October numbers. 

capuchin

I think that as your debt is at 0%, there’s no point putting your savings into it when it could go into a LISA or H2B instead and start earning for you. Even though I think interest rates will inevitably go up, there’s not too much point in keeping 5k around in cash though so I’d look to diversify it somewhat ur if your isa allowances are all used up. 

anjyeah

capuchin said:

I think that as your debt is at 0%, there’s no point putting your savings into it when it could go into a LISA or H2B instead and start earning for you. Even though I think interest rates will inevitably go up, there’s not too much point in keeping 5k around in cash though so I’d look to diversify it somewhat ur if your isa allowances are all used up. 

Oh, another train of thought - I will definitely think about it. I am doing more thinking than actually doing these days, a definite Virgo trait, I'm told.  I guess to make it even, I can always meet halfway. I was already planning on over paying my monthly, say £1,000 a month and then replace those savings with overtime. I do have HTB but haven't thought of LISA just yet. It's a good thought, thanks!

anjyeah

Let's talk about... money pots.

Decided to sit down with my actual and virtual money pots. I read on here somewhere that those who participated in the Sealed Pot Challenge opened their pots sometime last week. Although I didn't official join the challenge, I actually did create one - the actual pot is £110. The virtual pot (roundup amounts from my daily spends) currently sits at £290. I have decided to add all these for presents for the holiday and don't even have to break the bank. 

I'm so happy I bumped into that thread early this year. It really just makes sense! 

I have another pot where money from my decluttering and birthday money was kept. I'm thinking of keeping that as a "me" fund should I decide to treat myself with something later on. (Still thinking laptop, but this one still works) So I'll sit on it until then. Reasonable?

bekah89

Just read your diary you’re doing so well! I’m also a Virgo, very typical Virgo apart from with money 😅 I love the idea of the different pots, I need to do that. I haven’t really budgeted for any “me” pots because I’ve been trying to pay as much off my cards but I should! I’ve got round ups saved in an app called Plum, will put that towards Xmas. I’m going to check out the sealed pot challenge. Definitely keep the birthday money pot to treat yourself! I used my birthday money to buy a laptop last month so glad I did!