Learning to walk before I run

Cheery_Daff

Just put our heating on this evening too - came home and it was 12 degrees, which I'm afraid is too cold even for me! 🥶

edinburgher

Jings! That is unpleasant @Cheery_Daff 🥶

Suffolk_lass

KajiKita said:

Hmmmm … I can’t find a calendar of mixed types of WW2 vehicles … They are either all tanks, all planes or modern vehicles. Won’t scratch the WW2 vehicles ‘itch’ 😉

I have enough time … I wonder if I could create my own calendar with his images from his FB page of vehicles … 🤔

KK

What about this one? Albeit the IPM one is all Spitfires for 2026

Our heating went on for an hour when we got home from three nights in the camper - I needed to fire it up ahead of using it in anger next month and it will warm the airing cupboard so today's washing airs before we set off to Scotland tomorrow morning

edinburgher

Have a good trip @Suffolk_lass

I get paid for September tomorrow, and my pay slip is available online. This lets me put into place a few steps that will hopefully simplify our finances, while also introducing some different complexity

Having mulled over various issues including the best use of overtime monies, SIPP payments, and living life for today, I think I may have reached a relatively elegant solution. 

• I have increased my AVCs to 5% of salary, which is c. £218 every 4 weeks (taken before tax). This money can be taken tax free with my main scheme benefits as long as it is taken at the same time and as long as it is less than 25% of the total (works out as 20% of the total as you add scheme benefits to AVCs). As main scheme is worth £200,000+, AVCs very unlikely to pass 20% of total in the next 15.5 years. This money will allow us to settle our mortgage early and is being funded by overtime. This allows me to stop with the sin taxes for lottery tickets etc., which are just a bit of fun from my personal spends.
• This, in turn, allows the present monies used for larger OPs (has been c. £400-500 a month) to be redirected to Home Improvements. I'm already doing this.
• Overtime is also now funding our Holiday budget, which is calculated on an average basis as per all things YNAB, currently IRO £265 a month (taken after tax).
• The remainder of overtime was about £65 (after tax). I've paid this into my ISA in recognition of the fact that we're pension heavy, ISA light.
• This still leave c. £3,000 in wages to pay for my share of everything else, so I'm not artificially skinting myself.
  
  Thank you for coming to my ed talk   

KajiKita

Suffolk_lass said:

What about this one? Albeit the IPM one is all Spitfires for 2026

Thanks for the thought - unfortunately this is all modern vehicles.

KK

rtandon27

edinburgher said:

• ...Thank you for coming to my ed talk   

Ah Ed - that did make me smile 😊  Much needed today!

edinburgher

£6.44 OPed. 

I have no other interesting news, best go do some work!