Dreaming of being Debt Free

Debt_Smashing

So managed to get the back pay. Was round £700 extra (after tax). The way they calculated it then added it was so strange tho. Almost deliberately confusing? I'm not sure. Like they added stuff then removed it. Anyway it was an unexpected surprise. So I've moved £500 of it to savings. Or it will just get spend on rubbish, and to refill the pots I spent extra on while away. Might put more in.

So from the first of August. Our holidays will be paid when we are off. Hopefully that's a good thing.

I've also filled the car fund this month,.and re-started the caravan fun. £35 a month for next 11 months (will put double in this month to get it going). And put a spends one for the other holiday we have, it's all inclusive so shouldn't need too much.

Debt_Smashing

S.O.A August 26

Income

£2700

Outgoings

Car tax - £3.06

U.C - £0

Car insurance - £57

Internet - £44

Union - £18

C.C - £0

Gas + Electric - £137

Water - £116

Loan - £241

Insurance - £22

Mobile - £39

Rent - £500

Diesel £120

Vapes - £32

New bed - £0

Holiday - £0

Caravan - £0

Money to savings - £800

Total

£2129

Debt August 26

Overdraft - £0

U.C - £0

C.C - £0

Loan - £2412

Savings August 26

Emergency fund - £4500 (0 - 3 months worth)

Emergency fund 2 - £1 (3 - 6 months worth)

Car fund - 1000/1000 (+£100pm)

Float fund - 300/300

Child 1 future fund - 252/will add 25pm

Child 2 future fund - 252/will add 25pm

Xmas - 356/500 (+41.60pm)

Birthdays - 302/400 (+33.33pm)

Glasto 2027 - 1/1200

Cash for an ISA - 175/will add £25pm

UK short break 2027 - 70/420 (+35pm)

Ring repair - 50/150

Guilt free money - 34

Holiday spends - 175/175

Debt_Smashing

Managed to move a little extra over to saving.

But had mot this week. Failed.

So £50 on that, and the work to get it up to scratch is approx £129 plus vat. So booked that in, and could relax.

Only problem is drive home something's happened to the clutch. Had a faint vibration on it since came home 2 weeks ago from caravan, asked them to have a quick look while was on MOT. They didn't. Anyway on way home it stopped. Great, then it started with a whirling metal on metal sound. Think it's the duel mass wheel , so might be going from a £200 fix to a £1200+ fix. Lucky I have the car pot but it will be completely drained if it is. Feel bit f~ed off of it is as I've saved hard to top that off to where I felt comfortable, and it could be all gone.

Anyway that's where I'm at right now. So I'm not driving it, be 8 more days till can look at it as nothing sooner. Then prob another wait for clutch.

Dakota_Rose

You seem to be doing well with the savings and it’s always frustrating when a car issue hits it hard. But, you have a car pot which is a lot more than some people have so you won’t go into more debt having it fixed. Fingers crossed it’s not as an expensive repair as you fear 🤞.

Debt_Smashing

Ended up being £625, and nearly a 3 weeks without the car.

But your totally right,.I did have savings for it so that was an amazing position to be in. Sacrificed to build it, but it done its job.

Also had a nightmare with the holiday too. Got caught up in the air traffic control chaos, whole holiday got cancelled while waiting at the airport.

peb

That is truly horrible. So sorry

Debt_Smashing

It's ok.

Ended up booking one in the airport when we finally got our bags back from the plane.

Last min so choice was limited and had to be leaving in the next 18hrs or wouldn't have had enough time with work. Ended up being lovely , but a different country and different airport.

Still waiting for it to be fully refunded. And lost money on taxis.

Debt_Smashing

So pay day has rolled around again.

Scrapped old car and put that money into the car fund plus an extra £200 to build it up again.

S.O.A October 26

Income

£2180

Outgoings

Car tax - £3.06

U.C - £0

Car insurance - £57

Internet - £44

Union - £18

C.C - £0

Gas + Electric - £176

Water - £166

Loan - £241

Insurance - £22

Mobile - £39

Rent - £500

Diesel £120

Vapes - £32

New bed - £0

Holiday - £0

Caravan - £35

Money to savings - £300 + extra £200 car

Total

£1954

Debt October 26

Overdraft - £0

U.C - £0

C.C - £0

Loan - £1929

Savings October 26

Emergency fund - £4500 (0 - 3 months worth)

Emergency fund 2 - £1 (3 - 6 months worth)

Car fund - 902/1000 (+£100pm)

Float fund - 300/300

Child 1 future fund - 303/will add 25pm

Child 2 future fund - 303/will add 25pm

Xmas - 442/500 (+41.60pm)

Birthdays - 370/400 (+33.33pm)

Glasto 2027 - 1/1200

Cash for an ISA - 226/will add £25pm

UK short break 2027 - 138/420 (+35pm)

Ring repair - 50/150

Guilt free money - 48