Money Management Consultants?

bovrilbadboy

Kakiste said:

I find with ADHD- post it notes are incredible for organising yourself and also doesn't seem as overwhelming as ledgers/notebooks etc. 

It's brilliant that you've realised you need to change your mindset before you got yourself into debt. I ended up with £50K of debt and it's taken me years to get back into 'only' 4 figures of debt.

Well done on heading down to 4 figures! I once lived a lifestyle that was very stressful financially and I found it ruled my life in totally negative way. 

I hope you clear the last part quickly and keep that mindset to get some “financial safety” behind you. 

I will look into post it notes and the thought process behind it, thank you. 

kimwp

bovrilbadboy said:

Sorry for the delay in coming back to you all. 

Firstly, thank you for the helpful comments, even the “common sense” post is accepted but not actually that helpful in terms of answers lol. I am looking for processes here to change my mindset but I get the core point. 

So this will come across bad but this is why I am kind of asking for help. I’m not in actual debt, but I can’t account for £30,000 these past 12 months really. My credit card is clear and I’m in zero debt, it’s about saving and making progress. 

My living costs per year are around £35,000 NET, £6k on school fees for my daughter and the rest I am wanting to save. My man maths says that I need £60,000 a year gross to live and I earn around £110,000 gross, which in net terms is £70,500. Meaning I should be saving £29,500 a year. I don’t have holidays, I don’t really drink much, I don’t smoke, I keep healthy, my car I bought outright but basically I am not moving forward since being single. I literally work and then look after my daughter, that is 99% of my life. Whilst sounding very boring, I do get a huge emotional reward for being involved with my daughter, something which I enjoy throughly. 

I have severe ADHD so writing things down is actually more difficult than one thinks, for me personally. So whilst I don’t think I am thick, I certainly struggle in aspects of life where others wouldn’t. 

I know I can lower my food bill significantly but that’s the easy part, it’s about learning a technique that really makes a difference. 

Suggest the first step is figuring out where the £30,000 went - you need to go through your accounts for the last year.

I'm not sure it's advantageous to switch back and forth between net and gross income and could lead to confusion or a mistake - best to just stick to take-home pay and your spends.