10 years to clear £334K - our FIRE journey

savingholmes

Hope the redundancy situation resolved in his favour.

CCW007

Thank you, it will be what it will be.

Lovely day out yesterday, we did have lunch out but no ice cream as the parlour was closed, free NT visit which was thoroughly enjoyable.

CCW007

Oil tank full, credit card also full

KajiKita

CCW007 said:

Oil tank full, credit card also full

But at least the tank is full BEFORE you need it and everyone else wants it and you can’t get a delivery for two weeks …. 

KK

CCW007

Good point KK, glad it's sorted before any cold weather head out way.

Pay day, money shuffling.

KajiKita

Hope the money shuffling was satisfying 😊

KK

CCW007

Credit card statements downloaded from March 2023 onwards and analysed.  Very enlightening and not in a good way.  OH seems on board that we need to cut costs. We've been spending as much if not more than we earned and now know where.  No wonder numbers haven't been coming down.

Budget done for bare minimum if he lost his job, including cutting all pension contributions (even salary sacrifice) so at least we know we would get by.

Hopefully have a less spendy month now we're both a bit more aware, however credit card bill just generated means no reduction in overall debt to be expected at end of October so any savings we make won't be realised until end of November.

savingholmes

Good that you now know where you need to amend your spending. You can only go from here as they say.

CCW007

Indeed, really eye opening when we saw the numbers in the spreadsheet.  What you don't measure you can't improve so we're in a much better position already.

Day off on Monday and out for the day - train tickets booked and lunch will be using a gift card so minimal spends

Better not mention that I'm out for lunch with friends tomorrow though

CCW007

Fantastic day out yesterday, was good to get away and relax.  Need to do more of that, there will always be things to do here but we need to downtime as well.

Got a good rate on balance transfer (3% fee) and money transfer (3.5% fee) with existing card so maxed it out - paid off last month's monster CC bill and BT the remaining balance so that will help with filling the ISA (4.9% interest) - went for a flexible rate in the end so we can access if we need to but this cash injection will mean that is less likely, however I'm pleased to have the flexibility; even if the fixed rate was a bit higher, I'm still making tax-free interest.