Munchin’s intentionally living with less diary (Part 2 as part 1 crashed and burned)
I disappeared for a bit because life got in the way and in my previous diary (which I only began at the beginning of the year) I had said that my main aim in 2022 was to stop my wasteful spending/frittering and to have both an emergency fund and about £4,000 in a rewire my house fund. Well I set fire to those goals and I’m back with a ‘new to me’ car and a loan to pay for it.
I also started to do up my living room and ended up also doing up the hall – new flooring, skirting boards, paint, furnishing etc. So I raided the emergency and the household funds for the housing updates and then jumped from the highest point into a loan for a car. My old beloved car died… I could have paid an exorbitant amount to fix it (even with my brother doing the work the parts were the expensive bit) or I could have got a small loan and pootled about in a make do for now car. I didn’t do any of that and bought the car I’ve always wanted but at the cost of a loan at 5.1% interest. I know I can pay it off but I’m frustrated that I’m 1 step forward in this journey and 10 back.
I am 50 in just under 2 years and I would love to be debt free again by that point.
My current debt is:
Car £11,000 + 5.1% interest = £12,507
I want to replenish my emergency fund and have £3,000 in it by the end of the year. The rewire the house fund is going to have to take a back seat until these 2 goals are achieved. I have 2 months of big birthdays coming up and it is going to be super expensive but I just want to get my head down and throw overpayments at this debt.
I have no excuses to spend money on anything but necessities, but this is me and I’m attracted to shiny quirky things…… I’m here to try and be more accountable.
Thank you all for your support
Did you know there's an MSE app?
It's free & available on iOS & AndroidMSE App
Regifting: good idea or not?
Add your two cents to the discussionMSE Forum
Energy Price Guarantee calculator
How much you'll likely pay from AprilMSE Tools
More than a third of IVA`s fail....fact.
Could A Debt Relief Order help you ?
Never pay a fee for a Debt Management Plan.
For free non-judgemental debt advice, contact either : Stepchange, National Debtline, or CitizensAdviceBureaux.
Campervan paid off summer '21... MFW progress tbc
So, tomorrow and Friday the things I would like to cross off my list are:
So yesterday things didn’t go as well as I had hoped. My Mum was sick and my work was incredibly intense - so I only managed a bit of decluttering but it’s a start. I don’t usually work on a Friday and I’m a morning person so will get started cleaning, tidying and decluttering soon. I have beauticians appt at 10, another appt at 12 and Good Friday service thing at 3pm - so I will do what I can in between appts.
Life update - so In previous threads i mentioned that I am a slow plodder runner with a dodgy knee. 3 weeks ago I ran/walked a marathon for the first time in about 14 years. I was slow but so happy to finally run without knee giving up and raise charity money. It wiped me out but now feel so positive. Friend has sent me details of a running challenge next year …. Something to look forward to and aim for.
Money update - spent £24 on Groceries y’day but it was all planned. Today should be £25 at the beauticians.
Future goals - I’m already planning on goals for May … will have to give it a think. I will join the NSD challenge and see if there are other ones that would work for me. First goal - for me to be debt free by my 50th birthday in 20 months I need to find £625 a month…. Yikes 😱…if I stopped frittering I could make some in roads.
my pup is snoring here beside me … don’t think he has any plans today 🐶😊
All appointments kept but ended up spending £35 in Tescos which wasn’t planned but also wasn’t frittering. I had a massive sort of my smellies and bedroom cupboards - I have 2 or 3 of everything such as deodorants, hair mouse etc. At least I have no reason to buy beauty products/smellies for a long time but it was a bit embarrassing.
I nearly have the house ready for Easter and I just have to prepare spare room for sister and her family but will do that tmw.
Back in to work today and not really in the mood for it. So spending wise it was fine over Easter, lovely to spend time with my family and just potter about.
Today has been an NSD...finally. I had mini spends over the Easter break such as picking up the paper for my Mum and paying for parking yesterday. Nothing major just a spend that rules out an NSD. Tomorrow should be another NSD but Friday I am meeting a friend and we are going to the cinema and dinner. I'm at a conference all weekend so hopefully that will be 2 NSDs because it is all paid for. Wish me luck