Five Year Fix, Five Year Plan

Merlin's_Beard

South_coast said:

That sounds like my Mum, who proudly told me she'd got marriage tax allowance sorted in less than 5 minutes....about four years after I said they should claim it 🤦‍♀️🤦‍♀️🤦‍♀️🤦‍♀️🤦‍♀️ Funnily enough, I think that was prompted by seeing ML on TV too!

But the best one was BF asking why I was bothering overpaying my mortgage, as "We'll be on negative interest rates soon" (2020) All together now: Hahahahahahaha 🤣!

Oh don't, my mum hasn't worked for 40 years and I've never managed to persuade them to do anything about that! If they ever do it will be entirely their idea and not prompted by me, because I'm only a child.

I hope your BF made a lovely meal out of those words that he had to eat

killerpeaty

Decision fatigue is so real. The good thing with a dining table is that you don't really need one like you need a bed so if you don't see one you really like, you don't have to buy it. It's too easy to buy something for now.

Love that your mum is looking out for you, even if it's not necessary!

South_coast

Merlin's_Beard said:
I hope your BF made a lovely meal out of those words that he had to eat

No, that would have required him listening 🤣! He still thinks I shouldn't have paid off my student loan, because it would have been wiped off ("No, not until I'm 64"). Even after I sent him a photo of the T&Cs he still wouldn't accept that I might have been more knowledgeable about what they said than he who had never seen them before 🤦‍♀️!

Merlin's_Beard

South_coast said:

Merlin's_Beard said:
I hope your BF made a lovely meal out of those words that he had to eat

No, that would have required him listening 🤣! He still thinks I shouldn't have paid off my student loan, because it would have been wiped off ("No, not until I'm 64"). Even after I sent him a photo of the T&Cs he still wouldn't accept that I might have been more knowledgeable about what they said than he who had never seen them before 🤦‍♀️!

I sometimes say of my mum that if she says the sky is green, it's generally easier to paint the windows than it is to change her mind...!

South_coast

Ha ha, I love that 🤣🤣🤣!

rtandon27

OMG MB - do we have the same mom?🤣

LadyWithAPlan

Luckily my parents are a bit more switched on .. however they do listen to me ...on  most financial things..  not sipps but  I pushed them to pay off the house in the last few years 10% etc  so at least that was done..

However my ex I could see was just heading into a disaster of  increasing costs of an serviced apartment property investment (as the new build completion date kept being delayed by 10 months just as mortgage rates went up ) whilst also  renting and paying child support - his maths/monthly  proposed budget  made me feel nervous as if he didnt get 80% occupancy it would be a  financial disaster  .. and he was getting so stressed by it he became unpleasant  even the EA said noone had ever been that rude to him! ... I did try giving advice ... no clue how it ended up but  I cant imagine well  - and a lucky escape methinks... I have friends who leverage debt and I am a pansy compared to them.. I sleep well though ...

savingholmes

Merlin's_Beard said:

South_coast said:

Merlin's_Beard said:
I hope your BF made a lovely meal out of those words that he had to eat

No, that would have required him listening 🤣! He still thinks I shouldn't have paid off my student loan, because it would have been wiped off ("No, not until I'm 64"). Even after I sent him a photo of the T&Cs he still wouldn't accept that I might have been more knowledgeable about what they said than he who had never seen them before 🤦‍♀️!

I sometimes say of my mum that if she says the sky is green, it's generally easier to paint the windows than it is to change her mind...!

That is fab - I can think of a few people that applies to.

rtandon27 said:

OMG MB - do we have the same mom?🤣

Love it.

Did you really mean £120 for a 5GB USB as that would be ultra expensive? You'd be better getting a much bigger SD card from Am**** and even paying for an adaptor than paying that.

Merlin's_Beard

LadyWithAPlan said:

Luckily my parents are a bit more switched on .. however they do listen to me ...on  most financial things..  not sipps but  I pushed them to pay off the house in the last few years 10% etc  so at least that was done..

However my ex I could see was just heading into a disaster of  increasing costs of an serviced apartment property investment (as the new build completion date kept being delayed by 10 months just as mortgage rates went up ) whilst also  renting and paying child support - his maths/monthly  proposed budget  made me feel nervous as if he didnt get 80% occupancy it would be a  financial disaster  .. and he was getting so stressed by it he became unpleasant  even the EA said noone had ever been that rude to him! ... I did try giving advice ... no clue how it ended up but  I cant imagine well  - and a lucky escape methinks... I have friends who leverage debt and I am a pansy compared to them.. I sleep well though ...

That sounds like a nightmare. I had an ex who was never that serious, and a huge part of that was me watching his spending and his fancy PCP cars and the margins he lived by and deciding that it didn't have a future!

I'm being harsh on my parents - they're really good at the basic basics - they spend less than they earn, they overpaid their mortgage by keeping the same payments when interest rate dropped, my dad has a good pension.

But it's all the extra bits that no one tells you about that they have no clue about, and they prefer to ignore them (and it drives me, a person with a working internet connection and a knowledge of how to google things, nuts). 

killerpeaty

LadyWithAPlan said:

Luckily my parents are a bit more switched on .. however they do listen to me ...on  most financial things..  not sipps but  I pushed them to pay off the house in the last few years 10% etc  so at least that was done..

However my ex I could see was just heading into a disaster of  increasing costs of an serviced apartment property investment (as the new build completion date kept being delayed by 10 months just as mortgage rates went up ) whilst also  renting and paying child support - his maths/monthly  proposed budget  made me feel nervous as if he didnt get 80% occupancy it would be a  financial disaster  .. and he was getting so stressed by it he became unpleasant  even the EA said noone had ever been that rude to him! ... I did try giving advice ... no clue how it ended up but  I cant imagine well  - and a lucky escape methinks... I have friends who leverage debt and I am a pansy compared to them.. I sleep well though ...

I thought it was quite difficult to buy an investment property if you didn't own your primary residence?