Pulling my frugal pants on.

ladybird1106

We have 13yrs and £46,000 left on the clock and our mortgage is up for renewal. We have £7000 in saving, so will use that to offset it. So we are looking at £40,000 plus interest which such a lot of money. 
Goals
1) Record money spent, saved and extra money earnt
2) Be as frugal as possible.
3) Maintain as sense of humour.

ladybirdx

northwalesd

Best of luck @ladybird1106

LeighofMar

It's so exciting to be under 50k. It'll be gone before you know it.

Richard1212

You sound comfortable, ladybird. A lot of folk would trade place with your financial position. Good luck and best wishes..

South_coast

Good luck ladybird 🐞 Maintaining a sense of humour is probably the most important part!

ladybird1106

hmmm i didn't quite get round to posting due to life getting in the way. It has been an expensive couple of weeks due to DH car needing new tyres etc, insurance and tax all in one week. My car insurance wouldn't insure my car due to having a hoist fitted( they have reimbursed me) so ended up with paying more, as insurance has gone up since June. Luckily we had been squirrelling money away to pay for the usual suspects when it comes to cars for the past year.

DH is due for a pay rise which although isn't in line with inflation etc its not to be sniffed at. It will cover the gap left by CB, which is stopping soon.

Just checked how much additional we can pay towards the mortgage and will transfer that asap. Which will mean that we will pay less each month until the new deal starts in March. A bit concerned as the mortgage broker said we would need to include our CTC in our info to send to the bank otherwise we might not get a new mortgage!!!!!!!! as our outgoings are high. I don't think they are high in fact in comparison to the majority of the people we know our bills are quite low. I'm flummoxed. I've been over our budgets countless times and really don't know where else we can cut if that's the case. We are never over spent, rarely go out, have no debt, sooooooo............???????

Anyway frugalness is back on the menu
1) Using natures tumble drier.
2) Have not been and bought oodles of chocolate to shove in my face.
3) Free exercise with Miss Giddychops.
4) Temp Christmas job (which will pay for squidmass) have just rung to arrange induction day whoop whoop. Quite nervous about this as I have not worked for 16 years due to been youngest full time carer.
5) Tea will be rubber chicken curry for youngest and the rest of us will be having squash risotto. (Ingredients from the plot - squash, onion, garlic and sage).
6) Toilet roll squashed (not sure if this stops reams of it been used in one go)
7) Meal plan complete, shopping from the plot, cupboards and freezers first.


love 🐞

ladybird1106

Reasons to be grateful today. 
1) No rain, so got washing dry on the line
2) Miss giddychops not fazed by the fireworks.
3) Results from tests came back clear.
Love 🐞

ladybird1106

Last overpayment on mortgage paid this morning. Currently stands at £42,201.51. The £2,201.51 is covered by our savings ,so we are on target for the end of March. Email from mortgage to say our monthly payment has reduced by £40 a mnth due to lump sum. It will mean that we will have no EF so that's next thing to be targeted. Not sure how much is a good EF. Think I need to calculate DH wages by 3.
Love 🐞

badmemory

I would just like to confirm that squashing the toilet roll does work.  In fact in this house after a length of time the squashing actually became unnecessary.  As for the EF, anything is a good start but x3 is good.

South_coast

You might be better off aiming for 3 months of expenses rather than income. Assuming you don't spend 100% of your income on bills, you've probably got discretionary spending you could cut out if the SHTF and you only had the EF to rely on for money

ladybird1106

Thanks badmemory and southcoast, that gives me a good figure to aim for. 
Been a very lazy day as its just rained here for the majority of the day.
Frugalness
1) Thermals on, resisted putting the heating on till 3.
2) Free exercise with miss giddychops
3) Tea is bottom of the fridge concoction - pasta bake which I froze last week.
4) Youngest is having leftovers for tea.
5) Excess wax from candles scooped up and will made into new candles at some point
Hopefully tomorrow will be dryer
Love 🐞