📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Stopping the backsliding… a family of four no longer living beyond their means

1697072747592

Comments

  • Sarahwithlove
    Sarahwithlove Posts: 3,347 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper
    Great plans for the year and seems the regular meetings are working well for you. 

    I'm not a massive fan of all inclusive find the meals are very similar and aimed at people drinking lots orly alcohol. We always did half board as kids on holidays. 
    *Dad loan - £5300 - £7200
    *Virgin Credit Card - £3552.50 - £0
    *Natwest - £1828.35 -£0.00

    Barclaycard - £2315.25 - £0.00

    Creation Finance - £960.32 £840
    *Total debt - £8040/£11641.17*


    Savings
    *Savings Buffer - £100/£1500
    *Emergency Fund - £1500/£1500


    New diary- https://forums.moneysavingexpert.com/discussion/6474943/the-three-cs-coffee-clothes-credit-cards/
  • MFWannabe
    MFWannabe Posts: 2,458 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Personally I would say with children All Inclusive is worth it; it’s hot and the drinks are constantly available; cost can really stack up if you have to buy drinks; ice creams etc 
    MFW 2025 #50: £1139.75/£6000

    12/06/25: Mortgage: £65,000.00
    07/03/25: Mortgage: £67,000.00
    18/01/25: Mortgage: £68,500.14
    27/12/24: Mortgage: £69,278.38 

    27/12/24: Debt: £0 🥳😁
    27/12/24: Savings: £12,000

    07/03/25: Savings: £16,500

  • fionaandphil
    fionaandphil Posts: 452 Forumite
    Part of the Furniture 100 Posts Photogenic Name Dropper
    We found with the AI and 'child friendly' place we did that it meant that the kids were shuffled off to kids club after breakfast and that the adults then started drinking from about 11.  By 3/4 when we got back from the beach the floors were sticky and a lot of people worse for wear.  The parents weren't in a great state by the time the kids came out of the clubs at 5 and were then irritable from drinking all day.  We had a two week break and I could have happily gone home on day 4.  We ended up going out after breakfast and staying out all day to avoid it - it was the last package holiday we did and worked out one of the most expensive trips we did.

    Everybody is different and you have ot choose what is best for you and your family - good luck with the searching!  I hope you find something really fun x
  • MFWannabe
    MFWannabe Posts: 2,458 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Love Rhodes 🌞
    I think you should go with Reds choice because normally it is you doing all the finding and booking I believe? He seems to have really taken this ‘challenge’ on board so would be nice to go with his suggestion 
    MFW 2025 #50: £1139.75/£6000

    12/06/25: Mortgage: £65,000.00
    07/03/25: Mortgage: £67,000.00
    18/01/25: Mortgage: £68,500.14
    27/12/24: Mortgage: £69,278.38 

    27/12/24: Debt: £0 🥳😁
    27/12/24: Savings: £12,000

    07/03/25: Savings: £16,500

  • I used to always go all inclusive when it was my eldest son and I holidayed together (before the other two came along). I would take a friend/sister/ cousin with me too and we'd get whatever was last minute cheap. (Think Teletext days 😆🤣) And we always had fun. My DS could eat eat eat and shovel ice cream in all day. I got to read a book by the sea and he played in the sand all day whilst feeding himself so much he made it worthwhile going 🤣 I never noticed all the drunk people at the resorts we went to? We went to Tunisia, Spain, Greece etc and always had great fun. He wasn't a fan of kids clubs but he went voluntarily a few times. I think you should try it just once and see if you like it.

    Good luck setting the budget for next Christmas 🤞🏻 hopefully that will go down well with family and they're secretly all thinking the same as you.
    MORTGAGE BALANCE when we moved Aug 2024, £120,000. January 1st £118,267.06. May 1st, £116, 123, June 1st, £115,536, New mortgage added for extension- £165,000 July 1st!
    Mortgage Overpayments - September-December, £152.46. J- £103.27, F- £115, M- £91.50, A- £100, M- £200, J- £200. J- £200. Aug-£200.
    Total- £1362.23
    Goal pay off 1% of current mortgage in 1 year. £1650

    EF- first goal £300
  • Bluegreen143
    Bluegreen143 Posts: 3,704 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 5 January at 2:25PM
    zcrat41 said:
    Enjoying your updates - you are so organised!!! 

    My kids are slightly older than yours and we are really noticing the whole paying for 4 thing versus when one under 2 would go free. We’ve just got back from having a few nights away (I wonder if it’s near you based on a previous post - ‘twas Hydro related!). Brilliant fun but when a diet Coke is £3.95 in the hotel multiply that by 4 and crikey we can spend a lot. No answers or suggestions I’m afraid, just solidarity!  
    I meant to reply to this - there are a couple of Hydro this could have been, but if it’s the one I’m thinking of, it is quite expensive - I’ve been there a couple of times! 

    I’m guessing that the cost of holidays will only grow as our children do too, given that teenagers eat more and possibly want to do more expensive activities. 

    Today’s plan 

    We have an impromptu playdate here just now - my friend has dropped by with her two and a child she is babysitting. 

    I’ve done pesto pasta, carrot sticks, apple slices and grapes for everyone as a very easy lunch for a crowd and let them all take a pick from the Christmas chocolate/treat box. (I hasten to add, my friend wasn’t expecting me to feed them all, I offered as had to feed myself and the kids anyway!).

    Next up we’re going to see Mufasa at the cinema which I’m looking forward to! The kids have been told that they may buy a pick n mix with their own money. I’m personally taking a couple of mini dark chocolate bars I got for Christmas. We’re going to combine the cinema with a trip to the nearby library too. 

    Dinner tonight is chicken burritos with salad and we have a Tesco delivery tonight which we’ve managed to keep to the £70 budget for the second delivery in a row 😇. This is £70 twice a week, so I’m aware it’s still a huge grocery budget compared to some, but represents a big saving for us if we keep to it over the whole month. 

    My mum and sister have agreed to a Christmas cap on spending but want to set the budget to £100 per couple you’re buying for (or £50 per person if it’s separate gifts for each individual) whereas I’d suggested £30 per person. Think I’ve been overruled as they both agree with each other! Still a reduction on what I spent this year at least. I worked out I spent £78 on my mum and a whopping £91 on my stepdad this year and some of it was flustered panic buying for sure 🙄. All stuff/experiences they will use but I never intended to spend so much but kept worrying it didn’t look like enough.
    Part time working mum | Married in 2014 | DS born 2015 & DD born 2018

    https://forums.moneysavingexpert.com/discussion/6542225/stopping-the-backsliding-a-family-of-four-no-longer-living-beyond-their-means/p1?new=1

    Consumer debt free!
    Mortgage: -£128,033

    Savings: £6,050
    - Emergency fund £1,515
    - New kitchen £556
    - December £420
    - Holiday £3,427
    - Bills £132

    Total joint pension savings: £55,425
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.4K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.