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Next steps; grip-relaxing bimbling, and avoiding the temptations

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Comments

  • Watty1
    Watty1 Posts: 8,294 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker

    I love the beekeeping diary 😊

    My food spends usually out of control but impressively low last month due to freezer stash.

    Made it to mortgage free but what a muddle that became

    In the event the proverbial hits the fan then co-habitees are better stashing their cash than being mortgage free !!
  • rtandon27
    rtandon27 Posts: 6,786 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 7 May at 9:38PM

    Looking back to 10 years ago, our food spends are routinely 20% more than what we spent then. We were both working full time and did not shop for bargains as a matter of course. We also had a seperate date night budget for one meal out during the week and coffee/cake on the weekend, which is now reduced by 75%. Compared to pandemic, we are a good 30% lower for groceries than what we spent during lockdown & wfh days (we were on one salary but no travel expenses) - which for us was about 1.5 years. What we do now is consiously hunt out bargains, and choose budget eating as a matter of course, so on one salary and one pension we don't feel deprived, and eating out feels like a real treat as it is so infrequent. What we have noticed is that eating out has more than tripled since 10 years ago, so we don't get much for our money or end up feeling like we have overspent!

    4 YEARS 10 MONTHS DEBT FREE!!! (24 OCT 2016)
    (With heartfelt thanks to those who have gone before us & their indubitable generosity.)
    ...and now I have a mortgage! (23 AUG 2021)
    Original End Date - Sept 2041 New projection - Sep 2038 (reduced by 3 years)
  • foxgloves
    foxgloves Posts: 13,383 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper

    Agree on eating out, @rtandon27 - A recent example here was 2 cappuccinos & a single shared cinnamon bun at over £11. That just feels like a lot, doesn't it?

    2026's challenges: 1) To rebuild our Emergency Fund to at least £5k.
    2) To read 50 books (12/50) 3) The Re-Shrinking of Foxgloves 8.1kg/30kg
    Remember....if you have to put it on a credit card, extend your overdraft or take out a loan to buy whatever it is, you probably can't afford it, as that's not your money, it's somebody else's!
  • Watty1
    Watty1 Posts: 8,294 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker

    Agree on eating out, one slice of cake, a cup of tea and a coffee and the bill was £12. I was shocked! I usually just have a pot of tea when out at a cafe!

    Made it to mortgage free but what a muddle that became

    In the event the proverbial hits the fan then co-habitees are better stashing their cash than being mortgage free !!
  • foxgloves
    foxgloves Posts: 13,383 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper

    Yes, rising prices in coffee shops are really very noticeable now, aren't they? We like to support our local indies but we are not the very frequent customers we once were.

    2026's challenges: 1) To rebuild our Emergency Fund to at least £5k.
    2) To read 50 books (12/50) 3) The Re-Shrinking of Foxgloves 8.1kg/30kg
    Remember....if you have to put it on a credit card, extend your overdraft or take out a loan to buy whatever it is, you probably can't afford it, as that's not your money, it's somebody else's!
  • rtandon27
    rtandon27 Posts: 6,786 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 7 May at 12:25PM

    We make use of our Garden Center monthly coffees and my health care plan free coffee to keep spends low! 2 coffees and two sweet treats in our neck of the woods can be 20 to 22 pounds! YIKES - for work I now use coffee capsules - at 25p to 30p each - use my own favorite mug and the aluminum gets taken back to the shop for recycling so no waste!

    4 YEARS 10 MONTHS DEBT FREE!!! (24 OCT 2016)
    (With heartfelt thanks to those who have gone before us & their indubitable generosity.)
    ...and now I have a mortgage! (23 AUG 2021)
    Original End Date - Sept 2041 New projection - Sep 2038 (reduced by 3 years)
  • Merlin's_Beard
    Merlin's_Beard Posts: 1,769 Forumite
    Ninth Anniversary 1,000 Posts Photogenic Name Dropper

    Impressed by the lack of increase in food budgets - mine has doubled since 2019 when, in addition to pre-pandemic times, I was saving hard for a house.

    Start mortgage date: August 2022; Start mortgage amount: £240,999; Original mortgage free date: August 2056
    Current mortgage amount: £224,460.73
    Start student loan 2012: £29,750; current student loan: CLEARED July 2025
    Unread owned books Jan 2026: 256
    Undone crafts 2026: +1
  • thriftmonster
    thriftmonster Posts: 1,839 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic

    I'm going to the cinema at lunchtime to see the Sheep Detectives. I don't see the need to eat in the cinema apart from maybe a boiled sweet but the offers on food to go with the ticket ranged from £9 to £18.75 !!

    “the princess jumped from the tower & she learned that she could fly all along. she never needed those wings.”
    Amanda Lovelace, The Princess Saves Herself in this One
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