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

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Comments

  • Watty1
    Watty1 Posts: 8,216 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: 6,690 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic

    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 feelfeeling 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 - Dec 2039 (reduced by 21 months)
  • foxgloves
    foxgloves Posts: 13,311 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!
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