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  • FIRST POST
    • SmarterNotHarder
    • By SmarterNotHarder 26th Feb 17, 9:10 PM
    • 248Posts
    • 1,414Thanks
    SmarterNotHarder
    All change, All change
    • #1
    • 26th Feb 17, 9:10 PM
    All change, All change 26th Feb 17 at 9:10 PM
    So, some time ago, I got out of debt and set myself a 20,000 house deposit goal. True to life, I got there some years on, only to find that I'm to be made redundant this year, so all thoughts of housebuying went out of the window.

    Ok. I have kicked myself for not getting to the goal sooner, as I've frittered away money on life and expensive holidays, but I don't regret that too much. Such is life, indeed it could be a blessing in disguise as now it means I'm not tied to my home area.

    (Yes yes, I know, I never was, I could have looked for a job elsewhere anytime I wanted)

    So this diary is a bit of a mash up of various things, but in the end I felt it fitted best here (apologies if not, and feel free to move if neccessary).

    Of course, the prospect of being out of work, having no debts and no other commitments (live with parents, no kids etc), and having some savings, means that my head has filled it self with exotic travel ideas that simply wouldn't be possible in the parameters of annual leave available from a workplace. I will do *something*, but I intend to plan well for it.

    I'm also looking forward to having a few weeks "off". To do nothing. To sleep, to sort the house out properly, as there are loads of jobs that we never get round to as we're all at work and have other priorities at weekends, and spending annual leave sorting it would make me unhappy.

    I also live in a UC area, which means I don't think I'm entitled to any benefits when I finish work due to my savings, so I want to find ways of "earning" enough to live on (pay some board to parents even if it's not the same amount and a bit extra for me) without dipping into the savings while I look for a job.

    Stuff like temping, ebaying (though I have as yet never sold on there), Cashback sites (I regularly use these to do the parents' insurance, utilies etc - I get to keep the money, they get to save without having to do the legwork, win-win) counts, and I'm sure I'll come up with other things.

    I'm also getting on board with being less of a "consumer" and interested in being better to the envioronment, and this fits well with the moneysaving ideals so I may occasionally record achievments and/or failures in that regard here. I need to learn to sew amongst other things.

    I also need to get my stuff sorted out, either for travels or for moving for work, so there will be general decluttering, mending etc going on.

    So there it is. It's all been going round in my head for a bit, so it's a relief to get it down

    Hi there!
Page 1
    • savingwannabe
    • By savingwannabe 27th Feb 17, 8:57 AM
    • 14,140 Posts
    • 47,612 Thanks
    savingwannabe
    • #2
    • 27th Feb 17, 8:57 AM
    • #2
    • 27th Feb 17, 8:57 AM
    Welcome. You sound pretty smart to me and you will fit in.

    I didn't know anything about selling on ebay but I started about 5 years ago as I had loads of good cds and did ok. Then I did clothes last year. Then make up. Now I don't have anything left to sell. lol. It was quite ok. I didn't make a profit but decluttered with some money.

    Happy selling. Tip: wait till there is an offer which says no ebay fees then sell cheaper stuff. When they send you an offer to sell things and only pay 1 in fees etc then sell expensive stuff.
    Christmas Fund 208 No spend month?
    • SmarterNotHarder
    • By SmarterNotHarder 27th Feb 17, 5:35 PM
    • 248 Posts
    • 1,414 Thanks
    SmarterNotHarder
    • #3
    • 27th Feb 17, 5:35 PM
    • #3
    • 27th Feb 17, 5:35 PM
    Thanks for the selling tips

    My mission currently is to stop buying *things*. It's harder than it should be! Saying that, I've had more NSDs this month than in any other month ever, so that's something.

    Anyway plans for this evening include making a pack up lunch for work tomorrow to stop me buying, and then having a bit of a pamper session and actually *using* some of the georgeous products I have. Fancy that! I mean, looking at my stash you'd think they were collectables or something, heh.
    • savingwannabe
    • By savingwannabe 27th Feb 17, 6:00 PM
    • 14,140 Posts
    • 47,612 Thanks
    savingwannabe
    • #4
    • 27th Feb 17, 6:00 PM
    • #4
    • 27th Feb 17, 6:00 PM
    You fit in with us so well. It's frightening. When I joined this thread a really funny lady said we were like rats on a drainpipe with ebay!!!!

    lol.
    Christmas Fund 208 No spend month?
    • Maiden Mum
    • By Maiden Mum 27th Feb 17, 6:03 PM
    • 156 Posts
    • 385 Thanks
    Maiden Mum
    • #5
    • 27th Feb 17, 6:03 PM
    • #5
    • 27th Feb 17, 6:03 PM
    Welcome Smarternotharder. Sounds like you have lots going on there. I guess it takes something like a redundancy to make you re-evaluate everything but be careful not to end up blowing all those lovely savings that you have!
    • Skint yet Again
    • By Skint yet Again 27th Feb 17, 6:17 PM
    • 3,663 Posts
    • 19,320 Thanks
    Skint yet Again
    • #6
    • 27th Feb 17, 6:17 PM
    • #6
    • 27th Feb 17, 6:17 PM
    Hi SmarterNotHarder sorry to hear about the redundancy good luck on your journey


    Just to say a friend of mine is looking for work and she is finding employers want to know what she has been doing since leaving her last job - they don't seem to like that she hasn't been doing voluntary work and has been taking time out of the rat race !
    Balance 0% credit card 1360 748
    0% Car Loan 7500 balance to pay 1/10/19 160 1/11/19 160 1/12/19 160 finishes 1/1/2020 140.
    Emergency fund 200
    • snozberry
    • By snozberry 27th Feb 17, 7:05 PM
    • 1,186 Posts
    • 2,157 Thanks
    snozberry
    • #7
    • 27th Feb 17, 7:05 PM
    • #7
    • 27th Feb 17, 7:05 PM
    Good luck on your journey
    • SmarterNotHarder
    • By SmarterNotHarder 27th Feb 17, 9:04 PM
    • 248 Posts
    • 1,414 Thanks
    SmarterNotHarder
    • #8
    • 27th Feb 17, 9:04 PM
    • #8
    • 27th Feb 17, 9:04 PM
    Welcome Smarternotharder. Sounds like you have lots going on there. I guess it takes something like a redundancy to make you re-evaluate everything but be careful not to end up blowing all those lovely savings that you have!
    Originally posted by Maiden Mum
    That's a fair point. I plan on blowing some of them to travel, but that will be budgeted for and costed to make sure I get the most for my money. The rest will be put away somewhere I can't get at it too easily.

    Hi SmarterNotHarder sorry to hear about the redundancy good luck on your journey

    Just to say a friend of mine is looking for work and she is finding employers want to know what she has been doing since leaving her last job - they don't seem to like that she hasn't been doing voluntary work and has been taking time out of the rat race !
    Originally posted by Skint yet Again
    Don't be sorry about the redundancy, I'm not. Well not really, I'm going to miss the lovely people I work with, but it's about time something gave me a kick up the you-know-what to get out of there.

    I'm only planning to take a few weeks out to do "nothing" then I'll be travelling, more backpacking than 5* holidays, and when I return I'll temp/volunteer etc while I look for a proper job. Hopefully those few weeks won't even be noticed.

    Thank you to everyone for your good wishes.
    • SmarterNotHarder
    • By SmarterNotHarder 17th May 17, 10:51 PM
    • 248 Posts
    • 1,414 Thanks
    SmarterNotHarder
    • #9
    • 17th May 17, 10:51 PM
    • #9
    • 17th May 17, 10:51 PM
    I'd actually forgotten I'd started this oops! Redundancy looms ever closer and now is the time to bring the budget to the wire. If I can save as much as possible from every wage between now and then, that should provide a good buffer too.

    I've had 3 NSDs this week, but tomorrow I'm getting the car MOT'd and serviced so that's going to be a spendy day :P I'm also in the process of streamling my banking, making sure I'm getting the most I can from the accounts and closing the ones that don't meet my needs any more. This also involves tucking away the money I don't want to touch until I'm ready to put down a house deposit, fingers crossed!

    I have the car insurance/tax due in August, which will be paid in full and that will be the car sorted, hopefully that will be that for another year.

    Then we have the other stuff. I hope to buy some shoes tomorrow while I'm in town. This really is a need rather than a want, all mine are knackered barring the few pairs I have for "occasions" and I really hate buying shoes so wish me luck! Then I need to get on with the mending pile so I can figuure out what is still usable. I need to get a move on I think.
    • savingwannabe
    • By savingwannabe 18th May 17, 7:59 PM
    • 14,140 Posts
    • 47,612 Thanks
    savingwannabe
    Hello again!!! Well done on NSDs and on banking. Good luck with MOT I hope it is cheap. Happy shoe shopping. I find that a nightmare too. So many shoes so little money etc in my case. lol .
    Christmas Fund 208 No spend month?
    • SmarterNotHarder
    • By SmarterNotHarder 21st May 17, 12:48 PM
    • 248 Posts
    • 1,414 Thanks
    SmarterNotHarder
    Hey! Well the 11 year old car passed the MOT with flying colours. Well nearly. There was an advisory on the fron tyres, so looking to replace them as soon as I can, but it's not urgent and has to be done yesterday, so thats good.

    I think I've found one of the types of shoe I was after in M&S, butI'm going to order online as all the ones in the shop in my size were scuffed. Besides I've started a bank account switch to M&S and might as well wait for the gift card!

    Also, at the risk of sounding daft, what's a "happiness fund"?
    • savingwannabe
    • By savingwannabe 21st May 17, 2:25 PM
    • 14,140 Posts
    • 47,612 Thanks
    savingwannabe
    That's where I am supposed to save for xmas. It had 60 in it at the start of the month. Sad isn't it? Still no more big spends for me as I am going to save now.

    Well done on the car passing the MOT. I gave my M&S vouchers to my parents and they loved them! Happy spending.
    Christmas Fund 208 No spend month?
    • SmarterNotHarder
    • By SmarterNotHarder 22nd May 17, 7:30 PM
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    • 1,414 Thanks
    SmarterNotHarder
    Ah I see. Well it's still 60.00 more than there was before, and if you need to dip into it, then at least it's there in the first place!

    I'm at the weird stage of trying to make a budget where I'm trying to spend as little as possible, but don't want to "allow" spends on things I need. Which is stupid as the minute the redundancy happens that's going to get even worse.

    It's not like making a debt busting budget where you work out the least you could cope with in a given situation once all the "Must pays" are gone. That in a way feels easier. (Easier to come up with, not easier to implement if that makes sense?) How do I do it?
    Last edited by SmarterNotHarder; 22-05-2017 at 8:06 PM.
    • savingwannabe
    • By savingwannabe 22nd May 17, 8:14 PM
    • 14,140 Posts
    • 47,612 Thanks
    savingwannabe
    How about starting with a statement of affairs?

    http://www.stoozing.com/calculator/soa.php

    It might give you something to play with when everything is written down you can plan a strategy.
    Christmas Fund 208 No spend month?
    • SmarterNotHarder
    • By SmarterNotHarder 27th May 17, 6:21 PM
    • 248 Posts
    • 1,414 Thanks
    SmarterNotHarder
    Ah yes I swear I've done one of those before. Thank you for the reminder. I'll do it once I've finished moving money around so I can account for any pitiful interest that has been paid to me too


    Oh and I have replaced one pair of shoes. Some black suede boring old court shoes, but they are new, and they fit and the suede isn't ruined, and nor are the heels! It's amazing. I didn't wait for the giftcard because I got 20% off, and it would have cost me more to wait. Not bad for 20
    Last edited by SmarterNotHarder; 27-05-2017 at 6:24 PM.
    • savingwannabe
    • By savingwannabe 28th May 17, 4:59 AM
    • 14,140 Posts
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    savingwannabe
    Hooray for bargains. Well done.
    Christmas Fund 208 No spend month?
    • SmarterNotHarder
    • By SmarterNotHarder 28th May 17, 3:18 PM
    • 248 Posts
    • 1,414 Thanks
    SmarterNotHarder
    Thank you It just feels like time is moving too fast and too slowly all at once.

    I nearly did something stupis today. I went out for lunch with some friends (planned) and we'd gone to a restaurant on a retail park. After they left I fanicied streching my legs, so took a wander round the huge Tesco there. and I found myself picking up random things that seemed "nice" but I didn't really need (like notebooks, of which I already have a huge stash), and toiletries (same) and a few other things. Luckily I came to my senses and put it all back!

    I'm also trying to not buy food that isn't "real food" and nearly slipped up there too - crisps this time. It's not a diet as such, and If I want a single bag of crisps that's ok, it's just buyhing multipacks is a terrible idea! And as I was putting everything back, I realised how many groceries aren't "real food". There are ailes upon aisles of cakes, biscuits, crisps, plastic cheese, sugary soft drinks, you name it. It just made me really sad for some reason.

    Meh.
    • SmarterNotHarder
    • By SmarterNotHarder 23rd May 19, 12:08 PM
    • 248 Posts
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    SmarterNotHarder
    I need help. I'm not in debt - well I have 800 on a 0% card that's being paid off at 50pcm, my original deal ends at the end of this month, but I transferred the balance to another of my cards that had a 0% balance transfer deal on. I also have significant savings, but they are earmarked for that house deposit, so I don't want to use them.

    As detailed above, I got made redundant, got paid my redundancy, went traveling. It was amazing.

    I have been back for nearly 6 months. I live in a UC area, but I don't qualify for means tested benefits. I have been in receipt of JSA (Contributions based) which is due to end at the end of this month.

    I had all these amazing plans about looking for work and finding something I loved blah blah blah. In reality, I've been stuck.

    I live with my parents. My dad is retired, mum has got a few years left because they messed around with the retirement ages.

    As "rent" I've taken over most of the housework etc and parents are more than happy with that. I know I'm really lucky, I paid them proper board when I was working and a more when dad didn't have an income for a year before he got his pension as he found it difficult to get a job due to his age. Please don't think I'm sponging off them.

    I don't really know why I'm pouring all this out to you guys, but I'm really struggling. I recently had a blood test because I've been feeling really tired and lethargic for a while, even though I'm not working and thought it was my iron levels. It turns out I have an underactive thyroid, and the results seem to indicate its gone on for ages, and I didn't recognise the symptoms as being an illness, and just put it down to being personal failure.

    Now I'm scared. I've never been out of education/employment/actively traveling for this long before. I'm worried about how to explain it to new employers. But this means that I'm facing a massive block anytime I even try to apply for anything. I've lost any confidence in my abilities as an employee, and if I can't convince myself I'm good enough for a job, how am I going to convince an employer?

    I can't even do a SOA because after the 1st June I won't have any income at all. I don't have regular outgoings either apart from the above credit card. I could pay it off all at once from my buffer fund, but I feel better having that there.

    I think I just needed a rant. Feel free to ignore.
    Last edited by SmarterNotHarder; 23-05-2019 at 1:07 PM.
    • savingwannabe
    • By savingwannabe 23rd May 19, 5:09 PM
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    savingwannabe
    Welcome back. How can we ignore that? OMG.

    Firstly, being diagnosed with a thyroid condition is quite traumatic and it will take time to be sorted all of this will contribute to your lack of confidence. You need to off load and remember this is the current part of your life and you will have a looooooong and happy life even if you are upset now. If you feel you need counselling/life coach then you need to find one through your dr.

    Usually a life coach is available to staff who are being made redundant. Can you access them/any resources from your own workplace even though you left a while ago? They help you to make decisions.

    Or can you chat to friends who also had the same thing happen to them from your old job? They may be able to offer advice and their own experiences.

    Can you claim benefits?

    I would work on your CV and send it out to anyone who might be hiring. I don't think travelling is anything to hide. It can be used as an aide to a job as you are going to be much more motivated than any other new staff as you have just had an amazing time travelling and any new employer will like that.

    Hang in there SmarterNotHarder, this is a worrysome time but there is so much light still to come.
    Christmas Fund 208 No spend month?
    • SmarterNotHarder
    • By SmarterNotHarder 28th May 19, 2:47 PM
    • 248 Posts
    • 1,414 Thanks
    SmarterNotHarder
    Hi.


    Sorry Savingwannabe,I had somehow missed your response. Thank you for being so kind.


    I don't know about a llife coach but someone telling me what to do sounds good right now! Mental health provisions in my area are at the bare bones, and I don't fancy my chances even if I thought it would help.

    My workplace did have a company come in and help with CVs/Interview techniques etc at the point we were being made redundant, but that was about 18 months ago. They wouldn't be able to extend that service to now. We had 12 months to use it, but I went travelling and I wasn't able to postpone the usage.

    I was only entitled to 6 motnhs JSA (contributions based). I'm not entitled to any more because of my savings and other benefits are means tested. That is due to come to an end.

    I'm not worried about accounting for the time I was travelling, it's the 6 months since I've been back that's bothering me.

    Thank you so much for your reply.
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