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  • FIRST POST
    • cuddlymarm
    • By cuddlymarm 22nd Dec 18, 10:43 AM
    • 1,266Posts
    • 7,194Thanks
    cuddlymarm
    Frugal in retirement
    • #1
    • 22nd Dec 18, 10:43 AM
    Frugal in retirement 22nd Dec 18 at 10:43 AM
    Hi guys
    OH took early retirement two years ago. I still work part time because I find I need a little structure and enjoy the extra money.
    Weíre never going to be rich but we have a nice little flat ( it needs a few tweaks, the bathroom and kitchen both need revamping) but are ok at the moment and is where we want to be and old age proof for later in life.
    We have quite a bucket list that keeps growing and weíll never get through it all but are aiming to try our best.
    But itís ok bringing in the extra money but I feel we need to squeeze the most out of what we already have and make every penny count.
    So this thread is where I want to pop by and update on my progress and keep me on track.
    Xmas is all bought now (apart from my nephews kids who I will give money when we visit) so no more spending.
    Once Xmas is over I will report in regularly.
    Anyone who wants to keep me company please feel free to join in
    Cuddles
Page 2
    • jackieblack
    • By jackieblack 24th Dec 18, 12:08 PM
    • 8,517 Posts
    • 13,665 Thanks
    jackieblack
    I’d also like to join
    Not due to retire until 2035, but am now on my own and living frugally on a part time salary - I don’t foresee this changing before I retire.
    2.22kWp Solar PV system installed Oct 2010, Fronius IG20 Inverter,
    south facing (-5 deg), 30 degree pitch, no shading

    Quidquid Latine dictum sit altum videtur

    MFW #4
    (2018 - £866.89 OPd)
    2019
    Jan - £105.26, Feb - £50

    • janb5
    • By janb5 24th Dec 18, 1:33 PM
    • 1,891 Posts
    • 6,865 Thanks
    janb5
    I posted this on Lesson learned thread( very good thread btw!) and thought other people who are awaiting their State pension would like to see the link.

    I will finally get my pension in July next year but there has been much inequality on the way 1950`s born women have been affected.

    https://www.backto60.com/single-post/2018/11/30/Back-to-60-state-pension-group-wins-right-to-judicial-review

    There in now going to be a judicial review on this matter so I shall watch with interest.

    Also my friend told me about an organization called Utility Warehouse which covers all utilities and may be a useful tool.

    Happy Christmas everyone!
    • moneyistooshorttomention
    • By moneyistooshorttomention 24th Dec 18, 3:15 PM
    • 17,561 Posts
    • 49,169 Thanks
    moneyistooshorttomention
    I posted this on Lesson learned thread( very good thread btw!) and thought other people who are awaiting their State pension would like to see the link.

    I will finally get my pension in July next year but there has been much inequality on the way 1950`s born women have been affected.

    https://www.backto60.com/single-post/2018/11/30/Back-to-60-state-pension-group-wins-right-to-judicial-review

    There in now going to be a judicial review on this matter so I shall watch with interest.

    !
    Originally posted by janb5
    Do please keep us posted re what happens on this - in case we don't see news of what transpires in the newspapers.

    I'm keeping my fingers crossed personally. I did work out how much of my money got whipped at one point - but can't remember the figure now. I think it's probably around £15,000 of my money that is in the governments hands from this - and I could do with it myself.

    Happy Christmas to everyone
    • vodkawitch11
    • By vodkawitch11 24th Dec 18, 3:32 PM
    • 33 Posts
    • 257 Thanks
    vodkawitch11
    I`m one of those women the government ripped off too, hope the review does something.
    Would love to join the thread, I`m retired but not on state pension yet.
    I find having the time to go looking for yellow sticker bargains helps my budget at lot. As most supermarkets put there stuff down in the evenings, its not something I want to do in January and Feb through brrrrr to cold.


    Merry Christmas
    • janb5
    • By janb5 24th Dec 18, 3:47 PM
    • 1,891 Posts
    • 6,865 Thanks
    janb5
    Do please keep us posted re what happens on this - in case we don't see news of what transpires in the newspapers.

    I'm keeping my fingers crossed personally. I did work out how much of my money got whipped at one point - but can't remember the figure now. I think it's probably around £15,000 of my money that is in the governments hands from this - and I could do with it myself.

    Happy Christmas to everyone
    Originally posted by moneyistooshorttomention
    Of course I will. I am keeping my fingers crossed that justice is done. There are many women who gave up their jobs to look after elderly relatives, ill children etc who came off badly financially.

    You might find it useful to click on the link so you can be updated of any progress?
    • moneyistooshorttomention
    • By moneyistooshorttomention 24th Dec 18, 5:21 PM
    • 17,561 Posts
    • 49,169 Thanks
    moneyistooshorttomention
    Quite agree - a lot of women have dropped their hours to part-time or given up their whole job in order to be carers to a relative (whether they be elderly relatives or grandchildren).

    I can certainly understand why so many women were unaware of the State Pension implications of doing so as well - in view of the fact we weren't sent individual letters telling us about this (as we should have been).

    I did know - because I'd read about it in the papers and worked out exactly how long the Government was planning to whip my pension before I even got it for - so was well aware years in advance. But it still hurts me - and I kept a full-time job till 60 and was well aware and, thankfully, avoided them coming back for another go by "raising the age again" on me.

    It must have been a heck of a shock to those that didn't know and planned their lives differently - based on how they thought it was.
    • cuddlymarm
    • By cuddlymarm 26th Dec 18, 9:37 AM
    • 1,266 Posts
    • 7,194 Thanks
    cuddlymarm
    Good morning fellow frugallers
    Well yesterday was wonderful with youngest DS cooking his first official Christmas dinner. It was lovely. Iím so proud. I taught both my boys to cook when they were teenagers but this is the first Christmas dinner.
    We had a lovely lazy day. We spoke to all our important people at some stage and ate and drank far too much.
    Weíve far too much food leftover so I will talk DS2 through freezing portions of bubble and squeak and leftover turkey so he doesnít waste anything. Heís buying a house this year so every penny will be important.
    Iíve joined the Grocery Challenge for 2019 to keep my food spends in check and wonít need any food shopping until the new year.
    I must confess that I did shop in the M and S sale yesterday because I got a voucher but itís all stuff that will get loads of use.
    I hope everyone is feeling good and happy.
    Time to get on with my day.
    Cuddles
    • Dia Pita
    • By Dia Pita 26th Dec 18, 10:15 AM
    • 100 Posts
    • 480 Thanks
    Dia Pita
    Good morning cuddlymarm, we both took early retirement two years ago and also need to be as frugal as possible. We both had our first Christmas lunch at our ds who only moved into the house with wife and 8 month old son 3days ago. We had a brilliant day and so proud of him. Both of my girls & their families spent the day at their in laws. We only bought one present for each child/grandchild, we haven't done any xmas shopping as such. So going to town today for a walk and a bargain hunt. Merry xmas everyone.

    Debt Free Aug 15 Mortgage Free Aug 16
    Early retirement 1/10/ 2016.


    • SleepySara
    • By SleepySara 26th Dec 18, 12:02 PM
    • 11 Posts
    • 24 Thanks
    SleepySara
    I would like to join as well. Planning to retire in a few years.
    Half of being smart is knowing what you are dumb about.
    • Hard Up Hester
    • By Hard Up Hester 26th Dec 18, 3:07 PM
    • 3,983 Posts
    • 50,951 Thanks
    Hard Up Hester
    I'd like to join in too, though I may not be a prolific poster.

    I retired a couple of year ago, OH is off sick at the moment recovering from a stroke he had in October. We are still not sure if he will recover enough to return to work as he had a very physical job.
    We both have only our state pension and no private pensions. I lost my pension in an acrimonious divorce, OH has had a long period of unemployment after an industrial accident.

    We live on our narrowboat and have recently sold our house as OH can no longer manage stairs.
    Living on a boat means we are very careful about what we buy as we have very little room.
    Chin up, Titus out.
    • Well Preserved
    • By Well Preserved 26th Dec 18, 4:04 PM
    • 200 Posts
    • 1,163 Thanks
    Well Preserved
    I'd like to join too, please, though again I may not post often. I'm 64 with 2 years to go to state pension entitlement. No private pension due to working in the poorly paid childcare sector for almost 30 years now - no pension option and I was stupide enough as to plough back what could have been a pension pot to keep the group running when times were tough. Fortunately OH has a good pension & the house is ours. I should be reasonably well provided for event of his death but I often find myself longing for a more frugal lifestyle. He has a long-running autoimmune condition which means quite a lot of meds & outpatients visits. A further complication is the care of my parents, both in their late eighties, with major decisions looming I fear. Sometimes I could just do with some moral support!
    • Gers
    • By Gers 26th Dec 18, 5:08 PM
    • 7,085 Posts
    • 47,799 Thanks
    Gers
    I'm another Feb 1954 baby - so SP in July 2019. I was well aware of the first changes to SP age but the second one caught me unaware. Luckily I have an occupational pension and still work very part time, through choice.

    My need to be frugal is mostly overcome by my need to be un-frugal, however I have given up my C osta coffee habit even though it was only occasional.

    I live in a remote rural area, no real public transport, eight miles from a village and neighbours are about a mile or more away. That means that my car is essential, I bought a new'ish one in April and will happily keep it until it falls apart.

    My elderly mother increasingly wants me with her although she lives about 100 miles away so I'm there most weekends for at least two or three days. All my other family are overseas, either on the European mainland or in Australia.

    Because of my occupational pension and savings I'm not on the breadline though I have memories of vastly different times as a younger adult so am fearful of it. Strange how our minds 'control' us!#
    • WeeMidgie
    • By WeeMidgie 26th Dec 18, 6:51 PM
    • 433 Posts
    • 8,370 Thanks
    WeeMidgie
    I'm April '54 vintage, early retired on health grounds. State pension due Nov 2019. Fortunately I was able to create an income by downsizing and renting out a property. So I'm very fortunate to have a modest amount of rental income - still living below the income tax threshold.

    I was prepared to retire at 64, my first increased state pension age, but was working part time by the date of the announcement of the further postponement. Why part time? Because already my health was hit. Then even part time became unsustainable.

    After 18 months of retirement and no spending on clothes or shoes, lately I've needed a few replacement items, just to smarten up a bit. Smart boots £15, hospice shop; black jeans £12, M&S outlet store; everyday handbag £3, PDSA shop; smart handbag £15, Cancer Research shop.

    Good props can really enhance a basic outfit - scarves, gloves in winter, and earrings anytime. I also wear jewellery, Sheila Fleet rings and bracelet bought years ago with legacy money, serving as everyday remembrances, but also they give me a feeling of substance during this wait for state pension.


    With just under a year to go, those recent purchases should see me through clothes wise. I tend to live in jeans for everyday, and wear skirts with smart boots for dressier occasions.

    Luckily I quite enjoy a challenge, and I'm frugal by nature. Having fun on a budget works well for me thanks to the local U3A and the community education service. And I'm eternally grateful for MSE and the forums.

    Looking forward to reading along and posting too.
    • westcoastscot
    • By westcoastscot 26th Dec 18, 7:32 PM
    • 1,392 Posts
    • 17,250 Thanks
    westcoastscot
    I'm a 1960 baby, and although I knew of the first change the second has caught me by surprise! I "retired" due to ill health in June and am living off very minimal savings until my pension comes in at 66, 7 years from now. I need to make major financial savings so shall join you if I may. This year has been truly dreadful and i'm looking forward to turning the page to 2019.
    • thriftwizard
    • By thriftwizard 26th Dec 18, 8:19 PM
    • 2,926 Posts
    • 36,525 Thanks
    thriftwizard
    May I join in too, please? I'm a December '58 baby with no private pension - a succession of low-paid PT jobs (OH working unpredictable shifts meaning childcare fell 99% to me) and assorted caring responsibilities meant I never had a chance to build one up. I'm now self-employed running a specialist market stall and may well have to continue long after "normal" retirement age, as many stallholders do, health permitting; I've always paid my "stamp" so will receive almost the full State pension, though not for a while yet. OH is still working, though not shifts any more, and will get a good pension, but declining health may mean he has to retire shortly, long before he feels ready or qualifies for the full whack.

    Our main tack has always been not spending money unnecessarily, but not scrimping either; we still have two offspring living at home (one of whom has AS-related issues & can't go out to work) so can't really downsize, and live in a bit of a money-pit of an old house, which would cost a fortune to retro-fit. I kind of need to work out what we can do differently to survive the changes that are inevitable when OH does retire! So will be following with interest...
    Angie

    GC Feb 19 - £363.40/£380 "Entertainments" £53/£50
    Bulk-buy purse '19 £250, pet & livestock food '19 £58/£400

    Money's just a substitute for time & talent...
    • Hard Up Hester
    • By Hard Up Hester 27th Dec 18, 9:18 AM
    • 3,983 Posts
    • 50,951 Thanks
    Hard Up Hester
    Good morning.
    Today is leftover soup day, everything that hasn't been eaten or packed away will be made into soup.
    It will be a good start for OH, he has been told to eat more vegetables and has agreed, so I'm going to make HM soup for lunch every day and serve it with no knead bread, I'm hoping the bread will tempt him to eat the soup as he is beyond fussy.
    The only other things we have left over from Christmas re some very posh chocolates that will be redistributed between the grandchildren.
    Chin up, Titus out.
    • Dia Pita
    • By Dia Pita 27th Dec 18, 9:29 AM
    • 100 Posts
    • 480 Thanks
    Dia Pita
    Good morning Hester, I too am making soup today, but making my bread tomorow. I need to get a bit fitter so going out for a walk after breakfast. We went to the sales yesterday and came away with a big fresh turkey for £4.25, this has been made in to various joints & frozen for another day.

    Debt Free Aug 15 Mortgage Free Aug 16
    Early retirement 1/10/ 2016.


    • cuddlymarm
    • By cuddlymarm 27th Dec 18, 9:51 AM
    • 1,266 Posts
    • 7,194 Thanks
    cuddlymarm
    Hi guys
    Weíre back from my youngests now and feeling quite fat. I can always tell when itís time to go back on to healthy foods because I crave brocolli so whatís left Xmas food wise will be boxed or frozen and rationed. A couple of sweeties or a bit of cake a day until itís all gone. Iíve a box of nice biccies with a long sell by date that will be good in case of guests.
    Left over corned beef with veg and gravy for lunch then off to eldests for tea.
    I will need a bottle of milk at some stage but Iíll do that on the way home from work tomorrow. Apart from that I wonít need to shop until the New Year.
    Iíve enough smellies, soaps,lotions and potions to keep me going for a long while too.
    Christmas is lovely but once itís over I like to get back to normal as soon as possible.
    I hope everyone is warm and well
    Cuddles
    • jackieblack
    • By jackieblack 27th Dec 18, 10:45 AM
    • 8,517 Posts
    • 13,665 Thanks
    jackieblack
    Christmas is lovely but once itís over I like to get back to normal as soon as possible.
    Originally posted by cuddlymarm
    I agree. Have just finished packing away my little tree - only put it out because my daughter and son-in-law came to stay on Christmas Eve for two nights and also my parents here on Christmas Day - and turning the cards into gift tags for next year. I sent most of the leftovers and goodies home with my daughter and son-in-la, just kept enough cold meat myself for the next couple of days.

    I only put the tree out and cards up on Sunday but they were irritating me this morning - I feel so much better now everything is tidied away and back to normal
    2.22kWp Solar PV system installed Oct 2010, Fronius IG20 Inverter,
    south facing (-5 deg), 30 degree pitch, no shading

    Quidquid Latine dictum sit altum videtur

    MFW #4
    (2018 - £866.89 OPd)
    2019
    Jan - £105.26, Feb - £50

    • lessonlearned
    • By lessonlearned 27th Dec 18, 10:48 AM
    • 11,143 Posts
    • 75,377 Thanks
    lessonlearned
    Me too, I am itching to get back to normal and raring to go to make a start on next year. I will keep the tree up till January 2nd but I have decided I'm going to start decluttering today.

    And this time I mean business.....
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