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  • FIRST POST
    • Dinah93
    • By Dinah93 15th Jun 16, 10:46 AM
    • 11,300Posts
    • 45,566Thanks
    Dinah93
    The Ultimate Incentive muddles along
    • #1
    • 15th Jun 16, 10:46 AM
    The Ultimate Incentive muddles along 15th Jun 16 at 10:46 AM
    Part 12. I have now been limping around these forums for the best part of a decade. I cleared it all, it all came back. It was nearly gone again, and it's grown almost to the max again. Somehow nearing that 16k debt figure always signals a change in the winds, something happens to make our finances go in a better direction for a few months, but then we hit a bump, fall off the wagon, down a cliff and into the deep dark sea. As well as a few maternity leaves and redundancy the biggest bump these last few years has been NIMs depression, where we can have no wages coming into the house for months on end, but also no ability to contribute in other ways so that I can work or even so I can do some home based money making.

    While the depression isn't in the best place right now, we are both committed to making it work as best we can, and my diary has always helped me, with the support and chatter of my amazing threadies. So, time to work out where we stand, and fill you in on what we plan to do about it.
    Debt January 1st 2018 65,773.65
    Debt March 1st 2018 57,572.93
    8,220.23/12.49% paid off
    Met NIM 23/06/2008
Page 43
    • wendz86
    • By wendz86 12th Feb 18, 2:57 PM
    • 7,090 Posts
    • 24,606 Thanks
    wendz86
    I love my coffee when at work, but thankfully we have a free machine!
    • Cinny91
    • By Cinny91 13th Feb 18, 9:40 AM
    • 5,878 Posts
    • 25,161 Thanks
    Cinny91
    I don't think 25 is the end of the world considering how much you could be spending on other vices.

    I can't really think of much, I do tend to go whole hog for a few weeks or months and then splurge which isn't exactly healthy money habits.

    I went back to the Toys R Us clearance yesterday and spent a smidgen under 20 getting O a scooter and a play doh set to put away for Christmas for him. Also got him the Thomas Aquadoodle for 13 and a little tikes bubble stick for 2.40 so that's him sorted for his Birthday.
    • wendz86
    • By wendz86 13th Feb 18, 2:33 PM
    • 7,090 Posts
    • 24,606 Thanks
    wendz86
    Sound like fab presents for O. Mine both love play dough and H plays with the aquadoodle lots too.

    I've just been to Sainsbury's and gave into the TU sale even though they don't need anything. We are really lucky as get given lots of clothes for the girls. Bought a t shirt for P and a legging and top set for H who does need more leggings to be fair.
    • Dinah93
    • By Dinah93 16th Feb 18, 4:30 PM
    • 11,300 Posts
    • 45,566 Thanks
    Dinah93
    Hi all, good half term? We were away for a few days on a Sun deal. We were supposed to go away with former friend but after it all happened in the autumn we ended up booking somewhere a bit more convenient still on a Sun holiday so only 15 each for the 5 days.
    1. Update timetable and descriptions on my website
    2. Submit final assignment
    3. Send info and confirm dates for funded course
    4. Write intro course and send to S
    5. pregnancy course assignment - symptoms presentation
    6. pregnancy course assignment - wide legged postures
    7. pregnancy course assignment - book review
    8. Check if I have any other assignments
    9. Set up DD to W&G
    10. Create and advertise pregnancy course
    11. Get up to date on 17-18 tax return
    12. Chase up info on commercial vehicles
    13. Put all DIY jobs into family to do app
    14. Work out APR on all cards so can snowball
    15. Check have made all minimum payments this month
    16. Order new non-melted bank cards
    17. Get quote for making garden look less like the Somme
    18. Work out length of strops needed for new course and order
    19. Work out remaining availability and push those places
    20. Update new starter letter
    21. Send new starter letter and registration letter to all students
    22. Work out who hasn't registered
    23. Update Bee Inclined with new term dates
    24. Get NIM to work out how I can comply with new GPDR
    25. Update visual timetable
    26. Refund LJ and cancel acro workshop
    27. Put up new workshop/workshops for acro date
    28. Do BWY supporting evidence documentation
    29. Pay Accountants
    30. Pay Invoices
    31. Submit final invoices to gyms
    Last edited by Dinah93; 20-02-2018 at 3:06 PM.
    Debt January 1st 2018 65,773.65
    Debt March 1st 2018 57,572.93
    8,220.23/12.49% paid off
    Met NIM 23/06/2008
    • Dinah93
    • By Dinah93 16th Feb 18, 4:36 PM
    • 11,300 Posts
    • 45,566 Thanks
    Dinah93
    Also liking the idea of calling then Big Pink and Little Blue, I hate to gender stereotype but those are their favorite colours. I did one of those facebook 'ask your child these 10 questions last night.

    Me: Who is your best friend?
    LP: Abigail
    LB: Daddy and Granddad. They have winkies.

    Me: What is your favourite song?
    LP: Amazing Grace
    LB: Amazing Ben!

    Me: What is your favourite animal?
    LP: Baby spring lambs that are all bouncy
    LB: Dinosaurs

    Me: What makes you happy?
    LP: Hugs & Kisses
    LB: Dinosaurs

    Me: What makes you sad ?
    LP:When I don't get a goodnight kiss
    LB: Dragons

    ME: Where is your favourite place to go?
    LP: Antarctica
    LB: Little Land

    Me: What do you want to be when you grow up?
    LP: A Princess
    LP: A dinosaur
    Debt January 1st 2018 65,773.65
    Debt March 1st 2018 57,572.93
    8,220.23/12.49% paid off
    Met NIM 23/06/2008
    • wendz86
    • By wendz86 18th Feb 18, 4:37 PM
    • 7,090 Posts
    • 24,606 Thanks
    wendz86
    Bless them that's so cute!
    • Cinny91
    • By Cinny91 20th Feb 18, 11:49 AM
    • 5,878 Posts
    • 25,161 Thanks
    Cinny91
    When is it Sun start doing the vouchers? OH was talking about them a few weekends back as a cheap way to have a quick holiday later this year but we're both clueless.

    LB has life sussed so young, what more do you need from life than dinosaurs and grandparents?

    Started getting O's birthday presents this week and as OH's family never ask we've got 2 dupes already. What do you guys do when that happens? I don't want to upset anyone by asking to return gifts, but I'm at a bit of a loss because things will just wind up abandoned in boxes.
    • Dinah93
    • By Dinah93 20th Feb 18, 3:11 PM
    • 11,300 Posts
    • 45,566 Thanks
    Dinah93
    Updated list, busy morning, 2 2x1hr class and then a 1-2-1 session, home for an hour or so, need to go pick up the kids, then another 3 classes this evening. One of which I still need to plan :s
    1. Update timetable and descriptions on my website
    2. Submit final assignment
    3. Write intro course and send to S
    4. pregnancy course assignment - symptoms presentation
    5. pregnancy course assignment - wide legged postures
    6. pregnancy course assignment - book review
    7. Check if I have any other assignments
    8. Get up to date on 17-18 tax return
    9. Put all DIY jobs into family to do app
    10. Work out APR on all cards so can snowball
    11. Check have made all minimum payments this month
    12. Order new non-melted bank cards
    13. Get quote for making garden look less like the Somme
    14. Work out who hasn't registered
    15. Get NIM to work out how I can comply with new GPDR
    16. Do BWY supporting evidence documentation
    17. Submit final invoices to gyms
    Debt January 1st 2018 65,773.65
    Debt March 1st 2018 57,572.93
    8,220.23/12.49% paid off
    Met NIM 23/06/2008
    • wendz86
    • By wendz86 20th Feb 18, 4:57 PM
    • 7,090 Posts
    • 24,606 Thanks
    wendz86
    If we get duplicates i usually just put one aside to give to someone else unless it's someone close like my mum who i could ask to swap it. Heidi got three sylvanian houses for christmas and because she saw them all i had to keep them out but hoping i might be able to hide one soon and carboot it or something!
    • kavics17
    • By kavics17 21st Feb 18, 9:59 AM
    • 2,219 Posts
    • 6,370 Thanks
    kavics17
    I always try to sell duplicates or give them away as a present later on. I never ask for exchange, no idea why.
    • Dinah93
    • By Dinah93 5th Mar 18, 11:27 AM
    • 11,300 Posts
    • 45,566 Thanks
    Dinah93
    Total paid off in Feb - 4,536.32 (6.89%)
    Total paid off since Jan1st 2018 - 8,220.23 (12.49%)

    I would be surprised if March is more than 1000 off the debt however, no significant income this month and some high outgoings, 14 new hammocks to buy and flights to book for mother in law's 60th.

    Realised March was in danger of being a low or no income month for me so I've put a few extra workshops on. Won't be big money but could bring me in an extra 1000 or so which is very welcome.
    Last edited by Dinah93; 05-03-2018 at 11:31 AM.
    Debt January 1st 2018 65,773.65
    Debt March 1st 2018 57,572.93
    8,220.23/12.49% paid off
    Met NIM 23/06/2008
    • wendz86
    • By wendz86 5th Mar 18, 9:05 PM
    • 7,090 Posts
    • 24,606 Thanks
    wendz86
    That's amazing how much you have paid off, really great start to the year. Also great that you have a job that allows you to earn extra.
    • Dinah93
    • By Dinah93 5th Mar 18, 11:01 PM
    • 11,300 Posts
    • 45,566 Thanks
    Dinah93
    Much better than doing surveys for 20p anyway I do wonder if the flexibility to earn more or less depending on circumstances and effort was something that subconsciously was a major draw for me in retraining.
    Debt January 1st 2018 65,773.65
    Debt March 1st 2018 57,572.93
    8,220.23/12.49% paid off
    Met NIM 23/06/2008
    • Dinah93
    • By Dinah93 5th Mar 18, 11:02 PM
    • 11,300 Posts
    • 45,566 Thanks
    Dinah93
    Okay, April 1st goal is a smaller one, get the total to 10k paid off.
    Debt January 1st 2018 65,773.65
    Debt March 1st 2018 57,572.93
    8,220.23/12.49% paid off
    Met NIM 23/06/2008
    • Cinny91
    • By Cinny91 6th Mar 18, 9:46 AM
    • 5,878 Posts
    • 25,161 Thanks
    Cinny91
    That is insanely good, Dinah!! Agree with Wendz too, it's great you've built a company to a stage you can make the extra income so quickly when you need to. Did you get anywhere with the rental place?

    Feeling a bit of relief now we're out of the woods in terms of the onslaught of birthdays February/March. There's mine at the end of the month but now we're old farts our gifts from people tend to be in the "stuff to do" category so we're going to go to the cinema with some ticket vouchers we got at Christmas so there won't be a big spend bar getting Oscar's ticket. I was getting so stressed over spending money, I can't wait to be shut of this loan in a few months, our goal is still May but the balance is only a smidge under 9k so we're going to need some big leaps!
    • Dinah93
    • By Dinah93 6th Mar 18, 10:42 PM
    • 11,300 Posts
    • 45,566 Thanks
    Dinah93
    My tickover rate seems to be about 200 a week in pay as you go classes and people filling odd course spaces that were left at the start of term, then I get the good bonus every 6-8 weeks of 8000 or so although obviously I have a lot of ongoing costs like room hire.

    No, it didn't pan out. Needed full planning permission and the landlord wouldn't wait the time it would take me to get it and I wouldn't sign a 3 year lease not knowing if I could actually use the building. Mum is looking to start a children's facility, so she's keen to find a big building and soundproof it and split it as it would be more cost effective that way it looks like, although not sure if the fact we'd then have to pay rates would cancel out the saving. Would be very handy for me though to have her next door for childcare while I teach.
    Debt January 1st 2018 65,773.65
    Debt March 1st 2018 57,572.93
    8,220.23/12.49% paid off
    Met NIM 23/06/2008
    • Cinny91
    • By Cinny91 7th Mar 18, 9:27 AM
    • 5,878 Posts
    • 25,161 Thanks
    Cinny91
    I'm biased as although sometimes I could slap them all, working alongside family has so many upsides. A little deal with your mum on a combined space would be good, plus if she could accommodate it you could maybe offer classes with childcare? I'd personally love a gym with a creche, or classes where I can take O with me but not with me IYKWIM. He doesn't have the temperament to join in with classes, my mum's poor dream of taking him to yoga classes is kaput! That's a decent tick over rate though, you must be so proud of how far you've come!
    • Dinah93
    • By Dinah93 7th Mar 18, 2:12 PM
    • 11,300 Posts
    • 45,566 Thanks
    Dinah93
    I am proud, I feel like I shouldn't be but I also know this didn't happen by chance, I built this business and it's my blood sweat and tears that keeps it going.

    Classes with childcare would be wonderful if we could make it work out.

    Been to test drive a car. Sort of. Pick up truck. Accountant wants me to get a pick up truck or van as it has some kind of tax benefit for me. It's scary as it's a lot of money, especially if I went for a lease so I'd be paying 300 a month not to actually buy the car. Although as she's pointed out if that saves me 250 in tax then it's worth doing since NIMs car has gone past it's last legs and is now crawling on hands and knees.

    One of my workshops (family) is nearly fully booked, if it gets to full I think I'll put a second family session on that day as Harry Potter is clearly a popular theme.
    Debt January 1st 2018 65,773.65
    Debt March 1st 2018 57,572.93
    8,220.23/12.49% paid off
    Met NIM 23/06/2008
    • Cinny91
    • By Cinny91 13th Mar 18, 9:36 AM
    • 5,878 Posts
    • 25,161 Thanks
    Cinny91
    Hope you're all well

    Did you get any further with the truck? Might be a good way to offset tax like your accountant says, plus if it's a lease tied to the business it's not so much of a personal financial strain. Plus you could get your business on the sides for some more advertising.

    Can imagine HP is a popular theme! I can never get over how the last film alone is 7 years old this year but it's still as popular as it ever was, if not more with all the merch you can get in high street shops.

    How are your debt payments going for the month? We're putting our nose to the grindstone to get the extra savings piled up to make sure we can meet our May loan pay off and not have 0 in our savers before the next payday. Funny how the money kind of just appears when you're being intentional!
    • wendz86
    • By wendz86 13th Mar 18, 11:28 AM
    • 7,090 Posts
    • 24,606 Thanks
    wendz86
    Harry potter obviously stands the test of time! The family days sounds really fun.

    Trying not to spend much at the moment as I know April is going to be quite an expensive month . Got a few birthdays including P's and have just booked a party for her although her Dad is helping with the cost of that. I've got her main present already though which is tickets for me and her to see Matilda the musical in June.
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