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  • FIRST POST
    • Seasidegal58
    • By Seasidegal58 18th Sep 16, 1:27 PM
    • 2,106Posts
    • 13,101Thanks
    Seasidegal58
    Paid off the 31,000! BUT - still scrimping!
    • #1
    • 18th Sep 16, 1:27 PM
    Paid off the 31,000! BUT - still scrimping! 18th Sep 16 at 1:27 PM
    Heres to my new shiny diary now that I am debt free!

    I have finished my previous diary which detailed my debt free journey. This went well for some months I then failed dismally, managed to pull myself together to pay off half then had a lucky windfall which cleared the rest. If you want to have a look its called Scrimping Behind the Scenes with Debt of 31,000! (sorry, I cant manage to get the link to work!).

    In the diary I detailed how I was trying to pay off the debt without alerting the fact to family and friends as I was too embarrassed to let anyone know the extent of my folly!

    I have however decided to carry on scrimping as I have a few retirement issues coming up. One of the things that will make scrimping easier is that I dont have to do this in secret anymore! My reasons for cutting back financially will be out there for friends and family to see which will let some of the pressure off!

    I am now in my early sixties but my State pension will not kick in for another four and a half years. I will not be getting the full whack as I have had contracted out of the second State pension because I was a member of a previous employers final salary scheme. Luckily this pension will take a little of the headache away and I have a couple of small DCB schemes from other employment over the years though these will not amount to much. I am in my current employers company scheme and both they and I pay into this though again its not going to be life changing!

    I calculate that I when I retire my income will be slashed by well over half so to carry scrimping would be a good run up to retirement test for me.

    A big worry is that the firm I work for was recently bought out. I have been through this sort of thing with previous employers. What tends to happen is this:

    1. Big lovey-dovey honeymoon period between new owners and old owners (who have been paid out, but stay on for goodwill).

    2. New owners and old owners start to fall out over the management of the company. The new owners want to run the company their way and old owners think they know better.

    3. Bad feeling hits all round and new owners start to have a people clear out.

    Im rather apprehensive about the possibility of a people clear out because of my age. I think I will be ok as long as my boss is there but unfortunately he is older than me!

    Accordingly, my next scrimpy goal is to fully fund my Emergency Fund. It currently stands at 3,000- but I would like to see it at 10,000 to feel safe. If I can fund it with 1,000 per month (like I did with my debt), I will have 10,000 by end April next year.

    So today is going to be a NSD. I have 26.90 left spending money and 18.33 in the grocery budget till I get paid next Friday.

    So here we go again interesting times!
    Finally Debt Free! - July 2016
    Finished Emergency Fund- 10,000 April 2017

    Next Scrimpy Goal - Ad Hoc Savings - 18/09/2018: 1139.53
    MONTHS TO RETIREMENT: 32!
    My diary: Paid off the 31,0000! BUT- still scrimping!
Page 49
    • Cumbria lass
    • By Cumbria lass 3rd Sep 18, 9:39 PM
    • 2,164 Posts
    • 13,212 Thanks
    Cumbria lass
    I am useless at remember any films I have watched !

    Is there a limit to the cost of your contribution to the renovations or does everyone pay the same ?
    CC1 221 /3718
    • Seasidegal58
    • By Seasidegal58 4th Sep 18, 9:33 PM
    • 2,106 Posts
    • 13,101 Thanks
    Seasidegal58
    Under the terms of our lease we all pay the same Cumbria - even though the block is a mixture of one and two bedroom flats, plus one three bedroomed.

    Work was steady today. Bought my monthly toiletries at Boots lunchtime -24.30 but I doubled up on some bits as they were on special offer. Also bought birthday cards in M&S - some of them they sell are really good value and are nice with it.

    Hope everyone has a good evening.
    Finally Debt Free! - July 2016
    Finished Emergency Fund- 10,000 April 2017

    Next Scrimpy Goal - Ad Hoc Savings - 18/09/2018: 1139.53
    MONTHS TO RETIREMENT: 32!
    My diary: Paid off the 31,0000! BUT- still scrimping!
    • Cumbria lass
    • By Cumbria lass 4th Sep 18, 9:41 PM
    • 2,164 Posts
    • 13,212 Thanks
    Cumbria lass
    It's the same here where I live we all pay the same , well I don't my landlord does !

    The M&S outlet near me sells some lovely cards SA I often pick,up a few. Glad work was ok even though boss man is back.

    Not long to NewYork, Maceys at Christmas time , I feel excited am I am not going there , but down under. I am very excited about Christmas events outside, Carols in the Park , and a Carol service at the opera house. Eh wishing my life away.
    CC1 221 /3718
    • Seasidegal58
    • By Seasidegal58 4th Sep 18, 9:50 PM
    • 2,106 Posts
    • 13,101 Thanks
    Seasidegal58
    I know - I always feel a bit disgruntled about it but I did sign up for it I suppose. At the end of the day it's for the whole building not individual flats.

    Looking forward to NY and I bet you can't wait till Oz! My job tomorrow is to see if I can book our Thanksgiving Dinner yet. The last time we were there we went to a lovely restaurant and DD fancies going there again.
    Finally Debt Free! - July 2016
    Finished Emergency Fund- 10,000 April 2017

    Next Scrimpy Goal - Ad Hoc Savings - 18/09/2018: 1139.53
    MONTHS TO RETIREMENT: 32!
    My diary: Paid off the 31,0000! BUT- still scrimping!
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 4th Sep 18, 10:37 PM
    • 4,824 Posts
    • 34,118 Thanks
    HairyHandofDartmoor
    I hope the bill isn't too expensive. It must be a bit unsettling not knowing how much it will be.

    It's good that you've got New York to look forward to.
    Finally Debt Free After 34 Years, But Still Need to Live Frugally
    Debt in July 2017 = 58,766 DEBT FREE 31 OCTOBER 2017
    NEW GOALS - Build Emergency Fund & Loss of Income Fund. Save for house repairs.
    "Tough times never last, but tough people do" - Robert H Schuller
    • Seasidegal58
    • By Seasidegal58 5th Sep 18, 9:34 PM
    • 2,106 Posts
    • 13,101 Thanks
    Seasidegal58
    Thanks Hairy.

    I tried to book the NY restaurant for Thanksgiving Dinner but they're not taking bookings that far ahead yet so I'll keep an eye on it. Eleven weeks tomorrow before we go!. Doesn't sound that far away now!

    I biught a new power steam iron today. My current iron is getting on a bit now and isn't as good as it was. In Martin's weekly email there was a code for 20% off on the Morphy Richards website and a list of products that worked out the cheaper than those on other sites. The power steamer was reduced 40% down to 65.99 then with the code it ending up costing me just over 57. Nice and compact too and not as heavy as some of them!

    I winged my monthly Santander interest and Cashback of 31.05 over to the Ad Hoc Savings. Also have withdrawn just over 21 from PA today and 3.23 fron topcashback so that will go on too when in the bank.
    Finally Debt Free! - July 2016
    Finished Emergency Fund- 10,000 April 2017

    Next Scrimpy Goal - Ad Hoc Savings - 18/09/2018: 1139.53
    MONTHS TO RETIREMENT: 32!
    My diary: Paid off the 31,0000! BUT- still scrimping!
    • Seasidegal58
    • By Seasidegal58 9th Sep 18, 6:22 PM
    • 2,106 Posts
    • 13,101 Thanks
    Seasidegal58
    Where has the weekend gone?!

    Had an impromptu drink after work with a friend on Thursday evening which was a nice catch up and we had a good chat. Then got in from working late at work on Friday night to find a letter summoning me for jury service at an inquest from Wednesday! the letter was dated on the 6th so they don't give you much notice! I could have been away on a two week holiday abroad for all they knew! Now have to break the good news to the boss tomorrow.

    Not long been in from a nice couple of hours with DSis - we went to our local regatta. The weather was beautiful down there - shame the tide was out by the time we arrived. We had something to eat and sat outside with our drinks.

    Have also put a claim in to my rail company for my "delay repay" cash that has built up. Should have 22 to come.

    Got a bit of ironing to get through but I'll leave that till later on this evening when I'm watching the TV!

    Enjoy the rest of Sunday everyone!
    Finally Debt Free! - July 2016
    Finished Emergency Fund- 10,000 April 2017

    Next Scrimpy Goal - Ad Hoc Savings - 18/09/2018: 1139.53
    MONTHS TO RETIREMENT: 32!
    My diary: Paid off the 31,0000! BUT- still scrimping!
    • redofromstart
    • By redofromstart 9th Sep 18, 8:43 PM
    • 1,936 Posts
    • 11,889 Thanks
    redofromstart
    That is short notice for the jury service, hope your company is supportive. Might be worth checking if there is a policy on payment so you know what you are dealing with.
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 9th Sep 18, 8:47 PM
    • 4,824 Posts
    • 34,118 Thanks
    HairyHandofDartmoor
    Your weekend sounds nice so far SSG.

    Good luck with the jury service. Have you ever done it before? I've never been asked.
    Finally Debt Free After 34 Years, But Still Need to Live Frugally
    Debt in July 2017 = 58,766 DEBT FREE 31 OCTOBER 2017
    NEW GOALS - Build Emergency Fund & Loss of Income Fund. Save for house repairs.
    "Tough times never last, but tough people do" - Robert H Schuller
    • Cumbria lass
    • By Cumbria lass 14th Sep 18, 8:13 AM
    • 2,164 Posts
    • 13,212 Thanks
    Cumbria lass
    How is the jury service going ? Bit short notice I think.

    What are your plans for this weekend ?
    CC1 221 /3718
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 14th Sep 18, 7:01 PM
    • 4,824 Posts
    • 34,118 Thanks
    HairyHandofDartmoor
    I hope jury service is going well SSG.
    Finally Debt Free After 34 Years, But Still Need to Live Frugally
    Debt in July 2017 = 58,766 DEBT FREE 31 OCTOBER 2017
    NEW GOALS - Build Emergency Fund & Loss of Income Fund. Save for house repairs.
    "Tough times never last, but tough people do" - Robert H Schuller
    • Sun Addict
    • By Sun Addict 14th Sep 18, 9:53 PM
    • 6,109 Posts
    • 41,217 Thanks
    Sun Addict
    That's very short notice for jury service Hope all has gone well and that it wasn't too harrowing xx
    Virtual Sealed Pot 2018 404.08
    Debt 2180
    Weight loss 0/6LBS
    Emergency Fund 4000/10,000
    • Seasidegal58
    • By Seasidegal58 16th Sep 18, 3:28 PM
    • 2,106 Posts
    • 13,101 Thanks
    Seasidegal58
    : Big embassment here! I read the wrong date on the jury service summons! It's was for November not September - I do think senility is beginning to creep up on me for sure. And to top it all I then got a letter from the Coroner 's Court to say that they won't need me after all! So complete storm in teacup!

    Anyway it was just as well as I've been flat out this week at work. Nothing much going on outside work apart from getting nails done. I bought a book on kindle - it's a new novel by Pat Barker called 'The Silence of the Girls" - it's about the Trojan War told from the point of view of the Trojan women who were captured by the Greeks and enslaved. Quite harrowing in some parts, but brilliant and I couldn't put it down.

    Got 6.70 back from the dress agency yesterday. I went for Sunday brunch today with my friend - she paid this week. I had some gift vouchers that I received for my birthday for one of our local shops that sell homeware and bought a new diffuser that I needed for the bathroom. It had the most gorgeous smell- it was 24. Normally I buy Neom diffusers as I find they tend to last longer but they are more expensive. I'll see how long this new one lasts. I also sorted out one of the cubicles in my bookcase and found one book to go to the charity shop. Also topped it up with four dvds and two pairs of trousers.

    This week I've got my hair appointment but not much else on. Ironing this afternoon and then back later on to catch up with diaries!
    Finally Debt Free! - July 2016
    Finished Emergency Fund- 10,000 April 2017

    Next Scrimpy Goal - Ad Hoc Savings - 18/09/2018: 1139.53
    MONTHS TO RETIREMENT: 32!
    My diary: Paid off the 31,0000! BUT- still scrimping!
    • redofromstart
    • By redofromstart 16th Sep 18, 8:23 PM
    • 1,936 Posts
    • 11,889 Thanks
    redofromstart
    The book sounds like an interesting concept.
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 16th Sep 18, 8:33 PM
    • 4,824 Posts
    • 34,118 Thanks
    HairyHandofDartmoor
    That book sounds really good. I enjoyed reading 'The Iliad' so it would be interesting to read the perspective of the enslaved women.

    The jury service date mistake is easily done. Are you relieved you're not needed or disappointed?
    Finally Debt Free After 34 Years, But Still Need to Live Frugally
    Debt in July 2017 = 58,766 DEBT FREE 31 OCTOBER 2017
    NEW GOALS - Build Emergency Fund & Loss of Income Fund. Save for house repairs.
    "Tough times never last, but tough people do" - Robert H Schuller
    • Sun Addict
    • By Sun Addict 16th Sep 18, 8:45 PM
    • 6,109 Posts
    • 41,217 Thanks
    Sun Addict
    I love my diffusers too, have them all over the house. Glad you enjoyed the book, it's great when you read a book that makes an impact on you - I also love my books.
    Virtual Sealed Pot 2018 404.08
    Debt 2180
    Weight loss 0/6LBS
    Emergency Fund 4000/10,000
    • Seasidegal58
    • By Seasidegal58 16th Sep 18, 9:21 PM
    • 2,106 Posts
    • 13,101 Thanks
    Seasidegal58
    The book sounds like an interesting concept.
    Originally posted by redofromstart
    That book sounds really good. I enjoyed reading 'The Iliad' so it would be interesting to read the perspective of the enslaved women.

    The jury service date mistake is easily done. Are you relieved you're not needed or disappointed?
    Originally posted by HairyHandofDartmoor
    I love my diffusers too, have them all over the house. Glad you enjoyed the book, it's great when you read a book that makes an impact on you - I also love my books.
    Originally posted by Sun Addict
    Yes the book gives you a totally different perspective on the Trojan War. Normally it's about these godlike heroic figures warring on the battlefield - here the story is based mostly in the Greek camp and sets out how awfully these women are treated by the men who enslaved them. Think I'd have wanted to be an Amazon if I'd lived then......

    Yes I love diffusers too SA. Actually prefer them to scented candles. Not so much faff!
    Finally Debt Free! - July 2016
    Finished Emergency Fund- 10,000 April 2017

    Next Scrimpy Goal - Ad Hoc Savings - 18/09/2018: 1139.53
    MONTHS TO RETIREMENT: 32!
    My diary: Paid off the 31,0000! BUT- still scrimping!
    • in need of direction
    • By in need of direction 17th Sep 18, 8:10 AM
    • 5,255 Posts
    • 30,870 Thanks
    in need of direction
    Incense all the way for me
    Mortgage at 01.01.14 119,481.83 today 74,121.52, target 65,000 by 31/12/18 Offset fund today 307.27 target 5,500 by 31/12/18
    Emergency fund 860/5.5k & 200/200 cash.
    Weight 8 July 14st 4lb
    determined to stop defining myself by my mistakes.
    Progress not perfection.
    • Seasidegal58
    • By Seasidegal58 17th Sep 18, 9:21 PM
    • 2,106 Posts
    • 13,101 Thanks
    Seasidegal58
    Incense all the way for me
    Originally posted by in need of direction
    Oh! That sounds very decadent inod!

    Nothing much to report today. It was my turn today to buy the lunchtime flat whites. Work eased down somewhat but boss is out all day tomorrow so I'll finish off a few bits and pieces then.

    After I finished diaries I'm going to turn in and have a somewhat early night - well for me anyway!
    Finally Debt Free! - July 2016
    Finished Emergency Fund- 10,000 April 2017

    Next Scrimpy Goal - Ad Hoc Savings - 18/09/2018: 1139.53
    MONTHS TO RETIREMENT: 32!
    My diary: Paid off the 31,0000! BUT- still scrimping!
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 17th Sep 18, 10:57 PM
    • 4,824 Posts
    • 34,118 Thanks
    HairyHandofDartmoor
    Enjoy your early night SSG.
    Finally Debt Free After 34 Years, But Still Need to Live Frugally
    Debt in July 2017 = 58,766 DEBT FREE 31 OCTOBER 2017
    NEW GOALS - Build Emergency Fund & Loss of Income Fund. Save for house repairs.
    "Tough times never last, but tough people do" - Robert H Schuller
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