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    • Seasidegal58
    • By Seasidegal58 18th Sep 16, 1:27 PM
    • 2,453Posts
    • 15,208Thanks
    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
    Here’s 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 it’s called “Scrimping Behind the Scenes – with Debt of £31,000!” (sorry, I can’t 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 don’t 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 employer’s 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 employer’s company scheme and both they and I pay into this – though again it’s 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.”

    I’m 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 - 09/01/2019 - £2,271.09
    MONTHS TO RETIREMENT: 28
    My diary: “Paid off the £31,0000! BUT- still scrimping!”
Page 60
    • brizzlegirl
    • By brizzlegirl 12th Jan 19, 7:49 PM
    • 512 Posts
    • 3,484 Thanks
    brizzlegirl
    All sounding good SSG, apart from your friend. Horrible. So cruel.

    Your savings are looking very healthy.

    I am looking at the Keto diet and more exercise next...something to regulate my sugar crashes would be good and I am sure much better for me. But all good with the LP plan at the moment, onwards and upwards

    Have a great eve x
    MFW..aiming to pay it off in 2022.. 2018 Savings Rate - Goal 40% [29%May 25%June 15%July 32% Sept & Oct 0% Nov ] 2019 Income Goal £x/£750 January Goals: AFDs 11/25 Decluttering 30/60; LSDs 1/10; NSDs x/10 Exercise in Jan RT 27k, 8/15 12k steps per day pls Aiming to be a true Frugalista!
    • Seasidegal58
    • By Seasidegal58 12th Jan 19, 7:53 PM
    • 2,453 Posts
    • 15,208 Thanks
    Seasidegal58
    I spoke my friend last night. My other friend said that she was very down when she spoke to her before the consultants appointment but when I called her she sounded a lot more positive. The consultant had arranged for her to meet a lady of a similar age who had had the operation and a voice box fitted some years ago. This lady had a very positive outlook - years after the op she she is teaching keep fit to elderly people, involves herself in local community groups and has a full social life. I think meeting her has had a very uplifting effect on my friend. Her conversation with me suggested that she had decided to go through with the operation. She was still worried about speaking and how she would sound, but I said she would still be the person we all love. I'm over the moon that she's turned the corner.

    Today was a NSD for ad Hoc spends. Just £6.35 at the greengrocer from the Food/Household Budget

    In addition today I started the Clean and Clutter Your House in 31 Days challenge that I put off in November because of the kitchen refit.

    Day 1 was - do you normal daily cleaning routine, sort out your spice rack and do the laundry. I go through the flat cleaning wise on a Saturday anyway and I do keep up with the laundry. So I cleaned out the washing machine dispenser instead and gave it and the inside of the compartment a good scrub! Re the spices - I sorted these out before the kitchen refit, but after watching the Marie Kondo series on Netflix I decided to take her advice and I've put the spices in a box so I can pull it out of the cupboard and quickly find the jar I want. I used the bottom half of a square biscuit tin!
    Finally Debt Free! - July 2016
    Finished Emergency Fund- £10,000 April 2017

    Next Scrimpy Goal - Ad Hoc Savings - 09/01/2019 - £2,271.09
    MONTHS TO RETIREMENT: 28
    My diary: “Paid off the £31,0000! BUT- still scrimping!”
    • Seasidegal58
    • By Seasidegal58 12th Jan 19, 8:01 PM
    • 2,453 Posts
    • 15,208 Thanks
    Seasidegal58
    All sounding good SSG, apart from your friend. Horrible. So cruel.

    Your savings are looking very healthy.

    I am looking at the Keto diet and more exercise next...something to regulate my sugar crashes would be good and I am sure much better for me. But all good with the LP plan at the moment, onwards and upwards

    Have a great eve x
    Originally posted by brizzlegirl
    Thanks brizzle. One would pay £4.15 in Pret for a latte and a pain au raisin each morning - £20.75 per working week! I didn't buy them every day but I felt myself going down that slippery route again. And the porridge and fruit are so much healthier.

    Re the sugar crashes - have you looked at Dr Michael Moseley Blood Sugar Diet? It's had lots of positive reviews.
    Finally Debt Free! - July 2016
    Finished Emergency Fund- £10,000 April 2017

    Next Scrimpy Goal - Ad Hoc Savings - 09/01/2019 - £2,271.09
    MONTHS TO RETIREMENT: 28
    My diary: “Paid off the £31,0000! BUT- still scrimping!”
    • milann
    • By milann 12th Jan 19, 10:52 PM
    • 2,130 Posts
    • 10,609 Thanks
    milann
    Good news your friend is a more positive- I’m guessing she’ll be up and down....
    • Seasidegal58
    • By Seasidegal58 13th Jan 19, 4:03 PM
    • 2,453 Posts
    • 15,208 Thanks
    Seasidegal58
    Hi milann - yes I expect my friend will have lots of ups and downs. I understand that she'll be in hospital three weeks and then there's the life adjustments afterwards. All her family and friends will be there for her though.

    Today I picked up some some organic eggs (£2.09). In the Co-op the Whole Earth organic crunchy peant butter was on offer for £2 so I bought a jar.

    Cleaning/organising ProjectC - today's tasks were clean out the fridge, sort out the cupboard underneath the kitchen sink and in the bedroom: dust the tops of dressers and side tables, change sheets and give the room a good wall to wall cleaning.

    So I cleaned the fridge (it wasn't too bad) and I'd already sorted out under the kitchen sink after the refit. I think I will carry on with the Marie Kondo method of organising via boxes. I'll be on the look out for some cheap plastic boxes for this area as it will be easier to get to things in cupboards. Re the bedroom, I dusted yesterday and change my sheets on a Sunday anyway. I did manage to pull out the dressers and side tables out and vacuumed.

    This evening I'm off to the cinema to see 'The Favourite'. When I get back will get things ready for work tomorrow and try and catch up with a few diaries.
    Finally Debt Free! - July 2016
    Finished Emergency Fund- £10,000 April 2017

    Next Scrimpy Goal - Ad Hoc Savings - 09/01/2019 - £2,271.09
    MONTHS TO RETIREMENT: 28
    My diary: “Paid off the £31,0000! BUT- still scrimping!”
    • redofromstart
    • By redofromstart 13th Jan 19, 6:17 PM
    • 2,134 Posts
    • 13,345 Thanks
    redofromstart
    I have a spice drawer which is great, apart from the tubs that don't have the name on the lid. It eventually occurrred to me that writing it on with a permanent marker was the solution. Also numbering which one to use if you have multiple jars of the same thing.
    • Seasidegal58
    • By Seasidegal58 13th Jan 19, 9:31 PM
    • 2,453 Posts
    • 15,208 Thanks
    Seasidegal58
    That's a good idea redo on the marking and numbering.

    Got back from the cinema - really enjoyed the film although a great deal of historical license was taken I fear!

    Have had my soup and roll, made lunch for tomorrow and will catch up with "Vera" then bed!
    Finally Debt Free! - July 2016
    Finished Emergency Fund- £10,000 April 2017

    Next Scrimpy Goal - Ad Hoc Savings - 09/01/2019 - £2,271.09
    MONTHS TO RETIREMENT: 28
    My diary: “Paid off the £31,0000! BUT- still scrimping!”
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 15th Jan 19, 4:29 PM
    • 7,045 Posts
    • 51,844 Thanks
    HairyHandofDartmoor
    Glad you enjoyed the film. I love Vera too .

    I must watch Marie Kondo as everyone seems to be talking about it and I do feel inspired to declutter once my cold goes.

    Good luck with the diet. I always feel so much more energetic if I cut down on sugar and booze, they seem to make me feel really tired and lethargic when I have them.
    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.
    EMERGENCY FUND = £0
    "Tough times never last, but tough people do" - Robert H Schuller
    • Seasidegal58
    • By Seasidegal58 15th Jan 19, 8:11 PM
    • 2,453 Posts
    • 15,208 Thanks
    Seasidegal58
    Thanks Hairy. I enjoyed the Marie Kondo series. She can be a bit airy-fairy but her tidying ideas are sound.

    Yesterday I spent £10 from the Entertainments budget. It was my colleague's birthday yesterday so a few of us females had a lunchtime drink with her at the wine bar.

    Today my friend and I had our Monday lunchtime coffees today - £5.10 (Pret's put the coffee price up!). Also had to buy my Clinique toner - £28! I've tried swapping it for something cheaper but I always come back to it and it's a big bottle that lasts a while.

    Re. The cleaning project - I totally failed yesterday as I was shattered when I got in from work so had dinner and an early night. So tonight's cleaning task was the freezer but this had been done before the kitchen refit. I also had to organise the odds and end drawer in the kitchen but again I had sorted this already! Finally the maintenance bit was the bathroom but I do flylady's swish and swipe each morning and had given it a going over at the weekend! So a nice and easy one today'!
    Finally Debt Free! - July 2016
    Finished Emergency Fund- £10,000 April 2017

    Next Scrimpy Goal - Ad Hoc Savings - 09/01/2019 - £2,271.09
    MONTHS TO RETIREMENT: 28
    My diary: “Paid off the £31,0000! BUT- still scrimping!”
    • milann
    • By milann 15th Jan 19, 10:14 PM
    • 2,130 Posts
    • 10,609 Thanks
    milann
    Is Marie Kondo on tv - sounds interesting. I’m not bad on my decuttering but I despair with my dh - I help him organise his ‘junk’ (hobby stuff) and I turn round and things just find their way back to where they were..... I honestly don’t know how 4 of us lived in this house before we had an extension - now there are only two of us with a dining room and bigger kitchen thanks to an extension - I have a room for my crafty stuff and dh has his man cave in children’s old bedrooms and we’re bursting at the seams...shows how expectations change - we never had cash or time for indulgent hobbies when we first moved in here.

    Girlie drinks sound good, as does the pret coffees
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