Learning to budget to make future adventures happen

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  • Poor crunchy, I hope you manage to get some rest. Being on the go all the time is so exhausting!

    It's lovely that you are able to go out to dinner, especially child-free! Even if you don't make any new friends, getting out and enjoying yourself will be a real treat.

    Glad that the money situation is doing well, even if you can't pay off any extra debt. Being able to buy things you need and not add to the debt is still a great achievement! :T
  • crunch_time
    crunch_time Posts: 1,353 Forumite
    Morning all

    Must be the only place in the UK without snow this am although its forecasted for later. The ground is wet though so I don't suppose it will settle...we shall see.

    I was playing around with the budget spreadsheet last night (I swear staring at it works sometimes.) Husband has around £200 unbudgeted for every month. This was always factored into the plan to go towards debt somehow but in the spirit of Dave Ramsey and every £1 has a job, I have upped my projected monthly payment to the loan to £700 from £500. The upshot of this is if we stick to this, the loan would only be £1650 by the end of the year with these payments alone and that is a better amount of extra money to 'find' than £4000! I added up all that money for the year and it is £7700 so I keep thinking now nice it will be next year to have that in our pockets!

    Planning a NSD today hoping to fit in some exercise and cleaning around DD and school pick ups.

    Right must go and get ready for the school run!

    Crunch x
    19/8/19 vs now Current Total debt £14,188 Savings £2757
    Overdraft £1600 vs £1050
    HSBC1 £1900 vs £3868
    HSBC2 £4100 vs £3730
    Virgin 1 £3050 vs £2800
    House stuff and improvements £4460 Virgin 2 £2740
  • crunch_time
    crunch_time Posts: 1,353 Forumite
    I've put dd down for a nap so I can work out and from what I can hear upstairs it's clearly not happening. Thurs fri sat and sun are my workout days and my rule is I have to do something on these days and stretching on one of my days I work. I want to build up to working out in front of her but not at the moment as I don't trust her with anything as she is so mischievous. So I have done some weights and sit ups but not my whole program so maybe my mantra here should be something rather than nothing and I have done something today. And the day is not over yet xx
    19/8/19 vs now Current Total debt £14,188 Savings £2757
    Overdraft £1600 vs £1050
    HSBC1 £1900 vs £3868
    HSBC2 £4100 vs £3730
    Virgin 1 £3050 vs £2800
    House stuff and improvements £4460 Virgin 2 £2740
  • crunch_time
    crunch_time Posts: 1,353 Forumite
    Meant to add to my last post that the mantra something is better than nothing should be applied to the debt. I have split the remaining loan between 11 months and the amount to pay per month is £850. Popped that figure into my spreadsheet and it's doable and decided I'm going to Stu k at it. Nothing ventured nothing gained and all that. Better to try and fail than not try at all.

    It's taken ages to build my confidence to this level btw. Must be feeling very focussed xx
    19/8/19 vs now Current Total debt £14,188 Savings £2757
    Overdraft £1600 vs £1050
    HSBC1 £1900 vs £3868
    HSBC2 £4100 vs £3730
    Virgin 1 £3050 vs £2800
    House stuff and improvements £4460 Virgin 2 £2740
  • Excellent news! You should be proud of yourself. The way things are going, you'll get through the debt in no time.
  • crunch_time
    crunch_time Posts: 1,353 Forumite
    Excellent news! You should be proud of yourself. The way things are going, you'll get through the debt in no time.

    Thanks misty - I certainly hope so. Husband and I have been dreaming about foreign holidays for next year.

    I think we will break down the £850 over the month at least for the first month or so so it doesn't seem so bold. We shall see. £850 on 2nd Feb would bring it down to £8500 which is amazing!! Some of the things we thought we needed to pay for in Feb pay can actually be paid for in march pay which makes me feel better as we can't sell ourselves short then.

    I'm 35 and been in debt of varying degrees since I was 18. I must admit it feels very weird starting to see the light at the end of the tunnel. We might actually manage to be debt free this year!!

    Crunchy x
    19/8/19 vs now Current Total debt £14,188 Savings £2757
    Overdraft £1600 vs £1050
    HSBC1 £1900 vs £3868
    HSBC2 £4100 vs £3730
    Virgin 1 £3050 vs £2800
    House stuff and improvements £4460 Virgin 2 £2740
  • louby40
    louby40 Posts: 1,505
    First Anniversary First Post Combo Breaker
    Forumite
    Well done! It's a great feeling isn't it? I'm 48 next month and have always had some sort of debt, not massive but certainly a bit.

    So wish I'd realised what a mugs game it is. My eldest son is 17 and when he finally gets an apprenticeship I shall defintiely be sitting him down and talking to him about budgeting.
  • crunch_time
    crunch_time Posts: 1,353 Forumite
    Morning diaryland,

    Off sick today from work. I've had postnatal depression and anxiety in the past and felt overwhelmed by life yesterday and had to take a lot of deep breaths. I think it all manifested itself physically as I'm all achy and headachey today. The thought of carrying on with the day made me feel nauseas. Its like my body and my mind were screaming to be let off the treadmill and slow down for just a second. So I called in sick. Haven't told them the real reason (feeling overwhelmed with life just wont go down very well) and planning to go back tomorrow. Husband very supportive. Feeling better already.

    Checked our bank accounts and managed to find £19 to slush at the debt so paid off some more of the 0% card since it was under £50. This means we have paid 4% off during the first two weeks of January alone! and over £500 now in total.

    Pay day on Thursday although I wont be able to make any extra payments just yet until I know what February is going to cost us.

    Off to sort my head and my life out....

    Crunchy xx
    19/8/19 vs now Current Total debt £14,188 Savings £2757
    Overdraft £1600 vs £1050
    HSBC1 £1900 vs £3868
    HSBC2 £4100 vs £3730
    Virgin 1 £3050 vs £2800
    House stuff and improvements £4460 Virgin 2 £2740
  • crunch_time
    crunch_time Posts: 1,353 Forumite
    Evening diary,

    Got paid on Thursday but only just checking in as been knocked sideways by a nasty virus since Wednesday and only now starting to feel human again. Husband has been wiped out too and now DD has a cold. Tough times but we are on the mend and I have overpaid £50 on the loan and £24 on the credit card - happy days.

    I have £500 left in my account after I have squirrelled money away for childcare bills but that is for fuel, spending money and various things we need to buy for husbands car but hoping for some change so I can make more dents.

    Just keeping on plodding. Husbands payday is next Friday so we can make more movement in the right direction.

    Crunchy xx
    19/8/19 vs now Current Total debt £14,188 Savings £2757
    Overdraft £1600 vs £1050
    HSBC1 £1900 vs £3868
    HSBC2 £4100 vs £3730
    Virgin 1 £3050 vs £2800
    House stuff and improvements £4460 Virgin 2 £2740
  • Hope you all feel better soon!
    DFW (08/08) £64,346.53 Gone (02/19)
    MFW (08/08) £118k Gone (09/23)
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