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    • mumof3.12kindebt
    • By mumof3.12kindebt 23rd Oct 17, 9:38 PM
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    mumof3.12kindebt
    Best put on my big girl pants! my saving for a deposit diary
    • #1
    • 23rd Oct 17, 9:38 PM
    Best put on my big girl pants! my saving for a deposit diary 23rd Oct 17 at 9:38 PM
    My diary to debt free and saving for a deposit by 35 .*updated feb 2018 - aim to be homeowners by if not hopefully before 30*

    we aim to save 25k before even going to the bank for a dip

    current age 25 . current financal status . trying but not trying hard enough . in debt with hardly a pot to wee in ... it has to change ... from today

    we have consolidated our debts as of November so will just do an update regarding extra payments and a remaining balance every few months.

    for the most part this will be my diary on saving for a deposit the highs lows and raising 3 children all currently 8yo or younger while doing it .
    Last edited by mumof3.12kindebt; 25-02-2018 at 10:13 PM.
Page 13
    • mumof3.12kindebt
    • By mumof3.12kindebt 16th May 18, 9:39 AM
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    mumof3.12kindebt
    I've struggled the last few days.
    I've been suffering another manic period with my bipolar (this is not an excuse) . And I've spent alot of money. Mainly Regarding the christening and I've been justifying it with the christening as a reason.
    I need to get back on the horse. That starts today. No more excuses. Between now and December. I'm going to be squirreling away every spare penny.

    On the upside my health is slowly improving. I've been focusing on eating better. Drinking at least a litre of water a day and cutting down on cups of tea. I haven't managed to quit smoking yet but I'm going to find my vape and start using that again. I've been doing yoga and walking abit more. And I can already see a difference in my legs. Its painful but it's paying off. At the end of the day I want to keep my cp in the best condition I can don't want to be permanently in a wheelchair any sooner than I need to be.

    I've sorted out all my accounts. They are all named with our target amount for each account.

    My credit rating keeps dropping though and I'm not really sure why as all I've done differently is massively pay off some of the debt. Any tips on trying to increase it would be apriciated as I'm at a loss.

    First module of my diploma has been sent off. And part a of my dementia. Just part b and c to do now. I haven't heard back from my dementia unsure if it's been marked. I need to chase this up.


    I need to renew the tax credits.
    And sort my banking out after a bad week. I need to face up to this and deal with it and next time I realise I'm going manic I need to lock my cards away. I feel very disappointed in myself as I've done so well up until this.
    I've managed to get some overtime at work so that will relieve it a little bit.

    I need to remove my card details being saved on my phone to avoid the temptation. I'm normally very on form with my finances so I'm totally gutted about all this.


    No point crying about spilt milk though. Let's get this all sorted and back on track
    • mumof3.12kindebt
    • By mumof3.12kindebt 18th May 18, 10:28 AM
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    mumof3.12kindebt
    yesterday i spent £2 on a bottle of pop and a chocolate bar... on my way to give blood for the first time. all went well. everyone was so lovely ... got my next one booked for 28th august . was a lovely experience , don't know why i haven't done it sooner !

    work later, more studying to do too. and food shop tomorrow
    • mumof3.12kindebt
    • By mumof3.12kindebt 19th May 18, 2:51 PM
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    mumof3.12kindebt
    Five things I want to do and places I want to visit with the kids before the end of the year are
    Harry Potter world
    London
    Cadbury world
    Weekend away camping
    Go to the beach and have fish and chips on the sea front.
    I also need to book for me and my partner to go water zorbing still.


    Moving is quite high on our priority list. Well it's basically at the top. But I've also realised we also need to live a little two otherwise it just becomes like it all feels abit too much and overwhelming ..
    • mumof3.12kindebt
    • By mumof3.12kindebt 21st May 18, 10:50 AM
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    mumof3.12kindebt
    Savings to date.
    £1002 in emergancy fund
    £3091 in house fund accounts

    Loan -£6000

    Did a food shop yesterday £85 spent
    Everything is sorted for the christening . Just the food to do which I have money separately put aside for.
    • mumof3.12kindebt
    • By mumof3.12kindebt 25th May 18, 1:33 PM
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    mumof3.12kindebt
    Update.

    Emergancy fund £1002
    House £4400
    Car £145

    Loan £6000
    • mumof3.12kindebt
    • By mumof3.12kindebt 25th May 18, 1:43 PM
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    mumof3.12kindebt
    Got an extra shift tonight. It's just a short shift.( 4 hours) but its extra pennies in the pot.

    Can't wait till pay day for June.
    • mumof3.12kindebt
    • By mumof3.12kindebt 25th May 18, 2:18 PM
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    mumof3.12kindebt
    These are the totals in accounts
    Aims for June

    Emergancy £1182
    House £5000
    Car £400

    Aims for July

    Emergency £1317
    Car £400
    House £6000

    Aims for August
    Emergency £1400
    Car £400
    House £6800

    September
    Emergency £1500
    House £7600

    October
    Emergency £1600
    House £8400

    November
    Emergency 1700
    House £9200

    December
    Emergency £1800
    House £10,000
    • mumof3.12kindebt
    • By mumof3.12kindebt 2nd Jun 18, 12:06 AM
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    mumof3.12kindebt
    First of the month.
    I've actually been paid on the first for once... Shock horror!!

    This month will be completely no spend apart from essentials and the christening food and Venue which has already been paid for.

    Totals in accounts today

    House £5200
    Emergency £1120

    Loan £6040
    • mumof3.12kindebt
    • By mumof3.12kindebt 2nd Jun 18, 4:49 PM
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    mumof3.12kindebt
    £4 spent yesterday on milk etc
    £15.05 Spent this morning at shop. £8 of it was ds2 which I need to take from his pocket money so actually spent £7.05

    £17 spent today on school shoes. Used Amazon as we had a. £10 voucher they should of been £27 hopefully these ones will last ds1 longer than the other pairs he has had.!!

    Im currently lay on the sofa with bad chest pain. Hoping it passes soon. Nice easy tea tonight. I have this weekend off work.

    We have spent the day relaxing and house work. Went for a walk with the kids earlier and they have played in the garden this afternoon and my grandma (kids great grandma visited) . expecting their nan to visit tomorrow (my ex MIL, we get on great most of the time).

    Kids christening next weekend. That's came round quick!

    Also I'm in a predicament. Next month do I pay off my loan and be completely debt free and start the saving journey again. Or do I carry on how we have been. I'm half tempted to book an appointment with my bank and see what they can advise and offer also regarding better rate Saving accounts etc
    • mumof3.12kindebt
    • By mumof3.12kindebt 2nd Jun 18, 8:24 PM
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    mumof3.12kindebt
    ive decided ... enough is enough.... im going to pay it off ... and start again... why would i even consider keeping the savings ... ill save myself a huge amount paying off my loan in 6 months instead of 30 ... when i took it out 6 months ago i took it out over 60 months ... so yeah... im not going to give the bank any extra than i need to ! here is too financial freedom !
    • mumof3.12kindebt
    • By mumof3.12kindebt 2nd Jun 18, 8:52 PM
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    mumof3.12kindebt
    ive done it ... after everything i have transferred tonight i think we will be left with £800 on the loan so that should be cleared by the end of this month !

    . i left £300 in emergancy fund for us to build on ...
    • mumof3.12kindebt
    • By mumof3.12kindebt 3rd Jun 18, 4:31 PM
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    mumof3.12kindebt
    £52.20 spent on food Thats a weeks shop shouldn't need much else.

    Got my dementia and diploma to crack on with tonight well the kids are in bed. Really need to get my bum moving with that!

    Health visitor is coming tomorrow.
    Work on Tuesday
    Peadiatrician and work on Wednesday
    Then I'm off till the week after as Ive taken some holiday ..
    So going to get some jobs done we have been putting off. Will only use stuff we alresdy have so wont cost anything
    • mumof3.12kindebt
    • By mumof3.12kindebt 30th Jun 18, 10:27 AM
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    mumof3.12kindebt
    July is just one more sleep
    So with July only one more sleep away.
    And a much needed break away booked for the begining of August (camping) it feels like there is no better time to get back on track and set ourselves a challenge for July.

    No spent july commences tomorrow.
    The basic rule is that we only buy essentials.

    It's both mine and my partners birthday in July (within a few days of each other). We have always gone out for each of our birthdays since we have been together. But that's not going to happen this time. I'm going to organize a date night at Home with a fakeaway instead.

    Hoping to do a carboot in July also.

    I'm not setting any other challenges for july as I dont want feel like its too much.

    Kids break up for school in 3 weeks so I'm going to fill the calander with lots of free activities Throughout the holidays with a few low spend ones.

    I dont have any other challenges but I do have a few more things I want to continue / focus on more than I have been
    These are
    1. studies
    2. 30 day water challenge
    3. 30 days no make up
    4. stick to the food shop list / meal plan
    5. try and get some overtime at the end of July
    6. pamper / movie night for myself
    7. organise a sleep over for eldest
    8. do more yoga
    9. have a date night in the garden under the stars
    10. Have a fakeaway night for our birthdays
    11. sort an activity each day I'm off on the weekends and school holidays so we are not stuck at home
    12. sort out a realistic plan and budget for between now and December
    • mumof3.12kindebt
    • By mumof3.12kindebt 30th Jun 18, 11:37 AM
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    mumof3.12kindebt
    This weeks plan.

    sunday
    Sort through food make a meal plan and list
    Declutter hall and bedrooms
    Carboot?

    Monday
    Skip run
    Food shop / petrol
    park with the kids
    Ds2 nursery
    Yoga

    Tuesday
    Work
    Football game with popcorn
    Take the kids for a walk
    Kids clothing exchange?

    Wednesday
    Work
    Park with the kids
    Yoga

    Thursday
    Ds2 nursery
    Get swimming pool out and set up for kids

    Friday
    Movie night
    Swimming pool fun
    fakeaway night

    Saturday
    Go out for the day - national trust pass? Beach? Take a picnic

    Sunday
    Work
    Church
    Carboot?
    • mumof3.12kindebt
    • By mumof3.12kindebt 18th Jul 18, 12:44 PM
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    mumof3.12kindebt
    I haven't posted for a while.
    Life has been busy.
    I'm still trying to stay focused.
    Will end the year debt free and hit our emergency savings goal if we stay on track.

    We have the summer holidays to look forward to which starts on Friday. I have some holiday booked off for 3 out of the 6 weeks.
    I plan to do as many free days out as possible. The basic rule being if I'm not working that day we go out somewhere and find something to do outside of The house. And if the weather is really bad we will do free activities at home using things we already have here. Art. Baking. Movie days . Board game nights etc.

    In September ds2 starts school.

    I need to draw up a savings plan for us to stay on track. And to help us visually see we are getting closer to our goal.

    I'm working on gaining my qualifications to work up the ladder in my career.
    All I need my partner to do in the next few years is pass his driving test. This will help take pressure off me and means we could move without moving the children schools.

    For now we are paddling on.
    I have 3 main goals. (listed in order of priority)

    1. Pay off last bit of debt
    2. Build a minimum of a 5k emergency fund
    3. Build our deposit fund (25k) + moving costs estimated (8k)

    After all this is done. We are going to travel with the children. Take them to Disneyland Paris and hopefully get married.

    The aim is still to complete the 3 goals above by age 30 . That's just 4 years away.

    I've been keeping good track of our finances this month and will continue to do this to see where we need to focus on cutting back further.
    • mumof3.12kindebt
    • By mumof3.12kindebt 21st Jul 18, 8:58 PM
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    mumof3.12kindebt
    Today we used our national trust pass and had a free day out

    I've also half filled the summer holidays with free activities for us will keep researching to get the diary filled. Going to chuck in a few play days which will help.
    We also have a few appointments so those days will be activities at home.

    Keeping life busy. On a low or no cost and making lots of memories... I have a feeling this will be the best summer holiday we have had so far.
    • mumof3.12kindebt
    • By mumof3.12kindebt 10th Aug 18, 8:28 PM
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    mumof3.12kindebt
    so we went away on sunday.
    we were suppost to be staying until the saturday but had to come home on wednesday as the two youngest got hit with a sickness bug. wednesday night the rest of us came down with it .... which has been lovely (note sarcasm) . ive dettol'ed everything including the inside of my washing machine.

    we are mostly on the mend now. 3 children being ill a partner ill and yourself ill is no fun and games ... honestly ive never had them all ill together before.... possible one of the many bad experiences of my parenthood ......
    • debtaghh
    • By debtaghh 10th Aug 18, 9:43 PM
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    debtaghh
    So sorry to hear that, hope you alll fully recover quickly!
    • zcrat41
    • By zcrat41 11th Aug 18, 6:44 AM
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    zcrat41
    Oh no! There is nothing worse than a family tummy bug!
    Aim: To o/p the mortgage by £131 pm.
    07/18: £254. Smashed it!
    08/18: £219.31 Smashed it again!
    09/18: £131 Acheived challenge
    10/18 £Target £131 plus £50 into savings
    • mumof3.12kindebt
    • By mumof3.12kindebt 12th Aug 18, 4:44 PM
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    mumof3.12kindebt
    Thankyou both. Everyone seems much better today we are all just low in energy. So had a chill out day with board games and films.

    Im doing a 50 day no spend challenge starting today. Ending the last day in September. I've managed to source most of the children's uniforms ready for school. And they have shoes and backpacks that are still in good condition. I want to get as much into our savings account as I can.

    I'll update with current figures over the next few days. We still have some Debt. But I will also have a 8 month electricity bill to pay due to our meter breaking so I've been putting money in our savings account for that.

    I have no energy at all and I'm full of cold. I also have my diploma to catch up on and some training for work. I really need to learn to just crack on with work from my diploma and just get it out the way and completed. With three kids work and running a house it's another thing that takes up alot of time although I Am enjoying studying I'm looking forward to a time when I'm able to relax in the evenings again.

    On a financial front I have around £2k of debt left. And £1500 in savings.
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