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  • FIRST POST
    • edinburgher
    • By edinburgher 30th Oct 17, 5:22 PM
    • 11,329Posts
    • 60,707Thanks
    edinburgher
    The Edcawber Principle
    • #1
    • 30th Oct 17, 5:22 PM
    The Edcawber Principle 30th Oct 17 at 5:22 PM
    I think I promised a new and improved positive diary earlier on in the summer

    I'll try my best to keep it short and sweet, (unlike my credit card statements). Cutting a long story short, after renovating the house and an accidental car purchase (hey, it could've been a house!) we are probably better candidates for DFW

    We're now left with a much more relaxing house (we just finished our bedroom), a new car and 20,000 in credit card debt

    The new job goes fairly well, all things considered and our budget is starting to balance on a month-to-month basis. Basically I've said yes to everything, which is lovely, but immature. Mrs E realises the lie of the land and is supporting efforts to get back on an even keel. I'm eb@ying, saving cashback and making overpayments every Monday.

    DD and Mrs E are doing fabby, DD is the apple of our eye and remains chatty, affectionate and madcap
Page 36
    • SuperSecretSquirrel
    • By SuperSecretSquirrel 9th Apr 18, 10:26 AM
    • 708 Posts
    • 3,152 Thanks
    SuperSecretSquirrel
    Spreadsheets updated and my regular payment to the CCs was 199.96. This takes us below 60% credit utilisation, so a decent milestone
    Originally posted by edinburgher
    Nicely done

    Mtg [2013 64k|2014 51k|2015 38k|2016 26k|2017 14k] Zero!
    MN [2013-25k|2014-2k|2015+16k|2016+34k|2017+52k] +61,918.30(MFiT4:+60k)
    NW [2013 126k|2014 156k|2015 190k|2016 228k|2017 269k] 291,327.81 (2020:300k)
    FI [2013 -1.2%|2014 2.8%|2015 6.9%|2016 13%|2017 18%] 33.2% (exc SP)
    • beanielou
    • By beanielou 9th Apr 18, 4:37 PM
    • 58,913 Posts
    • 244,627 Thanks
    beanielou
    Indeed a decent milestone
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 12 lbs **

    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    It starts with you, it starts from now. *** It is ok to be me.***
    ***Keep plodding***
    Out of debt, out of danger. ***Be the difference.***
    • edinburgher
    • By edinburgher 9th Apr 18, 9:09 PM
    • 11,329 Posts
    • 60,707 Thanks
    edinburgher
    I get paid tomorrow and have cancelled or trimmed another 288.85 from May's budget, which has been paid off a CC. Call it paying myself first
    • beanielou
    • By beanielou 9th Apr 18, 9:14 PM
    • 58,913 Posts
    • 244,627 Thanks
    beanielou
    I get paid tomorrow and have cancelled or trimmed another 288.85 from May's budget, which has been paid off a CC. Call it paying myself first
    Originally posted by edinburgher
    That is awsome
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 12 lbs **

    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    It starts with you, it starts from now. *** It is ok to be me.***
    ***Keep plodding***
    Out of debt, out of danger. ***Be the difference.***
    • Karmacat
    • By Karmacat 9th Apr 18, 9:26 PM
    • 30,227 Posts
    • 175,545 Thanks
    Karmacat
    These are big chunks of money, Ed, you're doing brilliantly.
    Downsized and paid off mortgage 2010
    Retired August 2016
    Paid off French mortgage September 2018
    • edinburgher
    • By edinburgher 9th Apr 18, 9:31 PM
    • 11,329 Posts
    • 60,707 Thanks
    edinburgher
    Thanks Beanie and KC, I am trying. Just preparing to steel myself against the mid month lull when I have nothing left to pay

    In unrelated news, got DD a swimsuit, hat, shoes and a cute wee T-shirt avec papillons for 20. Seemed reasonable for the remnants of her holiday supplies, think she has almost everything now?

    Edit: am a big saddo, thought the money I had in a fixed rate ISA was maturing, but it's not for a month yet.
    • Karmacat
    • By Karmacat 9th Apr 18, 9:39 PM
    • 30,227 Posts
    • 175,545 Thanks
    Karmacat
    Thanks Beanie and KC, I am trying. Just preparing to steel myself against the mid month lull when I have nothing left to pay
    Originally posted by edinburgher
    Awww! You go at a thousand miles an hour or you'd like to, anyway

    In unrelated news, got DD a swimsuit, hat, shoes and a cute wee T-shirt avec papillons for 20. Seemed reasonable for the remnants of her holiday supplies, think she has almost everything now?
    Sounds good to me. I've just been faffing about with papillons myself today, in my inherited patchwork stash
    And omigod, children's clothes are so adorable these days!

    Edit: am a big saddo, thought the money I had in a fixed rate ISA was maturing, but it's not for a month yet.
    Like I say, a thousand miles an hour
    Downsized and paid off mortgage 2010
    Retired August 2016
    Paid off French mortgage September 2018
    • edinburgher
    • By edinburgher 10th Apr 18, 10:14 AM
    • 11,329 Posts
    • 60,707 Thanks
    edinburgher
    Oh the excitement - I've updated me spreadsheet and the V1rgin CC is now the one with the highest utilisation. My theory is that utilisation and total debt are the main issues for banks, so I direct payments accordingly. Massive payment made, I will miss that 1
    • Calfuray
    • By Calfuray 10th Apr 18, 4:18 PM
    • 993 Posts
    • 5,920 Thanks
    Calfuray
    My theory is that utilisation and total debt are the main issues for banks, so I direct payments accordingly.
    Originally posted by edinburgher
    Isn't it annoying when slow and sensible wins the race?

    Congrats on the below 60%
    • edinburgher
    • By edinburgher 12th Apr 18, 8:28 AM
    • 11,329 Posts
    • 60,707 Thanks
    edinburgher
    Oh the doldrums of the week. 2.43 paid off a CC in two installments, each mightier than the last
    • edinburgher
    • By edinburgher 12th Apr 18, 9:38 PM
    • 11,329 Posts
    • 60,707 Thanks
    edinburgher
    25.99 paid off a CC - Am@zon voucher shuffle.
    • beanielou
    • By beanielou 12th Apr 18, 9:42 PM
    • 58,913 Posts
    • 244,627 Thanks
    beanielou
    You are doing so well
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 12 lbs **

    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    It starts with you, it starts from now. *** It is ok to be me.***
    ***Keep plodding***
    Out of debt, out of danger. ***Be the difference.***
    • edinburgher
    • By edinburgher 12th Apr 18, 9:43 PM
    • 11,329 Posts
    • 60,707 Thanks
    edinburgher
    You are doing so well
    Originally posted by beanielou
    Cheers Beanie - feeling motivated Life is good and can only get better.
    • Suffolk lass
    • By Suffolk lass 13th Apr 18, 8:33 AM
    • 2,236 Posts
    • 22,953 Thanks
    Suffolk lass
    Thanks Beanie and KC, I am trying. Just preparing to steel myself against the mid month lull when I have nothing left to pay
    Originally posted by edinburgher
    I hate that bit. This month is worse because we were away in Scotland for the entire payments rush period so I missed out on the daily thrill of Tilly Tidying (sad, moi?). Now there is just the electricity bill left to pay. On the 23rd. You are not alone
    MFiT T4 #2 update 90.89% after Q11 against revised stretch target of 60k balance
    Save 12k in 2018 #53 108.06% 12,967.42/12,000 (after upping my target from 10k to 12k in October)
    OS Grocery Challenge 2018 spent 2,410.06/3,000 including stores 80.34% of my annual budget at the start of Dec.
    My DFD is here
    • edinburgher
    • By edinburgher 13th Apr 18, 8:05 PM
    • 11,329 Posts
    • 60,707 Thanks
    edinburgher
    I hate that bit. This month is worse because we were away in Scotland for the entire payments rush period so I missed out on the daily thrill of Tilly Tidying (sad, moi?). Now there is just the electricity bill left to pay. On the 23rd. You are not alone
    Originally posted by Suffolk lass
    TT are fun - my giddy thrill for the week remains the fact that V1rgin only accept 1+ payments, hence inflating my CC pay off

    19.02 paid off a CC (interest and cashback from the Spanish bank and Am@zon voucher shuffle on our new doorbell). Our Subscribe & S@ve items came today - great bargains, but I was very annoyed that the lid of a bottle of sun cream was smashed. They're sending a new one - might keep it as a spare if the pump actually works?

    Had a fun day with DD. Lots of lounging around, playing and dress up (her not me). We went to Mr S and I bought her a lovely "Elsa" dress (Frozen) and she was absolutely adorable - Disney should have made that character a redhead! All went well until I made her take it off for dinner (so as not to ruin it) - 20 minute crying tantrum

    She's sleeping now and Mrs E is out, so I'm off to tidy up and have a wee cheeky takeaway on the couch with a beer - have a lovely evening all
    • AlexLK
    • By AlexLK 14th Apr 18, 12:49 AM
    • 6,105 Posts
    • 32,382 Thanks
    AlexLK
    Those cards will be gone in no time at all, Ed.

    Anyway, there's nothing wrong with a bit of dress up ... Mrs. E. might like it.
    2018 totals:
    Savings 11,200
    Mortgage Overpayments 5,500
    • edinburgher
    • By edinburgher 14th Apr 18, 10:24 AM
    • 11,329 Posts
    • 60,707 Thanks
    edinburgher
    Anyway, there's nothing wrong with a bit of dress up ... Mrs. E. might like it.
    Originally posted by AlexLK


    1.33 to be paid off a CC this evening (only allowed one payment every 24 hours so have to wait).

    Mrs E and I have a rare afternoon to ourselves - SIL is having DD for a few hours

    Ps. I am the coolest guy ever - just realised that you can buy 25kg sacks of soda crystals on Am@azon Subscribe & S@ve
    Last edited by edinburgher; 14-04-2018 at 10:28 AM.
    • beanielou
    • By beanielou 14th Apr 18, 10:52 AM
    • 58,913 Posts
    • 244,627 Thanks
    beanielou
    Only allowed one payment in 24 hours Blimey. Not heard of that before.
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 12 lbs **

    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    It starts with you, it starts from now. *** It is ok to be me.***
    ***Keep plodding***
    Out of debt, out of danger. ***Be the difference.***
    • Suffolk lass
    • By Suffolk lass 14th Apr 18, 4:33 PM
    • 2,236 Posts
    • 22,953 Thanks
    Suffolk lass

    Ps. I am the coolest guy ever - just realised that you can buy 25kg sacks of soda crystals on Am@azon Subscribe & S@ve
    Originally posted by edinburgher
    What are you using them for? cleaning and laundry or other things?
    MFiT T4 #2 update 90.89% after Q11 against revised stretch target of 60k balance
    Save 12k in 2018 #53 108.06% 12,967.42/12,000 (after upping my target from 10k to 12k in October)
    OS Grocery Challenge 2018 spent 2,410.06/3,000 including stores 80.34% of my annual budget at the start of Dec.
    My DFD is here
    • edinburgher
    • By edinburgher 14th Apr 18, 5:23 PM
    • 11,329 Posts
    • 60,707 Thanks
    edinburgher
    Aye, mostly cleaning...
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