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  • FIRST POST
    • a_silver_lining
    • By a_silver_lining 21st Nov 17, 3:52 PM
    • 219Posts
    • 664Thanks
    a_silver_lining
    Money Saving Mojo 2
    • #1
    • 21st Nov 17, 3:52 PM
    Money Saving Mojo 2 21st Nov 17 at 3:52 PM
    Since buying my flat in 2014 I have tried and failed to rebuild some savings and repay a family member's loan. I first had issues with my mental health in 2013, and since then have had a few episodes, which have greatly impacted on my finances. It's a stark difference from my early 20's of saving money and being career orientated.

    In 2015 I started well and paid 1k off the mortgage and 2.5k off the loan. I actually had over a grand emergency fund.

    In late 2015-2016 I then suffered with my mental health and experienced long term sick leave unpaid. I spent a lot of money trying to feel better and then focused my spending on doing up my home.

    2016 I changed jobs to try and help my mental health. My wage dropped and I kept spending money on holidays and home.

    Early 2017 I went from full-time to part-time with another gap with no money on sick pay. I changed career entirely and it seems to have been the best decision for me. This alongside help from services and more self care has helped me feel happier.

    Presently I am on a much tighter budget with this new job and need to relearn how to manage my money. I have been paying 25 a month towards my family debt for a while, and so have paid off 2750/10,000k so far. I have 650 emergency fund, which I would like to increase to 3k before increasing my repayments to family. I am currently putting 250 aside (or plan to!)

    Will sort out a SOA later in the week

    Other plans this week are to put some items on ebay cheap just to shift them. I also want to return some crackers I bought and make my own Christmas cards this weekend.
    19/12/14: Spent 10 years of savings!!
    ..... to buy my first home.

    2018: 1200 savings --- Family Loan (3250 direct + 1750 saver) 5000/10K paid 50%
    #38 1% Challenge: 514.70/ 2018, now at 25%!
Page 1
    • Chrystal
    • By Chrystal 21st Nov 17, 4:23 PM
    • 261 Posts
    • 1,710 Thanks
    Chrystal
    • #2
    • 21st Nov 17, 4:23 PM
    • #2
    • 21st Nov 17, 4:23 PM
    Hi and welcome.

    I'm sure you'll get lots of help and support on here.
    GC. Oct.17 = 261.18/ 300 = + 38.82 NSDs 20/31
    GC. Sept.17 = 354.89/300 = - 54.39

    • a_silver_lining
    • By a_silver_lining 26th Nov 17, 8:59 PM
    • 219 Posts
    • 664 Thanks
    a_silver_lining
    • #3
    • 26th Nov 17, 8:59 PM
    • #3
    • 26th Nov 17, 8:59 PM
    Thanks Crystal

    Right, payday so recalculating my savings.

    400 in a fixed saver (maturing March 2018)
    500 in my 250pm regular saver.
    740 left in my current account, which I guess counts as an 'emergency fund' for now.

    I managed to put some items and sell them. The rest have been offered to friends or given to charity. I still need to return the Christmas crackers. Christmas cards I have decided to email to my work contacts and so save money making them!

    Jobs this week are to sort out getting the best quote for building insurance. Post SOA. I want to double check my Christmas gift bag as I think I have now bought for everyone on my list. I have been buying them over the year and writing a note in my phone of the item and cost. It has helped me buy the right gifts when I see them, spread the cost and ensure I didn't over buy for one or two people.
    19/12/14: Spent 10 years of savings!!
    ..... to buy my first home.

    2018: 1200 savings --- Family Loan (3250 direct + 1750 saver) 5000/10K paid 50%
    #38 1% Challenge: 514.70/ 2018, now at 25%!
    • a_silver_lining
    • By a_silver_lining 26th Nov 17, 9:01 PM
    • 219 Posts
    • 664 Thanks
    a_silver_lining
    • #4
    • 26th Nov 17, 9:01 PM
    • #4
    • 26th Nov 17, 9:01 PM
    SOA below.

    Debt is a family debt loaned towards me buying my property. No interest charged.

    Mortgage in my own name. Partner pays 300 rent and 110 towards bills (220 total). Partner pays own phone and TV licence separately to this. I pay my own phone, pet insurance, boiler cover and building insurance (annually) separate to this as cat and property are my own.

    Statement of Affairs and Personal Balance Sheet

    Household Information

    Number of adults in household........... 2
    Number of children in household......... 0
    Number of cars owned.................... 1

    Monthly Income Details

    Monthly income after tax................ 1271.77 Pay will increase by 27 in March and I will ammend SOA then
    Partners monthly income after tax....... 0
    Benefits................................ 0
    Other income............................ 410 300 rent and 110 towards bills from partner.
    Total monthly income.................... 1681.77


    Monthly Expense Details

    Mortgage................................ 453.3 5 year fix ending 12.19
    Secured/HP loan repayments.............. 0
    Rent.................................... 0
    Management charge (leasehold property).. 0
    Council tax............................. 110
    Electricity............................. 22
    Gas..................................... 19
    Oil..................................... 0
    Water rates............................. 42.41 Increased due to direct debit date change. On a meter and I feel that this is high!
    Telephone (land line)................... 0
    Mobile phone............................ 17.99 Contract as my sim only phone died after 5 years I will go sim only after contract ends.
    TV Licence.............................. 0
    Satellite/Cable TV...................... 0
    Internet Services....................... 26
    Groceries etc. ......................... 0
    Clothing................................ 0
    Petrol/diesel........................... 0
    Road tax................................ 0
    Car Insurance........................... 0
    Car maintenance (including MOT)......... 0
    Car parking............................. 0
    Other travel............................ 0
    Childcare/nursery....................... 0
    Other child related expenses............ 0
    Medical (prescriptions, dentist etc).... 0
    Pet insurance/vet bills................. 24.06 Senior cat lifetime policy
    Buildings insurance..................... 0
    Contents insurance...................... 0
    Life assurance ......................... 0
    Other insurance......................... 16.9 Boiler cover as keeps breaking down and as two women living along we kept being ripped off by plumbers!
    Presents (birthday, christmas etc)...... 0
    Haircuts................................ 0
    Entertainment........................... 0
    Holiday................................. 0
    Emergency fund.......................... 300 300pm in 5% monthly saver which will act as emergency fund. Maturing 01/19
    Savings................................. 250 250pm in 5% monthly
    saver ending 08/18 this will then be paid off debt in lump sum.

    Total monthly expenses.................. 1281.66



    Assets

    Cash.................................... 2342.3
    House value (Gross)..................... 195000 Nextdoors sale price
    04/17

    Shares and bonds........................ 0
    Car(s).................................. 0
    Other assets............................ 0
    Total Assets............................ 197342.3



    Secured & HP Debts

    Description....................Debt......Monthly.. .APR
    Mortgage...................... 94489....(453.3)....0
    Total secured & HP debts...... 94489.....-.........-


    Unsecured Debts
    Description....................Debt......Monthly.. .APR
    Family Debt....................7200......100.......0
    Total unsecured debts..........7200......100.......-



    Monthly Budget Summary

    Total monthly income.................... 1,681.77
    Expenses (including HP & secured debts). 1,281.66
    Available for debt repayments........... 400.11
    Monthly UNsecured debt repayments....... 100
    Amount left after debt repayments....... 300.11


    Personal Balance Sheet Summary
    Total assets (things you own)........... 197,342.3
    Total HP & Secured debt................. -94,489
    Total Unsecured debt.................... -7,200
    Net Assets.............................. 95,653.3


    Created using the SOA calculator at www.stoozing.com.
    Reproduced on Moneysavingexpert with permission, using other browser.
    Last edited by a_silver_lining; 22-02-2018 at 12:18 PM. Reason: updated SOA 08/02/18 to reflect new changes
    19/12/14: Spent 10 years of savings!!
    ..... to buy my first home.

    2018: 1200 savings --- Family Loan (3250 direct + 1750 saver) 5000/10K paid 50%
    #38 1% Challenge: 514.70/ 2018, now at 25%!
    • fay66
    • By fay66 26th Nov 17, 11:00 PM
    • 737 Posts
    • 2,051 Thanks
    fay66
    • #5
    • 26th Nov 17, 11:00 PM
    • #5
    • 26th Nov 17, 11:00 PM
    I suffer with depression too, hence my erratic spending , its hard isnt it
    Inland revenue 4500=
    Loan 2610/1988
    Pay day loans -1400 1st pay 16 march 50
    Credit card 1 -5100/4850 int froze
    CC2 -978
    CC3 - 500/548 cc4 165/200
    • a_silver_lining
    • By a_silver_lining 4th Feb 18, 11:42 AM
    • 219 Posts
    • 664 Thanks
    a_silver_lining
    • #6
    • 4th Feb 18, 11:42 AM
    • #6
    • 4th Feb 18, 11:42 AM
    Long time not checking in on here. I have been active on the 1% challenge though and am working hard to make a little more money.

    Update
    My mental health has been okayish this winter. It's better then normal and I think that's due to working more outdoors. I have struggled to motivate myself to exercise and get into my garden so I am hoping that will improve with the weather. I need to put a plan in place for next winter I think. Another positive is a promotion. I received a small pay increase but with the proviso that I can negotiate it up should I survive the busy season.

    I need to redo my SOA, but am going to wait until next month as I have shifted all my direct debits dates to just after payday to help me 'see' my money and this has moved some payment amounts.

    Cat insurance is also much more this month now he is a senior cat. My partner and I are going to reassess how much she contributes to bills so it is halved better.

    I've had a small payrise of 27pm and am due another of the same in March.

    Plan
    I have committed to putting aside all my paypal money to then go off the family debt in chunks. I got all excited and thought I could save 10k this year and then realised I have debt to repay, so I'm back to thinking I should have an emergency fund and all else go on the debt.

    Savings: Plan is that my new saver starting this week at 300pm will be my emergency fund. By the end of the year I should have 3300.

    Debt: Family debt now repaid 2800, so 7200/10k remaining.
    I have decided to up the repayments from 25pm to 100pm which will equal 1100 this year - Debt 6100/10k.
    My 250pm saver maturing in August will go straight off the debt at 3085ish - Debt 3015/10k.
    I can continue paying 250 off Sept-Dec - 2015/10k
    May plan is to make 2018 extra money this year so in theory that will repay the last of the debt!

    This plan leaves me 270pm to live on after bills, savings, debt. So for food, travel, fun, unexpected bills, course fees. It will go up to 297 in March.

    I don't know how realistic that is as I tend to spend between 350-500pm when not watching my money. However, I do have 100-200 in my current account as a buffer and 400 in wealthify, 100 in Orbis, 400 in a switching account. So this could be used if needed.
    Last edited by a_silver_lining; 27-02-2018 at 11:02 AM.
    19/12/14: Spent 10 years of savings!!
    ..... to buy my first home.

    2018: 1200 savings --- Family Loan (3250 direct + 1750 saver) 5000/10K paid 50%
    #38 1% Challenge: 514.70/ 2018, now at 25%!
    • a_silver_lining
    • By a_silver_lining 4th Feb 18, 11:53 AM
    • 219 Posts
    • 664 Thanks
    a_silver_lining
    • #7
    • 4th Feb 18, 11:53 AM
    • #7
    • 4th Feb 18, 11:53 AM
    Money available to spend:

    I returned a Christmas gift I was given the gift receipt for. It was lovely, but for me a very expensive candle 25.99 on a boots gift card. I never shop there so I need to remember I have the card.

    I have 10 M+S voucher in my email from a pension provider. Again I need to remember I have it and use it.

    My partner and I have 45ish of tesco clubcard points. We looked for holiday and travel bits but I think we need to find another use for them as topping up for a hotel seemed very expensive!

    I have a 95! credit from a course I cancelled last year when I had my breakdown. I was very lucky they refunded me. I looked last year but couldn't find another course I wanted. I am going to look tonight and book anything, even if I give it as a gift to a friend as I don't know how long they will let me have credit for. It's already been a year. This is a great example of me being forgetful about money.

    A goal today is to check the rest of my gift cards and see if I have more hidden money.

    Money made:

    My Quidco 10 transferred into my account. This is from last years pet insurance switch, a good example of me forgetting I have money in places!

    I have one ebay parcel to post and listed 16 listings last night. I still have a lot more to put up.

    I am going to sort through items which haven't sold and charity shop the rest. I can be terrible at hoarding and part of my goal this winter was to Marie Kondo and clear loads of room for me and my mental health to have room to stretch in.
    Last edited by a_silver_lining; 04-02-2018 at 3:09 PM.
    19/12/14: Spent 10 years of savings!!
    ..... to buy my first home.

    2018: 1200 savings --- Family Loan (3250 direct + 1750 saver) 5000/10K paid 50%
    #38 1% Challenge: 514.70/ 2018, now at 25%!
    • a_silver_lining
    • By a_silver_lining 4th Feb 18, 3:26 PM
    • 219 Posts
    • 664 Thanks
    a_silver_lining
    • #8
    • 4th Feb 18, 3:26 PM
    • #8
    • 4th Feb 18, 3:26 PM
    I suffer with depression too, hence my erratic spending , its hard isnt it
    Originally posted by fay66
    Thank you Fay66 for your reply. It is really hard. I've been so lucky to have had a good 6 months or so, especially over the winter.

    It has caused massive loss of income over the years. I kick myself sometimes for turning down promotions (I was offered two in my last job, and one in my earlier 20s) not going into the profession I trained for (instead I chose to work unqualified roles), all due to lack of confidence in myself and also the fear that my psychosis would impact on my work, and then my depression and anxiety causing me to have time off work unpaid, going part time etc... and the resulting impact on my finances.

    But then I look at that list and realise that if someone else told me that had been the impact of their mental health on their finances (never mind the rest of their life!) I would realise they are unwell... so I need to appreciate that I am unwell and take care of myself. It is something I only accepted at 30.

    I started a 5 year gratitude journal a few weeks ago and am trying to help myself realise the fantastic things I do despite my mental health. I'm hoping that it's one more way to support myself not to relapse.

    I bought my flat after my first breakdown, despite my first breakdown. I changed job last year straight after my last breakdown and am earning, receiving and accepting promotions. I am passing exams and attending college and should have a related qualification by the end of this year. By the end of this year I want to also be able to add that I had the confidence to negotiate a proper pay rise and repaid my family debt that would be fantastic
    19/12/14: Spent 10 years of savings!!
    ..... to buy my first home.

    2018: 1200 savings --- Family Loan (3250 direct + 1750 saver) 5000/10K paid 50%
    #38 1% Challenge: 514.70/ 2018, now at 25%!
    • a_silver_lining
    • By a_silver_lining 6th Feb 18, 7:53 AM
    • 219 Posts
    • 664 Thanks
    a_silver_lining
    • #9
    • 6th Feb 18, 7:53 AM
    • #9
    • 6th Feb 18, 7:53 AM
    Update
    Did really well the last two days. Both days I did an hour in the garden tidying. I cleared two bags for charity which my partner will take today.

    Ebay selling going well, I have now sold 20 items and at over 130 made. Posting these today.

    I have exams today, which is why I've been off for a few days in a row. I'm bringing a packed lunch and tea to be moneysaving, especially as I need to pay for a train after which I can only imagine will dent the budget.

    I'm planning on heading back to town rather than home to encourage me to attend my evening course. Hopefully this will give me time to post my parcels and not to spend. It's the first time in weeks I will have been in a place with shops...
    Last edited by a_silver_lining; 27-02-2018 at 11:00 AM.
    19/12/14: Spent 10 years of savings!!
    ..... to buy my first home.

    2018: 1200 savings --- Family Loan (3250 direct + 1750 saver) 5000/10K paid 50%
    #38 1% Challenge: 514.70/ 2018, now at 25%!
    • a_silver_lining
    • By a_silver_lining 6th Feb 18, 4:24 PM
    • 219 Posts
    • 664 Thanks
    a_silver_lining
    Update
    Exams sat. I think, I hope, I passed.

    Parcels posted. They came to slightly more than expected so tonight I need to review my listings and add a bit more on for postage maybe.

    Apart from posting bits I had a bit to eat and then bought a 14.99 flower pot. So stunning but I went and sat in a cafe for free (cheeky charge of the mobile) and after ten minutes decided to return it. So refunded and took the money off my app off my phone. I feel really proud of myself. Normally want to spend loads in town!

    Also bought myself a single bus ticket to force myself to walk part of the way back. I'm getting a lift but they are going to be late so I figure I'm better walking for an hour then busing and then standing for an hour. Money saving and good exercise for my mental health as I haven't been able to Garden today.
    Last edited by a_silver_lining; 27-02-2018 at 11:00 AM.
    19/12/14: Spent 10 years of savings!!
    ..... to buy my first home.

    2018: 1200 savings --- Family Loan (3250 direct + 1750 saver) 5000/10K paid 50%
    #38 1% Challenge: 514.70/ 2018, now at 25%!
    • a_silver_lining
    • By a_silver_lining 7th Feb 18, 8:14 PM
    • 219 Posts
    • 664 Thanks
    a_silver_lining
    Update
    Have carried on doing well. I realised today that I had not bought coffee (my weakness) or lunch at work this year so far

    That said 41.50 of my 96.72 spending this month has been eating out!, so takeaways, coffee (out of work days) meals out. So this needs addressing.

    I called and arranged for a 1.50ish cheque I received over a year ago from an energy company to be resent to me. It's money left on my account when I switched. So annoyed they don't just bank transfer you it, think how much unclaimed profit they must have from people like me not bothering to cash a cheque!

    Came home to some more ebay sales and so now have 8% of my goal of made money sitting in my paypal account. So chuffed. This will be going off my debt at the end of the year

    Made a fruit cake, my first time baking one and it's smelling delish. I've decided to use up store cupboard ingredients and the currents and alcohol was left over from my partners Christmas pudding baking.

    To Do List
    Goal tonight is to package up my parcels to post on my day off tomorrow and to list some more ebay bits. I have 35+ jewellery items to sell and they seem to be going well so fingers crossed!
    Last edited by a_silver_lining; 27-02-2018 at 11:00 AM.
    19/12/14: Spent 10 years of savings!!
    ..... to buy my first home.

    2018: 1200 savings --- Family Loan (3250 direct + 1750 saver) 5000/10K paid 50%
    #38 1% Challenge: 514.70/ 2018, now at 25%!
    • a_silver_lining
    • By a_silver_lining 8th Feb 18, 1:20 PM
    • 219 Posts
    • 664 Thanks
    a_silver_lining
    Update
    Spent an hour today and edited SOA to show new income and accurate bills. I called around and found out exact amounts. Surprised my mortgage is under 95k!

    Have eaten a lot of cake today but not gone to the post office yet. I am going to make a cuppa and package up the bits and head out.

    I have lowered some prices on ebay for my old auctions but still haven't posted more.
    Last edited by a_silver_lining; 27-02-2018 at 10:59 AM.
    19/12/14: Spent 10 years of savings!!
    ..... to buy my first home.

    2018: 1200 savings --- Family Loan (3250 direct + 1750 saver) 5000/10K paid 50%
    #38 1% Challenge: 514.70/ 2018, now at 25%!
    • a_silver_lining
    • By a_silver_lining 22nd Feb 18, 12:14 PM
    • 219 Posts
    • 664 Thanks
    a_silver_lining
    I've been a bit up and down financially since I last checked in.

    Making extra Money
    I've hit 17% of my 2018 target. 10 from Quidco, 125 from a bank switch (second bank account I set up purely for switching and 5% saver) and the rest from ebay sales, LOADS of small ebay sales. They really do add up.

    Spending Review
    On the down side I'm 14.55 over my 270 monthly budget this month and 5 days to payday with a food shop needed.

    Looking at my spending the biggest spends were 65.39 on eating out!! So takeaways, dinner out, coffee, emergency food.
    50 on the house as my contribution to the neighbour putting up a shared gate for our alley.
    48 for night out. A rare one for me as I'm not a going out person.
    33.70 for 'making money'. This is postage. Technically this has been covered by money in my paypal account (I've left all 'made' money there and trying to not transfer it over to my main account so to build up extra savings) so I'm technically 20 under my monthly budget.

    upcoming Spends...
    Next month I have my birthday and I'm debating asking for money towards buying a specimen plant. We have a big staff discount and I'd love a tree fern or a large olive tree to add height to my garden.

    I am also booking a trip back to Ireland with my partner. It will be our one holiday this year. Flights are cheap and we are trying to borrow a family car to save 180 on renting a car. The main expense is that we are staying in a holiday cottage this time. Usually we stay with family but we want to test out living in an area we could consider moving to, as my partner is Irish.

    - Actually booked whilst typing this, it's 230 for me. My plan is to use the 425 sitting in my spare account to pay towards the 300 regular saver and so not transfer over this 300 into savings. Instead I will send the 230 to my partner to pay my half, and 70 into savings. I'll try and spend less this month to see if I can recoup some money... perhaps I need a pot of money for spends like this.... perhaps my 1% challenge should be additional monthly spending money for holidays and fun and my 550 saved out my wage be the untouched savings... hmm...

    To do list
    - This month I switched all my direct debit dates to line up with payday, so I need to check in on payday to see how much 'excess' money I have in my account as a buffer for if I overspend. I'm being quite tight with my budget so this money will be needed I think. Done, but ongoing issues with concil tax taking a double payment.

    - I have been doing well with ebay. Goal today is to post some parcels, leave some feedback, consider accepting some offers on items / reduce items. Annnd I really need to photo my next batch of items, clothes and start listing them this week. Items posted, reductions made, clothes photod bar a few which need to be ironed first. Need to list hem

    - Food shop, healthy and in budget. I'm working towards defrosting the freezer so need to meal plan with that. Foodshop done and will cover a lot of March. Meal planned in it for healthy meals

    - Check out MSE birthday freebies as mine is a few weeks away and a great way to treat myself on this budget!!
    Last edited by a_silver_lining; 02-03-2018 at 11:46 AM.
    19/12/14: Spent 10 years of savings!!
    ..... to buy my first home.

    2018: 1200 savings --- Family Loan (3250 direct + 1750 saver) 5000/10K paid 50%
    #38 1% Challenge: 514.70/ 2018, now at 25%!
    • a_silver_lining
    • By a_silver_lining 25th Feb 18, 8:42 AM
    • 219 Posts
    • 664 Thanks
    a_silver_lining
    Saving Update
    I posted on the 'Save 12k in 2018' thread on the saving forum and so thought I would check back in here. I last checked in there on 03.02.18 with 2295.20 / 10k saved. Now at 2835 / 10k saved.

    250 saved in regular saver (annoyingly comes out three days before payday so I have to wait to count it.)
    125 from a switched bank account.
    118 made from ebay sales.

    To help me keep track: 1250 Hsbc 5% saver, 100 Orbis, 400 Wealhify, 260.30 paypal (1% challenge), 525 in TSB account 300 TSB 5% saver. Debt 2800/10k.

    This month I have 100 going to the debt, 250 going into my HSBC regular saver.

    I need to give 230 to my partner for our summer holiday and so 70 rather than 300 will go into my TSB account.

    I aim to spend below my monthly 270 spending money and to raise more from ebay to make up some of this 230.

    I don't know if this will be possible. It's payday o the 27th and I have no spending ahead... so...:

    February spending review
    Food shopping 102.29 (2.29 over budget) This was done at the end o the month and so unused. The plan is to eat this and freezer food to try and spend 50 in March
    Eating out 65.39 This is so high considering that I now take lunches into work. I need to focus on this in March
    House specific 50 (garden gate, a irregular spend, but I think i is good t budget in for irregular house spends as maintenance happens)
    Night out / Entertainment 69.85 Irregular spend,
    but I will need to set an entertainment budget

    Making money Posting for ebay. Technically this sat in my paypal account so brings my overspend this month down a bit
    Travel 16
    Stuff for me 11 Screen cover as mine smashed
    Lottery 10 I need to decide if I stay in my work syndicate
    Total 364.25 / 270

    Eating out and ebay postage would bring me into budget this month, so I'll focus on that. I'm lucky that this month I had some buffer in my curren account and didn't pay the 100 ongoing payment to my debt so it hasn't affected me... but needs to be addressed or I need to rejig my expectations.
    Last edited by a_silver_lining; 27-02-2018 at 10:58 AM.
    19/12/14: Spent 10 years of savings!!
    ..... to buy my first home.

    2018: 1200 savings --- Family Loan (3250 direct + 1750 saver) 5000/10K paid 50%
    #38 1% Challenge: 514.70/ 2018, now at 25%!
    • a_silver_lining
    • By a_silver_lining 27th Feb 18, 10:57 AM
    • 219 Posts
    • 664 Thanks
    a_silver_lining
    Debt Payment
    Payday and 100 paid off debt, so now at 2900 paid of 10k.

    I had a chat with a colleague yesterday about my feelings about the family debt. I hold a lot of anger and frustration there. I've realised that paying it sooner, prioritising it over my savings will relieve a lot of that frustration. I debated getting a loan to pay them back as that would motivate me to pay it quicker... but I know that's risky and impulsive. I need to stick to my plan of paying the regular saver to them, when it matures. and make up the deficit.

    Savings/ Emergency Fund Review
    I will not aim for my 10k savings Instead the focus will be on an emergency fund. I will keep my 300pm regular saver as my emergency fund. By August it will be at 2100, so enough for a boiler repair or another emergency.

    Debt Plan Review
    So I'm going back to my initial plan.

    By the end of August my 100pm repayment will have increased the repayment to 3500/10k.

    My regular saver will then mature to be about 3100, so if paid directly to the debt will be at 2/3rds, 6600/10k repaid.

    So I need to find 3400 by the end of August to be debt free. I was aiming for earning and saving 2018 this year additional to my wage, so that will be focused on this amount and act as an emergency fund I can dip into until August.

    I presently have available for August 260 in paypal, 400 in Wealthify, 225 in TSB and checking my main account about 300 floating in there. So 2215 to find for the end of August. I don't know if it will be doable but at least I will be debt free by Christmas by the look of it...

    Goals for Today
    Day off today so I will iron and photo the last ebay clothes and then post them online.

    I will package and try and get through the snow to post ebay parcels on time. Slipped on the ice once!! but all ok and parcels sent

    I will finish looking at birthday discounts ready for my birthday

    10 of ladies socks or tights birthday voucher received from MandS - off to a good start. Will spend this Saturday.

    Found a free Hot Yoga session from a place I tried before. I normally shy away from places like it, but I've decided I will go this Sunday 10-11.30.
    Last edited by a_silver_lining; 27-02-2018 at 5:55 PM.
    19/12/14: Spent 10 years of savings!!
    ..... to buy my first home.

    2018: 1200 savings --- Family Loan (3250 direct + 1750 saver) 5000/10K paid 50%
    #38 1% Challenge: 514.70/ 2018, now at 25%!
    • a_silver_lining
    • By a_silver_lining 2nd Mar 18, 11:46 AM
    • 219 Posts
    • 664 Thanks
    a_silver_lining
    230 transferred to my partner to pay for our holiday. The remaining 70 transferred to FD.

    To help me keep track: 1250 Hsbc 5% saver, 100 Orbis, 400 Wealhify, 260.30 paypal (1% challenge), 295 in FD saver, 600 FD 5% saver.
    Savings 2905
    Debt 2900/10k.

    To do List
    My dad sent me 100 for my birthday to buy a big plant, so we are going shopping today I am also going to 'spend' my 10 MandS voucher on socks so I don't forget and waste it.
    Went and bought my socks. They came to 12, so 2 reduces with the 10 voucher. They surprised me by honouring the 20% sparks discount off the remaining 2, so I paid 1.60. Just a heads up to use the discount with the voucher if anyone else receives it


    Have emailed council tax people as although I knew my bills would be all over the place due to changing my direct debit dates, it seems the council has so decided to take a double payment from me. I want to see my bill for the year ahead and be able to see that this double payment isn't lost to them. Really annoying as makes it difficult to see clearly what excess money I have in my account. Thank goodness I have that small buffer in the account!
    Last edited by a_silver_lining; 02-03-2018 at 5:12 PM.
    19/12/14: Spent 10 years of savings!!
    ..... to buy my first home.

    2018: 1200 savings --- Family Loan (3250 direct + 1750 saver) 5000/10K paid 50%
    #38 1% Challenge: 514.70/ 2018, now at 25%!
    • a_silver_lining
    • By a_silver_lining 8th Mar 18, 5:37 PM
    • 219 Posts
    • 664 Thanks
    a_silver_lining
    So a very spendy day for me!

    On top of the 235 spent last month booking our summer holiday (and only trip away from home this year, not that that helps justify it much)...

    I spent 243 on a year gym membership today. To justify it, I have kept up regular home exercise over the past month, so I feel I will keep it up. Benefited from an overlap of two deals they had going, free induction / sign up cost and 3 months free if paid upfront. I also got a joint membership with my partner to save a little more money. Works out at 20pm, and I get gym classes included, so I feel this is just what I need. It's a 15 minute walk from home, so going tomorrow after work for the induction.

    The money from both had come out my savings and not added to debt. I have tried to tweak my money to make up this 500, but it would leave me with 250pm for food, travel, clothes, everything... and I don't think I am strict enough. So I have moved my 1% challenge money over and that has left me ok.

    I realise I need to either spread my repayment out further or get stricter.... or make more money.

    Feeling super wobbly about my goal of paying back the debt and my feelings around my spending.

    On the plus side, I posted my ebay items and took a mazzive bin bag of unsold items to the charity shop. I spent some vouchers on a lovely big book to store my sentimental pictures and letters in as I will be kondoing sentimental items soon.

    Savings now 2700, so -250
    19/12/14: Spent 10 years of savings!!
    ..... to buy my first home.

    2018: 1200 savings --- Family Loan (3250 direct + 1750 saver) 5000/10K paid 50%
    #38 1% Challenge: 514.70/ 2018, now at 25%!
    • a_silver_lining
    • By a_silver_lining 12th Mar 18, 6:53 PM
    • 219 Posts
    • 664 Thanks
    a_silver_lining
    Update
    So after doing quite well the past two months I have had a major dip in my mental health. Well. More a minor dip, though it feels big right now.

    I could sense it slipping slowly, just getting more anxious, coping less well with issues that arose and getting a bit teary at small things. I think the dip in the weather, sales being low at work due to the weather, a fall out at work and so a slightly tenser atmosphere and then 3 items not being received by buyers on ebay has tipped me a little.

    I need to pick myself up though and keep moving forward. I missed my first gym class today but am dressed and ready to go to my induction tonight. I have sold a few ebay items so I am going to package them tonight to post on my day off tomorrow. I need to raise refunds through the Post Office so need to get together my receipts together tonight.

    Tomorrow is an expensive but productive day. Hair cut and dye, then dentist, study at the library and then my night course. I really just want to sit on my bum on my day off, but I am going to try and get myself to all those things.

    Finances
    On the plus side I have now officially allocated my regular saver to be debt repayment money. So my savings now stand at 600. My emergency fund at 795 and 4150 of 10k paid on my loan, a whopping 41.5%.

    I have 250 being paid off just before payday and 100 being paid off just after payday, so will be at 45% paid off then.

    I'm waiting for a 40 cashback from my Wealthify account and will then withdraw that money and put it into the emergency fund.
    19/12/14: Spent 10 years of savings!!
    ..... to buy my first home.

    2018: 1200 savings --- Family Loan (3250 direct + 1750 saver) 5000/10K paid 50%
    #38 1% Challenge: 514.70/ 2018, now at 25%!
    • a_silver_lining
    • By a_silver_lining 26th Mar 18, 7:58 PM
    • 219 Posts
    • 664 Thanks
    a_silver_lining
    Another 250 into my regular saver just before payday. 1500 in there now saved towards debt repayment.

    Although I managed to pay 250 into my debt saver, 300 into my regular saver and 100 to my family debt it wasn't a great month spend wise.

    I threw a lot of money at a gym membership and a holiday, spent all my extra money made this year on them and dipped into my overdraft. I've gone through my bank account and my phone saving log isn't correct so I had spent more then I thought. I'm going to have a chat with my partner tonight and rethink some spending for the month ahead.

    My April Plan
    250 budget
    I know I need cat food, which I buy in bulk at 30. I will try and buy in less.
    Cat needs a vet visit and jabs, this is going to be 60 I recon.
    I have 10 work lottery.
    100 is my general food/ toiletry/ cleaning spend so I will work on this.


    I need to budget for some of my partners friends visiting. She was talking about an escape room, I'm hoping we can cook at home to make it cheaper but I think I need to budget 50 for this.

    And that's my lot. Unless I make any money, which may become spending money.

    Thinks I wanted to buy but may need to wait... more garden compost. Some pots to hold my indoor plants (I was looking at ones totalling about 40-50 so I'll rethink).
    19/12/14: Spent 10 years of savings!!
    ..... to buy my first home.

    2018: 1200 savings --- Family Loan (3250 direct + 1750 saver) 5000/10K paid 50%
    #38 1% Challenge: 514.70/ 2018, now at 25%!
    • a_silver_lining
    • By a_silver_lining 29th Mar 18, 8:45 PM
    • 219 Posts
    • 664 Thanks
    a_silver_lining
    #81 @ 4500/10000 45%

    Paid 100 straight off debt. 3k paid directly to family member now and 1.5k in the regular saver.

    I really want to hit 50%, but I don't think I can up my 350pm. Calculated that the remaining 45% will take me just over 15 months to repay if I don't dip into savings. I will have 5.5k saved by then though, which will be a good emergency fund. That's if I stick to budget!

    -

    Today I managed to hold out spending money at work. I have worked out from looking at my spending that 65.37 was spent on coffee, lunch, plants, impulse bits. So that's m focus this month.
    19/12/14: Spent 10 years of savings!!
    ..... to buy my first home.

    2018: 1200 savings --- Family Loan (3250 direct + 1750 saver) 5000/10K paid 50%
    #38 1% Challenge: 514.70/ 2018, now at 25%!
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