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  • FIRST POST
    • riotlady
    • By riotlady 28th Feb 18, 3:35 PM
    • 99Posts
    • 230Thanks
    riotlady
    Saving what I can
    • #1
    • 28th Feb 18, 3:35 PM
    Saving what I can 28th Feb 18 at 3:35 PM
    So it's been a tough few months financially. My contract finished on my job in December as I was due to start at university in January, however I unexpectedly discovered I'm pregnant and have had to delay my course until next January. My maternity pay kicks in properly end of March (I've got 200 this month) and between then and finishing work I've had no income AND a bunch of baby stuff to buy (fortunately managed a lot of second hand deals) so my emergency fund is looking sadly deflated.

    I would like to build up the emergency fund to about 1000, and also save 2000 for driving lessons and a car. My course is in occupational therapy and can have placements all round the county, so between juggling that and childcare the car is going to be a necessity I think.

    I also have a save to buy ISA which contains a grand total of 110. We won't be in a position to buy for about 5 years (my partner is currently studying an access course in his spare time with a view of going to university too) but anything extra I can chuck at that is great.

    My maternity pay changes monthly but averages about 600. My partner gives me 300 towards our joint bills and chucks me a bit extra whenever he has the spare cash. When baby arrives we'll get child benefit and tax credit too, but obviously our expenses will go up too so I don't think we'll be in a vastly different position.

    Monthly income- 900
    Debts- 300 overdraft (interest free)

    Regular payments-
    Rent- 363
    Gas and electric- 67
    Water- 35
    Council tax- 100
    Netflix- 7
    Sofa payment- 30
    Phone- 25
    Charities- 12
    Total: 639

    That leaves 261 for food, household stuff, cat food and litter, transport, a tiny bit of socialising (we don't go out much, fortunately) and savings. Food is somewhat fraught at the minute as I have gestational diabetes and most of the cheap stuff I would normally cook (pasta, soup, veg curry) isn't suitable. Once baby is out that should get easier.

    I feel like our opportunities to cut down on spending are limited (although I will try!) so my main goal is to earn some extra money and I'm taking part in the 2018 in 2018 challenge. Wish me luck!

    Pay off overdraft- 200/300
    Car fund- 412/2000
    Christmas 2018 100/300
    Emergency fund- 620/1000
    House deposit fund- 139/7000
    Last edited by riotlady; 21-05-2018 at 8:51 AM.
Page 2
    • Zandimos
    • By Zandimos 13th Mar 18, 5:22 PM
    • 26 Posts
    • 21 Thanks
    Zandimos
    Hi Riotlady,


    I feel I'm in a similar position as you. Not entirely, but I see some similarities


    Me and my partner are both 21 (living 1 hour apart) so seeing each other on weekends and she has our 9 week old baby girl.


    She's currently on maternity pay (statutory) and I'm working my socks off at work doing all the overtime possible to save for a deposit and also studying at uni part time! I live in York so not too lucky with the house prices but I'm determined to get us a family home


    Alongside my overtime I'm also making a lot of money by bank switching. Is this something you have considered? Theres a lot of money to be made with little hassle! I do it for myself and my partner and since this time last year have made around 2000 (albeit with using all 5 Nationwide referrals) but every little helps right?


    Hope that bank switching gives you a little bit of an incentive to look into it and make some money.


    I also do surveys on swagbucks , ipsos, crowdology, GFK and globaltestmarket. This is very lucrative for me as I seem to be making about 25 a month in pounds not just amazon vouchers! It may be applicable but if I make amazon vouchers from surveys I let my family members spend on my amazon and they transfer me the voucher value!


    If you shop at Asda, don't forget to use the price guarantee.... This has made me and my partner 15 since the turn of the year. I also scramble all the receipts I can find at the self service check out should they have 10 items on. Another one to consider as a little win!


    Joe
    Last edited by Zandimos; 13-03-2018 at 5:24 PM.
    • savingwannabe
    • By savingwannabe 13th Mar 18, 6:07 PM
    • 13,291 Posts
    • 46,809 Thanks
    savingwannabe
    Gosh some great advice there. Riotlady, please take heart, there are many things you can do to help get more money. Sometimes fleabay is a faff I agree.
    Chiistmas Fund 80 (Dec 1st 2018)
    Reminder: I HAVE EVERYTHING I COULD WANT so SAVE!!!!
    • riotlady
    • By riotlady 13th Mar 18, 7:58 PM
    • 99 Posts
    • 230 Thanks
    riotlady
    No bank switching any time soon for me, unfortunately. My partner doesn't have a bank account that allows transfers (nor does he have ID to open a proper bank account, though we're working on this) so he has to take money for rent and stuff out in cash each month and pay it directly into my bank, which means that I'm limited to the bank that's nearby. I wouldn't meet the minimum monthly pay-ins for most of them anyway, but maybe in the next year or two.

    Am working my way through surveys and also some product testing (doesn't make any money but yay, free stuff!)

    I was in a grumpy mood yesterday but today's been a good day I went into town again with a friend and had lunch (10 at Giraffe, very nice) and got my bracelet fixed and cleaned (for free!)
    Make 2018 in 2018 challenge-
    509/2018
    • riotlady
    • By riotlady 15th Mar 18, 11:40 AM
    • 99 Posts
    • 230 Thanks
    riotlady
    We're due a couple of important deliveries today and tomorrow so I'll be hanging out at home to make sure we don't miss them (it's miserable outside anyway!)

    I had a growth scan yesterday and an appointment with the diabetes consultant- they reckon baby is 7lbs 10 already All of the newborn clothes only go up to 9lbs, I'm starting to worry none of them will fit xD I'm going to be having a c-section in my 38th week but they can't confirm when yet- I'll get a call on the 26th and it could be anytime that week!

    So, less than 3 weeks to go!!! Very exciting

    Plan of action for the next couple of days

    - Finally sort out the living room shelves so they look pretty
    - Sort out riotdude's random boxes of books
    - Ebay whatever I find that's sellable
    - Keep up with surveys
    - Call my Granny and email riotdude's to give them an update
    - Make chicken noodle soup from last night's leftover chicken
    - Repack hospital bag with a mix of newborn and 0-3 clothes in case of very chunky baby
    Make 2018 in 2018 challenge-
    509/2018
    • riotlady
    • By riotlady 16th Mar 18, 12:23 PM
    • 99 Posts
    • 230 Thanks
    riotlady
    Well sorting out the bookshelves is turning out to be a bigger job than I thought! Bright side is that I found a few old textbooks that We Buy Books is willing to give me 15 for and a few ebayable items.

    I have checked in with both the Grannys though and riotdude made some very lovely chicken soup so can tick both of those off the to-do list.
    Make 2018 in 2018 challenge-
    509/2018
    • Jaymie kate
    • By Jaymie kate 17th Mar 18, 5:38 PM
    • 65 Posts
    • 83 Thanks
    Jaymie kate
    It's always a challenge starting things like career, education and a child to raise but as all the others have said you're on the right path. Cliche as it may sound but sometimes the right path is not the easiest way. Take comfort in the fact that all hardships will pay off in the end.
    • riotlady
    • By riotlady 20th Mar 18, 11:09 AM
    • 99 Posts
    • 230 Thanks
    riotlady
    I've had some more bits of money coming in from MB and surveys but none has made it to the savings fund as it's been needed for bills and the like.

    Last night riotdude and I went out to the pub quiz- spent 12 on dinner and then 6 on a couple of drinks (helps that I can't have any alcohol!) so a reasonably cheap night out Plus possibly one of the last we're going to get in a while!!

    Plan for today-

    - Organise stationary and crafting materials
    - Put away baby stuff from surprise shower my friends threw me
    - Go to Barclays and see if I can get my new debit card working
    - Go to the post office
    - List last few bits and bobs on ebay
    - Take rubbish out
    Make 2018 in 2018 challenge-
    509/2018
    • riotlady
    • By riotlady 20th Mar 18, 6:21 PM
    • 99 Posts
    • 230 Thanks
    riotlady
    Eeeeeek got a call from the hospital and I'll be having a baby next Tuesday!

    I've had a very productive day today (although I went out to the post office and forgot to try and sort my debit card at the bank while I was there, d'oh!) but I feel like this might just kick me into overdrive
    Make 2018 in 2018 challenge-
    509/2018
    • riotlady
    • By riotlady 23rd Mar 18, 11:05 AM
    • 99 Posts
    • 230 Thanks
    riotlady
    Got 156 through from Hatton Garden Metals for my necklace, so that should cover some bills for the latter half of this month

    Trying to get lots of washing done today and fiiiiinally sort things out with Barclays. Should be a no spend day as we have plenty of food in the house.
    Make 2018 in 2018 challenge-
    509/2018
    • savingwannabe
    • By savingwannabe 23rd Mar 18, 4:03 PM
    • 13,291 Posts
    • 46,809 Thanks
    savingwannabe
    Great news on necklace and drying. Very MSE.
    Chiistmas Fund 80 (Dec 1st 2018)
    Reminder: I HAVE EVERYTHING I COULD WANT so SAVE!!!!
    • riotlady
    • By riotlady 23rd Mar 18, 5:44 PM
    • 99 Posts
    • 230 Thanks
    riotlady
    Great news on necklace and drying. Very MSE.
    Originally posted by savingwannabe
    Thanks!

    Didn't end up being a no-spend day as I spotted my favourite deoderant half price in Super Drug, so I stocked up on a couple of cans and my Granny sent us some money to buy a baby carrier so I bought that off Amazon.
    Make 2018 in 2018 challenge-
    509/2018
    • savingwannabe
    • By savingwannabe 23rd Mar 18, 7:20 PM
    • 13,291 Posts
    • 46,809 Thanks
    savingwannabe
    That's not spending missus, that's an investment.
    Chiistmas Fund 80 (Dec 1st 2018)
    Reminder: I HAVE EVERYTHING I COULD WANT so SAVE!!!!
    • riotlady
    • By riotlady 23rd Mar 18, 9:39 PM
    • 99 Posts
    • 230 Thanks
    riotlady
    Too true! xD
    Make 2018 in 2018 challenge-
    509/2018
    • riotlady
    • By riotlady 26th Mar 18, 8:43 AM
    • 99 Posts
    • 230 Thanks
    riotlady
    Today is my last child-free day!

    Riotdude is at work all day and if I was left to my own devices I'd be bouncing around the house looking for things to do, so I'm going to the Metro Centre with my best friend for some lunch and window shopping.

    Everything is all set and ready to go- so exciting!
    Make 2018 in 2018 challenge-
    509/2018
    • savingwannabe
    • By savingwannabe 26th Mar 18, 1:29 PM
    • 13,291 Posts
    • 46,809 Thanks
    savingwannabe
    That's lovely. Enjoy it. Make the day last!!!!!

    Happy shopping. Good luck for tomorrow.
    Chiistmas Fund 80 (Dec 1st 2018)
    Reminder: I HAVE EVERYTHING I COULD WANT so SAVE!!!!
    • riotlady
    • By riotlady 26th Mar 18, 6:13 PM
    • 99 Posts
    • 230 Thanks
    riotlady
    I had such a lovely day today Woke up to a letter through my door saying I've been given 180 tax rebate for last year- very convenient, right before going shopping xD We went for a very nice lunch in Wagamamas (13), picked up a hoody for riotdude (8) and a lampshade for the baby's room (9).

    I confess my plan to only window shop went awry when I spotted the perfect handbag in Radley, reduced from 50 to 40, so I thought I'd use some of the tax rebate money to treat myself I'll be good with the rest and put it in savings though!

    That's lovely. Enjoy it. Make the day last!!!!!

    Happy shopping. Good luck for tomorrow.
    Originally posted by savingwannabe
    Thank you very much!
    Make 2018 in 2018 challenge-
    509/2018
    • riotlady
    • By riotlady 4th May 18, 11:20 PM
    • 99 Posts
    • 230 Thanks
    riotlady
    Halloo! Thought I'd do an update!

    I had a baby girl 5 weeks ago and am loving motherhood so far- although I don't have quite as much time to sit around doing surveys and the like as I thought I would!! xD

    Financial updates-
    - Have managed to knock another 100 off the overdraft, so nearly done with that and put 100 into the Christmas fund. Got my government bonus on my LISA so our house deposit is up to a grand total of 139. Every little helps!
    - Work is !!!!ing up the deductions from my maternity which has been a nightmare to sort out but I think we're nearly there.
    - Started receiving child benefit and have sent off my application for child tax credits so that's helping out with baby related stuff, although she's on Aldi formula and nappies so working out pretty cheap anyway
    - We've restarted our Riverford veg boxes which is a bit of an indulgence on our budget, but we eat so much healthier when we get them and we both really enjoy them so I think if there's one area in life it's ok for us to splurge a bit, it's on healthy food?? Also it saves me having to do such a big shop with a baby and a pram.
    Make 2018 in 2018 challenge-
    509/2018
    • savingwannabe
    • By savingwannabe 5th May 18, 10:06 AM
    • 13,291 Posts
    • 46,809 Thanks
    savingwannabe
    Hurrah for baby, I did wonder how you were getting on.

    I'm so pleased you have sorted out a bit more money from child benefit as that eases things a little. I cant believe the maternity pay has been messed up how do they think you are going to survive? hopefully it will be sorted v soon. This healthy food box thing sounds great too. Healthy food is good for us and makes us happy too.

    Stay happy in the nice weather and have a good weekend.
    Chiistmas Fund 80 (Dec 1st 2018)
    Reminder: I HAVE EVERYTHING I COULD WANT so SAVE!!!!
    • Skint yet Again
    • By Skint yet Again 5th May 18, 10:31 AM
    • 3,184 Posts
    • 18,773 Thanks
    Skint yet Again
    Congratulations on the birth of your little girl Riotlady. Its surprising how much time and energy they take up so make sure you take it easy and don't try and do too much. Let Riotdude and any riotgrandparents take the strain Well done on still managing to save too.
    Balance 0% credit card to pay 768.73. 600 649.37
    • riotlady
    • By riotlady 5th May 18, 11:41 AM
    • 99 Posts
    • 230 Thanks
    riotlady
    Hurrah for baby, I did wonder how you were getting on.

    I'm so pleased you have sorted out a bit more money from child benefit as that eases things a little. I cant believe the maternity pay has been messed up how do they think you are going to survive? hopefully it will be sorted v soon. This healthy food box thing sounds great too. Healthy food is good for us and makes us happy too.

    Stay happy in the nice weather and have a good weekend.
    Thank you! She's brought so much joy to all our lives.

    I have no idea! It's like they think I have enough money to just throw away an extra 100 or so every month and I certainly do not! I shall persevere until it's fixed though- we've sorted 2/3 problems, so nearly there.

    I hope you have a lovely time in the sun too! (and that it appears as promised!)

    Congratulations on the birth of your little girl Riotlady. Its surprising how much time and energy they take up so make sure you take it easy and don't try and do too much. Let Riotdude and any riotgrandparents take the strain Well done on still managing to save too.
    Thank you Hope everything is going well for you too Poor riotdude is working AND studying AND trying to look after me and baby so I'm trying to reduce the strain on him a little, really. My mums taking the baby overnight in June and we're going to go off to a beer festival with some friends so that'll be a nice break for both of us
    Make 2018 in 2018 challenge-
    509/2018
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