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  • FIRST POST
    • pennyforthepot
    • By pennyforthepot 18th Apr 18, 7:03 AM
    • 652Posts
    • 2,134Thanks
    pennyforthepot
    saving my future self from debt
    • #1
    • 18th Apr 18, 7:03 AM
    saving my future self from debt 18th Apr 18 at 7:03 AM
    Due to an unexpected rather large shortfall in income over the last 12 months I am short in my rental pot for the next 12 months by 16,000.

    The objective of my thread is to motivate myself to claw back the money over an 18 month period to prevent myself from getting into debt. It won't be easy as my earnings are limited and my budgets have been shaved down already. But with a little savvy know how and a lot of determination (and lentils ) I hope to get a good way towards my target.

    I aim to use this diary to motivate myself by recording my little daily achievements (and probably failures too) as well as reading as many diaries as I can which help with motivation and picking up tips.

    Penny for the Pot pftp
    Goal:to save 16,000 by 30/09/2019 claw back rental costs
    May18 -2,954.33/16,000
Page 8
    • pennyforthepot
    • By pennyforthepot 17th May 18, 5:32 PM
    • 652 Posts
    • 2,134 Thanks
    pennyforthepot
    I dipped into the life of 'the wealthy' today when my boss took me to lunch at Bicester Village, a high end designer retail outlet en-route back from a client meeting. It was interesting!

    We drove up in her new 80k+ Tesla which had a smart screen in the front bigger than my laptop screen and also had this Back to the Future doors that open upwards We valet parked (at a small cost of 35) but she didn't want a valet to drive her car so she just paid for the parking spot! Bearing in mind that we were only going for lunch we left having spent somewhere in the region of 1000 on 2 pairs of designer shoes, a designer iPhone case, some rather expensive yoga leggings and tops and a few Jo Malone bits. A whopping 18.75 of this was me as I bought a pack of 6 Origins Facemasks which retail at 5 each but I got for a little over 3 each and will make great stocking fillers for DD and DSs GF.

    I found it quite overwhelming to be honest with you, so much stuff that was soooo expensive, yet some of the stuff didn't look any different to the high street shops. I did enjoy doing a bit of window shopping but there was little that drew me in. I was interested in doing some price comparisons on the make up,skin care products and candley bits as they make good Christmas pressies. I must check on line to see if I can get them cheaper elsewhere.

    All in all I can honestly say I didn't feel jealous or wish I had more money - there was a lot of aimless shopping going on by lots of rich people who didn't seem any happier than I was, but it was nice to be taken out and experience something different.

    The Scores in the Doors remain the same again today as I haven't spent from any of my monthly cash pots so I won't bother posting them for fear of losing the whole post.

    11.73 - daily available spend
    1.65/28.40 - electricity

    Oh and I almost forgot the 3p gain I made from my s123 account for direct debits after the 5 account fee! Really must look into moving this account, thinking of Barclays as they have a good switch offer on at the moment

    Off to Brighton for the weekend tomorrow

    PFTP X
    Last edited by pennyforthepot; 18-05-2018 at 6:13 AM.
    Goal:to save 16,000 by 30/09/2019 claw back rental costs
    May18 -2,954.33/16,000
    • pennyforthepot
    • By pennyforthepot 20th May 18, 7:10 PM
    • 652 Posts
    • 2,134 Thanks
    pennyforthepot
    What a beautiful weekend again. DH booked us into an Airbnb near Salisbury for Saturday night so we were up and out early Saturday morning enjoying a scenic journey. We stopped off at Lepe and did a 5 mile coastal loop looking out to the Isle of Wight then treated ourselves to a well deserved lunch over looking all the boats that were out in the sunshine. We got to our Airbnb - which I have to say was absolutely gorgeous. A converted barn, Scandie decor, on the top of a hill surrounded by nothing but rolling hills and a few cows. We spent a couple of hours in Sailsbury, visiting the cathedral and taking a walk along the river before we popped into Mr T and picked up a finest meal as a treat and a bottle of wine. Drove back leisurely today feeling rested and refreshed (well DH more than me as he snores and I don't ).

    MSwise I'm too tired to work out the sums but DH paid for the accommodation, I paid for the petrol and the rest came out of our Brighton pot, spend of around 65 from there.

    Spent around 12 on food on Friday for DD and 10 today, 10 on petrol so I think I have around 140 left in my cash pot for the rest of the month so my daily available spend is around 12.70. Will do the detailed spends tomorrow as I'm too tired to enter everything into my spreadsheet today.

    Tonight I shall be having an early one zzzz

    PFTP X
    Goal:to save 16,000 by 30/09/2019 claw back rental costs
    May18 -2,954.33/16,000
    • apple muncher
    • By apple muncher 20th May 18, 7:53 PM
    • 7,475 Posts
    • 56,308 Thanks
    apple muncher
    Sounds like a wonderful weekend. And those pesky sums can wait a little bit longer...
    NST Survive July #4; NSD 9/15; Ex 13/20 ; craft / (77); remove 29 (509)
    2018 Pay off: 2334; 2
    018 sell 49.10; WLOSW /10

    Mortgage 20,809 (01/14: 78,201; 01/15: 59,629; 01/16: 39,915; 01/17: 27,295; 01/18 23,143) MFWDate Dec 2018
    • beanielou
    • By beanielou 20th May 18, 9:03 PM
    • 55,484 Posts
    • 222,717 Thanks
    beanielou
    Glad that you had a lovely weekend.
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 11 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.
    • doingitanyway
    • By doingitanyway 21st May 18, 12:48 PM
    • 3,143 Posts
    • 16,404 Thanks
    doingitanyway
    Airbnb sounds lovely
    JANUARY 2016/SECURED DEBT=24,822/March 2018=0 DEBT FREE 23/03/18
    MORTGAGE FREE 25/07/16
    • pennyforthepot
    • By pennyforthepot 21st May 18, 6:42 PM
    • 652 Posts
    • 2,134 Thanks
    pennyforthepot
    Sounds like a wonderful weekend. And those pesky sums can wait a little bit longer...
    Originally posted by apple muncher
    Indeed they can Apple Muncher indeed they can
    Goal:to save 16,000 by 30/09/2019 claw back rental costs
    May18 -2,954.33/16,000
    • pennyforthepot
    • By pennyforthepot 21st May 18, 6:43 PM
    • 652 Posts
    • 2,134 Thanks
    pennyforthepot
    Thanks Beanielou,

    We only get to spend every other weekend together so it's really important that we make the most of our time together
    Goal:to save 16,000 by 30/09/2019 claw back rental costs
    May18 -2,954.33/16,000
    • pennyforthepot
    • By pennyforthepot 21st May 18, 6:45 PM
    • 652 Posts
    • 2,134 Thanks
    pennyforthepot
    It was straight out of one of those home style magazines. The lady who owned it was an interior designer from what I can tell - we really struck lucky
    Goal:to save 16,000 by 30/09/2019 claw back rental costs
    May18 -2,954.33/16,000
    • pennyforthepot
    • By pennyforthepot 21st May 18, 6:58 PM
    • 652 Posts
    • 2,134 Thanks
    pennyforthepot
    Spent a lot of my day brushing up on my driver awareness at the speeding course. I have to say I did find it useful. I think when you've been driving for such a long time it's far too easy for you to drive without really being conscious of the potential hazards around you.

    The positive outcome from this is a NSD - my third this month - I don't know how people manage to get into double figures, I suppose I still haven't mastered the weekly shop. Not sure if I'll have time to do one this week either. I need to do a menu plan and shopping list tomorrow, as the bulk of my food shop is fruit and veg a weekly shop is not always ideal.

    I was a little bit out on my figures yesterday so today I'll post the up to date ones.

    Scores on the Doors

    Spend today/Spent this Month/ Monthly Budget
    • 0/180.60/250 -food
    • 0/47.15/50 - stockpot
    • 0/40/60 - kids
    • 0/27.05/40 - miscellaneous
    • 0/53.43/85 - petrol
    • 0/16.90/20 - me
    • 1.12/33.39 - electricity
    • 0/7.32 - OP
    • 12.92 - daily available spend

    I can't believe there are still 10 days till the end of the month, it's the last third that seems to drag on a money front, desperately trying to avoid any unaccounted for spend even of the smallest amount.

    PFTP X
    Goal:to save 16,000 by 30/09/2019 claw back rental costs
    May18 -2,954.33/16,000
    • pennyforthepot
    • By pennyforthepot 22nd May 18, 7:30 PM
    • 652 Posts
    • 2,134 Thanks
    pennyforthepot
    • NSD ( 2 in a row)
    • 1.57/34.96 - electricity
    • 14.13 - daily available spend, up 1.42

    PFTP x
    Goal:to save 16,000 by 30/09/2019 claw back rental costs
    May18 -2,954.33/16,000
    • pennyforthepot
    • By pennyforthepot 23rd May 18, 7:04 PM
    • 652 Posts
    • 2,134 Thanks
    pennyforthepot
    So the solution to increasing my no spend days is clearly to work more. Another one in the pot for today. It certainly comes with a high non-financial price tag though. Working long hours is physically and emotionally exhausting when you have to come home and do all the other things that normally occupy your time.

    If the period during my family crisis and illness taught me one thing it was that life-work balance should be at the core of what we are trying to achieve. For several years I had to support my family both physically and emotional. I was the carer, the cleaner, the cook as well as the provider - and it very nearly broke me and my family apart and that was with a sound financial footing and an eye for budgeting.

    In order to re-balance my well being I took a few months away from work and for the first time in 20 odd years since the birth of my children I prioritised myself. I happily gave up my non-essential spends during that period and focused on feeding my body and my soul with the good stuff:fresh air, good food, meditation and exercise. No branded item, no car, no foreign holiday, no bottle of wine, no fine dining is worth anything in comparison in my mind.

    I am back at work now but I normally do far fewer hours than I used to and my emotional well being is balanced and stress levels are low. I am very aware that I am lucky to be able to have done this, but I did still had to make a choice about what I was prepared to give up in order to do this. For me it was a no brainier.

    All that for a NSD

    PFTP x
    Last edited by pennyforthepot; 23-05-2018 at 7:11 PM.
    Goal:to save 16,000 by 30/09/2019 claw back rental costs
    May18 -2,954.33/16,000
    • apple muncher
    • By apple muncher 23rd May 18, 7:49 PM
    • 7,475 Posts
    • 56,308 Thanks
    apple muncher
    In the playground today, I heard part of a conversation: 'you need to have your little treats, like holidays'.

    And I thought how holidays are not classed as 'little treats' in the apple household! Such a different mindset!

    So, keep prioritising yourself and looking after you, pftp.
    NST Survive July #4; NSD 9/15; Ex 13/20 ; craft / (77); remove 29 (509)
    2018 Pay off: 2334; 2
    018 sell 49.10; WLOSW /10

    Mortgage 20,809 (01/14: 78,201; 01/15: 59,629; 01/16: 39,915; 01/17: 27,295; 01/18 23,143) MFWDate Dec 2018
    • beanielou
    • By beanielou 23rd May 18, 8:06 PM
    • 55,484 Posts
    • 222,717 Thanks
    beanielou
    Keep plodding
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 11 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.
    • pennyforthepot
    • By pennyforthepot 24th May 18, 6:28 PM
    • 652 Posts
    • 2,134 Thanks
    pennyforthepot
    In the playground today, I heard part of a conversation: 'you need to have your little treats, like holidays'.

    And I thought how holidays are not classed as 'little treats' in the apple household! Such a different mindset!

    So, keep prioritising yourself and looking after you, pftp.
    Originally posted by apple muncher
    Goodness - i know what you mean. Most people around here have at least 3 foreign holidays a year. It's been 4 years since our last holiday. Personally I don't mind. I just think of the vast quantities of money that get sucked into one or two weeks away. If I'm honest I prefer a long weekend away, plus I'm lucky as I get to go down to Brighton every other weekend
    Goal:to save 16,000 by 30/09/2019 claw back rental costs
    May18 -2,954.33/16,000
    • pennyforthepot
    • By pennyforthepot 24th May 18, 6:35 PM
    • 652 Posts
    • 2,134 Thanks
    pennyforthepot
    Keep plodding
    Originally posted by beanielou
    Thanks Beanielou - I'm a natural plodder. Slow and steady that's me.

    I was reading someone's diary yesterday. Somebody was having a difficult time of it and the respondent said something along the lines of: "don't worry, as the lovely Beanielou would say - keep plodding"

    How sweet is that. You're little phase is up there with Tilly's Tidies
    Last edited by pennyforthepot; 25-05-2018 at 2:48 PM.
    Goal:to save 16,000 by 30/09/2019 claw back rental costs
    May18 -2,954.33/16,000
    • pennyforthepot
    • By pennyforthepot 24th May 18, 6:51 PM
    • 652 Posts
    • 2,134 Thanks
    pennyforthepot
    Another busy day of work, but not so long today. No more NSDs for me as I had to do a top up shop. Managed to use the last of my stockpot on some reduced price almond milk for next month. I've saved over 40 on reduced/bogof items this month - not bad going.

    One week to go till the end of the month. I think I'm looking at an additional 700+ to go to my rental pot this month (at least I think I am). 117 left in my cash pot but I need to put some petrol in the car, definitely got some food to buy next week as I'm running low on fruit and veg.

    I managed to cross a couple more items off my eat it up challenge, although I may decide to buy them again to add to DDs repertoire of gf vegan meals.

    Scores on the Doors Today:

    Spent Today/Spent This Month/Monthly Budget
    • 6.51/187.11/250 food
    • 2/51.16/50 stockpot (overspend!)
    • 0/40/60 kids
    • 0/25.05/40 misc
    • 0/53.43/85 petrol
    • 0/16.90/20 me
    • 0.49/7.91 OP
    • 1.05/37.45 electricity
    • 17.17 Daily Available Spend (up 1.27)

    PFTP X
    Last edited by pennyforthepot; 25-05-2018 at 7:22 PM.
    Goal:to save 16,000 by 30/09/2019 claw back rental costs
    May18 -2,954.33/16,000
    • beanielou
    • By beanielou 24th May 18, 9:25 PM
    • 55,484 Posts
    • 222,717 Thanks
    beanielou
    Did you ever get a reponse from your ex?
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 11 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.
    • pennyforthepot
    • By pennyforthepot 25th May 18, 7:21 PM
    • 652 Posts
    • 2,134 Thanks
    pennyforthepot
    Did you ever get a reponse from your ex?
    Originally posted by beanielou
    Im meeting him for a coffee next week, hes been away on business so Im lucky he can slot me in I havent seen him for over a year and the prospect having a coffee with him is making me a little anxious despite it being over 13 years ago that he left.
    Goal:to save 16,000 by 30/09/2019 claw back rental costs
    May18 -2,954.33/16,000
    • pennyforthepot
    • By pennyforthepot 25th May 18, 7:31 PM
    • 652 Posts
    • 2,134 Thanks
    pennyforthepot
    Sitting down at work is not good for my back, Im not used to sitting down for such a long time any more. I must must must get back into my yoga and exercise, its been nearly 2 months since I did anything and nearly 4 months since I had to stop running. Im feeling a little bit lardy to say the least.

    Even worse Ive put on a few pounds so Im going to have to tackle that. Ive been the same weight for around 16 years since I had DD and am lucky to have skinny genes as my DH tells me but they certainly wont stay that way if I dont get my act together. Im so busy with everything at the moment but going to try and get in a good 30 minute yoga session and aim to go for a walk tomorrow.

    I do lead a fairly healthy lifestyle - eat well, sleep well, dont smoke,rarely drink but I am an ferocious sugar addict - it is ssooo bad that I have to keep all sweet snacks locked in a suitcase in the boot of my car. To get to it I have walk out the flat, go down the lift to the underground car park, which is the only thing that stops me, not something I want to do of an evening wrapped up in my jimmyjams



    Scores on the Doors Today:

    Spent Today/Spent This Month/Monthly Budget
    • 4.27/191.38/250 food
    • 0/51.16/50 stockpot (overspend!)
    • 0/40/60 kids
    • 0/25.05/40 misc
    • 0/53.43/85 petrol
    • 0/16.90/20 me
    • 0.49/7.91 OP
    • 1.51/38.96 electricity
    • 19.19 Daily Available Spend (up 2.02)

    PFTP X
    Last edited by pennyforthepot; 25-05-2018 at 7:37 PM.
    Goal:to save 16,000 by 30/09/2019 claw back rental costs
    May18 -2,954.33/16,000
    • doingitanyway
    • By doingitanyway 26th May 18, 11:49 AM
    • 3,143 Posts
    • 16,404 Thanks
    doingitanyway
    I do lead a fairly healthy lifestyle - eat well, sleep well, dont smoke,rarely drink but I am an ferocious sugar addict - it is ssooo bad that I have to keep all sweet snacks locked in a suitcase in the boot of my car. To get to it I have walk out the flat, go down the lift to the underground car park, which is the only thing that stops me, not something I want to do of an evening wrapped up in my jimmyjams
    Originally posted by pennyforthepot
    Hilarious. I can relate
    JANUARY 2016/SECURED DEBT=24,822/March 2018=0 DEBT FREE 23/03/18
    MORTGAGE FREE 25/07/16
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