Money Wise Talks 23/06/2022

Howdy folks!! How’s everyone’s week going?

It has been super-hot here in the UK and I’ve enjoyed getting some much-needed vitamin D in my lunch breaks. Taking an actual lunch break outside does absolute wonders for my mental health, especially as my job can be quite challenging at times. I still love it though.

Sunshine is the best!

One week today and we will be moving into the new pad. I’m so excited. I’ve been busy packing and still have lots to do. Today I booked a ‘man with a van’ to help with the move, as there are just some things I can’t lift on my own. So apart from more packing, I’m nearly ready.

I’ve luckily been able to book next week off work, so apart from the weekend where I’ll do my overtime, all the rest of the time I’ll be packing. My daughter is off school next Friday as well, so our first night in our new home will mean that we don’t have to rush out first thing to get her to school.

I have decided to keep her at the same school for year 6 as she wants to finish primary school with her friends. As we are moving out of the area, I also think it will be better for her to not have too much upheaval.

I can’t wait to be settled though. I’ve felt that the last three months whilst waiting for the house process to complete, everything has been up in the air. All the previous focus I had with money has stopped as I’ve directed all my funds to the house and to be honest, I can’t wait to get all organised again. I’ve decided that I will start my YouTube channel once I’m in the house. I’ll lay all my income and expenses out with full transparency and accountability ready to tackle the rest of the debt, build savings and increase my current investments.

I also want to take The Money Wise Mum forward with more finance related posts, even more free printables and much much more. I feel it’s time to combine my previous careers as a financial advisor and secondary school teacher and produce something amazing!

But first, I need to move house lol.

What I Have Spent This Week

  • £7.30 Home Bargain
  • £5.64 Farmfoods pizza and snacks
  • £1.90 Post Office Father’s day cards
  • £20.03 Petrol
  • £5.50 Coop snacks
  • £3.50 Parking Cinema
  • £11.38 Macdonalds
  • £2.20 Snacks
  • £7.59 Tesco
  • £2.07 Morrisons
  • £40 Cash for carnival
  • £24.61 Petrol and snacks
  • £4.00 Coop snacks
  • £9.00 Prosecco
  • £3.50 Ice Cream
  • £4.00 Drinks
  • £18.70 Prescription
  • Total £170.92

I am definitely being caught out by having my card in my purse as all these little amounts are snacks. Grrr damn you snacks for being so nice!! Both me and my daughter have a snacky side, as you can tell, so I need to take my card out of my purse, start using cash again and have a look at what snacks we can start making at home to keep costs down.

I have always said, if you’re new to budgeting, best thing to do first is to use cash for your shopping and petrol and put your cards away. And that’s what I’ll be doing from the next week. One of the reasons I kept my card in my purse was so that I could gain Airtime Rewards (Download Airtime Rewards for free with my code BXNJQKCA and save money off your phone bill every time you shop with brands like Boots, Greggs, Wilko, Argos and loads more) but I found out this week that they have stopped using Morrisons as a retailer now (they don’t use Tesco, Asda etc either) and as that’s where I do my food shopping so there really is no point in keeping them in my purse anymore.

I had both a scary and wow moment this last week when I renewed my Tax Credit award as I was informed that due to my income there were reducing my Child Tax benefits from £230 a month to £32.00. I knew it was coming though since I got the promotion a few months ago. On one side I am going to miss the extra £198 but then on the other hand I feel proud that I am slowly but surely coming off benefits and able to support us on my own.

I am so grateful for the help I’ve received over the last ten years though and I’ve relied on it so much, especially when I became a single parent and then decided to go to university. But now it’s time for that money to help someone else, just like it did for me ten years ago. I plan to ring them up after the house move and arrange to come off them completely. We are so lucky in this country to have benefits that help people to help themselves or help those more vulnerable. It’s just such a shame so many people abuse the system and give people that receive benefits a bad name. I have experienced so many derogatory and hurtful comments about being single parent, that for a long time I felt very much a second class citizen.

There is no shame in asking and receiving help and it’s important to remember that.

I have a list of blog posts that I either want to write or am working on at the moment and one of them will be aimed at parents and the help out there if you are single parent or parent on a low income. I mean my income isn’t huge now but I’m not on minimum wage anymore and I think that really helps a lot. Especially when you look at the cost of living right now, which seems to be getting more out of control every day.

I’ve stopped watching the news every night now as I was making myself worry just before bed. In uncertain times like this it’s important to protect your mental health and if what is happening in the world is playing on your mind, switch it off. Like if you have a toxic person in your life, just get rid. That negativity can be so damaging.

Anyway, I don’t want to end on a low. I will of course be moving next Thursday, which is my normal posting day for Money Wise Talks so I’ll write it the day before to capture my week and have it set for 8pm on the Thursday to go live! Ekk, me a new homeowner!! So excited!! Will send the pics very soon so keep an eye on my Instagram account 😊

Hope you have a wonderful week and thanks for reading.

H x

Money Wise Talks 16/06/2022

I’m back!!

Sorry about disappearing over the last two weeks. I hadn’t planned to take any time off but life just got in the way. As it does 🙂

The last few weeks have been super busy, I am wondering when it will ever slow down at this rate. I shouldn’t grumble though. The last two weeks I had my first weeks holiday since I started my new job, helped my dad sort through my grandads possessions and saw many friends and family. I even took a weekend off the overtime!! I know, crazy right!

Last week, it’s like I’d forgotten how to cook and we ended up at Macdonalds three times! I just wish the McPlant wasn’t so nice, it’s literally my favourite food right now. Although I could forget the fries. I’ve started having a salad and a bottle of water with my McPlant now just to get a balance lol!

In the half term week I gave us a budget of £100 and although we ending up spending most of it on eating out, we only went over by £38. I tried to pull that back and spend even less on the food shop. Which mostly worked apart from last week just going wild on Macdonalds. This week to rein it in we are doing no takeaways this week. And so far so good 🙂

My motivation has dropped off slightly for my blog writing. I have so many ideas and not enough time and energy to do them. I know I’m still finding my feet in my new role and that takes up alot of my time – still not as much as teaching though, so I know I’ve made the right choice. Infact, I’ve never been so happy. The work life balance is perfect and I even attended my daughters sports day the other day. I was so happy and proud to be there, having missed the last few years whilst teaching.

I’m also planning my YouTube content. It’s exciting. I can’t wait to take The Money Wise Mum to the next level. Watch this space – although I appreciate I’ve been saying that since January. Thank you for watching that space for 6 months!! Lol

In other news, The Money Wise Mum’s Instagram account was two years old at the weekend!! And we also hit over 5000 followers! What a lovely milestone to hit on it’s birthday. I’m so proud of how far it’s come and love receiving the inboxes from people that thank you for helping them. I love that some followers I now consider to be friends as we have so much in common and chat away. It was a blessing I found this financial community whilst trying to improve my own financial position and I’m very grateful to be part of it. Thanks for being my accountability partners and keeping me motivated 🙂

I have a completion date for the house now – 30 June!

Literally 2 weeks today! Of course the packing has stepped up and bit by bit everything is being sorted, sold, given away, tipped or packed. Once we are in and settled, I am working on that next goal and ticking this one off. I finally got my Dream House. It’s not 5 bedrooms, has no utility or extravagant garden but it’s mine. Well 50% of it anyway lol. It does have an extra bedroom, a downstairs toilet, under stairs cupboard, a bigger, flatter garden and fitted kitchen with integrated appliances. I can’t tell you how long I’ve waited for a place like this. Well, actually I can – 10 years. 10 whole long, infuriating years waiting, dreaming, planning and praying.

Not going to lie, I’m ready to burst with excitement!! Be prepared for pictures galore when we move in 🙂

What I Have Spent This Week

  • £12.37 Macdonalds
  • £31.12 Pub Lunch with friends
  • £39.98 Morrisons food shop
  • £2.77 Home & Bargain
  • £5.64 Farm Foods
  • £1.90 Post Office
  • £17.05 Just Eat
  • £15.98 Cinema tickets

Total £126.81

Since Monday I have been on a no takeaway week and so far so good. This comes after the weekend of eating out and takeaways as you can see above. Food shop is under the £40 a week budget which is great and I am really pleased with how that is going. So far I am under budget 99% all the time. The only thing I need to work on is takeaways and saying no to sweets/snacks. Which is where most of these other lower end spends have come from. I need to take my cards out of my wallet as that should stop the impulse buying of sweets etc …

Overall though I’m happy with only spending £126.81 this week.

However, I am unhappy that I have spent on my credit card the last week because of vet bills due to a poorly cat and a birthday. This has meant an extra couple of hundred back on the credit card this week. I’m hoping to pay a little extra at the end of the month though to cover it. Although I may need to save it for the new back lawn instead. That’s the only thing that’s concerning me at the moment, the fact I have no lawn in the back garden and it’s just going to be soil. With a dog, 2 cats and a 10 year old, all I envisage is mess lol!

Keeping it sort and sweet tonight as I am super tired and need another holiday to recover from my holiday lol!

Thanks for reading

H 🙂