These posts were originally posted on the MoneySavingForums (a UK money management site), I am moving my journals across to WordPress to have them in chronological order. I’m not sure how much of other people’s words I’m allowed to copy across from one site to another, so in some sections I may summarise conversations.
7th September 2019
So I had a day off work yesterday, as I mentioned. I spent a lot of it obsessively reading YNAB blog posts. I think the day before my next pay check hits I’ll check out the free trial, then by the time it’s time to pay I’ll have paid off at least one of my cards. Can anyone tell me: is it possible to pay for it on a monthly basis, or is annually the only option? If annually is the only option I’d have to pay for it with my credit card, which feels like defeating the purpose.
The other option is to buy Excel and improv a YNAB spreadsheet of my own…
I noticed something interesting on my (openoffice) spreadsheet the other day: At the end of August my savings were only 2p less my debts! Of course, some of those savings are NOT for dipping into… but it’s nice to see.
I decided to have a play with my direct debits for the credit cards. I’m taking the direct debit for the larger card right down to the minimum (about £13, previously I was putting £40pm onto it) and putting the extra on the red card. When this month’s direct debit didn’t adjust in time I realised I might not pay off the direct debit before the end of 2019, which is my goal. I also need to think about what I’m doing with any leftover cash I may or may not have at the end of the month. On the one hand I really want £25 to buy something from Amazon… on the other hand it’s going to be really tight to pay off before the end of 2019. Which is more important? Hard to decide. It might depend how much I have left in my social spends.
Derby Pride today! Getting picked up in an hour…
9th September 2019
I’m really proud of myself for managing to save £25 of my weekly spends at the end of the week, even after cutting my weekly spends from £60 to £55
I just need to decide if I’m buying that online purchase or putting it on my CC at the end of the month. I know what the MSE thing to do is but at the same time you gotta live a little… I think it partially depends if I can save any more on top of that £25. If I can pay some off the CC as well as buy online that’s be a weight off my mind.