10th & 13th October 2020

These posts were originally posted on the YNAB forums and MoneySavingForums (a UK money management site), I am moving my journals across to WordPress to have them in chronological order, and because the YNAB forums are closing as of March 2022. 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.

10th October 2020

7 days to go! I’m at that weird point where its hard to pack anything because all that left is stuff I need in the next week. Also having trouble booking a charity collection because c*vid. But I think I’ve found somewhere now? I have to call them on Monday to find out.

~*~

My sibling messaged us today to talk about Christmas presents. It was kind of weird because it was kind of like the Ghost of Christmas Past because she was talking about amounts and splitting a present that was [x] and in my head I was like “you want to split that? that’s tiny!” before realising that was literally me a few years back. It’s not that I won’t be worried about Christmas spending come December, but I think I’ll be worried about larger amount. It’s kind of like groceries; you’ll always spend £10 more than you set aside. So far I’ve set aside £100 for Family Christmas Gifts, £50 for Friends Christmas Gifts, and £50 for Christmas Misc. I suspect it won’t be quite enough, but fingers crossed I can WAM this year and save a little more next year. Certainly it’s the most I’ve saved in advance for Christmas any year so far!

~*~

I’ve been torn on this extra £50 pm I’ll have spare from paying less rent. I think I need to put it into a fresh “Next Move” fund and start building that up but I’d also like to contribute more to retirement. A lot of my podcasts lately have been talking about people not paying enough into their retirement and it’s making me antsy to save more. But I don’t even have a real E-Fund saved up yet so that needs to be the priority. I read once that a good % to put aside into retirement is half of the age you start saving at. So if you start putting aside for retirement at 20, you save 10%. At 25, you put aside 12.5%, and so on. That includes Employer contributions though. And I am following that rule, although I can’t remember the exact % I (and my employer) am saving offhand. I just really want to save even 1% more. Just 1%. But. E-Fund first.

~*~

One episode of the YNAB podcast (I can’t remember which episode, there are a few hundred of them) talked about when you are making a large purchase or otherwise having a high spend month, it gets easy to tack little extras on. Jesse’s example was buying a car; it’s easy to get sucked into paying extra for floor mats. I’m certainly finding it a little too easy to spend money this month, now I’ve come to terms with spending some of my E-Fund to move. Got to rein it in a little. 


13th October 2020

Mini update:
Good news – those Shapeshifters binders are open again, so as soon as I finish moving house I can order one of those dragonscale binders I was talking about a while back!
Bad news – separate to the shapeshifter binder, I had a different savings goal for a plain black GC2B binder but I had to dip into that fund to buy new running shoes 😦

 I mean the shoes literally had a hole in, and I’m moving away from the store so I would have had to look for a new brand of shoe, so it had to be done

In response to a commenter commiserating that I had to dip into my binder fund, but that sometimes it was necessary

yeah trainers are more important, technically

I think oversaved in my YNAB category by about £20 though so maybe I can use the remainder of that to get the binder, or maybe I’ll have some leftover from the dragon scale binder fund. By the end of the year, hopefully. 

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