Five Possible Solutions to Crippling Debt – Part Two: Administration Orders

Chain link fence

Last week I posted the first in a series of five possible solutions for tackling crippling debt. If you’re having debt problems, read that post too. In this post, I will show you another possible solution for getting debt under control; Administration Orders. I’ll explain what they are, what criteria you’d need to meet to get one; and what to expect if you’re granted one. Continue reading “Five Possible Solutions to Crippling Debt – Part Two: Administration Orders”

Our January 2018 Budget Report

Our January m Monthly Budget Report Bunchy the Budgeteer

It’s time again for me to share with you our monthly budget report. Can you believe it’s now February? I’m sure time moves faster as we get older! 

From a financial point of view, January can be a difficult month. Excesses in Christmas spending and a spike in credit card borrowing can leave many people feeling the pinch when January arrives. You can change this, though.

Continue reading “Our January 2018 Budget Report”

Five Possible Solutions to Crippling Debt – Part One: Debt Management Plans

Five Possible Solutions to Crippling Debt - Part One

We’d all prefer to live without debt, but for most Brits, it is not the reality. When debt repayments become difficult to make that’s when disaster can strike. In this series, I will explore five possible solutions to crippling debt, beginning with Debt Management Plans. 

According to their latest research, Comparethemarket.com says:

‘The average person with debt is in the red by over £8,000 (excluding mortgage repayments)..’

Continue reading “Five Possible Solutions to Crippling Debt – Part One: Debt Management Plans”

The Difference between ‘Saving’ and SAVING – How We Lie to Ourselves

Man's hands holding money and cigarette - The Difference Between Saving and SAVING

OK, so what IS the difference between ‘saving’ and SAVING?

You might ask yourself ‘What’s the difference between the two and what does this woman mean we lie to ourselves?’

‘Saving’ money (definition No 1)

There are lots of ways we can ‘save’ money, and by that, I mean reducing how much money we spend on purchases. Continue reading “The Difference between ‘Saving’ and SAVING – How We Lie to Ourselves”

Our December Budget – How Did We Do? – Christmas Edition

Hands holding smartphone by laptop - Five Possible Solutions to Crippling Debt – Part Three - Individual Voluntary Agreements

Christmas is over for another year but now is actually a good time to touch on Christmas budgets.

It feels like ages since I’ve written a proper blog post. Like many people, I took advantage of the Christmas period by spending quality time with family and relaxing. Continue reading “Our December Budget – How Did We Do? – Christmas Edition”

A Quick, Easy, and Effective Homemade Deodorant Recipe

A Quick, Easy, and Effective Homemade Deodorant Recipe

If you’re looking for a quick, easy, and effective homemade deodorant recipe that really works, then you’ve come to the right place.

But first…I had a deodorant DISASTER recently. The reason? I decided to try a different recipe, which was more complicated, involving the use of a bain-marie. Continue reading “A Quick, Easy, and Effective Homemade Deodorant Recipe”

Our November 2017 Budget – How Did We Do?

Our November 2017 Budget - How Did We Do?

It’s a little late, but I said I’d show you how our November budget went and how we did, so here it is!

November was an unusual month. We’ve been looking after a neighbourhood cat whose owners were unable to pay his vet bills. The poor cat had been wanting to spend a lot of time at ours. With me being a qualified Veterinary Nurse, I was quick to see that something was wrong with him. Three vet visits, medications, sedation, and blood tests revealed that he was F.I.V positive. and he had to be euthanised at the beginning of December. It broke our hearts, but we don’t begrudge paying the bills. Continue reading “Our November 2017 Budget – How Did We Do?”

What Are Sinking Funds and Why Do I Need Them?

Piggy bank - What Are Sinking Funds and Why Do I Need Them?

Have you ever heard of ‘Sinking Funds‘? If not, then you may be wondering what are sinking funds? Your next question may be whether you need them.

What Are Sinking Funds and Why Do I Need Them?

Sinking funds are savings for expenses you expect to encounter, but don’t know when. They may also cover infrequent events that don’t occur each pay period, such as Easter.

When setting up your Sinking Funds, you have various choices:

Continue reading “What Are Sinking Funds and Why Do I Need Them?”

A Peek into Our Monthly Budget

A Peek into Our Monthly Budget

Last month I wrote a post called ‘Are You Within The Recommended Guidelines For Your Monthly Expenses?‘. It covered advice on the ideal allocation of income within a budget, as percentages. E.g. How much of your income to spend on housing, etc.

I thought you guys might find it interesting to see how we divide our money month to month.

Continue reading “A Peek into Our Monthly Budget”