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CC Progess, Life On Four Days A Week

July 11th, 2019 at 10:44 pm

As of Thursday 12th July, my Virgin card was $1962 and my NAB card was $1430. I’m thinking next week of paying $31 onto the NAB card to bring it below $1400 and into the $1300’s 😁.

I probably should transfer money to our holiday savings for UK 🇬🇧 next year. I’m thinking in the next day or so to put $30 towards it, then we’ll have $1230.

In terms of the home renovations we are looking at doing some painting over the weekend. The renovations are moving along gradually, will be nice once everything is back to normal.

As of last week I started working 4 days a week. I also started the bookkeeping course - am still doing the pre-commencement stuff. Last week I set up the study as a workspace (this room was generally our storage room and full of junk) and had to do a welcome call with the training organisation where they walked me through the course and people to speak to and other things the organisation offers. They advised me that before I start the course I have to do three preliminary assessments which is what I spent a big chunk of today doing.

It’s been nice on the Friday to have a bit of a sleep in but as the goal is to gain some skills in my income earning area and possibly self-employment I have been pretty disciplined in working towards this. I have been pretty good allocating 9am-3pm towards working towards this. I say 9-3 because for me this is a really nice work/life balance and a bit of a reward for a Friday afternoon.

My boss changed my pay to pro-rata so now I am on four days wages but I have also received a 1.3% pay rise so I only receive $587 less per month. I decided that to lessen the blow towards us in the meantime I will save $250 less towards my car per month and spend $250 less per month.

He also gave me a $327 bonus which is great and I have added it to the laptop fund. So far I now have $400 which is a good start.

Wishing that everyone has a great weekend!

Small CC Repayment, Spendy Week, Laptop Fund

June 27th, 2019 at 03:07 pm

As of Thursday 27th June, my Virgin card was $1997 and my NAB card was $1438. I haven’t paid much extra except for the $4 to the NAB card as I put a few things on there and had to repay them. I enrolled for the BAS Agent Registration course and paid for that ($595), went to my final physio session ($110) and bought some cushions at a linen party ($140 - $50 remaining to be repaid). Very spendy, am looking forward to reining in the spending to the usual amounts!

I probably should transfer money to our holiday savings for UK 🇬🇧 next year. So far we have $1200, last week when we received our monthly pays we paid a bit over $300 in. Nearly enough for one of our two airfare tickets 😊.

In other events B has laid the floating floors now, they look awesome! Our house is looking great 😁.

Next week my boss goes on holidays so I have emailed him to see if I can take an annual leave day off next week and also to ascertain when my four days a week starts. I asked for it to commence in July so need to know if it will be next week or when he comes back, looking forward to the answer tomorrow.

I have also started saving for a laptop as I will need that when the business is up and running and need something that will have a battery life that lasts a day as well as other bits and pieces. Research tells me that I should be able to get a decent business laptop for about $1000. So far I have $70 (don’t know that I can save this week as it’s a bit of a spendy week).

Wishing that everyone has a great weekend!

Both Credit Cards Under $2K Each; Good Job News

June 21st, 2019 at 12:51 am

As of Thursday 20th June, my Virgin card was $1997 and my NAB card was $1442. I made the goal to have that under $2000 in the next few weeks (took 2 weeks), so am very happy about that!

I missed blogging last week because I was sick with a cold, and actually had 2.5 days off work. All better now but didn’t really have the energy to do much for a couple of days.

I also have transferred $31 to our holiday savings for UK 🇬🇧 next year. So far we have $1200, last week when we received our monthly pays we paid a bit over $300 in. Nearly enough for one of our two airfare tickets 😊.

In other events B is still laying the floating floors on the weekends - we have had a lot of social engagements so it has been hard to do too much. The lounge room floor has been laid and we are in the midst of doing our bedroom (therefore we are sleeping in the guest room at the moment). We had a $900 buffer between the loan money received and the cost of the flooring and landscaping, however because of having to buy extra bits and pieces there is only $240 left.

My biggest event for the week happened today ... I had a moment alone with my boss and asked him if he considered the possibility of me going down to 4 days per week. I have been thinking about this for a while so it’s not a spontaneous idea. One day (hopefully within the new financial year) I’d love to open my own bookkeeping business and work from home 1-2 days per week. There are a few things I need to study first though so I’d like to start doing that on the day off. He agreed!! It’s a temporary arrangement for the moment - we have agreed to review whether it’s working sometime between the end of September and the middle of November, before it gets busy for Christmas. There have been some conditions laid down: he wants me to be in the office 15 minutes before we open (something I have never been great with) and I have to leave my phone in the drawer so I’m not tempted to look at it all the time. This is to maximise efficiency, and that is fine, it’s reasonable. I’m very grateful that he accepted my request and am so happy!!

Wishing that everyone has a great weekend!

Credit Card Repayment, Holiday Savings, Job News

June 11th, 2019 at 12:41 am

As of Thursday 6th June, my Virgin card was $2063 and my NAB card was $1448. Not much of a decrease but not going up either! I transferred $180 grocery money onto the Virgin card (I pay grocery money onto the credit card before using it) and $18 credit card repayment onto the Virgin card.. next week the Virgin card will be $2045, my goal is to have that under $2000 in the next few weeks - hoping for next week.

Every Thursday is our “payday”. We both get paid monthly on the same day so I put our spending money aside and transfer an equal amount each week on Thursday, which I did today (hence the repayment and payments etc).

I also have to transferred $24 to our holiday savings for UK 🇬🇧 next year. So far we have $826, we will then have $850. We are looking at travelling in August next year and have already told our UK friend, it’s all very exciting.

In other events B started laying the floating floors on the weekend. We had a $900 buffer between the loan money received and the cost of the flooring and landscaping, however we had to hire a machine to pull up the hallway tiles, buy a part to grind the concrete flat and buy compound level mix to lay on top of the concrete to get it really flat - these expenses used up $400 of the buffer.

My biggest event for the week happened on that same Thursday... I had a moment alone with my boss and asked him of the possibility of going down to 4 days per week. I have been thinking about this for a while so it’s not a spontaneous idea. One day (hopefully within the new financial year) I’d love to open my own bookkeeping business and work from home 1-2 days per week. There are a few things I need to study first though so I’d like to start doing that on the day off. So far he hasn’t responded. Wish me luck!!

Wishing that everyone had a great weekend!

CC Repayment, New eBooks, Holiday Savings & Floorboards

May 30th, 2019 at 03:27 pm

As of today, Thursday 30th May, my Virgin card was $2094 and my NAB card was $1449. Not much of a decrease but not going up either! I transferred $180 grocery money onto the NAB card (I pay grocery money onto the credit card before using it) and $30 credit card repayment onto the Virgin card.. next week the Virgin card will be $2064, my goal is to have that under $2000 in the next few weeks.

Every Thursday is our “payday”. We both get paid monthly on the same day so I put our spending money aside and transfer an equal amount each week on Thursday, which I did today (hence the repayment and payments etc).

I love to read ebooks on my iPad and my book today finished so I bought some more from Kobo for $26. I bought:
- book 6 in the Jamie Lee Scott Gotcha detective series (I just finished 5)
- Winging It by Emma Isaacs (a book about starting your own business - my next goal, will discuss more another day)
- Into the Silent Sea by Claire Stibbe (a thriller, not sure where it’s set)
- The Body in the Marsh by Nick Louth (an English thriller)
Looking forward to reading these!

I also transferred $51 to our holiday savings for UK 🇬🇧 next year. So far we have $826. We are looking at travelling in August next year and have already told our UK friend, it’s all very exciting.

In other events B collected our floating floors on Tuesday and we are looking at starting to lay them on the weekend (more excitement!). When he collected them the tailgate opened and they fell out onto the road, but amazingly they only have a few scratches! In daylight on the weekend we will inspect much more closely but apparently they are mostly ok.

Wishing everyone a great weekend!

Hello! 👋 It’s Been A While...

May 27th, 2019 at 03:25 pm

Hi everyone! It’s been so long but have had a really full few months where basically a lot of my downtime just got depleted. Busy at work, going away for weekends here and there, and then in March we went away to Tasmania with friends for our first ever motorbike tour. It was really wonderful! I’m not great with uploading pictures because a lot of the time I write my blog posts from my iPad and it seems harder than doing it off the PC but if you have a moment google these places: Cradle Mountain, Salamanca Place in Hobart, and Wineglass Bay. These places are absolutely beautiful. The trip wasn’t that expensive as there was a group of us so we shared our accommodation which works out cheaper than just 2 people.

We were home for one week however when DH went for a ride on his dirt bike and fell off, fracturing his wrist and ankle on the same side of his body..... He required more care than me last year because of the whole side of his body being compromised. Luckily though both fractures were not too bad so no surgery was required and he was back to being able to do everything after about 6 weeks. He was more uncomfortable than anything. Life was definitely pretty busy for a while though.

Financial things that have happened of note:
- DH got a pay rise of about $300 per month (yay B!)
- With all of the busyness life has thrown me I stopped tracking expenses about February. I just felt it was a better use of my time to focus on the big picture for a while. We aren’t overspending which is the main thing.
- I’ve had credit card debt for a while and I was noting every little thing I bought and repaying various items bought. That simply got confusing and it felt like debt was not getting repaid. About mid April I started noting both balances and simply make repayments - the only thing I charge to the credit cards now are grocery shopping and my monthly train ticket (and PayPal gets charged to one). Everything gets repaid pretty much instantly on top of repayments to debt. As of last Thursday my Virgin card was $2095 and my NAB card was $1468.
- We fixed our home loan in April for 3 years @ 3.99%
- We took out a $20000 loan last month for landscaping and floating floors. No more major renovations will occur until this loan is repaid. Really looking forward to seeing our place looking nice!

That’s all I can think of now. I’ve been lurking and am glad you’re all well! I’m looking forward to blogging a bit more now life has calmed down a bit!

Spending, Holiday Plans & No More Physio!

December 13th, 2018 at 01:30 pm

I tried replying to Amber's comment last week but my internet was playing up so much the comments wouldn't post. Anyway, we have no problem with managing our bills, it's more when we were overspending we were dipping into the bills money. Now that we've put the spending money and the bills money into separate bank accounts it's been much easier and we've had less problems.

The next thing to try and manage is our weekly spending money. While we've been having heaps of fun by going out lots, we keep on overspending and as a result spend less on groceries (because there's not that much left) and/or add to the credit cards.

Example: this weekend just gone we added $56.34 to my credit card for some of the groceries (after I repaid $68 on this card so I really wasn't thrilled). Then we were left with $70 cash for the rest of the groceries. So far $20 of that has been spent and we are left with $50. It should be ok. I've certainly had to be creative with what I buy for us, which has been fun! The downside of it though is that we end up lacking in the non-essentials for a while, so we are constantly missing stuff. Each week I try to be more aware though, and hopefully we can do better next weekend.

On the upside though we got dressed up for B's work do, went out for breakfast once and dinner twice and got takeaway once. It's fun, but that's where our money is going!

So I'm planning this weekend to be a bit more mindful of what is being spent, hopefully that will make a big difference.

****

In other big news we booked the travel for our next holiday. We are traveling by boat to Tasmania with another couple who are very good friends and taking the motorbikes and will do a 7 day ride around Tasmania. We are so excited, it will be great.
The boat fares up and back are $1000 so the plan is to buy Christmas presents with December's pay and to give the money for the fares from January's pay.

****

Another exciting development is I had my last physio session during the week!! No more paying $105 per visit, no more tiny lunch breaks on those appointment days and I slowly get to wean myself off the early morning rehab exercises. As of this week I do four mornings with a day off during the middle of the week. (On this day instead I attend to little financial things that need doing eg paying bills, updating spreadsheets etc - I've really missed having this time because it's so hard to do after work).
I was ecstatic and absolutely over the moon on Tuesday when I got told no more appointments are needed!!

****

That is all for now, hoping you all have a lovely weekend!!

Payday Tweaking Done

December 2nd, 2018 at 01:01 am

I have so many financial things to write about I could blog daily for a month but free time is minimal (especially leading up to Christmas) so I'll just stick to one of our larger financial matters.

Probably one of the biggest things we've been dealing with lately is adjusting to both being paid monthly on the same day and re-tweaking the budget. In DH's last job he got paid monthly at the end of the month while I get paid monthly in the middle of the month. It kind of meant that we could set aside an amount for bills and withdraw weekly our spending money without worrying if we had overspent really because there was always another pay coming in in the next fortnight.

Then when he changed jobs in May the payday changed to the middle of the month. It was fine in the beginning because we had a little bit of extra money to fall back on, and then I had the broken collarbone so we weren't really overspending because we weren't going out much and we knew what we had was going to doctors and hospitals etc.

By August and September though the extra money had been spent and we were starting to go out more so we actually started running out of money because the buffer we had got used up. In the month of September we actually ran out of money within the first two weeks so the remaining two weeks were not fun at all! It was then that I decided that our current budgeting system had to be tweaked especially as it looked like we were going to run short in our bills account which is a big no-no for me.

We have two bank accounts that barely get used so I decided that we would have the set monthly amount for mortgage and bills left in the bills account and whatever money is left over to be spent on things we both agree on, repaid on credit cards if needed and the remaining money to be divided by four or five weeks (whichever is relevant for that month) and transferred into one of the bank accounts we don't use. The other bank account we don't use is now used as a holding account for short term purchases we want to make (example: the month of October we put $1000 in for our Perth spending money and $400 for the back tyre we were replacing on the Harley).

This updated method has definitely reduced my stress levels as I know what we can spend weekly and there's less likelihood of running out of money. Because we overspent for a few months the credit cards also have balances which we are repaying but I am saving that for another post.

Holiday At Start Of November

November 20th, 2018 at 10:47 pm

Wow it's been a while since I've blogged! I don't completely remember what happened in September but we celebrated our 8 year wedding anniversary last month by going out on a motorbike ride to a nice lunch and then visiting wineries, which was definitely a treat!

At the start of this month we went on a short holiday to Perth, which is two states away, to visit one of DH's old friends who only just moved back to Australia, to spend time with him and meet his family. We had a great time socialising, eating out, visiting wineries in their Swan Valley region and sightseeing in Perth and along their coastal region. It was great to see his friend and his family were lovely, his partner was great to get along with and 2yo son was super cute.

Flights were $1000 for the two of us and we spent $1460 for the period 6-11 Nov (5 days) - as well as eating out and drinks, we hired a car which was $467 in total. We saved $1000 spending money last month and the flights are all repaid, everything is now repaid in full. It was a great trip.

That was the first week of November done pretty well Smile. Perth is three hours ahead of us and amazingly we had worse jet lag than coming back from Thailand, which is an eight hour flight away! Thailand is four hours behind us so maybe that has something to do with it.. all I know is I wasn't getting sleepy until 1.30am because that was 10.30pm Perth time! It took until the middle of last week until we were back to normal. Well worth it though Smile.

Share market Shenanigans

August 30th, 2018 at 03:54 am

Before going away to Thailand I had about $5500 in shares in QBE and $750 in MXI (rough amounts) but something major happened in QBE so I decided to sell all the shares to be safe. Then after Thailand we bought the new camper trailer and cleared out most of the money.

I decided to make it fun I'd slowly rebuild the account so in May I bought 1000 PGC at $0.82 and see how they go at 12 weeks. They didn't go far and were not above the purchase price so I sold them at $0.80.

I'd been adding $100 per month in the 12 week period so was ready to buy something at $1.12 or up. Got 1000 shares in UPD at $1.16 and within 2 days of holding them they dropped dramatically down to $1.09. I checked the news and there was an announcement of a buyback and likely delisting due to private takeover. That seemed really risky so I sold at $1.09 as soon as I