How to stop spending and budget etc

[Monkkkie33]

Payday is Friday and after listing what I have to pay I need to be really strict

I have credit card I need to pay so need to out a chunk on that
My usual bills

And stupidly I had a scrape with another car last week , i was wide in my lane i was stupid i take responsibility fully. No one hurt it wasnt even a bump just a scrape. The person in the other car rang yesterday said theyre going to their garage they use for fixing

So im panicking more now as its upfront money and I assumed hed go through insurance

I am bad for spending. I have 2 young kids and I am part time so our days off I have money to go out etc. Buy activities stuff to do. But I do shop a bit and like to shop for them

I need to stop that little boost I chase from buying them stuff. Their wardrobes are full to the brim. They are lucky have clean clothes and bedrooms with lots of toys upstairs downstairs etc. But I just shop a lot!

I am planning deactivating social media I have as the ads are stuff I look at (next, M&s etc) so make me click the link and browse and want to spend more

But any tips to stop stupid spending please??

Not that I noticed - premiums weren't noticeably higher in the subsequent and following years. But I have max no claims bonus, so that would dilute any big increase in the headline rate before NCB discount. As far as I know, you'd have to have frequent "no fault" claims to affect premiums by any high amount. My 3 accident claims have been over 35 years, roughly a decade apart, so don't indicate a "higher" risk due to where I park, where I drive, etc., unlike if I had a few similar claims within a few years that would indicate an elevated risk even if not my fault.

hi @Monkkkie33

well done for recognising things need to change. It can be hard trying to entertain young kids without cost and resisting all the temptations to spend.

you have had a load of good suggestions already that Inwould agree with - use chat gpt and check your local “what’s on” pages for cheap or free ideas but ultimately you need to get to a point where you realise a paint expensive day out doesn’t make it better and often the insta worthy days out aren’t necessary! We all survived growing up without having them!

I would contact the man regarding the car damage and ask him to confirm the quote first. You can’t be held at ransom where he rocks up with a £1000 bill cause he chose to go to his garage. If he returns and it’s reasonable then it may well be cheaper for you to go vs an insurance excess. But be careful you don’t let that run on too long as your insurance often won’t let you claim if you don’t inform them immediately.

regarding our finances - you mention your DH is the higher earner and so covers things but the car is your problem. Why? Do you not have fully joint finances? You’re a team and so surely although it’s your mistake you deal with it together? I’d be really questioning why you are solely responsible for this cost when you have less disposable income because of the fact you work part time and, presumably, provide childcare for the DC.

How much of a team are you on this? Is DH aware of the debt? Can you combine fully and ask for his support to blast it together?

id also suggest checking out MOney saving expert forum and posting a statement of affairs which outlines all your outgoings, you’ll get loads of help to see where you can save

It is a shared car but I caused the damage to the other car so its me who pays for it. We sre a team but it was my damage. When he scraped the side and caused a dent he paid for it as hed done it type of thing?

The debt is mine. Family member had a big birthday and I booked a trip for a fathers day gift so its 450 total I can do it but its all mine. Not really his to pay

We are a team but some stuff is just separate xx