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Any thoughts on what else I can be doing?

4 replies

saiditbetterthanme · 08/09/2020 18:37

I've just started mat leave with DC due in 4 weeks. Like lots of people during this time, we've suffered financially. Dh was made redundant in june but has managed to get a job fairly quickly, which is great.
The boiler broke leaving us option but to get a new one. I had some savings and DH redundancy pay (which was going to be for mat leave but hey ho!) The bill is £2500 and we've been given 2 months to pay it. I've got £1500 from savings and redundancy, just £1000 to find.
So far, I have reduced the food bill by £50 a month as luckily, dh gets a discount in a certain store so that takes the total down to £950.
I applied for marriage allowance since dh earns under the threshold and asked them to check in case of a back pay. I'm not sure how the payment works but it could be an extra 200 if it works out.
I closed an old post office account which had 200 in it.
I've asked ds nursery to change him from year round to term time but there is a waiting list. I would prefer for him to stay in nursery as he loves it. I already do tax free childcare and his 3year funding will be due shortly.
I've decided to return to work earlier than anticipated and DH will take on a sahd role as his job is part time, which will help in the long run.
I've Ebayed some nice clothes, shoes and jewellery that I no longer wear. That made around £100. I've asked dh to do the same with his old computer stuff (old phones/laptop). So that may fetch a bit more.
I dont think I will have the whole amount to pay for the boiler by the time the bill is due but I have a 0% credit card to pay for the rest.
I'm really proud of myself that I've managed to get this far. Does anyone have any ideas for how else I can cut spending?

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relievedlady · 08/09/2020 21:54

Well done op I'm really impressed at how you've managed to get together that amount so far.
Have you thought about amazon flex? Me and dh did it during lockdown for around four weeks two to three times a week.

It's 3 or 4 hour slots of delivering parcels in your own car.
You just pick them up fro your amazon warehouse and off you go.

Sometimes you get ones that take the full time and others that don't.

We managed to get enough for a new cooker as ours blew up in lockdown and pay off part of a substantial vet bill after our dog had an emergency surgery also during lock down.

BarbaraofSeville · 09/09/2020 08:56

Well done, that's an excellent start. A lot of savings will arise over time but if you put the rest of the bill on a 0% credit card, it will give you breathing space at no cost, and then when the bill is paid off you might be able to keep putting money away each month and then next time you have a big bill like a car repair, washing machine replacement or even annual expenses like insurance or Christmas, you'll have savings to pay for them up front.

Have a look at the Moneysavingexpert money makeover for other ideas for cutting costs and do everything that is relevant to you. Remember that every little helps so if you manage to trim £10 a month off 5 things, that's an extra £50 pm you have towards the bill, or in time, to spend on nice things or save for a rainy day, so well worth doing.

saiditbetterthanme · 09/09/2020 12:13

Thank you for taking the time to reply!
@relievedlady, I think that's a really good idea, something I hadn't thought of. I mentioned it to DH (who used to be a delivery driver) and he really wasn't keen. Although he did recognise that it was short term. It prompted him to get up in the loft a hook out all his bits and bobs for ebay, so that's a plus!
@BarbaraofSeville I'm really happy that I've managed to make some changes that will benefit in the long run. I've been worse off and have always managed to make ends meet. I've never used a credit card before, but always had one set aside for emegencies.I think with me returning to work sooner, the debt will hopefully be less than anticipated. I take a look at the link you suggested, thank you!

This morning I took on a new student (I used to tutor) Will have a slight break when I have the baby but after, it will be £30 for a hours work every week, which is amazing. I'll have to look into how I inform HMRC as I'm out of touch with all that!

OP posts:
saiditbetterthanme · 09/09/2020 12:13

gosh, sorry for all the typos!

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