Tag: thrift & wealth

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dear diary ~ Scotland again

Sorry for the long overdue post – life is, as ever here, busy and chaotic. I just thought I would pop by to give a brief update and apologise for my lack of commenting on my favourite blogs – be assured I am still here and reading along with your stories, my day wouldn’t be the same without.

Since my last post at the end of January we came home from Scotland complete with the haggis and scotch pies for our Burns night (which we had postponed to early February because we couldn’t get up to Scotland to buy the Haggis and pies in time for the 25th January). Only a day after arriving home my cough, that I thought had gone in January, reappeared with avengence together with flu like symptoms and we had to postpone our Burns night yet again as I just didn’t feel well enough to clean the house and cook a meal for 8 of us. Luckily, the haggis and pies could go into the freezer for another day.

After a busy February, which included the continuing car problems (younger daughter not us) and a trip to A&E with little Sweetie one night, we are now back in Scotland having attended DH’s uncle’s funeral a few days ago at a crematorium just south of Glasgow. Although a sad event it was good to catch up with our Scottish relatives and we decided to combine the trip with a visit to the cottage. We have been here for almost a week now and have spent most of the time relaxing after all the travelling.

Although uncle G died in early February there was a bit of a wait until the funeral date last Tuesday so in the meantime I have been on a mission at home to overhaul our savings, pension and the accumulation of papers in the files.

With the recent years low interest rates our ISA savings really were not doing much and even with penalties for moving a fixed ISA we decided we would gain substantially by moving some of them with very low rates to the new higher rate ISAs on offer. This was not an easy task and not like moving a matured ISA to another account. However, they are all done now and well worth the hassle for the furture financial gain.

Did you know that you can still invest into your private pension pot each year if retired or not working and still be eligible for tax relief on your pension contributions as long as you’re under 75, so if you’re a basic rate taxpayer you’ll get 20p in tax relief for every pound you make in pension contributions? You are only allowed to put in £2880 each tax year but the government make it up to £3600 by giving you £720. I found this out a few years ago and realised there was no savings account that would give me £720 in interest over the year on a £2880 investment so for the last 3 tax years I have been feeding in any spare savings into my People’s Pension scheme.

There was only a small amount of money invested in the scheme when I left work and retired as it had only just got off the ground but I didn’t withdraw it and now it has proved a useful savings pot. So far it is doing very well although a word of warning – because pensions are invested in bonds and securities the investment can go down. It is a gamble but so far so good.

The papers in the filing drawer have been hard work – particularly when deciding what to keep and what to shred. I can’t help but remember a period of miss-selling by certain financial bodies (endowment mortgages spring to mind) and having paperwork in support of a claim for compensation was necessary in some cases. So although I want to be ruthless I have used caution and spent quite a long time scanning papers onto my computer so that we still have a record.

I have been accepting paperless bills such as fuel, water and internet accounts for quite a while now but I do like to have the paper copy of a bank statement to check the outgoings each month as I find it easier to tick and cross and make notes on paper when I am balancing a statement. Once balanced I can then shred the paper copy and download the digital version to store on my computer. It is on my mind though to bite the bullet and go completely digital to save on wasting paper.

The clearout continues as the pile for burning (far too much to shred) grows bigger.

I have been clearing out digital files too on my computer and deleting old emails in the folders in my email account, of which there were far too many. Any email of any importance I have printed to a PDF to save on my computer including any online order receipts and guarantees. It has been on my mind to do this for a long time and leave a list for DH of where to find things just in case. I tend to deal with the banks and receipts while DH has taken over all the fuel and internet accounts and keeps an eye on the amount we are using and also new deals. It all seems to run quite smoothly but I have been making sure he can understand my system should he need to retreive anything.

Today is sunny, so far, so the garden is calling. The weather here has been very mixed from high winds, heavy rain and brilliant sunshine to even a dusting of snow on higher ground which didn’t affect us being by the sea. The daffodils are out but the rabbits have dug up most of my other bulbs I planted last year – poor things must have been short of food so I can’t feel too upset.

There is so much to do and top of my list is to weed the lane side border and heavily prune the lane side rosa rugosa hedge – and yes …the same one that ‘machete man’ ruined last year. I will see if I can prune it back to some reasonable shape.

Must go now to catch the good weather.

Do drop by tomorrow for the Scrap Happy Challenge for March. x

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treasury >> financial times part 1

There is always a lot of sorting out and straightening out to do after the Christmas festivities are over and one of those is going through last year’s spending and planning this year’s budget. I expect most people are feeling the pinch now and tightening their belts and here in our little abode we are doing just that. For those that don’t know both myself and DH are living on getting by on the state pension and a modest private pension. Like many bloggers we find our income stretched to the limit at times and are always looking to put cost saving measures in place – some more successfully than others.

I haven’t done a financial tally post for ages – in fact looking at my spending over the year I think Mr Frugal has occasionally sneaked out the back door here. That is not to say I haven’t been careful with the spending.

Almost everything I buy now I wait until it is on offer unless I am desperate for something. This collection is a few of the items I found reduced this week.

All last year I collected Nectar points which then went towards my big Christmas shop which came to £100 and I still have £60 in value left to spend – I will use this on groceries towards the end of January as the monthly allowance runs down. I used any money off coupons that came my way and continually searched out discounts and reductions from any shop on products that I normally bought. I used the Sainsbury’s Scanshop on both our Nectar cards for the offers which are more tailored to what we usually buy and have big reductions (even though I hate the scanshopping, DH does that bit for me) – but for all that we have still had some large food bills due to the extreme rise in prices.

Ever since I married in 1976 I have documented our spending and made plans for the year ahead – I used to have a good old paper accounts book but in 2002 switched to using the online Microsoft Money program that I installed on my laptop. Every receipt each week is entered and categorised and then I can run off any number of reports which then help me to plan and budget for the coming year.

These reports give a frighteningly accurate picture, that require nerves of steel to read but are so enlightening and help me to see in what areas I need to reduce my spending. Of course some of our bills are fixed like the council tax and TV license and we always look at our suppliers prices for insurances, telephone and broadband to get a good deal on renewal but some things like water, gas and electricity we just need to use less of. I find it is the other day to day spending that we buy in dribs and drabs and the impulse buys that so often run away with the pennies. This is just a few of my observations:-

I dabble in crafty items as time allows but it is often the case that in my mind I think I have spent very little on some things like craft items – but my report says differently and although I had limited visits to places like Hobbycraft or fabric and wool shops because I have concentrated on using up a lot of old craft items I have amassed over the years it was a shock when the total figure for this category came to a staggering £240 Ouch!!

Analysing further I found I had managed to spend, without realising, a whopping £51 just on card blanks to make my own cards. I did pick a lot up in a garden centre in Northallerton when they had a closing down sale in their craft department – they were the lovely coloured and pearlised ones I like to use…and I have bought quite a few of the more expensive trifold aperture ones which are good for dried flowers. In my defence, given that many birthday cards are £2 and £3 each to buy I will soon recover the outlay by making my own.

I was pleased to see I had managed to curtail my spending on magazines which came to £56.14 for the year, although this does not include the subscription to Country Living magazine that DH renews for my Christmas present each year. For the £56 I bought the special edition of Country Life with Kate’s lovely photograph on the cover of the new Queen Consort Camilla, the May edition of Gardener’s World to get the 2 for 1 entry ticket to certain gardens and free seeds, two Christmas magazines, three Country Homes to read at the cottage and the Good Housekeeping Garden Collection (one of their specials) for a little inspiration.

I didn’t do as well with the stationery though as the total was much higher than expected ….often these are bits and pieces that I pick up whilst in Sainsbury’s or passing Rymans – a pen refill here and a roll of sellotape there but they add up alarmingly over the year and in my case the alarm was £77. The most expensive items were the sheets of blank address labels for the printer @ £9.99 and some plastic CD disc envelopes that I find useful to store all sorts of things in other than CD discs. It used to be that The Works sold a lot of basic stationery but like WH Smiths they seem to have switched more towards the novelty stationery and children’s crafts.

The garden was another high total, mainly because we had to have the large, unsafe cherry tree taken down and the stump removed and then improve the remaining hole in the ground with a few bags of manure and top soil.

We bought more bags of compost than I remember doing for sowing seeds and refilling planters – they are not cheap. We do make our own but still need to buy some in. I do intend to reduce the number of planters and pots in the garden next year; they don’t do well when it is hot and need far too much water than our two rain butts can supply in those heatwaves.

An area I will have to think carefully about is the increasing costs of sending Christmas cards – I usually make the cards but the postage this year for mainly 2nd class stamps and one parcel of £3.35 came to the hefty total of £49 and this allows for the fact I bought most of the stamps before the price increase. I do like to keep in touch with a Christmas card to family and friends that we do not get to see but maybe I will have to think again. I no longer send cards out to family in Australia but use email to send a newsletter instead so maybe this would be an option next year.

I make a lot of things for Christmas – my own cake, the cards, the crackers (with a bit of help from the children of course) and little gifts for each of my closest friends but my Christmas bill is slowly on the rise. Our family take part in a Not so Secret Santa where each adult spends £25 on the person they are buying for, and who provides a wish list of ideas and saves much tramping around crowded shops trying to think of things to buy for people that have a lot of stuff anyway. We buy for all the children in the wider family as normal and also make up a little stocking of bits and pieces for our two daughters and give them a substantial cheque to put towards something they need or even save it if they wish. With deaths, divorce, relocation and births our family has undergone changes over the last few years so that the balance is definitely weighted on the younger end with many more children now than we had a few years ago so our Christmas bill is definitely increasing.

There are many areas of my life where I can cut down on buying things and in turn spending less on unnecessary things I don’t need (easier said than done in my case) as well as trying to be sustainably responsible. Clothing is one of these.

I decided last year that I definitely did not need any more clothes, in fact, like my well edited linen cupboard, I embraced the idea of having a capsule wardrobe of fewer pieces that had a timeless quality, but I was a long way off this and of course there seemed little point in getting rid of a whole lot of my clothes if instead I could be wearing them. So this past year I have ‘worn my wardrobe’ and only bought three new tops, one for my holidays in the Sainsbury’s sale section for £7 which I lived in most of the summer as it was so comfy, one evening style top for a party also from Sainsbury’s for £12.00 and the other for the New Year’s Eve get together with the same friends and the dearest item at £30.

This year I will continue to wear out my wardrobe and only buy real necessities like some new boots (mine have sprung a leak) and underwear.

Having thought a lot about money since we both stopped earning a few years ago I have come to the conclusion that the best way to be frugal is not to buy anything in the first place. This has a double advantage as it means there is no decluttering to do a few years down the line either. As one of the great minimalists said in his book ‘not buying something is your future self letting go of something’. Perfect sustainability.

So taking note of where the money went last year I will set about creating a budget and challenging myself to spend less on those problem areas that could save me a few pounds that I could be putting into the savings pot. I will come back to this in another post with some of the ideas I want to put in place to have a year of spending less….much less.

Today my little car is booked in for the annual service and MOT and whilst over that side of town we will go and have our last two free drinks at Dobbies garden centre and pick up a pack of seed potatoes.

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dear diary :: homecoming

Well that was a long journey down home, but then we did stop for a break in Castle Douglas, which is one of my favourite places on the way to the border, and of course I was tempted into all the lovely little shops there.

The lady in the craft shop kindly exchanged the packet containing a circular crotchet hook (never knew there was such a thing) that I had bought on our way to the cottage for a circular knitting needle that I had intended to buy! They don’t normally do exchanges (she must have taken pity on me) but there was a price difference to rectify , the knitting needle being £2 less than the crotchet hook, so the attempt to do an exchange on the till didn’t work…no matter I said I will have a look around and buy something else so you don’t have to do a refund. It wasn’t hard to find things, in fact I spent another £10 so she did quite well out of the exchange! I bought some of those moulded cardboard pumpkins for painting or decoupage, some coloured raffia skeins for present wrapping and a sheet of the decoupage tissue paper.

Moving on to the Artists and Craftmakers Cooperative shop I found a lovely little card for my friend. He is 81 today and has need of nothing, but he does like wood – he taught woodwork at school and used to make wooden things himself. The card has a tiny piece of decorated driftwood on it which I then put into this natural wood frame from Dunelm to make a picture.

In the Designs Gallery Bookshop I discovered these pretty little packs of decorated letter wring papers that fold up to post (I forgot to take a picture before I wrapped them but you can see them here-https://cardsandgiftwrap.co.uk/product-category/stationery/cards-and-letterwriting/pigeon-folded-letters) perfect for another friend whose birthday is tomorrow.

This morning I had to make four very quick birthday cards for 3 friends and my niece. I wanted them to reflect the change of season so I used a recent water colour sketch I did at the cottage of the hawthorn berries and overlaid part of a poem by Samuel Butler which is very suitable for the season. It is wonderful what you can do on the computer these days!

With all the crafty bits out of the way and the cards written and presents wrapped ready to deliver or post we took a walk down to the village and dropped off the card and present to today’s recipient. I am spending what is left of the day making Lentil Shepherds pie to go with some fresh sweetheart cabbage, then I will do a few Somatic exercises to loosen up my tight hips from the long journey home and afterwards probably collapse for the evening in front of the TV for a couple of hours of catch up. We missed the Manhunt series with Martin Clunes so that will be first on the list.

Yesterday we unpacked all the bags, sorted the heap of washing into piles (I am praying for good weather to get all the washing done and outside on the line) and then went food shopping. We don’t normally go on a Friday and as expected it was busy. We had to weave around the shelf stackers and their cage trollies who were out in force down each of the aisles nd one or two items I had to pick out of their stock cages or off the top of the fitments where they keep boxes of extra stock before it is put out onto the shelves. The pasta shelves looked like they had been raided but thankfully no-one was interested in the organic wholewheat spaghetti and I could have taken a box full. Not being greedy I only took 2 packets.

Generally for my pantry stocks of jars, cans, dried foods etc I replace items only when they come on offer with the red shelf tickets unless I am desparate enough or have run out of something and am forced to buy it at full price. I also find myself rejigging the menu plan a bit in the fruit and veg aisles to accomodate any offers. This week the mushrooms were on offer so we bought extra to make a large batch of mushroom soup. Other fresh foods I buy weekly like milk and yoghurt from the chiller aisles I have to rely on striking lucky with any offers.

In the past we have tried the Sainsbury’s SmartShop self scan using their handsets – four times to be exact – Scan, bag and go they advertise, it couldn’t be simpler – but each time there was a problem for us and it wasn’t simple far from it so we gave up went back to the normal checkout method. However, Sainsbury’s are now offering extra reductions on certain items when you do a Smart Shop which is also linked to the Nectar card. Now I have no intentions of going back to doing a full shop using their Smart Shop method but I was attracted by the hefty reductions offered on the Nectar card of items we do normally buy (about 10 in all and they change weekly) so I sent DH round with the Smart Shop handset and a basket to gather up all the offer items and take them through the self scan whilst I did the bulk of the shopping in the normal way.

I am not sure this is exactly what Sainsbury’s have in mind! They are trying to steer everyone over to their Smart Shop way of shopping and have already started reducing the number of tills. I am presuming that tempting people with these extra offers is their new line of attack. So I just thought I would play them at their own game – it worked quite well and gave DH something to do whilst I concentrated on doing the bulk of the shopping from the menu plan…oh and having a casual look around the magazines, the clothes and the homewares without him hovering over me (I was good though and no purchases made from these departments). We will try doing this again next week – it seems a fairly easy way to save a bit more money to me.

So busy days ahead I feel. The garden here needs sorting out, tidying up and putting to bed. I have ripe tomatoes in the greenhouse and outdoors to pick and what seems like a final courgette. I have a fancy to sow some winter salad under the cloches (just an idea at the moment) and I have packets of bulbs waiting in the wings to plant.

Then there is the laundry, some cleaning and a bit of reordering in the house to attend to. I had already switched over the contents of my wardrobe for the new season before we went to the cottage and I have adventurous plans whirling around in my head for putting in some drawers and shelving inside the wardrobe so it is better fitted out……. when we can carve out some time.

Have a relaxing Sunday everyone x

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dear diary :: cleaning, baking and shopping

Back to grey and dismal and plenty of rain yesterday. How glad am I that I decided to go in the garden on Sunday whilst it was dry and sunny and get my planters sorted. It was far too dark to sew the jumper or do anything that required plenty of concentration and light, even with my daylight anglepoise switched on.

So I cleaned instead – both bathrooms and our bedroom. Not a thorough clean but not a quick flick of the duster either, just enough to bring a shine and that lovely smell of clean freshness into each room. I like to fling the windows open in the mornings even if it is raining – I do end up with wet window sills sometimes.

Lunch was a simple affair; we had more of the mushroom soup (the recipe is now in the recipe tab) with the remains of the previous night’s salad and a few slices of bread and butter.

Then I set to and baked the four victoria sandwich cakes that will make up the birthday cake. They are so simple to make – I only have two sandwich tins of the same size though – I used the smaller 8″ ones as we don’t want a huge cake to eat. What a shame I couldn’t bake all four at once to save on electricity. I might just invest in two more tins as I can see that there are going to be many children’s birthdays coming up in the future.

The cakes are now layered between greaseproof paper and in the freezer. I will be taking them up with us to my daughter’s house on Saturday so that Little L can help decorate it once I have assembled the layers with a little jam and cream. I am planning on plain vanilla buttercream around the outside covered with these colourful sprinkles I found in Sainsbury’s. I think Little L will manage the sprinkles quite well!

I planned a few meals to take us up to Friday evening and went down to Sainsbury’s for the shopping. We were later setting off than I would have liked by the time the cakes were cooked and cooled and we met with the after school traffic and the queues. It made me feel quite glad that I no longer have to battle this traffic every night after work.

I bought a dress in Sainsbury’s that was half price – reduced to £9 – it needs a good press and I hope it fits. It is made of a warm stretchy jersey and I can wear it with fine wool tights and my boots so I will probably wear it on Sunday for the birthday get together.

DH has a second coat on the walls now but is going for a third to make sure it will not need redecorating for a long time. Sorry for the poor photo quality the light is really so bad again today. The ceiling is All White and the walls Ammonite – a soft grey that we are using throughout the house as we decorate each room. We also have lights.

Tomorrow might see the end of the painting and then the part I have been waiting for – assembling and fitting the units. Once these are in I will be able to see what space I have and start planning what might go where.

We have never had a microwave other than at the cottage as I enjoy cooking and make most of our meals from scratch each day. The only reason we had one at the cottage was because we had to manage for a week without a cooker or fridge when we first bought the place. When we do our kitchen (planned for next year) we will be in the same position again, without cooker and fridge for a while, so we thought a small microwave might be useful and we can keep it and use it in the pantry.

On a different note altogether I thought I might mention the book I am reading – borrowed from the library – The Christmas Reader by Godfrey Smith. It is a collection of Christmas stories and poems. Some of them are quite interesting because they are reminiscences and diary entries from famous people such as Harold Macmillan and young Queen Victoria.

Harold Macmillan and his family spent their Christmas at Chatsworth – his account of this exuberant Christmas period is fascinating. Many of the Devonshire family and their additional friends and guests arrived with their own staff and ponies so the numbers ultimately reached to 150 people spending Christmas at Chatsworth – that is some party and a lot of catering! Many of the women and children stayed on after the Christmas festivities for another 2-3 weeks (imagine that!).

The excerpt I read last night was about as opposite as you can get – a piece written by Winifred Foley from A Child in the Forest and part of a trilogy about the hardships of a very poor family. Their Christmas breakfast was half a tin of Nestlé milk to share on their toast. I would like to read more so will be tracking her books down in the library – maybe some readers have already read them?

Today is dismal again I am not sure I should attempt sewing up the jumper but I do have plenty of paperwork to be doing – the receipts are mounting up and I haven’t done an October tally yet to see what shape our finances are in. Interestingly, Lucinda mentioned in her recent post about ‘feeling’ when her finances were OK even when she had no hard figures to view and I can very much relate to that. I think we all know when we might have overspent.

I also have the November birthday cards to write and get ready for delivery or posting. I hope I made enough. If I have any time left over I will probably look at the Christmas card design again.

Better go and get on with the day now – have a good one. x