Hmmmm. So that plan of writing this section of the blog on a weekly basis has failed somewhat. Mainly due to a ten day stint of agonising toothache and being somewhat off my head of pain killers!
What I did learn from that little episode though is that if you don’t leave the house for anything other than the school run fo a week you don’t spend much money. The savings are further enhanced when the antibiotics from the dentist don’t allow to drink for a week and at once point the pain is so bad that all you manage to eat in a 48 hour period is two soggy Weetabix. Then again, it’s not the kind of lengths that I recommend when you’re wanting to save money!
The other thing that’s been taking up my time is trying to find us somewhere new to live. Buying a property isn’t going to be cheap, but in the long run it is going to be so much more cost efficient than renting in this part of the country. With the deposit that we have saved up and the price range of property that we’re looking at, chances are that our mortgage outgoings will be about a third of what we are currently paying in rent each month. There are some additional costs that come with owning a home over renting, but we are really hoping that the difference in monthly accommodation outgoings will enable us to put money away into a savings account (or offset mortgage) so that we can be prepared for those extra costs when they come in.
As far as main savings over the last month, I carried on what I started in week 1 and we had another family trip to the cinema where having a KidsPass enabled us to save a whopping £15.98. That means a total saving on cinema tickets of £27.24 in the month. So worthwhile.
I also made a couple of sales purchases in January which saved me about £8 in total (one being a new swimming costume for my daughter). Finally I also got round to downloading the Wuntu app (a bit like O2 Priority, but for Three customers) and was able to get a free cup of tea at Costa which saved me £2.
In addition to the above, regular use of Topcashback means I earned another £4.79 of Cashback with them (mainly on my OH’s work expenses) and using my American Express Cashback credit card aded up to a further £24.75.
January was also the month that I finally got round to setting up a proper savings account to make the money from my house sale last year actually work for me. I managed to find one that pays interest monthly and make a whopping £47.83 in just the first month.
All in all it’s not been the biggest month for savings after all, but oh how I plan to turn that around in February!
Total savings for weeks 2, 3, 4 and 5 £65.81
Total Cashback for the weeks 2, 3, 4 and 5 £29.54
Total savings for the year to date £387.19
Total Cashback for the year to date £62.26
Total saved for the year to date £449.45