what are cash envelopes?

What are Cash Envelopes?

You have heard me speak about budgeting many times before on My Debt Diary. Today I want to talk about one specific method. Whilst many people choose to set up and manage their budget digitally, myself included, cash envelopes are also a popular choice. But what are cash envelopes? What are cash envelopes? Put very simply they are envelopes with cash in. They are a physical form of a budget with each envelope holding a designated category. Most importantly they each hold a set amount of money. Read more [...]
how I paid off my first credit card

How I paid off my first credit card

A couple of weeks ago I finished paying off my first credit card! It had been a goal of mine for over two months and I cannot describe to you how good it felt to phone my bank and close that account. As soon as I hung up the phone I did a happy dance around the kitchen. I'm not joking. Be thankful you didn't witness those moves. For many people starting out on their debt free journey, getting rid of that first debt total might seem like an impossible mission. To help motivate and guide you, here Read more [...]

A birthday gift for £3 | Five Frugal Things for September 2018

In an effort to pay off my debt as quickly as possible, I'm looking beyond simply making extra money. I have been assessing all of my spending habits, adopting a more frugal lifestyle wherever I can. Each month I will be sharing Five Frugal Things that I have done to help improve my finances and ensure I can reach my goal of becoming debt free as soon as possible. One Home made pizza. We do this at least once a month if not more. It's just as much of a treat as if we were ordering in or going out Read more [...]
how to save £100 on your heating bills

How to save £100 on your heating bills!

Although Autumn does not officially begin until the end of the month the days are definitely cooling down. It was almost cold enough in my house to put the heating on the other day. It felt ridiculous considering the warm weather we've had this summer. I opted for a jumper instead, but there must be some other ways to keep my heating costs low! After doing some reading I have come up with some ideas that will help you to save £100 on your heating bills. Turn your heating on in every room. This Read more [...]