Shopping for Christmas with Just Six Weeks to Go

Shopping for Christmas with Just Six Weeks to Go

For some of you, six weeks until Christmas will mean you still have loads of time to prepare. The festive season hasn't even started yet and you won't think about it for a while. For others Christmas started back in the summer and six weeks will feel like no time at all. Anyone on a strict budget may have a different way of looking at things. Six weeks until Christmas will mean just one more pay cheque, two if you're lucky, until the big day. If you have read either of my previous posts about Read more [...]
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 [...]
five frugal things - october 2018

A Frugal Autumn | Five Frugal Things for October 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 Pumpkin soup and pumpkin pie. Off the back of a very autumnal weekend we spent pumpkin picking with friends earlier in Read more [...]
Saving money in a piggy bank isn't just for kids

Saving money in a piggy bank isn’t just for kids

In a previous post I spoke about a method of saving called skimming. This is the process of checking your bank balance each day and moving the small change from your current account over to your savings account. Each day only a small amount is saved but over time this can really add up. Of course, this method doesn't work for everyone. For those who prefer to use cash, a more tactile method can be much more effective. Saving money in a piggy bank isn't just for kids after all. Saving money in a piggy Read more [...]