Saturday 11 July 2015

Good Housekeeping - What I've learnt from the budget

Learning from the wisdom of the budget my husband and I have sat down and reviewed our household income. We thought it would be helpful to share some of our thoughts so that other people can also apply the chancellors excellent approach to finances to their own personal circumstances.

The child we were fostering has to go. Though this child has been with us three years we have come to see the lack of wisdom in times of austerity of supporting such scroungers. We are sure if she just tried a little harder he could sort out her parents break down or alternatively support herself with a job I mean if she doesn't put any effort into supporting herself then we can't keep propping her up. Plus we just don't have the room anymore the recession has made our house magically shrink.

We may get another lodger. Our current lodger is great and we really need to let him know how much we appreciate him. We are going to invite him to dinner and reduce his rent as a way of thanking him for paying 30% of his rent intermittently. We hope that keeps him happy because we really couldn't afford for him to move out. Plus we lent him several thousand pounds of our savings and if he moves out we might not get it back so we really need to make sure he stay's cause that was meant to be for the kids uni fees. 

We've cut the kids pocket money - there just isn't any room for that at the moment. We've also asked Granny if she could start doing the childcare while were at work because we can't afford nursery fees and Granny loves the kids so I'm sure she'd be happy to do it for free. Then we can go to work for more hours.

We have a family holiday coming up, to keep costs low we're going to leave the kids behind - they don't really need a holiday. We've had a look at what we could sell off and cut out. We don't want to cancel the golf club memberships or stop hosting dinner parties for our richest friends. We do think though we could put the kids on a diet of gruel. They need to stop eating so much of that junk food and piles of sugar they've been consuming anyway, we have told them repeatedly but they keep on eating what's in the cupboard. 

Also they haven't really been contributing much we might send them a bill for their toys, oh and tax them for our efforts in helping keeping the toys safe. Also I think the third one will just have to go, last in first out. 

If we keep making these right choices we should be able to run a surplus by 3010. We are anticipating some resistance from the children so we are going to make sure they hear us ask the lodger to make sure he please pays the rent. We'll let the lodger know beforehand though because we really mustn't lose him it would be so hard to find another lodger I mean there are just so few people looking for accommodation.

There is a Choice: Jeremy for Labor Leader #Jezwecan

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