Have split clothes into two wardrobes
Wardrobe 1 - fully paired up outfits, ready to go
Wardrobe 2 - stuff that hasn’t been paired with anything yet, either because the clothes it would suit is already paired with something, or because it doesn’t yet fit with a full outfit
My brain already feels better looking at this and understanding the gaps
Just worked out how much I earn annually, against how much I need
I am 7.9k short - which is scary, but a good reality check as I couldn’t understand why I always seem to be behind in spite of earning a good wage.
This is how it breaks down annually (I’ve rounded up throughout, eg child benefit is 1680 p/a so just rounded up to closest 100)
I worked it out annually as I realised my monthly budgets were masking all the annual costs that kept hitting (eg car insurance) as they ate into my monthly budgets
- After tax income - 58.5k
- Extra income - child benefit - 1.7k
- Mortgage - 16.9k
- Debt repayment (this isn’t the total loan it’s the monthly repayments x 12) - 9.9k
- Bills / expenses - 28k
- Annual costs - 13.3k
I have some variable income streams but nothing reliable - eg
- Airbnb - 4.2k so far this year from renting out entire home when I’m not there
- Vinted/Depop - maybe an extra 25-30 a month which usually goes straight into paying of loan principle
Some extra context for those who start interrogating amounts
- Single parent
- Full time worker, which means full time creche also
- No support from child’s other parent (no co parenting and no child support)
So my question to the sub is - what next? Any suggestions on how I can get my income up by another 8k welcomed! A windfall that would let me clear debt would solve it but not realistic!!