Are we spending way too much?

tnegun

Frequent Poster
Messages
261
Wow thanks for all the comments and input, its certainly given me a lot to think about.

Today I cut the broadband and TV to about €50 going forward can probably trim some more but need to wean every one off it.
The groceries bill has alcohol in it so can cut that back and be a bit more frugal, more shopping in Aldi and Lidl with less Dunnes/Tesco should help there too.
Eating out and Nights out keep myself and herself sane we did a lot of years just sitting in but I take the point so we've made a commitment to no Just Eats/deliveries to the house and just a payday night/meal out.
Household stuff too I hear you and I might of taken a bad couple of CC statements to workout the breakdown but the OH agrees we don't need to spend so much so can do better there.
The extra curricular stuff is some after school activities, swimming lessons x4, dance classes x3, GAA memberships we cut the music lessons already as it was just too much but I think these are essential for the kids so will look to those last.
The 500 on sundries/charity we need to figure out where this is going and that's on us, there is a committed €30 to a charity that supported us in hospital many years ago so that stays but the rest needs to cut back and figured out.
On the Car loan should I abandon the idea of building a reserve and just try pay it off ASAP? I know its costing more that any savings would earn but I liked the idea of having 4/5k ready if needed.
The family holiday for this year is locked in but the OH called today and got an additional €400 off plus the figures include spending money/food so there would be some overlap with the grocery bill.
Family loan is fine as is the agreement is that if needed it can be called in, in 3 months but the sibling has emigrated with no plans to return soon so that should be OK as is.
The birthdays I see your point the figure was a bit of a guestimate with Christmas factored in.
Again same with Clothes but 4 kids go through them fast plus kits and gear for dancing and sports get well used and replaced reasonably often but will definitely see what can be saved here.

I was looking for a shared budgeting app, any recommendations so myself and the OH can input spending. I've found and started to use Honeydue if anything I should know exactly what money was spent where by the end of the month.
 

tnegun

Frequent Poster
Messages
261
How much is the residual?

Is there any progress on the EBS Variable Base Rate? For example, have you or has someone else complained to the Ombudsman or gone to court?

Brendan
Residual is 150k+ , I put my efforts into the AIB Prevailing rate as I thought that had the most chance of an outcome and have just followed the thread here for EBS updates. We did ask EBS if they deemed us affected by any tracker issue and they did not but never went further with it as the AIB case looked more promising.
 

tnegun

Frequent Poster
Messages
261
Threats:-
  • You’ve a good sense of humour
I'm with you all the way till this one, do I know you? Or how did you know my sense of humor can get me in trouble!! TBF it has saved me on more occasions than hung me in my view :)
 

Leper

Frequent Poster
Messages
1,169
I'm with you all the way till this one, do I know you? Or how did you know my sense of humor can get me in trouble!! TBF it has saved me on more occasions than hung me in my view :)
. . . humour comes through in your posts and you didn't eat me on my post which I deleted. I can shoot from the hip occasionally. Anybody I know does not know I post here, so it is likely we never met.
 
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