Friday, 28 October 2016

Back on the budget waggon

It's been a while since I did much blogging. And much saving if I'm honest.

We put an offer on a house which was rejected and left me feeling a bit disheartened. Then it was the summer... and then, well you know how it is. Months roll by, good intentions fall by the wayside. But it's time to give myself a kick up the bottom and regain control!

Looking at my bank statement this morning was a bit of an eye opener. I have fallen into the trap of using my credit card towards the end of the month, then paying it off in full on payday, but then having that little bit less each month to spend. Meaning the credit comes out that little bit earlier, for that little bit more.

So, it's time to get back to more conscious spending, or not spending! It will take more than a month to readjust I think, especially with Christmas around the corner.

To kickstart, here are 5 things I'm doing today.

1. Write it all down. Looking at all regular income and outgoings is important to understanding how much is left over. I've started working more hours, so I have this sense that I've got plenty of disposable income. But in reality, outgoings have gone up too. Comparing this month with, say 2 years ago, I've actually less left over after the bills have been paid.

2. Review all my regular payments. Do I want to continue with that gym membership? Should I adjust the amount going into kids savings? There's probably something I can cancel, or at least reduce.

3. Look for better deals. I know that my energy tariff ran out this month so I'm back on the standard rate. I haven't reviewed my broadband since the cheap introductory offer ran out.

4. Check the fridge. Throwing away food equates to throwing away money. I want to make sure that anything which is nearing its use by date gets cooked in time. If veg is getting a bit ropey, I'll make some soup.

5. Have some free fun! Rather than spend money on half term activities, we'll get out, and get muddy I think.

All other ideas welcome! What are your best ways to avoid spending? What can we all do to help our money go a little further?

Doing Disney a little bit cheaper




So straight off the bat I'll say Eurodisney is NOT a cheap holiday, I'm not going to pretend that it is. But if you decide to spend your hard earned cash on a "once in a lifetime" kind of trip, there might be a few ways to make it a little bit cheaper.

We went to Eurodisney 5 years ago, the kids were 4 and 9, pretty perfect ages for it. And they loved it so much I promised we'd go back. So this year, we did!

Booking the holiday
The first thing I did when we decided to book was spend a good few hours looking at all the different options. Amazingly there can be a difference in price by traveling a day earlier or later, or taking a different train. I entered about a hundred (or at least it felt that many!) different combinations of length of stay, date of travel, hotel type etc and wrote down all the prices. In the end we paid just over £1000 for 4 days/3 nights including hotel, park tickets and train travel for 4 people.

I chose to take the children during school time. That is not going to be everyone's preferred option I know, but I decided that going in late September would give them a chance to settle into new classes without really disrupting any serious pieces of work they might do later in the year. The school, although they couldn't authorise the holiday, were very supportive and wished us a lovely break. It was a great time of year, the weather was mild and the park was relatively quiet.

Looking for deals
If you're not set on booking at a certain time it is worth looking out for deals. There are often "kids go free" or "one night free" offers. When we booked we received free half board food vouchers. That was incredibly useful. The vouchers gave us an all-you-can-eat meal plus an afternoon snack each day. Had we paid for all the food we ate, it would have been an extra £450 on top of our holiday!! And it was lovely not to have to worry about paying for food on top of everything else.

Pack for snacks
As with all resorts the food inside the parks is eyewateringly expensive. Having spent a small fortune on the holiday, you don't want to spend the same again on food and drinks while you're there. The website does say you can't take your own food or drinks into the parks but we never had any issues, and plenty of people were making sandwiches at breakfast to take with them!

We took cereal bars, biscuits, fruit, pot noodles, cupasoups and mug shots. And plenty of drinks. Having used our food vouchers at lunch time, the kids were getting hungry by the time we got back to the hotel so the pot noodles went down really well. Another thing to note is that there is a charge for mugs and tea/coffee in the rooms. We took tea, coffee, sugar with us, and some small milk cartons. But we didn't realise there wouldn't be mugs, so we reused pot noodle pots for hot drinks and snacks!

The journey
I made a packed lunch to take with us on the way down, and bought some cheap sweets as a treat. Again we packed loads of drinks and snacks so that we didn't have to pay service station prices.
To entertain the kids on the journey we have a journey book in which I write car game ideas and challenges, I also drew a map of the route with various towns we would pass marked on it. It helped them to see how far we had to go without asking "are we nearly there yet?!" every 5 minutes! We got some audio books from our local library which are free to loan and definitely help to pass the time.
As our train was at 7am we chose to stay over the night before in Ashford. There is some great accommodation on Air bnb, it's not just rooms in shared houses, there are bnbs or self catering flats too.

For parking we used a site called justpark.com. It allows people to rent out their drives, and we paid £18 for 5 days. The multi-storey at Ashford International is £11 a day so it's worth looking at alternatives.

Extras
Inevitably there are tonnes of ways to spend extra money while you're there. And we don't like to say "no" all the time, especially when we're on holiday. Personally, I think there is plenty to do without paying for any extra activities. We gave the kids some spending money, and any gifts for their friends, treats in the park or souvenirs to bring home came out of that. It's much easier to budget that way than spending €5 here and there which quickly adds up. And it's a good lesson for the children in making decisions and managing their own cash. Of course that depends on the age of the children. It might be easier to give a daily allowance than an overall budget.

One idea I had afterwards. Was that if you want to give the kids a souvenir to remember the trip, buy it before you go and wrap it up so they can open it on holiday. It will be a LOT cheaper than anything you buy in the shops there. Exchange rates make a big difference, but as an example pens were €6 (about £5).

We had a wonderful time, and now we're back the belt tightening will resume!

How else have you managed to reduce costs while you're away? What are your best holiday bargains?