Thursday, 19 October 2017

Advent tree finished...

This time 6 years ago, I started my blog.

DB spent most of a day, finishing off the tree, inbetween others tasks he had set himself to do. Here it is:
It can either hang or be free standing. We wanted to use Christmas colours so it would fit into any room. We are still looking for the right thing to top it off but that can wait.

Wednesday, 18 October 2017

Sorting out your pension and when you can retire

Phil, over at Mr Home Maker, makes a very valid point to a work colleague, for those living in Australia, in this post.

Here in the UK and other countries, things will/may be a little different. In the UK you are currently still entitled to a full 'old age pension' providing you work and pay into it for the relevant number of years, currently 35! You can get a greatly reduced pension after 10 years of full payments.

Myself and numerous others, got caught in the gap and instead of getting our expected pensions at 60, having paid in the then 30 years worth of contributions, now have to pay another 5 years worth of contributions and also wait another 5 or 6 years to get said pension:(

So annoying when you retired because you had made the full contributions, expecting to get your pension then have that bombshell dropped on you. You may not consider it worthwhile to pay those extra 5 years of contributions (around the £650 - £750 per annum mark) but for me, because we have saved hard (and continue to do so), it is worth it, providing I live long enough to collect it. Those payments will give me an extra £80 or so, every month and that is a huge difference.

Women on average, live longer than men and if widowed, that extra money might make a huge difference to merely existing rather than living. Things are vastly different for a lot of women due to part time contributions, being divorced and not having access to their partners pensions, or partners dying before being able to build up much of a pension pot etc. It really does pay to think about it and get it sorted whilst you are still able to do so.

I know people who won't top up their contributions as 'everyone they know', has died before receiving their pension - a perceived reality not a truth in their case, as we know who they are referring to. Others, who are so superstitious that although they have pensions in place, won't make a will because they believe they will die if they do - I kid you not!

Even if the figures Phil quotes, might not apply to you in the country where you live, it is an excellent read and well worth considering your own circumstances and starting to think seriously about it.

Now is the time to sort out your expences, your bills, your debt. Get rid of the debt as soon as possible if you are able to and don't add to it unless you really have to. Reduce your living expences where possible, and your bills. Overpay your mortgage if possible as every year you no longer have to pay, is money in your pocket, not theirs!


Tuesday, 17 October 2017

Next Stage of Advent Tree

Welcome to Alison Murphy via Bloglovin.

The tree is now the green colour that we want and the boxes have had 2 coats of red. We decided to spray it with satin varnish rather than gloss. The red on the boxes is gloss but when we put the final decorations on the front, it will tone them down nicely:
We have bought, from Hobbycraft, some wooden numbers and snowflakes, these are the snowflakes we have decided to put on the boxes:
They have now been sprayed gold ready for putting on. DB is busy making a template so they and the numbers all sit in the same place on each box front.

Chocolates have already been purchased and one will go into each box and we shall each open a box every other day. DB will probably get the odd numbers and me the even ones so I can open the last box:)