Slow Progress

A question about : Slow Progress

Hi all

I just wanted a little bit of a moan somewhere people would get what I mean.

I have a plan of paying off my debts, of saving money for maternity leave and a longer term plan (once debts gone) to overpay my mortgage. It wasn't always like this but a combination of terror and YNAB has really helped sort it all out.

But does anyone else struggle with how LONG it all takes? I have a DFD of next June, I'm 3 months into the plan, and I'm BORED of waiting already. I don't want time to speed up as such but god, the next few months are just dragging their heels.

I think I have patience issues

Best answers:

• maybe you need to reevaluate and enjoy the journey. you should see your progress in achievements!
  feeling bored is maybe a blessing as others are usually stressed the eyeballs!! :-)
• I think I've just noticed the passage from being the one stressed to the hilt and having anxiety attacks about it all (as well as shame, self hating, the usual) to being in a position where I'm just waiting.
  It's a weird place to be and you're right, I should be enjoying it more.
• sorry but what does ynab mean?
• No, you're right.
  Thanks to YNAB and a new better spending plan, pretty much nothing happens to me financially after about the 5th of the month. There is only so many times you can reconcile accounts. I pay this month's debt account and that is it, wait another 30 days, rinse and repeat. You are right, it is boring and feels like it is taking an age.
  I have a debt free day of next August and I keep telling myself that it is now under 12 months away, and it is easy etc. The waiting still gets to me. I have finished all the reconciliation for this month. All the food is bought, all the bills paid. No money needs to be spent between now and next pay day.
• I get money paid into my account a massive 11 times a month(child tax once a week, IS twice a month,CB once a week,on a different day to CTC and child maintenance once a month). When I was working it was almost the same as the CTC would go in once a week, CB once a week but on a different day and then wages once a month and maintenance. So I do go into YNAB quite a lot but after the bills are paid for that week and food bought and money sent to the debts it is very much a waiting game-I find myself wishing I could send a bit extra to the debts and try and get it down quicker.It's nice having a plan in place though and knowing exactly what I've got.
• Yes I keep trying to cut down spending in other categories to boost the debt payments. And to sum degree I have managed it but not very much (I know every bit helps etc).
  I really need to work on the food costs though, we spend way too much. Being 20weeks pregnant, writing up a dissertation, having a toddler and working full time means I can't either be arsed or have the time to do the food thing properly. Need to find some motivation for that really.
• Because my OH thinks I spend enough time on YNAB as it is
• I have the same problem - ever since my lightbulb moment me and hubby have made really good progress - paying off over 12k in one year and building up 1.5k savings - but I am impatient and want it done now! still got 15k to go between us
  With each pay day and each loan repayment the stress lifts a little more. Never ever again will I spend frivolously on credit - it's a dirty word in my house!
• I think many of us experience the mid - month "lull" in activity.
  When it gets me I try to remember that even if nothing happens to pay down the debt I'm still a day closer to being rid of it. Pre-LBM I'd have these mid-month boredom phases and that's when the credit would get battered. I still get the urge to spend (any habit is hard to break) but I'm nearly Ј 6,000 less in debt to the plastic than I was this time last year and I'm not making it worse!
  Pat yourself on the back, you are nearly there. The last bit of any task is the hardest. Take one day at a time if needs be and relish in what you have already accomplished. Millions of people out there can't/don't do what you have already.
  Kate x
• Congratulations on your pregnancy hon - I'm 17 weeks tomorrow!
  I am too trying to pay off my debt and save for maternity although I don't have a toddler to look after too!
  Unfortunately, my DFD is a bit longer than yours (Was April 2016 but falling pregnant earlier than we thought it would happen it means our DFD is now July 2016), but yes it gets boring and waiting is tedious. But, use the journey to learn new things. I posted a few weeks back about how MSE has taught me so many things and all our baby things will be bought cash and maternity leave will be paid for by budgeting and cutting back/saving rather than using credit as we would have done in the past.
  Keep me posted on how you are getting on!
  NYD xx