“Need a friend text me, need a laugh call me, need money? this number is no longer in service”
Things are looking bleak in the Little Miss household this week so all my FIRE research has come to an abrupt halt. As you may have read in my expenses we have gone into debt, plus looking at the expenses for the current month (I know Feb has only just started but more on that below) things aren’t going to get much better.
We work on a credit card month which runs mid month to mid month so we are already on week 2 of our “month” and it doesn’t look good. Mr Fire has had a tooth out and needed new motorbike tyres. I’ve also lost a heap of money (blog post to follow) due to the fear of losing our dream of FIRE.
Normally after pay day, we transfer a set amount over to our savings to cover the credit card for the coming month. Then we leave the money for bills in the account ready for direct debits, lastly transferring the remainder to savings.
Then the house move happened, and the bunk bed happened, and the furniture. Oh and the new car and car insurance. We seem to be in a whirlwind of spending. For the first time ever, we are going to have to use the next months budgeted credit card money to pay off last month.
Myself and Mr Fire where always very excited about moving house and not just for the usual reasons. This was our step one to fire.
Above is our very early plan. Mr Fire found the idea of Fire out along time before me and so constructed a rough plan to show to me (his plan was verbal and I’m a picture sort of girl!) Now it seems like we are in a weird holding pattern of everything falling apart and needing replacing.
A positive from all of this is it is motivation to try even harder at side hustles and making the money we do have go even further.
Have you had many set backs with FI?