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Shortfall

October 1st, 2013 at 06:39 am

It's just over two weeks until payday. I asked hubby to check his minimum payments on his two catalogues last night. He didn't want to; I found out he usually just waits until payday, signs in and makes his payments. I prefer to know what's happening in advance. He checked and both of his payments have increased. Great. But I'm glad we know now so we can try to prepare. Hubby didn't say much the rest of the night about it.

I've been thinking about what to do. To make matters worse, hubby got minor surgery today so he will have to take a few sick days this week. Also, the last of my savings will be transferred to his account to cover his shortfall for this pay. I asked him to check his bank account before the catalogues. I'm glad I did.

The way I see it, we have a few problems: savings will be depleted after this transfer and there will be another shortfall next pay since there's been no OT since we've both been on holiday from work. When I go back to work next week I will try to get an extra shift but I can't do much since I have to look after SG.

I've got £41.46 of my grocery budget left. I'm debating whether to use this money to buy a meat pack from the local butcher's that's £25 and stock up on tinned tomatoes, pasta etc. Or trying to spend as little as possible and keep it for the shortfall next pay. Thoughts? What would you do? I'm also considering making a big batch of soup and freezing what's left.

4 Responses to “Shortfall”

  1. CB in the City Says:

    I think I would keep it for the shortfall. Then work your groceries in when you know what you're dealing with.

  2. ceejay74 Says:

    What are the catalogues? Is it something you can cancel or opt out of or is it a required expense?

  3. scottish girl Says:

    @CB: I'll try to keep most of it. I'll need to pick up a few items between now and payday, mostly milk, potatoes, bread I think

    @CJ: They're home shopping catalogues, based in the UK and Ireland. We used it a lot when we moved into our flat to pay for household items. The idea is that you pay it over a number of weeks (up to 52 wks interest free for some items) or up to 156 wks paying interest. I have one too. Ideally we should have one per household, or none at all (hopefully in the future)

    No, he can't cancel it or opt out. If he misses the payment he'll get charged a late fee plus his payment will be double in November.

    Normally two people in the same household aren't allowed to have the same catalogue. When we lived with his mum, hubby couldn't apply for any because she had all of them. I had mine then too, but it was allowed because all I did was change my address details.

    Sorry if this is confusing.

  4. Jane Says:

    I would save it, and also do a pantry inventory to make a menu plan for the shortfall peroid that requires as few additional groceries/the cheapest groceries possible.

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