Come join me in my quest to live a happier more frugal way of life, while enjoying the more traditional family values.

Wednesday, May 23, 2012

My Pot Of Gold




My Pot Of Gold

As those of you who follow my blog know I am broke. After a failed business and what was almost a failed Marriage The Foxx and I have been beating off the creditors with a big stick. The light at the end of the tunnel was some Superannuation which by the way I still have not been paid out and a small pension which was going to be coming to me each month from the UK.
The amount of the pension was a bit of a grey area, as it was being paid to me on a sliding scale of my age and the number of years I worked in Scotland. I was'nt even sure if this was taking into account the time off between children and so I had no way of working this out for myself.
On Saturday morning I checked my bank account to see how much to give The Foxx towards food as he was going to be Grocery shopping for me due to this heavy cold of mine. And deposited into my account from the UK Pensions Dept. was almost $4,000.
Where the hell did that come from ??? I almost burst into tears I can't remember the last time my account even looked like having that amount in it. I could hardly wipe the smile off of my face all day, But I did not and still have not spent 1 penny of it.
There has to be a logical reason why there has been so much money deposited into my account and this payment is being backed up with a letter from the UK so until it arrives and I know beyond a fact that I get to keep all this lovely money, I refuse to touch it.
But physical touching and mental touching are two different things and so I am determined that not one cent is wrongly spent, I need an Emergency Fund I need a Holiday Fund and I need to pay off some debts, but I just can't make my mind up which percentage should go where.
I need some help here folks please help me make sure this goes to the right areas............


I am feeling a lot better than I did over the weekend but this cold has left me with a really nasty cough which once it gets started I just can't stop and ends up with a sharp pain between my shoulder blades, so tomorrow I have a Doctor's appointment maybe I need an antibiotic.

My Mum is home from The Hospital now she is getting an assessment done today to see exactly the amount of help she is going to require. I told her not to play Miss Independent but to ask for any help they can give her, she has promised to do this and my Sister will be there to make sure she does.

We Have No Baby Yet

16 comments:

  1. I wouldn't touch it either till you get the letter. I hope that its a payment for the time you were waiting :) Keep us posted and feel better

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    1. I can't imagine that I would qualify for that amount of back money, still you live in hope......

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  2. morning
    your wise not to touch it until the letter arrives but i would imagine its the backdated money you were owed.my OH went to pay £700 to a merchant the other day and was told it wasn't owed.he is going to get the cheque changed to my name and i will bank it separately and hold onto it until we definitely know it to be correct.
    x

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    1. Oh what a lovely feeling $700 back yippeeeee

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  3. I too guess it is a back payment covering the time since you applied to when it was paid. Once you get the letter then you will know that as well as what the ongoing payment will be. I hope it is all yours to keep and that you let it be your emergency fund!

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    1. I am beginning to think it may be Tax owed to me by the British Tax Office, some of my friends have been telling me they did a tax return before emigrating but I never did, so who knows maybe I will get to keep my windfall.....

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  4. Yay! That is a great feeling! Good for you!

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    1. Thanks Tessie, it will really help us out if I get to keep it all....

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  5. Oh Maureen I hope it is ALL YOURS!! I agree with Juhli, make it your emergency fund!

    I'm glad you are feeling better and that your MUM is okay too!

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    1. Sharon I really hope so too, I keep opening my bank account up and checking it's still there.....

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  6. Keeping my fingers crossed for you Maureen! I can't imagine they made a $4,000 mistake so I think you can safely touch it with your MIND only until you are absolutely sure. What a wonderful windfall and I have to agree with everyone else to make it your EF. You'll have SO MUCH peace of mind knowing you have a nicely funded EF behind you :)

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    1. Emergency Fund or debt repayment ????

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  7. Okay, I think I am going to be what they call a "Debbie Downer" here, but I hope that your account doesn't get garnished by creditors in the meantime. This is the "legal assistant" part of me talking. If all goes well, I would take half of it and save it and the other half put towards debt. Hope this helps and I truly, truly, truly hope that I am wrong about creditors garnishing your account.

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  8. Martha I actually have no creditors out there which I am not already dealing with. Payment plans are in place for those who have contacted me, so all is good for now. But I can definitely see where you are coming from.
    My main reason for hanging on to it is just in case an overpayment has been made and they want some of it back......

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  9. Oh,I sure hope it's no mistake!! That money would help you quite a bit. I would split 50/50 too- half towards EF and half towards debt. Keep us posted! And I'm glad you are feeling better. Hopefully, this nasty cough will go away very soon!

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  10. Lena me too my fingers are crossed.

    Happy Anniversary to you for today !!!

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