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This year we have really taken budgeting to the extreme! We are moving house in order to reduce our monthly outgoings.
Our Old House
I love our house! It is the perfect family home, it’s old, has loads of character and it’s big enough to fit the never-ending stream of guest that we now seem to have to stay since moving to Devon.
However, we are leaving this home for pastures new. Why? The answer is to dramatically reduce our outgoings. In short, we are downsizing but not only that we are modernizing.
As much as I love our current home there is no escaping the fact that it costs a small fortune to run. It is quite possibly the least eco-friendly/energy efficient house EVER!
It has old leaded windows and when it is windy outside the curtains physically fly into the room. The heating is run on an oil boiler and costs us a huge amount each winter and don’t even get me started on the water that comes in through the doors and ceiling in the boot room.
The maintenance costs of this house are on another level!
The New Modern House
Our new house, however, is still being built, it has an energy efficiency rating of B and is not run on oil. The insulation will be packed in, it will have brand new double glazed window and doors and most importantly it won’t leak!
With this new house, we will not only be saving money on our household bills every month, the mortgage repayments are also lower.
We have estimated that by moving from this house to our new one we will save on average £250 a month! That’s a nice chunk of extra money each month to spend on other things (or save if we want to be really good).
It’s going to be quite a shock for us as we have never lived in a town before and we’ve never had a modern house either but I am really looking forward to creating some thrifty decorating in all of the new rooms.
I’m also really looking forward to having less to clean. I seem to spend my entire life cleaning our current house.
Update: Find out how we got on with the move and how much we are saving in our new home here…
Thrifty Thursday is a weekly linky and a place to share your thrifty posts. It doesn’t matter if they are old or new and can be about anything to do with saving money and being thrifty. Whether it be a post on cutting back on your food shop or your latest thrifty find link it up, I’d love to see it.
I have also started a Thrifty Thursday board on Pinterest and I will be pinning any entries onto it each week so more people get to see your great posts.