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Budget With Me March Update | Budget with Irregular Income | Self Employed Finances | Sparrows End

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Budget With Me March Update | Budget with Irregular Income | Self Employed Finances | Sparrows End I put out weekly videos about forging a life that’s creative, sustainable and fun, so if you enjoy any of my videos then please hit the like button and make sure to subscribe and click the notification bell. Mel x Get Your Free eBay Profit Calculator Spreadsheet HERE https://sparrowsend.com/yours-for-free/ Check out my website www.sparrowsend.com My second channel about crochet and knitting https://www.youtube.com/channel/UCSqY5ReqFpVHjmOwIEwhQNw/ If you want to follow more of my entrepreneurial antics then go and follow me on Instagram https://www.instagram.com/sparrows_end/ Music: https://www.bensound.com Affiliate Links to Items I Use to Run my Online Reselling Business De-bobbler/Fabric Shaver https://amzn.to/2BdCjQw Mykal Sticky Stuff Remover 250ml https://amzn.to/2vMTfbC Magic Sponges for cleaning shoes https://amzn.to/2ODH4oE Kiwi Trainer Whitener https://amzn.to/2MS9KcR 50 SMALL clear polythene bags 10x12 for SHORTS, SKIRTS, TOPS: https://amzn.to/2K95RlN 50 MEDIUM clear polythene bags 12x15 for JUMPERS, LONG DRESSES, TROUSERS: https://amzn.to/2K2JBdn 50 LARGE clear polythene bags 14x17 for BLAZERS, JACKETS, COATS: https://amzn.to/2lmkvIt Recycled Brown Packing tape https://amzn.to/2UVEuwL 100 watt Daylight Lightbulb https://amzn.to/2W4PhXu Affiliate Links to Items I Use to Run my Youtube Channel Desktop tripod https://amzn.to/2UWIvRA Mic for iphone https://amzn.to/2Vg8HMk Phone Stand for Overhead shots https://amzn.to/2VJ4ZKg Phone I use to record video https://amzn.to/2UUd3DM
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Text Comments (52)
Sparrows End (3 months ago)
Hi my loves! Just a little catch up so you can see how I’m doing making the money I need for April. Now don’t e telling me off about my shocking number of eBay listings 😉 I have done plenty more since I recorded this 🙂 Have a wonderful weekend and I hope your financial progress in March has been good x
Michelle Boardman (3 months ago)
Thanks for sharing your budgeting, I really like the way you have framed the video too.
Gacha ash Studiøs (3 months ago)
Thank you for your wonderful upload. I’ve just started selling on eBay and you have been a wealth of information and inspiration for me. Thank you so much!
Sparrows End (3 months ago)
That’s so lovely to hear! Thanks for letting me know and lots of luck with your reselling 🙂
Laura Montgomery (3 months ago)
Hi Mel, may I ask which business bank account you use? Being able to separate money into different pots looks really handy! Thanks x
Sparrows End (3 months ago)
I use Starling Bank 🙂
yes please, groceries budget tightening up!
Sparrows End (3 months ago)
Will do! Thanks for watching 🙂
Jane barrett (3 months ago)
Got the exact same phone on contract and I’m with you .. love Apple Love I phone and like you its essential to life 👌🏻😀
Sparrows End (3 months ago)
Totally! I run my life with my phone 🙈😂
Sarah Bannon (3 months ago)
I’m loving your budget videos, (lovely nail varnish btw!) I always keep a monthly budget, my problem is overspending in certain areas, particularly clothes and food, I really need to work on my self-discipline! I do wonder if allocating myself some ‘spending money’ like you do, would help, or maybe I’d see it as a licence to spend it all instead of trying to save any extra cash I have! Are you still planning on doing some more Woolly Truckle videos in the future, along with your budget and inner circle series?
Sparrows End (3 months ago)
Thanks 😊 I will have to record my next one soon! I don’t use sinking fund categories or anything like that because if I allocate £50 to clothing a month then I’ll spend it whether I need any clothes or not 🙈 The way I manage my money as a self employed person is going to evolve I think as I work out what’s best for me. And yes, def more Woolly Truckle vids but they take longer to prep and I want to start on the tutorials next!
Donna The Brummie (3 months ago)
Hi, wow!! I know we overspend on groceries and toiletries (£100 plus a week) but I can't see anyway of reducing it.😕 there's 3 of us including a teenage boy. I would be interested in seeing a video on how to get by on so little. X
Sparrows End (3 months ago)
I’m so baffled that people don’t think we spend much 😂 It was only about £180-200 when I was at work so I’ve only cut it down slightly. We don’t include wine or beer in groceries as that comes out of spending money. I am def going to find a way of showing how I go about planning our grocery spend!
Donna The Brummie (3 months ago)
Oh fogot to say we also have 2 dogs and a cat 😀
Lynda Glue (3 months ago)
Always pre-book your train ticket for family visit. I do, then when my train is late or cancelled I get a refund from delay-repay!
Sparrows End (3 months ago)
Always do 😉 We also do split ticketing for our rail travel on long trips, use a two together railcard and a Network Rail card. Neither of us drive so we have perfected the art of cheap train travel 😂😂
Rosemary Martin (3 months ago)
How do you spend so little on groceries?
Jane Sallis (3 months ago)
Where do you shop? We shop at Aldi with a smattering of Waitrose in 😂 and you get a LOT for your money in Aldi (although you can't do it online).
Rosemary Martin (3 months ago)
Thanks for your reply! I cook from scratch mostly too, yet I spend more. I was thinking I buy a lot of fruit and tend to buy expensive yoghurts, but would love to hear more about what you buy & what you cook. Great video
Sparrows End (3 months ago)
Hi Rosemary, like I said in the video I am going to try and find a way of showing my grocery spend. I think the crux of it is that I buy in bulk and cook nearly everything from scratch, but I don’t know that for sure because I don’t know what other people do!
Andrea Dipple (3 months ago)
Hi again Mel, I'm the one that made the comment last time on pensions! I notice that you use the term profit when you seem to be referring to turnover or possibly turnover less eBay fees and postage but not taking into account cost of goods sold? So really more cash flow rather than profit? I appreciate that your cost of stock is a sunk cost, but you do need to replenish and hopefully build your stock to generate future income, especially for the end of your gap year. I appreciate that these videos are about personal budgeting rather than business budgeting, but are you allowing separately for working capital in your business?
Sparrows End (3 months ago)
Hi Andrea - the eBay money I’m referring to in these videos is purely the profit after fees, P&P and buying stock - all of that is dealt with in a separate account. If you watch my latest eBay sales vid you can see my spending on stock comes out over there and all that comes into my personal budget is the profit 😊 So when I say in this video that I am on “X” amount of money I am referring to profit not turnover. I spend about £200 a month on stock even though I don’t really “need” anymore right now (😂) to ensure that I am still building it up month by month. Hope that helps! Thanks for watching 😊
Betsy137 B (3 months ago)
Have you thought about selling your budgeting resources? 😊
Betsy137 B (3 months ago)
Sparrows End how exciting! You’re very good at it! 😊
Sparrows End (3 months ago)
Well, I want to finish my eBay planner and see about selling that, well, put out some free sample pages so everyone can use some of it but then put the whole pack up for sale. I’d like to then do a budgeting one too eventually.... so watch this space!!
chelsal (3 months ago)
Think you missed your true vocation Mel - you should have been an accountant. Would suggest you include a provision for unexpected expenses - ie car / household repairs etc.
Sparrows End (3 months ago)
Doesn’t matter 😂 I don’t expect people to watch everything I put out 😂 but yes, we have a joint account for bills and it also has our emergency fund for household unexpected expenses too.
chelsal (3 months ago)
Oops sorry , must have missed the 1st one (will catch up later) . Really enjoy your analytical approach to all your projects.
Sparrows End (3 months ago)
We already have that separately 😊 I think I talked about it in the first budget vid. And oh my word I couldn’t think of anything I’d be less suited too 😂😂😂 You have to be accurate and careful to be an accountant and I suffer from messy brain 🤣 Thanks for watching!
The Narcoleptic Tinkerer (3 months ago)
You know I like your budgeting videos! I agree you shouldn't feel guilty for spending your money how you like. I certainly don't. I do feel resentment though for those things that I HAVE to spend money on. Mainly electricity. I've been thinking of investing maybe £1000 a year into a Solar system, and yes that might be double what I would spend but it would mean getting to the stage where I no longer have to hook up to the grid faster. I just had a look at my groceries for the week and somehow I'm at £100 for the month so far, and what I have can easily last until the end of the month. The bad news is that my car went bang. So I'm expecting a bill between £400 to £800... sad times. Thanks for a cool video, I do find you and your videos inspiring.
Sparrows End (3 months ago)
If you are planning on staying in your property for a long time then solar panels can definitely be a good move. One of my friends who considers herself in her “forever” home has done this and I think they are now at the tipping point of generating enough for their household....
Rose Golden (3 months ago)
Where does your stock budget come from? Do you include it in the mortgage and bills?
Sparrows End (3 months ago)
I deduct it from my profit. So if you watch my latest sales report you will see how I spend about £200 on stock per month and I deduct that from the profit. Anything that comes into my personal budget from eBay is the money I have made after fees, P&P and stock purchases. Hope that helps!
Thriftfulliving Vlog (3 months ago)
Do you think you would go back to teaching after your gap year or are you considering continuing reselling
Sparrows End (3 months ago)
I 100% do not want to do reselling full time!! I am really happy to continue it two days a week though. I think I am going to extend my break and continue to work on my other projects and try to turn them into businesses. As long as I cover my bills I can extend my gap year!
Thriftfulliving Vlog (3 months ago)
Jazz hands 👌
Sparrows End (3 months ago)
Totally!! Students at school used to take the mickey out of me for it 🤣🤣🤣
Gary Arnold (3 months ago)
I should worry about my pension but for some reason I dont, mine is very very low currently.
Sparrows End (3 months ago)
I’ve always divided my savings and investments into short, medium and long term so pension has always been in the long term bracket. Time passes so quickly and if I’m lucky and stay healthy I will be at retirement age in the blink of an eye 😂 Whatever you contribute to a pension when you are younger pays you back so much more 20-30 years down the line. I’m sure you will make some good financial decisions about it that are right for you 🙂
Margaret Stewart (3 months ago)
Great video Mel as always. I need to get my budget on track especially the grocery bill. Its good to see how other people budget and manage their finances and hopefully I will be able use a few of your ideas to save myself some money and hopefully cut down on my unnecessary spending. I get home from the shops and ask myself "why did I buy that". Have a lovely weekend and I look forward to your next instalment.
Sparrows End (3 months ago)
Well it’s all a bit all over the place at the moment. Budgeting with a fixed income is a much simpler beast 😂 I’m just feeling my way with a variable income, but I think I’m getting a grip on things gradually. The psychology around money mindsets is a fairly new area but interesting things are coming out of the research about our attitudes and how it affects our spending and saving etc.. Thanks for watching 😊
laura Ecclestone seibel (3 months ago)
You are doing well 🙂
Sparrows End (3 months ago)
Thanks!! I’m getting there bit by bit!
The Tat Doctor (3 months ago)
Excellent!! Thanks for sharing.... I think it shows the bigger picture of Ebay and Ecommerce in general, have you considered a book keeping business for Ebay/Amazon sellers?
Sparrows End (3 months ago)
I think it shows what can be achieved whilst pootling along and growing something gently and slowly which I am all for! Very interesting business idea - something to think about, though I suspect I have enough on my plate with all the other things I’m trying to fit in! It definitely feels like I’m inching towards something but heaven knows what 😂 I’d like to do a bookkeeping course for my personal satisfaction if nothing else. Thanks for watching and giving some interesting food for thought 🙂
Cathy Eller (3 months ago)
Thank you for showing this, I am interested in your monthly grocery haul/budget. Thanks
Sparrows End (3 months ago)
Thanks Cathy 🙂 I am thinking of a way of showing some detail about it in a video for next month so look out for it! Thanks for watching ☺️
Karensellsclothes (3 months ago)
Had to write last comment whilst I remembered. Think I am going to do this for may
Sparrows End (3 months ago)
I feel more motivated and more in control this month - not that I was out of control 😂 but perhaps I mean that I feel more like I’m leading than being led 🤷🏻‍♀️ I don’t know how to describe what I mean 😄🤣
Karensellsclothes (3 months ago)
We never spend more than £300 per month on groceries toiletries etc. We meal plan and eat healthily so it can be done
Sparrows End (3 months ago)
Definitely! Ours is under £150 and that’s with some “treat” foods and unnecessary extras and some branded items too. Cooking from scratch makes the biggest difference for us because I can rustle up a delicious pasta sauce for pence 🍝😁

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