Money Diary: A Secondary School Teacher In Rural Scotland On 41k
·38 min read
Welcome to Money Diaries, where we're tackling what might be the last taboo facing modern working women: money. We're asking a cross-section of women how they spend their hard-earned money during a seven-day period – and we're tracking every last penny.
This week: "I’m a 31-year-old secondary school teacher living in rural northeast Scotland with my wife, M, and our 2.5-year-old puppy, A. We have been together for almost eight years and married for three and a half. After some time out of our careers to travel (M is a doctor), we settled in NE Scotland where M got a specialist training post which will take her through to being a consultant. This meant that we could buy a house and we are currently trying to live the country dream with our wee cottage that we bought in 2019. Somewhere in the future is starting a family and we are very fortunate to be entitled to NHS funding to support this.
In general, we don’t go out all that much (even before COVID) and so try to save a fair bit each month. We both see our money as shared and are happy to pool all our savings and pay for each other when out and about. In 2019 we were very lucky to be gifted £50,000 by my grandfather as a kind of ‘pre-death’ inheritance. This allowed us to put in an offer on a dream cottage, knowing that we would have enough money to make the improvements we needed/wanted (around £36,000 in total). We have slowly been doing up the cottage (replacing the windows, kitchen and bathroom, redecorating and making massive changes in the garden) and are happy to spend money to make our house a home. We can almost see the light at the end of the tunnel as we now only have carpets, new doors and a new wood burner to buy (although lockdown 2.0 has put a spanner in the works in terms of getting tradespeople in). I cannot wait for everything to be finished!
When my grandfather passed away (his will was settled last May) we were flabbergasted to receive £133,000. This is an enormous amount of money and we feel that it is very important to look after it – we know that we are very lucky to be in this position and want to make sure that we use it to future-proof our life. All this pressure (put on myself really) massively stressed me out as I had no clue about how to keep it responsibly. After deciding that we don’t really understand investments enough to go down that route (and me being worried about the ethical/sustainability implications of some investments) we decided to buy a property to let and are currently in the process of closing on a flat in the city that M works in. We won’t have time to manage tenants ourselves so are happy to pay a letting agency to do this for us, even if this reduces the rental return. Hopefully over time this flat will prove to be a safe investment. We plan to use the rental return to help overpay the mortgage on our cottage and we used some of the inheritance to do this last year (overpayment of £21,000).
M and I are very similar in our outlook on life: we both love walking, gardening and generally being outdoors. We also try to do our best to look after the planet and stop climate change. I can be a bit obsessive about being eco and M kindly supports me with this. We are both vegetarians (and were before we met each other – ideal!) and we try to grow as much as we can in our garden. We also try to reduce our plastic consumption by avoiding single-use plastics and getting staples like cleaning and laundry products, dried food and herbs etc. from our local plastic-free shop. The furniture we buy is almost always secondhand or reclaimed wood and I have massively tried to reduce my purchasing of unnecessary products and clothes. I try to only buy clothes from companies which are actively sustainable and/or ethical and I now only buy clothes that will last."
Industry: Secondary education Age: 31 Location: Northeast Scotland Salary: £41,412 Paycheque amount: £2,143 (after deductions). Number of housemates: One: M, my wife (and A, our dog).
I’ve included all of our joint expenses as M and I split things pretty evenly and see all of our money as shared. M’s take-home pay is around £2,900 a month.
Housing costs: £1,500 mortgage for a three-bedroom detached cottage. Our actual mortgage payments are £937 but we started overpaying in March to speed up paying it off. We will continue to do this for as long as we can and aim to use savings/return from the flat to top up the overpayment to the maximum penalty-free amount of 10% each year. If my maths is right this means that we could be mortgage-free in about six years. Loan payments: £165 student loan. Utilities: From my account: council tax £184, landline phone £30 (our cottage is in a signal blackspot so this is vital), house insurance £742 paid annually. From M’s account: internet £40 (for an EE wireless dongle as you can’t get broadband here – downside of rural living), pet insurance £164 paid annually. From our joint account: Vitality mortgage insurance £51, electricity £70 for our winter months (this decreases in the summer). We are with So Energy as they are fully renewable – this offsets the guilt of being on oil for our heating (another countryside drawback). Oil £350 for a 1,000l tank (we go through about three or four a year but it’s been more when I’ve been working from home). Emptying the septic tank ~£280 every two-ish years. Transportation: Petrol/diesel for both my car and M’s is around £200 a month (M’s commute is 50 minutes each way). Tax for both is £250 and is paid annually by whoever opens the bill, as are MOTs and any repairs (this year this was over £1,000 as my car needed a lot of work). Multi-car insurance, with business and personal injury cover and breakdown recovery, is paid annually and was £1,130 at the start of April. Phone bill: M pays for both of our mobile bills: £42 combined. Savings? Around £130,000 in several savings accounts. £95,000 - £100,000 of this will be spent on the flat purchase, legal fees, upgrading costs and legal requirements/checks to get the flat ready for letting. As well as overpaying the mortgage we also try to save as much as we can each month and will use some of this for finishing the cottage renovations. Other: Joint: £200 for our dog walker (who walks A for an hour each day as we are out of the house from 8am until around 5.30/6 most weekdays), £32 for Netflix, Now TV and Amazon Prime, dog training (in non-COVID times) £40 for five sessions, tick and worming treatments for A ~£50 every three-ish months, food for A ~£70 every few months (we buy organic food which is climate-friendly and in recyclable packaging – this costs a bit more but is worth it). Personal additional extras: Trade union membership £14, donation to Tree Aid (empowering women and helping stop climate change!) £20, rugby club membership £7.50, charges for Triodos accounts £6, iCloud extra storage £2, annual teaching registration £65 and annual teachers' association for my specific subject £35, annual Quizlet and Mentimeter subscriptions £112 (I use both when I teach and couldn’t cope with the limitations on the free accounts, especially during the lockdowns).
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SAINT LAURENT, Quebec, May 14, 2021 (GLOBE NEWSWIRE) -- IntelGenx Technologies Corp. (TSX-V:IGX) (OTCQB:IGXT) (“IntelGenx”), a leader in pharmaceutical films, today reported that the previously announced US$12,346,300 investment in IntelGenx by ATAI Life Sciences AG (“atai”) has been completed. As a result of the investment, atai now holds approximately 25% of the issued and outstanding common stock of IntelGenx. "We would again like to thank our shareholders for their support of our transformative strategic partnership with atai,” said Dr. Horst G. Zerbe, CEO of IntelGenx. “In addition to positioning IntelGenx as a leader within the novel therapeutics field of psychedelics, atai’s investment provides us with the requisite financial resources to continue to advance our portfolio of other pharmaceutical film product candidates towards commercialization.” “We are pleased to have achieved our goal of progressing from collaborators to partners with IntelGenx via this transaction, and we are excited to make IntelGenx’s innovative film technology an integral part of our platform,” said Florian Brand, CEO of atai.” About IntelGenx IntelGenx is a leading drug delivery company focused on the development and manufacturing of pharmaceutical films. IntelGenx’s superior film technologies, including VersaFilm® , DisinteQ™, VetaFilm™ and transdermal VevaDerm™, allow for next generation pharmaceutical products that address unmet medical needs. IntelGenx’s innovative product pipeline offers significant benefits to patients and physicians for many therapeutic conditions. IntelGenx's highly skilled team provides comprehensive pharmaceuticals services to pharmaceutical partners, including R&D, analytical method development, clinical monitoring, IP and regulatory services. IntelGenx's state-of-the-art manufacturing facility offers full service by providing lab-scale to pilot- and commercial-scale production. For more information, visit www.intelgenx.com. About atai atai is a clinical-stage biopharmaceutical company founded in 2018 in response to the significant unmet need and lack of innovation in the mental health treatment landscape. atai is dedicated to acquiring, incubating and efficiently developing innovative therapeutics to treat depression, anxiety, addiction, and other mental health disorders. atai's business model combines funding, technology, scientific and regulatory expertise with a focus on psychedelic compounds and other drugs with differentiated safety profiles and therapeutic potential. atai operates a decentralized model to enable scalable drug or technological development across its companies, seeking to effectively treat and ultimately heal mental health disorders. atai's vision is to bridge the gap between what the mental healthcare system currently provides and what patients need. atai is headquartered in Berlin, with offices in New York, and London. For more information, please visit www.atai.life. Forward-Looking Statements This document may contain forward-looking information which involves substantial risks and uncertainties. Statements that are not purely historical are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the U.S. Securities Act. Forward-looking information or forward-looking statements by their nature are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Corporation at the time of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Words such as “expects”, “continue”, “will”, “anticipates” and “intends” or similar expressions are intended to identify forward-looking statements. Because these forward-looking statements are subject to a number of risks and uncertainties, the Corporation’s actual results, objectives and plans could differ materially from those expressed or implied by these forward-looking statements. Some of the important risks and uncertainties that could affect forward-looking statements are discussed under the heading “Risk Factors” in the Corporation’s annual report on Form 10-K, filed with the United States Securities and Exchange Commission and available at www.sec.gov, and also filed with Canadian securities regulatory authorities at www.sedar.com. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date the statements are made, and the Corporation assumes no obligation to update any such forward-looking statements except as required by law. Moreover, all forward-looking information contained herein is subject to certain assumptions. Investors are cautioned against attributing undue certainty to forward-looking statements. All forward-looking statements are expressly qualified in their entirety by this cautionary statement. Each of the TSX Venture Exchange and OTCQB has neither approved nor disapproved the contents of this press release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, any securities. Source: IntelGenx Technologies Corp. For IntelGenx: Stephen KilmerInvestor Relations (514) 331-7440 ext email@example.com Or Andre Godin, CPA, CAPresident and CFOIntelGenx Corp.(514) 331-7440 ext firstname.lastname@example.org
HANOI, Vietnam, May 14, 2021 (GLOBE NEWSWIRE) -- With many special NFT functions supporting to store and preserve artworks, as well as organizing 3D exhibitions, AvatarArt, developed by ByteNext, has made a breakthrough to promote the art field and bring NFT closer to life. Over the past time, NFT emerges as an indispensable future trend. However, there are still many barriers because it is very strange and difficult to understand for most people, especially artists due to their expertise. Along with that, the company finds that traditional auctions have many shortcomings, limitations and risks related to difficulties in shipping artworks to auction halls; time-consuming and complicated procedures and processes, and other disputes. Nowadays, auctions are held locally, which limits connection and goes backward the current globalization trend. Besides, that digital artworks become NFT and are sold at unbelievable prices causes a great problem to this field.. And AvatarArt goes live to provide people with a solution supporting the process of making artworks become NFt in the safest and fairest manner. AvatarArt solutions As AvatarArt mentioned above, AvatarArt aims to make the NFT process for artworks transparent. AvatarArt tend to create effective solutions as follows: AvatarArt is designed with a simple interface, facilitating artists to create NFT for their artworks and bring them closer to millions of art lovers worldwide just by some clicks. AvatarArt also connects to storage and preservation centers in certain places. After artworks are stored and verified by specialists and experts, AvatarArt will automatically create NFT for the artworks, which helps them keep their real values. All artworks can be auctioned online without being taken to the auction halls because the real ones are stored at centers and sticked with codes. Besides, authorization becomes simpler thanks to the Blockchain application. Everyone can join the auctions, offering artists a great opportunity to bring them closer to the world. The auction process also becomes simpler. Users can watch NFT works in a 3D space before the auctions take place, which makes the auctions more interesting and attractive. The transaction process is stored on Blockchain, ensuring that the auctions are held transparently and publicly, thereby avoiding unexpected disputes. By integrating many solutions in an ecosystem, we help to eliminate all issues that artists and art lovers are facing, at the same time promoting connection and interaction between them. And AvatarArt will bring NFT and art to a new height. Social Links Facebook: https://www.facebook.com/ByteNext/ Twitter: https://twitter.com/Bytenextio/ Telegram Channel: https://t.me/ByteNextAnnouncement Telegram Group: https://t.me/ByteNextOfficial Media Contact Company: ByteNext Contact: Anh Dinh, Digital Marketing Dept Telephone: 0967556863 E-mail: email@example.com Website: https://bytenext.io SOURCE: ByteNext
Mohan was the managing director and CFO for Goldman's consumer business, which includes Marcus and Apple Card, and will be departing after nearly 15 years at the bank. Mohan will be starting her new role in August, the memo said.
CALGARY — A judge has dismissed an attempt to quash the United Conservative government's inquiry into whether foreign groups have conspired against Alberta's oil industry. Court of Queen's Bench Justice Karen Horner says the environmental law firm Ecojustice failed to prove the inquiry was called to intimidate charities that have raised concerns about the industry. She also says there's no reason to believe that the political context around the inquiry suggests it's biased. The provincial government and some industry leaders have said Canadian environmental charities that accept U.S. funding are part of a plot against Alberta's energy industry. The province has said the plot aims to block pipelines and landlock Alberta's oil to benefit its American competitors. Legal scholars and non-profit groups say the inquiry is an attempt to bully and silence industry critics. The inquiry's final report, already delayed, is due May 31. More coming ... The Canadian Press
UK to allow ‘surge vaccination’ in Covid hotspots hit by Indian variantPM to outline how government will counter sharp rise in infections linked to B.1.617.2 variantCoronavirus – latest updatesSee all our coronavirus coverage A health notice warns the public in Bolton. Photograph: Oli Scarff/AFP/Getty Images
Canadians who have been vaccinated with one dose of a COVID-19 vaccine can socialize with close family and friends outdoors over the summer months, Canada's chief public health officer said today. With the vaccine supply ramping up, virtually all Canadians will have access to at least one vaccine dose by June. Dr. Theresa Tam said that extra layer of protection will allow some of the more stringent social distancing measures to be relaxed — but Canadians must continue to avoid indoor gatherings altogether until more people are fully vaccinated. Tam said a more social summer will depend on Canadians staying apart for the rest of the spring. The case count is still too high and vaccination coverage too low to do away with public health measures right now, she said. Even partially vaccinated people should stay away from others until there is broader vaccine coverage in the weeks ahead. Tam said provinces should begin to lift public health restrictions only once 75 per cent of all adults have had at least one vaccine dose and 20 per cent are fully vaccinated. As of Friday, 50 per cent of Canadian adults have had one shot. After reaching that 75 per cent milestone, she said, Canadians can safely enjoy camping, hiking, picnics, small backyard BBQs and drinks on a patio. Canadians should still avoid all crowds, Tam said, and partially vaccinated people should continue to practice social distancing and wear a mask when in public. Chief Public Health Officer Dr. Theresa Tam and Maj.-Gen. Dany Fortin provide an update on the COVID-19 pandemic in Ottawa.(Sean Kilpatrick/Canadian Press) "Vaccines will be a major help in keeping your rates low and point towards a future that includes some of these activities that we've longed for without a resurgence happening," Tam said. "Individuals with one dose should feel more confident that they're better protected, but you've got to get that second dose for maximal protection." Asked why Canada has set the bar so high for doing away with some of the strictest public health measures, Tam said it ultimately will be up to the provinces and territories to decide when social and economic life can return to something closer to normal. Tam said the U.K. is reopening with lower vaccination rates because it has been able to "crush" the third wave and has fewer cases than Canada. Beyond vaccine metrics, she said, jurisdictions should monitor their retransmission numbers — the figures that show how widespread COVID-19 is in their communities — before re-opening. "You have to let the epidemiology and data drive the slow reopening measures at the local level," she said. In the fall — once vaccine coverage is more widespread and 75 per cent of all eligible Canadians have had the two necessary doses — restrictions on higher education, indoor sports and family gatherings can be dismantled, said Health Minister Patty Hajdu. "We should be able to do more activities indoors with people outside our household," she said. "More people need to be vaccinated so we can ease restrictions."
DENVER (AP) — A Colorado man suspected in the death of his wife who disappeared on Mother’s Day 2020 is also accused of submitting a fraudulent vote on her behalf for Donald Trump in November’s presidential election, newly released court documents show. Barry Morphew told investigators he mailed the ballot on behalf of his wife, Suzanne Morphew, to help Trump win, saying “all these other guys are cheating,” and that he thought his wife would have voted for Trump anyway, according to an arrest warrant affidavit signed Thursday by a judge in Chaffee County. Morphew, 53, faces possible first-degree murder and other charges in connection with the disappearance of Suzanne Morphew on May 10, 2020. He was arrested May 5 and is currently being held in connection with that case. Barry Morphew posted a widely viewed video on Facebook pleading for her safe return shortly after she disappeared. Authorities say the arrest was the result of an ongoing investigation that has so far failed to find Suzanne Morphew’s body. After conducting over 135 searches across Colorado and interviewing 400 people in multiple states, investigators believe Suzanne Morphew is dead but have not found her body, Chaffee County Sheriff John Spezze has said. An arrest affidavit by Chaffee County Sheriff's Detective Sgt. Claudette Hysjulien says the county clerk's office received a suspicious mail ballot in Suzanne Chaffee's name in October. Sheriff's investigators saw the ballot, which had been mailed by the state to Suzanne Chaffee, lacked Suzanne's signature, as required by law, but that Barry Morphew had signed it as a witness. Morphew was interviewed by two FBI agents about the ballot in April. Asked why he sent it, he told the agents, “Just because I wanted Trump to win," according to the affidavit. “I just thought, give him another vote.” Asked if he knew it is illegal to send someone else's ballot, Morphew replied: “I didn't know you couldn't do that for your spouse.” The affidavit says Morphew faces two new counts: felony forgery and misdemeanor ballot fraud. On Friday, Morphew was being advised of the new charges in Chaffee County District Court. James Anderson, The Associated Press
RADNOR, Pa., May 14, 2021 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP announces that a securities fraud class action lawsuit has been filed in the United States District Court for the Southern District of New York against Romeo Power, Inc. (“Romeo”) (NYSE: RMO; RMO.WT) f/k/a RMG Acquisition Corp. (NYSE: RMG; RMG.U; RMG.WS) on behalf of those who purchased or acquired Romeo securities between October 5, 2020 and March 30, 2021, inclusive (the “Class Period”). Lead Plaintiff Deadline: June 15, 2021 Website: https://www.ktmc.com/romeo-powerclass-action-lawsuit?utm_source=PR&utm_medium=Link&utm_campaign=romeo Contact: James Maro, Esq. (484) 270-1453 Adrienne Bell, Esq. (484) 270-1435 Toll free (844) 887-9500 Romeo is an energy technology company focused on designing and manufacturing lithium-ion battery modules and packs for commercial electric vehicles. The complaint alleges that throughout the Class Period, the defendants concealed that: (1) Romeo had only two battery cell suppliers, not four; (2) the future potential risks that the defendants warned of concerning supply disruption or shortage had already occurred and were already negatively affecting Romeo’s business, operations and prospects; (3) Romeo did not have the battery cell inventory to accommodate end-user demand and ramp up production in 2021; (4) Romeo’s supply constraint was a material hindrance to Romeo’s revenue growth; and (5) Romeo’s supply chain for battery cells was not hedged, but in fact, was totally at risk and beholden to just two battery cell suppliers and the spot market for their 2021 inventory. Romeo investors may, no later than June 15, 2021, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. In order to be appointed as a lead plaintiff, the Court must determine that the class member’s claim is typical of the claims of other class members, and that the class member will adequately represent the class. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff. Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com. CONTACT: Kessler Topaz Meltzer & Check, LLPJames Maro, Jr., Esq.Adrienne Bell, Esq.280 King of Prussia RoadRadnor, PA 19087(844) 887-9500 (toll free)firstname.lastname@example.org
Politics is a form of storytelling, and a 63 percent approval rating suggests that President Biden’s story is one most American people are willing to hear. The past week, however, has offered the kinds of plot twists that threaten to undo that narrative.