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  • FIRST POST
    • Tinka21
    • By Tinka21 3rd Dec 12, 11:50 AM
    • 374Posts
    • 412Thanks
    Tinka21
    My New Diary!
    • #1
    • 3rd Dec 12, 11:50 AM
    My New Diary! 3rd Dec 12 at 11:50 AM
    I used to be an avid member of the diaries and fighting debt but I started to lose the fight and I lost my house in 2011 which has now added to the debt I owe, so although I have some of it under control and payment plans in place I'll be over 60 before its all paid off at the current pace I'm going!

    I'm going to use this diary so I can keep track of how much I owe and what i'm paying off and how I'm making extra money!

    My partner and I finally got married this year after almost 9 years and 3 kids later and I am pleased to say we don't owe a single penny from it So I know if we can buckle down and pay for that then we can hack some of our huge debts!

    I need to have some NSD as I have a habit of taking the kids to school and popping into the morrisons next door and spending a fortune on things I didn't need!

    I have nearly completed the christmas present shopping and should be completely done by the end of the week hopefully, then all left over money can start going towards overpayments!

    I have started to crochet gifts for some people and hopefully next year I might start making things to sell!

    I already meal plan and do a weekly budget so that I know exactly what money is going where so I have no excuses to not do this!
    Total Debt £36323 Dec 2012 £19000 January 2016
Page 1
    • Tinka21
    • By Tinka21 3rd Dec 12, 12:18 PM
    • 374 Posts
    • 412 Thanks
    Tinka21
    • #2
    • 3rd Dec 12, 12:18 PM
    • #2
    • 3rd Dec 12, 12:18 PM
    Just been through my weekly budget from now until the end of January and I can make an extra £300 in over payments by the end of Jan! So I should be able to take my debt total to below £36000! If I carry on at this rate I will be debt free in 9 years but I really want to get this down to 5 years!
    Total Debt £36323 Dec 2012 £19000 January 2016
    • Tinka21
    • By Tinka21 3rd Dec 12, 1:00 PM
    • 374 Posts
    • 412 Thanks
    Tinka21
    • #3
    • 3rd Dec 12, 1:00 PM
    • #3
    • 3rd Dec 12, 1:00 PM
    I am wondering whether or not to write to a couple of creditors asking for full and final settlements so I can maybe get rid of a couple of the smaller debts but for a fraction of the price?
    Any thoughts on this would be brill
    Total Debt £36323 Dec 2012 £19000 January 2016
    • lurvlyloz
    • By lurvlyloz 3rd Dec 12, 1:05 PM
    • 876 Posts
    • 1,996 Thanks
    lurvlyloz
    • #4
    • 3rd Dec 12, 1:05 PM
    • #4
    • 3rd Dec 12, 1:05 PM
    hi Tinka.

    Happy new diary

    i have recently contacted my Car loan & got a final settlement which i transfereed on to my virgin cc 0% for BT. this saved me £80 on the final amount which made me feel better so it might be worth a try.

    good luck & i'll keep checking back on your progress x
    Facing up to things - nov 2012 total 9334.95
    back to work after baby -Jan 2014 - total 6905.28 (1 credit card) £3535

    Debt Free Date March 8th 2017 (31st birthday)
    • Tinka21
    • By Tinka21 3rd Dec 12, 1:07 PM
    • 374 Posts
    • 412 Thanks
    Tinka21
    • #5
    • 3rd Dec 12, 1:07 PM
    • #5
    • 3rd Dec 12, 1:07 PM
    Thanks for that! 90% of my debts are with debt collection agencies so I'm hoping they will be just glad to get rid of me! lol
    Total Debt £36323 Dec 2012 £19000 January 2016
    • lurvlyloz
    • By lurvlyloz 3rd Dec 12, 1:34 PM
    • 876 Posts
    • 1,996 Thanks
    lurvlyloz
    • #6
    • 3rd Dec 12, 1:34 PM
    • #6
    • 3rd Dec 12, 1:34 PM
    haha.

    personally i would call them and get settlement figures and see how you get on. i know its usually pay the highest interest rate first but if your with DCAs you could save some in the long run with the totals.

    always worth an ask
    Facing up to things - nov 2012 total 9334.95
    back to work after baby -Jan 2014 - total 6905.28 (1 credit card) £3535

    Debt Free Date March 8th 2017 (31st birthday)
    • Tinka21
    • By Tinka21 3rd Dec 12, 2:06 PM
    • 374 Posts
    • 412 Thanks
    Tinka21
    • #7
    • 3rd Dec 12, 2:06 PM
    • #7
    • 3rd Dec 12, 2:06 PM
    I have wrote a letter to one and need to find addresses for 2 more and fingers crossed I can pay all 3 off at a reduced rate then that will leave me 9 more debts to pay off.
    My big debts are from having the house repossessed but all interest is frozen and we are making very small payments on them, so although they are a pain i'm not too concerned about them yet. In my head if I can get rid of all the niggly little ones then I can concentrate on the big stuff! lol
    Total Debt £36323 Dec 2012 £19000 January 2016
    • lurvlyloz
    • By lurvlyloz 3rd Dec 12, 2:21 PM
    • 876 Posts
    • 1,996 Thanks
    lurvlyloz
    • #8
    • 3rd Dec 12, 2:21 PM
    • #8
    • 3rd Dec 12, 2:21 PM
    that would be the thought process of my head too..i know alot of others would do the snowball method of paying highest interest but as you say if its frozen...then i would agree with your thoughts
    Facing up to things - nov 2012 total 9334.95
    back to work after baby -Jan 2014 - total 6905.28 (1 credit card) £3535

    Debt Free Date March 8th 2017 (31st birthday)
    • Tinka21
    • By Tinka21 4th Dec 12, 1:15 PM
    • 374 Posts
    • 412 Thanks
    Tinka21
    • #9
    • 4th Dec 12, 1:15 PM
    • #9
    • 4th Dec 12, 1:15 PM
    Today I have got son number 2 at home with a high temperature so while he sleeps on the sofa I am crocheting a baby blanket for his teacher as she is leaving at xmas to have her baby. I'm hoping the husband can get a break at work later so he can pick son number 1 up from school so I don't have to drag the baby and poorly one out in this awful weather.

    On a better note though, last year I bought a red Next dress for my baby daughter off ebay for 99p to wear xmas day, so as its getting near xmas again thought I would re-sell on ebay and got £7.50 for it! Not a bad profit!
    Total Debt £36323 Dec 2012 £19000 January 2016
    • lurvlyloz
    • By lurvlyloz 4th Dec 12, 1:23 PM
    • 876 Posts
    • 1,996 Thanks
    lurvlyloz
    all helps doesnt uit.

    hope your littleun feels better soon
    Facing up to things - nov 2012 total 9334.95
    back to work after baby -Jan 2014 - total 6905.28 (1 credit card) £3535

    Debt Free Date March 8th 2017 (31st birthday)
    • Tinka21
    • By Tinka21 5th Dec 12, 1:30 PM
    • 374 Posts
    • 412 Thanks
    Tinka21
    So, today's jobs are to post an ebay item and do some more crochet!

    Nothing much money saving but I did manage a NSD yesterday! yay! Need to go and buy bread and get some gas but thats it until tomorrow when I'm hoping to finish off some xmas shopping.

    I have got a £10 argos voucher and £22 Next vouchers (from a shopping survey site ) to use towards it so i'm hoping I wont spend too much cash!

    Hope everyone is having a good day today xx
    Total Debt £36323 Dec 2012 £19000 January 2016
  • ChocaholicHandbagQueen
    Hi, good luck with your new diary, you sound really organised. £300 is a fantastic overpayment for January. Mine will be a bit less but hoping to start the new year meaning business
    Next £0.00 Aqua £470.00
    Debenhams £1,228.14 Nationwide £2,783.91
    Halifax £3,198.36

    POAMAYC in 2013 #63 £912.48/£6,000
    "It does not matter how slowly you go so long as you do not stop" Confucius
    • Choc-addict
    • By Choc-addict 6th Dec 12, 9:48 PM
    • 1,893 Posts
    • 2,387 Thanks
    Choc-addict
    Hey there,

    Just wanted to wish you lots of luck on your journey. You'll be surprised how quickly they start coming down. Especially as soon as you clear a couple of the smaller ones and free up more money!

    Choc x
    • Tinka21
    • By Tinka21 7th Dec 12, 1:08 PM
    • 374 Posts
    • 412 Thanks
    Tinka21
    Thank you CHQ and Choc. I'm really motivated to get going with it and feel almost impatient for January to come!

    I didn't quite finish my shopping yesterday but only a couple of more bits to get.

    I have got the Husband more on board with it all but honestly he doesn't like to have anything to do with money if he can help it but has said he will give me extra where he can to help pay things off a bit quicker.

    xx
    Total Debt £36323 Dec 2012 £19000 January 2016
    • Choc-addict
    • By Choc-addict 7th Dec 12, 1:45 PM
    • 1,893 Posts
    • 2,387 Thanks
    Choc-addict
    He he, I know what you mean. Although 2012 was amazing for me in so many ways (we got married)....I can't wait for 2013 to begin and to start tackling the debts hard with new found enthusiam...I hope!

    I find posting on here regularly really helps x
    • Tinka21
    • By Tinka21 9th Dec 12, 10:21 PM
    • 374 Posts
    • 412 Thanks
    Tinka21
    wow I can tell the countdown is on for xmas! So many things to remember!

    Monday - Kids have got xmas dinner at school so must remember to not send a packed lunch!
    Tuesday - DS2 has got a Panto with school so needs picking up later
    Wednesday - 2 x nativity plays - one in the morning and one in the afternoon!

    And i'm sure there are more things to do but cant think what!
    Total Debt £36323 Dec 2012 £19000 January 2016
    • lurvlyloz
    • By lurvlyloz 10th Dec 12, 9:33 AM
    • 876 Posts
    • 1,996 Thanks
    lurvlyloz
    busy week for you then
    Facing up to things - nov 2012 total 9334.95
    back to work after baby -Jan 2014 - total 6905.28 (1 credit card) £3535

    Debt Free Date March 8th 2017 (31st birthday)
    • Tinka21
    • By Tinka21 10th Dec 12, 5:02 PM
    • 374 Posts
    • 412 Thanks
    Tinka21
    Ive made a £5 payment today to one the debts, okay so its the normal payment but its still £5 down and coming off the total!

    I think I'll update my total at the end of the year and see the progress with just making my normal monthly payments on things.

    I still haven't heard back re my offer to do full and final settlement on one of my smaller debts, which i do believe is for an old Next account but its been passed around that many different collection agencies sometimes its hard to tell! Just in case they accept I have put the money to one side, if not then I'll save the extra and pay it off in full.

    Kids enjoyed their school xmas dinner today which is always a plus!

    I have so far eaten a sausage roll today so really need to think about whats for tea :/
    Total Debt £36323 Dec 2012 £19000 January 2016
    • Tinka21
    • By Tinka21 12th Dec 12, 4:45 PM
    • 374 Posts
    • 412 Thanks
    Tinka21
    Had a fab day today!
    This morning was DS1's nativity and this afternoon was DS2's nativity and they were both brill which makes a very proud mummy!

    Didnt have a NSD as had to buy a couple of bits for tea but only bought what I needed which is an improvement for me!

    Hope everyone is having a good day/night
    Total Debt £36323 Dec 2012 £19000 January 2016
    • Tinka21
    • By Tinka21 15th Dec 12, 11:14 AM
    • 374 Posts
    • 412 Thanks
    Tinka21
    Right I'm not leaving the house today so should be a NSD! yay!

    Not really done much in the way of money saving, except a couple of surveys that paid £8 into paypal so bought my nephews xmas present with it. Also have enough points on another for a gift voucher, but as I dont need one for anything I think I'll save it up for a bit longer and cash it out when I need a birthday present or may even save it all up for next xmas!
    Total Debt £36323 Dec 2012 £19000 January 2016
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