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  • FIRST POST
    • Dorastar
    • By Dorastar 2nd Aug 17, 6:03 PM
    • 1,711Posts
    • 14,881Thanks
    Dorastar
    Starting over 2017
    • #1
    • 2nd Aug 17, 6:03 PM
    Starting over 2017 2nd Aug 17 at 6:03 PM
    Just as the title suggests really, starting over after the ugliest of years ever. Family illness, my own illness and now losing my job means it's time to start over.
    Need to do my SoA so that's the plan over the next few days and then tackle everything head on, interest only mortgage, negative equity, credit card, bank loan, Tesco loan and get a new job/career. It ain't gonna be pretty but we will get there. Wish us luck
Page 1
    • Poor_Single_lady
    • By Poor_Single_lady 2nd Aug 17, 6:26 PM
    • 952 Posts
    • 3,450 Thanks
    Poor_Single_lady
    • #2
    • 2nd Aug 17, 6:26 PM
    • #2
    • 2nd Aug 17, 6:26 PM
    hello and welcome and wishing you good luck. xxx
    2017- 5 credit cards plus loan
    Overdraft And 1 credit card paid off.

    2018 plans - reduce debt
    • Dorastar
    • By Dorastar 3rd Aug 17, 11:57 PM
    • 1,711 Posts
    • 14,881 Thanks
    Dorastar
    • #3
    • 3rd Aug 17, 11:57 PM
    • #3
    • 3rd Aug 17, 11:57 PM
    Thanks, no spend day today visiting friends. Doing SOA on Saturday when I've got all the paperwork together
    • moneyonmymindsam
    • By moneyonmymindsam 4th Aug 17, 12:03 AM
    • 1,205 Posts
    • 3,509 Thanks
    moneyonmymindsam
    • #4
    • 4th Aug 17, 12:03 AM
    • #4
    • 4th Aug 17, 12:03 AM
    hello and welcome you are in the right place and wishing you good luck


    Some wonderful supportive people on this forum


    Sam x
    Savings £8000 16th August
    NOT Buying (M)any clothes 2017
    Vouchers £20 NO DEBT



    • Dorastar
    • By Dorastar 5th Aug 17, 1:54 PM
    • 1,711 Posts
    • 14,881 Thanks
    Dorastar
    • #5
    • 5th Aug 17, 1:54 PM
    • #5
    • 5th Aug 17, 1:54 PM
    Minimal spend today £8.68 on some food & drink essentials because we had none in. Menu plan was written before we went visiting friends for a few days so that's all sorted. Started on the SOA but it's grim reading so have made a lemon drizzle cake (we had all the ingredients in) and am having lots of brews to keep me going.

    So far the scores on the doors are
    MrT loan £15,551.94 stupid mistake consolidation
    Bank loan £7157.28
    CC £2212.86
    So grand total of £24922.08😱

    Mortgage £160,000 interest only & still in negative equity because of when we bought & local housing market not recovered

    More cake needed after writing that down!
    Mr T 15355.08/15551.94 Bank 6882.00/7157.28
    CC 2194.33/2212.86 Mortgage £160,000
    £10aday Aug £32.71. Emergency Fund £640.71
    Blanket squares 23/60
    • Hayles70
    • By Hayles70 5th Aug 17, 2:14 PM
    • 30 Posts
    • 45 Thanks
    Hayles70
    • #6
    • 5th Aug 17, 2:14 PM
    • #6
    • 5th Aug 17, 2:14 PM
    Hi Dorastar,

    I just wanted to check in to return the favour! We do sound like we're in a very similar situation so I will be subscribing! We can do this, there's no turning back!

    LBM 06/07/2017(Last updated 05/08/17) Total Debt = £27,111/£26,698
    BC £11,160/£11,121
    TCC: £6,688/£6346
    NWCC: £7,331/£7299
    Next: £382 My mum: £300
    OD1:£1000 OD2: £450/£150
    • Dorastar
    • By Dorastar 5th Aug 17, 7:06 PM
    • 1,711 Posts
    • 14,881 Thanks
    Dorastar
    • #7
    • 5th Aug 17, 7:06 PM
    • #7
    • 5th Aug 17, 7:06 PM
    Cancelled phone insurance because covered by another insurance. Started a PPI case from a consolidation loan ages ago and emailed 2 more companies about settling their accounts. Have highlighted a list of direct debits that we need to look at over the next week to see how much we can cut monthly outgoings. Feel like I'm making slow but steady progress through the treacle that is debt.

    Managed to not spend anything other than this morning's spend so happy with that. Hoping for a no spend day tomorrow too.
    Mr T 15355.08/15551.94 Bank 6882.00/7157.28
    CC 2194.33/2212.86 Mortgage £160,000
    £10aday Aug £32.71. Emergency Fund £640.71
    Blanket squares 23/60
    • Dorastar
    • By Dorastar 6th Aug 17, 7:42 PM
    • 1,711 Posts
    • 14,881 Thanks
    Dorastar
    • #8
    • 6th Aug 17, 7:42 PM
    • #8
    • 6th Aug 17, 7:42 PM
    NSD today, just lots of tidying round the house. Have even decluttered the bits and bobs drawer! Can't believe the number of half used smelly and unsmelly candles we've been hoarding, if the lights go out we're sorted for months.
    Not done SOA because children kept demanding stuff including food, they are both still growing and seem to be constantly hungry. Pasta x2 and curry x2 for tea followed by jam tarts made by DD, she lives baking.
    Menu planning to do tonight and some more knitting with a lovely ball if wool given to me for a bit if babysitting yesterday.
    Mr T 15355.08/15551.94 Bank 6882.00/7157.28
    CC 2194.33/2212.86 Mortgage £160,000
    £10aday Aug £32.71. Emergency Fund £640.71
    Blanket squares 23/60
    • Lemon Tree
    • By Lemon Tree 6th Aug 17, 9:51 PM
    • 9,462 Posts
    • 31,200 Thanks
    Lemon Tree
    • #9
    • 6th Aug 17, 9:51 PM
    • #9
    • 6th Aug 17, 9:51 PM
    Hi. Goid luck making your plans and facing up to the debt figure. I'm sure you can do this, you certainly sound like you know what to do
    • Dorastar
    • By Dorastar 6th Aug 17, 10:00 PM
    • 1,711 Posts
    • 14,881 Thanks
    Dorastar
    Thank you, I know the principles but the practice is much much harder. The unknown job aspect is a huge worry but I can't do much till the old job is settled first. I have one more pay day to go so have time to plan for a more frugal life
    Mr T 15355.08/15551.94 Bank 6882.00/7157.28
    CC 2194.33/2212.86 Mortgage £160,000
    £10aday Aug £32.71. Emergency Fund £640.71
    Blanket squares 23/60
    • Scott_Weiland
    • By Scott_Weiland 6th Aug 17, 10:14 PM
    • 432 Posts
    • 822 Thanks
    Scott_Weiland
    One step at a time dorastar do the soa you dont even need to post it here just be honest with yourself.

    Ie can i cut my tv package

    Can we look at survey websites and cashback websites to boost our income slightly.

    When are mobile phones up for renewal could we go sim only

    Do i really need a 60 quid sky bill or 32 quid gym membership etc etc
    Debts 16346.30
    Cashback Earnings YTD £159.77 Survey Earnings YTD £365.60
    • Dorastar
    • By Dorastar 7th Aug 17, 9:46 AM
    • 1,711 Posts
    • 14,881 Thanks
    Dorastar
    Thanks for the advice - have just ditched Sky and shoved everything on BT, missing our rugby but a lot of it ends up on internet sites anyway. DH is trying to sort his phone today and we've cut mine & DDs but might look at BT family deals.
    SOA is nearly done and we are way over insured - we were very cautious when we got married years ago, so that's definitely up for review. Got to call a scrappy to get rid of DHs old car so hoping for a few quid there.
    Mr T 15355.08/15551.94 Bank 6882.00/7157.28
    CC 2194.33/2212.86 Mortgage £160,000
    £10aday Aug £32.71. Emergency Fund £640.71
    Blanket squares 23/60
    • Dorastar
    • By Dorastar 7th Aug 17, 1:32 PM
    • 1,711 Posts
    • 14,881 Thanks
    Dorastar
    Day not going as planned so far, DH hadn't mentioned that we had to sort car tax out for his car, DD is sick with a tummy bug and just got a fine for being 12 mins over, going to contest it anyway but could do without more hassle.
    Off to do a food shop at MrL instead of MrA for a change cos we're getting a bit bored with our regular menu. Not menu planned because I want to see what they've got in the refurbed store.
    Mr T 15355.08/15551.94 Bank 6882.00/7157.28
    CC 2194.33/2212.86 Mortgage £160,000
    £10aday Aug £32.71. Emergency Fund £640.71
    Blanket squares 23/60
    • Dorastar
    • By Dorastar 8th Aug 17, 11:34 AM
    • 1,711 Posts
    • 14,881 Thanks
    Dorastar
    Weird old day today, waiting for DH's old car to be scrapped and for £180 to come our way for it. Should be delighted cos RAC quoted £60 so that's a huge difference but not feeling the joy today.

    DD has gone to help a friend shop for clothes and to cinema, she doesn't need any. Has just texted me to say she got free lucozade at train station and free biscuits at cinema and is aiming to get more on way back.

    Reference from work is back and improved from first version which basically says I worked there. New one says what I did and what skills I have. Got to wait for contracts etc to be signed before I can start proper job hunting which is really annoying. Get a payout but not sure what to do with it as we'll need it if I don't get a job fairly quickly.

    Got a few things to parcel up as I sold them yesterday but can't do that till car is sorted and gone.....meh
    Mr T 15355.08/15551.94 Bank 6882.00/7157.28
    CC 2194.33/2212.86 Mortgage £160,000
    £10aday Aug £32.71. Emergency Fund £640.71
    Blanket squares 23/60
    • Lemon Tree
    • By Lemon Tree 8th Aug 17, 12:39 PM
    • 9,462 Posts
    • 31,200 Thanks
    Lemon Tree
    the holding patterns in life where you're raring to go but waiting for things to happen are so frustrating aren't they?
    well done for sorting OH's car though it's a really good step.
    • Dorastar
    • By Dorastar 8th Aug 17, 1:22 PM
    • 1,711 Posts
    • 14,881 Thanks
    Dorastar
    Thanks Lemon Tree, it's not gone yet but it has been torrential rain most of today so far. Have been knitting more squares and doing some surveys to pass the time.
    Mr T 15355.08/15551.94 Bank 6882.00/7157.28
    CC 2194.33/2212.86 Mortgage £160,000
    £10aday Aug £32.71. Emergency Fund £640.71
    Blanket squares 23/60
    • Doris17
    • By Doris17 8th Aug 17, 2:54 PM
    • 179 Posts
    • 585 Thanks
    Doris17
    Hello,
    Good luck on you journey.
    Doris.x
    • redofromstart
    • By redofromstart 8th Aug 17, 3:15 PM
    • 131 Posts
    • 429 Thanks
    redofromstart
    Hi Dorastar - and good luck with it.
    Last edited by redofromstart; 08-08-2017 at 4:54 PM.
    • Dorastar
    • By Dorastar 8th Aug 17, 3:35 PM
    • 1,711 Posts
    • 14,881 Thanks
    Dorastar
    Waves hello. £180 cheque from scrappy already paid in and DVLA slip sent back to get car tax refunded. Dad & lad off to 2for1 meerkat movies. I am going to have a brew & slice of cake while everyone's out.
    Mr T 15355.08/15551.94 Bank 6882.00/7157.28
    CC 2194.33/2212.86 Mortgage £160,000
    £10aday Aug £32.71. Emergency Fund £640.71
    Blanket squares 23/60
    • Hiddenidenity
    • By Hiddenidenity 8th Aug 17, 4:01 PM
    • 4,455 Posts
    • 18,123 Thanks
    Hiddenidenity
    Remember cash back sites while changing insurances (it hardly ever pays to stay loyal to the same provider)

    Slow and steady wins the 'race' x
    DFW £953.71/£7348.71 Rent Arrears £391.28/£3381.28

    June 17 PA £121.25 + £70 Cash + £50 Amazon
    July 17 PA £259.95 + £25 Cash + £65 Amazon
    August 17 PA £98.93 + £83.08 Cash + £80 Amazon
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