On a Mission

Mummy_bear · 13 July 2017 at 3:49PM

I get paid tomorrow woohoo

Get to pay a few debts.

Just done another money transfer on the MBNA card to pay off DH interest accruing credit card. Will also pay off Littlewoods so that I don't pay any interest on that.

Watched a few clips of David Ramsey on YouTube. Confirmed my debt tackling method re. Snowballing. I'm tackling debt accruing interest first which just so happens to be the smaller debt amounts.

Need to think about an emergency fund. I made a start but only have £20 in there. Whenever I get spare cash I'm going to split it between debt payment and emergency fund savings.

Mummy_bear · 13 July 2017 at 4:00PM

A little update as promised documenting a recent payment

Mummy_bear wrote: »

As of 9th July 2017

Lloyds CC £1443.20
Next £415.85
MBNA CC £2471.76
Barclaycard CC £2720
Littlewoods £273.29
My overdraft £126.65
Tesco Loan £10,438.96
Santander Loan £5720.55
DH overdraft £700
TV -DH purchase £726 *
M&S Loan £8220.88*
Bicycle finance £187.5*
DH CC £1010.49
Other £600* paid off £28.11

*(not strictly accurate, will update once I have accurate figures)

Total paid since 9th July £28.11
MB

This makes it easier for me to see how things are going

Will adjust the list when the money transfer has cleared and I pay off Littlewoods and DH credit card.

MB

Mummy_bear · 13 July 2017 at 7:56PM

Mummy_bear wrote: »

As of 9th July 2017

Lloyds CC £1443.20
Next £415.85£11 paid
MBNA CC £2471.76
Barclaycard CC £2720
Littlewoods £273.29
My overdraft £126.65
Tesco Loan £10,438.96
Santander Loan £5720.55
DH overdraft £700
TV -DH purchase £726 *
M&S Loan £8220.88*
Bicycle finance £187.5*
DH CC £1010.49
Other £600*£28.11 paid

*(not strictly accurate, will update once I have accurate figures)
Total paid sInce 9th July £39.11.

MB

Checked my bank account and had £11 left before payday tomorrow. Paid that towards NEXT account. Never would've done that before my LBM :T

Mummy_bear · 14 July 2017 at 11:02AM

New balance's as of 14th July 2017

Lloyds CC £1443.20
Next £314.85 £101 paid so far in July
MBNA CC £2471.76 + £1235.88
Barclaycard CC £2720
[STRIKE]Littlewoods £0[/STRIKE] Paid off in full in July- £273.29 gone
My overdraft £112.65 £14 paid towards OD
Tesco Loan £10,438.96
Santander Loan £5720.55
DH overdraft £700
TV -DH purchase £703.90 £22.10 paid
M&S Loan £8220.88*
Bicycle finance £187.5*
[STRIKE]DH CC £0[/STRIKE]
Cleared by money transfer
Other £571.89* £28.11 paid

*(not strictly accurate, will update once I have accurate figures)

Total Debt as of July 9th - £35055.74
Total debt as of July 14th - £34842.02

Total cleared since 9th July - £213.72

Very happy with that so far. Money transfer has also been completed so I've removed DH's CC and added the money transfer amount to the MBNA CC

Cleared the balance on the Littlewoods account too

Loan payments will come out Monday and just need to wait for when CC payments are due to pay them.

Coming along nicely

MB

jelly_head · 14 July 2017 at 4:27PM

Well done Mummy Bear, you are making progress.

Savertobe · 14 July 2017 at 4:41PM

Good luck it will be worth it.

Funny how women tend to get the blame for being big spenders in my experience it is at least as common for men to be big spenders. Having got to end of bringing up children I now see why it is important to be careful as this stage - university, grandchildren, travelling overseas to visit etc costs a lot.

Mummy_bear · 17 July 2017 at 8:11AM

New balance's as of 17th July 2017

Lloyds CC £1443.20
Next £314.85
MBNA CC £3707.64
Barclaycard CC £2720
My overdraft £112.65
Tesco Loan £10,225.92£213.04 paid
Santander Loan £5565.11£155.45 paid
DH overdraft £700
TV -DH purchase £703.90
M&S Loan £8220.88*
Bicycle finance £187.5*
Other £571.89*

*(not strictly accurate, will update once I have accurate figures)

Total Debt as of July 9th - £35055.74
Total debt as of July 14th - £34842.02
Total debt as of July 17th -£34473.53

Total cleared since 9th July - £582.21

~~~~~~~~~~~~~~~~~~~~~~

Tried to do a couple of surveys last night. Screened out of most so only earned £1.25. Going to keep my tablet charged and make it a before bed ritual to get some done.

~~~~~~~~~~~~~~~~~~~~~~

Made enquiries on Saturday to book a slot for the car boot at the end of the month, the person I spoke to see,med to think it was fully booked. Gutted if it is. Need to make a phone call today. I have loads of items to sell and hate all the fees Ebay brings with it. Also Facebook selling doesn't appeal to me for some reason.

~~~~~~~~~~~~~~~~~~~~~

Becoming a tad obsessed with reading everyone's DFW diaries. .. I may not post on them often but I'm reading them A LOT. keeps me motivated. Thank you

MB

Mummy_bear · 17 July 2017 at 10:44AM

Quick update.

Another little payment made towards the Next account. £2.30.

I usually pay for parking on a Monday at £4.60. Managed to find a free parking space. I've therefore split this saving. Half to a debt and half to my emergency fund. will provide a fuller update later and update signature too.

MB

Mummy_bear · 17 July 2017 at 8:45PM

Evening,

Well all the positivity had to come to end at some point.

DH car is definitely not right. He reckons it's gonna cost in the region of £600 to fix. It needs doing ASAP. Can't not do it, he needs it for work. The alternative to get to work was his motorbike. Which was stolen about 6 weeks ago. No substantial amount in the emergency fund. So it's the dreaded CC which will have to pay. Could cry.

The insurance company for the motorbike are dragging their heels on paying out and asking all manner of irrelevant information. However that's potentially £3000 if paid out. I'm working on the assumption that won't be coming any time soon though

Had to bite my tongue with DH as had he not wasted £100s in recent weeks we'd actually have the funds to sort it out. His face today showed me that he realises this and I'm satisfied he's had his LBM

MB

Lucylocks · 17 July 2017 at 9:24PM

Nightmare! Cars are a total pain; can live with them, can't live without. Keeping everything crossed for insurance pay out on the motorbike

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