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  • FIRST POST
    • fruitloop04
    • By fruitloop04 25th Aug 17, 8:15 PM
    • 117Posts
    • 231Thanks
    fruitloop04
    Reigning it in!
    • #1
    • 25th Aug 17, 8:15 PM
    Reigning it in! 25th Aug 17 at 8:15 PM
    Someone suggested in my 'light bulb moment' post that I should write a diary on here to keep on top of my spending. After reading a few people's inspiration diary's I think it is a plan!!

    So, my debt has literally come about by my spending getting out of control. Simple. I had what I wanted, whether I could afford it or not.

    I have tried to delve in to why this has happened as I never used to be so frivolous. (I will try and keep the sob story to a minimum). My parents never had much money when we were growing up but we had a lovely childhood and never really went without. It never occurred to me when I was growing up my parents were struggling. My sister had to bail my parents out once when my parents card got declined for the food shop - that is when I started to understand.

    My parents worked hard and got us through uni, they must have had nothing for themselves to do this. At uni I never spent anything because I realised - my family never did. Shopping was not a recreation activity for us but we had some amazing times in the local countryside Then I finished uni and got a job that was minimum wage - the frugalness continued. Then I got a promotion...and then another one..I suddenly had money and in eyes I could have what ever I wanted!!

    Which leads us to my debt today (I think). I know I can get my debt under control relatively quickly. I just need to be tough with myself and say NO.

    This diary is to record what I spend and to hold myself accountable.

    If no one chips in that is fine but please do if you want to! I thrive on encouragement and also someone being honest with me. I am very much an all or nothing person but I am going to make myself commit to this
    16.08.2017 CC 1 - £2050 £1861.07 CC 2 - £1766.82 £1500 Emergency savings: £750/£6000
    Mortgage - April 2017 £153,000 £150,492
    September NSDs 4/10. Debt free by xmas: 455.75/1500
    BYOLTW: 5/10
Page 1
    • fruitloop04
    • By fruitloop04 25th Aug 17, 8:18 PM
    • 117 Posts
    • 231 Thanks
    fruitloop04
    • #2
    • 25th Aug 17, 8:18 PM
    • #2
    • 25th Aug 17, 8:18 PM
    I have already started some challenges:

    Bringing your lunch to work (done this all 5 days this week whoop!)
    Getting emergency savings of £6000 (£750 so far)
    Spending £10 for this week - Nothing spent so far!
    16.08.2017 CC 1 - £2050 £1861.07 CC 2 - £1766.82 £1500 Emergency savings: £750/£6000
    Mortgage - April 2017 £153,000 £150,492
    September NSDs 4/10. Debt free by xmas: 455.75/1500
    BYOLTW: 5/10
    • Happierdays
    • By Happierdays 25th Aug 17, 9:05 PM
    • 74 Posts
    • 153 Thanks
    Happierdays
    • #3
    • 25th Aug 17, 9:05 PM
    • #3
    • 25th Aug 17, 9:05 PM
    Great goals fruit loop! I too need to be tougher on myself - for me it's usually about the little things that all add up eg "little"extras in supermarket or a "little" charity shop bargain! Cheering you on!
    • Hiddenidenity
    • By Hiddenidenity 25th Aug 17, 9:22 PM
    • 4,772 Posts
    • 20,831 Thanks
    Hiddenidenity
    • #4
    • 25th Aug 17, 9:22 PM
    • #4
    • 25th Aug 17, 9:22 PM
    Amazing start

    Look forward to following and cheering you on from the sidelines

    Good luck x
    DFW £1313.71/£7348.71 Rent Arrears £466.28/£3381.28

    Rock bottom became the solid foundation on which I rebuilt my life.
    • fruitloop04
    • By fruitloop04 25th Aug 17, 10:12 PM
    • 117 Posts
    • 231 Thanks
    fruitloop04
    • #5
    • 25th Aug 17, 10:12 PM
    • #5
    • 25th Aug 17, 10:12 PM
    Thank you both! Here's to the start of my journey and to your journeys
    16.08.2017 CC 1 - £2050 £1861.07 CC 2 - £1766.82 £1500 Emergency savings: £750/£6000
    Mortgage - April 2017 £153,000 £150,492
    September NSDs 4/10. Debt free by xmas: 455.75/1500
    BYOLTW: 5/10
    • glass_half_full
    • By glass_half_full 25th Aug 17, 10:21 PM
    • 157 Posts
    • 393 Thanks
    glass_half_full
    • #6
    • 25th Aug 17, 10:21 PM
    • #6
    • 25th Aug 17, 10:21 PM
    Welcome and good luck, stick with it, you will get there!
    • Honeysucklelou2
    • By Honeysucklelou2 26th Aug 17, 5:11 AM
    • 385 Posts
    • 1,157 Thanks
    Honeysucklelou2
    • #7
    • 26th Aug 17, 5:11 AM
    • #7
    • 26th Aug 17, 5:11 AM
    Good start to the emergency fund...well done.
    paydbx #90 £325/£10,000.
    365 day penny challenge £37.66/£667.95
    Loan £17k - paid off in Aug 2017. Home improvement loans £3342 March 2017
    • laurag89
    • By laurag89 26th Aug 17, 9:25 AM
    • 629 Posts
    • 1,190 Thanks
    laurag89
    • #8
    • 26th Aug 17, 9:25 AM
    • #8
    • 26th Aug 17, 9:25 AM
    Good luck !

    Think my debt began in a very similarly way, we had nothing really growing up - but at the same time didn't really miss out on anything, but think this debt was me having that time of buying whatever I want to make up for it.
    It's not an excuse just the only logical reason I can think of!
    Total debt to pay: £13,467.88/ Remaining: £13,110.01 Total paid: £357.87


    Wedding dress fund: £36 / £1500
    • redofromstart
    • By redofromstart 26th Aug 17, 10:03 AM
    • 320 Posts
    • 1,392 Thanks
    redofromstart
    • #9
    • 26th Aug 17, 10:03 AM
    • #9
    • 26th Aug 17, 10:03 AM
    Good luck fruit loops!
    • fruitloop04
    • By fruitloop04 26th Aug 17, 4:31 PM
    • 117 Posts
    • 231 Thanks
    fruitloop04
    Thanks laurag89 and redofromstart I am the same laura, it is not an excuse but potentially what has triggered my over spending!

    Today I had to brave going in to town without spending any money other than getting my euros. I rarely get out of town without munching on a pastie and downing a coffee...so I had a hearty breakfast and a coffee at home before I went in to town so I didn't need to eat anything It worked! Picked up my euros and did allow myself to look around a few shops as I do need to top up the holiday wardrobe. I decided to look at what I have already got and then buy things online as I can do this through topcashback and I can focus on what I need/keep an eye on what I am spending without getting distracted by other things in the shop. I need to start looking soon though as I go away on the 4th Sept!

    I have got a 3rd credit card which is a travel card one that was recommended through MSE website. I have to clear this off the same month otherwise the interest outways the benefits of a good exchange rate. I have got some euros to tide us over so I don't worry about finding a fee-free cashpoint. I was really worried about having to pay the credit card off in one month at first but I have checked my holiday account (I have been piggy banking) and there is more in it than I thought and I forgot my OH was paying in to it as well towards the holiday so I think we can do it now ! We are away for 2 weeks and have breakfast included with the hotel and have agreed that we will have pasties for lunch at hopefully 1-2 euros each and then a reasonable priced dinner, with one or two nicer dinners to celebrate our big birthdays! The OH is onboard with cutting back now which is good because we are both spenders and I tend to foot more of the cost because I earn more.

    Spent the rest of the day tackling in the garden attempting to rescue all the plants I have bought this year from the towering weeds! Looks like all the plants have survived Going to re-do the herb garden in the weather is nice again tomorrow as it has all gone woody. Feeling good!
    16.08.2017 CC 1 - £2050 £1861.07 CC 2 - £1766.82 £1500 Emergency savings: £750/£6000
    Mortgage - April 2017 £153,000 £150,492
    September NSDs 4/10. Debt free by xmas: 455.75/1500
    BYOLTW: 5/10
    • fruitloop04
    • By fruitloop04 27th Aug 17, 11:18 AM
    • 117 Posts
    • 231 Thanks
    fruitloop04
    Haven't managed much today yet! Had breakfast and a coffee and then sat on here reading and learning! Need to do a food shop today so I am going to plan what we are going to eat until Wednesday and buy that alone. Going to try Aldi and Lidl then pick up whatever I can't get from there in Sainsbury's as I drive past that anyway on my way home. There are slim pickings in the freezer as I have been trying to run this down to defrost it.

    Looked through the bathroom cupboards last night and was horrified at what I saw...6 facial cleansers (3 unopened), 7 moisturisers (3 unopened)...and not cheap brands. These are going straight on fleabay when I get back from holiday and going straight off CC2 from whence they came! Will have a look around what else can be put on there when we get back, we (I) have accumulated quite a bit in the 3 years of living here!

    From today I am going to record what I spend (I won't whilst I am away but I am coming straight back on here afterwards to say that I have kept within the budget and paying CC3 off in one month!)

    Will try and get into the garden but not sure if that is going to happen!
    16.08.2017 CC 1 - £2050 £1861.07 CC 2 - £1766.82 £1500 Emergency savings: £750/£6000
    Mortgage - April 2017 £153,000 £150,492
    September NSDs 4/10. Debt free by xmas: 455.75/1500
    BYOLTW: 5/10
    • fruitloop04
    • By fruitloop04 27th Aug 17, 2:37 PM
    • 117 Posts
    • 231 Thanks
    fruitloop04
    I ended up doing a mixture of shopping between Lidl and Sainsbury's because I wasn't able to get everything I wanted in Lidl. Spent £17.15 in Lidl which included £1.99 on 12 bottles of water for the holiday (we are driving to europe) and £17.30 in Sainsbury's. Sainsbury's included £6.50 on loo roll (Family size pack because it was on offer!) and also £1.50 on a pack of cereal bars for the holiday that we can snack on instead of buying things at the services. I need a get a couple more packs I reckon to eat as snacks during the day. The shop should last us until Friday's evening meal - I just need to buy some green beans for Friday's meal as they don't really survive that long!

    I did a bit of comparisons in Sainsbury's as I went round (sad I know!). I bought 1 lemon from Sainsbury's at 35p but would have had to buy a pack of lemons at Lidl for over £1 so I need to bare this in mind if I am not going to use a large quantity or I need to plan meals around using it all up. I waited for Sainsbury's for the single cream as only needed 75ml for a recipe and Lidl only had a big tub. It cost more at Sainsbury's for 150ml than for a big tub at Lidl! I do hate waste though...I bought some cheese in Lidl, £2.49 for 350g but then the cheese was on offer in Sainsbury's at £2 for 350g so need to check deals out online before I shop. Annoyed that I could have saved more but putting it down to learning

    So taking out the holidays bits and the loo roll, meals and lunches have come to £24.46. Pretty pleased with this but I am aware that I have used fish out of the freezer for 2 of the meals and we are having dinner at my OH's parents on Monday so the shopping would have been more. Work in progress!

    Some positive news today - put my meter readings in for Gas and Electric and we are £34 in credit whoop! Spent the whole time in negative before now so that is good. Need to look at switching soon as the deal is coming in end (did the collective switch with MSE) so glad we don't owe them anything!
    16.08.2017 CC 1 - £2050 £1861.07 CC 2 - £1766.82 £1500 Emergency savings: £750/£6000
    Mortgage - April 2017 £153,000 £150,492
    September NSDs 4/10. Debt free by xmas: 455.75/1500
    BYOLTW: 5/10
    • wishingthemortgaheaway
    • By wishingthemortgaheaway 27th Aug 17, 3:40 PM
    • 315 Posts
    • 1,260 Thanks
    wishingthemortgaheaway
    There's an app called 'my supermarket ' iveonly just started using it and am struggling a little , but the basic idea is you plan your shopping and it tells you where is cheapest
    The 100 payment countdown (each payment = £400)
    2017
    July : £36,800 8/100
    August: £36,411.85 8/100
    Term Mortgage free date: October 2029
    Current mortgage free date: April 2025
    • laurag89
    • By laurag89 27th Aug 17, 6:40 PM
    • 629 Posts
    • 1,190 Thanks
    laurag89
    Well done fruitloop4 you are doing brilliantly!

    Amazing job on the food shops for holiday, and the clothes shopping - with looking in your wardrobe first etc!
    Total debt to pay: £13,467.88/ Remaining: £13,110.01 Total paid: £357.87


    Wedding dress fund: £36 / £1500
    • fruitloop04
    • By fruitloop04 27th Aug 17, 7:20 PM
    • 117 Posts
    • 231 Thanks
    fruitloop04
    Thank you for the tip re:mysupermarket - have downloaded and will have a play It's good you can check whilst you are in the supermarket! My OH has requested tracker bars as his snack for on holiday so will check this to see if it cheaper anywhere doesn't look like it is at the moment - just checked the app

    Thanks Laurag - It feels like a new me! I feel in control - I am already focused on overpaying on the mortgage after I have paid off the credit cards

    Just making a lasagna - I was planning on making enough for 4 portions but have some left over mince mixture so this will be an extra lunch with some cheese on it! This made me happy lol maybe that and the remaining bottle of wine that I MUST finish now it's open and it's duty to the lasagna is done
    16.08.2017 CC 1 - £2050 £1861.07 CC 2 - £1766.82 £1500 Emergency savings: £750/£6000
    Mortgage - April 2017 £153,000 £150,492
    September NSDs 4/10. Debt free by xmas: 455.75/1500
    BYOLTW: 5/10
    • laurag89
    • By laurag89 27th Aug 17, 7:28 PM
    • 629 Posts
    • 1,190 Thanks
    laurag89
    Great idea!
    Its such a nice feeling to feel like you are taking control over it!

    I feel really positive at the moment and can't wait to see this debt go.
    Agree with the mortgage idea, I know its different but it is still a debt at the end of the day. The quicker it clears the less interest that is paid.
    Total debt to pay: £13,467.88/ Remaining: £13,110.01 Total paid: £357.87


    Wedding dress fund: £36 / £1500
    • fruitloop04
    • By fruitloop04 28th Aug 17, 2:08 PM
    • 117 Posts
    • 231 Thanks
    fruitloop04
    Wanted to post on here before I walked in to town to say what I need so I don't come back with anything else!! Looking okay on the holiday clothing front so pleased to say all I need is a white top to go with a skirt, a sun hat and a light knit cardigan to throw over dresses in the evening. I am quite pleased with that!

    Hopefully will get a sun hat in the sales and a white top shouldn't be too much (I do want a nice one though that yo can't see your bra through I think the cardigan is going to be where the most money is spent but I can wear this for the winter so seeing it as an investment!

    I have deliberately left it quite late in the day to go in so I don't have loads of time to shop! It is going to be a hot walk in to town though. Will post what I buy on here after - shout at me if I buy something else!!
    16.08.2017 CC 1 - £2050 £1861.07 CC 2 - £1766.82 £1500 Emergency savings: £750/£6000
    Mortgage - April 2017 £153,000 £150,492
    September NSDs 4/10. Debt free by xmas: 455.75/1500
    BYOLTW: 5/10
    • laurag89
    • By laurag89 28th Aug 17, 2:18 PM
    • 629 Posts
    • 1,190 Thanks
    laurag89
    Good luck on your shopping trip!
    Brilliant idea to post on here beforehand!


    Total debt to pay: £13,467.88/ Remaining: £13,110.01 Total paid: £357.87


    Wedding dress fund: £36 / £1500
    • fruitloop04
    • By fruitloop04 28th Aug 17, 4:25 PM
    • 117 Posts
    • 231 Thanks
    fruitloop04
    Thanks laurag! It was quite an unsuccessful shopping only managed to buy a sun hat which was £12. Had to buy a children's one because all adult ones were too big! Decided an off white top would go better with the skirt but couldn't find one. They were all see through! Will look online, maybe order a couple and send one of them back.
    16.08.2017 CC 1 - £2050 £1861.07 CC 2 - £1766.82 £1500 Emergency savings: £750/£6000
    Mortgage - April 2017 £153,000 £150,492
    September NSDs 4/10. Debt free by xmas: 455.75/1500
    BYOLTW: 5/10
    • fruitloop04
    • By fruitloop04 29th Aug 17, 8:19 AM
    • 117 Posts
    • 231 Thanks
    fruitloop04
    Morning

    Hoping for a no spend today as I have bought several things online yesterday, but most of them will be going back. I have ordered 3 off white tops in the sale and 2 cardigans with the view that 2 of the tops will go back and 1 of the cardigans will go back (hopefully the more expensive cardigan!).

    I have made my coffee and had some toast for breakfast this morning. I am out of shakes but will buy some more when I get back from holiday depending on how much we spend whilst away! Have made lunch of a mozzarella salad and will take some nuts with that were already in the cupboard. Should be no need to spend anything today but I am going to take my purse with me just in case I need petrol - I shouldn't do but I am not sure how many miles I will do today as I am visiting loads of different sites.

    The thing I have found so strange is how quick your mindset switches out of spend mode when you become more conscious of it. I have only been doing this just over a week I think and my habits have changed considerably. I am determined to make them routines and stick to them! It feels good to not spend money!

    Little things I have started doing (only since yesterday):

    Opening the window in my car rather than having the air con on full blast.
    Opening the window in the bathroom after having a shower instead of leaving the fan to run until I go back up.
    Opening the curtains first thing in the morning rather than keeping them all closed with the lights on until I am ready for the day.

    Will add to these
    16.08.2017 CC 1 - £2050 £1861.07 CC 2 - £1766.82 £1500 Emergency savings: £750/£6000
    Mortgage - April 2017 £153,000 £150,492
    September NSDs 4/10. Debt free by xmas: 455.75/1500
    BYOLTW: 5/10
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