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    • slm6002
    • By slm6002 6th Jun 11, 10:48 AM
    • 1,773Posts
    • 4,804Thanks
    SAHM paying off debts slowly
    • #1
    • 6th Jun 11, 10:48 AM
    SAHM paying off debts slowly 6th Jun 11 at 10:48 AM
    Hello there. I have been feeling very down lately with money issues so thought i would start a new diary and hopefully get some very needed support from you lovely people.

    I am 34, married with 3 children. We have a fair amount of debt which we are just about keeping on top of, but only by budgeting very carefully. It just seems that we can never think about doing or buying anything without either budgeting years for it or going bankrupt in the process! I hate having debt but with only 1 income (as i stay at home with the children) it is very difficult to make any kind of dent in the debts.

    I have checked all benefits that i am entitled to and am using the envelope technique for budgeting. OH is hopeless with money and will spend it if he has it so i try to make sure i get his share of things before he has chance to spend it. I have given my credit cards to a very trustworthy friend to take care of, who will only give them to me in an emergency. By doing this hopefully my balances will only go down!

    Anyway hopefully there are some of you out there that might join me in my long long challenge of clearing debt.
    Me,OH, DD 12, DS 10, DD 7
    DFW Nerd 1103
Page 31
    • slm6002
    • By slm6002 28th Jun 17, 1:02 PM
    • 1,773 Posts
    • 4,804 Thanks
    Well the weather has changed a lot since last weeks scorching sports days. Tax credits have been renewed and I think I am now on a constant amount rather than it changing each week. That should help with the budgeting.

    No sign of the donation of uniform yet - will give it a little while before u get up the nerve to ask again - seems a but rude to keep pestering her.

    Having an issue with ants in the kitchen at the moment so we are trying to keep everything clear and clean. Just when I think we have got rid of them all another few turn up!

    I feel really tired again - think I am just doing too much and a lot of activities are having end of season/term events that require me to do things. Nearly summer holidays so perhaps not scheduled time for getting up will help a little.

    Right off to lidl for a few bits
    Me,OH, DD 12, DS 10, DD 7
    DFW Nerd 1103
    • slm6002
    • By slm6002 12th Jul 17, 11:00 PM
    • 1,773 Posts
    • 4,804 Thanks
    Been really busy again - still got plenty of end of term bits left to do before the holidays. Son came home after residential trip and lots of hugs have been had (he is my very cuddly, not wanting to leave home boy so missed us all lots). Also had eldest visit her high school for 2 days - she loves it as she is in the same class as her long term boyfriend. She also knows most of the class from clubs or previous/current schools. We have succumbed and purchased a cheap mobile phone for her after the trip to school. I found it very odd that when the teacher was talking about phones they said no phones on in class unless they were told to use them for their lesson. What if I hadn't have bought her one - I guess she would share with someone, but didn't know they presume all kids have one. Anyway as she is walking I wanted to be able to keep in touch with her. It is capped so once minutes, texts and data has gone, its gone for the month.

    I had an interview at the local school yesterday. They said they would let us know by the end of the day or early this morning. So far I have heard nothing so guessing I haven't got it this time. There will be others but this one would have fitted around my kids very well. Never mind - more time to sort the house out.

    Found a few more bits to do in the holidays for free and car is going in to be sorted tomorrow (at a real garage so properly mended) so hopefully

    ok off to bed
    Me,OH, DD 12, DS 10, DD 7
    DFW Nerd 1103
    • armchairexpert
    • By armchairexpert 16th Jul 17, 6:32 AM
    • 750 Posts
    • 4,910 Thanks
    Hi slm, I just found your diary and read through the lot! I second everyone saying you do very well on what seems like a slim housekeeping allowance.

    You said you used to be an accountant: could you do something like book keeping from home? That way you're not advising people on taxation issues, you're just doing the admin side for people? So they give you all their receipts and things and you turn it into spreadsheets? I am sure this is an actual job.

    Although why not do a refresher course and get your confidence back? It seems crazy to me that with such a high level of education and a specialist skill like accountancy, you're stuffing boxes full of cards and picking up Avon catalogues. Surely you could earn so much more than your OH?
    MFW diary here. 1 Feb 2017 $229,371 - MFD Feb 2043 aiming for May 2028
    14 August 2017 - Refinanced: $220,000
    December 2017 - $214,653.00 Current MFD 31 July 2035
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