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  • FIRST POST
    • Alice in Poorland
    • By Alice in Poorland 6th Nov 11, 7:50 PM
    • 2,133Posts
    • 7,680Thanks
    Alice in Poorland
    We are about to pull the purse strings soooo tight!
    • #1
    • 6th Nov 11, 7:50 PM
    We are about to pull the purse strings soooo tight! 6th Nov 11 at 7:50 PM
    Hi All,

    Like a lot of people on here I have been lurking on this site as a watcher for a number of years and during this time I have also watched our finances spiral out of control. Today I have had my LBM and oh boy could I cry.

    I have just done our SOA (which I will post once I've got all the info present and correct). Without the morgage I think we owe approx 30K, we've run out of money this week and have still got to pay out £350 before Thursday (all direct debits), this shortfall has been caused by my OH changing to weekly pay and all the bills come out in the first week on the month (well partly, the other reason is just that we owe so much). Will ask the bank tomorrow for an extension to the overdraft.......I can hear the 'I don't think so' all ready.

    Everthing is such a mess, our finances have spiralled out of control, I'm such a mess (could do with a complete makeover and dramatic weight loss), I can't keep up with the housework, the garden, the kids, Oh and I work full time too.

    I am truly hoping that we can get back on the straight and narrow and sort out our money problems. Then I will hopefully feel that everything else that needs sorting easier to tackle.

    Apologies for rambling on, I'm just feeling very alone and like a complete failure at the moment.
Page 155
    • Eager_Elephant
    • By Eager_Elephant 14th Mar 17, 6:16 PM
    • 3,769 Posts
    • 19,380 Thanks
    Eager_Elephant
    Its so easy to spend money isn't it - when you spend so long scrimping the need to treat yourself is always there.

    When you left SC what was the plan for debt repayment? I know you were going to reduce BC but did all the other debts stay the same?
    If you have £475 available for debts and are only paying debts £400 you need to find a home for £75 unless of course its needed to balance the budget/pay for DS' flights etc
    Ninja Saving Turtle No. 11 for March
    NSD - 9/15
    (up to 21/3/17)
    My Diary is here - http://forums.moneysavingexpert.com/showthread.php?t=2175629 (Eager Elephants Effective Everyday Excursion)
    • Alice in Poorland
    • By Alice in Poorland 18th Mar 17, 3:50 PM
    • 2,133 Posts
    • 7,680 Thanks
    Alice in Poorland
    Its so easy to spend money isn't it - when you spend so long scrimping the need to treat yourself is always there.

    When you left SC what was the plan for debt repayment? I know you were going to reduce BC but did all the other debts stay the same?
    If you have £475 available for debts and are only paying debts £400 you need to find a home for £75 unless of course its needed to balance the budget/pay for DS' flights etc
    Originally posted by Eager_Elephant
    Hi EE, all the other debts apart from BC and one other have stayed the same. We are currently paying £250 back for flights and other fees that were paid. We're also sending DS £300 per month for living expenses, foods, books etc. So we haven't got that £475 available any more.

    I need to get stricter with the spends!!

    Xx
    DMP with CCCS started Jan'12 - £34,906 Jan'13 - £31,893 Jan'14 - £26,836 Jan'15 - £21,894 Jan'16 - £16,839 Jan'17 £14,415
    Jan 17- Bcard 1 £1126,Bcard 2 £4823,Bcard loan £800, C@ptl £2630 ,Ybank £3651,Virgin/MBNA £799 YB1 £203, S@ntader £811
    DFD - Jan 2027 Nov 2018 Jan 2019 - DFD not sure at the minute!
    • Alice in Poorland
    • By Alice in Poorland 18th Mar 17, 4:17 PM
    • 2,133 Posts
    • 7,680 Thanks
    Alice in Poorland
    Thursday night I went food shopping, spent £70 between @ldi and cheapy shop. Got petrol £25 and £20 (2 cars). Also kids had 'golden arches' as a treat. Last weeks childcare was £50, and I took £20 cash out for lottery etc. So by the time you add DSs money and money towards flights repayment that nearly all of OHs wages gone.

    This afternoon OH and DS have gone to a footie match. Tickets were free but we'll pay towards petrol and refreshments......that's the last of the £20.

    This week I've pegged out for 3 days , only had the heating on for one night. Have had it on this afternoon as well for a few hours, DS3 had a friend in to play and he was cold.

    Upto 6 NSDs.

    I still need to -
    Work out DFD
    Get windscreen sorted
    Build up emergency fund/savings pot
    Have a closer look at budget......and stop trying to wing it.

    Xx
    DMP with CCCS started Jan'12 - £34,906 Jan'13 - £31,893 Jan'14 - £26,836 Jan'15 - £21,894 Jan'16 - £16,839 Jan'17 £14,415
    Jan 17- Bcard 1 £1126,Bcard 2 £4823,Bcard loan £800, C@ptl £2630 ,Ybank £3651,Virgin/MBNA £799 YB1 £203, S@ntader £811
    DFD - Jan 2027 Nov 2018 Jan 2019 - DFD not sure at the minute!
    • Alice in Poorland
    • By Alice in Poorland 19th Mar 17, 3:52 PM
    • 2,133 Posts
    • 7,680 Thanks
    Alice in Poorland
    2 loads pegged out and dried today.

    Have done meter readings. Bit concerned as we are £77 debit. Which means we have used £45 ish over the last 2 weeks. We've hardly had the heating on so not sure why it much higher than normal.

    Spends today - new outside light fitting and bulbs. Small spend in @ldi of £9.

    Have taken more cash out as I need to put towards a birthday collection at work and DSs bus ticket money.

    Hoping for a good week with limited spends.

    Xx
    DMP with CCCS started Jan'12 - £34,906 Jan'13 - £31,893 Jan'14 - £26,836 Jan'15 - £21,894 Jan'16 - £16,839 Jan'17 £14,415
    Jan 17- Bcard 1 £1126,Bcard 2 £4823,Bcard loan £800, C@ptl £2630 ,Ybank £3651,Virgin/MBNA £799 YB1 £203, S@ntader £811
    DFD - Jan 2027 Nov 2018 Jan 2019 - DFD not sure at the minute!
    • Alice in Poorland
    • By Alice in Poorland 20th Mar 17, 7:43 PM
    • 2,133 Posts
    • 7,680 Thanks
    Alice in Poorland
    Didn't go to exercise class tonight so saved that money. Will pay towards work bday collection tomorrow.

    Came home and had a quick flick round with the vac, sorted all the washing out and put away (didn't do the ironing), cleaned down the kitchen and sorted some paperwork out. Feeling more organised now.

    Had an update on Bcard loan, it currently stands at £678. Took this out about 10years ago. I'm sure it was for nearly £10k. I'd taken extended maternity leave and we were struggling financially. So instead of sitting down and working out a budget and cutting back wherever we could....we took out a loan. I think this is where it all started to go wrong. Never again.

    Live and learn as they say.

    Xx
    DMP with CCCS started Jan'12 - £34,906 Jan'13 - £31,893 Jan'14 - £26,836 Jan'15 - £21,894 Jan'16 - £16,839 Jan'17 £14,415
    Jan 17- Bcard 1 £1126,Bcard 2 £4823,Bcard loan £800, C@ptl £2630 ,Ybank £3651,Virgin/MBNA £799 YB1 £203, S@ntader £811
    DFD - Jan 2027 Nov 2018 Jan 2019 - DFD not sure at the minute!
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