Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    NinjaSavingKat
    Ultimate Challenge. 457 days / 16600!!!
    • #1
    • 29th Sep 12, 10:52 PM
    Ultimate Challenge. 457 days / 16600!!! 29th Sep 12 at 10:52 PM
    So, dear fellow DFW's I want to join the ranks!..and apologise about how long this is!!

    I have researched, read and re-read so many incredibly encouraging threads, got myself excited over challenging myself and thought it was now time to make this REAL and make it public!!

    I WANT TO BUY MY OWN HOUSE!!! I cannot do this when a considerable amount of my earnings will go to debts... so this is the plan...

    From the 1st October I have precisely 457 days until the end of 2013. I personally refuse to enter 2014 ( by all means possible ) with any debt. This means working harder and longer, reducing out-goings to meagre proportions and selling everything I can afford to.

    So this is the break down - rounded up to the nearest 100 for absolute ease as I checked these amounts a month ago and have since paid towards them!! ....

    350 - Overdraft. This is being paid back in another 3 payments of 80 and will be gone by 01st January! REPAID!!! Reached 1000 since first posting but the ENTIRE amount was still paid on time!!!

    350 - Ex-Boyfriend. For motorbike gear. 2 more payments of 175. Refuse to start the New Year owing him anything ( despite him being very lovely and very understanding and not demanding at all ).. REPAID!!!

    1000 - Credit Card.Will be maxed shortly due to motorbike insurance.. will be selling stuff to cover this but for now the credit card has to take the brunt. (600 available at the moment ). Will be cleared by 31st December if it kills me and I live on beans! REPAID!!!


    2500 - Student Loan. Money paid @ 150 per month minimum and will be complete by at least October 2013 due to the amount of overtime at work I intend to get my dirty mitts on...
    REPAID!!!

    3200 - Nationwide Loan. This was for the Motorbike ( needed for commuting to work ). I am paying 133 per month, never missed a payment but have set up a standing order that I can transfer however much more I can afford each month in order to reduce the amount. I want this gone by 30th June. This means an extra 317 a month. Once the first three are repaid the surplus funds will be channelled into this loan! REPAID!!!

    9300. Northern Bank. This is for a piece of land bought back home!....297 monthly. I pay half / my parents pay the other half. But the loan is in my name. I want to take responsibility for the whole thing. REPAID!!!

    The Nationwide and Northern loans reduced in interest the more I pay off. Not sure if this is the same with all but it helps knowing that I can get rid of it all that much faster....

    So there you go 16600. Works out at 37 a day. Which will make me think before I buy that bottle of water or choccie bar I really don't need ( although vintage clothing store are more of a temptation )..

    So... no clothes shopping for 15 months, I will beg, borrow and swap if I want something new. I have asked for vouchers for Christmas..I buy food from Approved Food, reduced vegetables in Tescos, earn points in every store possible, and am selling all my books, and unwanted items... I am making hampers for close friends only and one hamper to send home to Ireland for 4 people ( max 40 ) for Christmas.. I get deals on line where I can, promotions, vouchers, coupons ...everything!!

    Petrol hits 200.. I make 1700, my outgoings are around 1300 ( including food ) when I pay each loan its minimum repayment... this is manageable. But to get rid as fast as I want I need to be earning another 700 a month. This is where the overtime at work comes in.. I need to work three extra Sundays a month...

    I have no family over here to move in with, no one to fall back on but me.. I am renting a room where all bills are included and share my life with a tabby called Dorothy. I don't drink, smoke or right now go out.....It will be worth it in the end I believe that for sure. This money saving / money making malarky is thrilling..

    So there you go folks... Onwards and upwards...


    This Forum Tip was included in MoneySavingExpert's weekly email

    Don't miss out on new deals, loopholes, and vouchers

    Last edited by NinjaSavingKat; 29-11-2013 at 5:01 PM.
Page 3
  • Mockingjay
    The service charge is enforceable if you are told about it prior to ordering and it should be printed on the menu. Although I've refused to pay it before and kicked up a (loud) fuss so they didn't want to keep the argument going on & let it go!
    CC1 - 8746 2801 71%
    LBM September 2012 - Current DFD Oct 14
  • Siouxsie32
    Hi NSK

    I just found your diary and it's very interesting! I'm gonna subscribe and join you - I have more debt than you and plan on having it gone by the end of 2014. I have just written a plan on what I'm going to do in 2013 so I'll post it on here later and we can compare notes I just splashed out on new sofa (a bit more than your PJs but I had the same intention - I ain't going anywhere for a while so I may as well have somewhere decent to spend my time. It was a bargain and probably my first spend in about 6 months, and I have paid it off with ebay funds so it's not all bad!)

    Glad you had a fab time in London. Well done for not being seduced by the glitzy shops in London (and where did you find a hot bikini wax for 20? My Central London waxer used to charge 49 so I had to give her up and haven't found anyone decent since)

    I'm having a clearing out/cleaning up night tonight - took a lovely homemade Quorn chilli from the freezer for dinner and I'll try and list a few things on ebay later.

    I think I'm gonna like it here
    450 Day Debt Slaying Challenge:
    9107.25 0 (60 days early)
    New Challenge for 2014:
    20,136.47 15989.65 (More than twice as much in less time )
  • NinjaSavingKat
    HA HA! Mockingjay thats so good of you! You have balls. I do not. Relented and paid it! I am going to read a menu better next time..

    Welcome SS. Nice to have you along for the ride. Can you believe I was checking out MSE whilst out in London - actually left Primark to check in!

    There is NOTHING better then the feeling of new pyjamas. Especially as I got a little hoody to wear too so I am SUPER snug. This MSE thing is a great excuse cause I would rather be here snuggling with my tabby than out!..

    SS I like how you have to justify purchases to the MSE crowd. It needs to be done. Keeps you on track - however a new sofa is sometimes a must and I am super impressed that eBay purchases paid for it!!!. And you have clearly been a good girl. I wanna know what colour it is though.....

    My waxer lady is at DimplesBeauty in Vauxhall - it was only an extended though. I think a brazilian would be 32.. the girl was Russian - superb!

    I have plans for eBay as well.. I am just desperate to get it all on a no insertion weekend but you can never predict when they arrive.. ah well. Will take more pictures of stuff and wait a week maybe...

    Okay I need to check bank accounts...

    On the road of life..
  • NinjaSavingKat
    Oh and I am back on NSD for the week... as much as I can. Off to Ireland on Thursday and have my train ticket booked online ( points made through Boots Treat Street ).. so will carry all my food with me, bring my kindle so no magazines at the airport and blinkers on in duty free... 4 NSD in a row last week... HARD!! Aiming for 5 this time...ahem..

    On the road of life..
  • Mockingjay
    HA HA! Mockingjay thats so good of you! You have balls. I do not. Relented and paid it! I am going to read a menu better next time..
    Originally posted by NinjaSavingKat
    I might have been a wee bit drunk at the time...
    CC1 - 8746 2801 71%
    LBM September 2012 - Current DFD Oct 14
  • NinjaSavingKat
    I might have been a wee bit drunk at the time...
    Originally posted by Mockingjay
    Mwah ha ha ha haaaaaaaaaaaa! I was SO sober and therefore a chicken!...

    On the road of life..
  • NinjaSavingKat
    ****Misdirected wisdom time*****...a friend today told me she was given 35,000 from her dead Granny's estate... she is in considerable debt and at one point had had her mobile phone cut off for months... she told me the money is in a high interest account but when I told her to pay off her debts first she told me she "didn't want to waste it"...

    Yes dear folks - this MSE business is a mental change for sure. There is no way I can get through to someone who is this stupid, nor do I wish to waste my breath as she is adamant she can just continue as she is.. ( despite the fact it might be just taken anyway if she is declared bankrupt )..

    When I shared my plans she was not interested but had enough breath to tell me that "you'll never be able to afford a house where you are"... Always love a positive note..

    So this makes me even more determined to do this on my own. My debts are not frivolous.. ( a piece of land and a motorbike I commute on everyday ).. but I am not going to want to pay a mortgage down the line AND pay back a loan.

    I pay managable amounts - but I don't want to owe money anywhere!!

    So .. I am going to try and put money aside to cover possible bike issues.. should be fun!!

    Plans for the week ( stolen from Mockingjay )..
    • Photograph Vintage Dress for eBay.
    • Upload items onto eBay despite lack of "free insertion fee" promotion (grrr!)
    • Bring lunch to work every day again..
    • Trasnfer money to credit card from FatBrain / eBay / BT Cheque / Found on Floor...etc..
    • Post two boxes of books to Amazon..
    • Find another comapny to take my "ISBN not recognised" books...lol!
    • Think of 5 other items for eBay.

    That should do it... oh and get some Toluna surveys done and enter some competitions...

    On the road of life..
  • Happytogetdebtfree
    Just read all your diary, well done for been so positive about the clearing your negative wealth. Super well done for coming under budget on the recent spa weekend every little helps . I need to refocus myself and get back into minimal spends and no spend days..... anyway i will keep an eye on how your doing, good luck in your quest
    I AM A MONEY MAGNET, THEY ARE MAKING MORE MONEY FOR ME AS WE SPEAKMIKES MOB, DFW NERD 1071, DFW LHS 132!MIRACLES HAPPEN I'VE SEEN IT WITH MY OWN EYES. LBM 0877240.69 Current outstanding total 38458.99 Paid so far = 38781.70
  • NinjaSavingKat
    Hello Happy - welcome on board. Thank you for your well wishes.. How much have you got to go or are you actually debt free now ( jealous much ).. I must admit things go to plan a lot better when I plan ahead..
    Nice to hear from you though!!.. x

    On the road of life..
  • Happytogetdebtfree
    Free of negative wealth i wish muhahah im still paying mine off when i started in 2008 was at 77k its now 38 so nearly 40 k paid off i keep battling on its a joint debt by the way lol your dfd will be soon here
    I AM A MONEY MAGNET, THEY ARE MAKING MORE MONEY FOR ME AS WE SPEAKMIKES MOB, DFW NERD 1071, DFW LHS 132!MIRACLES HAPPEN I'VE SEEN IT WITH MY OWN EYES. LBM 0877240.69 Current outstanding total 38458.99 Paid so far = 38781.70
  • NinjaSavingKat
    Wowee that's super progress. Well done you!! Yes I see the light at the end of the tunnel but its going to be a LOOONG year! I just need to ensure this positivity stays so strong.. MSE helps..;-)

    On the road of life..
  • Happytogetdebtfree
    True mse is very motivating and keeps us focused. I've already got ANC budgeted for Xmas so I'm proud of that lol. 2 more loans will be paid off this year and then next year will be servicing the cards and overdraft then we will be left with 19k secure loan so I will save for that and clear it off hopefully in the meantime accumulate some savings x
    I AM A MONEY MAGNET, THEY ARE MAKING MORE MONEY FOR ME AS WE SPEAKMIKES MOB, DFW NERD 1071, DFW LHS 132!MIRACLES HAPPEN I'VE SEEN IT WITH MY OWN EYES. LBM 0877240.69 Current outstanding total 38458.99 Paid so far = 38781.70
  • Siouxsie32
    Well NSK, you inspired me to go and write my 2013 plan and I decided upon the following:

    My debt today stands at 32,192.09

    Just over a year ago it was 43k-ish

    I joined the 5/10/20 a day challenge at the tail end of last year and stuck with 20 a day - so far I've beaten my target

    However, a lot of it seems to get swallowed up a bit by general living that I don't have money for from my salary (like needing to replace my shower, or go to a friend's wedding, visit my parents etc). I need to find a way to reduce my outgoings so that all the extra money I make can go straight to the debt-busting project!

    So, it'll soon be time for a change of signature - 9000 in 450 days

    Hopefully (and it'll take a huge push but I've learned that aiming high gives you a little bit of wriggle room) I can get today's debt below 30k by the end of this year, and get it below 20k by the end of 2014 (when you'll be debt free )!

    So, I'll be joining you on the NSD challenge (had to spend 10p on a banana after yoga this morning - boo!!), much ebaying and having lots of nights in (PJs and comfy sofa required )

    Keep up the good work people and let's inspire each other
    450 Day Debt Slaying Challenge:
    9107.25 0 (60 days early)
    New Challenge for 2014:
    20,136.47 15989.65 (More than twice as much in less time )
  • NinjaSavingKat
    SS that's a massive reduction you made! Superb effort! Explain the 5 / 10 / 20 challenge though? I have joined the "make 5 a day in October" challenge...

    Your 2013 challenge is GREAT. I broke mine down into days and am seriously reconsidering any Christmas gifts.. this year I decided to do them on a budget and make them fun - priors years I have done none at all.. logic missing perhaps?..

    Yoga banana prevents you falling over from exhaustion, whacking your head on something and having to take a day off work - 10p well spent.... however I know what you mean. I am a little gutted by spending money over this weekend. I could have done without it really as I have to get a new tax disk by 31st October..( 75 ).. I know I can make it back though am just super ruthless... is it weird that money saving / scrimping makes me a little happier than being out...

    However... I am plotting and scheming what I could do whilst in Ireland for 6 days... I am going to get everything on eBay on the morning I leave for a 10 day stretch giving me leeway upon my return..I will be speaking to my bank ( which is back home ) about the loan and clarifying a few bits and pieces.. and fun times will be spent at the beach freezing our bits off in the sea...simple pleasures!

    Happy - what is ANC? I am a bit new so possible a bit slow on abbreviations..... would it not be better to channel all monies into the 19k loan than save...however I know loans all work differently and frozen interest works wonders too.... although I need to get a 500 emergency fund available in case something happens to the bike...

    Yes ladies and gents.. onwards and upwards... in pj's with my cat infront of free-view ( CAUSE ITS ALL FREE )....

    On the road of life..
  • NinjaSavingKat
    Just transferred 60 to my CC as "un-used funds" from the weekend... got 130 stashed to enjoy a 30th birthday party in a week or two. All I really need to pay for is food so tempted to send another 50 to my CC...? Petrol is accounted for already... I think I just might do that now..

    So that's another 111 on the CC which now stands at 300 outstanding - this is what my eBay selling is all about.. I need to fill up this CC by the end of the month, smash my "Make 5 a day challenge" and then ***through gritted teeth*** pile on my motorbike insurance which will be about 570... which saves me 150 through monthly payments.. but I might re-think my CC usage. I hate having it though and want rid.. so the prospect of getting another for ANY reason fills me with dread..

    MSE states the lowest balance transfer CC, with NO FEE is available with my bank in Northern Ireland ( the Northern Bank funny enough ) so I shall have a chat with the woman who has known me since I opened my account to see what they can do... this is why I have never left them..especially as there is no interest on new purchases for 5 months.. I can pay it in full in December but need it in November... hmmmmm something to research further I think...

    These are all options whereby the CC will be cut up ( won't be telling them that ).. but they always have super offers available for me...YEAH!!

    Fingers crossed...

    On the road of life..
  • Happytogetdebtfree
    Morning hehe anc ?? hmmm i think thats apples way of sorting my spelling so i assume it means presents lol .... the 19k loan is secured and only allows overpayments of 1k a year or full amount so i figured maybe saving to pay it off or overpay the mortgage so that we will have enough equity to pay it should we sell or if we dont sell it i just dont know but thats a way off at the moment the percent is 4% so its not really an urgent matter although i wish it wasnt so much as it feels like a mammouth task for one amount. ah how i wish i hadnt been so damn stooopid !!
    I AM A MONEY MAGNET, THEY ARE MAKING MORE MONEY FOR ME AS WE SPEAKMIKES MOB, DFW NERD 1071, DFW LHS 132!MIRACLES HAPPEN I'VE SEEN IT WITH MY OWN EYES. LBM 0877240.69 Current outstanding total 38458.99 Paid so far = 38781.70
  • NinjaSavingKat
    Hello Happy - ah ha.. I see what you mean about saving. I thought there might have been a catch but wasn't sure. The larger loan I got for a piece of land I need to check on as well.... I got written into the contract that I am allowed to pay back a larger amount each month should I wish too however I am not sure they will allow extra payments per month when I feel like it OR I have to up the minimal payment each month and leave it there...

    I didn't want to do this just in case I don't get the overtime I need and can't afford it.. as it stands I will have 98 to my name minus all the additions.. so I need to make an extra 200 each month to live - minimum...

    I will be checking with my bank when I got home... fingers crossed...

    On the road of life..
  • Happytogetdebtfree
    Yes fingers crossed i need to have a proper sit down and organise finances and make a realistic budget etc as id soon like to be startinga family but dont want to be on the edge when i dont need to be so i need to utilise my money better, easier said that done, i like to read mse god how i wish i had been sensible when i got the home owner loan and come on here for advice instead of thinking inside a bubble .... gosh it wasnt until igot refused credit i actually sat down and worked out what we owed and i spent all night crying ... but here i am now :P
    I AM A MONEY MAGNET, THEY ARE MAKING MORE MONEY FOR ME AS WE SPEAKMIKES MOB, DFW NERD 1071, DFW LHS 132!MIRACLES HAPPEN I'VE SEEN IT WITH MY OWN EYES. LBM 0877240.69 Current outstanding total 38458.99 Paid so far = 38781.70
  • NinjaSavingKat
    Oh Happy bless your cottons... - you are out the other side and on the way up. Little people will follow but I can see why you would want to get on your feet so to speak prior to this.. I am scared by the whole mortgage thing but want rid of EVERYTHING owed elsewhere prior to even thinking about this just in case... it will probably take a few years after 2013 before I get any sort of normal deposit together.. as for little folk I would need a man first...ha ha ha ha haaaaaa!

    On the road of life..
  • Happytogetdebtfree
    Im happy at how far i have come but i still see a long way to go and it becomes harder to clear things off doesnt it. Im trying to clear the things that have the biggest inpact on outgoings so 1) 2 loans to be paid off before end of 2012 335.12 saved, then the next is a credit card low intrest but 2k paid off saves 100 pm, and then you start hitting cards that are 4k to pay before saving 100 and thats when ifeel all disheartened i dispise putting big amounts into the black hole so i save it first and then pay it off the balance in view to close it but its not always easy to save, with unexpected spends or the tiny monster that justifys a spend lol :O
    I AM A MONEY MAGNET, THEY ARE MAKING MORE MONEY FOR ME AS WE SPEAKMIKES MOB, DFW NERD 1071, DFW LHS 132!MIRACLES HAPPEN I'VE SEEN IT WITH MY OWN EYES. LBM 0877240.69 Current outstanding total 38458.99 Paid so far = 38781.70
Welcome to our new Forum!

Our aim's to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

2,053Posts Today

6,813Users online

Martin's Twitter