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  • FIRST POST
    • MiMi66
    • By MiMi66 6th Feb 13, 11:42 AM
    • 157Posts
    • 443Thanks
    MiMi66
    oh my life...... Light Bulb moment.
    • #1
    • 6th Feb 13, 11:42 AM
    oh my life...... Light Bulb moment. 6th Feb 13 at 11:42 AM
    Well, I am posting for the first time and starting a new thread all in one - I joined yesterday and am I so hoping that doing this will help to keep me on track with facing and resolving my debt.

    I am ashamed and embarrassed - both at the debt and at how long it has taken me to face up to being in debt and deciding to address it - I'll have to say it quickly though £21620 - to credit cards.
    God, if I can press the post this button after typing that I shall be going some.

    I oculd come up with loads of reasons about why I am in debt - all valid and real - but it doesn't take away from the reality of having to pay it back. I am a single mother with two children, I work full time in a good job, and I have spent too much, way too much.

    Oddly the children and I don't live some high flying life, no racks of clothes and shoes from designer shops or anything like that - just years of spending over my budget on food, petrol and the big one, trips away. One of these trips was due to my father dying and I needed to go overseas to deal with arrangements suddenly, and took the children - all went on the cards.

    I have tumbled recently - poor health, which gave me time to reflect (or wake up you might think), panic (still), contemplate dark things and get very depressed - and now started antidepressants. They are just starting to work and lift my mood, and I want to try and get a plan into place to deal with my awful debt and take a new attitude to it.

    I have a mortgage, and good equity (though the bank said no to me borrowing against the house last week - that added to my spiral of mood) - House is worth about £200K and my mortgage is £114K. Also turned down for a loan from Sainsburys bank, which I wanted to consolidate my debts with. Instead I am left with credit cards totalling £21600 (I owed approx £22500 in December, but managed to pay off the Christmas mad spend, but living on thin air this month.)

    So - shall I write out my debt?

    Halifax - 6830 0% til Dec
    Natwest - 2419 0% til Sept
    M&S - 5730 0% til June and another at Nov
    MBNA - 6632 5.9% for life of balance
    Nationwide - 9 (yes only 9!)

    = 21620

    Tesco - approx 423 which will be paid off on my pay day - 27/02/13

    I've rung a financial adviser who was kind but had not ideas for me as my mortgage provider and Sainsburys turned me down flat. I also spoke with National Debt Line - who were very kind and also reassured me that as I have no 'prioirty debts' my house is safe.

    I have always paid everything on time - always met minimums plus a bit more, and have never had a DMP, CCJ or any formal action against me. Mortgage is paid and essential bills all on DD's.

    My Credit rating on Experien is all Green - just lots of it. I don't really understand why I haven't been ok'd for a loan to consolidate it all - but it leaves me with having to do that credit card shuffle thing (which I have been doing for years and screwed up completely by always adding more debt to it.)

    SO my resolution is to live to a budget.
    Pay off the debt - I think it is going to take me 7 years () - I aim to pay approx £350 a month (plus that Tesco bill next month - will be another very tight one, but I can't bear the idea of not doing it).
    Keep my job and sanity and work on my mood.
    Hug my kids and get them involved in saving money.
    Find ways to live and have fun that do not cost money.

    My ex husband may be about to reduce child maintainence and also my eldest will stop getting Child Benefit soon - that plus losing the Council Tax single person rebate as my daughter hits 18 - will add up to losing about 300 per month I think. I have to somehow adjust to that change as well as keep paying off the debt.

    Does anybody know what happens with Child Benefit with two children once one leaves full time education - How much does it reduce to?

    Gosh, I fel like I have been really self indulgent writing this all out, and I guess it doesn't make for very original reading, but I am so hoping that keeping this forum diary will help me stay on track, and I would welcome any ideas from anyone.

    Wish me luck!
Page 14
    • Sazzie23
    • By Sazzie23 18th May 16, 11:41 AM
    • 2,611 Posts
    • 10,483 Thanks
    Sazzie23
    Those lunch's for son really take up the cash budget.
    Suggestions:

    Does he need a lunch everyday, or can you at least guess how many he'll need every week, plan in advance.
    What about things like the pasta packets - 3 for £1 can send him with a flask of hot water if you needed (not sure how old), or sandwiches, I make a months worth and freeze them, different fillings so I get a surprise every day.
    ( Sandwich - about 40p, bag of crisps about 25p, choc bar or cake 35p flask coffee 10p fruit about 30p = £1.50 but I can get it less by careful shopping). Even if you cant do the sandwiches, do the other stuff, you can buy sarnies in morrisons or boots for £1.


    If this doesn't work for you and DS, tell us why and we'll come up with more suggestions.
    Debt -it's a fight that I'm winning, dealing with debt one day at a time.
    Estimated DFD August 2018 - 2031 - now 2027

    Guide dog Tess, missing Scotland 2 years

    DMP support no438.
    • MiMi66
    • By MiMi66 21st May 16, 2:34 AM
    • 157 Posts
    • 443 Thanks
    MiMi66
    I shall keep steering him away from spending too much on lunches, he has cut it back a bit and I need to get more organised. Thank you for the good suggestions. I like the pasta idea but I don't think he'd go do it. 17, and it's an odd age for doing something different from the norm.
    I've done really well budget wise. Bare minimum spent this week. Fuel and cat food a pain but have managed it with transferring cash from savings. Haven't used the cc!!! And I was wrong about not having enough in my direct debit account for the bills!�� I redid the maths and it was fine.
    Must have had a funny five minutes!
    Sleep now!!! 1 week to pay day!!! Yay!!!
    MiMi66 02/09/17 NWCC: £4893/£4974; NW loan: £9871 /£10097 - 3.4%; M&S:£6302 /£6502; VIRGIN: £7025 / £7096; Halifax: £9365 /£9485; =£37456 / 38154 DFD 01/12/2021
    Mtgage1 - £75832/ £107K
    Mtgage2 - £13025/ £19K Overall M'gage £88857
    Overall Mortgage and debt - £126313/(£127451 30/08/17)
    Amount pd off £01138
    • Verbatim
    • By Verbatim 21st May 16, 8:43 AM
    • 4,486 Posts
    • 12,959 Thanks
    Verbatim
    Well done on not using the cc! That's a massive win for you. And you've obviously planned well and then forgotten you have/ not believed you could have in that you did have enough in the bills account.
    All looking good.
    CCs @0% £24k Dec 05 £19,621.41 Au £13400 S 12600 Oct £11,981 £9481 £7500 Nov £7250 D £7100 Jan 6950 F £5800 Mar£5400 May £4830 June £4660 July £4460 Aug £3200, S £900, £0 18/9/07 DFW Nerd 042
    • MiMi66
    • By MiMi66 1st Jun 16, 8:57 PM
    • 157 Posts
    • 443 Thanks
    MiMi66
    Hey hey hey!! Its pay day time - and my totals have gone down by about £600 on my debt and £400 on my mortgage (blasted interest!) Just over a £1000 all together!

    I have stayed very true to my intentions with my using CC - I have used it for travel costs for work only - had to buy flight tickets a which I will get back next month in time to pay the card. I will need to use it for fuel - but again those costs come back from work. my intention is to move towards paying in cash for fuel too from next month.

    SO am I pleased. My cc debt isn't under £33K - need to scrape together £107 to do that and I am just deliberating using money from my savings. Will wait a few days and see how the month is starting to pan out. I think I will put it on the Tesco card but I just need to double check my 0% rate expiry between that and the Halifax card. Which ever one comes first.

    Phew.

    I am trying to budget - had a little blow out in the supermarket and Boots but nothing that can't be contained.

    And I am pleased with myself for having not gone off the deep end in terms of spending to make myself feel better because I have had the most awful 10 days. I have found out I need further surgery - likely in August. another longish period off work if I go ahead with it - still deciding. And my well loved chickens have been killed by a fox - I have been so sad at this - today is my first tear free day - I loved the daft birds very much. And I've been on call with work - and it was busy busy busy over the long weekend. a recipe for overspending on my part and whilst I did get my hair cut (gosh that worked to make me feel better - first cut since before Christmas) and bought some multivitamins from Boots to try and help my moody cow syndrome, Series 5 of Game of Thrones, and bought lunch twice with work and took it three times with me. So in the scheme of things not toooooo bad.
    And I have about £1000 in emergency fund.

    And breathe......


    I hope everyone else's payday has helped them too
    MiMi66 02/09/17 NWCC: £4893/£4974; NW loan: £9871 /£10097 - 3.4%; M&S:£6302 /£6502; VIRGIN: £7025 / £7096; Halifax: £9365 /£9485; =£37456 / 38154 DFD 01/12/2021
    Mtgage1 - £75832/ £107K
    Mtgage2 - £13025/ £19K Overall M'gage £88857
    Overall Mortgage and debt - £126313/(£127451 30/08/17)
    Amount pd off £01138
    • MiMi66
    • By MiMi66 4th Jun 16, 10:04 AM
    • 157 Posts
    • 443 Thanks
    MiMi66
    Just a quick note to say that all going on ok. No mishaps or falling off financial wagon. Yay!

    And have lost a little bit of weight. Happy! Need to lose quite a lot more though. But like the finances. Debt and weight. Hmmmmmm. Wonder if there's a link, or maybe it's just me. I've gaf more spend free days in the last 2-3 weeks than I have ever had I think.

    My cat had her final surgery yesterday to remove the last of wires holding her jaw together. Poor little one. She is so so happy today!

    Grocery shopping today and taking my mum to the movies. Have a good (low expenditure) weekend everyone!
    MiMi66 02/09/17 NWCC: £4893/£4974; NW loan: £9871 /£10097 - 3.4%; M&S:£6302 /£6502; VIRGIN: £7025 / £7096; Halifax: £9365 /£9485; =£37456 / 38154 DFD 01/12/2021
    Mtgage1 - £75832/ £107K
    Mtgage2 - £13025/ £19K Overall M'gage £88857
    Overall Mortgage and debt - £126313/(£127451 30/08/17)
    Amount pd off £01138
    • Verbatim
    • By Verbatim 4th Jun 16, 5:19 PM
    • 4,486 Posts
    • 12,959 Thanks
    Verbatim
    Sorry to hear you'll need more surgery Mimi. What with that, your chickens and the cat you've had a lot to cooe with.
    Congratulations on the weight loss.
    Have you started a saving plan for Xmas yet?!
    CCs @0% £24k Dec 05 £19,621.41 Au £13400 S 12600 Oct £11,981 £9481 £7500 Nov £7250 D £7100 Jan 6950 F £5800 Mar£5400 May £4830 June £4660 July £4460 Aug £3200, S £900, £0 18/9/07 DFW Nerd 042
    • MiMi66
    • By MiMi66 4th Jun 16, 6:15 PM
    • 157 Posts
    • 443 Thanks
    MiMi66
    Hi Verbatim

    I've given a bit of thought to Christmas as it usually ends up undoing me. It will be a cash Christmas and birthday period. All of us in my family are around that time. I will start to put some money aside next month I think. In a separate bank account. I also will save Boots and Nectar points towards Christmas too.

    And cut back on what I buy again. I did last year but need to be even more firm with myself.

    I thought I might try to see my debt repayments as items in my home that I have bought. I suspect some of this will be quite shaming as to what I've thought was important to have at the time but none the less I will so this to have a sense of what I own and what is not yet paid for. Sadly I think there will be a significant amount of unaccounted for debt. Lessons in life.

    I am optimistic though that my DFD day will come and I will achieve it.

    I am having a challenging time health wise. Hence the weight loss kick as I think it I have surgery is rather be lighter than I am. And it's likely to be two ops, one this year and one maybe next year. Sigh. So I weigh 72.3kgs and want to get to 58kgs - am trying the blood sugar diet, not because I am pre-diabetic but I really don't want to be! And I am that typical carry weight around your middle shaped late 40's woman. So forgive me if I misuse my thread to talk a bit about that at times. Cutting back all around!! I think it will help me spend less to if I talk about it because I think I suffer with wanting to cheer myself up with 'stuff' syndrome.

    Things I want that don't cost money:

    My waistline back again
    A lovely summer holiday at home with the children
    A lovely man to love and love me - have been single for a very long time
    Spare time
    To finish some projects at home, garage painting, knitting winter cardigan, sewing a dress.
    To start writing again
    Success with the huge task I've got at work.

    Hmmm. Food for thought there.

    Keep content and happy in my heart.
    MiMi66 02/09/17 NWCC: £4893/£4974; NW loan: £9871 /£10097 - 3.4%; M&S:£6302 /£6502; VIRGIN: £7025 / £7096; Halifax: £9365 /£9485; =£37456 / 38154 DFD 01/12/2021
    Mtgage1 - £75832/ £107K
    Mtgage2 - £13025/ £19K Overall M'gage £88857
    Overall Mortgage and debt - £126313/(£127451 30/08/17)
    Amount pd off £01138
    • pennystretcher
    • By pennystretcher 11th Sep 16, 11:03 AM
    • 294 Posts
    • 1,314 Thanks
    pennystretcher
    Hi MiMi,

    Just stopped by to see how you are doing.

    Have you had your surgery? If so, I hope it went well and that you have recovered well after it.

    I was sorry to hear about fox getting one of your chickens

    x
    MFW September 2017 £590 (almost there!!!)
    • MiMi66
    • By MiMi66 30th Aug 17, 2:01 AM
    • 157 Posts
    • 443 Thanks
    MiMi66
    Well a long absence and evidence that no news does not mean good news....sigh.

    I have been away from the site for a year - sadly debt busting has had to take a back seat to health issues and not one but two surgeries in the last four months - I had an unexpected diagnosis of a rare condition in March which meant surgery in May to remove multiple tumours in my leg - only 10 cases a year in the UK, which meant my planned surgery for revision of surgical error in 2015 had to wait - and I had that two weeks ago in London - hospital for 5 days and it has been very grim.

    I am on the mend and hopeful of better health to come - I do need to have two yearly MRI's now and there is a significant chance of further surgery next year - but in the moment living going on here and I do feel that I can start to refocus my energy a bit - and guess what - my debt has not gone away - the ratbag!

    My mortgage has happily decreased down - thank heavens for repayment mortgages - it is £89297 now - yay! but the Bl..... Bas.... CCs have grown. Eye completely off the ball there. See irresponsible totals below.

    Ever the optimist - something about health issues made real is that perspective alters and I am in that space. I have sat with my spreadsheets and statements and pondered options and a way forward. No great wonders that it comes down to consistent payments....

    I have looked at two phone apps to help - one for daily budgeting and one for debt management - hoping that being on my phone will make those more present in the day.

    I have listed a few things for sale on Amazon....lego bits and will put the money away for Christmas budget. A few books too and more to do.

    Oh and good news is I have lost 9kgs - 1 stone 6 pounds! Very pleased at that - I'd like to lose another 9 kgs as well - so will keep going.

    Next steps in a happier life:
    Love my children wholly and excessively! Hugs and time and talking.
    Declutter and sell
    Save
    Pay debt
    Lose weight and get fitness up
    Plan a house move for 2018
    Knit, read, garden and help out where I can.

    Please note - no inclination to sort out that vacancy I have in my life - that makes my head hurt! And anyway - who would want a broke and stressed NHS worker - what a prize I am!! :-)

    I have no right to be feeling perky with my debt issues and poor habits - but funnily enough being on the right side of surgery has made me a bit more irreverent than I was before and grateful for the good - I won't ignore my issues but I will do my utmost not to get dragged down by them. There are always options. In an almost trite happening I was on Facebook earlier and stumbled across an image of a near death starving infant - I feel very sad for those children and the refugees and the people struggling against drought in Africa - I did snap to as such and realised that there is an immense difference in feeling pressured and stressed or truly having no options and no power to alter your life. I have choices and the ability to change things, and there are people who have far far more to deal with - and even then - some of those people do make it through to better circumstances.

    Options and choice are very important to dealing with all manner of things including high debt.

    Good wishes to all on their on pathway with this.
    Last edited by MiMi66; 30-08-2017 at 2:26 AM.
    MiMi66 02/09/17 NWCC: £4893/£4974; NW loan: £9871 /£10097 - 3.4%; M&S:£6302 /£6502; VIRGIN: £7025 / £7096; Halifax: £9365 /£9485; =£37456 / 38154 DFD 01/12/2021
    Mtgage1 - £75832/ £107K
    Mtgage2 - £13025/ £19K Overall M'gage £88857
    Overall Mortgage and debt - £126313/(£127451 30/08/17)
    Amount pd off £01138
    • Skinnylatte
    • By Skinnylatte 30th Aug 17, 6:33 PM
    • 1,084 Posts
    • 4,498 Thanks
    Skinnylatte
    welcome back and glad you're on the right side of surgery x
    Mortgage @ 12/04/2015 £136121 £121927 10.43% DI £9.13 £6.58
    Mortgage free day 06/03/33 06/11/32
    Emergency/Offset Account £
    0/£6000 0%
    CC Balance £6100
    £3778 Paid 38%
    1st LBM 02/06/2013 £21595 Debt Free Day 27/03/2015


    • MiMi66
    • By MiMi66 30th Aug 17, 10:05 PM
    • 157 Posts
    • 443 Thanks
    MiMi66
    welcome back and glad you're on the right side of surgery x
    Originally posted by Skinnylatte
    Thanks Skinnylatte- what a year it's been. I am ridiculously excited about making my first payments on this debt on Friday - looking to take £1100 off the balance of cc/loan/mortgage total. Also paying off in full my using credit card £1822. Will clear out my savings but it's that or add to debt pile and I can't keep doing that. So my balance will come down to around 37500 for the unsecured debt. A step in the right direction.

    Surgery is yuck. Recovery is mixed and have been very up and down. Definitely over emotional. Even driving myself crackers. 👻
    MiMi66 02/09/17 NWCC: £4893/£4974; NW loan: £9871 /£10097 - 3.4%; M&S:£6302 /£6502; VIRGIN: £7025 / £7096; Halifax: £9365 /£9485; =£37456 / 38154 DFD 01/12/2021
    Mtgage1 - £75832/ £107K
    Mtgage2 - £13025/ £19K Overall M'gage £88857
    Overall Mortgage and debt - £126313/(£127451 30/08/17)
    Amount pd off £01138
    • Narola1976
    • By Narola1976 31st Aug 17, 12:58 PM
    • 97 Posts
    • 261 Thanks
    Narola1976
    Welcome back...will subscribe to cheer you on from the sidelines
    HSBC CC £7150.15 - £6524.68 ~~~ Barclay Card £7894.74 £7846.32 ~~~ MBNA 1 £10382.67 - £10272.67 ~~~ MBNA 2 £7214.28 - £7062.94 ~~~Argos £202.05 - £100.05 ~~~ HSBC Loan £399.27 - £0 ~~~ Hitachi Loan £24.12 - £0 ~~~ Car Loan £14745.60 - £14008.32
    TOTAL £48012.88 - £45814.98 (Paid £2197.90 so far)
    • MiMi66
    • By MiMi66 2nd Sep 17, 12:40 PM
    • 157 Posts
    • 443 Thanks
    MiMi66
    Hip hop happy. Payments made (or pending Direct Debit to come out of account next week.) so pleased. Was massively tempted to shift current using cc debt to main debt but have decided to use the savings as planned to pay it off. It isn't due til the 18th so I might leave it til the 12th to pay - enjoy having the money there for a week or so longer.
    So am down to £37456. Huge figure but better than £38154!

    And mortgage paid as well. - approx £480 off that after interest paid.

    I have £300 left to cover the month for food, fuel, a lunch out to say thank you to friends for coming to get me from London after my operation and cat food. I think I can make it through on that. I have £412 left in savings and £75 tucked away that was Birthday money.

    I'm going to make sure I am fit and well to get back to wotk by the end of September. And am starting some admin and documents I need to complete while I am off. I don't want to be so disconnected going back this time. Also going to declutter and lose a bit more weight. Plotting and planning going on here.

    I don't want debt to rule my life or preoccupy my brain too much. Hard at times to strike a balance isn't it?
    MiMi66 02/09/17 NWCC: £4893/£4974; NW loan: £9871 /£10097 - 3.4%; M&S:£6302 /£6502; VIRGIN: £7025 / £7096; Halifax: £9365 /£9485; =£37456 / 38154 DFD 01/12/2021
    Mtgage1 - £75832/ £107K
    Mtgage2 - £13025/ £19K Overall M'gage £88857
    Overall Mortgage and debt - £126313/(£127451 30/08/17)
    Amount pd off £01138
    • Skinnylatte
    • By Skinnylatte 2nd Sep 17, 1:33 PM
    • 1,084 Posts
    • 4,498 Thanks
    Skinnylatte
    I don't want debt to rule my life or preoccupy my brain too much. Hard at times to strike a balance isn't it?
    Originally posted by MiMi66
    I think you hit the nail on the head, it is hard to strike a balance, and sometimes we swing one way and then the other. But I think it's important we still 'have a life' and make the most of what we do have.
    Mortgage @ 12/04/2015 £136121 £121927 10.43% DI £9.13 £6.58
    Mortgage free day 06/03/33 06/11/32
    Emergency/Offset Account £
    0/£6000 0%
    CC Balance £6100
    £3778 Paid 38%
    1st LBM 02/06/2013 £21595 Debt Free Day 27/03/2015


    • MiMi66
    • By MiMi66 8th Sep 17, 11:21 PM
    • 157 Posts
    • 443 Thanks
    MiMi66
    Ah. Feeling grim about it all tonight.
    Dark thoughts.
    My health not so good this week and recovery from the operation has been stalled by a complication. I have booked to see my consultant in London Monday but realised I can't afford the transport and hotel. Debt is crucifying me and removing my options.

    I wish something could happen to being relief and a long term fix.
    Last edited by MiMi66; 08-09-2017 at 11:39 PM.
    MiMi66 02/09/17 NWCC: £4893/£4974; NW loan: £9871 /£10097 - 3.4%; M&S:£6302 /£6502; VIRGIN: £7025 / £7096; Halifax: £9365 /£9485; =£37456 / 38154 DFD 01/12/2021
    Mtgage1 - £75832/ £107K
    Mtgage2 - £13025/ £19K Overall M'gage £88857
    Overall Mortgage and debt - £126313/(£127451 30/08/17)
    Amount pd off £01138
    • MiMi66
    • By MiMi66 9th Sep 17, 12:57 AM
    • 157 Posts
    • 443 Thanks
    MiMi66
    Hi MiMi66 here is the SOA calculator for you. If you want to post it on here then you need to format if for MSE before copying and pasting it. http://www.stoozing.com/calculator/soa.php. The reason why I am still thinking it would be worth you doing is that it gives you more categories than you have in the SOA below. However my comments are in blue on this one too.



    Good luck
    Chev
    Originally posted by chevalier
    Just looking back over good advice given to me over the past years, Chev amongst other, Soucrates too, foxgloves and others. I will redo my SOA over the weekend. It has changed from a year ago I feel very low with it all, I so don't want to be scraping by for the next 5-6 years but it seems there is no other way. Or sell the house which seems very scary.

    And I have to admit to being romantically lonely which is crazy. I have been single forever - 14 years now, I am used to it, so I am surprised to be feeling a craving for tenderness and closeness. No one in their right mind would take on a NHS worker up to her eyeballs in debt. I wish I'd chosen a better paid careeer than a nurse but it is to late to do anything about that.

    Might be nice to meet a lovely broke man who would be happy to sit in my couch and chat and walk and eat together. Free fun.... dating is an expense I can't afford. Anyway I have detailed here. Debt busting to romantic desert busting - if anyone has any ideas how a broke but attractive woman can meet a nice chap who want a simple life let me know!!! Silly aren't I.
    Last edited by MiMi66; 09-09-2017 at 1:00 AM.
    MiMi66 02/09/17 NWCC: £4893/£4974; NW loan: £9871 /£10097 - 3.4%; M&S:£6302 /£6502; VIRGIN: £7025 / £7096; Halifax: £9365 /£9485; =£37456 / 38154 DFD 01/12/2021
    Mtgage1 - £75832/ £107K
    Mtgage2 - £13025/ £19K Overall M'gage £88857
    Overall Mortgage and debt - £126313/(£127451 30/08/17)
    Amount pd off £01138
    • Narola1976
    • By Narola1976 9th Sep 17, 8:35 AM
    • 97 Posts
    • 261 Thanks
    Narola1976
    You are not silly at all! There is nothing wrong with wanting a bit of companionship - something light hearted that does not tax the purse or heart strings too much. I don't really have any ideas of how to go about finding such a person though and sometimes think these things come when you least expect or look for it.

    The debt busting journey is a hard one, and often very lonely. This is why this site is so important as we get understanding and support here. I think for you its all the harder because of your health and that is getting you down too. You are not on top form and that can impact on how you feel generally.

    Take one day at a time, one foot in front of the other. And keep coming on here.
    HSBC CC £7150.15 - £6524.68 ~~~ Barclay Card £7894.74 £7846.32 ~~~ MBNA 1 £10382.67 - £10272.67 ~~~ MBNA 2 £7214.28 - £7062.94 ~~~Argos £202.05 - £100.05 ~~~ HSBC Loan £399.27 - £0 ~~~ Hitachi Loan £24.12 - £0 ~~~ Car Loan £14745.60 - £14008.32
    TOTAL £48012.88 - £45814.98 (Paid £2197.90 so far)
    • MiMi66
    • By MiMi66 9th Sep 17, 10:16 AM
    • 157 Posts
    • 443 Thanks
    MiMi66
    Thanks Narola1976, and yes I think my health is just a massive big straw breaking the camels back. I'm just spread too thin. Companionship would just be such a sweet solace right now.

    I have had the offer of staying at an empty flat tomorrow night so that helps with costs. Seems ridiculous that I can't afford my own hotel room.

    Bus tickets will be £36 which is miles cheaper than the £173 for the train. Haven't booked yet as trying to decide on bus times. Whether to go very early and potter about London and go to free museum or gallery for the afternoon but it is a 5.45 departure!!!! Can I crowbar myself up that early? Hmmm I seem to be finding it hard to make decisions right now.

    Blue blue blue. I need something good to happen. Mind you I have been doing that whole awful thing if 'it could be worse, I could be in the Caribbean with Hurricane Irma' which is true but seems a awful way to make myself feel better in comparing myself to other peoples utter tradegy. Shameful really.
    MiMi66 02/09/17 NWCC: £4893/£4974; NW loan: £9871 /£10097 - 3.4%; M&S:£6302 /£6502; VIRGIN: £7025 / £7096; Halifax: £9365 /£9485; =£37456 / 38154 DFD 01/12/2021
    Mtgage1 - £75832/ £107K
    Mtgage2 - £13025/ £19K Overall M'gage £88857
    Overall Mortgage and debt - £126313/(£127451 30/08/17)
    Amount pd off £01138
    • Skinnylatte
    • By Skinnylatte 9th Sep 17, 2:19 PM
    • 1,084 Posts
    • 4,498 Thanks
    Skinnylatte
    Be kind to your self, every step in the general direction makes up our big journey, and it can be easy to lose sight of the progress we're making. Keep smiling and keep posting! x
    Mortgage @ 12/04/2015 £136121 £121927 10.43% DI £9.13 £6.58
    Mortgage free day 06/03/33 06/11/32
    Emergency/Offset Account £
    0/£6000 0%
    CC Balance £6100
    £3778 Paid 38%
    1st LBM 02/06/2013 £21595 Debt Free Day 27/03/2015


    • Magpie100
    • By Magpie100 10th Sep 17, 2:11 PM
    • 58 Posts
    • 122 Thanks
    Magpie100
    Hi MiMi,

    Sorry you are feeling so down - it takes time to recover from surgery and no doubt it makes any other problems seem bigger.

    Is there any reason you wouldn't consider a DMP or IVA? It feels like you really do need a formal way to try and manage this debt. I know you don't want to sell your house and I agree with you there - the mortgage is ticking down and it's one area where you seem in financial control. I'm not sure when you would need to remortgage or how much equity you have, but if you decide to stay there for definite then perhaps a DMP or IVA would be the way forward?

    I'm sure you'll resist this idea and want to struggle on, but without any significant change in your circumstances on the horizon I can't see how things will improve. As you have said, this debt is now taking away your options in the most uncomfortable way possible, and that won't change unless you change something. It worries me that the CC debt has gone up so much in a year, and suggests you still struggle to control your spending.

    I do wish you well whatever you decide. I just want you to have a break, and although I know a DMP/IVA has implications for your credit rating, I think you do need a formal line drawn so that you caan start to see this debt finally go down.

    Good luck and I hope things go better for you this week.
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