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  • FIRST POST
    • Orange Ena
    • By Orange Ena 23rd Mar 13, 10:32 PM
    • 1,238Posts
    • 3,265Thanks
    Orange Ena
    Batten down the hatches.....
    • #1
    • 23rd Mar 13, 10:32 PM
    Batten down the hatches..... 23rd Mar 13 at 10:32 PM
    Hello, I'm new! I've been lurking for a while but its time for me join in all the fun!!

    In July 2012, I realised how much money I wasted. Not only frivolous things, but on household bills. Why pay more when I can get the same service for less?!

    Since that point I have made quite a few changes, cut back on all the "painless" things I can and tried to keep my spending under control. I know I could do a lot better so in my attempt to do that, I thought I would start a diary to track progress, have a ramble and feel motivated to finally become debt free.

    Last July, when I totalled up all my debts, it was around £5300 but then I thought it would be a good idea to add my holiday to my credit card Maybe my lightbulb had only flickered

    As of today, my debts are as follows:

    Overdraft - £1050 (mostly live in this)
    JD Williams - £260.66
    Nationwide credit card - £457.08
    Mint credit card - £3417.88
    TOTAL - £5185.62

    So I'm a bit better off than I was in July 2012

    I have got a plan and rightly or wrongly the order I've typed it in is it! I've £250 in an ISA and in March and April, I am aiming to save £800 and then pay off the overdraft in one fell swoop. I've tried the old spending a bit less and when I went on holiday in November, I did get it down to £450 but then since I've been back I've got distracted with clearing other debts its gone back up. I read somewhere that if I get the bank to reduce my overdraft, they would credit check me and I really could do without that (that's another story!). I don't think I've ever lived in credit. I've had a overdraft since I was at university and I've been happily unhappily living in it ever since. I'm 36 this year and if my plan works, I'll be living in the black by my birthday . Of course my other debts will still be there........

    The big Mint card is the last thing to tackle as most of it is on a 0% until September. When I've cleared the other smaller debts, I'm hoping to get a longer term 0% credit card and balance transfer it.

    My next job is to collate all the bits of paper where I have kept track of what I've saved by cancelling direct debits, and reducing bills by shopping around. I'm pretty sure its around £150 a month but it will be nice to see it written on here. I also want to collate all my other income streams such as cashback, surveys, tesco and nectar points and my nutella jar of change.

    Right, best get on. Lots to do...
    Last edited by Orange Ena; 12-08-2015 at 7:24 PM.
Page 45
    • beanielou
    • By beanielou 7th Oct 17, 1:18 PM
    • 47,671 Posts
    • 172,837 Thanks
    beanielou
    Boo to the fall.
    Hope you are now on the mend.
    Great news on the move.
    It is starting to all come together now.
    So chuffed for you.
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 2 lbs **

    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    It starts with you, it starts from now. *** It is ok to be me.*** ***Keep plodding***
    • GoingToDoIt
    • By GoingToDoIt 8th Oct 17, 9:43 AM
    • 445 Posts
    • 3,110 Thanks
    GoingToDoIt
    congratulations!!!!
    Apr 16 Total cc 0% debt £8364/3499 updated 15 Oct 17
    • GoingToDoIt
    • By GoingToDoIt 8th Oct 17, 9:45 AM
    • 445 Posts
    • 3,110 Thanks
    GoingToDoIt
    So pleased that it has happened! The plan worked! You would never have thought this was possible 18 months ago...now it's xmas in a new home new job new location....so please for you Ena, had a little tear when I saw the update. Must have some dust in my eye.
    Apr 16 Total cc 0% debt £8364/3499 updated 15 Oct 17
    • doingitanyway
    • By doingitanyway 8th Oct 17, 6:36 PM
    • 1,972 Posts
    • 9,001 Thanks
    doingitanyway
    I turn my back for 5 minutes and look what happens. Hoorah
    You have done it
    It must feel amazing to have turned your life around 360 degrees.
    So very pleased for you. YOU DID IT. Bowing down and walking backwards here
    The fall sounds rotten. I hope you recover quickly but everything is completely overshadowed by your amazing news.
    JANUARY 2016/SECURED DEBT=24,822/September 2017=5,250
    MORTGAGE FREE 25/07/16
    • lcc86
    • By lcc86 8th Oct 17, 8:03 PM
    • 884 Posts
    • 2,363 Thanks
    lcc86
    Hi Ena,

    So pleased to hear you've exchanged, that's FANTASTIC! So happy for you as I know how much you've wanted this! Hope the move goes well, I'm sure things will be hectic for the next few weeks but it will all be worth it in the end.
    1/12/14 total £9,140 DFD 30/01/17
    http://forums.moneysavingexpert.com/showthread.php?t=5124473 - my original DFD

    25/08/17 new total £802 back in debt but determined clear it by February 2018! 01/10/17 - £420 2017 365 day challenge £527 saved for emergency fund
    • crazy_cat_lady
    • By crazy_cat_lady 9th Oct 17, 8:37 PM
    • 3,352 Posts
    • 28,788 Thanks
    crazy_cat_lady
    Huge congratulations on exchanging but sorry to read of your injuries... hope you're ok soon.
    NSTSeptember #32 NSD 8/18 RYSAW17 #1 £1313.42 20p Savers #88 £1 a day for Xmas # DFD 6 Nov 15 - paid £28,447
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