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  • FIRST POST
    • October Starter
    • By October Starter 17th Oct 14, 12:52 PM
    • 653Posts
    • 3,091Thanks
    October Starter
    Don't Panic!
    • #1
    • 17th Oct 14, 12:52 PM
    Don't Panic! 17th Oct 14 at 12:52 PM
    Where to start..

    Hi..

    This is a breakdown of my financial situation and then I will go into the long old story about how I got into it!

    Outgoings - £993.27
    Mortgage: 317.64 (variable rate)
    Rent: 430.00 (inc bills)
    Car Insurance: 17.00
    House Insurance: 20.88
    Phone: 38.99 (can vary)
    Loan Repayment: 160.42
    Subscription: 8.34 (25.00 every three months)
    Income - £1365-£1865
    Wages: 1100.00 (With overtime +300.00-500.00)
    Mum: 50 (sometimes 75.00 to help me out)
    OH: £215 (towards rent)
    Here's my story.

    Up until just before I was 31, I lived at home with my mum (now 76). Being the youngest and only girl, mum has always been my responsibility which isn't too much of a hardship considering her age. She has wanted to live near my aunt since I was 15 but it's 300miles away from here and I didnt want to leave my school/job/friends etc. Before my 30th birthday I broke up from a long term relationship, changed jobs and had a health scare. It made me realise my life was passing me by and I had nothing to show for it. I decided I would like to own my own property and as I was going through a low patch with no friends to speak of, I decided to give my mum what she wanted and get a house near my aunt. The house prices were reasonable and I had visited a mortgage advisor who got me a mortgage of £65000. I had planned to save for a year to get the deposit but my mum and my aunt became really pushy and before I knew it, I had bought a house. It cost me all my savings, all my mum's savings and £1000.00 loan from my aunt. This left nothing for me or my mum to fall back on.

    I tried for a year to get a job near my house to no avail and it was getting expensive having a house sitting empty. I started having more of a social life and started seeing someone. My mum in her old age was getting very controlling and it was becoming more and more difficult. It was decided that she move into the house and I rent a room in a shared flat. That way my house was well looked after, she could be near my aunt and I could get my independance. (She doesnt like this arrangement at all!)

    My mum only lives on her state pension and pension credits so she doesnt pay any rent. She tries to help me out though by giving me a small sum of money every month.

    Once on my own I guess the sudden freedom for the first time in my life got the better of me. I was spending money like I had an infinate amount and the guy I was seeing happily spent it for me and I happily let him. The BC was going higher and higher and I couldnt get the amount down. BC didnt help either. My limit when I moved into my flat was £2800. When I got near it, they made it £5200 and then when I got near that they increased it to £9200!! Not really encouraging me to sort my financial situation out. It was a first cc so the interest was a massive 27.9%apr

    In January the guy dumped me, leaving me devestated. In an effort to show everyone I was coping and over it, I went out constantly and started drinking. When I wasnt out, I was working. I was spiralling down and down.

    Then I got together with my OH. He was so supportive and it turned out we had very similar financial situations. Both had BCs mine about 200 more than his and we both had accounts with B'clays. He was on a reduced interest plan with BC which ended in September so we went to the bank for him to try and get it extended. While he was on the phone to them I spoke to a personal banker. She gave me a lot of information about loans. I decided to get a £5000 loan at 9.9%apr to be paid off in three years. I cannot tell you what a relief it was to clear my cc and be able to budget for the first time. £160.42 a month and all my extra overtime could go into savings to pay the loan off early. It was such a good situation that my OH did the same but for a longer period (5years, £105 p/m).

    My OH moved in with me at the beginnning of this month and transferred to be able to work closer to home. His hours increased and we were saving to get a place of our own.

    Everything seemed to be falling into place and we thought we were doing well budgeting and saving and looking towards the future. I was trying to get a new job, ideally for more money and less hours (I work 46-60hrs p/w) but the last three months I have applied for over 20 jobs with no luck. It was fine though as at least I had a job!

    Last week my company told me that my level of management was being removed and we were going into consultation. It sounds like they have made up their minds as notice periods will be just before Christmas.. ( thanks!). I have a slim chance of promotion into the new management level but it's a joke of a job requiring a lot of travel, amounting to lots more hours but no overtime. I am now desperately trying to save money and find a new job.

    So I thought I would get some support from you lovely people and write a diary for this difficult part of my life. My new moto is to keep positive and every cloud has a silver lining (Thanks to Fudgie's diary).

    My grandfather used to say "When there doesnt seem to be any hope left, something always turns up". I am hoping and praying he is right.

    Soooo that's my lot. I will try and keep you all updated and I hope I haven't bored you with my loooooonnnngggg first post.

    October
    Last edited by October Starter; 07-01-2015 at 3:02 PM.
    Loan: 6100.00 4542.08 ~~ Credit Card: 4231.82 #20 Emergency Fund: £249.96/£1000 25%!
    LBM 1: (20.08.14) -£5000.00 LBM 2: (25.07.17) -£9750.00 October Goals NSDs: 0/10, Ibs Lost: 0/10, Xtr Income: £0/£50
Page 27
    • beanielou
    • By beanielou 29th Aug 17, 8:01 PM
    • 49,035 Posts
    • 182,022 Thanks
    beanielou
    Keep plodding
    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***
    • October Starter
    • By October Starter 4th Sep 17, 9:43 AM
    • 653 Posts
    • 3,091 Thanks
    October Starter
    Hello Everyone

    Sorry I haven't updated in a bit. I have been distracted with work and home life. Had my hair cut short over the weekend and so did Mr O. Could not believe the price. The lady was recommended by a work colleague and came round on Saturday. Normally my haircut costs me around £30 which is why I only have it done once a year if that. Mr O's last cut cost £10. So as she was a mobile hairdresser, I expected £30 for the two of us.. She charged us £15!! I gave her a £5 tip because she was awesome. Still a bargain and so happy with my new short hair.

    Finances haven't been as good as I hoped and my credit card has gone up. Not sure I am in a position at the moment to be able to reduce so I think my goal this month is to keep it from increasing too much. I am also considering getting a Sainsbury's CC which has 0% interest on balance transfers for 40months. That would enable me to reduce the debt interest free. Just need to work out what by barclaycard account number is.

    I'm a bit concerned as I haven't had any surveys on PA for ages. Income has stalled considerably there. Need to check out what day in October I need to sort out my car tax, insurance and MOT. Will have to hunt out the paperwork.

    Once the holiday is over, Mr O and I are intending on hibernating for the winter so it will only be the car bills and a few Christmas presents to worry about. I think we have everything we need for the winter, at least I hope so!

    Anyway, hope you are all doing ok.

    October xx
    Loan: 6100.00 4542.08 ~~ Credit Card: 4231.82 #20 Emergency Fund: £249.96/£1000 25%!
    LBM 1: (20.08.14) -£5000.00 LBM 2: (25.07.17) -£9750.00 October Goals NSDs: 0/10, Ibs Lost: 0/10, Xtr Income: £0/£50
    • please-let-me-be-lucky
    • By please-let-me-be-lucky 4th Sep 17, 9:50 AM
    • 8,400 Posts
    • 47,237 Thanks
    please-let-me-be-lucky
    Love the idea of hibernating for winter Xx
    Debts @ LBM £23,729.31. Debts @ 08/04/2016 £0

    NSDs achieved in December 1/5
    Lbs lost 10/107.
    • beanielou
    • By beanielou 4th Sep 17, 12:20 PM
    • 49,035 Posts
    • 182,022 Thanks
    beanielou
    Will join you on the hibernating
    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***
    • October Starter
    • By October Starter 18th Sep 17, 2:26 PM
    • 653 Posts
    • 3,091 Thanks
    October Starter
    Helllooooo friends!

    Sorry for the absence but I have been in a tent for the last week! Pure bliss! Just me, Mr O and the elements. It was very relaxing. Shame we had to come home really. I well and truly have the Monday blues!

    So, I have started Slimming World today with the hopes of losing 2 stone by Christmas! Mr O and I are swimming weekly so hopefully that will help. I am even drinking green tea! Day one isn't so bad, just takes time to get used to it. Really need to lose the lbs and gain the £s!

    Wish me luck!

    October xx
    Loan: 6100.00 4542.08 ~~ Credit Card: 4231.82 #20 Emergency Fund: £249.96/£1000 25%!
    LBM 1: (20.08.14) -£5000.00 LBM 2: (25.07.17) -£9750.00 October Goals NSDs: 0/10, Ibs Lost: 0/10, Xtr Income: £0/£50
    • please-let-me-be-lucky
    • By please-let-me-be-lucky 18th Sep 17, 2:37 PM
    • 8,400 Posts
    • 47,237 Thanks
    please-let-me-be-lucky
    Good luck!

    Glad you had a good holiday Xx
    Debts @ LBM £23,729.31. Debts @ 08/04/2016 £0

    NSDs achieved in December 1/5
    Lbs lost 10/107.
    • Purplemumof2
    • By Purplemumof2 18th Sep 17, 3:10 PM
    • 5,285 Posts
    • 18,590 Thanks
    Purplemumof2
    Hope you both had a lovely and relaxing holiday? x
    Official DFW Nerd Club - Member no. 791 - Proud to be dealing with my debts
    MBNA: £7000.00 Cap 1: £457.35 BC: £5000.00

    AFD 0/10 NSD 0/10 LTW 0/10
    POAMAYC 2018 #?? PD £0.00/£4000
    20p Savers 2017 £2 Savers 2017 50p Savers 2017 SPC 11 2018 #003
    • October Starter
    • By October Starter 21st Sep 17, 3:38 PM
    • 653 Posts
    • 3,091 Thanks
    October Starter
    I had a lovely holiday but my goodness work is stressful this week!

    I am sure my credit card has raised again! (I'm not looking yet). However! I have not given up. Mr O and I have given up takeaways until Christmas in order to try and reduce our spends and also Mr O is joining me on my SW journey!

    We are swimming once a week which is good and just working towards a better lifestyle and healthier living! (I sound like an ad!)

    Sorry for the quick update, but got to get back to it before I collapse!

    Have a good one lovelies

    October xx
    Loan: 6100.00 4542.08 ~~ Credit Card: 4231.82 #20 Emergency Fund: £249.96/£1000 25%!
    LBM 1: (20.08.14) -£5000.00 LBM 2: (25.07.17) -£9750.00 October Goals NSDs: 0/10, Ibs Lost: 0/10, Xtr Income: £0/£50
    • October Starter
    • By October Starter 25th Sep 17, 3:47 PM
    • 653 Posts
    • 3,091 Thanks
    October Starter
    Hello Folks

    Soooo I have done rubbish this month. My weight goal wasn't tracked, neither were my NSDs and my extra income came from a car boot sale this weekend and I earned £40. My credit card has also increased massively not helped by a huge lump of interest. This is not good.

    Soooo... I decided to apply for a Tesco 0% interest credit card with the hopes I can transfer my balance and pay it off without the continued added interest. I am waiting to hear back as to whether they have accepted me or not. I really hope they do. Ideally they will give me the 0% offer for 40 months.

    Mr O and I have both started slimming world and although I keep forgetting to weigh, it hasn't been too bad. I hope that when I weigh tomorrow I will see some difference from when I last weighed. We are still going swimming on a Tuesday which is good for both of us.

    Right, further updates to follow. Still struggling with time management as well... Good grief I am a mess!

    Happy Saving/Debt Busting..

    October xx
    Loan: 6100.00 4542.08 ~~ Credit Card: 4231.82 #20 Emergency Fund: £249.96/£1000 25%!
    LBM 1: (20.08.14) -£5000.00 LBM 2: (25.07.17) -£9750.00 October Goals NSDs: 0/10, Ibs Lost: 0/10, Xtr Income: £0/£50
    • beanielou
    • By beanielou 25th Sep 17, 8:51 PM
    • 49,035 Posts
    • 182,022 Thanks
    beanielou
    You are not a mess~~just human like us all
    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***
    • AleMrsT
    • By AleMrsT 30th Sep 17, 1:50 AM
    • 550 Posts
    • 1,359 Thanks
    AleMrsT
    October welcome back!! I have spent the whole night re-readibg your diary from the start, I've got as far as 1st August 2017 and I'm doing one eyed typing because Ive stayed up too late!! I'm so sorry to hear the past couple of years haven't been easier on you, looking forward to catching up with the rest of your diary when I can see straight tomorrow! Much love. MrsT. X

    ETA: right, all caught up! Hi Mr O! Will keep checking in to see how you're both doing I'm also trying to lose weight and failing miserably at it because food tastes good and exercise is effort
    Last edited by AleMrsT; 30-09-2017 at 2:16 AM.
    Debt @ LBM Nov 2014 £7586.85 Jan 2015 £7202.85 now £4348.60 (£2854.25 PAID)
    Italy 2018 £2103.44 now £0 (Thanks PPI!)
    Christmas shopping £167.51 (plus £47.21 Amazon/surveys)/£150
    Survey income (from Oct 2017) £49.04
    Emergency Fund £0/£600
    Christmas 2018 £0/£400
    • Purplemumof2
    • By Purplemumof2 30th Sep 17, 8:07 AM
    • 5,285 Posts
    • 18,590 Thanks
    Purplemumof2
    Morning Mrs and Mr O,

    You're not a mess! September hasn't quite gone the way I wanted either.

    Fingers crossed for the balance transfer, that'd be a huge weight lifted.

    Have a lovely day xx
    Official DFW Nerd Club - Member no. 791 - Proud to be dealing with my debts
    MBNA: £7000.00 Cap 1: £457.35 BC: £5000.00

    AFD 0/10 NSD 0/10 LTW 0/10
    POAMAYC 2018 #?? PD £0.00/£4000
    20p Savers 2017 £2 Savers 2017 50p Savers 2017 SPC 11 2018 #003
    • October Starter
    • By October Starter 2nd Oct 17, 1:07 PM
    • 653 Posts
    • 3,091 Thanks
    October Starter
    Hello!

    Ok, first of all, MrsA welcome back to my diary and good grief at you reading all my ramblings. Hey Purplemum, thanks for the crossing of fingers!

    It is October again. Hard to believe I first started to debt bust 3 years ago and I am in a worse situation now than I was. Having said that, I have reviewed the circumstances over the last few years and feel it will be a completely different story this time next year.

    I have been accepted for the Tesco 0% interest card, I am just waiting for the rest of the information and the card to be sent. Not sure what I need to do to finalise the balance transfer so hopefully that will be done soon and I can stop paying £100+ in interest!!!

    So my first couple of weeks on SW has proved successful and I have lost 7lbs! Just got to keep it up. Mr O and I made some great chicken chow mein yesterday and had enough for today's lunch. Need lots more meals like that!

    We are on a tight budget this month but hopefully all will be well. Apologies for not keeping up with your diaries at the moment, life is rather busy but still not interesting enough to give some entertainment in my diary lol.

    Happy debt busting/saving!

    October xx
    Loan: 6100.00 4542.08 ~~ Credit Card: 4231.82 #20 Emergency Fund: £249.96/£1000 25%!
    LBM 1: (20.08.14) -£5000.00 LBM 2: (25.07.17) -£9750.00 October Goals NSDs: 0/10, Ibs Lost: 0/10, Xtr Income: £0/£50
    • please-let-me-be-lucky
    • By please-let-me-be-lucky 2nd Oct 17, 1:10 PM
    • 8,400 Posts
    • 47,237 Thanks
    please-let-me-be-lucky
    Well done on the weight loss Xx
    Debts @ LBM £23,729.31. Debts @ 08/04/2016 £0

    NSDs achieved in December 1/5
    Lbs lost 10/107.
    • beanielou
    • By beanielou 3rd Oct 17, 11:00 AM
    • 49,035 Posts
    • 182,022 Thanks
    beanielou
    Great news on the weight loss & the new card
    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***
    • October Starter
    • By October Starter 8th Oct 17, 10:53 AM
    • 653 Posts
    • 3,091 Thanks
    October Starter
    Morning Gorgeous People!

    Soooo I managed to get the 40 months at 0% and the balance has transferred! It's shocking the level these companies go to though. I could in theory now get myself into over £18,000 credit card debt. It just doesn't make sense to me. I guess some people can live in debt every day and not worry about it at all. I wasn't brought up like that. I have hated every penny I have put on a credit card but had to due to lack of money to live on. Thankfully, although things aren't perfect, we are trying to live within our means and that is HARD.

    I wanted Mr O and I to go away for a night next weekend to celebrate his birthday. He agreed, we were going to go but yesterday we re-evaluated. It was going to cost us nearly £100 for just one weekend and we just don't have that money available as we need to make sure the car bills are paid for. We decided to pass and have a meal out instead. We will go when we can save up and not put the cost on a credit card. Its decisions like these that are going to get us out of debt.

    SW is going well. I was 3lbs off my first stone but weighed today and appear to have put 4lbs back on. Not too worried as I don't think it was food, rather than that time of the month for me. Getting used to preparing meals from scratch has been difficult but we are getting there. I am going to be cooking up some different meals in a batch this afternoon so that we have options in the freezer and have some quick options to grab. My goal is to lose 2 stone before Christmas. I think that is a reasonable goal so not to push myself too much or give myself extra pressure.

    So on to some chores for the day! Sorting out mountains of paperwork this morning and batch cooking this afternoon. Then back to work and stress tomorrow. Hope everyone is having a lovely weekend!

    October xx
    Loan: 6100.00 4542.08 ~~ Credit Card: 4231.82 #20 Emergency Fund: £249.96/£1000 25%!
    LBM 1: (20.08.14) -£5000.00 LBM 2: (25.07.17) -£9750.00 October Goals NSDs: 0/10, Ibs Lost: 0/10, Xtr Income: £0/£50
    • beanielou
    • By beanielou 8th Oct 17, 7:13 PM
    • 49,035 Posts
    • 182,022 Thanks
    beanielou
    Hope paperwork went well.
    Mine is getting there slowly!
    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***
    • October Starter
    • By October Starter 16th Oct 17, 12:03 PM
    • 653 Posts
    • 3,091 Thanks
    October Starter
    Hello!

    It's been a rough week. On Wednesday I took really ill at work with dizzy spells, headache and extreme tiredness. I went home and went to bed. Was off work then until today. I called the doctor and unlike down south, here you can't see them at all without going through the guard dog receptionist and the nurse. I was told to go and have blood taken on Friday and that was a bit of an ordeal. The nurse tried four times and got nothing so sent me to the hospital. They managed to get what they needed but not without another three tries. I felt like a pin cushion. Got a lovely black bruise for the privilege. Waiting to find out what is causing this. I am not very confident as they tried these tests last year down South and my results show nothing is wrong. They then tell me my tiredness and headaches are because I'm depressed or overweight. I am going to keep pushing them this time as I don't want to be fobbed off.

    In other news, Mr O got a job!!! I am going to let him tell you about it as I don't want to steal his thunder.

    The SW plan went out the window last week so I haven't weighed as I don't want to know the damage!! We are both back on plan this week and did some meal prep yesterday so we have lunches for the next few days. We are going to go swimming tomorrow but only for an hour as my energy levels aren't fully recovered and I can't take anymore time off work really.

    Well hope all is well with you lovelies.

    October xx
    Loan: 6100.00 4542.08 ~~ Credit Card: 4231.82 #20 Emergency Fund: £249.96/£1000 25%!
    LBM 1: (20.08.14) -£5000.00 LBM 2: (25.07.17) -£9750.00 October Goals NSDs: 0/10, Ibs Lost: 0/10, Xtr Income: £0/£50
    • beanielou
    • By beanielou 16th Oct 17, 12:09 PM
    • 49,035 Posts
    • 182,022 Thanks
    beanielou
    Take care of you xx
    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***
    • please-let-me-be-lucky
    • By please-let-me-be-lucky 16th Oct 17, 12:35 PM
    • 8,400 Posts
    • 47,237 Thanks
    please-let-me-be-lucky
    Get well soon and well done Mr O Xx
    Debts @ LBM £23,729.31. Debts @ 08/04/2016 £0

    NSDs achieved in December 1/5
    Lbs lost 10/107.
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