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  • FIRST POST
    • Woodster76
    • By Woodster76 24th Oct 14, 4:13 PM
    • 161Posts
    • 402Thanks
    Woodster76
    Anxiety and Debt Free Wannabe
    • #1
    • 24th Oct 14, 4:13 PM
    Anxiety and Debt Free Wannabe 24th Oct 14 at 4:13 PM
    So much going round in my mind I thought I would start a diary and hope that I can list everything that is worrying me on my new thread.

    Don't get me wrong I'm not in a big financial mess and I'm not going to loose my home but do have personal debts that worry me.

    My story - I have a well paid job but unfortunately my hours were reduced by half back in April. But my workload was not reduced by half and I got myself in a mess, even though I communicated all this to my manager he dismissed that I was struggling. I eventually plucked up the courage to go to the dr's who signed me off with Anxiety and work related stress. Now on medication. I have been back in work but doing a different job which I have no interest or had no training for which has caused me more anxiety and I have been signed off for another month after another spat with the manager who was very rude to me by calling me a few names. I'm two weeks into my sick note and I feel the next two weeks I need to sort myself out before I loose my job.

    The knock on effect from the reduction in hours are obviously my finances. After paying a set amount to the joint account this doesn't leave me with much. And being on SSP has halved my pay again if I'm lucky at all to get my SSP paid as Manager 'forgets' to send my sick note down to payroll. I have had to cancel the SO or reduced the amount to what I can afford to pay to the joint account each month. I probably owe at a guess 2.5k which I will pay back. But having seen a bank statement funds are running low.

    My husband is supportive and gives me money when I need it. Which I try and pay back each month.

    He also pays for the main groceries shop each week and I will pay for the top ups during the week but as I like to pay half for everything this is also mounting up to what I owe him.

    I have a credit card of about 1k owed. With Xmas coming up I'm not sure how I'm going to afford it.

    I have tried to get another part job in retail and I have had two job interviews this week. The interviews went well but part of me thinks once they get the references they'll see I'm off sick and will not employe me.

    I need a new car by the end of April next year as it's a rust bucket on wheels and I don't think it'll pass it's MOT.

    There's so much that needs doing to the house not urgently but would like a new kitchen and bathroom as I think these are the originals to the house when it was first built 40 years ago.

    I just feel I've hit rock bottom, can't speak to hubby about it as he's under a lot of stress at work and don't want to worry him.

    Just hope now that I've written everything down I can see things more clearly and hopefully work on myself and my confidence and get myself out of what feels like hell.
    SPC#8 No. 448 £126.87

    16/10/2016 £9176.11 debt
    £933.03/£9176.11 = 10.17% paid
Page 4
    • Red-Squirrel
    • By Red-Squirrel 25th Mar 15, 3:02 PM
    • 487 Posts
    • 727 Thanks
    Red-Squirrel
    Hi Woodster, I'm quite new to the board and haven't seen your thread before. Just wanted to say sorry for the loss of your nan and your dog.

    One thing that struck me though is that you and your husband seem to keep very separate finances, you even mentioned that you have to pay him back if he lends you money! If he's working and you're struggling, would combining your finances more and him supporting you more with his wages be something you could discuss?

    I'm sorry if that's too personal, feel free to ignore, but it really jumped out at me.
    • Woodster76
    • By Woodster76 15th Oct 16, 4:05 AM
    • 161 Posts
    • 402 Thanks
    Woodster76
    Well I've just logged on here for the first time in ages and just had a look back at my blog.

    A lot has gone on!

    A month after my last post I separated from husband my decision and went into a deep depression. Got myself help on anti depressants and went for councelling and when I was well enough started divorce proceedings early this year.
    I managed to get myself a well paid job last June and moved out in August renting a flat but I'm still going through the divorce.
    It wasn't easy still isn't still suffering from anxiety and in further debt.
    So all I can do is look forward.
    Last edited by Woodster76; 15-10-2016 at 4:19 AM.
    SPC#8 No. 448 £126.87

    16/10/2016 £9176.11 debt
    £933.03/£9176.11 = 10.17% paid
    • Woodster76
    • By Woodster76 15th Oct 16, 12:08 PM
    • 161 Posts
    • 402 Thanks
    Woodster76
    This week has been a bad week where I have obsessively focused on hubby wrong doings and the divorce.
    He has tried to move his girlfriend into our house. Plus whilst working in my second job (I'm a checkout operator for M) one of his work colleagues seemed to want to stir trouble by telling me she knew everything that was going on with the divorce. So hubby got a piece of my mind but he just ignored me.
    This has effected me greatly and I've had to take time off from both jobs Unpaid to sort myself out.

    So I need to stop focusing on what he is doing and start focusing on me and start sorting my life out.

    I'm totally unmotivated at the moment. I'm full of cold which doesn't help.

    My list for today
    Get out of bed and have a shower
    Pop into town and get a few essentials
    Hit target on SB and cash out £5.
    Update signature with all debts
    Try and organise flat somehow but don't know where to start.

    My mind is all disorganised and so is my life. Need to get my life back on track!
    SPC#8 No. 448 £126.87

    16/10/2016 £9176.11 debt
    £933.03/£9176.11 = 10.17% paid
    • FinallyDebtfree2017
    • By FinallyDebtfree2017 15th Oct 16, 12:13 PM
    • 53 Posts
    • 37 Thanks
    FinallyDebtfree2017
    Hi Woodster

    Make sure you take some time out just for yourself, read a book, have a bath or go for walk. You come first
    • Woodster76
    • By Woodster76 15th Oct 16, 6:37 PM
    • 161 Posts
    • 402 Thanks
    Woodster76
    Thanks FinallyDebtfree2017.
    Been vegging on the couch watching the box and catching up on my programmes.

    Went to town and spent £9 on the essentials. Hit my target on swagbugs. Done a bit of cleaning and some washing.

    I have decided to take the next 6 months to sort myself out. The only way is up! Keep chipping away at the debts and see where I'm at. My main goal is to get myself a place of my own within the next 12 months. Not sure if it'll be possible.

    Start tea and catch up on strictly!
    SPC#8 No. 448 £126.87

    16/10/2016 £9176.11 debt
    £933.03/£9176.11 = 10.17% paid
    • Woodster76
    • By Woodster76 16th Oct 16, 12:10 AM
    • 161 Posts
    • 402 Thanks
    Woodster76
    Here is a breakdown of my debts -

    Credit card 1 £3573.59. I'm paying about £30pm in interest each month!

    Credit Card 2 £396.18 0% interest to run out mid Nov!

    Car loan £5000. £2815.56 o/s. Paying £154.96 pm. Last payment date 01/06/2018

    Flexible Loan £1000 £784.38 o/s Paying £52.94 pm. Last payment date 26/03/2018

    Flexible Loan £1500.00 £1425.99 o/s. Paying £99.63 pm. Last payment date 14/02/2018

    So that's a total of £8996.11

    Not sure which one I should tackle first! Any advice anyone???
    SPC#8 No. 448 £126.87

    16/10/2016 £9176.11 debt
    £933.03/£9176.11 = 10.17% paid
    • DomRavioli
    • By DomRavioli 16th Oct 16, 1:16 AM
    • 2,862 Posts
    • 4,772 Thanks
    DomRavioli
    Here is a breakdown of my debts -

    Credit card 1 £3573.59. I'm paying about £30pm in interest each month!

    Credit Card 2 £396.18 0% interest to run out mid Nov!

    Car loan £5000. £2815.56 o/s. Paying £154.96 pm. Last payment date 01/06/2018

    Flexible Loan £1000 £784.38 o/s Paying £52.94 pm. Last payment date 26/03/2018

    Flexible Loan £1500.00 £1425.99 o/s. Paying £99.63 pm. Last payment date 14/02/2018

    So that's a total of £8996.11

    Not sure which one I should tackle first! Any advice anyone???
    Originally posted by Woodster76
    Usually the one with the highest interest rate (You've not listed apart from the 0% one).
    Observe, Adapt, Overcome.
    SPC 2015 #497
    • Woodster76
    • By Woodster76 16th Oct 16, 2:57 AM
    • 161 Posts
    • 402 Thanks
    Woodster76
    Thought I had DomRavioli! Doh! Off the top of my head it was £1000 loan.

    So whilst I've been lying in bed these last couple of hrs the thoughts in my head are
    A) I'm probably paying about £100 in interest per month on the total debt.
    B) I have another credit card with £180ish on that I hadn't included taking the total up to £9176.11
    C) I need to get my car serviced asap so I won't be able to make any extra payments until I know how much that is going to cost me!
    D) Settlement from the divorce - should I use some of this to pay off my debts? I won't incur interest payments and just quickly aim to pay back what I took out of the settlement. Not sure when it'll come through tho!
    E) I need to make a budget of my incomings & outgoings.
    F) Try to do a food budget
    G) as I've already paid 6months rent in advance hence the two loans. Because my job is fixed term (up to 2 yrs) and renewed every 6 months (I hope due November) I had to pay 6 months in adv to secure the flat. I should use the £400pm I would have paid in rent to off set the loans.
    H) I need savings for the unexpected things!
    I) Christmas is round the corner!

    Urrrchh- I think I need to take one debt at a time! The £784.38 loan or the two lowest credit cards so I can tell the banks where to stick their credit cards!
    Last edited by Woodster76; 16-10-2016 at 2:59 AM.
    SPC#8 No. 448 £126.87

    16/10/2016 £9176.11 debt
    £933.03/£9176.11 = 10.17% paid
    • Woodster76
    • By Woodster76 16th Oct 16, 12:16 PM
    • 161 Posts
    • 402 Thanks
    Woodster76
    Feeling rough with this cold today. Didn't get much sleep. So don't think I'll be leaving the flat or doing much else.
    SPC#8 No. 448 £126.87

    16/10/2016 £9176.11 debt
    £933.03/£9176.11 = 10.17% paid
    • Woodster76
    • By Woodster76 18th Oct 16, 6:08 AM
    • 161 Posts
    • 402 Thanks
    Woodster76
    The anxiety took hold of me yesterday. I got ready for work as normal but then a horrible feeling of I can't do this came over me. Can't walk out the door, can't face my work colleagues, can't face are you ok?
    Retreated back to bed cried my eyes out and fell asleep. Woke up to a text from my manager to ask if everything was OK he was concerned.
    I felt stupid. Explained everything. He said no one was talking about me. He gave me a helpline no for someone to talk to said he was happy to meet me in the car park next time and walk with me to the office.
    So this morning little steps. I know the longer I leave it the worse it'll get. Can't let anxiety beat me. I need to get myself back into a routine and hopefully the little black clouds of doubt will lift in the next few days.
    SPC#8 No. 448 £126.87

    16/10/2016 £9176.11 debt
    £933.03/£9176.11 = 10.17% paid
    • enthusiasticsaver
    • By enthusiasticsaver 18th Oct 16, 3:23 PM
    • 2,567 Posts
    • 4,377 Thanks
    enthusiasticsaver
    I would tackle the largest credit card first which is charging you around £30 per month in interest. I am guessing that is a higher interest rate than the loans. The smaller credit card which is 0% at the moment. What does that go to in November?

    Your manager sounds lovely.
    Debt and mortgage free and saving for early retirement
    • Woodster76
    • By Woodster76 22nd Oct 16, 11:15 PM
    • 161 Posts
    • 402 Thanks
    Woodster76
    I would tackle the largest credit card first which is charging you around £30 per month in interest. I am guessing that is a higher interest rate than the loans. The smaller credit card which is 0% at the moment. What does that go to in November?

    Your manager sounds lovely.
    Originally posted by enthusiasticsaver
    Thanks Enthusiasticsaver. Yeah the manager is lovely. Been fab with me.

    I honestly don't understand the interest rate on the c/c just know it's a huge amount to put a big dent in hence why I seem to want to do the smaller ones first!
    SPC#8 No. 448 £126.87

    16/10/2016 £9176.11 debt
    £933.03/£9176.11 = 10.17% paid
    • Woodster76
    • By Woodster76 22nd Oct 16, 11:33 PM
    • 161 Posts
    • 402 Thanks
    Woodster76
    My anxiety seems to have subsided a little. I find music relaxes me when I feel like I'm overthinking things. So I've managed to get myself to work and also do my second job which seems to cause the anxiety the most. Thankfully I'm off for two weeks from the second job now so that will save on petrol as its a 40 mile round trip twice a week.

    So I've made a few payments this week and my debt has gone down to £9011.98.

    Booked car in for a service next week. So until I know the damage I can only make really small payments atm. on the plus side get paid next week from second job!
    Another £5 to come from SB next week. Hopefully next weekend I'll have a better idea of how much I can pay towards the debts.
    SPC#8 No. 448 £126.87

    16/10/2016 £9176.11 debt
    £933.03/£9176.11 = 10.17% paid
    • FinallyDebtfree2017
    • By FinallyDebtfree2017 23rd Oct 16, 1:22 PM
    • 53 Posts
    • 37 Thanks
    FinallyDebtfree2017
    Woodster76 you sound much better and good that you have Roy d ways to get you out of the dark clouds, one step at time.

    Your manager sounds v supportive
    • sourcrates
    • By sourcrates 23rd Oct 16, 1:34 PM
    • 8,380 Posts
    • 8,207 Thanks
    sourcrates
    So I've made a few payments this week and my debt has gone down to £9011.98.
    Originally posted by Woodster76
    Hi,

    Has anyone mentioned a Debt Relief Order (DRO) to you at all ?

    I dont know all your personal circumstances, or if you have sort debt help at all in the past, but if you meet the criteria, it will wipe out your debt in 12 months, with no payments necessary.

    Basic criteria are :

    Must not be a homeowner
    debt less than 20k
    no assets over £1000
    car not worth more than £1000
    Must have £50 or less left after essential bills are paid (not inc credit payments).

    Checkout the stepchange website for more info.

    For free debt advice please call National Debtline on
    0808 808 4000
    Monday to Friday
    9am to 9pm
    Saturday 9.30am to 1pm
    • Woodster76
    • By Woodster76 23rd Oct 16, 10:18 PM
    • 161 Posts
    • 402 Thanks
    Woodster76
    Hi,

    Has anyone mentioned a Debt Relief Order (DRO) to you at all ?

    I dont know all your personal circumstances, or if you have sort debt help at all in the past, but if you meet the criteria, it will wipe out your debt in 12 months, with no payments necessary.

    Basic criteria are :

    Must not be a homeowner
    debt less than 20k
    no assets over £1000
    car not worth more than £1000
    Must have £50 or less left after essential bills are paid (not inc credit payments).

    Checkout the stepchange website for more info.
    Originally posted by sourcrates
    Thanks sourcrates but I am technically still a homeowner until the divorce comes through then obviously I will be bought out as he wants to keep the house. That money will then be put towards a deposit for a home of my own. This is why I want to clear my debts on my own as quickly as possible so hopefully all this divorce stuff doesn't hit my credit rating.
    I bought a car with a loan and then two weeks later given a compromise agreement from a previous employers and that's when everything started going down hill. I wasn't able to work and the debts started piling up. I've had to start from scratch and I'm happy I've got a full time job though it is temporary and I'm renting - nothing is certain. Yes I appreciate he may have had to make a few sacrifices to secure a mortgage to buy me out but he has a full time well paid permanent job that he's worked for the same company from when he left school.
    I enjoy this job and hopefully it will become permanent but I'm not sure how. I'm not sure how I can get a mortgage on a fixed term contract. I like the area I've moved to though I don't get much chance to explore the area or enjoy life at the moment as I'm always working. Or trying to fight off those dark clouds which I've been told will never go away and I'll probably be back at the Dr's at some point asking for help because I do feel unsettled and anxious about what the future holds. I've got to keep plugging away and hope I see the light at the end of the tunnel in the next 6-12 months!
    SPC#8 No. 448 £126.87

    16/10/2016 £9176.11 debt
    £933.03/£9176.11 = 10.17% paid
    • Woodster76
    • By Woodster76 23rd Oct 16, 10:45 PM
    • 161 Posts
    • 402 Thanks
    Woodster76
    So on my only day off I went to see the rents and had a lovely Sunday roast cooked for me and an afternoon of football! Mum is a huge football fan!

    Al,they could talk about was their new smart phones which they haven't got a clue about how to work so I've had to show them. Wasn't my patient self and my dad is deaf even with hearing aids in that I had to shout the instructions two or three times. I do appreciate what they do for me but it can be hard work sometimes that I get a bit snappy. I always feel guilty cos it's not my Dads fault he can't hear me.

    So it's my big 4-0 next Saturday. Nothing wild planned as the last 18months has taken it out of me and not sure if I want to celebrate like everyone who turns 40! I may opt for a 41st bash next year! So rents have offered to take me out for a meal. Bit anxious about it so I compromised and said Monday would be better as it would be less busy. Plan is to pop to theirs on Sat and they offered to cook me some tea what would I like? so I replied egg and chips (I like the simple things) so Dad said chicken chips and curry it is then! Oh ok! ��

    Managed to do a bit of swagbugs and not spend any money today. Three days to work and have a whole week off from my full time job. I won't know what to do with myself.
    SPC#8 No. 448 £126.87

    16/10/2016 £9176.11 debt
    £933.03/£9176.11 = 10.17% paid
    • Woodster76
    • By Woodster76 26th Oct 16, 7:40 PM
    • 161 Posts
    • 402 Thanks
    Woodster76
    Been a hard few days just to get myself motivated. Off work now for a whole week - recharge the batteries.

    Made a small very small payment towards the debt. Received my £5 PayPal payment from SB. Will update my signature at the end of the week. Also have a think how I can make my money stretch.
    SPC#8 No. 448 £126.87

    16/10/2016 £9176.11 debt
    £933.03/£9176.11 = 10.17% paid
    • Woodster76
    • By Woodster76 28th Oct 16, 9:48 AM
    • 161 Posts
    • 402 Thanks
    Woodster76
    Yesterday was a good day but a bit bad spends wise.

    As I already booked and paid up front for the car service they got the job done quicker than expected. They said they'd phone me within the hour if they're were any problems but it if not I could pick it up in a couple of hrs. I had planned to get the train home but decided I'd pop to th nearby town treat myself to breakfast and have a look round the shops maybe start the Xmas shopping. Whilst having breakfast they phoned said no problems but I will need a new windscreen wiper. Which I was meant to tell them about when I got there. I said yep get it changed I'm just got a few errands I'll pick the car up before dinner time.

    So I bought a few Christmas cards and birthday cards. Went to the bank to make sure the joint account had been closed. It had. One less thing to worry about. Searched high and low for a man purse my dad wants for Xmas - or as I call it the Roy Cropper purse. Bought myself a CD. Totally walked past the shop where I usually buy slippers for mum. Then ended up spending £111.00 on 4 items of clothing for work. �� I forgot myself. But I didn't put it on the credit card and if they fit I think one item can be a Christmas present from the rents. I did need clothes for work. 2 items I really like not sure about one dress. All will be decided when I try them on.

    After that thought no more spending. Picked the car up and was advised I'd need 3 new tyres within the next three - four months and to keep my eye on them. So I need to find money for them.

    Went to Argus bought plastic storage containers because my flat is an absolute tip. So hopefully I can do a bit of a declutter and tidy up during my time off.

    So nice to have a bit of a lie in knowing I didn't have to get up for work or other appointments.

    Planning a NSD today after yesterday. I ain't leaving the flat.

    Hope everyone has a good day.
    SPC#8 No. 448 £126.87

    16/10/2016 £9176.11 debt
    £933.03/£9176.11 = 10.17% paid
    • Woodster76
    • By Woodster76 30th Oct 16, 7:21 PM
    • 161 Posts
    • 402 Thanks
    Woodster76
    Update:
    Paid £11.77 off the debt this week! I have made a few small payments but waiting for the accounts to update otherwise I'll get confused.

    So total paid £175.90 paid. 1.917% paid. £9000.21 outstanding.
    SPC#8 No. 448 £126.87

    16/10/2016 £9176.11 debt
    £933.03/£9176.11 = 10.17% paid
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