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  • FIRST POST
    • GoingToDoIt
    • By GoingToDoIt 13th Oct 15, 5:43 PM
    • 428Posts
    • 2,988Thanks
    GoingToDoIt
    Do One, Debt!
    • #1
    • 13th Oct 15, 5:43 PM
    Do One, Debt! 13th Oct 15 at 5:43 PM
    Hello,
    I've been lurking for a while knowing that I need to do something about my growing debts, now I have finally taken the plunge and started a diary :
    I used to be the ultimate moneysaver! I can't believe how bad I have been in the last few years- missed payments on cc's for no good reason!?! My mental health suffered after being bullied at work a few years ago. I started smoking again, gained weight and lost control of my finances. I quit my job with no job to go to and that accounts for 50% of my debts ( 6 weeks unemployed) the rest is new carpets and a new mobile phone. Apart from that it's from...smoking!
    I have now been a non-smoker for over 4 weeks so that is around £250 I've not spent.
    I also need to get fitter, eat better and lose around 30kg. I know some people think "one thing at a time" however I feel they are all connected and as one improves the others naturally follow.
    Will post some more info on my financials in due course...
    Thanks for reading...Gonna
    Last edited by GoingToDoIt; 13-10-2015 at 5:44 PM. Reason: Spelled name
    Apr 16 Total cc 0% debt £8364/3680 updated 23 July 17
Page 14
    • GoingToDoIt
    • By GoingToDoIt 31st Jan 17, 9:42 AM
    • 428 Posts
    • 2,988 Thanks
    GoingToDoIt
    Thanks Ena, I felt a bit better after writing it down. The ring already had some admiring comments too
    I suppose it's the eternal struggle- to stay in budget. I had a bit put by for this stuff, but not quite enough and as ever, I'm overspent. On the one hand it was mostly needed/discounted etc on the other hand...budget!!!
    I think also I've underinvested in myself for so long...I saw an old work colleague the other day and felt so bad, I was still wearing a dress that was past it's best when we worked together 2 years ago
    I think I'll have a "sort stuff out Saturday" and re-do budgets etc. I need to swap electric supplier, I might swap bank account, I have a pile if stuff to put on the bay of e. I also have a pay rise from April
    Ena I'm going to BST at Hyde Park to see the Killers...it's possibly the 10th concert of theirs I've been to!!!!!
    Apr 16 Total cc 0% debt £8364/3680 updated 23 July 17
    • GoingToDoIt
    • By GoingToDoIt 7th Feb 17, 10:55 AM
    • 428 Posts
    • 2,988 Thanks
    GoingToDoIt
    Well when the money has run out and payday is still a week away, what else is there to do than impulse purchase theatre tickets?!?!
    Actually I've seen the play advertised for a while and have been thinking I want to go and would be willing to pay the solid wedge it would cost. I've bought two tickets for my birthday so just need to convince someone to come along. £80 gone...
    I'm not sure if I'm justifying bad money behaviours here or not, but I was thinking that I have "underinvested" for so long that maybe I should reduce my payments for a bit? I mean I've got a years worth of toilet rolls plus a reasonable wardrobe and pre-booked tickets for events and an rdf...so I'm thinking of just paying Halifax cc the minimum in Feb, £18 I think and "absorbing" the other £280 overpayment into my credit card bills and maybe a bit to the clothes fund if possible. I think to keep things "interesting" if I am extended, I will vary my overpayments each month and up it or reduce it by £50-£100 here and there. Not every month is the same and some are long!
    To be fair the boots I bought in the sale recently (£36)are a godsend as I had put them away, but my current boots literally just fell apart. The boot ripped from the sole on both!! They cost £25 so no value in having them repaired, plus I wasn't too keen on them, so they can go and their replacements can start work!
    My work contract may be extended to the end of the year, should find out next month. So I guess I'm "living" as if it will be. But when I make my March loan payments, I'll hit the "halfway" debt repaid point. I'll have managed to slay £4K in a year and I can probably slay 4K in the year ahead.
    Had a difficult few weeks with personal problems (family) and a really rough weekend long story short I smoked. About 40 fags...anyway I'm on the wagon again and trying to manage emotions better, under very tough circumstances.
    Last edited by GoingToDoIt; 07-02-2017 at 11:02 AM.
    Apr 16 Total cc 0% debt £8364/3680 updated 23 July 17
    • GoingToDoIt
    • By GoingToDoIt 11th Feb 17, 11:52 AM
    • 428 Posts
    • 2,988 Thanks
    GoingToDoIt
    Making extra money
    I've finally sorted out some little things that should help my finances.
    I switched my electric, I should have done this a while ago really, but I really liked using a green supplier. But it's become expensive, so I've ditched them for now. It's a shame but the numbers just were not working. Switched through tcb so £35 cash back too.
    I've now got two regular dd coming out of Halifax, so I can start getting the £3 reward (used to be £5) each month. That died off when I switched banks. So between two banks I should start getting £7 per month in rewards.
    I've been too-ing and frow-ing about my budget, my splurges etc and whilst it's not gone brilliantly money-wise, I do need to get better at doing a food budget etc, it occurred to me that in terms of bringing money in, I'm not doing too bad. All of the bank rewards, tcb, swaggy, inbox£s run in the background and build up to a decent payout. So whilst I might not be too strict with the money I have, at least I have earned a bit extra to be careless with
    Swaggy is at 450. Inbox is at £15.45 tcb has £25 confirmed and around £50 pending plus I have a pile of bay of e stock to start listing which I won't jinx by estimating a price here
    Apr 16 Total cc 0% debt £8364/3680 updated 23 July 17
    • GoingToDoIt
    • By GoingToDoIt 11th Feb 17, 10:37 PM
    • 428 Posts
    • 2,988 Thanks
    GoingToDoIt
    I've just ordered another £40'shop from Mr T. I had one day left on my free delivery trial.
    I bulk bought a few heavy/difficult to find items which will keep. It doesn't really fir with Marie Kondo "buy just what you need" but then again she doesn't have chronic fatigue. And live in flats with no lift.
    A year's worth of washing detergent I've got now, to go with all the toilet roll! But there's never a time you don't need it, is there? I probably won't need to shop, apart from fresh fruit and veg, for a few weeks now.
    Have 13 items listed on the bay, one has already sold
    Apr 16 Total cc 0% debt £8364/3680 updated 23 July 17
    • Orange Ena
    • By Orange Ena 11th Feb 17, 11:06 PM
    • 1,196 Posts
    • 3,105 Thanks
    Orange Ena
    Well done on you side hustles gonna, they definitely help to offset the spends And nice one on ebay.......I've got stuff to list but I just can't be bothered.

    Going back to you reducing your payments, I think you need to live too so go for it. It may extend your dfd but just see that as more money saving practice
    Debt April 2015 - £6895.44 Debt April 2017 - £2500 May - £1455 July - £1020
    CHEFS challenge (Cruise Holiday Entirely Funded by Surveys) - £225.55
    Every penny is a prisoner
    • GoingToDoIt
    • By GoingToDoIt 12th Feb 17, 3:01 PM
    • 428 Posts
    • 2,988 Thanks
    GoingToDoIt
    Thanks Ena. I think I'm changing my point of view which has been to get it all paid back asap. I don't think I can pay it at that rate. And fortunately for me, I don't have to
    I'm going to keep going at it hardcore until Halifax is paid in full, mid-June. Then I'm going to decide how to tackle v!rgin, it will have 2900 and 15 months which could be 193 per month. Or I might just reduce down to £100 per month. I can always balance transfer it again when the time comes. It feels a bit uncomfortable, but I do need to have a life! I need to dress semi decent in my job if not in my personal life. I would like to go on holiday next year. And I'll have a "manageable" amount of debt at 3k or less, on one card.
    Bay of e all listed and live, I'd forgotten that the fun part is seeing things added to watch lists, and selling! Don't enjoy the wrapping and posting though. Happy Sunday!
    Apr 16 Total cc 0% debt £8364/3680 updated 23 July 17
    • GoingToDoIt
    • By GoingToDoIt 14th Feb 17, 8:33 PM
    • 428 Posts
    • 2,988 Thanks
    GoingToDoIt
    Clucking washing machine has packed up
    3.5 years old ffs! I'm not very happy about this, as you can tell.
    I've ordered a replacement via tcb.
    The replacement will cost £325. I opted for a "slightly" pricier replacement given that this is my 3rd in 9 years.
    Rdf is at £115, plus tomorrow is payday so 30 to go in, still only £145 so quite a big shortfall there to cover. I feel really sad that the rdf is back down to nil.
    Apr 16 Total cc 0% debt £8364/3680 updated 23 July 17
    • GoingToDoIt
    • By GoingToDoIt 18th Feb 17, 11:13 AM
    • 428 Posts
    • 2,988 Thanks
    GoingToDoIt
    The rollercoaster continues
    Fixed the washing machine
    Ordered a new one from ayyy ohhh but when they came to deliver it, they said they couldn't disconnect the old one as there was water running. Then identified a valve which needed replacing.
    I then investigated this valve, turned it a few times, noticed that the running water sound stopped. Turned the machine on and hey presto it's working
    So the replacement has been cancelled, I just need to wait for the refund to come through then the rdf can get it's £145 back and I won't have to live on bread and marg this month
    And much love to ayyy ohhh who let me cancel without any hassle. I've used them a few times and always been pleased with them.
    This month, Feb, which just started for me on 15th, is of course the shortest month of the year and so I'm going to have a good go at having NSD's. For this I will exclude travel as I have to pay that daily, but I really don't need much shopping. I will have three meals out, costing around £70 apart from that I want to see if I can just spend £10 per week. Let's find out!!!
    Apr 16 Total cc 0% debt £8364/3680 updated 23 July 17
    • GoingToDoIt
    • By GoingToDoIt 18th Feb 17, 11:28 PM
    • 428 Posts
    • 2,988 Thanks
    GoingToDoIt
    Spent plenty today. Ys cakes 60p for 6, one eaten and the rest halved, wrapped, bagged labelled and frozen
    Also bought a milkshake as a treat, and some syrup. Total spend £5.
    The bay bids are closed, I made £32 squids
    Last edited by GoingToDoIt; 19-02-2017 at 9:49 AM.
    Apr 16 Total cc 0% debt £8364/3680 updated 23 July 17
    • Poor_Single_lady
    • By Poor_Single_lady 19th Feb 17, 9:09 AM
    • 947 Posts
    • 3,436 Thanks
    Poor_Single_lady
    Your freezer sounds like mine! I have a lot of post-its noting the date and what it is. I meant to run it down and defrost but that hasn't happened. I think there is probably 2 months worth of meals in mine which will be handy.
    I buy all my loo roll in bulk as well. when my mum takes me to Tesco she can't understand why I want 32 loo rolls but I can't run out if I can't drive and you will always need them.
    Good luck with your plan of living a bit more. The concerts at Hyde park are really impressive.
    2017- 5 credit cards plus loan
    Overdraft And 1 credit card paid off.

    2018 plans - reduce debt
    • GoingToDoIt
    • By GoingToDoIt 19th Feb 17, 6:56 PM
    • 428 Posts
    • 2,988 Thanks
    GoingToDoIt
    PSL I often think that if my place was a restaurant, the menu du jour would be headed with "from the freezer" in the style of restaurants that head up their salad choices with "from the garden"
    Anyway veggie frozen food fans, exciting news, qu0rn fishless fingers are back!!!
    Impulse sold £13 worth of stuff to mus!cmagpie today, so £45 made this weekend! Also an NSD today.
    Apr 16 Total cc 0% debt £8364/3680 updated 23 July 17
    • GoingToDoIt
    • By GoingToDoIt 22nd Feb 17, 9:51 PM
    • 428 Posts
    • 2,988 Thanks
    GoingToDoIt
    No NSD's this week, have needed something every day...
    Hit the magic £20 on inbox£s so cheque requested. Swaggy is at 700 points. Had to give up on shop and scan which was a shame. Am concentrating on trying to get a focus group, doing lots of applications but no luck yet.
    Apr 16 Total cc 0% debt £8364/3680 updated 23 July 17
    • GoingToDoIt
    • By GoingToDoIt 24th Feb 17, 10:37 PM
    • 428 Posts
    • 2,988 Thanks
    GoingToDoIt
    Crazy flurry of swaggy bucks, credited 1500 from November! Sadly it seems it will be slow to cash out as I now have to confirm my ID via post in order to have a PayPal reward. I'm not keen on amazing or other vouchers, I really like cash!

    Work contract has been extended until October which is good news

    Still doing a lot of tidying and sorting. Have got a few more things for the bay but will list them in a few weeks. I've done really well this month in extra earnings already, will leave it until I'm really bored in a few weeks

    I did a bit of a bank audit. I cancelled my @amex and one mbn@ card as well as a fd cc, three empty cc's gone as well as a couple of plastic loyalty points cards for shops I rarely use.

    It felt a bit scary closing down credit but I can always apply for a card if I need to. I only ended up with so many because of the debt, the debt has been repaid so I don't need them. I only realised from reading the MSE site that having "too many" cards open can also be a fraud risk. So less paper, less admin etc it's all positive!

    I need to re-organise my bank accounts a bit. My elec supplier will change in March so I'm going to wait a few weeks. Also got my new rent statement from April, increase of £20 per month so I may as well wait for April when things are settled.
    Last edited by GoingToDoIt; 26-02-2017 at 1:57 PM.
    Apr 16 Total cc 0% debt £8364/3680 updated 23 July 17
    • GoingToDoIt
    • By GoingToDoIt 27th Feb 17, 9:49 PM
    • 428 Posts
    • 2,988 Thanks
    GoingToDoIt
    £5!!!!
    I won £5 I won £5
    I'm soooooo happy
    I won on the inbox£ spiny wheel! And to be fair I'm extremely dedicated to that wheel but I only ever win pennies and I just won a fiver!!!!
    Cashed out days ago and already back up to £6 whoop whoop
    Apr 16 Total cc 0% debt £8364/3680 updated 23 July 17
    • GoingToDoIt
    • By GoingToDoIt 3rd Mar 17, 11:40 PM
    • 428 Posts
    • 2,988 Thanks
    GoingToDoIt
    £10 cashed out from swaggy
    £6 cashed out from p!necone
    £15 confirmed but not payable yet on tcb
    All manner of carp bought this week, food, toiletries, coffees. The budget hasn't been blown but thank goodness it's a short month and less than two weeks until payday.
    Have squirrelled £30 for meal out next weekend.
    RDF is at £180
    Holiday saver is at £30
    Contact lens is exactly on target
    Bday and xmas fund is at £290 so xmas is nearly paid for but birthday season starts next week
    Apr 16 Total cc 0% debt £8364/3680 updated 23 July 17
    • GoingToDoIt
    • By GoingToDoIt 5th Mar 17, 10:35 PM
    • 428 Posts
    • 2,988 Thanks
    GoingToDoIt
    A bit more shopping at Leidl what can I say, it started to rain and I needed shelter!
    The new year bills are coming through...water, no change, rent up £20 per month, elec down from 72 to 33. Plus some weird misses with the money pots.
    The birthday fund owes the rdf £20. That £20 is sitting with £36 pound in fd also owed to rdf from credit card (overpaid cc due to cancelled washing machine)
    The hair fund owes the credit card £16.50
    The co-op bank acct has £72 (as no elec was taken because I'm over £80 in credit) but cannot be moved in case it's needed and does actually come out later on
    The rdf lent the hfax account £40 in case electric comes out

    March is the worst finance month! I'm like an inefficient government department invoicing other departments for photocopying. My pots of money are driving me potty
    Last edited by GoingToDoIt; 06-03-2017 at 11:19 PM.
    Apr 16 Total cc 0% debt £8364/3680 updated 23 July 17
    • Orange Ena
    • By Orange Ena 5th Mar 17, 10:48 PM
    • 1,196 Posts
    • 3,105 Thanks
    Orange Ena
    It comes in.....it goes out.......

    You sound like you know what should be where in your pots so that's good

    Excellent news on your work contract, the £5 win, and all the cashing out. It's adding up.

    Have a great week
    Debt April 2015 - £6895.44 Debt April 2017 - £2500 May - £1455 July - £1020
    CHEFS challenge (Cruise Holiday Entirely Funded by Surveys) - £225.55
    Every penny is a prisoner
    • GoingToDoIt
    • By GoingToDoIt 10th Mar 17, 10:10 PM
    • 428 Posts
    • 2,988 Thanks
    GoingToDoIt
    Not a lot happening...a fair amount of overspending. V!rgin had a seat sale so I bought a couple of return trips which I had not yet saved up for, but then again were very cheap. A mega splurge at the cheap shop on all sorts of things that I needed - £17 spent!
    Apr 16 Total cc 0% debt £8364/3680 updated 23 July 17
    • GoingToDoIt
    • By GoingToDoIt 13th Mar 17, 10:55 PM
    • 428 Posts
    • 2,988 Thanks
    GoingToDoIt
    Blooming heck. My spend on London transport is around £77 for the month. A monthly travel card is over £140 so I have saved almost half
    Short boring month so would expect to come in at £90-100 max in future.
    Edited to add

    A busy morning faffing with bank accounts. Have finally got around to setting up standing orders to automate the cash flow between accounts and in to pots. I was doing it all manually in the last few years because my earnings have been so unreliable. Now I have a goiod 6 months of stability I can set it up to run itself. It will still need a tweak after April payday due to new bills, pay rise etc.

    I also deleted some old direct debits such as to cc's which I closed down the other week. My payments screen is less crowded now. Just sent my electric readings to new supplier. Lots of life admin...not exciting...but once it's set up I can sit back and relax (I hope!) already feeling the benefit of just having the dibs card and no others to worry about. Looking forward to that day when hfax is paid off and closed

    Inspired by Orange Ena, I added £30 of earnings to my holiday fund rather than the rdf.
    Last edited by GoingToDoIt; 14-03-2017 at 10:54 AM.
    Apr 16 Total cc 0% debt £8364/3680 updated 23 July 17
    • GoingToDoIt
    • By GoingToDoIt 15th Mar 17, 8:41 PM
    • 428 Posts
    • 2,988 Thanks
    GoingToDoIt
    This must have happened before at some point...I got paid and my account was already in credit! I finished the month with 6.99 unspent!

    ETA

    So far the automated money moving is going well, but one payment I prefer to make myself is the hfax cc...just paid £200 which means I'm now past the halfway mark on my repayments wooohooo half way to debt free and I have savings....it's a miracle
    Last edited by GoingToDoIt; 16-03-2017 at 8:08 AM.
    Apr 16 Total cc 0% debt £8364/3680 updated 23 July 17
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