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  • FIRST POST
    • SpekySquarehead
    • By SpekySquarehead 15th Mar 16, 9:12 AM
    • 1,474Posts
    • 11,088Thanks
    SpekySquarehead
    It's not a lot, but it's enough
    • #1
    • 15th Mar 16, 9:12 AM
    It's not a lot, but it's enough 15th Mar 16 at 9:12 AM
    Good day to you all.

    Can I start by saying I feel a bit embarrassed about starting this diary. Not because of my debt, but because in comparison to other peoples situation I seem to be in a better position to clear it. However Iíve been considering starting a diary like this for a while as I feel itís really been getting me down, like thereís a huge black cloud following me everywhere I go. I feel I think about money Ė or more specifically my debt - all day, every day, and hopefully having a place to come and post of my attempts to reduce it will help keep my chin up and motivate me.

    A bit about me. Iím 25 and I live with my mum for now and I have a steady and comfortable paying job. I was in a relationship for 8 years and we had a joint savings account with a view to buy a place. When that relationship ended, I went off the rails. I blew my half of the savings while at the same time took out a credit card telling myself Iíll use it to increase my credit score by only using it to buy petrol and paying back at the end of every month. That didnít go to plan. I know have 2 credit cards (just recently paid off my third); Tesco Credit Card - £2,614.19 and Barclaycard - £693.88. Both of which are 0% interest for now.

    The thing is, I know that my debt is manageable. Iím not spiralling out of control with interest. I donít have a mortgage. I donít have any kids. My expenditure is relatively low. I can and I will do this!

    Although this is a Debt Free Diary, I have a view for this to become a Saving Diary once Iíve cleared these cards. I want to feel the way I felt 3 years ago with no debt and thus no worries. To be happy again.

    My plan to clear this debt was originally to still try and maintain an element of my lifestyle that got me into this mess while being sensible. At the end of each month, any remaining money in my account would be transferred to my credit cards, this is already on top of my direct debits to meet the minimum repayments. However I found that this technique gave me too long a leash and I wasnít being tight enough. This month I actually have a stag do in Amsterdam (paid for by said credit cards) and with no savings, I had to use money from this months wages for spending money, leaving me skint for the remainder of the month, but goes to show that I can stow away a large chunk at the start of the month and force me to make the sacrifices. So thatís the plan, so put away a sizeable amount at the start of each month, the day I get paid.

    Thank you for reading and appreciate the support.

    Peace and Love!
    Debt Free Date: 29/09/16
    NSD (5/15)
Page 25
    • SpekySquarehead
    • By SpekySquarehead 9th Mar 17, 8:57 AM
    • 1,474 Posts
    • 11,088 Thanks
    SpekySquarehead
    Morning all,

    Another viewing tonight at 6.30. I've a feeling this could be a favourite of all I've seen but I'll reserve judgement. I also arranged 3 other viewings. 2 for Saturday and 1 for next Thursday.

    I'm content with not diving in on a property. Although I'm desperate to leave the nest, I want to do it for the right property - which surprises me - as I thought I'd just take the first I seen!

    Anyway. Card payments have caught up from the weekend and things are tight for the remainder of the month. Super tight. I've only got enough money for petrol and food. I suppose that's all I need but still. Bulb has gone in my car and I can't afford to get it fixed. I'll do it when I get paid.

    Sunday is when I plan on spending next. I'll do my weekly shop and top-up in petrol. So I'll be aiming for the next 3 days to be spend free.

    Back to work! Speak tomorrow.
    Debt Free Date: 29/09/16
    NSD (5/15)
    • crazy_cat_lady
    • By crazy_cat_lady 9th Mar 17, 11:28 AM
    • 3,781 Posts
    • 26,519 Thanks
    crazy_cat_lady
    Fingers crossed. Hope the viewings go well. I do think you'll know when you see the place.
    NST May #13 NSD 6/16 RYSAW17 #1 £412.74 20p Savers #88 £1 a day for Xmas # DFD 6 Nov 15 - paid £28,447
    • Purplemumof2
    • By Purplemumof2 9th Mar 17, 12:33 PM
    • 4,445 Posts
    • 13,957 Thanks
    Purplemumof2
    Good luck with the house viewing.

    Pmo2
    x
    Official DFW Nerd Club - Member no. 791 - Proud to be dealing with my debts
    MBNA: £8000.00 Overdraft: £2750.00


    20p Savers 2017 £2 Savers 2017 50p Savers 2017 SPC 10 2017 #003
    • SpekySquarehead
    • By SpekySquarehead 10th Mar 17, 9:00 AM
    • 1,474 Posts
    • 11,088 Thanks
    SpekySquarehead
    Morning all,

    Well....

    The viewing went well, very well. I met with the owner of the flat who showed me round and the flat was really nice. The place was spotless and you could tell she'd taken good care of it the last 6 years. My mum and I approved and so asked her what she was looking for and the latest offer she's had was £93,500. My mum asked if I was to top that, would she take it off the market? To which said explained she was in no rush to leave and so probably not. Her last property had a bidding war between 4 people - so I recon she'll hope for the same again. Don't blame her.

    My step-dad wasn't able to attend last night, so I think we'll arrange a 2nd viewing on Tuesday so he can come along and give his thoughts.

    I asked her about her bills and they were as follows;

    Factor fees - £50 - £80 per quarter
    Council tax - £106 per month
    Gas & Elec - £36 per quarter
    Didn't tell what she paid for internet, phone and sky, but based on what other people pay, let's assume £60.

    Gas and electricity for £36 every 3 months?! Surely not. Again, let's assume she means every month. Couple the above bills with calculations on mortgages at a 10% deposit, then it's doable and comes under my planed monthly expenditure of £750.

    Determined not to get overly excited. I've only seen the place for 30 minutes for goodness sake. I've 2 viewings tomorrow so I might prefer them, we'll see.

    Speaking of the weekend. I'm hoping to spend as little as possible. Rugby on Saturday and the Old Firm on Sunday means I've got an excuse. Need to get petrol and food on Sunday for the week ahead though.

    I'm trying to think of the cheapest way to eat lunch and dinner for 7 days on low-carb. I recon soup for lunch and an omelette for dinner, so I recon I'll try that and see how much my bill comes to.

    Anyway, I'll check back in on Saturday post-viewings and let you know how things go.

    Happy Friday.
    Debt Free Date: 29/09/16
    NSD (5/15)
    • crazy_cat_lady
    • By crazy_cat_lady 10th Mar 17, 10:24 AM
    • 3,781 Posts
    • 26,519 Thanks
    crazy_cat_lady
    Well it's good that you've seen somewhere that you like so you're on the right track. Hope the rest of the weekend viewings go well.
    NST May #13 NSD 6/16 RYSAW17 #1 £412.74 20p Savers #88 £1 a day for Xmas # DFD 6 Nov 15 - paid £28,447
    • SpekySquarehead
    • By SpekySquarehead 10th Mar 17, 3:24 PM
    • 1,474 Posts
    • 11,088 Thanks
    SpekySquarehead
    Phoned and arranged 2nd viewing for Tuesday, 6.30pm.

    Also got a mortgage in principle after following the guide on here, so feeling much more comfortable with the situation.

    The adviser done some sums over the phone and the monthly payments would come in at around £400 per month. £100 less than what I was budgeting for. All looking good so far.
    Debt Free Date: 29/09/16
    NSD (5/15)
    • Chandelier.
    • By Chandelier. 10th Mar 17, 3:58 PM
    • 214 Posts
    • 513 Thanks
    Chandelier.
    That's brilliant Speky in regards to the viewings and all sounds positive. Here's hoping that the next viewing is just as good!
    • SpekySquarehead
    • By SpekySquarehead 13th Mar 17, 8:52 AM
    • 1,474 Posts
    • 11,088 Thanks
    SpekySquarehead
    Morning all,

    The 2 flats I viewed on Saturday have quickly been binned. The first was a tiny 1 bed and the 2nd was in a horrid area. Nothing lost anyway. I spent Saturday night sitting in the house, behaving, while my friends were out. I had a cup of tea in my hand watching Ant & Dec and had a look at myself and realised, I've changed hahaha.

    Yesterday, I didn't do much. Got my shopping and petrol, bit of exercise, family dinner and cleaned up.

    Back to it today. Usual Monday for me. Gym this morning, work, homemade soup for lunch, omelette for dinner, badminton and an early night.

    2nd viewing tomorrow in which I think I'll tell they owner of my serious interest. More I think about it, the more I think it's the right one. Anyway, no point in getting too excited just now.
    Debt Free Date: 29/09/16
    NSD (5/15)
    • VelvetFreak
    • By VelvetFreak 13th Mar 17, 10:11 AM
    • 89 Posts
    • 222 Thanks
    VelvetFreak
    Glad to hear the house hunting is going well for the moment. Hope tomorrow works out in your favour
    Family Loan $4510/$8000 = -$3490
    Emergency Fund $1575/$10,000
    Mini Cash Savings = $10/$100
    • SpekySquarehead
    • By SpekySquarehead 14th Mar 17, 8:43 AM
    • 1,474 Posts
    • 11,088 Thanks
    SpekySquarehead
    Morning all,

    Yesterday was a NSD as planned. Nothing terribly exciting happened.

    Today will be a NSD too. I've brought homemade soup with me for lunch and I'll have an omelette tonight for dinner.

    I'm meeting my step-dad at the potential flat at 6.30 for this 2nd viewing. We spoke last night and I think I'll go for it, so some negotiating with the owner tonight hopefully. I'll be sure to update you all on how it goes.

    Have a nice day all.
    Debt Free Date: 29/09/16
    NSD (5/15)
    • crazy_cat_lady
    • By crazy_cat_lady 14th Mar 17, 2:29 PM
    • 3,781 Posts
    • 26,519 Thanks
    crazy_cat_lady
    Fingers crossed for you Speky - I hope that you love it and can negotiate a bargain.
    NST May #13 NSD 6/16 RYSAW17 #1 £412.74 20p Savers #88 £1 a day for Xmas # DFD 6 Nov 15 - paid £28,447
    • SpekySquarehead
    • By SpekySquarehead 15th Mar 17, 8:57 AM
    • 1,474 Posts
    • 11,088 Thanks
    SpekySquarehead
    G'morning all.

    The viewing yesterday was great. My step-dad said the flat was perfect and agreed with me that I should formally declare my interest and bid!! So excited. The lady who lives there has clearly taken good care of it for the last 4 years and it ticks all the boxes and more.

    I've arranged a call at 1pm with the mortgage brokers who gave the cheapest quote to organise a solicitor which I'll need to make a bid.

    I've not stopped thinking about the flat and what I can do with it. Not that it needs much, it truly doesn't, but things like colour schemes etc. I've a few boards on Pinterest with various ideas. I'm just super excited.

    Anyway. Need to stop getting ahead of myself. Not even put the bid in never mind it being accepted!!

    So that was me last night. Apart from that I didn't do too much. I had a relatively early night due to the early rise this morning for the gym. I've got football tonight which will ruin my NSD but that's all.

    Keep you all posted
    Debt Free Date: 29/09/16
    NSD (5/15)
    • joeyjimbles
    • By joeyjimbles 15th Mar 17, 12:16 PM
    • 1,561 Posts
    • 7,458 Thanks
    joeyjimbles
    Very exciting for you - though do try (and I only mean try as its difficult) not to pin all your hopes on it just in case things aren't meant to be.
    When we bought one of our flats we felt that there was hardly anything that we'd need to do to it - big shock when we moved in and saw what their apparently pristine decor looked like without their furniture, pictures etc against it. I think I had the wallpaper off the living room by the next lunchtime! Taught me a lesson and now I assume that everywhere we move to will require decorating, though not necessarily within 48hours.
    • SpekySquarehead
    • By SpekySquarehead 15th Mar 17, 12:24 PM
    • 1,474 Posts
    • 11,088 Thanks
    SpekySquarehead
    Hey Joey

    That's a fair point. The biggie (I think) tends to the carpets, as they can be expensive (I think), so I paid close attention to them yesterday and they seemed in very good condition. Very warm, thick and comfortable.

    I plan on taking a week off whenever I get the keys to my first home to decorate. Fresh lick of paint and organise things. Hopefully I'll have furniture to build and things to organise etc, so I do plan on doing a bit of decorating.
    Debt Free Date: 29/09/16
    NSD (5/15)
    • Purplemumof2
    • By Purplemumof2 15th Mar 17, 12:56 PM
    • 4,445 Posts
    • 13,957 Thanks
    Purplemumof2
    Exciting stuff, that's great news
    Official DFW Nerd Club - Member no. 791 - Proud to be dealing with my debts
    MBNA: £8000.00 Overdraft: £2750.00


    20p Savers 2017 £2 Savers 2017 50p Savers 2017 SPC 10 2017 #003
    • louby40
    • By louby40 15th Mar 17, 4:14 PM
    • 883 Posts
    • 2,309 Thanks
    louby40
    Ooo how exciting! Please let us know how it goes with the bid
    Parents£585 DF July 17 Sealed Pot Challenge 10 #572 Debt free by Xmas(july) 17 #32 £2857/£3442
    Car loan £4024. Mortgage £97,770
    • crazy_cat_lady
    • By crazy_cat_lady 15th Mar 17, 8:46 PM
    • 3,781 Posts
    • 26,519 Thanks
    crazy_cat_lady
    All of my carpets have been remnants and end of roll, which is a way better deal than the full price stuff.
    So pleased you like the place, and I hope that it all works out for you.
    NST May #13 NSD 6/16 RYSAW17 #1 £412.74 20p Savers #88 £1 a day for Xmas # DFD 6 Nov 15 - paid £28,447
    • SpekySquarehead
    • By SpekySquarehead 16th Mar 17, 8:52 AM
    • 1,474 Posts
    • 11,088 Thanks
    SpekySquarehead
    Hi everyone,

    Well after my call with the mortgage broker, they quickly put me in touch with a local solicitor who sent me a quote which was cheaper than I could find elsewhere at £767.00. I accepted and said I'd like to proceed and officially made a bid on the property!!!!!

    The house is being sold by Purple Bricks, who operate differently from most other estate agents. So I had to make the bid through their website, was really simple to do though. Last night, after football, I received a message from the seller asking when I would be looking to move in (which I take as a good sign). I replied saying I was happy to work around her because she hasn't found a home to buy for herself yet.

    Checked again this morning and the offer is still classed as "being considered", so I'll update you if and when it's accepted/rejected.

    Apart from that excitement yesterday. I had football which should've cost me £3.50 but I forgot my wallet, so I got a NSD but I'll pay double next week.

    Gym this morning and it was leg day. My god I'm knackered. Walking like John Wayne.

    Anyway, must get back to it. Hopefully I'll be back on soon with good news.
    Debt Free Date: 29/09/16
    NSD (5/15)
    • joeyjimbles
    • By joeyjimbles 16th Mar 17, 12:32 PM
    • 1,561 Posts
    • 7,458 Thanks
    joeyjimbles
    Fingers crossed for you.
    Don't forget Topcashback for everything that you need to do with insurance etc - you even get paid for doing the comparisons.
    • SpekySquarehead
    • By SpekySquarehead 17th Mar 17, 9:04 AM
    • 1,474 Posts
    • 11,088 Thanks
    SpekySquarehead
    Morning everyone,

    Welllll......

    IT WAS ACCEPTED!!

    I had a phone call yesterday from Purple Bricks to tell me the seller has decided to take my offer and they'll change the listing to "under offer". Due to technical difficulties, I won't get emails/updates until later this morning which I'll be glad to see.

    Hasn't sunk in yet. Can't imagine it but I'm sooo looking forward to it. Wish I had a bit more money to furnish the place though. I think Ikea will be my friend.

    It may sound cheesy but I'd like to repeat something I said when I became debt free last year; thank you to each of you who visit this thread, read and post. It helps keep me accountable and gives me motivation, so thank you all so very much.

    Exciting times.
    Debt Free Date: 29/09/16
    NSD (5/15)
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