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  • FIRST POST
    • SpekySquarehead
    • By SpekySquarehead 15th Mar 16, 9:12 AM
    • 1,788Posts
    • 14,094Thanks
    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
Page 39
    • crazy_cat_lady
    • By crazy_cat_lady 8th Jan 18, 1:18 PM
    • 3,414 Posts
    • 29,238 Thanks
    crazy_cat_lady
    Hey Speky
    Pleased that you're on the mend and feeling ready to tackle 2018. Today is the first one for me too - I'm back at work and really feel like getting stuff done. I'm sure that won't last, but I'm making the most of it for now.
    DFD 6 Nov 15 - paid £28,447
    • SpekySquarehead
    • By SpekySquarehead 9th Jan 18, 9:14 AM
    • 1,788 Posts
    • 14,094 Thanks
    SpekySquarehead
    Hey Speky
    Pleased that you're on the mend and feeling ready to tackle 2018. Today is the first one for me too - I'm back at work and really feel like getting stuff done. I'm sure that won't last, but I'm making the most of it for now.
    Originally posted by crazy_cat_lady
    Yes, I too am sure it won't last! Lets agree to take advantage of it while it lasts.

    Football last night was cancelled, so stayed later in work and then went to the SM for my weekly shop. No plans this evening other than a bit of housework. Woke up this morning to a coldsore, so I had to visit the SM today and get some cream which has scuppered my NSD - Damn!
    Debt Free Date: 29/09/16
    • SpekySquarehead
    • By SpekySquarehead 12th Jan 18, 9:07 AM
    • 1,788 Posts
    • 14,094 Thanks
    SpekySquarehead
    Morning all,

    Not much to report this week. No abnormal spends which is good. Tomorrow though could be a different story as I have to put my old car in for an MOT and I think it'll cost me quite a bit - dreading it.

    I've also a few other errands to run, including visiting the butchers to bulk buy my chicken. I think I got 5 kilo before and it lasted me 3 months.

    I'll be keeping my head down for the majority of this month to avoid spending. We'll soon see if that comes to fruition.

    Have a good weekend everyone.
    Debt Free Date: 29/09/16
    • louby40
    • By louby40 12th Jan 18, 6:53 PM
    • 1,258 Posts
    • 3,484 Thanks
    louby40
    I’m being extra frugal Speky too this month - although had to buy my son some school trousers as he split them all the way up the backside! Boys!!!
    Parent loan PAID IN FULL
    Emergency fund £1159/£1000. Christmas savings £150/£600 Car maintenance £176/600
    Kitchen July £12,493 JAN £9,493
    Barclaycard £1000
    Car loan £2490 Mortgage £94,593
    TOTAL DEBT (with mortgage) = £ (without mortgage) = £
    • SpekySquarehead
    • By SpekySquarehead 15th Jan 18, 8:55 AM
    • 1,788 Posts
    • 14,094 Thanks
    SpekySquarehead
    Louby - I done that many a time. Also was bad for tearing at the knees from sliding on them playing football. It's fun at the time.

    My old car went in for it's MOT on Saturday and I received news that it needed some work done - unfortunately. Really grudge paying for this as I'll never drive the bloody thing, just bad timing.

    Aside from that, a fairly inexpensive weekend thankfully. Made my meal plan for the week ahead and got my shopping in. Shouldn't have any other unexpected spends until the weekend and even at that, I'm hoping they are few and far between.

    Have a good week everyone
    Debt Free Date: 29/09/16
    • SpekySquarehead
    • By SpekySquarehead 18th Jan 18, 9:03 AM
    • 1,788 Posts
    • 14,094 Thanks
    SpekySquarehead
    Morning all,

    Not much to report from my end.

    The MOT payment was £240, which will leave me short for the month. Some adjusting needed.

    My step-bro and his wife are coming on Friday for Dinner. How very grown up. Feel's like such an adult thing to do. Anyway, I'm making chilli. An easy option and from a money perspective, aint too expensive to pull together.

    No plans this evening although I'll try to be productive in some way or another.
    Debt Free Date: 29/09/16
    • CP2016
    • By CP2016 19th Jan 18, 7:33 AM
    • 102 Posts
    • 251 Thanks
    CP2016
    I like doing chilli, it's a good option for an informal meal since it will wait around until everyone is ready to eat. I usually serve it with jacket potatoes as they'll wait around too. Enjoy being a grown up
    ďHave nothing in your house that you do not know to be useful, or believe to be beautiful.Ē
    Wiliam Morris
    • crazy_cat_lady
    • By crazy_cat_lady 19th Jan 18, 9:44 AM
    • 3,414 Posts
    • 29,238 Thanks
    crazy_cat_lady
    I haven't had chilli for months and I love it. Might make it this weekend to try and decongest. Enjoy!
    DFD 6 Nov 15 - paid £28,447
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