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  • FIRST POST
    • Poor_Single_lady
    • By Poor_Single_lady 31st May 16, 2:36 PM
    • 1,103Posts
    • 4,158Thanks
    Poor_Single_lady
    Joined 31.05.16
    • #1
    • 31st May 16, 2:36 PM
    Joined 31.05.16 31st May 16 at 2:36 PM
    Day 1. 31.5.16
    I hope I am posting in the right place. I need to keep a spending diary where its not just me that sees it. I have around £14,500 in debt. This is split over 5 different lenders.

    £2450 Bankloan
    £3225 0% credit card
    £3620 0% credit card
    £2500 overdraft
    £2800 credit card 18%

    I have a lot of outgoings, live on my own (mortgage) recently had some expensive home improvements which I think were essential.

    I am slowly paying things off but one of my biggest battles is with my best friends who seem to be constantly putting pressure on me to do expensive things and get upset when i cant - making my battle twice as hard. Does anyone else have this issue or is it just me.

    My other main worry is that if my parents ever found out they would be heartbroken, I am 30 and shouldn't have let this happen. Im keeping my diary and working hard to fix. Day 1.
Page 42
    • Poor_Single_lady
    • By Poor_Single_lady 10th Jun 17, 8:52 AM
    • 1,103 Posts
    • 4,158 Thanks
    Poor_Single_lady
    Thank you Dolly. I feel like I don't have a lot of interesting things to note. But slowly things are improving and maybe eventually it won't be so painful.

    I did spend a bit on oxford street last week. but was also quite restrained and I did spend a bit on some face creams and toner but usually would have been far more and (although maybe not a need) both were on the list.

    Got a few bits for summer which is good. All my summer clothes are tired and I want to say the washing machine is shrinking them.
    i do need some clothes for life and work. And work shoes are quite worn out too.

    Might try to stay at home for a bit today. But do need food shop and some other bits.
    Going to make a plan for the 2 weeks to payday.
    2017- 5 credit cards plus loan
    Overdraft And 1 credit card paid off.

    2018 plans - reduce debt
    • coastalchick
    • By coastalchick 10th Jun 17, 9:16 AM
    • 219 Posts
    • 344 Thanks
    coastalchick
    keep going PSL. As you can see from my diary, I was in lots of debt at your age and am now (apart from mortgage(s) debt free. Also have 3 properties (albeit with mortgages but also with plenty equity) between B and I. You've bought your place which is a massive thing - it will probably go up in value over time (particularly if outskirts of london??) and as someone else said, every mortgage payment you make is like saving as you are paying back some of the capital.

    Are you on the best interest rate you can get mortgage wise? Can you look at changing that or are you fixed in?

    Keep chipping away at the debt. And if you have a bad day, week or month, don't think all is lost - a bit like a diet - take stock and start again x
    • Poor_Single_lady
    • By Poor_Single_lady 11th Jun 17, 8:22 AM
    • 1,103 Posts
    • 4,158 Thanks
    Poor_Single_lady
    I can't save any money on the mortgage. But it is slowly coming down.
    I just need to learn how to not spend money and be restrained.
    At the end of July the Loan will be £450 and this is quite motivating. (Obviously other debts come down too but not as fast as the loan as the £150 is a massive payment)
    If this amount was on 1% payment credit card the minimum payment would be £7. I hope I never have to have another loan ever as the last few months feel quite painful on this.
    Last payment date is 28th October but I plan to pay off early by 1 or 2 months so it's not here that long.
    2017- 5 credit cards plus loan
    Overdraft And 1 credit card paid off.

    2018 plans - reduce debt
    • PurpleFairy26
    • By PurpleFairy26 11th Jun 17, 8:53 PM
    • 1,918 Posts
    • 12,882 Thanks
    PurpleFairy26
    I saw on one of your earlier posts about hummus. I make this

    http://www.jamieoliver.com/news-and-features/features/best-basic-houmous-recipe/

    Except I use dried chickpeas (cook a whole bag at a time and either make it all in to hummus and freeze) or freeze the chickpeas I don't turn in to hummus and then use them in cooking or hummus at a later date. Works perfectly well, tastes nicer and so much cheaper than shop bought.

    Hope it helps a little.
    • Poor_Single_lady
    • By Poor_Single_lady 13th Jun 17, 7:34 AM
    • 1,103 Posts
    • 4,158 Thanks
    Poor_Single_lady
    Thank you very much Purple Fairy.
    I always buy it and forget to eat it. So think if I make it myself I won't forget.
    2017- 5 credit cards plus loan
    Overdraft And 1 credit card paid off.

    2018 plans - reduce debt
    • Poor_Single_lady
    • By Poor_Single_lady 13th Jun 17, 8:30 PM
    • 1,103 Posts
    • 4,158 Thanks
    Poor_Single_lady
    June is a very hard month spending-wise.
    The Sainsbury's card has gone down to £3000 and the 0% ends in September next year. When this does end I will have about £1500 still to be paid but will need to balance transfer this as the interest is just under 30%.

    Need to have a quiet rest of month.
    2017- 5 credit cards plus loan
    Overdraft And 1 credit card paid off.

    2018 plans - reduce debt
    • Dolly Rocker
    • By Dolly Rocker 14th Jun 17, 3:30 PM
    • 3,414 Posts
    • 9,766 Thanks
    Dolly Rocker
    That's plenty of time for you to organise a good switch deal to a 0%

    Dxxx
    Starting Debt - £15,000
    Remaining Debt - £1,980

    Starting Weight - 16st 7lbs
    Current Weight - 15st 3lbs
    • reality_check
    • By reality_check 15th Jun 17, 12:28 PM
    • 687 Posts
    • 1,485 Thanks
    reality_check
    You will def be able to get an interest free deal in that time Good luck with your spendy month, I am aiming for a no spend 4 weeks....not sure how this will go lol xx
    Starting debt £18,675.63
    Current debt: £8,250
    • Poor_Single_lady
    • By Poor_Single_lady 16th Jun 17, 9:44 AM
    • 1,103 Posts
    • 4,158 Thanks
    Poor_Single_lady
    A no spend 4 weeks is hard. If you put milk in the freezer, cancelled All social and planned to come home every day after work and take lunch in you might make 2 weeks and then see how you feel. Good luck with the 4 Reality. Maybe mute the adverts on telly too. That helps me. If I see something on the tv I want it!

    30% interest is quite eyewatering. I was thinking about that this week. Been exceedingly busy lately and now things are getting a bit calmer which is great.

    30% interest at £1500 is £38 a month so will need to make a plan for that. But it's a bit far off yet.
    Been more selective recently on choosing social things to go to. Had a nicer time as a result and more money so going to make sure this continues and not just going to everything I am invited to.

    I know this is my issue but getting so annoyed about all the people asking me if I am going on holiday. People have no idea how annoying this question is.
    I love clothes and cosmetics and I love living on my own so a holiday is absolutely not a priority!!
    Just feels like another pressure, but one that isn't even actually important to me, just other people telling me. Got some time off coming up and planning on reading few books, seeing family and chilling out - but no this apparently isn't good enough unless I am getting on an aeroplane! Urgh!

    On the way out of the overdraft - but slow progress.
    2017- 5 credit cards plus loan
    Overdraft And 1 credit card paid off.

    2018 plans - reduce debt
    • Poor_Single_lady
    • By Poor_Single_lady 17th Jun 17, 10:51 AM
    • 1,103 Posts
    • 4,158 Thanks
    Poor_Single_lady
    Today no alcohol.
    Minimum spending.
    No take away for tea.
    Going out quickly then home.
    Got £65 in purse and I think there is about £10 in the flat.

    Going to parents tommorow. Should be no spend day but may have glass of wine depending on day. This heat is not agreeing with me tho so may skip that too.
    Then home in the afternoon and possible No spending time with bff.
    Then just one week to payday.

    In July.
    Mbn £4550 and £3535
    San £2,900
    Halo £1800
    Lolly £1700
    Loan £600
    Last and final balance transfer £1000

    End of July loan is £450 and this is exciting. It's just over 5 weeks before this is almost gone and 4 months until minimal payments reduce to £250.

    After the loan.
    The halo is the priority- but not urgent.
    Got some time and will have some breathing space- and all at 0% for time being.

    No more social happening in July. I have 2 good events in the calendar which I am looking forward to.

    Had another frustrating conversation with a friend - she asked me to go see a band. Tickets are £80 (er no!) but also suggested going out for dinner as well. Made me instantly really angry- how many times do I need to explain about this situation. So annoyed. I feel like it's really disrespectful to keep inviting me to all these things even tho every time we speak I say I have no money!
    I think Would have been.
    Ticket £80
    Dinner- London £30?
    Drinks and food £50?
    Too much for one day and even more than my loan payment. She still won't get it tho. I'm not sure if I'm more annoyed because it is so hot and the heat makes everyone a bit more sensitive. Even though we say we love it I do personally wish it would be a bit cooler.
    2017- 5 credit cards plus loan
    Overdraft And 1 credit card paid off.

    2018 plans - reduce debt
    • Verbatim
    • By Verbatim 17th Jun 17, 11:05 AM
    • 4,513 Posts
    • 13,218 Thanks
    Verbatim
    Hi PSL
    What's the BT £1000?
    Enjoy your weekend.
    CCs @0% £24k Dec 05 £19,621.41 Au £13400 S 12600 Oct £11,981 £9481 £7500 Nov £7250 D £7100 Jan 6950 F £5800 Mar£5400 May £4830 June £4660 July £4460 Aug £3200, S £900, £0 18/9/07 DFW Nerd 042
    • Poor_Single_lady
    • By Poor_Single_lady 17th Jun 17, 11:16 AM
    • 1,103 Posts
    • 4,158 Thanks
    Poor_Single_lady
    Thanks Verbatim. I get so focused on not spending I always forget to wish everyone good weekend (and sometimes I think this is only helping me - well and sometimes it doesn't even stretch to that)

    The final BT is m and s long deal 32 months 0% But it's not 1% repayment like all the others. It seems to be 2.8%
    It's the final BT. And I won't look to do any more. Hoping when I need it - when the time arrives the card I have Paid off in full will send me a BT offer so won't need any more cards as I have a lot.
    No more loans or cards for me.
    2017- 5 credit cards plus loan
    Overdraft And 1 credit card paid off.

    2018 plans - reduce debt
    • Dolly Rocker
    • By Dolly Rocker 18th Jun 17, 4:13 PM
    • 3,414 Posts
    • 9,766 Thanks
    Dolly Rocker
    Aw PSL I am not dealing well with this heat either, feel like I am literally melting.

    Dxxx
    Starting Debt - £15,000
    Remaining Debt - £1,980

    Starting Weight - 16st 7lbs
    Current Weight - 15st 3lbs
    • Poor_Single_lady
    • By Poor_Single_lady 18th Jun 17, 6:11 PM
    • 1,103 Posts
    • 4,158 Thanks
    Poor_Single_lady
    It's horrible Dolly! Far too much and no relief for ages. I am going to ask for tommorow off work- it's very quiet right now after the business of May.

    Had very MSE weekend which shows me that I CAN DO IT when I need to. Only spent £10 in wilko on house/cleaning/bubble bath.

    1 week to payday. Resisting pub invites. Sitting at home in hardly any clothes eating ice cream and drinking water and hoping the heat will shift. Need to have a quiet week then continue once payday comes (as I have some clothes in online basket ready for payday to be bought) so need to keep an eye on spending to accommodate.

    Going to food plan a bit more. It's easier in the summer when you eat summer things but harder in winter when you get more hungry and more fussy.
    • Dolly Rocker
    • By Dolly Rocker 18th Jun 17, 7:29 PM
    • 3,414 Posts
    • 9,766 Thanks
    Dolly Rocker
    I'm just gonna have a snickers ice cream to see if that helps!

    Oh sometimes if you log in & leave stuff in your basket companies email you with a wee offer so fingers crossed!

    Dxxx
    Starting Debt - £15,000
    Remaining Debt - £1,980

    Starting Weight - 16st 7lbs
    Current Weight - 15st 3lbs
    • Poor_Single_lady
    • By Poor_Single_lady 20th Jun 17, 9:55 AM
    • 1,103 Posts
    • 4,158 Thanks
    Poor_Single_lady
    4 month Loan Plan
    28/06/17 £153.21 payment down to £600
    28/07/17 £153.21 payment down to £450
    28/08/17 £153.21 payment down to £300
    28/09/17 £153.22 payment down to £150
    30/10/17 £154.22 payment - loan paid off

    After this will reassess in the new year and work to pay off 1 of the cards.

    It's so boring paying back money. I feel like I am the most bored person on the planet.
    2017- 5 credit cards plus loan
    Overdraft And 1 credit card paid off.

    2018 plans - reduce debt
    • KxMx
    • By KxMx 20th Jun 17, 3:28 PM
    • 7,187 Posts
    • 10,078 Thanks
    KxMx
    Use that feeling in future, to prevent you overspending and getting into debt again
    • Cumbria lass
    • By Cumbria lass 24th Jun 17, 10:09 AM
    • 784 Posts
    • 3,741 Thanks
    Cumbria lass
    Hi PSL hope you are feeling cooler now .

    How is everything ticking along this week?
    Nov 2017 CC1 £3329 CC2 £600

    Debt Free Nov 2019: earlier if I have my way
    • Poor_Single_lady
    • By Poor_Single_lady 24th Jun 17, 11:53 AM
    • 1,103 Posts
    • 4,158 Thanks
    Poor_Single_lady
    Well it's not going very well Cumbria - but I am not doing anything social till Tuesday so don't need to spend any more money from bank account till payday.
    But I have spent a bit getting hair done and this month was very social.

    July is not going to be the same. Already declined 3 invites. Not sure how many more will come.
    Somehow if you work in centre of London it has become the norm to have "birthday drinks" with colleagues. These are always expensive and on top of "leaving drinks" and "team drinks" and "office drinks" and the overall culture to socialise and foster working-together-well within the office.
    The problem is the company doesn't pay for all of these and doesn't pay enough for non managers to be able to afford them all.
    Sometimes I think people I work with must have very little going on outside the office in order to be available and able to afford all of the office events. I've started going to very little and pretending to be busy.
    Some of my colleagues are real-life friends and I love them but beyond this it's mostly it's an expense I don't need.
    So avoiding all of that as far as possible.

    Payday next week.
    Loan reducing to £600 which feels really brilliant but I'm not in a position to pay off anything more as I am a bit overdrawn and need to deal with that as a priority. As much as I would like to bash away the loan as soon as possible.

    I haven't before, but I am going to give the card I have paid off to my dad. He knows me well enough to know that I am the least sensible of us with money so hopefully this won't worry him too much and won't bring on a lecture. Mostly they do say that they are here if I need them. But I can't bear to let them know about any of this. £1000 would concern them and mean they wouldn't sleep never mind £15,000.
    He might think best to not tell my Mum which is probably for the best. I just need to return a dress I am too fat for then giving to him until at least January.

    Taking lunch in next week except Thursday when I am going out with a friend but depending on weather could bring lunch in and take out rather than eat in somewhere.
    Lunch out and after work drinks are massive problem areas for me as well as buying magazines which make me believe I "can't live" a normal life without the sold-out must have beauty products which are £35 a go.
    So in today, family tommorow, work Monday lunch in, then home. Then out Tuesday night, low spend, possible no alcohol, Wednesday lunch in then home.

    Have been at home a bit watching a lot of films and telly. And all the new music from my one free music channel.
    It is so mundane and so boring paying back money.
    It's all about sticking to the rules which seriously goes against the grain.

    So going to Lidl with cash then home for the day to focus on studying which needs some serious attention.
    Trying very hard but getting there slowly.
    2017- 5 credit cards plus loan
    Overdraft And 1 credit card paid off.

    2018 plans - reduce debt
    • hannahroberts1985
    • By hannahroberts1985 24th Jun 17, 1:27 PM
    • 751 Posts
    • 1,067 Thanks
    hannahroberts1985
    Hey PSL sorry it's been a long while just caught up on this page of your diary. Glad your still moving forwards. I've been feeing a bit alone in my debt mission as I've stoped reading others diaries but needed to feel not like the only one trying so I will make an effort to check in more often.

    The holiday question is soooo annoying! I know you say you don't want one but I do I would kill for a holiday but have to keep answering with no were just trying to save right now. It's such a long and slow process paying it all back.....I guess we need to be paying off faster than we spent it so we are actually living on twice less disposable income!. Does that make sense? Can't wait for my debt free day so I can actually spend money without feeling guilt!

    Again with the event invites it's hard isn't it when you hear others off splashing the cash but for all you know they are going on cc's and one day bam they will be in the situation we are now!

    I have a bucket list and on it is be debt free (bar mortgage) so I keep reminding my self while friends are off completing their lists with gig tickets or amazing holidays etc. This is just a stage I'm in and once I have completed this check point I can carry on with the fun points on my list. We'll get there!!!

    You are soooo close to the end date on the loan! That is massive!!! Let's not wish the summer away but hurry up October!!

    Right sorry for having a random rant on your post. Keep going your doing great. Xx
    Deposit £13379 £20,000 66%
    emergency fund:£0/£1000
    Christmas fund £35.25
    B/day £0
    Noodle: me: 614 DP:576 Clear: 499 DP: 414 mse:961/61%
    Family loan £7000/£6500
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