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  • FIRST POST
    • louby40
    • By louby40 17th Jun 16, 7:57 AM
    • 897Posts
    • 2,448Thanks
    louby40
    Round and round the overdraft....soon to be no more
    • #1
    • 17th Jun 16, 7:57 AM
    Round and round the overdraft....soon to be no more 17th Jun 16 at 7:57 AM
    Having lurked and read quite a few diaries I thought I'd start my own. If it's down on paper then I can read back and see my progress (or not)

    My debts aren't massive but my bugbear is my overdraft as I do believe if I can get that sorted everything else will fall into place

    My debts are:

    £400-500 overdraft every month
    £970 cc (just moved to 0% which I shall pay £50-100 a month off)
    £5500 left on my car loan (ends in Jan 2019)
    £106,000 mortgage at £600 pm

    I have £150 in an emergency fund

    I'm just in the process of moving my current account to First Direct to take advantage of their £250 free overdraft service and £100 incentive to switch. I need to keep my o/d under the £250 and slowly begin to chip away.

    My over spends are having 2 very tall teenage boys who eat a lot and extra trips to the supermarket. I also treat myself to a manicure/gel polish every month.

    I'm a single mum and work as a teacher so I buy stuff for my class, extra craft bits, second hand books from Amazon, it soon mounts up.

    I also need to be stricter with my boys and refuse the £2.50 they ask for lunch everyday.

    I shop in Lidl and cook a lot from scratch - my slow cooker is my saviour!

    I need to keep a strict spending diary and stop buying unnecessary things.
    Last edited by louby40; 11-09-2016 at 3:01 PM.
    Parents£285 DF July 17 Sealed Pot Challenge 10 #572 Debt free by Xmas(july) 17 #32 £3157/£3442
    Car loan £3860. Mortgage £97,373
Page 23
    • louby40
    • By louby40 3rd Jun 17, 6:57 PM
    • 897 Posts
    • 2,448 Thanks
    louby40
    Yes we were in London Saturday and Sunday. The HP play was brilliant. Then we spent the day in Hyde Park on Sunday with a picnic and a bottle of Prosecco. It was lovely and we both caught the sun.

    We were staying in Nottinghill Hill in an Airbnb room so walked into Kensington for a meal and drinks Sunday night.

    We love London. We've been to London 11 times since we met in 2014! But it's soooo expensive! So I totally get your struggles.
    Parents£285 DF July 17 Sealed Pot Challenge 10 #572 Debt free by Xmas(july) 17 #32 £3157/£3442
    Car loan £3860. Mortgage £97,373
    • mummytogirls
    • By mummytogirls 6th Jun 17, 3:25 PM
    • 5,168 Posts
    • 15,016 Thanks
    mummytogirls
    Thinking of you today Louby xx
    Mummytogirls x

    £23164.32 - 12/12/10
    £7586.76 - 31/05/17 - 67.25% paid off
    • Honeysucklelou2
    • By Honeysucklelou2 6th Jun 17, 8:54 PM
    • 186 Posts
    • 494 Thanks
    Honeysucklelou2
    Wishing you a speedy recovery Louby.
    paydbx #90 £275/£10,000.
    365 day penny challenge £37.66/£667.95
    Loan £17k in 2012- £570 in June 2017. Home improvement loans £3342 March 2017
    • SpekySquarehead
    • By SpekySquarehead 8th Jun 17, 9:04 AM
    • 1,535 Posts
    • 11,563 Thanks
    SpekySquarehead
    Hope all went well on Tuesday
    Debt Free Date: 29/09/16
    NSD (5/15)
    • louby40
    • By louby40 10th Jun 17, 4:13 PM
    • 897 Posts
    • 2,448 Thanks
    louby40
    Hello everyone, roller coaster week! Had my operation on Tuesday, I was first down at 9am which was so good and all went well. I was home by Wednesday lunchtime and tucked up in bed.

    Since then it's just been sleeping, slowly getting more mobile and taking things slow.

    My builder messaged me the day of my operation to see if he could start the kitchen on Wednesday 14th June. After discussion with my partner we decided he might as well go ahead. I'm upstairs away from it all so it won't really affect me. But my lovely partner has been left to empty the kitchen and sort everything out - he's a diamond.
    Parents£285 DF July 17 Sealed Pot Challenge 10 #572 Debt free by Xmas(july) 17 #32 £3157/£3442
    Car loan £3860. Mortgage £97,373
    • mummytogirls
    • By mummytogirls 10th Jun 17, 4:15 PM
    • 5,168 Posts
    • 15,016 Thanks
    mummytogirls
    So good to hear from you Louby, glad all went well. Hope you haven't been in pain.

    Wow to the kitchen starting next week!!! Builder might even make you a cuppa since you can't lift the kettle

    Bless your OH, glad he's helping get the kitchen sorted xx
    Mummytogirls x

    £23164.32 - 12/12/10
    £7586.76 - 31/05/17 - 67.25% paid off
    • SpekySquarehead
    • By SpekySquarehead 12th Jun 17, 9:03 AM
    • 1,535 Posts
    • 11,563 Thanks
    SpekySquarehead
    Glad things went well. Just you take the time you need to recover. Good news with the kitchen too, you'll be glad when it's finished.
    Debt Free Date: 29/09/16
    NSD (5/15)
    • louby40
    • By louby40 22nd Jun 17, 1:48 PM
    • 897 Posts
    • 2,448 Thanks
    louby40
    Haven't been on here for ages! It's chaos in my house. We had 5 days of people ripping out the kitchen, making holes for the electrics and sorting out the plumbing etc and now we have plasterers in. Hopefully the plaster should be dry by Monday then the kitchen guys will be back to paint and start fitting the kitchen and second fix electrics.

    After that the flooring guy needs to lay the floor in the kitchen and hall. Everything is costed out and I've either borrowed (at 0%) or used savings to pay for it. It's still costing me £12k though which I plan to pay off over the next 18 months. It's a lot of money but needed doing desperately. My parents debt is almost paid off which frees up £300 a month plus my partner is giving me rent so I'm about £800 a month better off from August.

    Health wise I'm feeling ok. Still finding it hard to walk very fast - which I hate but I'm slowly getting there, it's only been 2 weeks and my GP says I'm expecting too much too soon.

    Can't wait to enjoy my new kitchen though - so exciting!
    Parents£285 DF July 17 Sealed Pot Challenge 10 #572 Debt free by Xmas(july) 17 #32 £3157/£3442
    Car loan £3860. Mortgage £97,373
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