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  • FIRST POST
    • louby40
    • By louby40 17th Jun 16, 7:57 AM
    • 1,083Posts
    • 3,011Thanks
    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 PAID
    £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
    £6500 bank of mum and dad PAID

    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 Aldi 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; 15-08-2017 at 10:04 AM.
    Parent loan PAID IN FULL Sealed Pot Challenge 10 #572
    Emergency fund £100/£1000. Christmas savings £400/£600 Car maintenance £100/600
    Kitchen July £12,493 OCT £10,993. 12% paid off
    Barclaycard £389
    Car loan £3084 Mortgage £95,807
    TOTAL DEBT = £110,273
Page 30
    • louby40
    • By louby40 16th Sep 17, 12:31 PM
    • 1,083 Posts
    • 3,011 Thanks
    louby40
    Can't believe I've been back at work for 2 weeks already! Work is good but tiring!

    Money was going well until my 14 yr old said he had got a hole in his school shoes. He has had them a year to be fair but I think he's stopped growing so was hoping they would last. He's 6 foot and takes a size 11 shoe so I've transferred him £50 and he's going to buy some after he finishes his Saturday job today. I'm just hoping he buys sensible shoes otherwise school will be sending him home. He's very mature for his age so fingers crossed.

    In other news my 17 yr old failed his driving theory test again ( this is the third time) he keeps failing it by 1/2 marks and he's gutted. So I've told him to book it again and I'll pay. I feel so sorry for him. His dad has already bought him a car and he has over £1k for insurance that I've been saving for him through a savings bond. But it's £23 a go for the theory so not cheap.

    10 days to pay day and plenty of money to last till pay day.
    Parent loan PAID IN FULL Sealed Pot Challenge 10 #572
    Emergency fund £100/£1000. Christmas savings £400/£600 Car maintenance £100/600
    Kitchen July £12,493 OCT £10,993. 12% paid off
    Barclaycard £389
    Car loan £3084 Mortgage £95,807
    TOTAL DEBT = £110,273
    • mummytogirls
    • By mummytogirls 16th Sep 17, 1:38 PM
    • 5,427 Posts
    • 16,563 Thanks
    mummytogirls
    Afternoon Louby,

    Totally agree that work is tiring!!

    Booo to DS needing more shoes... he's got bigger feet than my DH!!!!!

    Have a lovely weekend xx
    Mummytogirls x

    £23164.32 - 12/12/10
    £6936.45 - 04/09/17 - 70.99% paid off
    • louby40
    • By louby40 17th Sep 17, 3:38 PM
    • 1,083 Posts
    • 3,011 Thanks
    louby40
    Sunday already! DP got up at 7 am and started a big stew off in the slow cooker. We went out for a walk for an hour, just locally along the canal. I did quite a bit of cleaning and 3 loads of washing yesterday.

    Just finished some ironing whilst watching Narcos on Netflix.

    I've been keeping a spending diary and I'm going to start posting my weekly spends on here

    Monday - £5.80 postage costs
    Tuesday - NSD
    WeDnesday - NSD
    Thursday - £9.50 school photo
    Friday - £50.20 Aldi, £30 Petrol
    Saturday- £9.87 B & Q, £6.47 Tesco, £3.56 Morrisons, £50 DS school shoes
    Sunday - NSD

    = £165 spend for the week

    DS shoes have pushed it up. Hopefully next week will be less. 9 days till payday!
    Parent loan PAID IN FULL Sealed Pot Challenge 10 #572
    Emergency fund £100/£1000. Christmas savings £400/£600 Car maintenance £100/600
    Kitchen July £12,493 OCT £10,993. 12% paid off
    Barclaycard £389
    Car loan £3084 Mortgage £95,807
    TOTAL DEBT = £110,273
    • SpekySquarehead
    • By SpekySquarehead 18th Sep 17, 8:51 AM
    • 1,655 Posts
    • 12,860 Thanks
    SpekySquarehead
    Good idea Louby, and keeps you accountable too!
    Debt Free Date: 29/09/16
    • louby40
    • By louby40 18th Sep 17, 8:42 PM
    • 1,083 Posts
    • 3,011 Thanks
    louby40
    Busy day at work, Mondays are staff meeting night so it's always a late one. Didn't get home till 5.30. Left overs for tea. I had chicken curry and DP had stew. DS went out for his tea with his friends! There we are eating leftovers and I end up giving him £10 to go towards a meal!

    If I hadn't got any kids I would be rich.

    Car booked in for MOT next Tuesday, fingers crossed it passes!

    DP says we're out on Friday as it's our third anniversary since we met!
    Parent loan PAID IN FULL Sealed Pot Challenge 10 #572
    Emergency fund £100/£1000. Christmas savings £400/£600 Car maintenance £100/600
    Kitchen July £12,493 OCT £10,993. 12% paid off
    Barclaycard £389
    Car loan £3084 Mortgage £95,807
    TOTAL DEBT = £110,273
    • mummytogirls
    • By mummytogirls 19th Sep 17, 9:36 PM
    • 5,427 Posts
    • 16,563 Thanks
    mummytogirls
    Loving that you're eating leftovers whilst DS is dining out Louby... kids! Id definitely be more rich with no kids in tow... although I was definitely more frivolous before they came along! xx
    Mummytogirls x

    £23164.32 - 12/12/10
    £6936.45 - 04/09/17 - 70.99% paid off
    • louby40
    • By louby40 21st Sep 17, 7:47 AM
    • 1,083 Posts
    • 3,011 Thanks
    louby40
    Can't believe I haven't been on here since Monday! The days are just whizzing by!

    Quite a spendy week so far. Hair appointment on Tuesday which was £37, then realised we'd run out of ink so had to order that at £25, but did get 12% TopCashback and 25% off.

    Hopefully today will be a NSD.
    Parent loan PAID IN FULL Sealed Pot Challenge 10 #572
    Emergency fund £100/£1000. Christmas savings £400/£600 Car maintenance £100/600
    Kitchen July £12,493 OCT £10,993. 12% paid off
    Barclaycard £389
    Car loan £3084 Mortgage £95,807
    TOTAL DEBT = £110,273
    • louby40
    • By louby40 24th Sep 17, 12:17 PM
    • 1,083 Posts
    • 3,011 Thanks
    louby40
    Bit of a boring weekend as we have both felt rotten with colds. We did go out for a curry on Friday which was lovely. We were home by 8pm though.

    Spends for this week are..
    Monday ~ £10 to my son
    Tuesday ~ £37 hair
    Wed ~ £25.92 printer ink
    Thur ~ NSD (8)
    Fri ~ £22 curry
    Sat ~ £40.52 Aldi. £9.04 Morrisons
    Sun ~ NSD (9)
    Total = £144.48

    Payday on Wednesday, I’m overdrawn a bit on my bills account so need to get that down but it’s with First Direct so the first £250 is free. Can’t understand how that’s happened so need to double check. My everyday spending account has £18 left in it so I’m impressed with that.

    EDF tried to lower my Direct Debit by £6 but didn’t really see the point with that so asked them to keep it the same.

    Savings so far
    Christmas £400
    EF £100
    Future car bills £100

    Really need to start building my EF up again.
    Parent loan PAID IN FULL Sealed Pot Challenge 10 #572
    Emergency fund £100/£1000. Christmas savings £400/£600 Car maintenance £100/600
    Kitchen July £12,493 OCT £10,993. 12% paid off
    Barclaycard £389
    Car loan £3084 Mortgage £95,807
    TOTAL DEBT = £110,273
    • louby40
    • By louby40 24th Sep 17, 4:33 PM
    • 1,083 Posts
    • 3,011 Thanks
    louby40
    Some of my surveys are getting close too now.

    I need £8.90 to get £40 on One Poll
    I need 925 to reach 5,000 and a £50 payout on You Gov
    I need £14.25 to get to £25 payout on Opinium

    Ive got £5.85 in PA and £6 in Pinecone. Pinecone sent me some cereal bars to test which was good. And I get £5 regularly every month from the Quotas Postal survey site. It soon mounts up. I just keep throwing it at my CC.

    I’ve emailed Panelbase because they keep chucking me out.
    Parent loan PAID IN FULL Sealed Pot Challenge 10 #572
    Emergency fund £100/£1000. Christmas savings £400/£600 Car maintenance £100/600
    Kitchen July £12,493 OCT £10,993. 12% paid off
    Barclaycard £389
    Car loan £3084 Mortgage £95,807
    TOTAL DEBT = £110,273
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