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  • FIRST POST
    • louby40
    • By louby40 17th Jun 16, 7:57 AM
    • 1,159Posts
    • 3,167Thanks
    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 now £250 Oct 17
    £5500 left on my car loan (ends in Jan 2019) now £3084 Oct 17
    £106,000 mortgage at £600 pm now £95,805 Oct 17
    £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; 29-10-2017 at 3:56 PM.
    Parent loan PAID IN FULL Sealed Pot Challenge 10 #572
    Emergency fund £670/£1000. Christmas savings £450/£600 Car maintenance £50/600
    Kitchen July £12,493 OCT £10,493. 18% paid off
    Barclaycard £233
    Car loan £2890 Mortgage £95,391
    TOTAL DEBT (with mortgage) = £109,024 (without mortgage) = £13,633
Page 30
    • louby40
    • By louby40 16th Sep 17, 12:31 PM
    • 1,159 Posts
    • 3,167 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 £670/£1000. Christmas savings £450/£600 Car maintenance £50/600
    Kitchen July £12,493 OCT £10,493. 18% paid off
    Barclaycard £233
    Car loan £2890 Mortgage £95,391
    TOTAL DEBT (with mortgage) = £109,024 (without mortgage) = £13,633
    • mummytogirls
    • By mummytogirls 16th Sep 17, 1:38 PM
    • 5,621 Posts
    • 17,920 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
    • 1,159 Posts
    • 3,167 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 £670/£1000. Christmas savings £450/£600 Car maintenance £50/600
    Kitchen July £12,493 OCT £10,493. 18% paid off
    Barclaycard £233
    Car loan £2890 Mortgage £95,391
    TOTAL DEBT (with mortgage) = £109,024 (without mortgage) = £13,633
    • SpekySquarehead
    • By SpekySquarehead 18th Sep 17, 8:51 AM
    • 1,735 Posts
    • 13,593 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
    • 1,159 Posts
    • 3,167 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 £670/£1000. Christmas savings £450/£600 Car maintenance £50/600
    Kitchen July £12,493 OCT £10,493. 18% paid off
    Barclaycard £233
    Car loan £2890 Mortgage £95,391
    TOTAL DEBT (with mortgage) = £109,024 (without mortgage) = £13,633
    • mummytogirls
    • By mummytogirls 19th Sep 17, 9:36 PM
    • 5,621 Posts
    • 17,920 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
    • 1,159 Posts
    • 3,167 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 £670/£1000. Christmas savings £450/£600 Car maintenance £50/600
    Kitchen July £12,493 OCT £10,493. 18% paid off
    Barclaycard £233
    Car loan £2890 Mortgage £95,391
    TOTAL DEBT (with mortgage) = £109,024 (without mortgage) = £13,633
    • louby40
    • By louby40 24th Sep 17, 12:17 PM
    • 1,159 Posts
    • 3,167 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 £670/£1000. Christmas savings £450/£600 Car maintenance £50/600
    Kitchen July £12,493 OCT £10,493. 18% paid off
    Barclaycard £233
    Car loan £2890 Mortgage £95,391
    TOTAL DEBT (with mortgage) = £109,024 (without mortgage) = £13,633
    • louby40
    • By louby40 24th Sep 17, 4:33 PM
    • 1,159 Posts
    • 3,167 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 £670/£1000. Christmas savings £450/£600 Car maintenance £50/600
    Kitchen July £12,493 OCT £10,493. 18% paid off
    Barclaycard £233
    Car loan £2890 Mortgage £95,391
    TOTAL DEBT (with mortgage) = £109,024 (without mortgage) = £13,633
    • SpekySquarehead
    • By SpekySquarehead 26th Sep 17, 9:03 AM
    • 1,735 Posts
    • 13,593 Thanks
    SpekySquarehead
    I think you're doing extremely well Louby. And good to keep yourself right and accountable by posting weekly expenditure, might start doing the same actually.

    Hope you're feeling better soon.
    Debt Free Date: 29/09/16
    • louby40
    • By louby40 28th Sep 17, 8:53 PM
    • 1,159 Posts
    • 3,167 Thanks
    louby40
    Well my car passed its MOT - phew, it’s always a relief when it passes.

    I’ve paid £100 towards a health spa I regularly stay at during Feb half term, me and my 2 cousins plus a friend have gone every year for the past 10 years, we actually missed this year because of varying circumstances but we’ve booked for next February so the deposit needed paying. It’s a great couple of days away.

    We’ve been eating out of the freezer all week, left over chilli, pasta and cottage pie - we now have our cupboard full of plastic tubs again too.

    Payday came and everything got sorted and paid. I’ve even paid for my car insurance in FULL for the year AND earnt myself £50 TopCashback too. I’m waiting for £70 to clear through TopCashback too from changing energy companies. So with that and a few surveys paying out I’m looking at £210 payout - not bad. Just need to be patient whilst it all slowly comes to fruition.

    Friday tomorrow. Yay!
    Parent loan PAID IN FULL Sealed Pot Challenge 10 #572
    Emergency fund £670/£1000. Christmas savings £450/£600 Car maintenance £50/600
    Kitchen July £12,493 OCT £10,493. 18% paid off
    Barclaycard £233
    Car loan £2890 Mortgage £95,391
    TOTAL DEBT (with mortgage) = £109,024 (without mortgage) = £13,633
    • SpekySquarehead
    • By SpekySquarehead 29th Sep 17, 9:48 AM
    • 1,735 Posts
    • 13,593 Thanks
    SpekySquarehead
    Fantastic on the cashback. You're becoming a fantastic example of how to box clever with cash.
    Debt Free Date: 29/09/16
    • mummytogirls
    • By mummytogirls 30th Sep 17, 9:24 PM
    • 5,621 Posts
    • 17,920 Thanks
    mummytogirls
    Yay to the car passing Louby

    Had to laugh at the tupperware comment, weve used up all our freezer stock and now have the same issue!! xx
    Mummytogirls x

    £23164.32 - 12/12/10
    £6936.45 - 04/09/17 - 70.99% paid off
    • louby40
    • By louby40 1st Oct 17, 10:48 AM
    • 1,159 Posts
    • 3,167 Thanks
    louby40
    Can't beleive it's Sunday again! Another busy week at work and a weekend filled with washing, ironing, cleaning and shopping! Not to mention some school work!

    Seem to have spent loads this week...
    Mon- NSD (10)
    Tues - £60 car MOT/ light fixed
    £100 deposit for spa
    Wed - NSD (11)
    Thur - £6 Morrisons
    £6 Boots
    £2.50 lottery (don't normally do it but found £2 in my pocket0
    Fri - NSD (12)
    Sat - £48.31 Aldi
    £30 Petrol
    £4.32 Morrisons
    £3.87 Home Bargains
    Sun - NSD (13)
    = £261 in total.

    Big spends but spa and car were budgeted for! Also proud to have paid for my car insurance in full. I used my £100 car budget savings and another £120 saved. Seemed silly to save for things and then not use it.

    My aim is to pay as much as I can up front by next summer.
    Parent loan PAID IN FULL Sealed Pot Challenge 10 #572
    Emergency fund £670/£1000. Christmas savings £450/£600 Car maintenance £50/600
    Kitchen July £12,493 OCT £10,493. 18% paid off
    Barclaycard £233
    Car loan £2890 Mortgage £95,391
    TOTAL DEBT (with mortgage) = £109,024 (without mortgage) = £13,633
    • louby40
    • By louby40 8th Oct 17, 5:13 PM
    • 1,159 Posts
    • 3,167 Thanks
    louby40
    Not been on here for a week. Mad crazy at work plus I’ve been ill with a really heavy cold and cough. I’ve felt truly rotten. Feeling a bit better today so hopefully it’s on it’s way out.

    Quite a low spend week this week

    Mon - NSD (2)
    Tues - NSD (3)
    Wed - NSD (4)
    Thur - £2.80 text book for my son
    £18 bracelet - money goes to Cancer Research
    Fri - £25 meal & drinks
    Sat - £ 51.52 Aldi
    £ 15 Farmfoods
    £2.07 Morrisons
    Sun - £4.44 Tesco
    £ 1.56 Cardfactory

    = £120.39 in total

    I’m also gutted that I can’t go on my health spa weekend. It’s been booked for the half term (that we though was the same) for my cousins School in Yorkshire, she works in School admin. My half term is the following week so I won’t be able to go. I’m so disappointed. The other 3 ladies can all go so it makes sense for me to bow out. They will either fill my space with another friend or ill get my money back. In 10 years our half terms have always been the same.

    The only positive is I’m a £100 richer.

    Not much else happening. Looking forward to half term and a couple of days in London. 2 weeks to go
    Parent loan PAID IN FULL Sealed Pot Challenge 10 #572
    Emergency fund £670/£1000. Christmas savings £450/£600 Car maintenance £50/600
    Kitchen July £12,493 OCT £10,493. 18% paid off
    Barclaycard £233
    Car loan £2890 Mortgage £95,391
    TOTAL DEBT (with mortgage) = £109,024 (without mortgage) = £13,633
    • Honeysucklelou2
    • By Honeysucklelou2 9th Oct 17, 12:20 AM
    • 512 Posts
    • 1,735 Thanks
    Honeysucklelou2
    Sorry that you've missed out on your spa day. What a shame the half terms are different. 2 weeks to go...
    paydbx #90 £475/£10,000.
    Loan £17k - paid off in Aug 2017. Home improvement loans £3342 March 2017. £3206 in Oct 17
    • crunch_time
    • By crunch_time 9th Oct 17, 8:13 AM
    • 1,027 Posts
    • 2,767 Thanks
    crunch_time
    That’s pants about the spa trip - could you treat yourself to a couple of treatments at home somewhere?

    Crunchy xx
    LBM June 2014. Original debt £23,555 vs Now £0 Paid off in April 2017. Since then lost my way a bit and then decided to move house and start a new course...
    NEW LBM: 16/9/17 NEW DEBT: £7232 Now: £7112 Paid off £120
    HMRC Savings £3222 £0 Long term savings (finally) £840
    • SpekySquarehead
    • By SpekySquarehead 9th Oct 17, 9:08 AM
    • 1,735 Posts
    • 13,593 Thanks
    SpekySquarehead
    Aw that's gutting. But as you say, there is an up side!! Will you be super organised and save the £100 for next year?
    Debt Free Date: 29/09/16
    • louby40
    • By louby40 9th Oct 17, 8:41 PM
    • 1,159 Posts
    • 3,167 Thanks
    louby40
    Speky no I’m a bit overdrawn on my bill account so I shall put it in there.

    Lots going on with work, our new head is shaking things up and it’s causing a lot of stress. Many of us are missing our old headteacher very much.

    I aren’t opposed to change at all and think it’s a good thing but it’s the way things are being done and the atmosphere it creates that’s difficult. I’ve taught at my school for 16 years which says a lot about what a great place it is to work. I’m just under 12 years from retirement and have no desire to move schools - it’s 5 minutes from where I live in a lovely rural setting.

    But I know others are keeping their ears and eyes on the job websites!
    Parent loan PAID IN FULL Sealed Pot Challenge 10 #572
    Emergency fund £670/£1000. Christmas savings £450/£600 Car maintenance £50/600
    Kitchen July £12,493 OCT £10,493. 18% paid off
    Barclaycard £233
    Car loan £2890 Mortgage £95,391
    TOTAL DEBT (with mortgage) = £109,024 (without mortgage) = £13,633
    • SpekySquarehead
    • By SpekySquarehead 10th Oct 17, 8:41 AM
    • 1,735 Posts
    • 13,593 Thanks
    SpekySquarehead
    Hope things improve Louby. Seems like you're taking work in your stride which I find is often the best approach as opposed to digging your heels in. Hope things improve for others as a bad atmosphere can soon have a huge difference.
    Debt Free Date: 29/09/16
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