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  • FIRST POST
    • little_miss_spendtoomuch
    • By little_miss_spendtoomuch 5th Jul 16, 12:59 PM
    • 232Posts
    • 465Thanks
    little_miss_spendtoomuch
    Must stop spending
    • #1
    • 5th Jul 16, 12:59 PM
    Must stop spending 5th Jul 16 at 12:59 PM
    Hello,

    I have been reading these threads for a few years now and been in debt most of my adult life.
    Until 2015 I was living way beyond my means and spending too much on credit cards so my debt was always increasing. In May 2015 I finally stopped and started to pay off my debt.
    In May last year my debt was at it's highest of £11685. I got a new job which helped me to make a dent and today my debt stands at £7647. Over the year I was also saving for my wedding abroad which has been and gone but I now have two more holidays booked. I know it's not sensible to go on holiday when I have debt but I need something to look forward to! My holidays just gone was the first time I have actually saved and paid for a holiday without putting it on a credit card.
    I currently pay around £300 each month dd to my 2 cards but am going to increase this to £550 a month to clear the debt sooner. I'm also putting £250-£300 a side for my two holidays. One is our honeymoon.
    I guess I'm starting this diary to keep motivated. I have been at this stage before where I want to stop spending and pay big chunks off but a few weeks later I am back where I started.
    Enough is enough now though and I want to get it cleared.
    I'm 30 and we want to move from our flat to a house and start a family.
    Really hoping that by doing this diary it will help me keep track of my spending and then I will see where those pennies disappear to each month...
Page 15
    • little_miss_spendtoomuch
    • By little_miss_spendtoomuch 9th Oct 17, 9:22 AM
    • 232 Posts
    • 465 Thanks
    little_miss_spendtoomuch
    Thank you enthusiasticsaver I've definitely changed my ways! Yeh I feel like I have cheated a bit by taking some money from savings but I will pay it back. It feels good to clear the official debt
    May 2015: £11685.56 / November 2017: £2076
    Credit card: £302
    Paid back : £700 / £2476
    • little_miss_spendtoomuch
    • By little_miss_spendtoomuch 18th Oct 17, 5:10 PM
    • 232 Posts
    • 465 Thanks
    little_miss_spendtoomuch
    I got my statement for cc1 today and for the first time in forever the balance is 0.

    0!!!!!!

    When I get paid I will clear my spending card. There's about £250 on that but my dad owes me some of it.
    So hopefully on pay day which is the last day of the month all my official debt will be clear

    Then it's just a case of paying back what I took from our savings.
    May 2015: £11685.56 / November 2017: £2076
    Credit card: £302
    Paid back : £700 / £2476
    • abba1772
    • By abba1772 18th Oct 17, 5:28 PM
    • 4,022 Posts
    • 12,331 Thanks
    abba1772
    That must be a lovely feeling seeing it at zero.........well done xx
    NEXT TARGET HALIFAX CC WAS July 17 £3572.57 NOW £4536.82
    POAMAYC 2011 £6382.66 POAMAYC 2012 £5000.78
    POAMAYC 2013 £3480.04 POAMAYC 2014 £4085.14
    POAMAYC 2015 £7565.24 POAMAYC 2016 £8000.90
    POAMAYC 2017 £6797.54 / £6000
    • Happierdays
    • By Happierdays 18th Oct 17, 6:26 PM
    • 147 Posts
    • 461 Thanks
    Happierdays
    Well done littlemiss !
    • little_miss_spendtoomuch
    • By little_miss_spendtoomuch 18th Oct 17, 9:51 PM
    • 232 Posts
    • 465 Thanks
    little_miss_spendtoomuch
    Thanks guys. I can't believe after all these years that that card is actually clear. It's always been the card with a balance transfer on it because it always offers 0% interest.
    Feel like I'm actually getting somewhere now
    May 2015: £11685.56 / November 2017: £2076
    Credit card: £302
    Paid back : £700 / £2476
    • little_miss_spendtoomuch
    • By little_miss_spendtoomuch 20th Oct 17, 7:03 AM
    • 232 Posts
    • 465 Thanks
    little_miss_spendtoomuch
    Hubby got paid today! That's £900 in our joint account
    We had £100 left this month so we are using it to buy bits for the new home.

    We haven't been getting all our bills yet as we only moved in June and it's a new build.
    I keep chasing our council tax because I want to know what it's going to cost us.
    Each month I have put aside £200 to cover council tax, electricity and gas but I realise now that won't be enough.

    Our gas bill was covered in our flat by the management company.
    Our electricity bill was £35 a month and our council tax was just under £150 a month but I think in our house it's all going to be a lot more.
    What is the average cost for gas and electricity per month for a small three bed semi?
    I'm hoping our council tax will be £150 a month still but going by what the other houses pay it's likely to be £200
    So today and from now on I'm going to put £300 aside each month.
    We have £600 put aside so far and I'm about to tot it up to £900 which is better than nothing. This is very sensible of me. The old me would enjoy spending the extra money and then get stuffed when the big bill comes in!

    Happy Friday everyone
    May 2015: £11685.56 / November 2017: £2076
    Credit card: £302
    Paid back : £700 / £2476
    • MrsSave
    • By MrsSave 20th Oct 17, 7:09 AM
    • 1,362 Posts
    • 4,261 Thanks
    MrsSave
    Have you looked online to see if you can find what council tax band you are? Most council websites will give you that information, unless it's too much of a new build and it hasn't been updated yet!
    YNAB - one of my favourite money saving tools
    Check out my debt free diary 'Mrs S, family life and debt' below:
    • little_miss_spendtoomuch
    • By little_miss_spendtoomuch 20th Oct 17, 7:17 AM
    • 232 Posts
    • 465 Thanks
    little_miss_spendtoomuch
    Hi MrsSave! Unfortunately it's too much of a new build they haven't even valued it yet I check online everyday and argued with my council until they realised ey hadn't dont their job properly. Finally an application has been put through to value it so I'm hoping to hear something soon.
    There's lots of houses in my development and they haven't done any down my road.
    May 2015: £11685.56 / November 2017: £2076
    Credit card: £302
    Paid back : £700 / £2476
    • MrsSave
    • By MrsSave 20th Oct 17, 7:41 AM
    • 1,362 Posts
    • 4,261 Thanks
    MrsSave
    How frustrating! I guess all you can do is look at a similar size house nearby and find out what council banding that has to give you a rough idea. I'm guessing the council will still expect back pay though!
    YNAB - one of my favourite money saving tools
    Check out my debt free diary 'Mrs S, family life and debt' below:
    • abba1772
    • By abba1772 20th Oct 17, 7:50 AM
    • 4,022 Posts
    • 12,331 Thanks
    abba1772
    That is very frustrating about the council tax, I pay £129 for council tax on a three bedroom house and about £80 a month on gas and electricity xx
    NEXT TARGET HALIFAX CC WAS July 17 £3572.57 NOW £4536.82
    POAMAYC 2011 £6382.66 POAMAYC 2012 £5000.78
    POAMAYC 2013 £3480.04 POAMAYC 2014 £4085.14
    POAMAYC 2015 £7565.24 POAMAYC 2016 £8000.90
    POAMAYC 2017 £6797.54 / £6000
    • little_miss_spendtoomuch
    • By little_miss_spendtoomuch 20th Oct 17, 8:34 AM
    • 232 Posts
    • 465 Thanks
    little_miss_spendtoomuch
    It's really frustrating because I just want to be paying it. The council have told me I can set up an online account and start paying it but I don't know what to pay.
    I've just been looking online at other properties near me and they are all band E which is £2000 a year
    That's so much money and my house is only small.
    My best friend lives in an older house very close by and is band D. Her house is bigger than mine so mine shouldn't cost more.

    I hate not knowing.
    May 2015: £11685.56 / November 2017: £2076
    Credit card: £302
    Paid back : £700 / £2476
    • little_miss_spendtoomuch
    • By little_miss_spendtoomuch 23rd Oct 17, 5:26 PM
    • 232 Posts
    • 465 Thanks
    little_miss_spendtoomuch
    How is it Monday again already?!

    I moved £300 into our joint bill savings account last week so we now have £916 saved for when we do start getting bills through. I'm going to get a meter reading and phone up British gas to see if I can set up a direct debit.

    No idea how I have managed this but I have racked up £1000 on my spending credit card. The card I said I was going to clear next month. Thing is, I use it to buy like train tickets and stuff but always pay it back each month so I never get charged any interest.
    I need to go through what I have bought to see what I can take back.
    £436 was my monthly train ticket I bought this morning and I have already budgeted to clear that on pay day.
    I have been wearing the same black jeans to work for the last two years and last week they split across my bum!! So embarrassing!! So enough was enough- I over ordered from m and s with 20% off on different trousers with the hope I could find a couple of pairs. I always needed work shoes. I've needed these since I started and have got away with wearing battered old ballet shoes and winter boots. But they are no good for my feet and I work for a smart company. I found a pair of shoes for £49 and then got 20% off. So I spent over £200 of shoes and trousers and need to work out what to return. My dad owes me £110 but that's still a lot left to pay on my cc next month
    May 2015: £11685.56 / November 2017: £2076
    Credit card: £302
    Paid back : £700 / £2476
    • little_miss_spendtoomuch
    • By little_miss_spendtoomuch 24th Oct 17, 7:03 AM
    • 232 Posts
    • 465 Thanks
    little_miss_spendtoomuch
    I think I have worked out how to clear my card and it’s not as bad as I first thought.
    I narrowed the trousers down to 4 pairs but after seeing my credit card I will choose just two or maybe three pairs to keep. They were all under £20.
    I’m so naughty but one of the purchases was an £88 jumper from a different shop which I do not need!! I’ve had my eye on it for ages and it then had 20% off. Still too much money! I bought it online and collected it from store yesterday. Tried it on last night and my reaction was ‘meh’. For £88 I was very underwhelmed. Husband didn’t like it either so that will be going back either today or tomorrow. I’m such a fool. Clearly I haven’t changed my spending ways. It’s just so easy when you start putting stuff on a cc to just put more on. Sometimes I do just need to get things out my system though with something I think I need and must buy. When I do buy it I then change my mind. It just takes me a while to realise! Ha. I’m going to do my calculations when I get to work but I should be able to clear the card on pay day
    May 2015: £11685.56 / November 2017: £2076
    Credit card: £302
    Paid back : £700 / £2476
    • little_miss_spendtoomuch
    • By little_miss_spendtoomuch 24th Oct 17, 7:23 AM
    • 232 Posts
    • 465 Thanks
    little_miss_spendtoomuch
    Ugh I check online everyday to see if they have done my council tax and it’s up there Band E just like I thought. How is a tiny three bed semi £2000 a year?! Our neighbours live in a 3 storey 4 bedroom house and they are also band E! How is that fair?
    May 2015: £11685.56 / November 2017: £2076
    Credit card: £302
    Paid back : £700 / £2476
    • angela110660
    • By angela110660 24th Oct 17, 7:41 AM
    • 751 Posts
    • 1,865 Thanks
    angela110660
    Seems mean to me. Have a look at the gov.uk website as to how they work them out for a new build I would suggest.
    Free films - 2009: saw 7 films. 2010 saw 7 films. 2011 saw 7 films. 2012 saw 5 films;2013:Lincoln; Les Miserables; Cloud Atlas; The Big Wedding; Summer in February;Philomena;Saving Mr Banks;2014:Jersey Boys;2015estament of Youth;
    • little_miss_spendtoomuch
    • By little_miss_spendtoomuch 24th Oct 17, 2:23 PM
    • 232 Posts
    • 465 Thanks
    little_miss_spendtoomuch
    Thanks Angela, it says it’s based on property value so I have emailed them asking why we have been banded the same. Really don’t want to be paying £2000 a year

    Just went and returned the overpriced jumper. That’s £88 heading back to my cc and a slap on the wrist.
    May 2015: £11685.56 / November 2017: £2076
    Credit card: £302
    Paid back : £700 / £2476
    • little_miss_spendtoomuch
    • By little_miss_spendtoomuch 24th Oct 17, 5:04 PM
    • 232 Posts
    • 465 Thanks
    little_miss_spendtoomuch
    I canít remember the last time I had a NSD because I buy chocolate everyday. Iím addicted. I know it all adds up and I know it would be cheaper to buy multipacks rather than one on its own. Today I bought a galaxy for 60p but I could have bought a pack of 4 twirls for a pound. But I never want to buy the pack because I want to be good and I tell myself that today is the last chocolate bar. Not true.
    Anyway the only way I can stop buying and eating chocolate is to completely cut it out so Iím giving it for for November. Just in time for my advent calendar in December! Ha.
    Iím hoping it might help save some pennies and lose a bit of weight!
    May 2015: £11685.56 / November 2017: £2076
    Credit card: £302
    Paid back : £700 / £2476
    • little_miss_spendtoomuch
    • By little_miss_spendtoomuch 31st Oct 17, 7:17 AM
    • 232 Posts
    • 465 Thanks
    little_miss_spendtoomuch
    Hello pay day!! Finally!

    I’ve paid £900 to our joint account.
    Put £300 in my holiday fund.
    Put £100 in my savings pay back account and paid £436 to the credit card.
    After moving money about my bank balance is £666. Bit freaky seeing as it’s Halloween.
    I still owe £302 to the credit card but that’s not going to leave me with much so I need to look at what I have on this month. I just want the card cleared but I don’t want to end up spending on it again!

    I’ve got £700 in my savings pay back account.
    £1700 in our future/baby savings.
    £300 in my holiday savings.

    We had one of those money savings pots which you have to break when it’s full. We have had it about £4 years and it was full of old pound coins so we smashed it the other week to find £113. Lol! Not too impressive for 4 years. We had a rule where we would only put pound coins in it so it didn’t get full of pennies but maybe that would have been better. Anyway, we banked it and that’s now sitting in a joint holiday account.

    Last day of chocolate today and then I’m giving it up for the whole month!!
    May 2015: £11685.56 / November 2017: £2076
    Credit card: £302
    Paid back : £700 / £2476
    • abba1772
    • By abba1772 31st Oct 17, 8:09 AM
    • 4,022 Posts
    • 12,331 Thanks
    abba1772
    I wouldn't beat yourself up over spending on your card.......at this time round you are in control not the card as you're aware you've spent on it xx

    A whole month without chocolate I'm not sure I would be so brave lol xx
    NEXT TARGET HALIFAX CC WAS July 17 £3572.57 NOW £4536.82
    POAMAYC 2011 £6382.66 POAMAYC 2012 £5000.78
    POAMAYC 2013 £3480.04 POAMAYC 2014 £4085.14
    POAMAYC 2015 £7565.24 POAMAYC 2016 £8000.90
    POAMAYC 2017 £6797.54 / £6000
    • little_miss_spendtoomuch
    • By little_miss_spendtoomuch 31st Oct 17, 11:23 AM
    • 232 Posts
    • 465 Thanks
    little_miss_spendtoomuch
    Thanks Abba I just know how quickly it all adds up. This is from one month so I just want it gone ASAP.

    Ha I don’t know how I’m going to give up chocolate either! I’m addicted!
    May 2015: £11685.56 / November 2017: £2076
    Credit card: £302
    Paid back : £700 / £2476
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