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  • FIRST POST
    • Bobarella
    • By Bobarella 25th Jul 16, 7:16 PM
    • 10,450Posts
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    Bobarella
    Budget Wars - A New Hope (with apologies to George Lucas)
    • #1
    • 25th Jul 16, 7:16 PM
    Budget Wars - A New Hope (with apologies to George Lucas) 25th Jul 16 at 7:16 PM
    A New Hope is a very fitting title for my first ever DFW diary. For the first time in around 18 months I really have hope. I am one of those people who has always seen September as the start of the year. Because of back to school I suppose. And this year is the first September I can honestly say I am 100% looking forward to in years.

    My situation is complicated but to simplify, I took the enormous step to not only become self employed but to sell my family home to finance my new business in 2011. I turned my back on a very well paid career to go out on my own.
    In that period I have had many challenges. Gone to hell and back owing wages and HMRC. Dont worry the wages were paid back long ago as quickly as I could. And I repaid HMRC.
    The stress of being responsible for other peoples lives is intense if you've never been there. At my lowest point I deactivated my voicemail to avoid the energy company being able to contact me.

    At one point I owed around £40,000 all business related. Primarily on a loan, but some CC.

    Time and again I bashed my head against my mental bars and wondered if I could physically carry on. But I did. Through hell and high waters. Quite literally in fact....

    This last year has not been easy. I worked as the sole employee of my business during my entire pregnancy with DD and went into labour whilst still at work. When my baby was 4 months old I got seriously ill and spent a week in hospital. My lovely FIL was diognosed with the big C 2 months ago. And life has wobbled along precariously as always.

    The reason for my new hope is I finally made a big decision. To stop the business I am running & build another. It wont be easy but it will get me out of the hole I am in & allow me to take on paid employment around the new business. I have 4 days left of my old situation and then good night vienna!

    I love MSE. It and the people of it have been such a comfort. And now I am hoping to use this diary as a place for me to record my baby steps towards a life less stressful, adrenaline filled & chaotic.

    Bob
    Last edited by Bobarella; 25-07-2016 at 7:34 PM.
    " Your vibe attracts your tribe"

    Debt neutral 27/03/17 from £40k in the hole 2012.
    Roadkill 17 £56.58 2016-£62.28 2015- £84.20)
    RYSAW17 £1900 2016 £2,535.16 2015 £1027.20
Page 83
    • mummytogirls
    • By mummytogirls 13th May 17, 9:48 PM
    • 5,617 Posts
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    mummytogirls
    All sounding busy round at yours Bob, yay to all the bookings xx
    Mummytogirls x

    £23164.32 - 12/12/10
    £6936.45 - 04/09/17 - 70.99% paid off
    • kirtsypoos
    • By kirtsypoos 14th May 17, 11:46 AM
    • 3,095 Posts
    • 13,777 Thanks
    kirtsypoos
    What a turnaround Bob All your hard work with leafleting and social media is really paying off
    £150/3000 OH BC(95% PAID)
    PAID VERY, Barclaycard x2, Vanquis, Natwest, O/D, Tesco & MBNA x2 PAID LBM 24/07/15 - Debt: £150/31010.23 (99.51% paid)
    Mortgage - £160,500.00 (2017 O/P £2475.46) PAYDBX 17 #006 - £18,079.25/14,539.71
    • Bobarella
    • By Bobarella 16th May 17, 10:00 AM
    • 10,450 Posts
    • 69,680 Thanks
    Bobarella
    All sounding busy round at yours Bob, yay to all the bookings xx
    Originally posted by mummytogirls
    Thank you

    What a turnaround Bob All your hard work with leafleting and social media is really paying off
    Originally posted by kirtsypoos
    Thanks!
    " Your vibe attracts your tribe"

    Debt neutral 27/03/17 from £40k in the hole 2012.
    Roadkill 17 £56.58 2016-£62.28 2015- £84.20)
    RYSAW17 £1900 2016 £2,535.16 2015 £1027.20
    • Bobarella
    • By Bobarella 16th May 17, 10:32 AM
    • 10,450 Posts
    • 69,680 Thanks
    Bobarella
    Record Month, still a muddle
    Hi All

    Hope everyone is alright? I am a little bit cross this morning. Having felt on cloud 9 yesterday. Someone who had promised to pay me yesterday still hasnt. Its very tricky having to try and woo people, when they still insist on basically lying & giving you the run around. Im sure everyone is sick of hearing about it. I know Im sick of writing it. But from what I read of other small traders on here, it seems to be a common complaint. I just wish people would be honest. Tell me if you cant pay me for a few days but dont say you will then dont.

    Wealth

    * After my moan above, I did a big admin session yesterday having been out on 'the road' most of last week. Its amazing what having a few hours at an actual desk with a computer can do for you.
    My record is set. It was the 15th of the month yesterday. And aside for £40 I had hit my break even point! I know thats what I should be leading with this morning. Not the grumble about late payers. So

    * So technically what this means is every sale I make for the rest of the month is mine!

    * I have a higher than usual electricity bill to pay by DD on 1st June. This is already included in my break even for the month. So if it were not for that, I'd have hit it even sooner.

    * I've taken a solid £900 in cash already banked, just for May sales. And have a further £583 to collect before the end of the month.

    * Record levels of enquiries. I have already had 22. Prior to May it was tracking at around 1 per day, or was levelling out to be so by the month end.

    * Obviously higher bookings, hence why I've taken so much already. Both the views at the weekend booked.

    * Yesterday I had 3 enquiries. Two of them came via a new platform we only started with recently. The 3rd via another platfom. That one was no good due to space issues.

    * Now, here is the kicker. At the moment, although Im in this busy busy record situation, Im broke in my personal spends account. And will have to make sure that I collect on every penny mentioned above. This is what I meant before about still trading hand to mouth. I feel like things are going well in a big way. I am taking money from diverse sources, Im running down local leads and getting people through the door myself. The big platforms are doing their job of scooping up people I wouldnt know were looking otherwise.
    But because I have no buffer, Im literally waiting on pennies to roll up enough so I can pay the next bill. Im not expecting anyone to reply to this because what can you say? Well Bob you know the issues and you choose to roll on, so just keep going and shut up? Or quit and do something else. Simples.
    But it does help to write it out.
    I suppose all you can say/think, is its going the right way. If the rest of the month keeps going the way it has, I could be on track to take £3,000 this month, which would be the highest ever month, and still £1,000 less than I projected we could do at the beginning.
    The likelihood of this is very slim in reality as I think people dont have the cash in the last 2 weeks of the month, but maybe Im wrong. So I just need those leads to keep coming in (one already today) to keep chasing down the people who need to pay up & generally keep calm and carry on

    Health

    * I've had this stupid cough for a few days now which is very irritating as it only kicks in at night. It makes me so breathless Im literally in a fit of cant breath, cough mode. Fun for OH. Between that and the little one, sleep is very intermittent. Had a good night last night, the one before that was hideous. Other than that the old girl is holding up.

    Organisation

    * After the mentioned big budget session I did feel better. I have improved my admin so each client has a Virtual File, with their invoices in. Updated my business costs excel, and who owes what file.

    * I was delighted to find a 4 day workshop for the next half term that my son can attend, its only half days which is perfect as I dont want to pack him off, but it gives me some flex in my diary to be able to offer views, & I can take him to and from, and its on route, perfect. The course is amazing, and its free!

    * OH was in the office yesterday so I did a big, print this, list for him. New business insurance paperwork, hardship application for rates (which works on community value not takings apparently) invoices paid, etc. So thats good.

    * Just about on top of the house. I always seem to end up in washing hell at the end of the week, because once the beds are changed on Thursday if Im not home and around to pump the loads through and get them hung out, then we get a bit of a backlog that takes till Sunday to clear.

    * The garden is messy but we are tackling bits so at least that's something.

    And thats me as they say. Have an event on later today, so will leave in the next little while, & weave opening up in with the school run etc.

    Bye for now.

    Bob
    Last edited by Bobarella; 16-05-2017 at 10:35 AM.
    " Your vibe attracts your tribe"

    Debt neutral 27/03/17 from £40k in the hole 2012.
    Roadkill 17 £56.58 2016-£62.28 2015- £84.20)
    RYSAW17 £1900 2016 £2,535.16 2015 £1027.20
    • 1LuckyLady
    • By 1LuckyLady 16th May 17, 4:24 PM
    • 574 Posts
    • 5,603 Thanks
    1LuckyLady
    Great news about the increased enquiries Bob.
    Sticking with the "Small things" thread to keep up us on the straight and narrow.
    • parsniphead
    • By parsniphead 16th May 17, 4:54 PM
    • 2,244 Posts
    • 14,283 Thanks
    parsniphead
    Everything is going in the right direction. Hopefully you will get some more bookings.
    Nothing gets better until you get better.
    • Verbatim
    • By Verbatim 16th May 17, 5:51 PM
    • 4,518 Posts
    • 13,262 Thanks
    Verbatim
    That's all sounding much more hopeful. Long may it last!
    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
    • DawnW
    • By DawnW 16th May 17, 7:14 PM
    • 4,663 Posts
    • 35,824 Thanks
    DawnW

    Health

    * I've had this stupid cough for a few days now which is very irritating as it only kicks in at night. It makes me so breathless Im literally in a fit of cant breath, cough mode. Fun for OH. Between that and the little one, sleep is very intermittent. Had a good night last night, the one before that was hideous. Other than that the old girl is holding up.
    Originally posted by Bobarella
    Bob, if this doesn't clear up soon, you ought to see your GP (easier said than done, I know ) This is what I do if I forget to take my inhaler at night.
    NSDs for December 6/15
    Decluttering 23/31

    • crazy_cat_lady
    • By crazy_cat_lady 16th May 17, 7:22 PM
    • 3,374 Posts
    • 28,943 Thanks
    crazy_cat_lady
    Congratulations Bob on your record breaking month! It's all fantastic news - just sorry you're having bother with non payers - people never cease to amaze me at how rude they can be.
    If it continues like this you won't be hand to mouth much longer x
    RYSAW17 #1 £1313.42 20p Savers #88 £1 a day for Xmas # DFD 6 Nov 15 - paid £28,447
    • Eager_Elephant
    • By Eager_Elephant 17th May 17, 7:13 AM
    • 4,117 Posts
    • 22,844 Thanks
    Eager_Elephant
    .
    I suppose all you can say/think, is its going the right way. If the rest of the month keeps going the way it has, I could be on track to take £3,000 this month, which would be the highest ever month, and still £1,000 less than I projected we could do at the beginning.
    The likelihood of this is very slim in reality as I think people dont have the cash in the last 2 weeks of the month, but maybe Im wrong.
    Originally posted by Bobarella
    You are doing really well Bob.

    I know you come on here and moan sometimes but on the whole you manage to remain so positive.

    Don't forget that not everyone gets paid at the end of the month - I am contracted out from my company to a Local Authority and they get paid around 15th of each month. It always surprises me when they talk about wages mid-month as I have always been monthly paid at the end of each month and DH the same (or in one job was weekly)

    Plus of course there are the 4 weekly paid - who knows when their money is due

    I think you can achieve £3k this month
    Ninja Saving Turtle No. 15 for November
    NSD - 1/15
    (up to 01/11/17)
    My Diary is here - http://forums.moneysavingexpert.com/showthread.php?t=2175629 (Eager Elephants Effective Everyday Excursion)
    • Bobarella
    • By Bobarella 17th May 17, 10:18 AM
    • 10,450 Posts
    • 69,680 Thanks
    Bobarella
    Great news about the increased enquiries Bob.
    Originally posted by 1LuckyLady
    Thank you 1Luckylady

    Everything is going in the right direction. Hopefully you will get some more bookings.
    Originally posted by parsniphead
    on me if I do! Whats your tipple?


    That's all sounding much more hopeful. Long may it last!
    Originally posted by Verbatim
    Thank you Verbatim Im truly hopeful at long last.
    " Your vibe attracts your tribe"

    Debt neutral 27/03/17 from £40k in the hole 2012.
    Roadkill 17 £56.58 2016-£62.28 2015- £84.20)
    RYSAW17 £1900 2016 £2,535.16 2015 £1027.20
    • Bobarella
    • By Bobarella 17th May 17, 10:23 AM
    • 10,450 Posts
    • 69,680 Thanks
    Bobarella
    Bob, if this doesn't clear up soon, you ought to see your GP (easier said than done, I know ) This is what I do if I forget to take my inhaler at night.
    Originally posted by DawnW
    Dawn sorry to hear you experience that on a regular basis. I am not asthmatic, so thankful for that. I hadnt really thought about seeing the GP. Just that its an annoying issue. Thanks for reminding me about self care.

    Congratulations Bob on your record breaking month! It's all fantastic news - just sorry you're having bother with non payers - people never cease to amaze me at how rude they can be.
    If it continues like this you won't be hand to mouth much longer x
    Originally posted by crazy_cat_lady
    You are right Cat I think if I could get two good months in a row, that would be enough to tip it over to the positive. But lets not talk too loudly!

    You are doing really well Bob.

    I know you come on here and moan sometimes but on the whole you manage to remain so positive.

    Don't forget that not everyone gets paid at the end of the month - I am contracted out from my company to a Local Authority and they get paid around 15th of each month. It always surprises me when they talk about wages mid-month as I have always been monthly paid at the end of each month and DH the same (or in one job was weekly)

    Plus of course there are the 4 weekly paid - who knows when their money is due

    I think you can achieve £3k this month
    Originally posted by Eager_Elephant
    EE thank you for that boost! And for the insight. I had always assumed most people got paid from the 25th to the 1st. It certainly has tied up with spikes in payment. Food for thought indeed
    " Your vibe attracts your tribe"

    Debt neutral 27/03/17 from £40k in the hole 2012.
    Roadkill 17 £56.58 2016-£62.28 2015- £84.20)
    RYSAW17 £1900 2016 £2,535.16 2015 £1027.20
    • sashybo
    • By sashybo 17th May 17, 10:35 AM
    • 2,455 Posts
    • 18,685 Thanks
    sashybo
    Plus of course there are the 4 weekly paid - who knows when their money is due
    Originally posted by Eager_Elephant
    Yes both DH & I are paid 4 weekly and it's a total pain as most bills are monthly. It means our current account looks ok half the year & a total mess the other half.
    Success is not final, failure is not fatal: it is the courage to continue that counts.

    PAD started 27/01/09 - £9565 extra paid off debt. Total Debt paid off £46,824.32
    Loan £3754.39, CC 0% BT £952, Car loans £24,151.20
    • Bobarella
    • By Bobarella 17th May 17, 10:41 AM
    • 10,450 Posts
    • 69,680 Thanks
    Bobarella
    Yes both DH & I are paid 4 weekly and it's a total pain as most bills are monthly. It means our current account looks ok half the year & a total mess the other half.
    Originally posted by sashybo
    Do you mean because you end up with a week where you are broke each month?
    " Your vibe attracts your tribe"

    Debt neutral 27/03/17 from £40k in the hole 2012.
    Roadkill 17 £56.58 2016-£62.28 2015- £84.20)
    RYSAW17 £1900 2016 £2,535.16 2015 £1027.20
    • sashybo
    • By sashybo 17th May 17, 11:33 AM
    • 2,455 Posts
    • 18,685 Thanks
    sashybo
    Yep, we have to have an overdraft or bills wouldn't get paid. Have tried spreading them out over the month but there's always a bit of a shortfall as our paydays move so often.

    It worked out quite well when I was paid 4 weekly & DH monthly but then he changed job.
    Success is not final, failure is not fatal: it is the courage to continue that counts.

    PAD started 27/01/09 - £9565 extra paid off debt. Total Debt paid off £46,824.32
    Loan £3754.39, CC 0% BT £952, Car loans £24,151.20
    • Bobarella
    • By Bobarella 17th May 17, 2:18 PM
    • 10,450 Posts
    • 69,680 Thanks
    Bobarella
    Yep, we have to have an overdraft or bills wouldn't get paid. Have tried spreading them out over the month but there's always a bit of a shortfall as our paydays move so often.

    It worked out quite well when I was paid 4 weekly & DH monthly but then he changed job.
    Originally posted by sashybo
    What a pain. Just to make life easier
    " Your vibe attracts your tribe"

    Debt neutral 27/03/17 from £40k in the hole 2012.
    Roadkill 17 £56.58 2016-£62.28 2015- £84.20)
    RYSAW17 £1900 2016 £2,535.16 2015 £1027.20
    • Mum of 2 monkeys
    • By Mum of 2 monkeys 17th May 17, 2:43 PM
    • 4 Posts
    • 44 Thanks
    Mum of 2 monkeys
    Hi Bob - I've just read all 83 pages (by "just" it's taken about a week in between the rest of life!) what a rollercoaster! I'm so glad that things are looking up st the moment & bookings are coming in - you deserve it! I hope the payments catch up too & you actually get to reap the benefits of your hard work xx
    • Bobarella
    • By Bobarella 17th May 17, 6:49 PM
    • 10,450 Posts
    • 69,680 Thanks
    Bobarella
    Hi Bob - I've just read all 83 pages (by "just" it's taken about a week in between the rest of life!) what a rollercoaster! I'm so glad that things are looking up st the moment & bookings are coming in - you deserve it! I hope the payments catch up too & you actually get to reap the benefits of your hard work xx
    Originally posted by Mum of 2 monkeys
    Wow I am so touched you'd read the whole lot! I've been thinking about starting a new diary as it's getting so l o o o n g Thanks for the kind words and support.
    " Your vibe attracts your tribe"

    Debt neutral 27/03/17 from £40k in the hole 2012.
    Roadkill 17 £56.58 2016-£62.28 2015- £84.20)
    RYSAW17 £1900 2016 £2,535.16 2015 £1027.20
    • FacelessNumber
    • By FacelessNumber 18th May 17, 7:39 PM
    • 367 Posts
    • 1,996 Thanks
    FacelessNumber
    Hi Bob


    Regarding the night time cough. Apparently it's quite common to get a drip down the throat from the back of the nose due to lying down, usually allergy / sensitivity related. Might be worth trying an OTC antihistamine before bed to see if that does the trick (I know quite a few people this has worked for).


    Well done on the record breaking month

    • Bobarella
    • By Bobarella 19th May 17, 12:27 AM
    • 10,450 Posts
    • 69,680 Thanks
    Bobarella
    Hi Bob


    Regarding the night time cough. Apparently it's quite common to get a drip down the throat from the back of the nose due to lying down, usually allergy / sensitivity related. Might be worth trying an OTC antihistamine before bed to see if that does the trick (I know quite a few people this has worked for).


    Well done on the record breaking month
    Originally posted by FacelessNumber
    Thanks very much! So helpful.
    " Your vibe attracts your tribe"

    Debt neutral 27/03/17 from £40k in the hole 2012.
    Roadkill 17 £56.58 2016-£62.28 2015- £84.20)
    RYSAW17 £1900 2016 £2,535.16 2015 £1027.20
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