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  • FIRST POST
    • debtaghh
    • By debtaghh 27th Jul 16, 10:00 AM
    • 1,022Posts
    • 2,953Thanks
    debtaghh
    I want to stop drowning
    • #1
    • 27th Jul 16, 10:00 AM
    I want to stop drowning 27th Jul 16 at 10:00 AM
    Hi,

    I am not sure where to start or what I want from this but here goes ...

    We are in major debt and things seem to be getting worse, I have been looking at this site for years and know there is no point me posting my soa as we literally can't cut back any more e.g

    food shop for fam of 5 £240- if you can help me reduce this then that would be great. I shop at Aldi, Lidl etc and have most shops locally.
    We just got rid of sky and have reduced mobiles, gas etc.

    We can't do an iva or dmp etc as we are in rented accomadation and I know estate agents can use guarantors etc but we don't have one plus they are not that keen as I have mentioned it before to them. Where we live , it's really hard to rent as there are limited properties and having bad credit would just go against us which we really can't do.

    Our biggest issues are that I do things that I end up regretting e.g booking holidays in the uk which still add up, book parties for the kids etc. I don't know how we got into so much debt but assume it must be down to this and i've never been on a good salary. My business has been hit badly and never recovered. I'm currently looking for a part time job but can't see this happening soon as I need it to be enough salary to cover childcare for my baby. My husband is on a good salary but works shifts which means I can't rely on him for childcare help and we don't have any family that can help us. I've tried working for direct selling companies and sell things on music magpie, ebay and gumtree ( I literally have nothing else to sell). I use cashbaack sites too and did do surverys but never seem to be eligible but will stary back with that- any recommendations for good ones? Or any ideas of making more money from home?

    We are due to go away soon and I would love to have advice on how we can save money on food whilst staying at a hotel, I thought I will bring snacks from home and croissants, drink cartons for breakfast but don't want to be speending loads on lunch and dinners.

    I also feel pressure from my family when it comes to birthdays and christmas time with regards to buying expensive pressies. We have a holiday booked at christmas too ( I know not ideal).

    I supoose I'm writng this to start afresh as I can't carry on like this anymore. I am severly depressed and wake up exhausted every day and have no motivation to do anything. I feel like we are drowing in debt. I am currently receiving cbt but in all honesty the crux of the situation is the debt is the issue. I'm sick of having regrets and living life like this so fingers crossed to new me, it' going to take years but here goes.....
Page 47
    • debtaghh
    • By debtaghh 13th Jan 18, 7:59 AM
    • 1,022 Posts
    • 2,953 Thanks
    debtaghh
    Morning,

    Iím very pleased with myself as I was out the whole day yesterday and only spent £6 and that was mainly for top up food for the house. I did buy chocolate for my dd but bought the cheapest one costing 50p. I bought a top for my dd as a bday present and it was reduced from £10 to £2. I didnít eat out but instead used my free coffee and cake voucher which was lovely. I literally donít want to spend money.

    I havenít got anything planned this weekend ( done deliberately as part of being frugal) other than ds swimming lessons. We do need to pay for the next lot of lessons today and need milk so it wonít be a nsd but will be planned spends.

    I feel like I hardly make top up payments on the ccs anymore which is a little frustrating but this is primarily due to lack of sales. Dh gets paid this Friday so I will pay the minimums and then update my signature as it is lower now then whatís showing but not significantly enough to update now.

    Have a lovely frugal weekend.
    Debt 16th October 2017: Cc £49,987- family £37,561: total debt £87549

    Current debt: Cc £46,505 , Family £ 36,922 total debt £83,497

    Frugal living challenge # 10- £8000 presents/ food/ entertainment/clothes/shoes/haircuts
    • MrsSave
    • By MrsSave 13th Jan 18, 8:45 AM
    • 1,403 Posts
    • 4,500 Thanks
    MrsSave
    You're doing really well. The top for £2 was a bargain! Well done.
    YNAB - one of my favourite money saving tools
    Check out my debt free diary 'Mrs S, family life and debt' below:
    • debtaghh
    • By debtaghh 14th Jan 18, 6:40 PM
    • 1,022 Posts
    • 2,953 Thanks
    debtaghh
    Hi,

    I have had a nice frugal weekend and not really spent much. I have also applied for numerous jobs , some where the hours would be perfect although not my dream job but I donít really care about that!
    Fingers crossed I get one of them!
    Debt 16th October 2017: Cc £49,987- family £37,561: total debt £87549

    Current debt: Cc £46,505 , Family £ 36,922 total debt £83,497

    Frugal living challenge # 10- £8000 presents/ food/ entertainment/clothes/shoes/haircuts
    • debtaghh
    • By debtaghh 16th Jan 18, 9:34 AM
    • 1,022 Posts
    • 2,953 Thanks
    debtaghh
    Morning,

    Iíve not been feeling that great lately, constant headaches.

    I canít seem to have a nsd lately , we always seem to run out of milk! I have made some sales so have made extra payments on the cc. I canít wait until dh gets paid so I can make bigger payments!

    Have a lovely frugal day everyone.
    Debt 16th October 2017: Cc £49,987- family £37,561: total debt £87549

    Current debt: Cc £46,505 , Family £ 36,922 total debt £83,497

    Frugal living challenge # 10- £8000 presents/ food/ entertainment/clothes/shoes/haircuts
    • CreditCardJunkie
    • By CreditCardJunkie 16th Jan 18, 10:04 PM
    • 91 Posts
    • 134 Thanks
    CreditCardJunkie
    Sorry to hear you haven't been feeling well debtaghh. Had a brief read at some of your latest posts and it sounds like you're doing really well!! Big thumbs up for the free coffee and cake!!
    RBS CC: £54 / £840 Barclaycard: £100 / £2650
    Aim to be debt free: 31st Aug 2018
    Pay ALL your debt off by Xmas 2018 #076
    • CreditCardJunkie
    • By CreditCardJunkie 16th Jan 18, 10:05 PM
    • 91 Posts
    • 134 Thanks
    CreditCardJunkie
    Subscribing x
    RBS CC: £54 / £840 Barclaycard: £100 / £2650
    Aim to be debt free: 31st Aug 2018
    Pay ALL your debt off by Xmas 2018 #076
    • debtaghh
    • By debtaghh 16th Jan 18, 10:30 PM
    • 1,022 Posts
    • 2,953 Thanks
    debtaghh
    I went on a lovely walk today with my little one and then popped into my friendís house. It was nice and free!

    I made another small sale that will go onto the cc. Iíve also been unexpectedly given some work for tomorrow which should bring me around £85.

    After me complaining of not managing a nsd , I had one!
    Debt 16th October 2017: Cc £49,987- family £37,561: total debt £87549

    Current debt: Cc £46,505 , Family £ 36,922 total debt £83,497

    Frugal living challenge # 10- £8000 presents/ food/ entertainment/clothes/shoes/haircuts
    • debtaghh
    • By debtaghh 18th Jan 18, 7:01 AM
    • 1,022 Posts
    • 2,953 Thanks
    debtaghh
    Morning,

    Iím still suffering with headaches so Iím not sure what Iíve mentioned lately so sorry if Iím repeating myself!

    Yesterday I worked longer than expected so I actually made £110 which was completely unexpected as I didnít know I was working until the night before.
    I submitted my tax return last week and checked my bank account last night and can see a pending transaction from Hmrc refunding me £50🎉.

    My son has special needs and has one to one swimming lessons which cost £25 per lesson ( I know itís a lot but itís to help him) anyway my husband went to pay last week and they now have a special needs rate costing £25 for a block of 4 lessons!!!! I couldnít believe it!

    Dh gets paid tomorrow so will make all payments and then update my signature.

    Have a lovely frugal day.
    Debt 16th October 2017: Cc £49,987- family £37,561: total debt £87549

    Current debt: Cc £46,505 , Family £ 36,922 total debt £83,497

    Frugal living challenge # 10- £8000 presents/ food/ entertainment/clothes/shoes/haircuts
    • wishingthemortgaheaway
    • By wishingthemortgaheaway 18th Jan 18, 7:09 AM
    • 841 Posts
    • 3,756 Thanks
    wishingthemortgaheaway
    Boo to the headaches, but everything else looks really positive.
    How is the shortfall for the increased cc payments looking now? All this overpaying and some reduction in expenses must be having a positive effect.
    The 100 payment countdown (each payment = £400) 2018 Starts at 13/100 o/s £34,750.
    Term Mortgage free date: October 2029 Current mortgage free date: April 2025 March 2025
    MFW 2018 Challenge Member #162 0/£2,500
    • debtaghh
    • By debtaghh 18th Jan 18, 7:11 AM
    • 1,022 Posts
    • 2,953 Thanks
    debtaghh
    Boo to the headaches, but everything else looks really positive.
    How is the shortfall for the increased cc payments looking now? All this overpaying and some reduction in expenses must be having a positive effect.
    Originally posted by wishingthemortgaheaway
    I think it will def help, I need to update my spreadsheets and will work it out.
    Debt 16th October 2017: Cc £49,987- family £37,561: total debt £87549

    Current debt: Cc £46,505 , Family £ 36,922 total debt £83,497

    Frugal living challenge # 10- £8000 presents/ food/ entertainment/clothes/shoes/haircuts
    • debtaghh
    • By debtaghh 18th Jan 18, 3:55 PM
    • 1,022 Posts
    • 2,953 Thanks
    debtaghh
    Had a nice morning with a friend but now I feel awful I spent £1 but that was it and have made a payment to my barclaycard from my tax refund.
    Debt 16th October 2017: Cc £49,987- family £37,561: total debt £87549

    Current debt: Cc £46,505 , Family £ 36,922 total debt £83,497

    Frugal living challenge # 10- £8000 presents/ food/ entertainment/clothes/shoes/haircuts
    • wishingthemortgaheaway
    • By wishingthemortgaheaway 18th Jan 18, 6:44 PM
    • 841 Posts
    • 3,756 Thanks
    wishingthemortgaheaway
    Had a nice morning with a friend but now I feel awful I spent £1 but that was it and have made a payment to my barclaycard from my tax refund.
    Originally posted by debtaghh
    Why do you feel awful lovely? I think a nice morning with a £1 spend is a win for a Thursday with horrid weather.
    I know you are worried about the increase in the cc minimum payments, but you are really cracking on with reducing the debt. Have you updated your spreadsheets yet to work out the shortfall?
    The 100 payment countdown (each payment = £400) 2018 Starts at 13/100 o/s £34,750.
    Term Mortgage free date: October 2029 Current mortgage free date: April 2025 March 2025
    MFW 2018 Challenge Member #162 0/£2,500
    • debtaghh
    • By debtaghh 18th Jan 18, 6:50 PM
    • 1,022 Posts
    • 2,953 Thanks
    debtaghh
    I feel unwell, dizzy spells , pains and generally rubbish

    I had a quick look earlier and once Iíve made my payments tomorrow my shortfall will be approx £350 I think.
    Debt 16th October 2017: Cc £49,987- family £37,561: total debt £87549

    Current debt: Cc £46,505 , Family £ 36,922 total debt £83,497

    Frugal living challenge # 10- £8000 presents/ food/ entertainment/clothes/shoes/haircuts
    • wishingthemortgaheaway
    • By wishingthemortgaheaway 18th Jan 18, 7:06 PM
    • 841 Posts
    • 3,756 Thanks
    wishingthemortgaheaway
    I feel unwell, dizzy spells , pains and generally rubbish

    I had a quick look earlier and once Iíve made my payments tomorrow my shortfall will be approx £350 I think.
    Originally posted by debtaghh

    Booooo to illness look after yourself.

    Ouch to the £350 - no chance of a 0% balance transfer?
    The 100 payment countdown (each payment = £400) 2018 Starts at 13/100 o/s £34,750.
    Term Mortgage free date: October 2029 Current mortgage free date: April 2025 March 2025
    MFW 2018 Challenge Member #162 0/£2,500
    • debtaghh
    • By debtaghh 18th Jan 18, 7:15 PM
    • 1,022 Posts
    • 2,953 Thanks
    debtaghh
    Thanks.

    To be honest a 0% wonít really help as a lot of them are in that already. Iím just going to try and pay as much as possible off and be frugal.
    Debt 16th October 2017: Cc £49,987- family £37,561: total debt £87549

    Current debt: Cc £46,505 , Family £ 36,922 total debt £83,497

    Frugal living challenge # 10- £8000 presents/ food/ entertainment/clothes/shoes/haircuts
    • debtaghh
    • By debtaghh 19th Jan 18, 7:02 AM
    • 1,022 Posts
    • 2,953 Thanks
    debtaghh
    Morning,

    Iím now full of cold/flu

    I will make payments today and then update my signature! Apart from that and the washing I donít think Iíll do much else.
    Debt 16th October 2017: Cc £49,987- family £37,561: total debt £87549

    Current debt: Cc £46,505 , Family £ 36,922 total debt £83,497

    Frugal living challenge # 10- £8000 presents/ food/ entertainment/clothes/shoes/haircuts
    • debtaghh
    • By debtaghh 19th Jan 18, 7:44 AM
    • 1,022 Posts
    • 2,953 Thanks
    debtaghh
    Signature updates and payments made. Feels like Iím still so far from being debt free!
    Debt 16th October 2017: Cc £49,987- family £37,561: total debt £87549

    Current debt: Cc £46,505 , Family £ 36,922 total debt £83,497

    Frugal living challenge # 10- £8000 presents/ food/ entertainment/clothes/shoes/haircuts
    • sweetpea26
    • By sweetpea26 19th Jan 18, 8:01 AM
    • 704 Posts
    • 4,636 Thanks
    sweetpea26
    Hi Debtaghh

    steps out of lurkdom to say keep going...debt can be overwhelming but chipping away a bit at a time eventually works.

    what about putting up a percentage paid off... or a total paid off.

    It will motivate you and make you feel you are winning the battle a bit at a time.

    Take good care of yourself, we cannot change the mistakes of the past but we can put new methods in place so we can achieve our goals.
    • debtaghh
    • By debtaghh 19th Jan 18, 8:05 AM
    • 1,022 Posts
    • 2,953 Thanks
    debtaghh
    Thanks sweetpea, Iím not really sure how to work out the percentage 🤔
    Debt 16th October 2017: Cc £49,987- family £37,561: total debt £87549

    Current debt: Cc £46,505 , Family £ 36,922 total debt £83,497

    Frugal living challenge # 10- £8000 presents/ food/ entertainment/clothes/shoes/haircuts
    • Cumbria lass
    • By Cumbria lass 19th Jan 18, 8:26 AM
    • 1,117 Posts
    • 6,118 Thanks
    Cumbria lass
    Great idea of sweet pea . Hope you feel better soon.
    Jan 2018 CC1 £3099 CC2 £258

    Debt Free Nov 2019: earlier if I have my way
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