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  • FIRST POST
    • debtaghh
    • By debtaghh 27th Jul 16, 10:00 AM
    • 417Posts
    • 1,088Thanks
    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 7
    • debtaghh
    • By debtaghh 16th Sep 16, 10:47 PM
    • 417 Posts
    • 1,088 Thanks
    debtaghh
    Well on the money front I was feeling frustrated as my husband's salary was only his basic which wouldn't have covered everything. But I was then given a lovely surprise and was given £500 by a family member! Which covers the difference in salary and more!

    I have finally sorted my cv out!

    I have been doing a minimum of 10000 steps ( I did nearly 20000 yesterday).
    Capital one balance to clear by 31st December 2016 £895/£1400

    Weight to lose by 31st October 2016 10bs/14lbs ( to weigh 10 stone 10lbs)
    • Purplemumof2
    • By Purplemumof2 17th Sep 16, 7:15 AM
    • 3,560 Posts
    • 10,553 Thanks
    Purplemumof2
    But I was then given a lovely surprise and was given £500 by a family member! Which covers the difference in salary and more.
    Originally posted by debtaghh
    What a lovely gesture
    Official DFW Nerd Club - Member no. 791 - Proud to be dealing with my debts
    BC: £9250.00 Overdraft: £2750.00

    15-20 NSD - 5/20, 10 LSD - 3/10, 15 AFD - 1/15, Lunches to work 9/20

    20p Savers 2016 £2 Savers 2016 50p Savers 2016 SPC 9 2016 #003
    • debtaghh
    • By debtaghh 18th Sep 16, 9:00 AM
    • 417 Posts
    • 1,088 Thanks
    debtaghh
    What a lovely gesture
    Originally posted by Purplemumof2
    I know and the funny thing was , he didn't know about the salary being lower it was just a coincidence. I've been disciplined as it's so easy to think I wasn't expecting that money so sod it! But I'm being realistic!

    Steps going well and think I have lost at least 2lbs this week but will officially do the weigh in tonight and update my signature.
    Capital one balance to clear by 31st December 2016 £895/£1400

    Weight to lose by 31st October 2016 10bs/14lbs ( to weigh 10 stone 10lbs)
    • debtaghh
    • By debtaghh 19th Sep 16, 2:14 PM
    • 417 Posts
    • 1,088 Thanks
    debtaghh
    I weighed myself last night and have lost 3lbs

    I have made some payments thanks to the £500 gift.

    I am going to have to ensure I stick to a very tight budget, we still need to clear £1280 off by Christmas!
    Capital one balance to clear by 31st December 2016 £895/£1400

    Weight to lose by 31st October 2016 10bs/14lbs ( to weigh 10 stone 10lbs)
    • MrsSave
    • By MrsSave 19th Sep 16, 7:14 PM
    • 849 Posts
    • 2,776 Thanks
    MrsSave
    Well done on losing 3lbs!
    Emergency fund #16 £111.36 Premium Bonds £1000
    Loan repayments: 13/60 Overpayment total: £25
    Check out my debt free diary 'A Pound Stretching Maternity' below:
    • debtaghh
    • By debtaghh 20th Sep 16, 5:47 AM
    • 417 Posts
    • 1,088 Thanks
    debtaghh
    Well done on losing 3lbs!
    Originally posted by MrsSave
    Thanks, just hope it doesn't stop there!

    Today is payday so will pay the minimums and adjust our debt spreadsheet. I've only allocated £60 food shopping per week so I think I will need to try and meal plan for the month as it's going to be tight.
    Capital one balance to clear by 31st December 2016 £895/£1400

    Weight to lose by 31st October 2016 10bs/14lbs ( to weigh 10 stone 10lbs)
    • Purplemumof2
    • By Purplemumof2 20th Sep 16, 6:43 AM
    • 3,560 Posts
    • 10,553 Thanks
    Purplemumof2
    Morning

    Well done on the weight loss and yay to payday.
    Official DFW Nerd Club - Member no. 791 - Proud to be dealing with my debts
    BC: £9250.00 Overdraft: £2750.00

    15-20 NSD - 5/20, 10 LSD - 3/10, 15 AFD - 1/15, Lunches to work 9/20

    20p Savers 2016 £2 Savers 2016 50p Savers 2016 SPC 9 2016 #003
    • MalmesburyMagic
    • By MalmesburyMagic 21st Sep 16, 4:57 AM
    • 10 Posts
    • 51 Thanks
    MalmesburyMagic
    well done on the savings and weight loss so far ... now subscribed x
    Barclaycard £tbc
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    • debtaghh
    • By debtaghh 21st Sep 16, 7:19 PM
    • 417 Posts
    • 1,088 Thanks
    debtaghh
    Had my interview today, will see if I get it.

    Feeling like I'm always spending money at the minute!
    Capital one balance to clear by 31st December 2016 £895/£1400

    Weight to lose by 31st October 2016 10bs/14lbs ( to weigh 10 stone 10lbs)
    • Purplemumof2
    • By Purplemumof2 21st Sep 16, 9:26 PM
    • 3,560 Posts
    • 10,553 Thanks
    Purplemumof2
    Fingers crossed for you Hun xx
    Official DFW Nerd Club - Member no. 791 - Proud to be dealing with my debts
    BC: £9250.00 Overdraft: £2750.00

    15-20 NSD - 5/20, 10 LSD - 3/10, 15 AFD - 1/15, Lunches to work 9/20

    20p Savers 2016 £2 Savers 2016 50p Savers 2016 SPC 9 2016 #003
    • debtaghh
    • By debtaghh 21st Sep 16, 9:32 PM
    • 417 Posts
    • 1,088 Thanks
    debtaghh
    Fingers crossed for you Hun xx
    Originally posted by Purplemumof2
    Thanks very much x
    Capital one balance to clear by 31st December 2016 £895/£1400

    Weight to lose by 31st October 2016 10bs/14lbs ( to weigh 10 stone 10lbs)
    • MrsSave
    • By MrsSave 22nd Sep 16, 7:49 AM
    • 849 Posts
    • 2,776 Thanks
    MrsSave
    Fingers crossed for your interview!
    Emergency fund #16 £111.36 Premium Bonds £1000
    Loan repayments: 13/60 Overpayment total: £25
    Check out my debt free diary 'A Pound Stretching Maternity' below:
    • debtaghh
    • By debtaghh 23rd Sep 16, 2:00 PM
    • 417 Posts
    • 1,088 Thanks
    debtaghh
    So I got the job BUT they have offered me full time hours and minimum wage 😟 And unfortunately due to childcare costs it wouldn't be worth it. I'm gutted.
    Capital one balance to clear by 31st December 2016 £895/£1400

    Weight to lose by 31st October 2016 10bs/14lbs ( to weigh 10 stone 10lbs)
    • debtaghh
    • By debtaghh 24th Sep 16, 7:25 AM
    • 417 Posts
    • 1,088 Thanks
    debtaghh
    What getting that job has made me realise is I need to be extra careful with money as if I take the job( currently trying to negotiate hours and salary) once I pay childcare I'll be working for £3-£3.50 an hour. How easy do I just spend that, yet I'll be working hard to earn that. I have been reading the old style section quite a bit lately , it's very interesting and encouraging!

    Don't feel great today so wil just try and do at least one load and hang it up outside and will ask dh to pop to Aldi as we are running out of lots of things. May make a small payment today towards the capital one as conscious of how much still needs paying in three months.
    Capital one balance to clear by 31st December 2016 £895/£1400

    Weight to lose by 31st October 2016 10bs/14lbs ( to weigh 10 stone 10lbs)
    • Aamberle
    • By Aamberle 24th Sep 16, 7:38 AM
    • 558 Posts
    • 960 Thanks
    Aamberle
    Well done on getting the job, and well done on realising that it won't work for you! Yes it sounds a little bizarre saying well done for both, but look at it as a positive learning curve. You now know what you need to be earning/ hours working for it to work for you and your family and that is great. ( i know it may not feel like it)
    Sorry your not feeling so great today, hope you feel better soon xx
    2012 The year I started dealing with my debts.
    2016. Lets start this again shall we?

    Focus number 1 £123/£1200 joined 1% challenge. NOW 11%
    LOAN 1 Only 24 payments left until gone
    LOAN 2 Only 23 payments left until gone
    • debtaghh
    • By debtaghh 24th Sep 16, 7:42 AM
    • 417 Posts
    • 1,088 Thanks
    debtaghh
    Well done on getting the job, and well done on realising that it won't work for you! Yes it sounds a little bizarre saying well done for both, but look at it as a positive learning curve. You now know what you need to be earning/ hours working for it to work for you and your family and that is great. ( i know it may not feel like it)
    Sorry your not feeling so great today, hope you feel better soon xx
    Originally posted by Aamberle
    Thanks and I agree, in the sense of it' s made me realise about my spending even more. I would have to work 12 weeks to cover the cost of our Christmas trip
    Capital one balance to clear by 31st December 2016 £895/£1400

    Weight to lose by 31st October 2016 10bs/14lbs ( to weigh 10 stone 10lbs)
    • Purplemumof2
    • By Purplemumof2 24th Sep 16, 9:02 AM
    • 3,560 Posts
    • 10,553 Thanks
    Purplemumof2
    What getting that job has made me realise is I need to be extra careful with money as if I take the job( currently trying to negotiate hours and salary) once I pay childcare I'll be working for £3-£3.50 an hour. How easy do I just spend that, yet I'll be working hard to earn that. I have been reading the old style section quite a bit lately , it's very interesting and encouraging!

    Don't feel great today so wil just try and do at least one load and hang it up outside and will ask dh to pop to Aldi as we are running out of lots of things. May make a small payment today towards the capital one as conscious of how much still needs paying in three months.
    Originally posted by debtaghh
    Congratulations on getting the job, sorry that it won't work out money wise but there will be something out there for you.

    Hope you're feeling a bit better today xx
    Official DFW Nerd Club - Member no. 791 - Proud to be dealing with my debts
    BC: £9250.00 Overdraft: £2750.00

    15-20 NSD - 5/20, 10 LSD - 3/10, 15 AFD - 1/15, Lunches to work 9/20

    20p Savers 2016 £2 Savers 2016 50p Savers 2016 SPC 9 2016 #003
    • bellevie
    • By bellevie 24th Sep 16, 10:10 AM
    • 416 Posts
    • 1,605 Thanks
    bellevie
    Depending on your joint incomes, if you would have to pay childcare costs you may get some back through tax credits? turn2us has a very good calculator on.

    If you dont qualify for tax credits, there is a childcare scheme in place, it was a voucher scheme where you pay for a certain amount of childcare vouchers out of your wages - so they are removed pre tax. If your husband will be earning more, it may make sense taking them from his wages. I know that scheme was to be wrapped up and replaced with the govts new scheme of paying for childcare and getting 20% back in a specific account - I dont know the in's & outs or when the schemes were changing - there should be information on the gov site.

    Its worth looking into (if you havent already) before you write the job off!

    Hope you work something out

    xx
    2016 Savings target....
    Sept 2016 - 43%....better get a move on
    • debtaghh
    • By debtaghh 24th Sep 16, 8:33 PM
    • 417 Posts
    • 1,088 Thanks
    debtaghh
    Depending on your joint incomes, if you would have to pay childcare costs you may get some back through tax credits? turn2us has a very good calculator on.

    If you dont qualify for tax credits, there is a childcare scheme in place, it was a voucher scheme where you pay for a certain amount of childcare vouchers out of your wages - so they are removed pre tax. If your husband will be earning more, it may make sense taking them from his wages. I know that scheme was to be wrapped up and replaced with the govts new scheme of paying for childcare and getting 20% back in a specific account - I dont know the in's & outs or when the schemes were changing - there should be information on the gov site.

    Its worth looking into (if you havent already) before you write the job off!

    Hope you work something out

    xx
    Originally posted by bellevie

    Thanks. Unfortunately due to my husband's wage we are not eligible to tax credits even with childcare. Even with the vouchers it wouldn't still be enough as we used to use that system. You never know they might offer me more money...

    Have managed three loads of washing today, pegged it all out but had to use the tumble drier for the last load as it didn't fully dry.

    Husband got everything from Aldi including lots of needed bits from their baby event. I made a £35 payment towards the capital one.
    Capital one balance to clear by 31st December 2016 £895/£1400

    Weight to lose by 31st October 2016 10bs/14lbs ( to weigh 10 stone 10lbs)
    • debtaghh
    • By debtaghh 26th Sep 16, 6:02 PM
    • 417 Posts
    • 1,088 Thanks
    debtaghh
    So I had to turn the job down as even hubby said the hours wouldn't work as some nights were until late at night.

    I am going to own up - I feel like such a failure... I have had to do a money transfer to cover things that need purchasing including Xmas spends etc, I just panic knowing I don't have the cash for it. It's 0% but feel like I have just added a massive lump of new debt on the credit card. I was so holding out for this job and hoping that would cover the things needed e.g new tyre, next stage car seat , Xmas spending and final payment for Xmas holiday.
    Capital one balance to clear by 31st December 2016 £895/£1400

    Weight to lose by 31st October 2016 10bs/14lbs ( to weigh 10 stone 10lbs)
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