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Results: Which step should I take next?

Get rid of stored furniture (? costs involved, but paperwork re big debt in there)

62.86% • 22 votes

Piggybanking

0% • 0 votes

Work out my exact household expenditure

28.57% • 10 votes

Drop household maintenance? (Nothing needs doing at present)

2.86% • 1 votes

Get water meter to save poss. £75 per year

14.29% • 5 votes

Other (please specify in comment box - ty)

11.43% • 4 votes

You may not vote on this poll

35 votes in total.

  • FIRST POST
    • miracleworker
    • By miracleworker 14th Sep 16, 4:24 AM
    • 9Posts
    • 29Thanks
    miracleworker
    Plodding Through Debts
    • #1
    • 14th Sep 16, 4:24 AM
    Plodding Through Debts 14th Sep 16 at 4:24 AM
    2017 ACTUAL FIGURES : JUNE17

    INCOME
    Benefits. . . . . . . . . . . . . .... .502.20
    Tesco Card..........................100.00
    Iceland Card........................007.63 -> termination
    Boots Card...........................025.00
    B&Q Card.............................015.00
    Complete Savings................021.30
    Pact......................................000.00 - fitness app which pays you to exercise
    Refunds................................000.00
    Topcashback........................000.00
    Opening Bank Balance.........247.55
    Cash.....................................002.03
    Miscellaneous.......................000.00
    Interest..................................000.00

    EXPENSES
    Fixed Direct Debits
    Debt Repayments...............000.00
    Water . . . . . . . . . . . . . . . .... .015.85
    Complete Savings..................015.00
    Contents Insurance...............006.20

    Variable Direct Debits
    Electricity . . . . . . . . . . .... . . .055.00
    Phone and Internet. . . . . . . ..022.39
    Mobile....................................000.00

    Variable Card Payments
    Food, Household, Toiletries...000.00
    Clothes and Shoes................000.00
    Hairdressing and Make-up....000.00
    Christmas and Birthdays.......000.00
    Travel, Hobbies, Leisure........000.00
    Equipment..............................000.00
    Miscellaneous........................000.00

    Other
    Not Allocated.........................xxx.xx
    Closing Bank Balance...........000.00
    General Savings...................160.00
    Tesco Card............................050.00
    Boots Card............................025.00
    Iceland Card..........................007.63 -> termination
    B&Q Card..............................015.00
    Cash......................................008.28

    TOTALS.................................870.66
    ---------------------------------------------------------------------------------------------------------------------------------------------------
    Expenses from capital
    Gym Membership...................132.00 annually
    Mobile Phone:.........................115.00 one-off
    ---------------------------------------------------------------------------------------------------------------------------------------------------
    ASSETS
    Sky Incentive Reward Card
    Topcashback payments pending
    Tesco Clubcard points. Add £200 by 17/10 for 6% bonus of £12
    Millets Gift Card - for walking trousers
    KFC Stamps
    Nectar - can add eRewards, and double up at Sainsburys
    Millets Review Reward
    eRewards - £5 to cash out, £22.50 for max. bonus
    Receipt Hog - need to reach £5.00 (1500 coins) to pay out. Receipts pay 1.6p, 3.3p, 5p and 6.6p
    ePoints. Points are worth £10/2100 = .476p at Amazon. Receipts pay 2.3p
    Boots Card
    Shop Prize
    Tesco Clubcard points every 3rd of the month for survey
    ---------------------------------------------------------------------------------------------------------------------------------------------------
    NODDLE CREDIT SCORE: Sept '16: 497 May '17: 500
    ---------------------------------------------------------------------------------------------------------------------------------------------------
    Done
    (1) Challenged N.I. 'debts' of £300 approx. HMRC has now admitted this amount is not owed.
    (2) Found paperwork from 2012 where Financial Ombudsman declared my 'debt' of £10.6k to for car loan and insurances to be payable, despite no payout on FIVE types of insurance following serious illness. Welcome Finance have denied any wrong-doing,via Resolver, and I can take it to the Ombudsman, or court.
    (3) 3 debts on hold for 90 days.
    (4) 4th debt put on hold indefinitely by creditor.
    (5) British Gas Energy Trust agreed to pay my debt to British Gas of £79.60.
    (6) Having paid water debt off entirely, ordered a water meter for 26th June 2017.

    Outstanding Tasks
    Reply to HMRC offer to write off N.I. 'debt'.
    Set up new S/O on debt number 9.
    Apply for court for certificate of satisfaction for debt 5.
    Open Resolver cases:-
    Appeal demand for WTC repayment - £694.40.
    Write to Barclays re overdraft debt - £678.36.

    Pending Tray
    13/5: I am extremely busy decluttering my flat, and learning to eat to remineralise teeth.
    20/5: No change.
    26/5: No change. About a month before I start debt repayments again.
    14/6 Started exercise regime, using PACT app, which pays £0.94 per week for 3 days.
    15/6: Took blood test for possible metabolic disorders (lead and vit D3) causing problems with teeth.
    15/6 Started regime of supplements to regrow teeth, as well as special diet already adopted.

    Review alternative energy (e.g., Economy 10, etc) and phone/broadband tariffs.
    Christmas budgeting - Park?
    Last edited by miracleworker; 17-06-2017 at 9:38 AM. Reason: WIP
Page 2
    • Bedsit Bob
    • By Bedsit Bob 18th Mar 17, 11:56 AM
    • 9,558 Posts
    • 50,185 Thanks
    Bedsit Bob
    Given their behaviour, I think it is very wise of you to use a SO, rather than a DD.
    My job is Top Secret. Even I don't know what I'm doing.

    Amount I have so far denied the BBC - £1161
    • StopIt
    • By StopIt 5th May 17, 7:58 AM
    • 496 Posts
    • 429 Thanks
    StopIt
    HMRC has said I don't owe any N.I., and they write the debt off for it, so long as I accept it affects my record, for benefits and pension. I think I'll take their offer.
    Originally posted by miracleworker

    Remember that if you don't have enough NI contributions via work or NI credits, you wont get a full state pension.


    You can check your NI contribution status here: https://www.gov.uk/check-national-insurance-record
    • sourcrates
    • By sourcrates 25th Jun 17, 10:38 AM
    • 10,917 Posts
    • 10,576 Thanks
    sourcrates
    Why have you deleted 90% of the thread ?

    It just does not make any sense to people reading it now.
    I'm a Board Guide on the Debt-Free Wannabe, Credit File And Ratings, and
    Bankruptcy And Living With It, boards. I'm a volunteer to help the boards run smoothly, and I can move and merge posts there.
    Board guides are not moderators and don't read every post. If you spot an abusive or illegal post then please report it to forumteam@moneysavingexpert.com. Any views are mine and not the official line of MoneySavingExpert.com.

    For free debt advice, contact either : Stepchange, National Debtline, or, CAB.
    For Legal advice see : http://legalbeagles.info/
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