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  • FIRST POST
    • debbie_debt
    • By debbie_debt 21st Sep 16, 5:26 PM
    • 276Posts
    • 797Thanks
    debbie_debt
    It's my fault, so it's my responsibility. Time to take it.
    • #1
    • 21st Sep 16, 5:26 PM
    It's my fault, so it's my responsibility. Time to take it. 21st Sep 16 at 5:26 PM
    I've had a huge lightbulb moment today. After years of battling with debt, and thinking I've had many many lightbulb moment, I've suddenly realised something. My debt is no-one else's fault. Whilst that probably seems obvious (I always knew the money was being spent) I've realised it's not the kid's needs making me spend; it's not my husband going out on the !!!! and it's not necessary to keep up with the Jones's.

    Two months ago, in an effort to start paying off the debt, I completely changed the way we organise our family finances. It involves me and hubby having £150 each spending money (clothes, haircuts, lunches, nights out, birthday pressies, workplace collections. everything). We get this in cash and the bank accounts don't get touched. My OH has stuck to it 100% and I've been secretly spending on CCs. None of the spending was on my - it was all on the kids or stuff I felt was obligatory, like wedding presents, birthday presents, travelling to an Italian wedding. But regardless, I've realised: It's me. It's my fault. I'm spending and I'm the reason we're in massive amounts of debt.

    Today, it stops.

    Today, I'm starting this diary in the hopes that I can start keeping tabs on myself (and I hope you'll all keep tabs on me too). Over time, I'm going to set some goals and a 5-year plan and share them all with you. I'll check in every once in a while to show how I'm getting on and what I'm doing to get DF.

    I hope I might be able to support and share some stuff that'll help some of you too.

    Debbie
    Emergency fund £435.09/£1000
    L.B.M. 21/09/2016 DEBTS = £30,854.38 09.08.2017 DEBTS = £12,380.09
Page 4
    • hannahroberts1985
    • By hannahroberts1985 8th Jun 17, 8:06 AM
    • 751 Posts
    • 1,067 Thanks
    hannahroberts1985
    P.S just got dressed and put on a Asda jumper with a repaired hole in it! Where did all our money go. Definitely not on clothes!
    Deposit £13379 £20,000 66%
    emergency fund:£0/£1000
    Christmas fund £35.25
    B/day £0
    Noodle: me: 614 DP:576 Clear: 499 DP: 414 mse:961/61%
    Family loan £7000/£6625
    • debbie_debt
    • By debbie_debt 12th Jun 17, 12:58 PM
    • 276 Posts
    • 797 Thanks
    debbie_debt
    Thanks for the tips Hannah! I'd just posted on your diary asking for days out advice lol I've hoop downloading and a join request in to that facebook group. Thank you!!
    Emergency fund £435.09/£1000
    L.B.M. 21/09/2016 DEBTS = £30,854.38 09.08.2017 DEBTS = £12,380.09
    • debbie_debt
    • By debbie_debt 12th Jun 17, 1:06 PM
    • 276 Posts
    • 797 Thanks
    debbie_debt
    Gutted - Hoop isn't available in my area yet. That sounded perfect! I've voted for it to come here next so I'll keep checking back on it x
    Emergency fund £435.09/£1000
    L.B.M. 21/09/2016 DEBTS = £30,854.38 09.08.2017 DEBTS = £12,380.09
    • debbie_debt
    • By debbie_debt 28th Jun 17, 1:28 PM
    • 276 Posts
    • 797 Thanks
    debbie_debt
    So, today was pay day for us, which means another chunk off the debts and a new debt total for my signature

    I'm actually becoming slightly addicted to seeing my debt total dwindle. It gives me a massive boost every single month to see that we're finally making a dent. I still know we could do more and I'm hopeful that I'll start getting more organised with food (and kick the diet coke habit ) but things have improved more in the last 9 months than they have in (literally) the last 9 years. I'm being careful with the cash in my purse, leaving the switch card at home unless I know I'll soon need petrol and being conscious of the need for takeaways etc.

    We've also a few fab and free days out coming up with the family - if anyone's in Lancashire it's the free Lancashire Science Festival at UCLAN this weekend, which is always amazing!

    Debbie
    Emergency fund £435.09/£1000
    L.B.M. 21/09/2016 DEBTS = £30,854.38 09.08.2017 DEBTS = £12,380.09
    • debbie_debt
    • By debbie_debt 28th Jun 17, 1:29 PM
    • 276 Posts
    • 797 Thanks
    debbie_debt
    Oh... and thinking about the diet coke habit, I've invested the princely sum of £2.50 in a fab new reusable drinks bottle with one of those fruit infusion canisters that I'm promising myself I'll fill every day before work. Hold me to it please!!!
    Emergency fund £435.09/£1000
    L.B.M. 21/09/2016 DEBTS = £30,854.38 09.08.2017 DEBTS = £12,380.09
    • debbie_debt
    • By debbie_debt 21st Jul 17, 2:39 PM
    • 276 Posts
    • 797 Thanks
    debbie_debt
    Well, it's been a hard month for us. My mum had a stroke, which hit the family hard but thankfully she's home and recovering. It does make you realise that, despite the journey we're all on with debt, that there are more important things in life than money. My spending did go off track for a week while she was in hospital - delivering her food she might possibly eat (most went in the bin) and takeaways at home because I simply wasn't there enough to cook and was starving when I did get home. Mum also did a day a week childcare for us, which won't be happening for a long time, so we're now having to find £160 extra a month in nursery fees. I'm chalking that one up to being inevitable rather than getting annoyed and moving on. She's home and recovering so I can't be disappointed in anything.

    Despite that financial blip, it's been a pretty good month. I'll update the debts total at the end of the month, but we've already made another £329 payment before payday and I've earned around £635 extra this month that should arrive around the 3rd August, so that can all go straight to the debts. I'm hopeful of paying off over a grand this month, maybe pushing £1200

    It all feels very slow at the minute. I'm annoyed that I've got the option of earning £8k for 5 weeks work in January and can't do it. I'm due a baby in October and my hubbie simply can't get that long off work to spend with the baby while I do it. I'd have to work away Mon - Fri too, so it'd be a hard few weeks for him. It's so typical it's come up at this point in my life, but hey ho. I'm trying to make my peace with missing out on a massive opportunity. It's not easy though

    Happy Friday DFW's!!

    Debbie
    Emergency fund £435.09/£1000
    L.B.M. 21/09/2016 DEBTS = £30,854.38 09.08.2017 DEBTS = £12,380.09
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