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  • FIRST POST
    • debbie_debt
    • By debbie_debt 21st Sep 16, 5:26 PM
    • 259Posts
    • 786Thanks
    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 05.06.2017 DEBTS = £14,562.85
Page 4
    • hannahroberts1985
    • By hannahroberts1985 8th Jun 17, 8:06 AM
    • 639 Posts
    • 971 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!
    OD £0 C Card 0% £2212.20 Now:£642 Loan£4540.84 Now:£3282.36 Familyloan £1000 Now:£900 Next: £110Now £110 DFS £1017 Now:£416.24
    Total Debt June 2016 £8996.47 Now:£5350.70= 40%Down
    Savings:£2007/£20,000 = 10% Car fund:£0 Xs fund £70 B/day £50
    Noodle: 619 Clear: 490 msescore:918/61%
    • debbie_debt
    • By debbie_debt 12th Jun 17, 12:58 PM
    • 259 Posts
    • 786 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 05.06.2017 DEBTS = £14,562.85
    • debbie_debt
    • By debbie_debt 12th Jun 17, 1:06 PM
    • 259 Posts
    • 786 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 05.06.2017 DEBTS = £14,562.85
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