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  • FIRST POST
    • Shelbi
    • By Shelbi 13th Nov 16, 9:21 PM
    • 567Posts
    • 1,170Thanks
    Shelbi
    3rd Time Lucky?!- Attempting to clear 6645.93 of debt in 105days (3months+13days)!!
    • #1
    • 13th Nov 16, 9:21 PM
    3rd Time Lucky?!- Attempting to clear 6645.93 of debt in 105days (3months+13days)!! 13th Nov 16 at 9:21 PM
    Ok so have kinda messed up turns out Haliwax (cc2) have started charging interest 2 this month...seriously confused thought it had a much longer 0% interest term. So have stupidly opted for a 3 month 0% Interest balance when I should've got a longer term...only a 4 interest on a 3.5k balance but damn Im so annoyed with myself for this!! So basically both cards need to be paid off ASAP. so far daily payments made have been 2.11 pathetic I know but something at least. I think this shows me how much I need to sort this out. Im ready! So my plan is to pay 3 monthly instalments of 1048.64 to cc1 and 3 instalments of 59.01 to cc2 (1107.65 total to be paid on the 1st each payday) I have to try to live on the rest 1237.39- maybe a little tricky but needs to be done. After the remaining balance of 3322.96 will be paid with February's pay (assuming I receive a bonus this year) New goal DFD 26 Feb 2016...105 days from now so google tells me (3months & 13days from today)...New Challenge..new diary...here goes!! *crosses fingers*....3rd Time lucky?!
    If at first you don't succeed, dust yourself off & try again... Debt at 4th attempt: CC1 H- was 2020.52 now 999 & cc2- was:2784.2 now:2554.2 -Total Balance: 3553.20
Page 2
    • Shelbi
    • By Shelbi 12th Jan 17, 8:47 AM
    • 567 Posts
    • 1,170 Thanks
    Shelbi
    Thank you Kitty868, will definitely do that hun...have spent the past twor evenings having a good old sort out...hope to ziffit all on Sunday X
    If at first you don't succeed, dust yourself off & try again... Debt at 4th attempt: CC1 H- was 2020.52 now 999 & cc2- was:2784.2 now:2554.2 -Total Balance: 3553.20
    • Shelbi
    • By Shelbi 12th Jan 17, 8:50 AM
    • 567 Posts
    • 1,170 Thanks
    Shelbi
    Another NSD day planned today, have paid another 10 to my cc. Nothing more to report...just battening down the hatches until payday x
    If at first you don't succeed, dust yourself off & try again... Debt at 4th attempt: CC1 H- was 2020.52 now 999 & cc2- was:2784.2 now:2554.2 -Total Balance: 3553.20
    • Shelbi
    • By Shelbi 18th Jan 17, 2:32 PM
    • 567 Posts
    • 1,170 Thanks
    Shelbi
    Hi Guys,


    Quickest of updates still awaiting payday...but met by some unforeseen sods laws have had to buy a new cooker (ours blew up), fix car & all other manner of mishaps resulting in having to use credit card will update later but am literally counting the days until payday...update, action plan, soa and budget to follow x
    If at first you don't succeed, dust yourself off & try again... Debt at 4th attempt: CC1 H- was 2020.52 now 999 & cc2- was:2784.2 now:2554.2 -Total Balance: 3553.20
    • Shelbi
    • By Shelbi 12th May 17, 7:36 AM
    • 567 Posts
    • 1,170 Thanks
    Shelbi
    It feels like it's been forever since I've been on MSE, I still have debt - 4778.72 to be exact...I struggle with debt much the same as I struggle with weight, I lose it all and find it all again somehow! April/may always seems the time I take a look at myself- new financial year? Summertime fast approaching I don't know but I do know I've got to get back into financial shape again.

    I have seen people on my journey who started out the same time clear debts, save and never look back..well I want that...I really want to be debt free once and for all. I'm not starting a brand new diary but continuing from one of my old ones...probably would've been better to continue from my oldest one but hey how I've started this now. I'm hoping that will help me stay focused on how long I've been in debt and my struggles with it.

    Ok so plan for today- no spend day, actually post soa, update my ynab, budget for MAYS payday. Make a payment a day, think of 10 things I'm grateful for...list 10 things on eBay/spock/ziffit! Thanks for reading...I have no real debt free date, it's more get gazelle intense and get out!! Here goes....have a fab day one and all x
    If at first you don't succeed, dust yourself off & try again... Debt at 4th attempt: CC1 H- was 2020.52 now 999 & cc2- was:2784.2 now:2554.2 -Total Balance: 3553.20
    • Shelbi
    • By Shelbi 12th May 17, 5:51 PM
    • 567 Posts
    • 1,170 Thanks
    Shelbi
    SOA- Where I stand right now....
    Ok so heres my SOA...

    Statement of Affairs and Personal Balance Sheet

    Household Information

    Number of adults in household........... 1 (I live with family, no dependents-I have accounted for portions I pay for)
    Number of children in household......... 0
    Number of cars owned.................... 1

    Monthly Income Details

    Monthly income after tax................ 2435.99 (my income, less travel season ticket (deducted from pay monthly), pension deductions, tax &ni etc)- Basically my take home
    Partners monthly income after tax....... 0
    Benefits................................ 0
    Other income............................ 0
    Total monthly income.................... 2435.99


    Monthly Expense Details

    Mortgage................................ 0
    Secured/HP loan repayments.............. 0
    Rent.................................... 281.45 (my share of rent paid)
    Management charge (leasehold property).. 0
    Council tax............................. 94.28 (I cover full amount of c/t instead of gas and heat, etc)
    Electricity............................. 0
    Gas..................................... 0
    Oil..................................... 0
    Water rates............................. 0
    Telephone (land line)................... 0
    Mobile phone............................ 48 (mine 27.50 and mums 13.50) cant reduce mine until Dec 17)
    TV Licence.............................. 0
    Satellite/Cable TV...................... 0
    Internet Services....................... 0
    Groceries etc. ......................... 120 (Bit high- this covers me and any shopping I do when I stay at my OH's...honestly looking at receipts I think its mostly wine)
    Clothing................................ 0
    Petrol/diesel........................... 40
    Road tax................................ 11.6 (pay monthly)
    Car Insurance........................... 100 ( I pay annually- about 600 I think, but this will be May & June saving towards it- Ive been slack this year)
    Car maintenance (including MOT)......... 0 already paid last month
    Car parking............................. 0
    Other travel............................ 0
    Childcare/nursery....................... 0
    Other child related expenses............ 0
    Medical (prescriptions, dentist etc).... 0
    Pet insurance/vet bills................. 0
    Buildings insurance..................... 0
    Contents insurance...................... 0
    Life assurance ......................... 0
    Other insurance......................... 0
    Presents (birthday, christmas etc)...... 50
    Haircuts/beauty etc................................ 20
    Entertainment........................... 100
    Holiday................................. 0
    Emergency fund.......................... 0
    house keep ............................. 50 (again paid instead of gas/electric/tv licence contri)
    savings 5%.............................. 250 (paid when I get paid, cant pull it out with out penalties & No desire to stop this)
    Total monthly expenses.................. 1165.33



    Assets

    Cash.................................... 750
    House value (Gross)..................... 0
    Shares and bonds........................ 0
    Car(s).................................. 4000
    Other assets............................ 0
    Total Assets............................ 4750


    No Secured nor Hire Purchase Debts


    Unsecured Debts
    Description....................Debt......Monthly.. .APR
    Halifax Card...................1990......19.9......0
    Barclaycard....................2778.72...30....... .0
    Total unsecured debts..........4768.72...49.9......-



    Monthly Budget Summary

    Total monthly income.................... 2,435.99
    Expenses (including HP & secured debts). 1,165.33
    Available for debt repayments........... 1,270.66
    Monthly UNsecured debt repayments....... 49.9
    Amount left after debt repayments....... 1,220.76


    Personal Balance Sheet Summary
    Total assets (things you own)........... 4,750
    Total HP & Secured debt................. -0
    Total Unsecured debt.................... -4,768.72
    Net Assets.............................. -18.72


    Created using the SOA calculator at www.stoozing.com.
    Reproduced on Moneysavingexpert with permission, using other browser.


    The SOA wasnt as scary as I thought and definitely gave me a better idea of where I stand, I should have 1270 left over each month to put towards clearing my debt- so should take me about 4 months if I can actually stick to it. have just under 400 left in my account till pay...have one festival, One seminar and one babyshower to get though then will send the rest to the cc.

    Didnt manage an nsd- spent 15 on lunch (team lunch) but was really nice, maybe my last for a while whilst I get this all sorted. Made a 10 payment to cc included in the totals above. Feeling a little more excited and optimistic now...just cant wait for payday now...all I have to do is curb my spending x
    Last edited by Shelbi; 12-05-2017 at 6:10 PM.
    If at first you don't succeed, dust yourself off & try again... Debt at 4th attempt: CC1 H- was 2020.52 now 999 & cc2- was:2784.2 now:2554.2 -Total Balance: 3553.20
    • Shelbi
    • By Shelbi 13th May 17, 7:39 AM
    • 567 Posts
    • 1,170 Thanks
    Shelbi
    Good morning diary land...am out today so will give myself a budget of 10-lunch/snacks etc.. Have sent 5 to cc1 as a payment a day offerring. Any underspend from today will be paid over later. Feel like a teenager with limited spends 10 for a day out...mind you I used to make that stretch, to this day I still don't know how...
    Hmm time for tea I think...have a fab day one & all x
    If at first you don't succeed, dust yourself off & try again... Debt at 4th attempt: CC1 H- was 2020.52 now 999 & cc2- was:2784.2 now:2554.2 -Total Balance: 3553.20
    • Shelbi
    • By Shelbi 14th May 17, 2:07 PM
    • 567 Posts
    • 1,170 Thanks
    Shelbi
    Good morning diaryland, so my attempt to spend only 10 for a day up London failed....total cost- 26 ahhh...spent 20 on food for the week (groceries) and have sent 7.23 to the cc monster. Today I'm staying home to conserve funds...yay! Sadly that's all I have to report...hope everyone has a fab Sunday xx
    If at first you don't succeed, dust yourself off & try again... Debt at 4th attempt: CC1 H- was 2020.52 now 999 & cc2- was:2784.2 now:2554.2 -Total Balance: 3553.20
    • Shelbi
    • By Shelbi 16th May 17, 1:05 PM
    • 567 Posts
    • 1,170 Thanks
    Shelbi
    Good Afternoon one and all, So yesterday I sent 17.12 to the cc and today another 10. Will aim to send 10 a day until payday. Went shopping last night- spent 70 in Aldi was quite a bit but the freezer needed filling. That said I wont be spending anything on food for the next 2 weeks at least (except perishables). Having a NSD today, brought in box of cereal (quite big should last a minute- and a microwave meal from home). Right back to work I guess...Have a fab day one & all. x
    If at first you don't succeed, dust yourself off & try again... Debt at 4th attempt: CC1 H- was 2020.52 now 999 & cc2- was:2784.2 now:2554.2 -Total Balance: 3553.20
    • Shelbi
    • By Shelbi 18th May 17, 2:18 PM
    • 567 Posts
    • 1,170 Thanks
    Shelbi
    Hey my fellow dfw's,


    Sorry I haven't checked in in the past 2 days, have been lurking & reading diaries for inspiration. Yesterday- I managed to have a nsd- paid 10 to cc and since I made lunch and saved myself 3 odd I sent that too.


    Today sent 10 to the cc, managed to bring in lunch- sadly not a nsd as my earphones broke- so ordered a new pair and 1l mouthwash (also run out) for 10.10. Annoying but necessary :/ Going to try for no more further spends today. Right lunch is up back to work I go...have a fab day all.
    If at first you don't succeed, dust yourself off & try again... Debt at 4th attempt: CC1 H- was 2020.52 now 999 & cc2- was:2784.2 now:2554.2 -Total Balance: 3553.20
    • Shelbi
    • By Shelbi 21st May 17, 3:11 PM
    • 567 Posts
    • 1,170 Thanks
    Shelbi
    Afternoon all...so the weekend has been a bit spendy...
    Friday was a night out with the girls dinner and a movie- total spend 33 (8 cinema entry and 25 on dinner) sent my mum 60 as she was away for the weekend and didn't have much so chipped in for that (hoping bank of good karma will bring it back in another way)
    Saturday night in- cheeky take away and drinks 23 still cheaper than a night out...
    On the plus side still paying my 10 a day as payment to cc...have 5 days to payday and 190 odd left so hoping to send as much as I can to cc. Today will be an nsd, staying home doing chores...so glamorous... will also work on budget for next month as I have a couple of days out planned...have been reading articles on saving, trying to set myself the task of buying no clothes until this debt is cleared...no takeaways either. Right back to it have a fab day guys xX
    If at first you don't succeed, dust yourself off & try again... Debt at 4th attempt: CC1 H- was 2020.52 now 999 & cc2- was:2784.2 now:2554.2 -Total Balance: 3553.20
    • UncannyScot
    • By UncannyScot 21st May 17, 3:22 PM
    • 134 Posts
    • 386 Thanks
    UncannyScot
    Hi Shelbi,
    Keep on going lass you're getting there
    It is important that we know where we come from, because if you do not know where you come from, then you do not know where you are, and if you don't know where you are, then you don't know where you are going. If you don't know where you're going, you're probably going wrong.
    R.I.P. T.P.
    • jojitsui
    • By jojitsui 21st May 17, 9:23 PM
    • 373 Posts
    • 1,539 Thanks
    jojitsui
    Hi Shelbi,
    I am in a similar position to you (money and weigh wise!!)
    I have just over 8 weeks to try and clear just over 5k from my credit card and lose 2 stone!! Neither of these things are very likely but I am going to give it my best shot!
    I am going to take lunch into work everyday and have five no spend days this week too!
    I was going to join a gym but instead I have dug out my 30 day shred DVD and a going to give it a bash instead!
    Best of luck
    CC 107.91/5107.91
    0/28
    • Shelbi
    • By Shelbi 23rd May 17, 1:33 PM
    • 567 Posts
    • 1,170 Thanks
    Shelbi
    Thank you UncannyScot ..still chugging along nicely....
    Jojitsui- Thank you!! Aww I love that your giving it your best- you'll do it and if not your reduce it to a fraction...You've got this!!.. Great call on the gym, I tried 30day shred was great (may need to dig that out again myself- hope Ive still got it)..Guys seriously thanks for stopping by- I sometimes feel like I'm writing to myself (which I am-but also nice to have support) so truly thank you.


    So nothing much has been happening on my side- still sending my 10 a day offering to cc1 (cc2 has a standing order of 230 per month) I wont increase till cc1 is demolished. No spend day today and working on making myself feel prosperous- read in a book that you attract what you concentrate on so Im concentrating on being grateful to pay my bills even a little offering and any gifts/funds/blessings that flow my way (cant hurt)....3 days till payday (I cant wait).


    hope you all have a fab day xX
    If at first you don't succeed, dust yourself off & try again... Debt at 4th attempt: CC1 H- was 2020.52 now 999 & cc2- was:2784.2 now:2554.2 -Total Balance: 3553.20
    • jojitsui
    • By jojitsui 23rd May 17, 6:44 PM
    • 373 Posts
    • 1,539 Thanks
    jojitsui
    If you fancy doing a 30 day shred challenge together I would be very grateful of the added motivation x
    CC 107.91/5107.91
    0/28
    • Shelbi
    • By Shelbi 26th May 17, 3:55 PM
    • 567 Posts
    • 1,170 Thanks
    Shelbi
    Hi Jotisui, yes that would be fantastic definitely up for that...thank you, in desperate need of motivation xX


    Today is payday and Friday yay! have paid 865.88 over to cc1 and 230 dd on cc2 to be taken out shortly so have updated my signature makes me feel a little better. total to be paid 3553.20 , if I have anything left over at the end of the month will send it there, definitely going to continue with the payment a day, death by a 1000 cuts...hope everyone's enjoying the sunshine...have a fab bank holiday guys x
    If at first you don't succeed, dust yourself off & try again... Debt at 4th attempt: CC1 H- was 2020.52 now 999 & cc2- was:2784.2 now:2554.2 -Total Balance: 3553.20
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