Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • Shelbi
    • By Shelbi 13th Nov 16, 9:21 PM
    • 582Posts
    • 1,197Thanks
    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 5th attempt: £9421.29 to clear....FFS!! Xx
Page 2
    • Shelbi
    • By Shelbi 12th Jan 17, 8:47 AM
    • 582 Posts
    • 1,197 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 5th attempt: £9421.29 to clear....FFS!! Xx
    • Shelbi
    • By Shelbi 12th Jan 17, 8:50 AM
    • 582 Posts
    • 1,197 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 5th attempt: £9421.29 to clear....FFS!! Xx
    • Shelbi
    • By Shelbi 18th Jan 17, 2:32 PM
    • 582 Posts
    • 1,197 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 5th attempt: £9421.29 to clear....FFS!! Xx
    • Shelbi
    • By Shelbi 12th May 17, 7:36 AM
    • 582 Posts
    • 1,197 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 5th attempt: £9421.29 to clear....FFS!! Xx
    • Shelbi
    • By Shelbi 12th May 17, 5:51 PM
    • 582 Posts
    • 1,197 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 5th attempt: £9421.29 to clear....FFS!! Xx
    • Shelbi
    • By Shelbi 13th May 17, 7:39 AM
    • 582 Posts
    • 1,197 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 5th attempt: £9421.29 to clear....FFS!! Xx
    • Shelbi
    • By Shelbi 14th May 17, 2:07 PM
    • 582 Posts
    • 1,197 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 5th attempt: £9421.29 to clear....FFS!! Xx
    • Shelbi
    • By Shelbi 16th May 17, 1:05 PM
    • 582 Posts
    • 1,197 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 5th attempt: £9421.29 to clear....FFS!! Xx
    • Shelbi
    • By Shelbi 18th May 17, 2:18 PM
    • 582 Posts
    • 1,197 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 5th attempt: £9421.29 to clear....FFS!! Xx
    • Shelbi
    • By Shelbi 21st May 17, 3:11 PM
    • 582 Posts
    • 1,197 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 5th attempt: £9421.29 to clear....FFS!! Xx
    • UncannyScot
    • By UncannyScot 21st May 17, 3:22 PM
    • 616 Posts
    • 2,739 Thanks
    UncannyScot
    Hi Shelbi,
    Keep on going lass you're getting there
    BUGGRITMILLENIUMHANDANDSHRIMP I TOLD EM! - Foul Ole Ron
    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
    • 386 Posts
    • 1,601 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
    • Shelbi
    • By Shelbi 23rd May 17, 1:33 PM
    • 582 Posts
    • 1,197 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 5th attempt: £9421.29 to clear....FFS!! Xx
    • jojitsui
    • By jojitsui 23rd May 17, 6:44 PM
    • 386 Posts
    • 1,601 Thanks
    jojitsui
    If you fancy doing a 30 day shred challenge together I would be very grateful of the added motivation x
    • Shelbi
    • By Shelbi 26th May 17, 3:55 PM
    • 582 Posts
    • 1,197 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 5th attempt: £9421.29 to clear....FFS!! Xx
    • Shelbi
    • By Shelbi 27th May 17, 8:54 AM
    • 582 Posts
    • 1,197 Thanks
    Shelbi
    Good Morning Diaryland,


    have updated my YNAB, every pound has a purpose Last night had a spend but happy to say had savings too. My friends daughters birthday spent £18 on her present, baby shower gift £15 but had a £10off voucher, which I was really pleased with- 4 rompers and 4bibs for £5 (thank you next). taking food and drinks to baby shower (so mummy &dad don't have much to do) will be juice and nibbles setting myself a £5limit and £5 dart charge.


    In other news I won £7.70 on the lotto, loving it! and found not one but 3 outfits for festival last night (none have been worn- brought last year and then not used. so that's saved me a packet.


    have allocated myself £100 spending money for June. and £75 for going out.. so will be taking out the cash and leaving my bank card at home this weekend. I expect to have change from this...


    also returning some books I brought hoping to get £28 back *fingers crossed* have sent £10 to the cc.


    will be doing my hair and nails at home today saving £45. oh and my own make up too...£35 saving! yes I admit I have been very spendy in the past..ill admit it wont look as good but who cares really ill rather clear my credit cards..one thing ill have to do today is my eyebrows, I cant do those myself. Oh and have found a box of fake eyelashes, I used to have individuals done and usually do for nights out so this will save me...£60. now you get an idea of where my money went add to that takeaways, holidays and clothes I pretty much know how I got in this whole...on the plus side I know how im getting out!! right best get dressed...have a beautiful day everyone xX
    If at first you don't succeed, dust yourself off & try again... Debt at 5th attempt: £9421.29 to clear....FFS!! Xx
    • jojitsui
    • By jojitsui 29th May 17, 4:08 PM
    • 386 Posts
    • 1,601 Thanks
    jojitsui
    Hi all, Shall we start the challenge on 1st June? I really need a kick up the bum!
    We have sold our house! Sorting through my stuff is embarrassing. I have so many clothes with the tags on, toiletry sets that have not been open, board games never played with and DVD/CDs never watched or listening too and loads of other impulse purchases! No wonder I have so much debt!!
    • Shelbi
    • By Shelbi 30th May 17, 9:42 PM
    • 582 Posts
    • 1,197 Thanks
    Shelbi
    Hi Jojitsui!!

    Massive congratulations on the house sale That's fantastic!! On the plus side all those goodies you've found can be sold to bring in some money...every little helps!! it'll be fab!

    Totally up for 1st of June, couldn't find my dvd (may have flogged it or lent it out) but ordered another, better than a gym membership... lets do it!!

    .... So my weekend was pretty good not too spendy/ not as thrift as Id have liked though I came home with change...have paid all my bills and have £330 left over with £29 left for petrol and £64.58 left for food shopping in the YNAB budget...am hoping to send the other £230 odd to cc but will do that bit by bit as a payment a day just in case.

    One thing that did happen was the microwave blew up over the weekend. Was years old and out of warranty...so had to replace that (lucky I didn't blow all of the spending money this weekend so I used that to cover it £58) still need to hold back as clearly Murphy was lurking about...

    MSE things I did today: Sent back the books (hopefully a £28 refund there) and some shorts to boohoo (£18) ..these will top up my spending fund as I used that to cover the microwave. Main thing for me was I didn't use the credit card as I usually do when Murphy pops up unexpected. Its the little things!!

    Spent £2 on lunch (egg sandwich £1 and pack of crisp £1 for 6...so 17p per pack) better than the 60p single pack/£3 meal deal...banked all the cash I had so I wont be tempted to spend anymore. £10 paid to cc

    I cant really think of anything else...Going to try and make June a dry month- may save a packet and help me shed those lb's... have a friends hen do in July so that would be really lovely to actually be in decent shape ...felt like a whale at festival between us

    Anyway that's all from me...have a fab evening everyone x
    If at first you don't succeed, dust yourself off & try again... Debt at 5th attempt: £9421.29 to clear....FFS!! Xx
    • Shelbi
    • By Shelbi 1st Jun 17, 9:44 PM
    • 582 Posts
    • 1,197 Thanks
    Shelbi
    Evening diaryland!!

    A Nsd today although i didnt eat very healthily, made a payment of £10 to cc and £9 yesterday...this month is the start of my dry month, typing this whilst the oh is enjoying a nice glass of red...why!! Bless him he did do the 30day shred with me though...which was really sweet, I realised im super unfit..its going to be a very long month lol! OH enjoyed it, more so the ladies in the background...but hey i still appreciated the company...jojitsui how did you find it hun? Ill confess those 20mins killed me, cant see myself moving on from level 1 at this rate, couldnt even manage the push ups but i did my best...it hurt...

    Oh & I weighed myself today...13st?!...I need to stick to this for sure, didn't get to go to lunch was so busy so tucked into my multi pack and cereal...not good..more prep is clearly needed...have made lunch for tomorrow, egg salad. Strict ban this month now on crisp, alcohol and biscuits...cant really spend anyway. Nothing else to report...cc1 down to £950...cant wait for it to be done and move on to the next! Actually may reduce the £230 on cc2 and just pay the minimum taking the rest over to cc1...may get it sorted that bit quicker, be a psychological boost at least...anyway I'm beat, hope you all had a wonderful day! Happy Thursday guys!! x
    If at first you don't succeed, dust yourself off & try again... Debt at 5th attempt: £9421.29 to clear....FFS!! Xx
    • Shelbi
    • By Shelbi 2nd Jun 17, 12:05 PM
    • 582 Posts
    • 1,197 Thanks
    Shelbi
    Afternoon Fellow DFWs,


    Today I've paid £62.74 to cc2 instead of the £230 s/o which has now been set to minimum.
    A payment of £10 was sent to cc1 along with £170 to cc1. cc1 now down to £770..need to get some more money together to clear it asap.... will attempt another nsd...have a fab one people. x
    If at first you don't succeed, dust yourself off & try again... Debt at 5th attempt: £9421.29 to clear....FFS!! Xx
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

356Posts Today

3,009Users online

Martin's Twitter
  • RT @thismorning: 'Sometimes the best gift is releasing somebody else from the obligation of having to give to you' says @MartinSLewis. Do y?

  • Shana tova umetuka - a sweet Jewish New Year to all celebrating. I won't be online the rest of t'week, as I take the time to be with family

  • Dear Steve. Please note doing a poll to ask people's opinion does not in itself imply an opinion! https://t.co/UGvWlMURxy

  • Follow Martin