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  • FIRST POST
    • Treadingonplaymobil
    • By Treadingonplaymobil 12th Feb 17, 9:56 AM
    • 395Posts
    • 2,553Thanks
    Treadingonplaymobil
    £67,031.92 is a frightening number indeed....
    • #1
    • 12th Feb 17, 9:56 AM
    £67,031.92 is a frightening number indeed.... 12th Feb 17 at 9:56 AM
    £67,031.92. Seriously. £67,031.92. That is a SCARY number. I can't believe our debt has peaked (and it is the peak, I am determined) at this level.

    Our light bulb moment actually happened a few months back, but it's taken since then of wrangling utilities and carefully watching out income/outgoings (using You Need a Budget) to really figure out where we were overspending and how the monthly shortfall of anything from £200-£1,000+ was happening.

    We have literally nothing to show for this debt, it's just crept up over the past 8 years or so, and has always been at manageable levels, but back in October we realised we were spending more on credit cards each month than we were paying off.

    We committed that cardinal sin of taking out a consolidation loan, but alongside it we looked really carefully at our spending over the next couple of months, budgeted realistically for what we spend and have (I think) picked off all the easy 'low hanging fruit' of budget cuts and really identified why we were overspending.

    The main reason for the debt is, erm, me. Not that I'm the biggest spender (neither of us are amazing), but because I am self employed with a hugely variable income and basically worked out our budgets on the basis I would always earn my 'best' month's income. Which was, with hindsight, maybe a TINY bit deluded.

    The aim of this diary is to keep us on track with actually reducing our debt every single month, not doing it in a three steps forward, two (or four) steps back sort of way. Having sat down and put our numbers into the whatsthecost site, it appears that we are looking at 7 years and 1 month of repayments to clear the debt (and that's assuming we can get rid of the shortfall showing below). I REALLY want to reduce this term as that just seems bonkers.

    SOA below, with a couple of explanatory notes.

    Statement of Affairs and Personal Balance Sheet

    Household Information

    Number of adults in household........... 2
    Number of children in household......... 3
    Number of cars owned.................... 1

    Monthly Income Details

    Monthly income after tax................ 250 (variable, but this is the minimum I have earned in any month in the last 5 years)
    Partners monthly income after tax....... 2711.86
    Benefits................................ 192
    Other income............................ 0
    Total monthly income.................... 3153.86


    Monthly Expense Details

    Mortgage................................ 698
    Secured/HP loan repayments.............. 0
    Rent.................................... 0
    Management charge (leasehold property).. 0
    Council tax............................. 174 (including overpayment for a period when we messed up during a house move 18 months ago and didn't restart the direct debit for the new property. Will drop by a little under £50 after either March or April, can't remember which)
    Electricity............................. 52 (gas and electricity are one combined DD, I haven't checked the exact split but the total is £104)
    Gas..................................... 52
    Oil..................................... 0
    Water rates............................. 104 (also including a debt from previous property, but I think this will be included for another 6 months or so. I'm not sure what our actual usage is)
    Telephone (land line)................... 18.5 (includes internet)
    Mobile phone............................ 85 (£45 for my contract, which I use for work as well, £40 for DH)
    TV Licence.............................. 12.12
    Satellite/Cable TV...................... 0
    Internet Services....................... 0 (included in landline cost)
    Groceries etc. ......................... 520 (Includes £40 for one lot of school lunches. I am REALLY struggling to reduce this, but feel I could and should be able to!)
    Clothing................................ 100 (growing children, plus see notes below re clothes)
    Petrol/diesel........................... 225 (90% DH commuting costs)
    Road tax................................ 16.27
    Car Insurance........................... 25.22
    Car maintenance (including MOT)......... 30
    Car parking............................. 0
    Other travel............................ 50
    Childcare/nursery....................... 70 (this will disappear in April as child 3 gets free 15 hours)
    Other child related expenses............ 81.85 (music/swimming lessons x2, cubs and beavers, National Trust membership as they love visiting them)
    Medical (prescriptions, dentist etc).... 5
    Pet insurance/vet bills................. 0
    Buildings insurance..................... 27.07
    Contents insurance...................... 0
    Life assurance ......................... 16.26
    Other insurance......................... 0
    Presents (birthday, christmas etc)...... 90
    Haircuts................................ 20
    Entertainment........................... 135
    Holiday................................. 75
    Emergency fund.......................... 25
    Total monthly expenses.................. 2707.29



    Assets

    Cash.................................... 0
    House value (Gross)..................... 210000
    Shares and bonds........................ 0
    Car(s).................................. 800
    Other assets............................ 0
    Total Assets............................ 210800



    Secured & HP Debts

    Description....................Debt......Monthly.. .APR
    Mortgage...................... 173733...(698)......3.14
    Total secured & HP debts...... 173733....-.........-


    Unsecured Debts
    Description....................Debt......Monthly.. .APR
    Barclaycard....................6880.21...156...... .0
    MBNA...........................9614.71...98....... .0
    Parental loan..................20000.....0.........0 (see notes below)
    Tesco loan.....................21000.....377.......10
    Total unsecured debts..........57494.92..631.......-



    Monthly Budget Summary

    Total monthly income.................... 3,153.86
    Expenses (including HP & secured debts). 2,707.29
    Available for debt repayments........... 446.57
    Monthly UNsecured debt repayments....... 631
    Amount short for making debt repayments. -184.43


    Personal Balance Sheet Summary
    Total assets (things you own)........... 210,800
    Total HP & Secured debt................. -173,733
    Total Unsecured debt.................... -57,494.92
    Net Assets.............................. -20,427.92


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


    Regarding the (relatively) high clothes expense, it is a combination of 3 growing children (8, 6 and 3), plus the fact that my job is in the fashion industry, and as a self employed person I need to have the right sort of 'look' in order to get work (think along the lines of a self employed personal shopper - people need to see you looking good in order to book with you).

    The parental loan was for a house deposit. The parent in question has no idea about our debts. She is not desperate for the money back and isn't charging us interest, but has asked us to save £150-200 every month into a savings account and then once we've saved a decent sum to either repay them or 'reborrow' it for work on the house (basically they want us to be able to make repayments if they suddenly need the extra income, but meanwhile are happy for us to benefit from it. I am not saving the money while our debt payments are so high - we are hoping to have paid enough off that if the parent ever needs it that we can reborrow it and pay them back). This isn't great, but realistically I think the best solutions is to treat it as the lowest priority for snowballing - once we have paid back the other debts we will throw the entire £630+ at this debt.

    So, there is a freaking enormous shortfall every month, which is somewhat depressing. Most months it is covered by the fact that I earn more than my 'bare minimum', but it is those months where it isn't covered that the debt creeps up again, and I am a total disaster for going 'oh well, we've spent on the credit card, we might as well keep going' and buying more clothes or something for the house - this is probably a significant proportion of our debt problem.

    We have managed to get rid of the balance on the one credit card we were spending on, so the remaining ones are both on 0% deals (although one expires in September). I have not cut up the remaining credit card, because we don't have an emergency fund in case of eg boiler repairs, but it has not been used for all of a month, and I hope to keep it that way.

    A DMP or similar isn't really on my horizon right now - I feel like we should be able to make the cuts to make our budgets balance, and I am optimistic that as my income goes up (when I can work more as child 3 starts school) that we will be able to make overpayments.

    My plan for now is:
    1) Try to wiggle those budget numbers around enough that we don't have a shortfall any more.
    2) Make a plan for any months where I make extra - do I use it for an emergency fund, as a fund to cover future months' shortfalls, to throw money at the debt to try to reduce minimum payments in case of future 'shortfall' months?
    3) Try to make more money. Not quite sure how this will work as I am largely limited to working around DH's working hours (I work evenings and weekends and the 5hrs childcare per week we are paying for for child 3).

    Now that's all down in black and white I am feeling a combination of relieved (to be clear on the numbers) and immensely stressed (by the semi-regular £180+ shortfall).

    Onwards and downwards (for the debt, not me)!
Page 24
    • Bobarella
    • By Bobarella 20th Mar 17, 3:07 PM
    • 10,102 Posts
    • 64,608 Thanks
    Bobarella
    I always find cash a funny one to reconcile. Is it better to just write down, £20 cash point and then you know that's a solid amount to take out of the budget or do you bother with writing down every single item bought with the cash?

    I tend to lean more and more to being a card tapper contactless makes it so easy.
    £378 Debt free by 31/03/17 or bust
    Roadkill 17 £51.30 2016-£62.28 2015- £84.20)
    RYSAW17 £1410.90 2016 £2,535.16 2015 £1027.20
    PAYDBX 7 #£397/£760 to go!!
    NST March1 4/15
    • jaynebryan96
    • By jaynebryan96 20th Mar 17, 3:40 PM
    • 65 Posts
    • 500 Thanks
    jaynebryan96
    I'm really impressed with how you spread out any extra money.


    Agree you need to spread money out and allow for "life" otherwise if it is all sent to debt payment you wouldn't then have funds for clothing etc etc and would end up putting more onto CC


    You've done brilliantly reducing your outgoings by so much
    Debts to deal with Cap 1 £3996.83 £3923.43 (0%), Next £1252.21 £1211.85 (0%) Very £294.88 £282.64, Studio £266.11 £256.11 (0%), Halifax card £277.17 £466.01
    • princesst84
    • By princesst84 20th Mar 17, 5:35 PM
    • 613 Posts
    • 2,506 Thanks
    princesst84
    You have done so well getting on top of your budget, I wish I could be half as disciplined as you are.

    Just a quick note on your mobiles, are you still in contract? We have both got iphones, i couldnt live without mine! We have just moved to plusnet. 1500 minutes, 4GB of 4G data and unlimited texts for £10 pm on a rolling 30 day contract so if our phones did break and we couldnt afford to buy a 2nd hand one outright we would go back onto a contract with a new handset. Worth a look if you are out of contract
    • angelpye
    • By angelpye 20th Mar 17, 6:44 PM
    • 947 Posts
    • 3,354 Thanks
    angelpye
    I think we all do it differently and it depends on our situation and family dynamic etc. You are right to do what fits with you. Its a marathon and not only will you get to the finish line, I believe you will have much better financial behaviour so maybe when it is paid off you will be saving some of what you now put towards debt for a life goal. I liken it to a diet - I just can't do diets and cut everything 'nice' out so when I am heavier than I want to be I just cut down and exercise more...with money and debts I know I am the same - if I totally stripped back to bare essentials and ploughed into debt I would eventually have a big 'binge'! Its about changing habits as much as paying it off IMO.

    Looking all very positive and great for motivation to have a good review about where things are
    Happiness is wanting what you have...
    Debt Jan 2017: £2589.22 DFD: Sept 2022 April 2022 but this Marching Minimalist can beat that!
    Use it or Loose it gym target: Feb'17 5/6 Mar 2/6
    EF £0/£4200
    • Treadingonplaymobil
    • By Treadingonplaymobil 20th Mar 17, 8:54 PM
    • 395 Posts
    • 2,553 Thanks
    Treadingonplaymobil
    You have done so well getting on top of your budget, I wish I could be half as disciplined as you are.

    Just a quick note on your mobiles, are you still in contract? We have both got iphones, i couldnt live without mine! We have just moved to plusnet. 1500 minutes, 4GB of 4G data and unlimited texts for £10 pm on a rolling 30 day contract so if our phones did break and we couldnt afford to buy a 2nd hand one outright we would go back onto a contract with a new handset. Worth a look if you are out of contract
    Originally posted by princesst84
    We are still in contract, and my phone is on its last legs thanks to a dip in the bath a few months back (speaker is very quiet when on the phone), but I'll see if DH is prepared to keep his rather than upgrade. Worth keeping in mind, thanks!
    £67,031.92 is a frightening number indeed... The debt free diary of one family and their enormous debt
    LBM debt on 12th February 2017/DFD: £67,031.92/1st December 2026
    debt on 6/3/17/DFD: £65,836.53/1st August 2026
    • Treadingonplaymobil
    • By Treadingonplaymobil 20th Mar 17, 8:59 PM
    • 395 Posts
    • 2,553 Thanks
    Treadingonplaymobil
    I always find cash a funny one to reconcile. Is it better to just write down, £20 cash point and then you know that's a solid amount to take out of the budget or do you bother with writing down every single item bought with the cash?

    I tend to lean more and more to being a card tapper contactless makes it so easy.
    Originally posted by Bobarella
    I now have a YNAB 'account' which is all the cash in our house (kept in a tin, we keep about £100 in there most of the time), and every time we spend any it is entered into YNAB immediately. It's working well for us - we used to fritter away a lot of money by taking out a tenner for something that was a couple of quid and then the rest would disappear into the ether.
    £67,031.92 is a frightening number indeed... The debt free diary of one family and their enormous debt
    LBM debt on 12th February 2017/DFD: £67,031.92/1st December 2026
    debt on 6/3/17/DFD: £65,836.53/1st August 2026
    • Treadingonplaymobil
    • By Treadingonplaymobil 20th Mar 17, 9:02 PM
    • 395 Posts
    • 2,553 Thanks
    Treadingonplaymobil
    Knackered! Just back from epic food shop which cost a truly terrifying amount. 95% sure I have everything we need for the party now though.

    To do today:
    1. Eat healthily and walk 10,000 steps. I gained about 2lb last week in comfort eating, and was at the top end of my happy weight before that! Really need to get on top of this - feeling unhealthy and inactive really affects my mood. Have eaten pretty well and done 6,000 steps. Not perfect, but not bad.
    2. Put a laundry on and hang it out on airers. The weather is horrible now, but set to clear this afternoon, so might be able to stick the airers outside for an hour or two. Done!
    3. Food shopping, including last shopping for party bits. Done!
    4. Valued opinions for surveys. Not done, no time.
    5. Social media for work. Done.
    6. Make two meals while cooking this evening, so there is something ready for a lazy night this week. Realised I didn't even have the ingredients for the one meal as I hadn't been food shopping yet, so ended up making scrambled eggs! Not quite according to plan.
    7. Help DC1 choose presents for DC2 and 3. Not sure whether to go to toy shop (perhaps nicer for him) or order online (cheaper and can get cashback, which would interest him, but harder to find ideas if he doesn't have something in mind). Not done - he wants to go to a real shop so it will have to wait until Weds.

    To do this week:
    1. List old unloved handbag on eb@y - this didn't get done last week, annoyingly.
    2. List old nursing chair on eb@y too, unless my mum wants it back (we 'borrowed' it 9 years ago, she had said before we can sell it when we no longer need it, but I will double check)
    3. Make more candles - essential oils are here and I am running low again! (I spent a fortune on scented candles before starting to make them!)
    4. Finish sock knitting and cast on socks for my dad's birthday.
    5. Pay preschool bill (they didn't give me an invoice last week, hoping it will be there this morning for me when I drop off DC3).
    £67,031.92 is a frightening number indeed... The debt free diary of one family and their enormous debt
    LBM debt on 12th February 2017/DFD: £67,031.92/1st December 2026
    debt on 6/3/17/DFD: £65,836.53/1st August 2026
    • Treadingonplaymobil
    • By Treadingonplaymobil 21st Mar 17, 5:06 AM
    • 395 Posts
    • 2,553 Thanks
    Treadingonplaymobil
    Week 5: Day 3

    Morning! Have just about recovered from trauma of epic food shop yesterday. So much stuff! I'm going to try to bag up things like treasure hunt prizes this week and make sure we have enough of everything (sweets and chocolatey stuff, mainly, which is at least cheap if we need more). I'm hoping to find we have far too much and that we can save some for snacks and treats over Easter, but I doubt it somehow!

    Have a fairly un-busy day today, so am going to do a good walk with DC3 into town and back to pick up shower gel, which I forgot in the excitement of buying 12 metric tonnes of sugary junk yesterday in Aldi. Parent's meetings for DC1 and 2 this afternoon. Need to discuss the general thuggish behaviour going on in DC2's class (he is always coming home with a fresh scrape or bruise from someone being silly, but it doesn't sound like bullying either to or from him, and he isn't unhappy - want to check it with the teacher though).

    To do today:
    1. Eat healthily and walk 10,000 steps.
    2. Get at least one laundry on the line, preferably two. This time of year is always tricky for laundry - heating not on enough to easily dry inside, but frequently raining and cold outside!
    3. Check valued opinions for surveys
    4. Social media for work.
    5. Try again to make two meals while cooking this evening, since I now actually have some ingredients!
    6. Balance YNAB - forgot to do this yesterday and there's always a few transactions to add as they clear after the weekend.
    7. Plan both party treasure hunts and print out pictures.

    To do this week:
    1. List old unloved handbag on eb@y - this didn't get done last week, annoyingly.
    2. List old nursing chair on eb@y too, unless my mum wants it back (we 'borrowed' it 9 years ago, she had said before we can sell it when we no longer need it, but I will double check)
    3. Make more candles - essential oils are here and I am running low again! (I spent a fortune on scented candles before starting to make them!)
    4. Finish sock knitting and cast on socks for my dad's birthday.
    5. Pay preschool bill.
    £67,031.92 is a frightening number indeed... The debt free diary of one family and their enormous debt
    LBM debt on 12th February 2017/DFD: £67,031.92/1st December 2026
    debt on 6/3/17/DFD: £65,836.53/1st August 2026
    • Moneywhizz
    • By Moneywhizz 21st Mar 17, 8:40 AM
    • 113 Posts
    • 406 Thanks
    Moneywhizz
    I think you have a great plan in place for both living and paying off the debt. There is no point in throwing every penny at the debt and living a miserable life for a few years. If you begin to earn a lot more money you can always reassess the percentages or even add a pot for the parental loan. Hope the parties go well and your hospital appointment too. Just to encourage you, low level pain most often isn't one of the signs of anything serious. Fingers crossed.
    • Treadingonplaymobil
    • By Treadingonplaymobil 21st Mar 17, 12:35 PM
    • 395 Posts
    • 2,553 Thanks
    Treadingonplaymobil
    I have come to the conclusion that I am better with a black and white 'don't spend any money at all' rule. Since having these big birthday spends I am aware I have been much more careless with money. Not loads, but have definitely overspent by perhaps £20 this week on various bits and bobs, which our budget doesn't have the scope for (certainly not every week or even every month really). Have just realised this after popping into town for some ribbon, and coming back with too much ribbon, fancy herbal tea (£2.50 a box) and a bag of sweets. All mentally justified on the basis that we've already overspent for this month so it hardly matters. This is a real weakness of mine - once I'm over budget there is a huge temptation to just go '**** it, I might as well keep on spending.' Must try to be even more aware of this.
    £67,031.92 is a frightening number indeed... The debt free diary of one family and their enormous debt
    LBM debt on 12th February 2017/DFD: £67,031.92/1st December 2026
    debt on 6/3/17/DFD: £65,836.53/1st August 2026
    • JoJoC
    • By JoJoC 21st Mar 17, 1:19 PM
    • 750 Posts
    • 2,074 Thanks
    JoJoC
    I have the exact same attitude TOP - it's a slippery slope, isn't it? It's good now that you recognise it and know how to avoid it where possible. I think it's right to just write off what has happened, draw a line, grab your composure and commitment and start again. IT's easy to beat yourself up for these spends, but it won't change anything. As long as you're learning from your behaviour, i think that's a win.
    Mummy of two boys - Working hard to make better financial choices!
    *My debt busting and savings diary*
    • Treadingonplaymobil
    • By Treadingonplaymobil 21st Mar 17, 7:06 PM
    • 395 Posts
    • 2,553 Thanks
    Treadingonplaymobil
    Have just reconciled YNAB. The horror! Nothing over budget yet, but we have another week and a bit to get through with practically no money. Should be entertaining. I can, if absolutely necessary, lose some of the buffer I have set up in my business account and use some of that money, but I am really loathe to do it. I'll see how the party weekend pans out and then have the ultimate grocery budgeting challenge to get to the end of the month.
    £67,031.92 is a frightening number indeed... The debt free diary of one family and their enormous debt
    LBM debt on 12th February 2017/DFD: £67,031.92/1st December 2026
    debt on 6/3/17/DFD: £65,836.53/1st August 2026
    • Treadingonplaymobil
    • By Treadingonplaymobil 21st Mar 17, 8:53 PM
    • 395 Posts
    • 2,553 Thanks
    Treadingonplaymobil
    Exhausted after another busy day (I don't seem to have any non-busy days at the moment - I was talking to a friend earlier who said she got gripped by a book and read for two hours and I literally can't remember the last time I had two hours to myself!).

    Parents meeting with the older two DCs' teachers went well - one is wildly academic and fairly unsociable, one is averagely academic and enormously gregarious. They average out to two normal children, which I'm calling a win.

    To do today:
    1. Eat healthily and walk 10,000 steps. Done!
    2. Get at least one laundry on the line, preferably two. This time of year is always tricky for laundry - heating not on enough to easily dry inside, but frequently raining and cold outside!
    3. Check valued opinions for surveys. Not done. I am useless at finding time for this.
    4. Social media for work. Done!
    5. Try again to make two meals while cooking this evening, since I now actually have some ingredients! Not done, but I did make a monster batch of black bean chilli for dinner, enough for at least one more family meal, maybe two.
    6. Balance YNAB - forgot to do this yesterday and there's always a few transactions to add as they clear after the weekend. Done. Traumatic. Have approx 8p to last the next 10 days. That's be fine, right?
    7. Plan both party treasure hunts and print out pictures. Not done, moved to tomorrow's list.

    To do this week:
    1. List old unloved handbag on eb@y - this didn't get done last week, annoyingly.
    2. List old nursing chair on eb@y too, unless my mum wants it back (we 'borrowed' it 9 years ago, she had said before we can sell it when we no longer need it, but I will double check)
    3. Make more candles - essential oils are here and I am running low again! (I spent a fortune on scented candles before starting to make them!)
    4. Finish sock knitting and cast on socks for my dad's birthday.
    5. Pay preschool bill. Done!
    £67,031.92 is a frightening number indeed... The debt free diary of one family and their enormous debt
    LBM debt on 12th February 2017/DFD: £67,031.92/1st December 2026
    debt on 6/3/17/DFD: £65,836.53/1st August 2026
    • Bobarella
    • By Bobarella 21st Mar 17, 10:01 PM
    • 10,102 Posts
    • 64,608 Thanks
    Bobarella
    Glad parents evening went well. I know what you mean. I knew things were bad when I enjoyed my walk to Mr T on Sunday evening to grab some forgotten grocery items. Leaving the smalls at home with OH.
    The freedom! No buggy. No small person leaning out dangerously to one side making the whole thing take on the resemblance of a clown car. No one asking me to choose whether I'd rather be superman or batman....

    Well overdue some grownup time!
    £378 Debt free by 31/03/17 or bust
    Roadkill 17 £51.30 2016-£62.28 2015- £84.20)
    RYSAW17 £1410.90 2016 £2,535.16 2015 £1027.20
    PAYDBX 7 #£397/£760 to go!!
    NST March1 4/15
    • armchairexpert
    • By armchairexpert 22nd Mar 17, 12:42 AM
    • 247 Posts
    • 1,734 Thanks
    armchairexpert
    Not that you asked for advice BUT I am going to say that I think doing surveys is not a useful use of your time. They're great for people who can't increase their income any other way, but you're time poor, and you have your own business to build - if you do find some extra minutes here and there, I think you're far better off putting them into your own business.

    Apart from that piece of unsolicited, I just wanted to say how much I enjoy your writing and I'm cheering you on. Good luck with your boundless 8p riches!
    MFW

    Feb 17 -$229,371
    March 17 -$230,023
    • Cherryfudge
    • By Cherryfudge 22nd Mar 17, 12:57 AM
    • 57 Posts
    • 97 Thanks
    Cherryfudge
    You have plus 8p which is better by far than minus 8p... though admittedly not enormously helpful. However, I spotted a very large black bean chilli in there too. Looking good. You are headed in the right direction. If you are making sandwiches for the kiddlywinks, you may find yourselves living off them too. I remember doing that after discovering too late that sandwiches are apparently mere party accessories and don't appeal to the marauding masses.

    I quite fancy black bean chilli, now you mention it... and did you know you can use the cooking juices from beans (cooking not soaking) in place of eggs in cooking? I only found that out today. It's called aquafaba. So that will save you the price of a box of eggs. Apparently it makes a brownie-like bake and tastes no different from normal.

    Well done on all you're achieving by the way. Truly. That's an impressive list of things already done.
    • Treadingonplaymobil
    • By Treadingonplaymobil 22nd Mar 17, 5:59 AM
    • 395 Posts
    • 2,553 Thanks
    Treadingonplaymobil
    You have plus 8p which is better by far than minus 8p... though admittedly not enormously helpful. However, I spotted a very large black bean chilli in there too. Looking good. You are headed in the right direction. If you are making sandwiches for the kiddlywinks, you may find yourselves living off them too. I remember doing that after discovering too late that sandwiches are apparently mere party accessories and don't appeal to the marauding masses.

    I quite fancy black bean chilli, now you mention it... and did you know you can use the cooking juices from beans (cooking not soaking) in place of eggs in cooking? I only found that out today. It's called aquafaba. So that will save you the price of a box of eggs. Apparently it makes a brownie-like bake and tastes no different from normal.

    Well done on all you're achieving by the way. Truly. That's an impressive list of things already done.
    Originally posted by Cherryfudge
    I did not know that about the bean water! Although I usually use it in the chilli when I do a black bean one. I wonder if it works for all beans though - there are some recipes where I don't use the water. Off to google!

    I think we have a couple of other leftover meals in the freezer - I'm going to have a mega planning session on a Sunday with whatever's left. Even if we are a little over, I am going to keep reminding myself that £20 over is better than £50 over, and only £10 is even better again!

    We have given up on sandwiches for exactly that reason - DH is going to make mini pizzas with the leftovers from homemade pizzas on Thursday, and sausage rolls.
    Last edited by Treadingonplaymobil; Yesterday at 6:02 AM.
    £67,031.92 is a frightening number indeed... The debt free diary of one family and their enormous debt
    LBM debt on 12th February 2017/DFD: £67,031.92/1st December 2026
    debt on 6/3/17/DFD: £65,836.53/1st August 2026
    • Treadingonplaymobil
    • By Treadingonplaymobil 22nd Mar 17, 6:04 AM
    • 395 Posts
    • 2,553 Thanks
    Treadingonplaymobil
    Not that you asked for advice BUT I am going to say that I think doing surveys is not a useful use of your time. They're great for people who can't increase their income any other way, but you're time poor, and you have your own business to build - if you do find some extra minutes here and there, I think you're far better off putting them into your own business.

    Apart from that piece of unsolicited, I just wanted to say how much I enjoy your writing and I'm cheering you on. Good luck with your boundless 8p riches!
    Originally posted by armchairexpert
    I think you're probably right - it seems silly not to do surveys as they are 'free money' but actually my time is my most precious commodity at the moment. Maybe over Easter when I have a lot of dead time with the children (when they are off school and occupied, but not enough for me to get on with work) I'll get some done, but I'm not going to stress about it, and I might remove it from my daily list as it's hardly ever getting done.
    £67,031.92 is a frightening number indeed... The debt free diary of one family and their enormous debt
    LBM debt on 12th February 2017/DFD: £67,031.92/1st December 2026
    debt on 6/3/17/DFD: £65,836.53/1st August 2026
    • Treadingonplaymobil
    • By Treadingonplaymobil 22nd Mar 17, 6:05 AM
    • 395 Posts
    • 2,553 Thanks
    Treadingonplaymobil
    Glad parents evening went well. I know what you mean. I knew things were bad when I enjoyed my walk to Mr T on Sunday evening to grab some forgotten grocery items. Leaving the smalls at home with OH.
    The freedom! No buggy. No small person leaning out dangerously to one side making the whole thing take on the resemblance of a clown car. No one asking me to choose whether I'd rather be superman or batman....

    Well overdue some grownup time!
    Originally posted by Bobarella
    Yes, this! I love my little team, but sometimes I just want a bit of headspace.
    £67,031.92 is a frightening number indeed... The debt free diary of one family and their enormous debt
    LBM debt on 12th February 2017/DFD: £67,031.92/1st December 2026
    debt on 6/3/17/DFD: £65,836.53/1st August 2026
    • stoplurking
    • By stoplurking 22nd Mar 17, 7:41 AM
    • 314 Posts
    • 1,994 Thanks
    stoplurking
    Hi ToP
    I love reading your diary, it's very entertaining for an onlooker but so busy for you. You are doing brilliantly.

    Re the lack of funds for rest of month, well once you've blown the 8p that is, why not just get that blooming handbag up on the bay and see if some kind soul will put it out of its misery? It's been languishing there on your list for weeks and might mean you don't go over budget this month.

    I know you have plans for money made from sales but if it saves you dipping into your business account that's all good surely? Then if that goes, put the chair on, mother permitting.
    Just a thought from a stranger on Internet so feel free to ignore! Keep up the good work. Hope the parties go well. X
    LBM Oct12 Debts at LBM £17715.93.
    Orig DFD Apr15 DFD 24/12/13
    3-6monthEFC#9 £1661/4000 41.5%
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