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  • FIRST POST
    • jwil
    • By jwil 27th Mar 17, 2:47 PM
    • 7,811Posts
    • 22,433Thanks
    jwil
    Onwards and downwards...
    • #1
    • 27th Mar 17, 2:47 PM
    Onwards and downwards... 27th Mar 17 at 2:47 PM
    Hey everyone

    Iíve decided itís time for a new diary. Iíve been plodding away for years, robbing Peter to pay Paul, desperately trying to keep on top of everything. Iím fed up with doing this, so at the end of last year I started a DMP with Stepchange. Having someone else do all the hard work takes so much pressure off, and I donít need to worry about it so much now. I wish Iíd done it sooner!

    There is also the ongoing saga of clearing the house which has been going on for years. We have cleared most of the stuff we inherited, but still have loads of our own stuff to clear, DH more so than me. Whilst this drives me crazy, it has been invaluable in providing us extra cash while I sell everything that isnít nailed down.

    For anyone new popping in (Hello! ) Do stick around. There is me, DH, little jwil (4) and little miss (1). We also have a dog and a cat. DH is doing temporary work at the moment whilst looking for a FT job. My job is very uncertain at the moment, so just clinging on with great hope! I thought it was ok for the next couple of years, but itís all change again now so who knows!

    I hope old friends and new will pop in now and again to say hello and give me a boot up the bum
    "If you can dream it, you can do it". Walt Disney
Page 19
    • jwil
    • By jwil 6th Oct 17, 9:51 AM
    • 7,811 Posts
    • 22,433 Thanks
    jwil
    Well done on being so sensible and thinking things through. You r got a plan and you're doing wonderfully. Xx
    Originally posted by missymoo81
    Thank you Missy

    That's great news

    Paying off as much of the debt as possible sounds like the way to go. Good luck with however you decide to spend it
    Originally posted by HairyHandofDartmoor
    Thank you

    By the way, two of my debts hadn't been sold on but they still accepted a 50% full and final offer. Just worth bearing in mind.
    Originally posted by HairyHandofDartmoor
    That's interesting, I didn't think they were likely to accept them without being sold on. I'll bear that in mind for the future, thank you!
    "If you can dream it, you can do it". Walt Disney
    • jwil
    • By jwil 6th Oct 17, 9:52 AM
    • 7,811 Posts
    • 22,433 Thanks
    jwil
    Well I've been up all night with two poorly children, now they are bouncing around and I feel rubbish!
    "If you can dream it, you can do it". Walt Disney
    • jwil
    • By jwil 6th Oct 17, 10:06 AM
    • 7,811 Posts
    • 22,433 Thanks
    jwil
    I've now informed SC that I will be self managing my dmp from now on.
    "If you can dream it, you can do it". Walt Disney
    • missymoo81
    • By missymoo81 6th Oct 17, 11:43 AM
    • 5,748 Posts
    • 19,859 Thanks
    missymoo81
    I've now informed SC that I will be self managing my dmp from now on.
    Originally posted by jwil
    Well done!

    Poor you being up with poorly ones, I was up at 4am with a poorly one too. So can completely sympathise!
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 6th Oct 17, 9:11 PM
    • 2,272 Posts
    • 11,045 Thanks
    HairyHandofDartmoor
    Oh dear there seem to be lots of bugs going around at the moment. Hope you can catch up on your sleep tonight.

    A fresh start for you now you're self managing your damp.
    My Diary http://forums.moneysavingexpert.com/showthread.php?t=5716867
    Debt in July 2017 = £58,766 DEBT FREE 31 October 2017
    NEW GOALS - Build an Emergency Fund & Loss of Income Fund
    Emergency Fund 1 = £818/Emergency Fund 2 = £203.76
    • jwil
    • By jwil 11th Oct 17, 11:46 AM
    • 7,811 Posts
    • 22,433 Thanks
    jwil
    Well done!

    Poor you being up with poorly ones, I was up at 4am with a poorly one too. So can completely sympathise!
    Originally posted by missymoo81
    Oh dear there seem to be lots of bugs going around at the moment. Hope you can catch up on your sleep tonight.

    A fresh start for you now you're self managing your damp.
    Originally posted by HairyHandofDartmoor
    Thanks guys It's travelled round the house and little jwil is off again after another sickness bout yesterday. Oh well! He's absolutely fine today but can't go back for 2 days.
    "If you can dream it, you can do it". Walt Disney
    • mfmaybe
    • By mfmaybe 11th Oct 17, 1:51 PM
    • 1,002 Posts
    • 3,200 Thanks
    mfmaybe
    Just catching up. Sorry to hear about poorliness but Oh Em Gee at the payment! I don't know all the details of your situation (is interest frozen on them all?) but I don't think replacing the car is the way to go. £4.5k sounds like a lot but it won't buy much in terms of reliability. Even new, expensive, cars can break down, and there's nothing to say that a replacement won't still cost you money. Whereas if your low F&F's are accepted, then the return on that £4.5k becomes very lucrative indeed. This debt has been hanging over you and worrying you for so long that I think a huge decrease in the figure is the best option. (I realise this is what you are doing anyway, but thought I'd support your choice )
    Create credit card buffer fund £12.93/£1000 1.4%paid. Pay by Christmas 17

    Other debts paid since 1/1/14: £17,005
    • jwil
    • By jwil 11th Oct 17, 4:19 PM
    • 7,811 Posts
    • 22,433 Thanks
    jwil
    Total debt:

    1. £2,301.00/ £2,288.00
    2. £8,388.00/ £8,338.00
    3. £6,892.00/ £6,878.00
    4. £4,022.00/ £4,008.00
    5. £2,380.00/£1,900.00
    6. £4,586.00/£4,568.00
    7. £4,813.00/£4,787.00
    8. £1,175.00/£0.00

    £34,557/£32,763 = 5.19% paid
    Savings target: £19,320/£323 = 1.67% reached

    Emergency savings: £2000

    DFD - December 2087 Jan 2086

    Slowly but surely...
    Last edited by jwil; 11-10-2017 at 4:41 PM.
    "If you can dream it, you can do it". Walt Disney
    • jwil
    • By jwil 11th Oct 17, 4:22 PM
    • 7,811 Posts
    • 22,433 Thanks
    jwil
    Just catching up. Sorry to hear about poorliness but Oh Em Gee at the payment! I don't know all the details of your situation (is interest frozen on them all?) but I don't think replacing the car is the way to go. £4.5k sounds like a lot but it won't buy much in terms of reliability. Even new, expensive, cars can break down, and there's nothing to say that a replacement won't still cost you money. Whereas if your low F&F's are accepted, then the return on that £4.5k becomes very lucrative indeed. This debt has been hanging over you and worrying you for so long that I think a huge decrease in the figure is the best option. (I realise this is what you are doing anyway, but thought I'd support your choice )
    Originally posted by mfmaybe
    Thanks mfmaybe Yes, interest is frozen on all of them and I'm making token payments. So any big reductions will make a massive difference!
    "If you can dream it, you can do it". Walt Disney
    • jwil
    • By jwil 11th Oct 17, 4:27 PM
    • 7,811 Posts
    • 22,433 Thanks
    jwil
    As you can see, today I cleared my smallest debt It feels good to see the back of one.

    I was a bit gutted to find the snowball calculator has disappeared, and it wouldn't work on the stoozing one due to the long dates, so I've googled the calculation and put it into my excel spreadsheet. It came out the same as the old one so it's good for me

    I've bumped up my emergency savings to £2k and will see what I can negotiate with the rest Going to do one at a time to reduce the stress and so I know what I've got to play with.

    I've had my first acknowledgement today from one of my creditors about self managing so all is moving on.
    "If you can dream it, you can do it". Walt Disney
    • jwil
    • By jwil 11th Oct 17, 4:35 PM
    • 7,811 Posts
    • 22,433 Thanks
    jwil
    Decluttering:

    275. 4 x toy cars
    276. Picture
    277. 2 x toy trains
    278. Spoons
    279. Duster
    280. 2 x lego sets
    281. Ball of string
    282. Toy soldiers
    283. 2 x pairs shoes
    284. plastic crate
    285. bag bricks
    286. Bag assorted toy bits
    287. Bag lego
    288. Plastic crate
    289. Box
    290. Crate with lid
    291. 2 x boxes with lids
    292. Pen
    293. Kitchen bowl
    294. Bag clothes (nursery)
    "If you can dream it, you can do it". Walt Disney
    • jwil
    • By jwil 11th Oct 17, 4:38 PM
    • 7,811 Posts
    • 22,433 Thanks
    jwil
    Decluttering:
    Books: 476
    Magazines/papers: 52
    Ebay parcels: 1465
    Other: 294

    Total: 2287


    Ebay listings: 1675

    Survey/other earnings:
    Amazon: £168.35
    Paypal/cash: £207.07
    Other vouchers:
    "If you can dream it, you can do it". Walt Disney
    • jwil
    • By jwil 11th Oct 17, 4:40 PM
    • 7,811 Posts
    • 22,433 Thanks
    jwil
    Todays pads:

    £1.67 to Mortgage
    £5.00 to savings
    £5.49 to emergency savings
    £5.00 to joint od
    £595 to debt no 8.
    "If you can dream it, you can do it". Walt Disney
    • missymoo81
    • By missymoo81 11th Oct 17, 4:55 PM
    • 5,748 Posts
    • 19,859 Thanks
    missymoo81
    Yaaay to smallest debt going! Woohoo!! Love your decluttering list.
    • AdventureWanted
    • By AdventureWanted 11th Oct 17, 4:58 PM
    • 170 Posts
    • 598 Thanks
    AdventureWanted
    Well done on clearing debt
    LBM Aug 2017. DFD - May 2021 / Dec 2021
    CC1 - £971.00 / £5,185 1/8/17. CC2 - £7,020.00 / £13,470 1/8/17. CC3 - £10.940.00 / £11,400 1/8/17
    CC4 - £12,740.00 / £13,000 20/11/17

    1% challenge - 80%. PAD challenge - £2,581.77 (since 13/9/17)
    • abba1772
    • By abba1772 11th Oct 17, 7:57 PM
    • 4,032 Posts
    • 12,387 Thanks
    abba1772
    Congrats on getting rid of the debt xx
    NEXT TARGET HALIFAX CC WAS July 17 £3572.57 NOW £4531.19
    POAMAYC 2011 £6382.66 POAMAYC 2012 £5000.78
    POAMAYC 2013 £3480.04 POAMAYC 2014 £4085.14
    POAMAYC 2015 £7565.24 POAMAYC 2016 £8000.90
    POAMAYC 2017 £6825.51 / £6000
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 11th Oct 17, 8:30 PM
    • 2,272 Posts
    • 11,045 Thanks
    HairyHandofDartmoor
    Such a great feeling getting rid of one whole debt

    Have you worked out how much to offer which creditor for the full and finals?
    My Diary http://forums.moneysavingexpert.com/showthread.php?t=5716867
    Debt in July 2017 = £58,766 DEBT FREE 31 October 2017
    NEW GOALS - Build an Emergency Fund & Loss of Income Fund
    Emergency Fund 1 = £818/Emergency Fund 2 = £203.76
    • jwil
    • By jwil 12th Oct 17, 6:44 AM
    • 7,811 Posts
    • 22,433 Thanks
    jwil
    Todays pads:

    £1.33 to Mortgage
    £2.00 to savings
    £2.01 to joint od
    "If you can dream it, you can do it". Walt Disney
    • jwil
    • By jwil 12th Oct 17, 6:47 AM
    • 7,811 Posts
    • 22,433 Thanks
    jwil
    Yaaay to smallest debt going! Woohoo!! Love your decluttering list.
    Originally posted by missymoo81
    Well done on clearing debt
    Originally posted by AdventureWanted
    Congrats on getting rid of the debt xx
    Originally posted by abba1772
    Aww thank you lovelies Nice to see you adventure, I was just reading your diary the other day, will pop over and say hi
    "If you can dream it, you can do it". Walt Disney
    • jwil
    • By jwil 12th Oct 17, 6:49 AM
    • 7,811 Posts
    • 22,433 Thanks
    jwil
    Such a great feeling getting rid of one whole debt

    Have you worked out how much to offer which creditor for the full and finals?
    Originally posted by HairyHandofDartmoor
    Thank you, it feels good

    I haven't got any plans really. I'm going to go in really low (10%) and see what they come back with. I'll do it one at a time so if they counter something acceptable I can pay more.
    "If you can dream it, you can do it". Walt Disney
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