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  • FIRST POST
    • River.Bee
    • By River.Bee 2nd Apr 17, 1:09 PM
    • 73Posts
    • 227Thanks
    River.Bee
    The Beginning of the End
    • #1
    • 2nd Apr 17, 1:09 PM
    The Beginning of the End 2nd Apr 17 at 1:09 PM
    New diary, new beginnings.
    I wanted to make a fresh diary to coincide with my newly refreshed debt-busting attitude. For years this debt has been hanging over my head and I am sick to death of it now; I refuse to allow it a permanent place in my life any longer.
    It began in 2013 when I got my first credit card, working full time jobs so not being too bothered about it, and has since accumulated into £3462

    Lloyd's CC: £680 0%
    Tesco CC: £54
    Barclaycard CC: £2665 0%
    Very: £63 0%

    From reading other DFWB's diaries on here (thank you all btw for your strength, determination and advice) I've started using YNAB and even just after a week it's opened my eyes tremendously to how easy budgeting can be. So I check it every day and update it as soon as a transaction comes in or goes out. Plus, as a student, I can get a free years subscription to it after the initial 34-day free trial. So I'm definitely going to be taking advantage of that!

    After months of part-time job hunting, I've finally secured myself some employment, starting this Wednesday so this will really help me kick off my debt busting journey.

    At the moment I'm struggling with anxiety and depression which I am seeing help for, so slowly but steadily, hopefully I'll be on the mental mend soon enough.

    (Achievable) Things that will make me happy:
    1. Changing university degree
    2. Being totally debt free
    3. Moving into my new student house on July1st
    4. A considerable saving towards a mortgage deposit with my boyfriend

    I will keep referring back to this list to keep my motivation going when times (inevitably) get tough.

    Right I think that's it for my first post, going to nose around on the Debt Free Roll of Honour thread for inspiration.

    27/3/2017 - The Beginning of the End
    Credit Card Total Debt: £3462 £2975
    Pledge to clear (well) before uni graduation: July 2019

    5/4/2017 joined DFBXmas17 - £544/£1720 31.6%
Page 3
    • River.Bee
    • By River.Bee 7th May 17, 4:21 PM
    • 73 Posts
    • 227 Thanks
    River.Bee
    Popped in Tesco today to get some alcohol for tonight as I'm going out to the pub with my friends. Intended just to buy a four-pack of cider. But as it was sunny and warm, a bottle of Pimms caught my eye £15 I was stood in the aisle umming and arring for ages. My OH said why not treat yourself since it has been aaaaages since I last drunk or went out properly for that matter. I had the budget for it, but it was supposed to be to buy drinks in the pub. But I can just buy one and sip it very slowly I guess.

    Also rumaged through the clothes sale and picked up two tops for £13 altogether - keeping well under budget
    I've been thinking lately about my past habits. Buying clothes, expensive and un-needed ones, was a big reason as to why I got myself into a pit of debt in the first place. It's amazing how much my mentality has changed in regards to spending, on anything! YNAB has especially opened my eyes up to this.
    I feel guilty treating myself on days like this. It's been over 6 months at least since I last bought clothes, bar the necessary jeans the other day. In the past I would just go on mad spending sprees, mostly online, on clothes that I would only ever wear once and decide actually I dont like it. I could kick my past self for being so naive

    But I remember reading somewhere on these forums that getting out of debt is a marathon, not a sprint. If I don't give myself any leeway every now and then I'll burn out. And I still want to be able to enjoy my life, not be stuck inside having no spend weeks, week after week.

    Ramble over haha

    Have a great, sunny day everyone
    27/3/2017 - The Beginning of the End
    Credit Card Total Debt: £3462 £2975
    Pledge to clear (well) before uni graduation: July 2019

    5/4/2017 joined DFBXmas17 - £544/£1720 31.6%
    • River.Bee
    • By River.Bee 7th May 17, 4:28 PM
    • 73 Posts
    • 227 Thanks
    River.Bee
    Oh and I might add just for the record, my wardrobe is the most understocked wardrobe you'll see for a 20 something! And I'm not exaggerating like most girls do. I literally have about 8 tops, a pair of jeans (the new ones) and a black pair of jeans for work. I HATE clothes shopping, I can never find anything that agrees with me and I get so fickle. Hence why I think I spent so much on clothes before my LBM because I hated most of the clothes I bought after I bought them!
    But I had been thinking for a few weeks now I should add some more tops to the attire since some of my old ones are starting to look a bit tatty, and the two I bought today I definitely do like
    27/3/2017 - The Beginning of the End
    Credit Card Total Debt: £3462 £2975
    Pledge to clear (well) before uni graduation: July 2019

    5/4/2017 joined DFBXmas17 - £544/£1720 31.6%
    • River.Bee
    • By River.Bee 12th May 17, 10:47 AM
    • 73 Posts
    • 227 Thanks
    River.Bee
    Just a quick update since I haven't logged anything on here in a while. A DD came out today towards my Lloyds CC, only £10. Upped it to £15 starting next month.

    I've changed around my budget and moved money from my savings pots into a new category called 'debt over payments'. I really really really want to get rid of my Lloyds CC so I only have the Barclaycard debt left. I've planned it so every spare penny I have will go into that category. Got £350 in there at the moment, and it's really encouraging to see that I could pay off such a huge chunk in one go. Gonna wait and see how much I can spare to put in there up until my last pay day - late May. Then hopefully if I can manage without that money until September, which will be my next pay day, I'll pay it off
    I've left £100 savings just for holiday spending money for next month. Although I'm gonna try and not spend the whole amount, hopefully.

    Only had 4 hours work scheduled this week hoping for more in the next (and last) two weeks of work
    27/3/2017 - The Beginning of the End
    Credit Card Total Debt: £3462 £2975
    Pledge to clear (well) before uni graduation: July 2019

    5/4/2017 joined DFBXmas17 - £544/£1720 31.6%
    • Hiddenidenity
    • By Hiddenidenity 12th May 17, 11:07 AM
    • 4,466 Posts
    • 18,205 Thanks
    Hiddenidenity
    Look forward to following

    I will subscribe x

    Well done on the progress you've made so far
    DFW £953.71/£7348.71 Rent Arrears £391.28/£3381.28

    June 17 PA £121.25 + £70 Cash + £50 Amazon
    July 17 PA £259.95 + £25 Cash + £65 Amazon
    August 17 PA £98.93 + £83.08 Cash + £80 Amazon
    • River.Bee
    • By River.Bee 22nd May 17, 6:12 PM
    • 73 Posts
    • 227 Thanks
    River.Bee
    Barclaycard DD came out today for £60. Slowly chipping away still. I've paid £284 since my LBM back at the end of March

    6 weeks until I can move out of this hell hole of a house

    I've got all the evidence I need to send off to student finance aswell. I just need to write my letter asking them to grant me an extra year's funding, then I will play yet another waiting game to see what their reply is
    Mentally I'm feeling a lot better recently, now that the ball is rolling on sorting this out.
    27/3/2017 - The Beginning of the End
    Credit Card Total Debt: £3462 £2975
    Pledge to clear (well) before uni graduation: July 2019

    5/4/2017 joined DFBXmas17 - £544/£1720 31.6%
    • River.Bee
    • By River.Bee 25th May 17, 9:18 PM
    • 73 Posts
    • 227 Thanks
    River.Bee
    I finished my last shift at work today as it closes for the summer. That means no guaranteed income until September
    But I was given double the amount of hours this week to what I have usually been given; a whole 8 hours!
    So my last pay should contain around £105 + £32.40 extra for the holiday pay I've accumulated
    I've got £400 sat in my 'debt over payments' category in YNAB now Gonna wait until the end of June to use it though, just to make sure I can afford to lose a huge amount like that without causing me more trouble.

    And I've sunburnt myself today, loving the sun this week though!
    27/3/2017 - The Beginning of the End
    Credit Card Total Debt: £3462 £2975
    Pledge to clear (well) before uni graduation: July 2019

    5/4/2017 joined DFBXmas17 - £544/£1720 31.6%
    • River.Bee
    • By River.Bee 4th Jun 17, 7:00 PM
    • 73 Posts
    • 227 Thanks
    River.Bee
    Ugh feeling a bit demotivated lately. I really want to throw all my 'spare' money in the debt over payment category at my Lloyd's CC, but that'll just leave me with £318 left until September- as in £318 remaining of my overdraft limit; I havent had an in-credit bank balance since mid 2016

    And right now I'm in a limbo period as to whether I'll even be a student in September. I (finally) managed to get all the evidence I needed for Student Finance and sent it off on Wednesday. It got delivered the next day but who knows when they'll give me a yes or no decison
    I'm feeling low not having the certainity of an income or my future right now
    27/3/2017 - The Beginning of the End
    Credit Card Total Debt: £3462 £2975
    Pledge to clear (well) before uni graduation: July 2019

    5/4/2017 joined DFBXmas17 - £544/£1720 31.6%
    • Cherryfudge
    • By Cherryfudge 4th Jun 17, 11:42 PM
    • 593 Posts
    • 1,792 Thanks
    Cherryfudge
    Any chance of summer work?

    I'd say let the debt wait a bit longer because you don't know for sure that there won't be some emergency need of the 'spare' money. If you can hold out till September, though, you'll still have the satisfaction of reducing the debt.
    • River.Bee
    • By River.Bee 6th Jun 17, 11:11 PM
    • 73 Posts
    • 227 Thanks
    River.Bee
    Thank you Cherry fudge for the advice. I think I'll take it and leave the spare cash for now. See what direction my life is going to go first lol summer job wise I have been looking. There is a few I think I can do, just gotta apply and hope for the best
    27/3/2017 - The Beginning of the End
    Credit Card Total Debt: £3462 £2975
    Pledge to clear (well) before uni graduation: July 2019

    5/4/2017 joined DFBXmas17 - £544/£1720 31.6%
    • River.Bee
    • By River.Bee 6th Jun 17, 11:36 PM
    • 73 Posts
    • 227 Thanks
    River.Bee
    In other news I've been given early access to the Skipton Cash Lifetime ISA opened it today with just £1 haha
    Officially £1 towards buying my first home. Officially
    Can't believe how excited it's made me but I've been wanting to open one since they were first announced.
    Sad thing is I can't safely allocate any large funds to it until after university, so a good 2-3 years yet. But still I'm happy I've finally got the Lisa.
    27/3/2017 - The Beginning of the End
    Credit Card Total Debt: £3462 £2975
    Pledge to clear (well) before uni graduation: July 2019

    5/4/2017 joined DFBXmas17 - £544/£1720 31.6%
    • Cherryfudge
    • By Cherryfudge 6th Jun 17, 11:53 PM
    • 593 Posts
    • 1,792 Thanks
    Cherryfudge
    Officially £1 towards buying my first home. Officially
    Originally posted by River.Bee
    That's amazing! What a good feeling!

    Best of luck over the summer jobs. Who knows what adventures lie in store?
    • zippygeorgeandben
    • By zippygeorgeandben 6th Jun 17, 11:55 PM
    • 602 Posts
    • 694 Thanks
    zippygeorgeandben
    Its a terrible offer of 0.5% though.
    End Sep 2016 End July 2017
    £8236.57 £5766.93
    (Tesco 4.8%) £222.61pcm
    £6185.75 £900.33 (Zopa 4.0%) £50.08pcm

    £5344.50
    £3030.04 (Sainsburys 0% until 06/19) £140pcm
    £2000.00 £1600.01 (Sister 0%) £133.33pcm

    Total debt
    £19.766.82 £12,861.43 Original DFD May 2019.
    • Cherryfudge
    • By Cherryfudge 7th Jun 17, 12:26 AM
    • 593 Posts
    • 1,792 Thanks
    Cherryfudge
    The days of wonderful interest rates for savers are a distant memory, aren't they! But that's interest every year from now on till the house is bought, just for kick-starting the fund, and that's without however much gets added to the account as time goes by.
    Last edited by Cherryfudge; 07-06-2017 at 12:29 AM.
    • River.Bee
    • By River.Bee 7th Jun 17, 8:50 AM
    • 73 Posts
    • 227 Thanks
    River.Bee
    Its a terrible offer of 0.5% though.
    Originally posted by zippygeorgeandben
    The days of wonderful interest rates for savers are a distant memory, aren't they! But that's interest every year from now on till the house is bought, just for kick-starting the fund, and that's without however much gets added to the account as time goes by.
    Originally posted by Cherryfudge
    Yeah 0.5% is pretty measley but yeah the day of great savings rates are gone indeed If a better rate comes along at some point I'll switch it to that definitely. I wanted a LISA just for the 25% state bonus more. That'll be a huge helping hand onto the property ladder when the time comes
    27/3/2017 - The Beginning of the End
    Credit Card Total Debt: £3462 £2975
    Pledge to clear (well) before uni graduation: July 2019

    5/4/2017 joined DFBXmas17 - £544/£1720 31.6%
    • Hiddenidenity
    • By Hiddenidenity 7th Jun 17, 10:40 AM
    • 4,466 Posts
    • 18,205 Thanks
    Hiddenidenity
    Well done on making the first step

    Good luck for the summer jobs
    DFW £953.71/£7348.71 Rent Arrears £391.28/£3381.28

    June 17 PA £121.25 + £70 Cash + £50 Amazon
    July 17 PA £259.95 + £25 Cash + £65 Amazon
    August 17 PA £98.93 + £83.08 Cash + £80 Amazon
    • River.Bee
    • By River.Bee 9th Jun 17, 9:52 AM
    • 73 Posts
    • 227 Thanks
    River.Bee
    Well done on making the first step

    Good luck for the summer jobs
    Originally posted by Hiddenidenity
    Thank you!
    27/3/2017 - The Beginning of the End
    Credit Card Total Debt: £3462 £2975
    Pledge to clear (well) before uni graduation: July 2019

    5/4/2017 joined DFBXmas17 - £544/£1720 31.6%
    • River.Bee
    • By River.Bee 19th Jun 17, 6:31 AM
    • 73 Posts
    • 227 Thanks
    River.Bee
    Holiday day today
    I've got £110 budgeted for it. But I'm gonna try and not spend all of it. I did pet sitting for my mum 2 weeks ago for 5 days and she's paying me £100 for it and she gave me half of it yesterday. So I've earned back most of my budgeted holiday money
    DD also came out today for my Barclaycard.
    My new debt total now is:
    Lloyd's cc: £645
    Barclaycard: £2480

    Total: £3125
    So close to getting under the nearest thousand
    27/3/2017 - The Beginning of the End
    Credit Card Total Debt: £3462 £2975
    Pledge to clear (well) before uni graduation: July 2019

    5/4/2017 joined DFBXmas17 - £544/£1720 31.6%
    • Cherryfudge
    • By Cherryfudge 20th Jun 17, 11:07 AM
    • 593 Posts
    • 1,792 Thanks
    Cherryfudge
    You're doing brilliantly!

    Have a great holiday
    • River.Bee
    • By River.Bee 2nd Jul 17, 8:47 PM
    • 73 Posts
    • 227 Thanks
    River.Bee
    Well, I can officially say that from yesterday, as hoped for, I have moved out of that hell hole of a house and into one with my OH and our mutual friend

    I can't find the words to describe how happy I am; such a sense of relief and joy! I'm feeling so so so so much happier mentally already as this definitely feels more like a home than just a house. I just hope I can stay here. Still waiting to sort out student finance :/
    My back and shoulders are in agony though. It's not fun moving house with just two people and no car
    Which reminds me to add to this diary that from Wednesday, I declared my car off the road and am keeping it for the time being on my sister's driveway back home. I should have got rid of it last year tbh as it's the primary reason as to why my debt shot up (insurance and petrol mostly)
    Either my mum or my sister are buying it off me soon so that'll go straight towards the debt mountain. To add to that I'm also getting refunded £101.08 from the car insurance i cancelled
    (Achievable) Things that will make me happy:
    1. Changing university degree
    2. Being totally debt free
    3. Moving into my new student house on July1st DONE!!
    4. A considerable saving towards a mortgage deposit with my boyfriend
    Originally posted by River.Bee
    Also, I might add that i only spent £79.08 on my holiday the other week I really enjoyed myself too so everything was all good Although my OH was questioning why I had the tenacity to record every single thing into YNAB on my phone the entire week gotta stay determined and true if I wanna get outta debt is my answer
    27/3/2017 - The Beginning of the End
    Credit Card Total Debt: £3462 £2975
    Pledge to clear (well) before uni graduation: July 2019

    5/4/2017 joined DFBXmas17 - £544/£1720 31.6%
    • River.Bee
    • By River.Bee 6th Jul 17, 12:59 PM
    • 73 Posts
    • 227 Thanks
    River.Bee
    My sister is getting flaky about buying the car, and my mum says she might buy it as well but neither of them are reliable when it comes to things like this. It's stressing me out. I want to transfer it out of my name so it's finally and offically not my problem anymore. What's annoyed me most is that origianlly I told them that I'll be taking it to Manchester to scrap it (as that's where I'd get the best price) but my sister said don't do that because her and her partner want to buy it soon. So I've left it on her driveway as agreed until we sorted out the paperwork but now she's saying she's not sure
    It's a pain in the a*** now because I've declared it off the road and cancelled my insurance so I can't just get it back and drive it up to Manchester to scrap it to get it sorted and out of the way

    ughhhh why did I agree to this. I knew that my mum and sister would be like this. My mum still owes me £300 from a loan I lent her 2 years ago plus £50 remaining for the week I did pet sitting for her. I doubt she can afford to buy my car off me on top of that ( she doesn't even have a driving licence but she wants to start learning soon).

    ughh more stress
    27/3/2017 - The Beginning of the End
    Credit Card Total Debt: £3462 £2975
    Pledge to clear (well) before uni graduation: July 2019

    5/4/2017 joined DFBXmas17 - £544/£1720 31.6%
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