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    • in need of direction
    • By in need of direction 20th Apr 17, 3:59 PM
    • 4,579Posts
    • 25,656Thanks
    in need of direction
    A whole new world, for now
    • #1
    • 20th Apr 17, 3:59 PM
    A whole new world, for now 20th Apr 17 at 3:59 PM
    So, hereís the new thread Iíve been promising myself for a few months. My old one, that served me so well, is http://forums.moneysavingexpert.com/showthread.php?t=4855808

    A potted history of me. Iím 49, live in NI with OH, DD and dog and DS is London based.
    Have been in debt for a lot of my life and came here post personal debt but with the aim to clear my mortgage. I believe DFD to be the right place for me as a lot of whatís outstanding on the mortgage related to consolidation of other debts. The rates were lower and I just didnít consider the payback period.
    Having been a wage slave for some 30 years, I recently jacked in my well paid and secure job for a number of reasons. While I love what I do, I hated the environment in which I did it. I regularly travelled 6 hours a day, on my own time and had to ask others to do likewise. That was the downside about caring for my clients. While I continued, and got others, to deliver at the expense of my home life, my health and my finances, the firm continued to let me. I decided that Iíd sooner have some self respect than stay there. We also had an unexpected and untimely family bereavement last year which sparked the whole ďlifeís too shortĒ train of thought. The downside is this is the first time since I was 17 that I donít have an income and itís a big adjustment.
    To address this, Iíve decided to go the self employed route, for now (hence the title). One problem though is timing. We have booked a holiday in May for OHís big birthday and Iíve decided that is set in stone. We will be travelling half way round the world for two weeks to initially see pandas and then the delights of Tokyo. Weíve only been together just over 10 years so this is really our first landmark birthday to be properly celebrated, we were still bedding in last big date.
    So, work wise, Iíve created my website, taken out a separate mobile contract and opened a business bank account. Iíve also registered with HMRC to keep things tidy.
    Otherwise, since being unemployed, Iíve had a parking ticket refunded, gained a free overnight stay following a complaint to a hotel that disappointed and have signed up for a new loyalty card for my local Co-Op. I also switched to a cheaper mobile service and got my boiler serviced which restored the hot water! First world pleasure that is so easy to overlook. I've donated two bikes to a local charity, done a number of strolls to offload donations to charity shop, claimed topcashback, £20 from PA, £5 swagbucks voucher and am trying to declutter. My last car went with the job so I realised what a paucity of local shops there in despite being only 15 mins by bus from the city centre.
    The lack of car was proving to be an issue for family and other reasons so today we get a PCH car delivered that we have committed to for 4 years. This takes us into the realm of needing to use the mortgage off set savings to fund expenses. It also gives me a minimum level of income to achieve as eating into savings bothers me.
    So, whatís the plan?
    I lodged £2000 in my business bank account at the start of March and most of it is still there. By September, Iíd like to have this repaid to either the savings or the mortgage or to have secured an income stream that will enable that to happen shortly thereafter. Iíd also like a £1k buffer in the business account to make sure that I can take advantage of opportunities as they arise.
    I have applied for a few part time consultancy type posts, been unsuccessful at interview for the first, but will actively seek out these opportunities. Iíve provided associates with my contact details but come June, I will start more actively promoting myself. Iíve sought input from my LA business support services but to little avail so far. Iíve attended a few courses and networking events and will continue with these to keep some kind of a profile and, post holiday, will be creating an event that will hopefully income generate and/or build profile.
    I will continue to seek out vouchers and deals and will try to live cheaply but donít feel I can ask this of the others in the house as giving up the job was down to me. I will also get rid of extraneous items, for cash where possible.
    What I can see is that despite living semi frugally, or so I believed, we wasted A LOT!
    Today my outstanding mortgage is £83,478.58. By 31 Dec, based on just making standard payments, this will be £78,900. My target is for this to be £75,000.
    Today my available off set pot is £3,415.43. By 31 Dec, Iíd like this to be at £5,500.
    The truth is Iíd like the first figure to be a lot lower and the second to be a lot higher but I need to start somewhere.
    We still have our emergency fund intact and hopefully enough in the current account to address our living expenses shortfall at least to the year end. Spends for the holiday are ringfenced with any left overs going on extras for all.
    I have to confess to having what Iíve heard described as an internal Verucca Salt! When I want it, I want it now. I need to learn some restraint both in terms of shopping and also sugar consumption. Itís weird but one thing |I really struggle with is what to have for lunch.
    Anyhow, now that the car is here, Iím off to the dry cleaners and to pick up some groceries as I have a £5 voucher off a £25 shop. I may also buy a new toilet brush!
    Today I am grateful for
    The support I have consistently received from here

    Company from the dog

    E Mail
    Mortgage at 01.01.14 £119,481.83 today £81,750.18, target £75,000 by 31/12/17 Offset fund today £3,975.43 target £5,500 by 31/12/17
    Emergency fund £5.5k & £200 cash.
    Current weight loss 1/34 by 28 feb 2018
    determined to stop defining myself by my mistakes.
    Progress not perfection.
Page 1
    • parsniphead
    • By parsniphead 20th Apr 17, 4:09 PM
    • 2,157 Posts
    • 13,597 Thanks
    parsniphead
    • #2
    • 20th Apr 17, 4:09 PM
    • #2
    • 20th Apr 17, 4:09 PM
    Hello
    My August to Christmas challenge:.
    Pay off £2500 debt - £206/2500 8.24%
    Completely declutter the house by Christmas day...all of it.

    Nothing should be wasted on the self-sufficient holding. The dustman should never have to call. John Seymour
    • Fortune Smiles
    • By Fortune Smiles 20th Apr 17, 4:21 PM
    • 2,531 Posts
    • 20,826 Thanks
    Fortune Smiles
    • #3
    • 20th Apr 17, 4:21 PM
    • #3
    • 20th Apr 17, 4:21 PM
    Lovely new diary

    Subscribed.

    Fortune x
    Mortgage: 0.94% paid House Deposit Contribution: 72%

    All we have to decide is what to do with the time that is given to us - J R R Tolkein
    • beanielou
    • By beanielou 20th Apr 17, 8:28 PM
    • 47,244 Posts
    • 169,869 Thanks
    beanielou
    • #4
    • 20th Apr 17, 8:28 PM
    • #4
    • 20th Apr 17, 8:28 PM
    Happy shiny new diary
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 2 lbs **

    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    It starts with you, it starts from now. *** It is ok to be me.*** ***Keep plodding***
    • in need of direction
    • By in need of direction 20th Apr 17, 10:42 PM
    • 4,579 Posts
    • 25,656 Thanks
    in need of direction
    • #5
    • 20th Apr 17, 10:42 PM
    • #5
    • 20th Apr 17, 10:42 PM
    Thanks for popping in, greatly appreciated.
    Mortgage at 01.01.14 £119,481.83 today £81,750.18, target £75,000 by 31/12/17 Offset fund today £3,975.43 target £5,500 by 31/12/17
    Emergency fund £5.5k & £200 cash.
    Current weight loss 1/34 by 28 feb 2018
    determined to stop defining myself by my mistakes.
    Progress not perfection.
    • jwil
    • By jwil 21st Apr 17, 2:06 PM
    • 7,572 Posts
    • 21,003 Thanks
    jwil
    • #6
    • 21st Apr 17, 2:06 PM
    • #6
    • 21st Apr 17, 2:06 PM
    Happy new diary
    "If you can dream it, you can do it". Walt Disney
    • in need of direction
    • By in need of direction 21st Apr 17, 10:17 PM
    • 4,579 Posts
    • 25,656 Thanks
    in need of direction
    • #7
    • 21st Apr 17, 10:17 PM
    • #7
    • 21st Apr 17, 10:17 PM
    today i delivered OH and dd to work and collected OH too. ridiculous that it's cheaper to do the journey by car than by public transport. I visited leedell and picked up reduced cod that became my dinner, reduced duck breasts for OH and other items on offer. I then went to the over the road Mr As and spent over £30. this included 3 trays of 8 burgers reduced from £8 to £3. we have a family bbq planned for last weekend in may so these have been stashed in the freezer with other reduced price items that will form the basis for a number of meals. thankfully i had only picked up a basket. if i'd had a trolley, who knows what damage I could have done.
    tomorrow we are off to our free overnight break. fingers crossed that standards will have improved
    Mortgage at 01.01.14 £119,481.83 today £81,750.18, target £75,000 by 31/12/17 Offset fund today £3,975.43 target £5,500 by 31/12/17
    Emergency fund £5.5k & £200 cash.
    Current weight loss 1/34 by 28 feb 2018
    determined to stop defining myself by my mistakes.
    Progress not perfection.
    • beanielou
    • By beanielou 21st Apr 17, 10:27 PM
    • 47,244 Posts
    • 169,869 Thanks
    beanielou
    • #8
    • 21st Apr 17, 10:27 PM
    • #8
    • 21st Apr 17, 10:27 PM
    Enjoy your break
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 2 lbs **

    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    It starts with you, it starts from now. *** It is ok to be me.*** ***Keep plodding***
    • doingitanyway
    • By doingitanyway 22nd Apr 17, 7:52 AM
    • 1,880 Posts
    • 8,535 Thanks
    doingitanyway
    • #9
    • 22nd Apr 17, 7:52 AM
    • #9
    • 22nd Apr 17, 7:52 AM
    Great bargain buys. It's good to see you with a new diary. Have a lovely day
    JANUARY 2016/SECURED DEBT=24,822/September 2017=5,500
    MORTGAGE FREE 25/07/16
    • mfmaybe
    • By mfmaybe 23rd Apr 17, 6:36 PM
    • 980 Posts
    • 3,087 Thanks
    mfmaybe
    Happy New Diary

    Adventures sound like the right thing for you; and the holiday too. Life is short, after all.

    Subscribing along for this part of the journey, too.
    Create credit card buffer fund £12.93/£1000 1.4%paid. Pay by Christmas 17

    Other debts paid since 1/1/14: £17,005
    • PurpleFairy26
    • By PurpleFairy26 23rd Apr 17, 9:23 PM
    • 1,843 Posts
    • 12,379 Thanks
    PurpleFairy26
    I do love a shiny new diary and lovely to see lots of lovely friends on your journey too. Hope the stay away was grand. Will subscribe to follow your progress. Purps.
    • Dolly Rocker
    • By Dolly Rocker 23rd Apr 17, 9:47 PM
    • 3,330 Posts
    • 9,428 Thanks
    Dolly Rocker
    Oh shiny new diary INOD!!

    Hope you enjoy your overnight stay.

    Dxxx
    Goals
    Debt free by Christmas 2017
    Save for Christmas 2017
    Goal weight of 10st 7lbs by Christmas
    Add to deposit savings
    • in need of direction
    • By in need of direction 24th Apr 17, 11:51 AM
    • 4,579 Posts
    • 25,656 Thanks
    in need of direction
    Stay away was good after the embarrassment of being left in reception where there was no record of our booking and the receptionist played blame the customer. Happily duty manager heard, stepped in and we got the bridal suite as the hotel was otherwise fully booked. We had both lunch and dinner out on Saturday then ate at home yesterday and that's the plan through to Thursday. I'm heading to dublin fri to meet two former clients and to drop off dd with DS and friends.
    I'll be taking journey costs from business account as I'm going armed with business cards, etc. to maintain a profile.
    Today I need to pick up dry cleaning,buy a toilet brush (still, at least it's a replacement!) and continue sorting stuff out.
    I also picked up some plants yesterday on my way home. £11.02 spent so I need to reclaim some neglected pots out the back and get these planted up well in advance of the end of May family BBQ. Unfortunately, it's already been raining here today so I will need to add mop mucky kitchen floor to my today list.
    I'm also toying with the idea of buying tickets to see jack Monroe as I've just received a half price code through and I think it might be good. It's at a venue that I could, at a stretch, walk to and bus home.
    Mortgage at 01.01.14 £119,481.83 today £81,750.18, target £75,000 by 31/12/17 Offset fund today £3,975.43 target £5,500 by 31/12/17
    Emergency fund £5.5k & £200 cash.
    Current weight loss 1/34 by 28 feb 2018
    determined to stop defining myself by my mistakes.
    Progress not perfection.
    • Dolly Rocker
    • By Dolly Rocker 24th Apr 17, 12:07 PM
    • 3,330 Posts
    • 9,428 Thanks
    Dolly Rocker
    Oh that's a nightmare, at least it got sorted out & you got the bridal suite!

    Love a wee code for a discount!

    Dxxx
    Goals
    Debt free by Christmas 2017
    Save for Christmas 2017
    Goal weight of 10st 7lbs by Christmas
    Add to deposit savings
    • in need of direction
    • By in need of direction 25th Apr 17, 8:38 AM
    • 4,579 Posts
    • 25,656 Thanks
    in need of direction
    Today. I will update my sig, plant up some plants and possibly clean the oven. I will also categorise and sort out some work stuff and will send an email to the car insurance company. I will also email the hotel group and feedback on my stay.
    Last edited by in need of direction; 25-04-2017 at 4:26 PM.
    Mortgage at 01.01.14 £119,481.83 today £81,750.18, target £75,000 by 31/12/17 Offset fund today £3,975.43 target £5,500 by 31/12/17
    Emergency fund £5.5k & £200 cash.
    Current weight loss 1/34 by 28 feb 2018
    determined to stop defining myself by my mistakes.
    Progress not perfection.
    • Dolly Rocker
    • By Dolly Rocker 25th Apr 17, 8:39 AM
    • 3,330 Posts
    • 9,428 Thanks
    Dolly Rocker
    Sounds like a good day.

    You will get all that done no bother, unless like me you are very easily distracted

    Dxxx
    Goals
    Debt free by Christmas 2017
    Save for Christmas 2017
    Goal weight of 10st 7lbs by Christmas
    Add to deposit savings
    • in need of direction
    • By in need of direction 25th Apr 17, 3:14 PM
    • 4,579 Posts
    • 25,656 Thanks
    in need of direction
    so lazy and so easily distracted still one down. off to have a look at the plants now
    Mortgage at 01.01.14 £119,481.83 today £81,750.18, target £75,000 by 31/12/17 Offset fund today £3,975.43 target £5,500 by 31/12/17
    Emergency fund £5.5k & £200 cash.
    Current weight loss 1/34 by 28 feb 2018
    determined to stop defining myself by my mistakes.
    Progress not perfection.
    • doingitanyway
    • By doingitanyway 25th Apr 17, 5:33 PM
    • 1,880 Posts
    • 8,535 Thanks
    doingitanyway
    `Did you decide to go to see Jack Monroe or has that date gone now?
    JANUARY 2016/SECURED DEBT=24,822/September 2017=5,500
    MORTGAGE FREE 25/07/16
    • in need of direction
    • By in need of direction 25th Apr 17, 9:25 PM
    • 4,579 Posts
    • 25,656 Thanks
    in need of direction
    got my tickets to Jack at a cost of £3 each plus £1 to charity. didn't get as much done as I should have but sent off an additional two emails and will hopefully get the insurance email done before bed. today was an nsd with one car journey tackling 3 different things. today i am grateful for
    a possible work prospect
    a meal from leftovers
    getting an unexpected insight from a book that makes me see what i have rather than what I want
    Mortgage at 01.01.14 £119,481.83 today £81,750.18, target £75,000 by 31/12/17 Offset fund today £3,975.43 target £5,500 by 31/12/17
    Emergency fund £5.5k & £200 cash.
    Current weight loss 1/34 by 28 feb 2018
    determined to stop defining myself by my mistakes.
    Progress not perfection.
    • Dolly Rocker
    • By Dolly Rocker 26th Apr 17, 8:22 AM
    • 3,330 Posts
    • 9,428 Thanks
    Dolly Rocker
    That's a brilliant price for your tickets.

    Love the grateful for post!

    Dxxx
    Goals
    Debt free by Christmas 2017
    Save for Christmas 2017
    Goal weight of 10st 7lbs by Christmas
    Add to deposit savings
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