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  • FIRST POST
    • DaringToDream
    • By DaringToDream 22nd Apr 17, 8:48 PM
    • 52Posts
    • 114Thanks
    DaringToDream
    DaringToDream of a Debt Free Life!
    • #1
    • 22nd Apr 17, 8:48 PM
    DaringToDream of a Debt Free Life! 22nd Apr 17 at 8:48 PM
    So here goes with a shiny new diary. I had one previously but seeing that i hadnít posted for years and my circumstances have massively changed (new job, new house, different (but not that new) partner), it seemed sensible to start afresh.

    Iíve been a diary stalker (in a healthy way) for years, and a few of you have really helped and inspired me over the past few months. In particular- Bobarella, Louby, Poor Single Lady, Coastal Chick, Mummy2Girls- thank you!!!

    I have debt, and as hard as it is admitting it myself, have been in debt since i graduated uni almost 10 years ago. This includes still being in my student overdraft (which is thankfully still interest free) which is something iím not proud of.

    So i have a few debt goals to keep me focused:

    Goal 1) Pay of student overdraft by end of July 2017 (10 years after i graduated!!!) This one may actually slip a bit depending on how well i do with other debts as the first £1000 is currently interest free so it makes sense to throw this money at other debts first, but paying it off is my goal, or at least reducing it before the interest free level drops to £500 at the end of July.

    Goal 2) Pay off ccís

    Goal 3) Save to pay off my car finance. Itís currently sitting at £11,200. I stupidly took it out on PCP and what a stupid decision - totally think this is the next misselling scandal. I paid off a lump sum thinking i could keep my monthly payments the same and just reduce my balloon payment, but apparently this isnít allowed, so of the £120 i now pay each month, £110 is interest and only £10 capital repayment , so this loan has to go ASAP. Unfortunately the balloon payment is £11000 so itíll take me a while to save this up, but i reckon if i can get close-ish i can get a 0% card or lower interest loan and pay it off and save paying so much interest. I commute a minimum of 300 miles a week though so a comfortable and reliable car is a must- just need to pay it off.

    That's probably long enough for an opening post. Will post more debt details below.

    DTD xx
Page 3
    • DaringToDream
    • By DaringToDream 8th May 17, 7:32 AM
    • 52 Posts
    • 114 Thanks
    DaringToDream
    Another Monday, but at least that's one day closer to OH coming Home! Can officially now say he's home next week

    Working in London today but work are paying for my travel and expenses so should hopefully be a Low spend day. Plus woke up to £120 cash back payable so have cashed it out and will pay that off one of the cc's when it lands in my account.

    Yesterday wasn't a NSD in the end, was feeling sorry for myself so got a takeaway in the evening. No more junk or silly spending now until OH is back!!
    • DaringToDream
    • By DaringToDream 9th May 17, 7:57 PM
    • 52 Posts
    • 114 Thanks
    DaringToDream
    Pretty quiet day today. £15.60 spent in supermarket but otherwise spent nothing. Back in London tomorrow so another day on expenses. Still waiting on £14.70 back from expenses from yesterday too.

    2 more tiny little eB*y sales, only £4 earned and even less after fees, but better than nothing and still helping to declutter! Still waiting for cash back that I paid out yesterday to land in my bank account so I can pay off some cc. Think it is going to get a bit tight this month though so am going to have to be very disciplined at the end of the month when OH is home so I don't put anything on cc.

    Bonus is due in at the end of the month, plus normal salary and some salary from job 2. Still don't know how much pay will be, but I'm hoping I'll be able to make a big dent and try and get my debt to under £3000. This is perhaps a bit optimistic but if I can get a few more eBay sales that will top up my current account a bit so hopefully I won't need to pay anything else onto the cards.

    Neighbours are driving me mad- who on earth thinks that starting drilling in your garden at 7.45 on a week night is a good idea . Feel really sorry for other Neighbours who I know have small children.

    Fingers crossed cashback lands tomorrow and I'll be able to update those totals!!

    DTD
    • Hiddenidenity
    • By Hiddenidenity 9th May 17, 9:26 PM
    • 2,912 Posts
    • 10,880 Thanks
    Hiddenidenity
    Following

    DFW £203.71/£7348.71
    You have brains in your head. You have feet in your shoes. You can steer yourself any direction you choose.
    Rent Arrears £16.28 /£3381.28
    • DaringToDream
    • By DaringToDream 10th May 17, 7:03 AM
    • 52 Posts
    • 114 Thanks
    DaringToDream
    Cashback has finally landed in my account so quick update on balances:

    OD £963.71
    Cc1 £2898.00
    Cc 2 £1430

    Total debt £5291.71

    This Is before interest is added for this month so this will go up. I know it isn't terribly MSE but I didn't want to transfer onto 0% cards as we were getting a mortgage so didn't want any more credit searches than necessary. Plus I'm aiming to pay it off quickly so there doesn't seem much point now- if bonus comes in then only £2000 will be paying interest, and this should be gone in a few months. Plus I want to get my credit score as good as possible so in a few months I can get approved for a low rate loan to pay off my car finance.

    I'm not going to add any more bits of income to the credit cards for the moment, going to keep it in my current account (not the one with the overdraft, a different one). I'm just worried that I'm going to end up a bit short this month so would rather keep it and pay it off at the end of the month, rather than be short and have to put stuff on credit card!

    Back in London today so hopefully a decent lunch on expenses and then a cheap tea!

    DTD
    • DaringToDream
    • By DaringToDream 11th May 17, 7:27 PM
    • 52 Posts
    • 114 Thanks
    DaringToDream
    Another quiet day, really busy at work at the moment but at least that makes the time go quicker! Made it to the gym after work too, and had poached eggs on wholemeal toast for tea so feeling very virtuous (until I get starving and probably hit the chocolate around 9pm!!).

    Spent £8.65 which was lunch with an ex-colleague who was back visiting from overseas so worth the lunch out. I also posted an eb*y parcel and have transferred the money made to my OD. If I need it I'll take transfer it To my spends account, but if not it can go into my end of the month totals.

    Counting down to the weekend. Having my hair done (first time in 5 months so it's needed!) and got family coming over for Sunday lunch so will have to buy some food, so will not be a low spend weekend, but am going to try and do it as cheaply as possible- fingers crossed!!

    DTD
    • DaringToDream
    • By DaringToDream 12th May 17, 5:21 PM
    • 52 Posts
    • 114 Thanks
    DaringToDream
    Woo hoo it's Friday! And last weekend before OH is home!

    £45.70 spent today in supermarket buying all the food and a bottle of wine for Sunday lunch, plus a few bits of healthy food for me this weekend. Shouldn't need to spend any more this weekend except for getting my hair done.

    Bit worried about money, think I'm going to be short this month but trying so hard to stay off credit cards. Fighting the temptation to book a night away with OH because last time he was home we were so tied up with the house move that we barely spent any quality time together, so feel we need a break now the stressful bit is done, but we'll see. I know he'll want to treat me a bit too but work have been Messing up his pay so things are tight until we find out whether he'll get paid properly next payday.

    Been to the gym again today so now need to have a healthy tea and fight the temptation to have a glass of wine!!
    • DaringToDream
    • By DaringToDream 15th May 17, 7:40 PM
    • 52 Posts
    • 114 Thanks
    DaringToDream
    Haven't updated for 2 days, probably coz i know i've been bad so burying my head in the sand a bit !!

    Saturday went and got my hair done- £120 reminds me why i stopped getting it coloured!! But it looks great and seeing as my bonus from job 2 is due end of the month i think i'm justified in spending a little bit of it on myself, with the rest going to the debt repayment. I did put it on cc1 however because i know i'm going to be cash poor at the end of the month, i'll pay it off as soon as pay comes in at the end of the month. Serves me right for budgeting poorly and forgetting i had a bunch of bills from old house still to come out. After the hairdresser i went to L*dl to get flowers, wine and a few other little bits for family coming over for lunch yesterday, only spent £15 and that was cash so all good.

    Yesterday was a NSD and had family over which was lovely, and the sun was shining and they brought me lots of housewarming wine so even better!

    Today i was working in London, so only spent £4 and the rest i can claim back. Find i'm going into London at every opportunity at the moment. I don't mind doing it so much when OH is away, but i need to leave the house at 6.20am to be at work for 8, and then i don't get home til later than normal too. It's very MSE because not only am i on expenses, but i also only drive 4 miles instead of 60 so i save a lot of fuel. But the trade-off for being MSE is that I'm absolutely exhausted so hopefully i'll find out about new job soon which will mean more work-life balance, although more spends on fuel.

    Just over 2 weeks til payday. Still waiting to find out exact payday amount from job 2, but with the bonus and salary i should be able to clear cc2, and then all efforts can then go towards clearing down cc1 and then that damn overdraft (which will be last because it's interest free).

    OH is home at the end of the week and i have some lovely leave coming up to spend some time together can't wait!

    DTD
    • DaringToDream
    • By DaringToDream 15th May 17, 7:43 PM
    • 52 Posts
    • 114 Thanks
    DaringToDream
    Forgot to say, got 1 bid on eb*y, so after fees and postage will make about 80p

    Oh well, every little helps and that's 80p i won't be paying interest on!
    • DaringToDream
    • By DaringToDream 16th May 17, 7:56 PM
    • 52 Posts
    • 114 Thanks
    DaringToDream
    Fairly boring day today, just counting down the days and wishing the week away. Spent £58 on petrol, but should now last me to the end of the month, and i'll be commuting less because i'll be on leave. Petrol was budgeted for so not too bad. Also spent 90p on some bags of 10p sweets for my team, was a silly little gesture but made everyone smile and lifted the mood a bit coz it's so busy at the moment.

    Exhausted this week and back in London tomorrow so not looking forward to the early start. Forgot to put in expenses from Monday, so with tomorrow's expenses will have £29.40 to claim. But only 2 days and then OH is home and i am officially on leave so just need to keep on plodding!

    DTD
    • Hiddenidenity
    • By Hiddenidenity 16th May 17, 8:03 PM
    • 2,912 Posts
    • 10,880 Thanks
    Hiddenidenity
    Plodding is good

    Soon be weekend once tomorrow's out the way

    DFW £203.71/£7348.71
    You have brains in your head. You have feet in your shoes. You can steer yourself any direction you choose.
    Rent Arrears £16.28 /£3381.28
    • DaringToDream
    • By DaringToDream 17th May 17, 7:03 AM
    • 52 Posts
    • 114 Thanks
    DaringToDream
    So I'm back on the train into work, seriously think I'm turning into a commuter zombie! Just gotta think about the saved fuel and the fact that I can have a good lunch on expenses!

    Getting a bit worried about money this month. I have £130 left in my fun fund, and 45 left in my current account for general living costs. Plus cc1 has crept up to 3100 because I had to put my haircut and also a food delivery onto it for when OH gets home. Payday1 is 2 weeks today. If I hadn't had all the unforeseen house expenses this month I would have an extra £200 to add to it, but thankfully this should be the last month that there are so many. Still need a blind for our bedroom so will have to take the hit on that.

    It's all just so demoralizing, feel like I'm one step forward and 2 steps back at the moment. £175 should be enough to last me if I was here on my own, but once OH is back I want to be able to do some fun things and not just be a hermit. At least the fridge will be full!

    Had some news about OHs shifts too- the bloke that he does shifts with is sick so they've asked him to do a longer stint next time. The positive is that there will be 2 paydays when he's away next time so we'll be able to do some good saving hopefully, but I don't want him to be away so long. Just have to try keep thinking of the bigger picture and that all this sacrifice of working apart will be worth it when we've been able to put ourselves on a really good footing financially after buying this house and then paying off all the debt! Just want him home though.

    DTD
    • DaringToDream
    • By DaringToDream 18th May 17, 10:52 PM
    • 52 Posts
    • 114 Thanks
    DaringToDream
    Another day another step closer to the weekend.

    Bonus for job 2 was confirmed In my pay slip today. Not getting paid for another 2 weeks but as long as I don't spend anything more on the card I should be able to clear cc2 this month. Cc1 hasn't been quite so lucky, had to buy a blind for our bedroom window, and had to pay a deposit for a yoga course so it has crept up, but hopefully will be able to get it down a bit on payday and the once cc2 has gone all my efforts can go towards that.

    OH is nearly home, work are still messing up his pay so I think we'll have to be quite sensible while he is back, which is a good thing for the debt busting. Think we're going to try and find a 1 night break though- as much as I want to get the debt down, having a bit of quality time with the people I love is more important to me at the moment, will just have to do it in an MSE way!!
    • DaringToDream
    • By DaringToDream 19th May 17, 7:34 AM
    • 52 Posts
    • 114 Thanks
    DaringToDream
    OH is home today really can't wait to see him, and looking forward to spending some time together in our new home.

    Need to find that balance of enjoying our time off together without worrying too much about money, but also without going too crazy. Payday 1 is in 12 days, payday 2 in 13 days so still a while to go, and only £130 in the fun budget, bit hopefully he's been away so long he'll just want lots of nights in!

    Not sure I'll be posting quite as much, bit will try to, if only to keep me slightly more on track!

    DTD
    • Hiddenidenity
    • By Hiddenidenity 19th May 17, 7:52 AM
    • 2,912 Posts
    • 10,880 Thanks
    Hiddenidenity
    Have a lovely time enjoy every minute x

    DFW £203.71/£7348.71
    You have brains in your head. You have feet in your shoes. You can steer yourself any direction you choose.
    Rent Arrears £16.28 /£3381.28
    • mummytogirls
    • By mummytogirls 19th May 17, 4:24 PM
    • 5,043 Posts
    • 14,339 Thanks
    mummytogirls
    Enjoy time with your DH DTD. Sod the budget, you can re-coop it when he goes back!!! xx
    Mummytogirls x

    £23164.32 - 12/12/10
    £8020.30 - 16/04/17 - 65.38% paid off
    • DaringToDream
    • By DaringToDream 19th May 17, 5:17 PM
    • 52 Posts
    • 114 Thanks
    DaringToDream
    Thanks for all the lovely wishes all! He's got home, so nice to have him here, but he is exhausted from travelling so we've had a chilled afternoon and now he's gone for a power nap. Maybe i will have time to update then !

    Think it's going to be a busy time while he's home, loads of people want to see him and catch up. We have step son for half the time he's home which is amazing, and also the in laws coming up to see the new house, so lots of mouths to feed. Just as well the freezer is full of supplies as i'm going from cooking for 1 to cooking for 5!

    Takeaway and movie tonight i think, and crossing fingers that the sun comes out sometime in the next 2 weeks so we can get our new bbq (OH's late birthday pressie from me) fired up!

    DTD xx
    • DaringToDream
    • By DaringToDream 19th May 17, 6:06 PM
    • 52 Posts
    • 114 Thanks
    DaringToDream
    Right, time to go and wake up sleeping beauty!

    Have been surveying since i last posted. Up to £34.70 on *nepoll, and 580 sw*gbucks so hoping to be able to cash out both sometime soon.

    Still waiting for payment on an eb*y listing which finished 2 days ago- why do people bid and then not pay? it's only £2 so barely even worth the faff, but it's the principle, and all the little buts really do add up!
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