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    • HairyHandofDartmoor
    • By HairyHandofDartmoor 24th Sep 17, 1:22 PM
    • 3,396Posts
    • 21,452Thanks
    HairyHandofDartmoor
    Finally Debt Free After 34 Years, But Still Need to Live Frugally
    • #1
    • 24th Sep 17, 1:22 PM
    Finally Debt Free After 34 Years, But Still Need to Live Frugally 24th Sep 17 at 1:22 PM
    My DH and I have been in debt for 34 Years, apart from brief periods, ever since I was offered my first credit card at the tender age of19.

    Our debts were caused by us being impulsive spenders and not being very skilled at budgeting or managing our money, so we know it is our own fault. We always believed that one day we would have more money, mysteriously, and that this would bail us out .

    Our full light bulb moment came when we realised, "What if we never have any more money than we do right now?"

    A couple of years ago we were coping with the minimum payments, but didn't have enough to overpay on any of them. We were forking out £1300 a month in minimum payments, and the interest alone was £1000 a month .

    But then in 2015 our small business started to bring in less, and a family bereavement, and illness affected our ability to work. We could no longer afford the minimum repayments and we were scared we would lose our home. We were stricken with stress and depression .

    Step Change shone a light in the darkness for us and they arranged for us to make token payments of £1 a month to our creditors. This saved our sanity and we were reassured that our home was unlikely to be taken from us.

    My DH recently turned 55 and drew out his pension so that we could make full and final offers to our creditors. All but one accepted an offer of 50% of what we owed (which is all we had to offer). We are continuing negotiations with the final creditor and hope to be debt free by Christmas .

    Being so close to being debt free has made me realise what a heavy burden the debts have been all these years, like living our lives wearing lead boots.

    Once we are debt free we will still need to live very frugally because we have no emergency fund or savings, and our income can be irregular. I hope that starting a diary will help to focus me on frugal living, avoid impulsive spends, and keep my spirits up. Because frugal living can be a lonely and isolating experience.

    This site and Step Change has helped me so much, and I hope that my diary will help to inspire others that it's never too late to change your life .
    Last edited by HairyHandofDartmoor; 18-11-2017 at 9:49 AM.
    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. Then save up for repairs to the house.
    Emergency Fund 1 = £818/Emergency Fund 2 = £0/Loss of Income Fund £0
Page 105
    • Sun Addict
    • By Sun Addict 7th Feb 18, 9:36 PM
    • 5,230 Posts
    • 33,233 Thanks
    Sun Addict
    Just caught up with your last couple of days. What a worry with the TIA, but like you say a wake up call and time to make improvements. Glad DS is safely on his way.

    I bought a stick blender and mini chopper not that long ago on offer from Mr S.
    Virtual Sealed Pot 2018 £153.08
    Jan NSDs 4 Feb AFDs 1
    Weight loss 4/10LBS Emergency Fund £2000/£10,000
    April holiday £0/£900
    Dining room fund £150
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 7th Feb 18, 9:39 PM
    • 3,396 Posts
    • 21,452 Thanks
    HairyHandofDartmoor
    Thanks SA .

    Clearly there are bargains to be had if I shop around.
    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. Then save up for repairs to the house.
    Emergency Fund 1 = £818/Emergency Fund 2 = £0/Loss of Income Fund £0
    • beanielou
    • By beanielou 7th Feb 18, 9:45 PM
    • 50,646 Posts
    • 193,989 Thanks
    beanielou
    http://www.argos.co.uk/product/9098367
    One for £5.49
    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***
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 7th Feb 18, 9:56 PM
    • 3,396 Posts
    • 21,452 Thanks
    HairyHandofDartmoor
    Thanks beanie
    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. Then save up for repairs to the house.
    Emergency Fund 1 = £818/Emergency Fund 2 = £0/Loss of Income Fund £0
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 8th Feb 18, 12:45 AM
    • 3,396 Posts
    • 21,452 Thanks
    HairyHandofDartmoor
    DS2's plane is nearly two hours late leaving Atlanta . Which is why I'm still awake. DH is asleep on the sofa
    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. Then save up for repairs to the house.
    Emergency Fund 1 = £818/Emergency Fund 2 = £0/Loss of Income Fund £0
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 8th Feb 18, 1:06 AM
    • 3,396 Posts
    • 21,452 Thanks
    HairyHandofDartmoor
    Now we're in bed. DH is asleep, but I said I would make sure DS2 lands safely and gets to his hostel. This is a long day and night
    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. Then save up for repairs to the house.
    Emergency Fund 1 = £818/Emergency Fund 2 = £0/Loss of Income Fund £0
    • carbootcrazy
    • By carbootcrazy 8th Feb 18, 8:31 AM
    • 4,347 Posts
    • 24,499 Thanks
    carbootcrazy
    I hope you're managing to get some sleep at last, HH. Must have been a very long day and night for you. Try to relax once you know he's safe and sound at his hostel. All this anxiety and stress is bad for anyone especially your DH, to whom I'm sending my best wishes by the way.


    All this mention of stick blenders I thought I'd mention mine. It was from Argos too and is a Cookworks one. A bit more expensive than Beanie's one but still only about £10-ish. Has 2 speeds instead of one and the main thing about it is that the bit that does the blending/whisking is detachable for washing. The cheaper one (which I had before and was perfectly OK as a blender) didn't detach so it had to be washed in the sink with the cable and plug dangling over the side. I think the detachable bit of my Cookworks one can be put in the dishwasher, Not sure though as I don't have one. The only dishwasher in this house is me
    Last edited by carbootcrazy; 08-02-2018 at 9:21 AM.
    Make £10 A Day Challenge 2018. Jan ?:Feb: £236.25


    Original Debt: £56804 (@ LBM 02/13). Now: £10102
    . Getting there.
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 8th Feb 18, 8:46 AM
    • 3,396 Posts
    • 21,452 Thanks
    HairyHandofDartmoor
    Thanks Carboot .

    In the end I set my alarm for 2.00am so I could wake up and see if DS2's plane had landed safely in New Orleans. He texted DH's phone just after 2.00am to say it had. Then he messaged me at 3.00am to say he'd arrived at the hostel!

    What a day and night! I feel quite rough with a headache and sore throat so I rang to cancel my volunteering this morning. I feel bad about it but I really don't feel great .

    I set my alarm for 8.00am as DS3 has college and I just caught him to say goodbye as he was leaving. He got up early enough to walk in which saved DH giving him a lift.

    DS1 is seeing friends this afternoon so he needs to be up soon, but we'll ask him to get the bus so DH can rest.

    We should be able to get a proper night's sleep tonight, I can't wait!
    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. Then save up for repairs to the house.
    Emergency Fund 1 = £818/Emergency Fund 2 = £0/Loss of Income Fund £0
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 8th Feb 18, 8:47 AM
    • 3,396 Posts
    • 21,452 Thanks
    HairyHandofDartmoor
    Thanks for the stick blender recommendation too Carboot .
    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. Then save up for repairs to the house.
    Emergency Fund 1 = £818/Emergency Fund 2 = £0/Loss of Income Fund £0
    • beanielou
    • By beanielou 8th Feb 18, 9:19 AM
    • 50,646 Posts
    • 193,989 Thanks
    beanielou
    What an eventful night.
    Glad DS2 is now there safe & sound.
    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***
    • redofromstart
    • By redofromstart 8th Feb 18, 9:54 AM
    • 1,129 Posts
    • 6,903 Thanks
    redofromstart
    Glad he got there ok and hope you feel better soon. Far better to cancel than to go and share bugs around.
    • Purplemumof2
    • By Purplemumof2 8th Feb 18, 10:24 AM
    • 5,805 Posts
    • 21,554 Thanks
    Purplemumof2
    Glad DS got there safe and sound.

    Hope you feel better soon xx
    Official DFW Nerd Club - Member no. 791 - Proud to be dealing with my debts
    MBNA: £6750.00 Cap 1: £456.79 BC: £8800.00
    AFD 3/14 NSD 3/14 LTW 6/14
    POAMAYC 2018 #041 PD £1194.42/£4000
    Savings for Christmas £60.84/£365
    20p Savers 2018 £2 Savers 2018 50p Savers 2018 SPC 11 2018 #003
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 8th Feb 18, 7:39 PM
    • 3,396 Posts
    • 21,452 Thanks
    HairyHandofDartmoor
    I just lost a long post because my internet is flaky .

    Thanks all of you .

    I feel much better since having a nap. I wouldn't dream of napping normally but I was so tired I felt ill .

    DS1's friend had got hold of some cheap theatre tickets for them all, so he went to see Hamlet this afternoon. DS1 got on the bus and paid for his ticket with some change in his pocket. He then realised he'd forgotten his wallet, phone and theatre ticket . He asked the bus driver to stop and the driver gave him his bus money back as they'd gone less than one stop . Anyway DS1 really enjoyed the play, his first Shakespeare.
    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. Then save up for repairs to the house.
    Emergency Fund 1 = £818/Emergency Fund 2 = £0/Loss of Income Fund £0
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 8th Feb 18, 7:45 PM
    • 3,396 Posts
    • 21,452 Thanks
    HairyHandofDartmoor
    DH and I managed to get some work done and I got a £5.25 bonus payment from PA . It was for a survey I did months ago. My balance went from zero to £5.25 .

    Then I got an 80p beer survey (I never drink beer) and the survey I did before that was on football which I never watch .

    I also got a YG survey and my balance is now 2575, creeping up slowly .

    I've no idea what DS2 is doing, but it's only 1.45pm in New Orleans.

    Tonight I plan to have an early night so that I can do my morning walk and be super efficient tomorrow.

    Hope everyone has had a good Thursday .
    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. Then save up for repairs to the house.
    Emergency Fund 1 = £818/Emergency Fund 2 = £0/Loss of Income Fund £0
    • Cumbria lass
    • By Cumbria lass 8th Feb 18, 7:52 PM
    • 1,377 Posts
    • 7,884 Thanks
    Cumbria lass
    Good to hear DS2 is safely arrived in the US.

    I hope you aren't getting the dreaded virus that has struck me down.

    An early night is a good idea.
    CC1 £3993.62
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 8th Feb 18, 8:27 PM
    • 3,396 Posts
    • 21,452 Thanks
    HairyHandofDartmoor
    Thanks Cumbria .

    I think I was just exhausted from two nights of hardly any sleep and worrying about DH's health and DS2's trip. I hope it's not a bug anyway.
    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. Then save up for repairs to the house.
    Emergency Fund 1 = £818/Emergency Fund 2 = £0/Loss of Income Fund £0
    • in need of direction
    • By in need of direction 8th Feb 18, 9:15 PM
    • 4,858 Posts
    • 27,680 Thanks
    in need of direction
    hey you, i disappear for a few days and your whole world has upended. fingers crossed that things settle down and you catch up with sleep. BTW, what kind of flapjack were they making?
    Mortgage at 01.01.14 £119,481.83 today £78,892.61, target £65,000 by 31/12/18 Offset fund today £4,075.43 target £5,500 by 31/12/18
    Emergency fund £3.5/5.5k & £200/200 cash.
    Current weight loss10/32 by 28 feb 2018
    determined to stop defining myself by my mistakes.
    Progress not perfection.
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 8th Feb 18, 9:21 PM
    • 3,396 Posts
    • 21,452 Thanks
    HairyHandofDartmoor
    Thanks INOD, things do seem to move fast around here .

    They were using my value oats and some honey they found, I've no idea what else. They left a right mess in the kitchen too .
    Last edited by HairyHandofDartmoor; 09-02-2018 at 7:05 PM.
    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. Then save up for repairs to the house.
    Emergency Fund 1 = £818/Emergency Fund 2 = £0/Loss of Income Fund £0
    • elizabethhull
    • By elizabethhull 8th Feb 18, 9:48 PM
    • 185 Posts
    • 848 Thanks
    elizabethhull
    I just lost a long post because my internet is flaky .

    Thanks all of you .

    I feel much better since having a nap. I wouldn't dream of napping normally but I was so tired I felt ill .

    DS1's friend had got hold of some cheap theatre tickets for them all, so he went to see Hamlet this afternoon. DS1 got on the bus and paid for his ticket with some change in his pocket. He then realised he'd forgotten his wallet, phone and theatre ticket . He asked the bus driver to stop and the driver gave him his bus money back as they'd gone less than one stop . Anyway DS1 really enjoyed the play, his first Shakespeare.
    Originally posted by HairyHandofDartmoor
    Hamlet is a hard one to start with and long !

    So glad to hear DS2 safely in the US. You can't help worrying can you, it goes with being a parent.
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 8th Feb 18, 9:53 PM
    • 3,396 Posts
    • 21,452 Thanks
    HairyHandofDartmoor
    It was a really good production so DS1 really enjoyed it .

    I don't know what I'd worry about if I wasn't a parent Elizabeth, it certainly seems to be an inevitable result of having children. And yet you wouldn't want to be without them.
    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. Then save up for repairs to the house.
    Emergency Fund 1 = £818/Emergency Fund 2 = £0/Loss of Income Fund £0
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