Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • camz2017
    • By camz2017 22nd Oct 17, 11:57 PM
    • 264Posts
    • 510Thanks
    camz2017
    Paying off debt to freedom
    • #1
    • 22nd Oct 17, 11:57 PM
    Paying off debt to freedom 22nd Oct 17 at 11:57 PM
    Started my debt free diary, 31k in the red. The way I see it, the sooner I can become debt free the sooner I can live my life.

    I am starting this diary as I have always kept my debt to myself, and I split with the girl I am seeing today... I think all of my debt and worries have meant I just ignored her, I feel bad I have literally said almost zero to her for the past 3 or 4 weeks, blanking her messages just thinking of my own mess. I was unsure how to tell her what is going on so I got kinda messy and couldn't explain myself and she naturally assumed I was hiding something and jumped to I have cheated...

    Had a huge argument where she told me I encourage women to throw themselves at me and I am a psychopath, I'm a sociopath, and a horrible human being with no conscience guilt, can't remember what else, but basically told me I'm a horrible human being. I mean I can be an !!! at times, and I am quite nasty if I'm moody, but I do really care about those around me I feel sad my debt has caused this for me, as I'd have been fine otherwise. Amazing eh how debt can impact so much.

    Anyway, felt like time to get my stuff together, get a diary going and vent out a little bit.

    I imported all my spending for the past 4 months into YNAB, and it was frankly disgusting how I spent over £80 a month on fast food alone! So bad for my budget, and also my health! Likewise I spent £109 on average per month dining out!!! I have done a budget for next month, where I have said no fast food, and halved my dining out (with a view to phase out). I just think I am best to tackle one problem area per month, whilst keeping myself on budget and not going over into more debt. If I go crazy all at once, I know me, I will break everything and go wild.
    Last edited by camz2017; 23-10-2017 at 12:00 AM.
Page 12
    • Scott_Weiland
    • By Scott_Weiland 3rd Jan 18, 12:21 PM
    • 736 Posts
    • 1,836 Thanks
    Scott_Weiland
    Hmmmm you could try CLA tablets you can buy them in most healthfood stores holland and barrett etc or

    http://www.hollandandbarrett.com/shop/product/holland-barrett-raspberry-ketones-digestive-enzymes-capsules-60012814?skuid=012814&&utm_medium=cpc&utm_source=g oogle&utm_adid=167544635936&utm_adgID=587000020685 45090&gclid=CjwKCAiAm7LSBRBBEiwAvL1-LyDV_UaQWlZ8xowLqZJ-BlbCZ8dxsaO5fk32dWZgodXZVZh0BQSqlhoCz2cQAvD_BwE
    Cashback Earnings YTD £8.25 Survey Earnings YTD £38.38
    • camz2017
    • By camz2017 3rd Jan 18, 12:43 PM
    • 264 Posts
    • 510 Thanks
    camz2017
    I just think drink lots of water. Raspberry ketones are a bit of a Kardashian overrated thing in my view!
    Total Debt December 2017: £30931.36. Start: Dec 2017 DFD Target: Jan:2021 DFD More Realistic: Jan 2022
    Paid off 0/100%
    • camz2017
    • By camz2017 3rd Jan 18, 12:56 PM
    • 264 Posts
    • 510 Thanks
    camz2017
    Just on the phone with natwest, paying off part of the 18.9% loan with 6.9% offer from MBNA. Will work out all my numbers once done. Annoys me how I have to pay a penalty to pay off the loan early, but heyho.
    Total Debt December 2017: £30931.36. Start: Dec 2017 DFD Target: Jan:2021 DFD More Realistic: Jan 2022
    Paid off 0/100%
    • natsplatnat
    • By natsplatnat 3rd Jan 18, 1:45 PM
    • 2,706 Posts
    • 2,430 Thanks
    natsplatnat
    Annoys me how I have to pay a penalty to pay off the loan early, but heyho.
    Originally posted by camz2017

    Just think of the interest you have saved! Some things just cannot be helped!


    I'm gonna stick to water and tea I think!
    LBM ,- Wed 19th Nov 2008 £21,225 PAID OFF
    *DEBT FREE 28th September 2015*
    *2017 cashback pending £175.35, paid £??*
    (2011=£137.30, 12=£66.39, 13=£102.61, 14=£214.97, 15=£159.51 16=£213.05)
    Pro.Ac £10.10 + £126.19 paid
    SAVINGS TO CLEAR STUDENT LOAN £0.00 (£528.56 paid off)

    • camz2017
    • By camz2017 3rd Jan 18, 3:59 PM
    • 264 Posts
    • 510 Thanks
    camz2017
    As much as I hate my credit cards I must say MBNA and Barclaycard really do offer existing customers decent deals... I let MBNA know my situation last month (paying 18.9% APR elsewhere) and he told me there would be offers on my account next month. Sure enough, there was a 6.9%!

    Barclaycard almost always offer 6.9% for life, so the idea is when the Barclaycard balance goes down a few thousand I will move bits of the MBNA as that's only interest free for 2 years.

    EDIT: Not selling laptop, I use it almost daily! It's a macbook retina 2014, so if I get desperate I can sell it for a decent number later down the line. Also you are right I can't afford to replace it!
    Total Debt December 2017: £30931.36. Start: Dec 2017 DFD Target: Jan:2021 DFD More Realistic: Jan 2022
    Paid off 0/100%
    • EscapingTheAlarm
    • By EscapingTheAlarm 3rd Jan 18, 5:55 PM
    • 89 Posts
    • 191 Thanks
    EscapingTheAlarm
    Great news about the reduction in interest- I hope it makes a big difference to what you can pay off/ overpay each month! Have you worked it out yet?
    Good luck with the 14 pounds Natsplatnat!
    ETA x
    • camz2017
    • By camz2017 4th Jan 18, 10:12 AM
    • 264 Posts
    • 510 Thanks
    camz2017
    Got myself a new official girlfriend... She asked me out, weird, but kinda ballsy.

    She’s easily a 10/10, like genuinely stunning. Why not...
    Total Debt December 2017: £30931.36. Start: Dec 2017 DFD Target: Jan:2021 DFD More Realistic: Jan 2022
    Paid off 0/100%
    • Mumoffourkids
    • By Mumoffourkids 4th Jan 18, 10:23 AM
    • 253 Posts
    • 876 Thanks
    Mumoffourkids
    Wow that was quick work Camz! And good on her for asking you out. When I split up with my ex in the summer, do you know what I started thinking if I like someone why not ask them out. If you don't ask, you don't get! Let's hope she is normal and your life calms down a bit with no dramas
    Total debt Dec 2017 £22940.83/£23090.83
    Debt no 1 £493.29/£593.29 ~ Emergency fund £0/£600
    PAYDOBX2018 #97 £0/£12,000 ~ Make £10 a day #16 £28.90/£62
    20p savers 2018 #95
    NSD Jan 2018 2/12
    • camz2017
    • By camz2017 4th Jan 18, 10:23 AM
    • 264 Posts
    • 510 Thanks
    camz2017
    ...turned my passwords back on, notifications hidden, iMessage disconnected from everything but 1 phone. Two factor turned on my social media so if she ever gets my pw I get a text with a second code, and know what’s happening... Gotta play it safe !
    Had too many girls stalk my social media without me knowing, had one girl link my Apple account to her spare iPad so she got all my texts!! Call me paranoid but I am.
    Total Debt December 2017: £30931.36. Start: Dec 2017 DFD Target: Jan:2021 DFD More Realistic: Jan 2022
    Paid off 0/100%
    • Mumoffourkids
    • By Mumoffourkids 4th Jan 18, 10:31 AM
    • 253 Posts
    • 876 Thanks
    Mumoffourkids
    Omg, yes I think that would make me paranoid as well to be honest if someone did that to me. I don't blame you for increasing your security measures!
    Total debt Dec 2017 £22940.83/£23090.83
    Debt no 1 £493.29/£593.29 ~ Emergency fund £0/£600
    PAYDOBX2018 #97 £0/£12,000 ~ Make £10 a day #16 £28.90/£62
    20p savers 2018 #95
    NSD Jan 2018 2/12
    • natsplatnat
    • By natsplatnat 4th Jan 18, 10:31 AM
    • 2,706 Posts
    • 2,430 Thanks
    natsplatnat
    Great news about the reduction in interest- I hope it makes a big difference to what you can pay off/ overpay each month! Have you worked it out yet?
    Originally posted by EscapingTheAlarm

    Any figures yet? (apart from your stunning new girlfirends? lol)
    LBM ,- Wed 19th Nov 2008 £21,225 PAID OFF
    *DEBT FREE 28th September 2015*
    *2017 cashback pending £175.35, paid £??*
    (2011=£137.30, 12=£66.39, 13=£102.61, 14=£214.97, 15=£159.51 16=£213.05)
    Pro.Ac £10.10 + £126.19 paid
    SAVINGS TO CLEAR STUDENT LOAN £0.00 (£528.56 paid off)

    • camz2017
    • By camz2017 4th Jan 18, 10:36 AM
    • 264 Posts
    • 510 Thanks
    camz2017
    They’re really the same just the credit card has shifted from the loan, so loan to credit card balance. Moved over 3750.

    It’s around 30k total. I’m not going to plan out too much until I get my US offer and know the deal. Not sure of my salary right now out there.
    Total Debt December 2017: £30931.36. Start: Dec 2017 DFD Target: Jan:2021 DFD More Realistic: Jan 2022
    Paid off 0/100%
    • camz2017
    • By camz2017 4th Jan 18, 3:12 PM
    • 264 Posts
    • 510 Thanks
    camz2017
    Ok I think I understand what you mean by figures!

    If I pay the debts in 3 years:
    I now save £1142 in interest

    If I pay the debt in 4 years:
    I now save £1313

    Amazing how much of a difference that shift in a balance can make!
    Total Debt December 2017: £30931.36. Start: Dec 2017 DFD Target: Jan:2021 DFD More Realistic: Jan 2022
    Paid off 0/100%
    • Scott_Weiland
    • By Scott_Weiland 4th Jan 18, 3:22 PM
    • 736 Posts
    • 1,836 Thanks
    Scott_Weiland
    Nice one re the new lady Camz
    Cashback Earnings YTD £8.25 Survey Earnings YTD £38.38
    • camz2017
    • By camz2017 4th Jan 18, 4:35 PM
    • 264 Posts
    • 510 Thanks
    camz2017
    My friends got a florist business, itís a guy, random ambition... Anyway heís just sent flowers to the girlfriends house! Heís doing it for free as he missed my birthday. Nice guy. Not too worried about my debt situations sheís broke as well, sheís out of work currently bless her, but her last job only paid her £17,000! She lives with her mum so Iím hoping this brings the family on my side. I was upfront about my US situation, she seems cool with it for now.

    Got 3 Ebay sales ending shortly, a sky WiFi booster, external hard drive and a spare router.
    Total Debt December 2017: £30931.36. Start: Dec 2017 DFD Target: Jan:2021 DFD More Realistic: Jan 2022
    Paid off 0/100%
    • EscapingTheAlarm
    • By EscapingTheAlarm 4th Jan 18, 5:38 PM
    • 89 Posts
    • 191 Thanks
    EscapingTheAlarm
    Wonderful news about your possible save on interest and especially your new girlfriend! Make sure you’re nice to her!
    It sounds like she’s ideal if she doesn’t expect you to flaunt your cash! You’ll be able to do free things together!
    ETA x
    • natsplatnat
    • By natsplatnat 4th Jan 18, 5:42 PM
    • 2,706 Posts
    • 2,430 Thanks
    natsplatnat
    Make sure you’re nice to her!
    Originally posted by EscapingTheAlarm
    Hear Hear!
    LBM ,- Wed 19th Nov 2008 £21,225 PAID OFF
    *DEBT FREE 28th September 2015*
    *2017 cashback pending £175.35, paid £??*
    (2011=£137.30, 12=£66.39, 13=£102.61, 14=£214.97, 15=£159.51 16=£213.05)
    Pro.Ac £10.10 + £126.19 paid
    SAVINGS TO CLEAR STUDENT LOAN £0.00 (£528.56 paid off)

    • camz2017
    • By camz2017 4th Jan 18, 6:44 PM
    • 264 Posts
    • 510 Thanks
    camz2017
    Iím nice always unless Iím hungry. Thereís nothing worse than when Iím hungry. Iím so excited to have someone to eat with, sheís a big foodie which is totally my thing. We might grow old and fat together.

    On a serious note, for the people I care about Iím an amazing guy. Provided she doesnít do something stupid imma be good. I donít really play games, Iím not controlling, I donít care if she has a tonne of guy friends. Provided she comes home to me I donít mind if she has a slight flirt with other guys for some fun. Iíve never checked a girlfriends phone or messages. I do really try and listen when I know something is wrong, like usually when I sense something is off I will be like letís meet wherever later and talk. Itís usually me who spots something is wrong before the girl mentions it, so I straight away try and sort things. Iíve never understood guys who can go days without noticing!

    I think Iím good in bed lol, I take pride in myself, Iím quite spontaneous in life, I think Iím super romantic, like even a year into things I still do something romantic every week - usually a surprise.

    Iíd like to date myself as a girl. The issues are really once I get crossed, I canít get over things and I always come out on top. Donít cross me & im Prince Charming.
    Total Debt December 2017: £30931.36. Start: Dec 2017 DFD Target: Jan:2021 DFD More Realistic: Jan 2022
    Paid off 0/100%
    • natsplatnat
    • By natsplatnat 5th Jan 18, 1:19 PM
    • 2,706 Posts
    • 2,430 Thanks
    natsplatnat
    We're just ribbing you!
    LBM ,- Wed 19th Nov 2008 £21,225 PAID OFF
    *DEBT FREE 28th September 2015*
    *2017 cashback pending £175.35, paid £??*
    (2011=£137.30, 12=£66.39, 13=£102.61, 14=£214.97, 15=£159.51 16=£213.05)
    Pro.Ac £10.10 + £126.19 paid
    SAVINGS TO CLEAR STUDENT LOAN £0.00 (£528.56 paid off)

    • camz2017
    • By camz2017 5th Jan 18, 2:09 PM
    • 264 Posts
    • 510 Thanks
    camz2017
    So I just did something, I basically looked on Glassdoor at the pay rates per level at my employer, and realistically looked at my promotion dates and timelines.

    Looking at the numbers, by the target debt free date of 2021 I should be earning £70,000.

    With me doing this move to the US, I had my meeting with HR and she said "you are our star performer" so I think my job security is quite high. The firms massive, all over the world so I doubt it'll go under. I also have got the highest possible pay increases 2 years running, my numbers here are based on average which I can hopefully beat... It feels good to realise in a few years time I will be in a position to easily put all of this behind me, and that this is definitely just a temporary hurdle to get over. Obviously it's also a lifestyle change e.g I will always track in my YNAB until I die now... I'm also feeling more confident of my debt free date, as naturally with the salary rises, I will be able to pay more off.
    Total Debt December 2017: £30931.36. Start: Dec 2017 DFD Target: Jan:2021 DFD More Realistic: Jan 2022
    Paid off 0/100%
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

336Posts Today

2,312Users online

Martin's Twitter