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    • apple muncher
    • By apple muncher 26th Nov 17, 3:14 PM
    • 6,644Posts
    • 48,711Thanks
    apple muncher
    NST December: Debt Destruction December
    • #1
    • 26th Nov 17, 3:14 PM
    NST December: Debt Destruction December 26th Nov 17 at 3:14 PM

    Debt Destruction December 2017
    Clear Up, Clean Up and Take Control

    You CAN do it


    2017 is coming to an end - how has this year been for you? December is a perfect time to make plans, to start as you mean to go on and to avoid the traditional failings of January's "resolution" chaos. The year ahead has to be clear in your head, what you want and how you will go about it – this ensures you make progress.

    It's time to clear up those niggling feelings of fear and face your debts, get out those envelopes that have been shoved into drawers, clean up the loose ends and call your CC companies and know where you are at and what you owe. Take control of your life.

    It's so important that you do this for yourself and do it now. Christmas is often a very expensive time of year and what better time and place to start pulling things together than with us...we are a group of people who are supporting each other to debt freedom. We call ourselves Turtles – find out why here: http://forums.moneysavingexpert.com/showthread.php?t=5048897

    (look at post #2)

    These are the non-negotiable rules to follow:

    1. This Challenge runs from December 1st to December 31st.
    2. You will aim for 15 NSD's. Any spend on any item will class as a spend day. You have 16 days for spending - use them wisely. An NSD will not be spoiled by purchasing yellow sticker products only or medication, fuel or paying for regular children's activities (when planned in advance and the monies put aside in an envelope). This month you will also keep an NSD if you only buy items for the food bank or donate to charity.
    3. You will pay to your debt/savings first. And live off the rest.
    4. You will drop one Christmas outing/party whether with work or people you don't really like. Why waste your money? I am not going to a work do at all!
    5. You will take your lunch to work every single day that you are there. At home? Out and about? You will still plan a ‘packed lunch’ for yourself. No exceptions. You will not darken the doors of cafeterias, coffee shops, take away emporia…
    6. You will not go to any sales in the month of DDD. Unless you have a planned budget and have been saving for a specific item PLEASE do not go to the Boxing Day Sales. It is too much temptation to buy tat you really don’t need. STAY AT HOME!!!

    Debt destruction: to destroy your debt (or mortgage), you need a plan. When is your Debt Free Date (DFD)? How much do you need to pay each month to get there? Have you done a Statement of Affairs (SOA)? What are your weaknesses? And strengths? Set your budget for December NOW (see below).

    Exterminate one bad habit from your life for the first 10 days. This is NOT about food. I shall be renouncing a particular game I play on my tablet that just sucks me in and takes hours of my time. There will be other things for later in the month.

    Clear up, clean up and take control. Clear some space in your surroundings by removing 31 items this month – to charity, to recyc, to give to others. Clean up your way of talking to yourself – clean away the negative talk and be kind and positive to yourself. Let yourself sparkle. Take control of your finances, your time, your habits, and your health.

    Explore your local area – get out and walk, go along those footpaths you have never been up before. Going away? Venture out and be observant. Appreciate the landscape.

    Mental health. To continue a recent turtle theme. Do something every day this month that makes you feel good: gym, reading, time with family, favourite tv programme, meditation, building a snowman. NOT spending, of course!! Write down 4 gratitudes each day.

    Budget
    EVERYTHING before you start the month. (Food, gifts, bills, travel, activities, annual stuff…) Get a notebook and write down everything you will be doing in December. (And then use the notebook to record each and every spend for the month.) This budget is to be set in stone – you really do not need those Christmas promotions. Is there an expectation that you will travel more, contribute with gifts/food/drink? Can you make something? Batch cook now. Bake some goodies so that you avoid massive tubs of sweets, fancy biscuits in tins and expensive cakes. Cookie dough can be frozen raw and then cooked in a few minutes when required. Batch cooking doesn’t have to be 24 meals in one go – even doubling up, or ensuring you have leftovers for tomorrow’s lunch is a good thing.

    Evaluate
    the year you have had: what was good, and what was not so good. What did you do well? What was beyond your control? Now look ahead and plan 5 things to go for in 2018.

    Remember
    that this is a difficult time for many. Allocate £5 of your food budget to spend on food bank items. Check what they need, get the kids involved, or do it online if that is the only way for you. This is on top of your usual giving this month. Get in the habit of doing good deeds for others.

    I can’t say this won’t be hard but we are all here to be encouraging and everyone will help you. So please, stop faffing about, take responsibility and give me your name!


    (Please do not re-post the entire thread as it makes it too long.)

    But do post every day.




    This Forum tip was included in MoneySavingExpert.com's weekly email!
    Last edited by MSE Andrea; 06-12-2017 at 9:31 AM.
    NST DDD#1; NSD 9/15; Ex 4/12; craft 11/30 (267); remove 6/31 (601)
    2017 MFW#63 Pay off: £3708/£4050; 2
    017 sell 351

    Mortgage £23,486 (01/14: £78,201; 01/15: £59,629; 01/16: 39,915; 01/17: 27,295) MFWDate Dec 2018
Page 2
    • Missu
    • By Missu 27th Nov 17, 9:12 AM
    • 462 Posts
    • 1,029 Thanks
    Missu
    Can I join in please?
    Mortgage at 26/9/12 £92000 :eek
    Balance at 1/12/17 £51869
    Saving for Xmas £0/£600
    • BadBookkeeper
    • By BadBookkeeper 27th Nov 17, 11:01 AM
    • 105 Posts
    • 647 Thanks
    BadBookkeeper
    Me please
    • Eager_Elephant
    • By Eager_Elephant 28th Nov 17, 5:41 AM
    • 4,117 Posts
    • 22,844 Thanks
    Eager_Elephant
    I failed again in November by not posting but will make an effort with December.

    Thanks apple
    Ninja Saving Turtle No. 15 for November
    NSD - 1/15
    (up to 01/11/17)
    My Diary is here - http://forums.moneysavingexpert.com/showthread.php?t=2175629 (Eager Elephants Effective Everyday Excursion)
    • Munchin
    • By Munchin 28th Nov 17, 7:37 AM
    • 2,116 Posts
    • 6,268 Thanks
    Munchin
    Morning,

    I would like to join please
    • mothernerd
    • By mothernerd 28th Nov 17, 10:08 AM
    • 2,187 Posts
    • 22,369 Thanks
    mothernerd
    I failed again in November by not posting but will make an effort with December.

    Thanks apple
    Originally posted by Eager_Elephant
    You did not fail. You may have missed some of your targets but you did not fail. You tried your best and dealt with what life threw at you, be kind to yourself.
    Building a rainbow of happiness and joy
    NST Dec #4 SFD 6/15 Food £112.71/£150 Travel £6.50/£20 DIY £6/£30 Hol £50/£50 Xmas £50/£50 No Debt No mortgage Dec Clear out 515/2017
    • Florence J
    • By Florence J 28th Nov 17, 11:28 AM
    • 1,807 Posts
    • 10,215 Thanks
    Florence J
    May I join again please? x
    Sealed Pot Challenge 11 #553
    £1000 Emergency Fund Challenge #253
    Wombling free 2017 = £2118.64
    Pay off all your debts by Xmas 2017 #53 (£3133.08/£3000)
    November 2017 Credit Card Debt: £3980
    • worklifebalance
    • By worklifebalance 28th Nov 17, 1:21 PM
    • 31 Posts
    • 281 Thanks
    worklifebalance
    Followed this thread for a while but going to take the jump and join up please Apple. A number of the things on your list have slipped recently so hopefully this will encourage me to get back on track.


    Thanks
    Worklifebalance
    SPC #459 no 8 2015 £203 2016 £157 2017 £70
    starting mortgage £120,000 June 2012
    OP 2015 £5000, 2016 #57 £28866/ £25000
    • Calling14
    • By Calling14 28th Nov 17, 1:48 PM
    • 2,515 Posts
    • 18,656 Thanks
    Calling14
    Can I join please Applemuncher been away from the fold too long and its starting to show.
    LBM 13039 1.1.13 NOW £990
    PAYDBX 2017 #16 £3310 /£4300 DFD 12/17
    E
    Fund #9 £100/£1,000
    1 x 100 days challenge £1567/2000 ends 29/12/17


    • apple muncher
    • By apple muncher 29th Nov 17, 7:42 AM
    • 6,644 Posts
    • 48,711 Thanks
    apple muncher
    Exterminate + Remember
    Exterminate - plan now what you will be renouncing for the first 10 days of December. And tell us what it is. I'm giving up a specific game on my tablet that sucks in my time and energy. And I'll not replace it by playing a different game!

    Remember - many are doing a 'reverse advent' by donating an item per day to food banks. Spend your allocated £5 at the start of the month so that the foodbanks have time to collect, log and distribute it.
    NST DDD#1; NSD 9/15; Ex 4/12; craft 11/30 (267); remove 6/31 (601)
    2017 MFW#63 Pay off: £3708/£4050; 2
    017 sell 351

    Mortgage £23,486 (01/14: £78,201; 01/15: £59,629; 01/16: 39,915; 01/17: 27,295) MFWDate Dec 2018
    • DebtFreeDuo
    • By DebtFreeDuo 29th Nov 17, 9:44 AM
    • 622 Posts
    • 3,023 Thanks
    DebtFreeDuo
    I am going to exterminate TV, I am going to do no TV for the first 10 days (except for the small, he would be heartbroken if we didn't have movie night), then I am only going to give myself Saturdays to watch anything I need to catch up on. I think this will help me be a lot more productive with my revision and help my mental health too.

    My smalls school is doing a reverse advent, I was going to donate a couple of things but now I'm thinking I will still add those couple of things but also donate an extra £5-£10 worth of stuff for this challenge. All the food is going to my local food bank so it just saves me having to find where to donate otherwise. I hope this is ok? Please tell me if its not. Also once I have donated and no longer have this area to report am I ok to change my R to revision? I have 5 exams in January and really need to focus on my revision.
    Loan:1780.49 2207.38 Car Loan:2039.22 2419.64 0% CC:984.98 1063.48 Overdraft: 860 Overpayment:1781 Total: 7445.69 DFD Dec 18
    SPC 586
    • Toni'sfriend
    • By Toni'sfriend 29th Nov 17, 11:00 AM
    • 708 Posts
    • 9,685 Thanks
    Toni'sfriend
    I'm joining Apple in giving up the silly computer game on my tablet. I'm going to download some books and read instead.
    I love the idea of a reverse advent but, as far as I can see, there is no food bank where I'm going on holiday. Might find somewhere when I get there but might have to think of something else. Any ideas?
    • Calling14
    • By Calling14 29th Nov 17, 2:15 PM
    • 2,515 Posts
    • 18,656 Thanks
    Calling14
    Exterminate - scrolling through facebook which is such a time waster. Use the time wasted to declutter my house which seems to be gaining clutter by the day and do more exercise.
    Food banks - noticed so many local collection point sprung up so will contribute there.
    Going to look seriously at my debts as having to increase them this month - due to house problems. Will get back with figures and good intentions shortly.
    Got 2 days off this week so will aim for 31 items by Friday.

    Love the challenge apple x
    LBM 13039 1.1.13 NOW £990
    PAYDBX 2017 #16 £3310 /£4300 DFD 12/17
    E
    Fund #9 £100/£1,000
    1 x 100 days challenge £1567/2000 ends 29/12/17


    • DebtFreeDuo
    • By DebtFreeDuo 29th Nov 17, 2:41 PM
    • 622 Posts
    • 3,023 Thanks
    DebtFreeDuo
    Toni'sfriend could you do it when you are back or before you go? Giving to food banks is my favourite way of giving because I know how helpful they are to those in real need.
    Loan:1780.49 2207.38 Car Loan:2039.22 2419.64 0% CC:984.98 1063.48 Overdraft: 860 Overpayment:1781 Total: 7445.69 DFD Dec 18
    SPC 586
    • Toni'sfriend
    • By Toni'sfriend 29th Nov 17, 3:52 PM
    • 708 Posts
    • 9,685 Thanks
    Toni'sfriend
    Toni'sfriend could you do it when you are back or before you go? Giving to food banks is my favourite way of giving because I know how helpful they are to those in real need.
    That's certainly an option. I'm wondering if, when I get there, maybe the local church or a local charity might be doing something.
    • apple muncher
    • By apple muncher 29th Nov 17, 6:32 PM
    • 6,644 Posts
    • 48,711 Thanks
    apple muncher
    DFD - adding more to what your smalls will take in is a great idea. Feel free to Revise!

    Toni'sfriend - any donations at any time are good. So if you can't do it before you go away, or whilst away, then jus do it once you are home.
    NST DDD#1; NSD 9/15; Ex 4/12; craft 11/30 (267); remove 6/31 (601)
    2017 MFW#63 Pay off: £3708/£4050; 2
    017 sell 351

    Mortgage £23,486 (01/14: £78,201; 01/15: £59,629; 01/16: 39,915; 01/17: 27,295) MFWDate Dec 2018
    • Kerry Woman
    • By Kerry Woman 29th Nov 17, 7:49 PM
    • 2,067 Posts
    • 19,586 Thanks
    Kerry Woman
    Exterminate - Going to stop spending a lot of time on social media. Going to try and do more positive things with my time.

    Food banks - Will try and do this as soon as I can. Will need to find I can a local drop off point for a food bank.
    Frugal Living Challenge 2017
    Mortgage free as of 1st August 2013
    NST December: Debt Destruction December NSD 5/15 Food/household budget £32.55/£150
    • f0xh0les
    • By f0xh0les 29th Nov 17, 9:07 PM
    • 1,098 Posts
    • 8,097 Thanks
    f0xh0les
    Last month (November) I took F4ceb00k off my phone, I don't miss it at all. I have only looked at it every 3 or 4 days. on my laptop I will exterminate it completely for the first 10 days of December.

    Remember the kids' school has a food bank collection basket in their reception area.
    MFW START DATE May 16 £118,340 :
    October 17 - £109,495.00
    December 17 £108,800
    NEXT GOAL is sub £105k
    • Tabithabooboo
    • By Tabithabooboo 29th Nov 17, 9:26 PM
    • 39 Posts
    • 168 Thanks
    Tabithabooboo
    Please could I join this challenge?
    • misstara
    • By misstara 29th Nov 17, 10:14 PM
    • 2,487 Posts
    • 17,353 Thanks
    misstara
    Exterminate - also a certain game on my phone

    Remember - local supermarket are doing a collection point for a food bank so will add some items to that next time I'm there. The local radio station are also doing a thing where you donate a Christmas present for a child so will do that too.
    Debt at LBM Jan 2014 £10458.09 Now £0
    New flat debt Jan 2017 £2302.75 Now £1239.95 (46.2% paid)
    Car debt Nov 2017 £797.68 Now £748.10 (6.2% paid) + monthly payments £146.82 0/60
    Mini Targets
    Exercise target - Run 0/6, Gym 1/6 Groceries target £70.25/£200. NSD target 6/15.
    • worklifebalance
    • By worklifebalance 30th Nov 17, 8:51 AM
    • 31 Posts
    • 281 Thanks
    worklifebalance
    Exterminate - not going to turn tv or tablet on till 9pm or 2 hrs at the weekend! Waste so much time watching rubbish while talking about all the stuff that needs done. Now I'll just get it done rather than washing dishes at midnight! Really need to start with the washing mountain.


    Remember - while put something in the food bank bin whilst doing the shopping so that one is easy.
    SPC #459 no 8 2015 £203 2016 £157 2017 £70
    starting mortgage £120,000 June 2012
    OP 2015 £5000, 2016 #57 £28866/ £25000
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