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  • FIRST POST
    • laurag89
    • By laurag89 25th Dec 17, 11:09 PM
    • 662Posts
    • 1,274Thanks
    laurag89
    No more excuses - It is time to get serious
    • #1
    • 25th Dec 17, 11:09 PM
    No more excuses - It is time to get serious 25th Dec 17 at 11:09 PM
    New Diary - New Start!

    Im not going to wait until 1st Jan, I need to get serious about clearing my debt now!
    I have been clearing debt and putting it back on for as long as I can remember - and I am never going to get rid of it once and for all unless I stop making excuses.

    So a little about me: I am 28 (29 in March), Homeowner with a mortgage, and engaged (Getting Married June 2019). Also I have been debt for around 10 years now - which thinking about it is scary because that tells me that for all of this time I have been horrendous at managing my money.

    There is absolutely no excuse, I earn pretty decent money for my area - around 30K a year with bonus annually, and I have taken on a second job on a Sunday purely to save for this wedding and to clear my debts. I only take £72 per month on my second job as only work two Sundays a month.

    I have to pay the balance on my wedding dress in January which is £1300 and I'm ashamed to say I already know I need to take a 0% credit card for purchases to front the money. My second job is to pay for this specifically although I now plan to continue it after the wedding to clear my debts.

    Shameful breakdown:

    Very - 0% and will be paid before interest free ends: £249.28

    First Direct Loan - (Consolidation a while ago): £10,550.32 - payment on this is £277.64 per month

    Lloyds CC - 0% for 30 months - £3271.81

    Total Debt: £14,071.41

    So I am aiming to have this paid off in 3 years maximum which means I need to be paying £390.87 per month which is basically what I am paying now!

    However my circumstances are due to change in Feb as our mortgage payment comes down so I will have another £180 spare to pay to my debts.

    Anyway sorry for the long story, but after my wedding dress I am putting nothing onto credit cards! That is the hardest part of the battle for me! Tomorrow I am going to start a fresh with survey sites and all money earned will be going to credit cards!
    Total debt to pay: £14,071.41/ Remaining debt: £13,792.36: Amount Paid: £279.05

    Survey xmas 2018 savings: £10 / £150
Page 1
    • Poor_Single_lady
    • By Poor_Single_lady 26th Dec 17, 9:36 AM
    • 1,199 Posts
    • 4,674 Thanks
    Poor_Single_lady
    • #2
    • 26th Dec 17, 9:36 AM
    • #2
    • 26th Dec 17, 9:36 AM
    Welcome Laura.

    You have a lot going on so hoping the diary will help. xxx
    2017- 5 credit cards plus loan
    Overdraft And 1 credit card paid off.

    2018 plans - reduce debt
    • laurag89
    • By laurag89 26th Dec 17, 11:25 AM
    • 662 Posts
    • 1,274 Thanks
    laurag89
    • #3
    • 26th Dec 17, 11:25 AM
    • #3
    • 26th Dec 17, 11:25 AM
    Welcome Laura.

    You have a lot going on so hoping the diary will help. xxx
    Originally posted by Poor_Single_lady
    Hello

    Thank you for taking the time to read my diary so far, it ended up much longer than i planned!

    There is a lot going on, but hoping that I can finally knuckle down and get rid of this debt. I am hiding away and avoiding the boxing day sales today!
    Total debt to pay: £14,071.41/ Remaining debt: £13,792.36: Amount Paid: £279.05

    Survey xmas 2018 savings: £10 / £150
    • laurag89
    • By laurag89 27th Dec 17, 10:22 AM
    • 662 Posts
    • 1,274 Thanks
    laurag89
    • #4
    • 27th Dec 17, 10:22 AM
    • #4
    • 27th Dec 17, 10:22 AM
    Hope anybody reading had a lovely Christmas!

    So good news - I managed to avoid the boxing day sales yesterday, because clearly I can't afford it.

    I caught up on surveys, trying to do these everyday to work towards vouchers for next christmas, or cash to pay to my credit cards.

    Did my food shop online yesterday for today so all prepared for lunches at work Thurs and Fri - I find shopping online much better for us because we don't get tempted to add extra things we do not need into our trolley, and online shopping takes a lot more planning to know exactly what you need for each meal.

    Its a long way to January payday so not certain what I will have left out of my wages to pay to debt. Im saying £100 per month to the wedding, and £100 per month to holiday fund as we have a holiday booked in June which I do not want to pay with credit cards! So once June Hol is done I will have a spare £100 also for debts.
    Total debt to pay: £14,071.41/ Remaining debt: £13,792.36: Amount Paid: £279.05

    Survey xmas 2018 savings: £10 / £150
    • redofromstart
    • By redofromstart 27th Dec 17, 11:02 AM
    • 879 Posts
    • 5,035 Thanks
    redofromstart
    • #5
    • 27th Dec 17, 11:02 AM
    • #5
    • 27th Dec 17, 11:02 AM
    Happy new diary, and good luck with your journey.

    Well done on ignoring the sales. I'm trying to stay clear too, don't actually need anything. It's fatal to even look isn't it?
    • laurag89
    • By laurag89 27th Dec 17, 11:52 AM
    • 662 Posts
    • 1,274 Thanks
    laurag89
    • #6
    • 27th Dec 17, 11:52 AM
    • #6
    • 27th Dec 17, 11:52 AM
    Happy new diary, and good luck with your journey.

    Well done on ignoring the sales. I'm trying to stay clear too, don't actually need anything. It's fatal to even look isn't it?
    Originally posted by redofromstart
    Yes even looking is fatal! So easy to make yourself believe you really need something because it is in the sale!

    I know even if I look i will start making excuses to buy things, so I am just avoiding it full stop now.
    Total debt to pay: £14,071.41/ Remaining debt: £13,792.36: Amount Paid: £279.05

    Survey xmas 2018 savings: £10 / £150
    • laurag89
    • By laurag89 30th Dec 17, 9:41 PM
    • 662 Posts
    • 1,274 Thanks
    laurag89
    • #7
    • 30th Dec 17, 9:41 PM
    • #7
    • 30th Dec 17, 9:41 PM
    So today I have been a little lazy as not feeling to great! My lovely partner has passed me his cold and cough just in time for newyear.
    However on a positive note I have spent no money, and we are now having a quiet newyear tomorrow going out for a meal at the local Tandori. I know there is money involved with that but no where near the extent of going out and needing taxi's and paying entry etc!

    Today I cashed out a £10 Boots voucher on Valued Opinions, when that arrives I'm am going to start my Christmas 2018 saving stash!
    I also completed surveys on other sites, but still a while till I can cash out!

    So I am not usually one for making new years resolutions however this year I am:

    1. Stop Smoking (Tobacco). I do have a vapour thing which I know we don't exactly know if they are safe or not, but I am planning to move across to this and then move to 0% Nicotine to then stop. But from 1st Jan - No more tobacco!

    2. Add nothing to debt for the whole of 2018! Now this one will be hard, because the moment something goes wrong I think to put it on the credit card, but this need to stop. I will also aim to pay off all remaining money each other to the debt to bring down the total!
    Total debt to pay: £14,071.41/ Remaining debt: £13,792.36: Amount Paid: £279.05

    Survey xmas 2018 savings: £10 / £150
    • laurag89
    • By laurag89 30th Dec 17, 9:51 PM
    • 662 Posts
    • 1,274 Thanks
    laurag89
    • #8
    • 30th Dec 17, 9:51 PM
    • #8
    • 30th Dec 17, 9:51 PM
    I forgot to add that the adding nothing to debt is not including my wedding dress balance as explained in my first post - however this is covered by my second job.
    Total debt to pay: £14,071.41/ Remaining debt: £13,792.36: Amount Paid: £279.05

    Survey xmas 2018 savings: £10 / £150
    • ramblehan
    • By ramblehan 30th Dec 17, 9:52 PM
    • 435 Posts
    • 972 Thanks
    ramblehan
    • #9
    • 30th Dec 17, 9:52 PM
    • #9
    • 30th Dec 17, 9:52 PM
    Good luck - especially with giving up ciggies too. Just think not only will you be financially better off but much healthier too. Xx
    • laurag89
    • By laurag89 30th Dec 17, 9:58 PM
    • 662 Posts
    • 1,274 Thanks
    laurag89
    Thank you ramblehan! Happy Newyear to you!

    It is the one thing I really struggle with, well that and finances! But I am thinking if I track my progress with both on here it will keep me more focused.
    Total debt to pay: £14,071.41/ Remaining debt: £13,792.36: Amount Paid: £279.05

    Survey xmas 2018 savings: £10 / £150
    • laurag89
    • By laurag89 3rd Jan 18, 6:15 PM
    • 662 Posts
    • 1,274 Thanks
    laurag89
    Thought I would quickly update whilst i have a spare 5 mins.

    My £277 loan payment has gone out so i will be back to update my totals later!
    This weekend i plan to stick some unused items on ebay and other selling sites, and continue with my surveys!

    I am working my second job on sunday so that is more money towards my wedding dress!

    Three long weeks until next payday, january is such a long month to survive moneywise but i am just aiming to not use the credit card and i will be happy! Its an expensive montj too as i have the dentist and quite a few birthdays !
    Total debt to pay: £14,071.41/ Remaining debt: £13,792.36: Amount Paid: £279.05

    Survey xmas 2018 savings: £10 / £150
    • laurag89
    • By laurag89 4th Jan 18, 9:34 PM
    • 662 Posts
    • 1,274 Thanks
    laurag89
    Survey sites are a little slow at the moment! But I will keep trying!

    Totals update:
    Very : £247.87
    First Direct Loan: £10,272.68
    Lloyds Credit Card: £3271.81

    Total: £13,792.36

    I have a minimum payment due to lloyds of £32.72 this month which will bring the total down a little more, but I am going to look around the house this weekend for things I am not using to sell for more money to pay to this debt.

    I get paid 3 weeks tomorrow, and i will be £180 better off from my mortgage going down. I am going to pay £100 or it to Very and then save £80 because not having any buffer is what keeps setting me back.

    Both the lloyds credit card, and very are 0% but very finishes sooner. I plan to have this paid off by the end of February and I will then start to tackle Lloyds.
    Total debt to pay: £14,071.41/ Remaining debt: £13,792.36: Amount Paid: £279.05

    Survey xmas 2018 savings: £10 / £150
    • Choccygirl123
    • By Choccygirl123 4th Jan 18, 11:36 PM
    • 67 Posts
    • 76 Thanks
    Choccygirl123
    Just popped in to say well done, you’ve made a great start. I’m sure your beautiful dress is keeping you motivated. I need to find a second job, but hard around childcare abd hubby’s work. I don’t seem to have much luck with surveys ...which sites do you use?
    Want to join quidco? If you pm i'll send you a link that gives you a £7.50 credit on your account when you start using it.

    Want to try muscle foods for great quality meat at a brilliant price? use my referral code HL763847 to add a free item worth roughly £5 on your first delivery!
    • laurag89
    • By laurag89 5th Jan 18, 8:33 AM
    • 662 Posts
    • 1,274 Thanks
    laurag89
    Just popped in to say well done, youíve made a great start. Iím sure your beautiful dress is keeping you motivated. I need to find a second job, but hard around childcare abd hubbyís work. I donít seem to have much luck with surveys ...which sites do you use?
    Originally posted by Choccygirl123

    Thank you so much, i will get there but will just take time and motivation.
    So excited about my dress! I pick it up next saturday

    I use prolific academic and valued opinions mostly x
    Total debt to pay: £14,071.41/ Remaining debt: £13,792.36: Amount Paid: £279.05

    Survey xmas 2018 savings: £10 / £150
    • laurag89
    • By laurag89 5th Jan 18, 8:36 AM
    • 662 Posts
    • 1,274 Thanks
    laurag89
    Woohoo finally Friday!! I made it to the gym this morning beford work ! Third time this week. All wedding preparation.

    Hopjng for a NSD except for fuel! 3 weeks today until payday i wish it would hurry so i can make a payment to very x
    Total debt to pay: £14,071.41/ Remaining debt: £13,792.36: Amount Paid: £279.05

    Survey xmas 2018 savings: £10 / £150
    • Matt Jones
    • By Matt Jones 5th Jan 18, 9:19 AM
    • 12 Posts
    • 25 Thanks
    Matt Jones
    Congrats on the good start Laura! Hope you keep it up!
    • ramblehan
    • By ramblehan 5th Jan 18, 11:03 AM
    • 435 Posts
    • 972 Thanks
    ramblehan
    Well done on the NSD's. Having a buffer/emergency fund is so important so I think you are right to set some aside for that. Have you set yourself a target for your buffer?
    • laurag89
    • By laurag89 5th Jan 18, 2:01 PM
    • 662 Posts
    • 1,274 Thanks
    laurag89
    Congrats on the good start Laura! Hope you keep it up!
    Originally posted by Matt Jones
    Thank you Matt !
    Total debt to pay: £14,071.41/ Remaining debt: £13,792.36: Amount Paid: £279.05

    Survey xmas 2018 savings: £10 / £150
    • laurag89
    • By laurag89 5th Jan 18, 2:03 PM
    • 662 Posts
    • 1,274 Thanks
    laurag89
    Well done on the NSD's. Having a buffer/emergency fund is so important so I think you are right to set some aside for that. Have you set yourself a target for your buffer?
    Originally posted by ramblehan
    Thank you, I am trying my best.
    I am working to £1000 buffer just to prevent using credit for unexpected expenses, i think i will include buffer savings in my signature because that is an important thing.
    Total debt to pay: £14,071.41/ Remaining debt: £13,792.36: Amount Paid: £279.05

    Survey xmas 2018 savings: £10 / £150
    • laurag89
    • By laurag89 14th Jan 18, 6:57 PM
    • 662 Posts
    • 1,274 Thanks
    laurag89
    I have left it a little longer than planned to update this, but:

    I am continuing with the survey sites, and I collected my wedding dress yesterday! As previously mentioned I had to pay by credit card but - My Sunday job money is going straight to that so I am not going to include it as such, because I need to use my main money to pay off this other debt!

    I am going to focus on no spend days this week, and next week which will take me up till payday. Hoping to have £40 left in my account which I'm going to pay to my debts so cannot update too much before that - only my NSD'S and survey progress
    Total debt to pay: £14,071.41/ Remaining debt: £13,792.36: Amount Paid: £279.05

    Survey xmas 2018 savings: £10 / £150
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