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  • FIRST POST
    • mumofthetwins
    • By mumofthetwins 5th Feb 18, 9:25 PM
    • 922Posts
    • 3,912Thanks
    mumofthetwins
    Mega chuffed
    • #1
    • 5th Feb 18, 9:25 PM
    Mega chuffed 5th Feb 18 at 9:25 PM
    So I have been trying to bust some of my debt and I'm not doing to bad. Today I have managed to set up a spread sheet to keep track of all my incoming/outgoings debts and savings pots ...
    I am sooo not techy but loving it !
    I have it on my phone so will try 110% to track everything

    I just really had to tell someone

    Lisa x
    Last edited by mumofthetwins; 05-02-2018 at 9:29 PM.
    This time I'm sticking with it !!
    Feb £45.14/£300 7/10 NSD
Page 1
    • MP2609
    • By MP2609 5th Feb 18, 10:06 PM
    • 12 Posts
    • 32 Thanks
    MP2609
    • #2
    • 5th Feb 18, 10:06 PM
    • #2
    • 5th Feb 18, 10:06 PM
    Hi Lisa

    Well done on the setup, when do you reckon you will reach your first goal?

    • RhiBi
    • By RhiBi 5th Feb 18, 10:13 PM
    • 317 Posts
    • 1,129 Thanks
    RhiBi
    • #3
    • 5th Feb 18, 10:13 PM
    • #3
    • 5th Feb 18, 10:13 PM
    Well done! Spreadsheets are a foreign language to me !!!55357;!!!56834;
    Virtual Sealed Pot 2018 #7 £65.80/£250 Bring lunch to work February 10/15 NSD 04/12
    • savingholmes
    • By savingholmes 6th Feb 18, 7:35 AM
    • 8,837 Posts
    • 16,656 Thanks
    savingholmes
    • #4
    • 6th Feb 18, 7:35 AM
    • #4
    • 6th Feb 18, 7:35 AM
    Well done Lisa - I couldn't manage without my spreadsheet - it's the only thing that keeps me remotely on track.
    Today is a new day £1311/280 £10 a day Feb Challenge
    • enjoyyourshoes
    • By enjoyyourshoes 6th Feb 18, 7:51 AM
    • 1,034 Posts
    • 1,267 Thanks
    enjoyyourshoes
    • #5
    • 6th Feb 18, 7:51 AM
    • #5
    • 6th Feb 18, 7:51 AM
    Excellent

    Have you got one to cover all your medium term costs (annual,1/2&1/4 ly bills such as insurances, car related stuff, birthdays and xmas). From this you can work out how much you need to accrue every month (and a cash flow to see if it meets every month by month commitments) from your main bank account reconciliation spreadsheet?

    Get a spike to put all your receipts (withdrawals from main bank account on) and get into a routine with reconciliation.

    Good luck and well done
    Debt is a symptom, solve the problem.
    • mumofthetwins
    • By mumofthetwins 6th Feb 18, 10:04 AM
    • 922 Posts
    • 3,912 Thanks
    mumofthetwins
    • #6
    • 6th Feb 18, 10:04 AM
    • #6
    • 6th Feb 18, 10:04 AM
    Thanks Guys .. I think I should clear the first cc by April so fingers crossed.
    I have set up savings for each of my annual expenses such as car ins and car tax. I have also set one up for my boys guitar lessons which I block pay every 12 weeks.
    I do think it is going to be an eye opener as I have grocery spends, petrol spends and misc spends which all have running totals .. I have
    kept a written diary of the grocery spends before but I think this will help as those little pop outs can go straight on before I leave the store


    Lisa x
    This time I'm sticking with it !!
    Feb £45.14/£300 7/10 NSD
    • Nicosy
    • By Nicosy 6th Feb 18, 5:59 PM
    • 2 Posts
    • 1 Thanks
    Nicosy
    • #7
    • 6th Feb 18, 5:59 PM
    • #7
    • 6th Feb 18, 5:59 PM
    Well done OP! Know the feeling re not being techy so when you do take concrete steps (and they actually work) you get a sense of achievement like you've run a marathon.

    Keep it up!
    • datlex
    • By datlex 6th Feb 18, 11:03 PM
    • 1,548 Posts
    • 1,385 Thanks
    datlex
    • #8
    • 6th Feb 18, 11:03 PM
    • #8
    • 6th Feb 18, 11:03 PM
    Spreadsheet on phone is great. I have mine accessible by my phone. Makes keeping control of finances so much easier.
    • mumofthetwins
    • By mumofthetwins 7th Feb 18, 1:25 PM
    • 922 Posts
    • 3,912 Thanks
    mumofthetwins
    • #9
    • 7th Feb 18, 1:25 PM
    • #9
    • 7th Feb 18, 1:25 PM
    So first time using my spreadsheet on the go ..... last nights weekly shop all logged before I left the store
    Loving it ... just wish I had done it sooner !!!55357;!!!56841;
    I do honestly think this is going to help with my debt busting mission ..

    Lisa.
    This time I'm sticking with it !!
    Feb £45.14/£300 7/10 NSD
    • MP2609
    • By MP2609 7th Feb 18, 6:34 PM
    • 12 Posts
    • 32 Thanks
    MP2609
    Wow now that is commitment lol, well done i'm sure you will smash it !!

    You will be amazed how quickly you get through it
    • mumofthetwins
    • By mumofthetwins 8th Feb 18, 11:05 AM
    • 922 Posts
    • 3,912 Thanks
    mumofthetwins
    Thanks MP .. I just keep thinking the my boys will be at uni soon and I really need to bust the debts before then so I can help as much as possible

    Lisa x
    This time I'm sticking with it !!
    Feb £45.14/£300 7/10 NSD
    • MP2609
    • By MP2609 10th Feb 18, 9:34 PM
    • 12 Posts
    • 32 Thanks
    MP2609
    Well with the first CC looking to be done soon, that will definitely motivate you and should mean you knock at your other debts quicker than you think.

    Have you possibly thought about using a visual aid on the spreadsheet to motivate you along?
    • mumofthetwins
    • By mumofthetwins 10th Feb 18, 9:52 PM
    • 922 Posts
    • 3,912 Thanks
    mumofthetwins
    Thanks mp .. visual aid sounds fun but not sure how to go about it
    Lisa x
    This time I'm sticking with it !!
    Feb £45.14/£300 7/10 NSD
    • tessiesmummy
    • By tessiesmummy 10th Feb 18, 10:03 PM
    • 71 Posts
    • 61 Thanks
    tessiesmummy
    I had a spreadsheet a few years ago when budget was extremely tight. it did help me survive!! I've just started a new one to clear old debts!!! fingers crossed it's the way forward!! I love highlighting the box in yellow when something is paid!! that sense of satisfaction is great!!
    • MP2609
    • By MP2609 11th Feb 18, 7:48 AM
    • 12 Posts
    • 32 Thanks
    MP2609
    Hey Lisa

    No worries at all, it could just been visual aid outside of excel i.e something you make. It definitely helps a lot of people I know that.

    Best of luck !!!

    MP
    • mumofthetwins
    • By mumofthetwins 11th Feb 18, 12:24 PM
    • 922 Posts
    • 3,912 Thanks
    mumofthetwins
    Thanks mp ... I might give that a go today

    I can't believe how much more in control I feel with just the spread sheet

    Lisa x
    This time I'm sticking with it !!
    Feb £45.14/£300 7/10 NSD
    • MP2609
    • By MP2609 11th Feb 18, 8:19 PM
    • 12 Posts
    • 32 Thanks
    MP2609
    Hey Lisa

    It is amazing how something so simple can get you back in control of your money. Hope you keep us posted on how things go,I'm sure you will have that debt gone like lightening

    MP
    • mumofthetwins
    • By mumofthetwins 12th Feb 18, 9:50 AM
    • 922 Posts
    • 3,912 Thanks
    mumofthetwins
    thanks a million MP .. the support on here is fantastic and im sure when I get those burry my head days it will keep me on the straight and narrow
    Lisa x
    This time I'm sticking with it !!
    Feb £45.14/£300 7/10 NSD
    • MP2609
    • By MP2609 12th Feb 18, 7:38 PM
    • 12 Posts
    • 32 Thanks
    MP2609
    Hey Lisa

    No problem at all, always happy to help and message us if you ever need any help in the future

    MP
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