Mrs. P's Diary

MrsPorridge

Tuesday

Well we had a letter from one of DH's pension companies with a forecast and I have posted it on the pension forum on here because I just don't understand a word of it! The long and short of it is - we can take a lump sum and a lower pension each month from now on or wait till 2016. My view is TAKE IT NOW. However, want to know what the impact will be if we do that for us in 2016.

Paid £!50 off the Egg card today.

Still managing to stick to diet by the skin of my teeth.

Managed an NSD on Sunday, Monday and today.:j:j There must be something wrong with me - three days in a row.:rotfl:

Made just under £10 on Ebay.:j

Still not gone into overdraft and won't this month.:j

MrsPorridge

Wednesday

NO NSD today as had to buy petrol.

Made lunches ready for tomorrow

Hung some washing out

Just paid the term fees for DS' street dance class - £64.40.

MrsPorridge

Haven't updated for a while.

A few things have happened. DH and I have decided to take one of his pensions early as of 1st November. We are taking it as a lump sum and then the pension per month. The lump sum will pay off all the CC debt and leave us with enough to put into some savings. We can then add to those savings and start to pay off one of the loans.

I have just done an SOA based on my budget without any CCs to pay and am absolutely amazed at the extra amount of money we have left over. This fact alone is my deterrent for never, ever using a CC again. Once the money has been paid over and I have paid the debts off then all the CCs will be cut into little pieces.

We know we will lose some money taking the pension early but have decided the benefits of paying off some debt far outweigh that. In fact we are probably losing more paying out in interest.

I will still be on this site all the time and will be attacking more of our debt. I have learnt my lesson - well and truely - even though its taken me over 20 years to do so.

Regarding my weight I have managed to lose a lb so I suppose that is better than nothing!

buddiebabe

Hey MrsP that's great news about the pension and the credit cards. It will be like a weights been lifted off your shoulders knowing that you'll be able to pay them off. Im so pleased for you.

Good news about the weight loss too

Buddiebabe x

MrsPorridge

Thanks so much Buddibabe - still not sure if its the right thing to do, but its certainly the right thing for us to do now. How stupid we were to get into so much debt. CCs have been the bane of my life for many years.

Once that's gone I can start to think about two consolidation loans I took out - both of them to pay off CCs many years ago!

I think once I get this sorted then hopefully I can turn my attention to my weight (that's also been the bane of my life for the last 10 years)!!!!

Money_Fritter

Hi MrsP,

Thats great news. I cant wait to get rid of my CC's. And like you I am never using them again.

Hopefully you can get your loans payed off a lot quicked now.:j

Well done

Money Fritter

MrsPorridge

For the first time ever I went into Tescos with a shopping list with 3 items on it: pitta bread, milk and local paper and guess what? I came out with only those 3 items.:j:j This has never, ever happened to me before! I was tempted by chocolate but I said "NO". I even picked up a treacle sponge pudding (my fave), but as it was £1.24 and then I would have had to buy clotted cream to go with it, I put it down again - I am so pleased with myself.:j

MrsPorridge

Monday

We were supposed to have slow cooker meal tonight, but the veggies were still like concrete - they are still cooking and I will make a soup with them. The meat was cooked (three little steaky things), so they have gone into the freezer and will be used in a stir fry. We ended up having egg and chips instead - with baked beans. Actually its one of our favourite meals so alls well that ends well.

I haven't weighed myself this weekend as I was too scared to do so. I will try and get back on track this week and weigh on Friday morning.

Today I have paid off £50 off one of the CCs. Tomorrow another £80 will go out by DD on another one.

I have put aside the money for the heating oil, bike service and I have also started a small savings account for a holiday next year.

Today I had an NSD.

Lunches are ready and packed in the fridge for tomorrow.

I am due to do my big monthly shop on Saturday. I still have quite a bit of food left over from last time (no idea why), but I'm certainly not complaining. Actually I think it might be a build up over several months. If I end up spending less than I have budgetted for then the extra will go off the CCs.

MrsPorridge

Tuesday

Am a bit worried as the company have not yet received DH's pension paperwork. The lady was very helpful and said as long as it was dated September then it should still be OK to pay at the beginning of November. It must be stuck somewhere with the postal strike.

Got to get the two new tyres for my car now - cost is £120 each not for the two.:eek: Still it is worth it as they are run flats and will give me peace of mind when I'm driving down our twisty narrow country lanes - especially as the dark nights are a-coming.

I'm counting today as an NSD even though I had to buy diesel. I have to buy diesel each week so count it as a bill payment.

buddiebabe

Hey Mrs P sorry i've not popped in lately glad to see you've managed to get some savings started for the things that normally end up costing a fortune.... its good to not have to fork out all the money at the same time.

Not good news about the tyres thats soooooooooo expensive but your right peace of mind and safety when your driving the car is more important than worrying about money!

Hope you have a good weigh in on Friday

Buddiebabe x