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Update - Feeling Much Happier Now
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tesuhoha
Posts: 17,971 Forumite
Since I originally came on here and got kicked up the backside by you lot, I have sorted out quite a lot. I have sold loads of stuff on ebay and paid off the overdraft and the debt has gone down by about £1000 in spite of having problems with OH van, dental bills and paying for son's exams. I have saved up some money for our move and I am paying over £1000 off the debts this month. The boat is going to be put up for sale next week so that will help. There is only one more payment of the school fees to go (hooray) and that is the end of it. I have had a long chat with OH. I put it to him that we move into rented accomodation and pay off all our debts and we sat down and went through all the figures but finally came to the conclusion that it would be more cost effective to go ahead with the purchase of the house we are buying. We are buying it at £205,000 but it has the potential to be worth £300,000. The area is very central and prices are still going up here.He works in the building trade and he says theres a mini boom going on at the moment, everything is sold before it is built, probably because of the sellers pack that is coming out next year. He doesnt think that house prices are going to go down here at all. If we rented we would be paying about £700-£800 and the mortgage is only £150 more and next June we can remortgage anyway.
Also our mortgage is over 10 years so it will be paid off sooner. We are going to try to keep all the debts at 0% and once we move (should be in the next few weeks) we are going to try to pay it all off in a year. So wish me luck!
Also our mortgage is over 10 years so it will be paid off sooner. We are going to try to keep all the debts at 0% and once we move (should be in the next few weeks) we are going to try to pay it all off in a year. So wish me luck!
The forest would be very silent if no birds sang except for the birds that sang the best
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Good luck! And I am so glad you are feeling happier. You've done well to pay £1000 off debts....keep the momentum going!
I love this site for inspiration - looks like you do too (and rightly so!).
Bank Balance: In the black for the moment.
Sainsburys Loan: Cleared July 2010
Credit cards: AMEX Airmiles Card: direct debit set to clear balance monthly
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Well done Tesuhoha
I read your earlier thread and I'm glad you're feeling better.The early bird gets the worm but the second mouse gets the cheese :cool:0 -
Tesuhoha
glad you are feeling happier today & that you are so motivated
hope that the move goes well-keep your eye on that ball!!I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
One debt remaining. Home improvement loan.0 -
Good news...just keep plugging away at it.. Great that you & DH on the same page too...Nerd no 109 Long haulers supporters DFW #1! Even in the darkest moments, love and hope are always possible.0
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Glad to see that you're feeling more positive - you've done so well so far! Hope the move goes well and isn't so stressful
Sea xxCCCS DMP:Feb 07
Total:£37,016.47 now £0 DEBT FREE FEB 14
2022 Decluttering Campaign 49/10110 -
All the Best. I wish everthing will go as per your plan.
saverramTarget : to Live on 4k for 20080 -
Well done on the progress and keep it up - remember that old habits die hard (but they always die in the end)...Personal ISA Contributions Challenge - current £0 (as at 1 April 2014) / target £15,000 (deadline 31 Mar 2015)0
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Its great to see you feeling so much better, i know the last few weeks have been a bit stressful.
You are doing so well with your debts so keep it going.
Good luck with the move, fingers crossed eveything goes as smoothly as possible for you.Success means having to worry about every thing in the world......EXCEPT MONEY. Johnny Cash
Cross stitch Cafe member 81.0 -
Its not luck you need - you have everything you need, good old common sense, understanding, good advice for others and discipline... Well done on getting this far and im pleased to hear you sounding much more positive :jExperience is the toughest teacher because she gives the test first then the lesson
DFW Nerd 196 PROUD TO BE DEALING WITH MY DEBTS.
Coins found whilst dog walking £7.56 Sun-Fri challenge: £10.00 - Spent £0.000 -
wow you are doing really well - an inspiration to us all :cool: Official DFW Nerd Club Member #37 Debt free Feb 07 :cool:0
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