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Willsmum and the debt monster
Comments
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Great to read your diary
You're doing great 2010 is going to be such a good year for you, what with your new found approach to money and spending. Will need to try some non spending days myself soon! You should be so proud of yourself, every time you pay off some more of your debts your financial worth is increasing, way to go!whinge intr.v. whinged, whing·ing, whing·es Chiefly British To complain or protest, especially in an annoying or persistent manner.0 -
well done on the xmas presents for cash - that is fab!
Also great news on your BB win - it all helpsAchieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £171.8K Equity 36.37%
2) £2.6K Net savings after CCs 10/10/25
3) Mortgage neutral by 06/30 (AVC £27.9K + Lump Sums DB £4.6K + (25% of SIPP 1.25K) = 34/£127.5K target 26.6% 10/10/25
(If took bigger lump sum = 60.35K or 47.6%)
4) FI Age 60 income target £17.1/30K 57% (if mortgage and debts repaid - need more otherwise) (If bigger lump sum £15.8/30K 52.67%)
5) SIPP £5K updated 10/10/250 -
I think that will be my goal for next year, to have a "free" xmas by buying all my presents from winnings!0
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that's a good goal - and perfectly possiblecoldstreamalways wrote: »I think that will be my goal for next year, to have a "free" xmas by buying all my presents from winnings!Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £171.8K Equity 36.37%
2) £2.6K Net savings after CCs 10/10/25
3) Mortgage neutral by 06/30 (AVC £27.9K + Lump Sums DB £4.6K + (25% of SIPP 1.25K) = 34/£127.5K target 26.6% 10/10/25
(If took bigger lump sum = 60.35K or 47.6%)
4) FI Age 60 income target £17.1/30K 57% (if mortgage and debts repaid - need more otherwise) (If bigger lump sum £15.8/30K 52.67%)
5) SIPP £5K updated 10/10/250 -
Have been off the radar for the last few days as I am totally ashamed at the amount of money I managed to spend on Friday.
It started with £36 to have my hair done and then I blew the rest on the night out with work. The total came to about £80! :eek: I feel even more guilty because I had a fantastic time and just really let my hair down. Felt really bad about coming on here and announcing to you all just how naughty I had been
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Trying to redeem myself here a bit, but I don't have any more nights out planned so it is straight back to the debt busting! I thought I had £113 left in the bank this week, but then I remembered that I hadn't paid the mortgage arrears :mad: which means I am left with the grand total of £13 in the bank :eek:. At least everthing is paid for this week and I get paid again on Friday :j.
How has everyone else been lately? All behaving yourselves I hope!!
WM x xLBM: 10/07/08 Debt @ Highest (est.) £24,100:eek:Debt @ 31/03/2010 = £14,462.56
Personal Challenge 2010 No. 2 = £14,000 total debt @ 30/04/10 :think:£10k in 2010 No.20 £2,862.70 / £10,000 (28%) :T0 -
Hi - well at least you have been honest about it. learning the mse way takes time - we all fall occasionally - what is important is we dust ourselves off and try againAchieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £171.8K Equity 36.37%
2) £2.6K Net savings after CCs 10/10/25
3) Mortgage neutral by 06/30 (AVC £27.9K + Lump Sums DB £4.6K + (25% of SIPP 1.25K) = 34/£127.5K target 26.6% 10/10/25
(If took bigger lump sum = 60.35K or 47.6%)
4) FI Age 60 income target £17.1/30K 57% (if mortgage and debts repaid - need more otherwise) (If bigger lump sum £15.8/30K 52.67%)
5) SIPP £5K updated 10/10/250 -
Hey willsmum - well done so far, you're really inspiring! I'm also on the 10k in 2010 challenge, so I'll be watching your diary closely! really impressive how much you've been able to cut back, I need a page from your book...Mortgage free by 30:eek:: £28,000/£100,000
Debt free as of 1 October, 2010Taking my frugal life on the road!0 -
You're doing just fine, Willsmum: it's about being honest even when you have gone a bit OTT. Keep going! Please call me 'Pickle'
No More Buying Books: ???
No More Buying DVDs: ???
NMB Toiletries ??? and I've gone back for my Masters at the University of Use Ups!
Proud to be dealing with her debts 1198~
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You still have to enjoy yourself every now and then! Anyway, imagine how gutted you'd be if you'd spent that much and not enjoyed yourself!!!!!0
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Exceptionally good point coldstream, thanks for that:rotfl:
WM x xLBM: 10/07/08 Debt @ Highest (est.) £24,100:eek:Debt @ 31/03/2010 = £14,462.56
Personal Challenge 2010 No. 2 = £14,000 total debt @ 30/04/10 :think:£10k in 2010 No.20 £2,862.70 / £10,000 (28%) :T0
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