I'm tackling my debts in 2010

emmie26

As the title suggests I have had a brilliant weekend, the weather was good I have seen lots of good friends and feel its been very productive (have increased my debt massively though)

Friday night I went to a quiz night at the childrens school with some of the other mums it was free apart from £2 spent on raffle tickets and £4 spent on a bottle of wine, as one of the other mums brought the ticket which was £5 and we all just brought some cheese and crackers from home to eat, it was a really brilliant night we got pleasantly tipsy and had a real good time. I was really in need of a good night out socialising as well.
Saturday I did an extra shift as work in the morning :A
In the afternoon I invited a good friend round with her children for a bbq which was again lovely and good for the soul.

Sunday we went to dfs in the morning and brought a new sofa for our new living room, we have 4 years interest free payment the first year payment free, we will then be paying £70, I know I should feel guilty but I really don't it was a necessity the cushions on the old ones have started to split and spill there contents out so it really needs to go the the sofa shop in the sky. I was tempted not to put this on the forum as I am not counting this money in my debt as we will not start paying for it until next june by which time we will be debt free

Afterward we went to the gym swimming which was brilliant, we then came home and played in the garden and then went for a walk to a nearby lake and play area. This weather really is the best I hope that it stays around a little longer.

A consequence of this hectic weekend is a really untidy house so I must now go and tidy up.

Herewego

Glad you have had a good weekend you were well overdue some fun.Opps on the sofa but as you say you will be debt free when the payments start and at least it will give you something to aim for.
I hope the weather stays a bit longer too as it makes everyone happier

emmie26

Thankyou for going easy on me herewego, i really was expecting a major dressing down, but I still do not feel guity about the purchase in fact I am just really excited for it to arrive, gutted I have to wait ten weeks.

Had a really busy day at work today so was exhausted when I got in so did hardly any housework just the essentials, I really need to have a massive tidy up tomorrow evening, I've been working 6 day weeks for the past three weeks and it is really beginning to take its toll on the house. Looking forward to pay day though, hubby's is tomorrow and should include his bonus (fingers crossed he hands it over for debt repayments) and mine is on wednesday and should include three extra shifts so about £200 more than normal. Next month should be even better because of the two bank holidays and 3 extra shifts I have done. Hopefully I should get my p60 through soon as well because I want to get my tax rebate as soon as possible, with all this hard work and lack of spending I really think that I will be debt free by the end of the year I am so excited :j

InaPickle

emmie26 wrote: »

...I want to get my tax rebate as soon as possible

I already sent off for mine :A, but I bet is will take ages to arrive.

Oh Emmie, you really make me laugh. It's a wonder that in all your sofa-related small print that youdidn'trunallyourwordsintoeachothertomakethemhardertodiscernonefromtheotherwhileyouwereconfessingtoyourspendingsins.


And no, you did well to include them in your 'spent' box, even though you don't start paying it back for a year: we don't want you having unexpected outgoings once you get yourself debt free now do we?

Of course, this new sofa means you have had had to reconsider the uber-expensive fire and perhaps delay the flooring and curtains in order to get debt free in time to pay for the sofa, right?

(I'm a fine one to talk: I have literally no money left over this month and I spent £25 on virus protection today (necessary, but...) and went for a curry with my workmates who bullied me into it last night. )

Radish72

Hooray for fun
Hooray for new sofa (when it arrives), will you not miss the old one:rotfl:

Loved the tiny text when describing what you have done, but as you say "you will be debt free when it requires paying and you will have you £100/month DIY money to make the payments"

Once you are out of debt, you need to enjoy the freedom to do with your money what you want, and the best feeling is not paying banks interest/overdraft payments

You both work hard to earn all those £'s so finger wagging will start next year if still in debt/paying for sofa :rotfl:

I think in the last 2 weekends BF and I have spent about £200 on eating out in restaurants. 1 weekend for friends birthday and this weekend get together at beer festival

emmie26

Pickle that took me ages to read it is definitely going to be my new way of sharing non mse behaviour on here (not that I'm planning bad behaviour);) virus protection is surely a necessity and is a tiny fraction (too tiny for me to work out at this hour) of what I spent on a new settee.

Radish you are completely entitled to spent as much as you choose on eating out as you are far from being in debt and a little treat once in a while is needed for the soul, as long as you had a good time then it is money well spent

InaPickle

emmie26 wrote: »

Pickle that took me ages to read it is definitely going to be my new way of sharing non mse behaviour on here (not that I'm planning bad behaviour);) virus protection is surely a necessity and is a tiny fraction (too tiny for me to work out at this hour) of what I spent on a new settee.

Yeah, but you got your settee on finance and not kicking for a year, not the most skint month in your existence. They don't do that for virus protection, I'm afraid!

As for Radish, when I'm debt free I'm going to be known as Miss Manchester Michelin!

emmie26

May Summary

Despite my many confessions during this month it has been a really good month debt repayment wise I'm really excited to tot up all the figures (what a contrast from last month)

Overdraft 1 [STRIKE]£306[/STRIKE] £120
Overdraft 2 [STRIKE]£600[/STRIKE] £0:j
Santander [STRIKE]£2,558[/STRIKE] £1,898
Car Loan [STRIKE]£748[/STRIKE] £610
Barclaycard [STRIKE]£4,802[/STRIKE] £4,702

Total Debt £7,330

Amount Debt Reduced £1,684

Amount of debt paid off in 2010 £5,320

Now first of all I need to explain the high amount this month, my hubby was only ever overdrawn for 1 maybe 2 days per month as his standing order for the joint account came out just before he got paid (in order to cover the mortgage payment) we have now remidied this by changing the account he is paid into, hence crossing off his overdraft. In other words we are really back to our normal amount of debt repayment after last months disasterous effort. Hope we can keep it up over the next couple of months and I don't get lured in by the nice shiny dining tables which seem to be jumping out at me everywhere I go :rotfl:
I really want to get rid of my overdraft next month once and for all cause then we only have three debts on the go and with hubby's bonus (should he hand it all over) and my tax rebate the Santander card should be history :j

InaPickle

Woo hoo, Emmie! :j

That's great stuff: one down, five to go.

Also, YOU ARE NOT HAVING A DINING TABLE (yet )!

Print out the above figures and stick them in a few pertient places around the house to remind you why you are doing this.

Radish72

What a brillant month May has been for you all

Goal for next month - debt repaid will be bigger than debt left, which means a repayment of over £1011 (if my brain is working correctly)

And I agree

YOU ARE NOT HAVING A DINING TABLE