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Thats another fine mess I got myself into

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  • Woowoo
    Woowoo Posts: 4,603 Forumite
    If you lived in Bristol I would come round with all my family and friends and buy lots of apple pies!

    It would be such a shame to have to give up the business, I'm sure it won't come to that x
    LBM Aug 09: £18,650.47 - Current: £12,854.93 (£5946.79)

    Barclays: £2,928.34 Lloyds: £2,499.60
    MBNA: £3,788.99 Overdraft: £1,900.00 Mum: £1,738.00

    Surveys: £6.60/£40.00
  • REDMADCURLS
    REDMADCURLS Posts: 3,766 Forumite
    Well as DH says, what else would he do!

    Just checking accounts and compared with last May business has doubled, just the same old story, debt eats up all we have but someday...........
    LBM Feb 2010 £62,700 Total Debt Jan 11 [STRIKE]£49,403.84[/STRIKE] £47,530.32.
    (CC/LOAN = [STRIKE]36,378.98[/STRIKE] 35668.47. O/D = [STRIKE]1255.32[/STRIKE] 1212.35/[STRIKE]1999.78[/STRIKE] 1934.52, BUS = [STRIKE]9769.76[/STRIKE] 8714.98)
    Challenge = Debt at 31/01/12 = £25k. 2011 Payments = £1,944.19/£24,403.84

    There is no point in negative thought, it takes up time and energy which could be used in a positive, happy way!
  • REDMADCURLS
    REDMADCURLS Posts: 3,766 Forumite
    Have just updated business accounts and have managed to pay £1680 off business debt which I am delighted with!

    See, like I keep telling everyone else, keep going it gets better, well you know what 'just for today' I will listen to my own words of wisdom.

    Of course, goes without saying once I worked this out, I was frantically compiling excel spreadsheets to see how quickley I could clear it all - LOL why can we never be happy with what we have achieved!!
    LBM Feb 2010 £62,700 Total Debt Jan 11 [STRIKE]£49,403.84[/STRIKE] £47,530.32.
    (CC/LOAN = [STRIKE]36,378.98[/STRIKE] 35668.47. O/D = [STRIKE]1255.32[/STRIKE] 1212.35/[STRIKE]1999.78[/STRIKE] 1934.52, BUS = [STRIKE]9769.76[/STRIKE] 8714.98)
    Challenge = Debt at 31/01/12 = £25k. 2011 Payments = £1,944.19/£24,403.84

    There is no point in negative thought, it takes up time and energy which could be used in a positive, happy way!
  • BEAT_THE_DEBT
    BEAT_THE_DEBT Posts: 2,219 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker PPI Party Pooper
    Hi Red i know how you feel i feel like that lots but like you i look forward breath deeply and carry on!
    40 legnths check diet low cal check lose weight no bloody check 2 pound on ahhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhxxxxxxxxx I know how you feel i feel your pain on weight loss and debtx
  • Woowoo
    Woowoo Posts: 4,603 Forumite
    Well done Red that's amazing, you only started tackling the business accounts a couple of months ago, that's great progress x
    LBM Aug 09: £18,650.47 - Current: £12,854.93 (£5946.79)

    Barclays: £2,928.34 Lloyds: £2,499.60
    MBNA: £3,788.99 Overdraft: £1,900.00 Mum: £1,738.00

    Surveys: £6.60/£40.00
  • BEAT_THE_DEBT
    BEAT_THE_DEBT Posts: 2,219 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker PPI Party Pooper
    oh also my friend had a cake company and sells to parts of the country via courier?x
  • REDMADCURLS
    REDMADCURLS Posts: 3,766 Forumite
    Woo I just started tackling business debt at end of April, it just feels like longer cuz I haven't stopped whinging about it!

    Courier from N Ireland to UK would not be economically viable - unfortunately but we are considering offering the service to catering companys and cafes/restaurants in the future when we have some cash to spare (we need to buy diff packaging and baking stuff as they require 'deep filled' pies. Bet you folk never knew pies were so technical!
    LBM Feb 2010 £62,700 Total Debt Jan 11 [STRIKE]£49,403.84[/STRIKE] £47,530.32.
    (CC/LOAN = [STRIKE]36,378.98[/STRIKE] 35668.47. O/D = [STRIKE]1255.32[/STRIKE] 1212.35/[STRIKE]1999.78[/STRIKE] 1934.52, BUS = [STRIKE]9769.76[/STRIKE] 8714.98)
    Challenge = Debt at 31/01/12 = £25k. 2011 Payments = £1,944.19/£24,403.84

    There is no point in negative thought, it takes up time and energy which could be used in a positive, happy way!
  • REDMADCURLS
    REDMADCURLS Posts: 3,766 Forumite
    2lb on BTD - throw the scales out the window!!!!!!!!!!!!!!

    I just gave up yesterday but am seriously considering returning to WW as that worked for me before and the Low Carb thing is very expensive to do!
    LBM Feb 2010 £62,700 Total Debt Jan 11 [STRIKE]£49,403.84[/STRIKE] £47,530.32.
    (CC/LOAN = [STRIKE]36,378.98[/STRIKE] 35668.47. O/D = [STRIKE]1255.32[/STRIKE] 1212.35/[STRIKE]1999.78[/STRIKE] 1934.52, BUS = [STRIKE]9769.76[/STRIKE] 8714.98)
    Challenge = Debt at 31/01/12 = £25k. 2011 Payments = £1,944.19/£24,403.84

    There is no point in negative thought, it takes up time and energy which could be used in a positive, happy way!
  • taxi73
    taxi73 Posts: 20,815 Forumite
    Go you on that business debt..you clever girl you....
    I require deep filled apple pies every time...yum..had apple pie in the cafe yesterday and I wonder why I'm not losing weight..lol
  • REDMADCURLS
    REDMADCURLS Posts: 3,766 Forumite
    LOL me too taxi - I love deep filled apple pies with cinnamon! Yum yum!

    I am in a good mood today - spent no monies and its the weekend and we are off on Monday - oh happy days

    I am also feeling like I am getting somewhere with Business monies and not robbing Peter to pay Paul, but rather asking Peter to give Paul a leg up for a few days!!
    LBM Feb 2010 £62,700 Total Debt Jan 11 [STRIKE]£49,403.84[/STRIKE] £47,530.32.
    (CC/LOAN = [STRIKE]36,378.98[/STRIKE] 35668.47. O/D = [STRIKE]1255.32[/STRIKE] 1212.35/[STRIKE]1999.78[/STRIKE] 1934.52, BUS = [STRIKE]9769.76[/STRIKE] 8714.98)
    Challenge = Debt at 31/01/12 = £25k. 2011 Payments = £1,944.19/£24,403.84

    There is no point in negative thought, it takes up time and energy which could be used in a positive, happy way!
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