My Debt-Free-Wannabe Diary

DontDoDebtKids

£15.13 received from Rpoints and sent to Cap One as well as monthly DD payments made to Egg and Capital One so updated debt is:

Debt Totals

Egg: £6659.42
Capital One: £3021.56
Lloyds: £1986.28
Amex: £6123.16

Total: £17,790.42

DontDoDebtKids

Reached the end of my first spending diary (and my first month of REALLY monitoring my spending). :j

This week I spent £111.10, mostly it seems on two "want" items - a second hand minidisc stereo for my car and a 40Gb online backup service for my PC.

I also spent £345.77 on expenses, which I have claimed back already and should see in my bank account in a week or two.

Spending Summary

Petrol: £40.50
Lunches at work: £3.60
New Stereo for car: £20
Online Backup Service (2yrs): £47

Total: £111.10

DontDoDebtKids

So, my spending for the first month of having a spending diary is as follows:

Week #1: £444.18
Week #2: £98.35
Week #3: £100.73
Week #4: £100.30
Week #5: £111.10

Total: £854.58 :mad: (£181.91 over budget)

Spending Summary

Petrol £166.61
Lunches at work £16.35
Going out £178.10
Wedding Present £5.00
Car Rental: £39.05
Forex: £50
Snacks & Mag at airport: £8.55
Stereo for car: £20
Online Backup Service (2yrs): £47
Plane Tickets : £306.80
Bike Speedo Battery : £2.20
Car Permit: £15.00

Total: £854.66 (urm...)

Plan for next month

As I overspent by £181.91, that means I only have £672.67-£181.91=£490.76 to spend this month. That's £122.69 a week as there are only 4 weeks this time round. I managed that 4 times out of 5 last month so here goes...:rotfl:

DontDoDebtKids

Direct debit for Texaco/LLoyds taken for £40 today.

Debt Totals

Egg: £6659.42
Capital One: £3021.56
Lloyds: £1946.28
Amex: £6123.16

Total: £17,750.42

DontDoDebtKids

Made use of my bank holiday to list some stuff on ebay, including my new phone, which I don't really need as my old one I used before I upgraded did everything I wanted it to do.

Hopefully lots of lovely ebay people will bid on my stuff! I've had a few questions already so that's a good sign.

DontDoDebtKids

Statement for Amex came in the post yesterday.

Debt Totals

Egg: £6659.42
Capital One: £3021.56
Lloyds: £1946.28
Amex: £5987.88

Total: £17,615.14

DontDoDebtKids

I'm actually looking forward :rolleyes2 to receiving my Capital One statement to check how much I have to pay off.

I've got £626.60 in my bank account at the moment, earmarked for Cap1
I am expecting £32.00 from Quidco and at least £654.14 in rental income, also earmarked for Cap1.

That leaves £1,708.82 to pay off.

Now, I have a £500 interest free overdraft on my HSBC account so I could use that if I am getting close to the interest charging period on Capital One.

That leaves £1,208.82 to pay off before October!!!

:think: I'll have to get thinking...

DontDoDebtKids

Nobody has bid on any of my already listed stuff yet

I was having a clear out last night and have a few more things to sell - some DVDs and a Gameboy Advance (plus some games). Should try to list these over the weekend.

Verbatim

Just seen your thread and read it thro'. What energy and determination. Well done.

DontDoDebtKids

Thanks Verbatim - always glad that someone reads my thread - I've not had many comments since my telling off for going out three times in a week and blowing £80 so I must be doing OK

Spending Diary

An extremely good week for no-spend days (four) this week, including a no-spend weekend. Wow. Total spend was £106.74, mainly caused by filling up the car and a trip to....IKEA!!!

NB Ikea charge 5p :eek: per carrier bag, should anyone plan to shop there any time soon, and also for using a credit card. So I used my Tesco carrier bag stash (at Tesco you earn 1 clubcard point (= 1p) for every carrier bag that you re-use instead of taking a new one) instead and saved about 50p!!! Oh, and used a debit card of course.

My girlfriend has said she will split the cost of the IKEA trip as it was for "house stuff" but she bought some more stuff from B&Q on Saturday (£18ish) and I owe her £15 (apparently!) anyway.

On to the details...

Spending Breakdown

Lunches & Snacks at work = £2.50
Petrol = £40.99
Ikea trip = £63.25

Total = £106.74