A Budgeteers Quest to be Debt Free & Mortgage Free By 40

jwil

DedicatedDFW wrote: »

Hey everyone

I've sort of been trying to do something towards being debt free every day and have decided i should pop a little update on here just to confirm what i have done So i will re-introduce

Money News :dance:

• i re-listed all my unsold 99p items
• i stocked up on a product that is pricey and we need it very regularly from shopping - it was half price so that was good and will continue to save me money over the long-term
• i enjoyed a reduced price item for tea rather than the £2.50 i was going to have to spend for what i *really, really* wanted
• i sold a few bits on the bay of e today from last weeks listing so thats good
• i have had some cashback track - now i just need them to start paying out - i'm waiting of over £100

Not too bad i don't think :cool:

Not bad at all

DedicatedDFW

Hi everyone

I didn't update last night with

Money News (yesterday)

Saved £28 on something i had to buy anyway so PADed this :T
Swagged
S*points

So not too much done really but its all about getting into the habit of little and often

Really feels like my debt is moving very slowly at the moment, albeit in the right direction. Think i'm going to cash in my massive £200 in savings and pay it off target 3 - if i do this on monday once the money comes through target 3 will then be my lowest outstanding balance.

So £1182 to go, less £200 savings = 982 to go, less £50 due in 2weeks = £932 to go, less £42 eb*y sales confirmed - hopeful of more but we will need to wait and see = £890 to go, OH owes me £2 = £888, less £100 usual payment = £788 [wanted to pay a bit more but trying not to leave myself short for hols] less £28 grocery savings *must be strict with myself* = £760...


I'm also due in the region of £200 cashback so obviously that will help once it pays out

Even so that still would leave me owing £560 :think: which with some oomph! i could clear in june - but i want to start on target 5 then :think: so i need to really get a wriggle on this month in order to stay anywhere near on target for being debt free by my birthday this year :eek:

So all of this means the answer must be to start selling more things - but what things ? i've hardly anything left as it is i may well complain about my wardrobe being full but i have no drawers for clothes to go in (no room for them) i've just got the 1 wardrobe that houses all coats and jackets as well as all clothes winter and summer and no sets of shelves in there either. Hmm... pondersome pondersome pondersome

DedicatedDFW

It may not sound terribly moneysaving but i cooked me and my fella a full english brekkie today

It was partly a compromise as i cannot afford for us to go out tomorrow - i could have used the £28 saved for this but wanted to pay it off debt (which OH does not know about ) So instead i made us brekkie.

I already had in the beans, toms and eggs and the sausages and bacon were reduced price or what i like to refer to as my little yellow stickers of happiness. All enjoyed with toast, coffee and juice A very nice start to the day it was too and the pots didn't take massively long to do either :cool:

I then spent some 'pretend' money today Basically my amaz*n vouchers The lovely flying fresian extremely generously sent me some card making supplies and has been giving me advice on materials etc. and i really wanted to make a start now that i'm feeling a little better - i've not been too well but don't want to post too much about it in case i'm identified by someone i know So i ordered a book from amaz*n - took a bit of time choosing but i'm happy with my choice and i then stumbled across another book about another crafty subject i'm very interested in so ordered that as well - i can actually combine that with the card making too I could stretch it a bit and say that its an investment for when i start selling my supplies but i hope that my creations are good enough

Continuing with all things crafty i also enquired about a sewing course - quite intense 2 full days it is and this should hopefully refresh my meagre sewing skills and i can hopefully get stuck in with some re-fashioning of clothes and making some from scratch too. I'll probably need more material for that though so it'll have to wait. The main thing is that i'll be saving money on all the trousers i have to pay to get altered etc.

DedicatedDFW

So i am back with a little update

After pondering away i know i need to raise more money to chuck at the debt, and then, in the longer term, throw at the mortgage :think:

I am missing my p/t work money Currently though it is the right thing for me and my health to just be doing 1 job. It is also giving me some time to apply for new jobs. There were no new jobs for me to apply for yesterday but i still feel better that i now have my cv ready to send off when required

So in an attempt to raise some much needed pennies i have challenged myself to list 10 newly listed items on the bay of e this weekend It doesn't sound loads but as i've listed everything possible already then it is a bit of a squeeze to do it :eek: So hopefully some more decluttering is afoot

DedicatedDFW

Money News :dance:

Got the £50 i mentioned earlier so PADed this :T
Had already done a little PAD for today too
Listed 5 newly listed items on the bay of e as part of my 10 items for the weekend
Swagged
S*points
Checked cashback

Things i could do better :think:

i spent £4 today - it was on crafty supplies - all the other supplies were bought with amaz*n vouchers but this was much cheaper for the cash Hmmm...

Need to think of more ways to get the moneys coming in

DedicatedDFW

Target 1 Start Balance 01/04/12 £1345

1, £1345 - 22.00 = 1323
2, £1323 - 27.00 = 1296
3, £1296 - 38.00 = 1258
4, £1258 - 25.00 = 1233
5, £1233 - 2.00 = 1231
6, £1231 - 2.00 = 1229
7, £1229 - 2.00 = 1227
8, £1227 - 6.00 = 1221
9, £1221 - 2.00 = 1219
10, £1219 - 2.00 = 1217
11, £1217 - 3.00 = 1214
12, £1214 - 2.00 = 1212
13, £1212 - 28.00 = 1184
14, £1184 - 52.00 = 1132
15, £1132 - 2.00 = 1130
16, £1130 - 17.00 = 1113
17, £1113 - 2.00 = 1111
18, £1111 - 2.00 = 1109
19, £1109 -
20,
21,
22,
23,
24,
25,
26,
27,
28,
29,
30,

jwil

You're doing really well :T Well done on the listings.

Yummy to cooked breakfasts too

ebayqueen_2

Hiya ddfw
Back safe and sound and absolutely wrecked. You are making me tired just reading your last few posts. Will catch up with your diary.
Take care

DedicatedDFW

jwil wrote: »

You're doing really well :T Well done on the listings.

Yummy to cooked breakfasts too

Thanks jwil although yesterday was a bit of a write off

ebayqueen wrote: »

Hiya ddfw
Back safe and sound and absolutely wrecked. You are making me tired just reading your last few posts. Will catch up with your diary.
Take care

Lovely to have you back ebayqueen - you'd be better off spending your time resting than catching up with my diary - i am sure you cannot have missed much - probably just me moaning about lack of money, how to find more money, how to get more money coming in, how much money do i owe, will i make debt free by my birthday... yep that'll probably sum it all up Although i guess it'll be perkier than this post - sorry hom i've just had a rotten few days and feel completely rotten too *But* you are brill - as is the lovely jwil and it is nice to have the support of you both too xx

DedicatedDFW

Sunday: Money News

Swagged
S*points