Debt Free - Let's do this!! Medical related!!

learning_to_drive

Not at all, I used to have a goal when I was with JS, just to be the very best every single day, because I wanted to do that job.

Now with tax office, I dont want to do it at all, its very boring and we could all be out of a job by March if the contracts dont get extended. I dont want that, as someone said on here, the job can get stressful, dealing with people who cant afford to pay money back.

I'm pleased that Ive managed to do my snowball calculator and get on top of my debts

So, with regard to that, I have a plan now to overpay on debts until the figures start to come down, what do I do about the extra income that I receive?

For example, I expect the overpayments on accounts to come out of my account once I transfer my salary to Natwest, that will allow me to start again effectively with only a £-150 overdraft. FD will get their overdraft paid off through other means be it their charges refunds or whatever.

What about the ebay? Matched betting? Amazon? Bank Charges? Where would that money go? Into my main account before being put towards the existing debts?

GettingThingsDone

Hey - glad you had your LBM by the way!

Now it looks like you're seeing solutions as well as the problems - see, there is a way out of the vicious circle, and you'll it work out.

Congrats on doing your snowballing - wish I'd done it at your age, I seriously think I'd be a millionaire by now. You're moving forwards. Whenever you're down, just remember, you can pick yourself up and move on, just give yourself that extra push - it's one-all in the 89th minute and you've got to summon that effort to get the ball up the field to score

What is it you want? Yes 'to be the best' at what you do, fine. But how will you know when you've got 'there', if you see what I mean. These are all stepping stones. If you don't like where you're working now, think about what you'd really like to be doing and then get as many extra relevant skills as you can where you are so you can make the transition.

beanielou

Is your car essential?
If not , depending on how much you have paid you could maybe hand it back & save yourself some serious money.
Why dont you also try to pay off the little mint card & thats one less to worry about?

learning_to_drive

Yeah definitely, the car is something up for review in the new year, once I've paid another payment off of it I can deal it back. Again it's up to them whether they accept it but it's something to look at. Certainly from a fiscal point of view.

These are all stepping stones

Incidentally is the name of ASDA's management scheme

I might sound sad / daft but I really enjoy retail, it works me out, and I lose my stress at work, I dont come home full of stress because Ive done a good honest days graft, at tax office everyone is so easy going its untrue, I hate it, I want to move on and up.

I will never ever reach my goal, you never do, it will move on as I get to where I want to be, I want to be the best in my field, CEO of ASDA? Moved across the pond to Walmart? I love the thrill of the trade, the people, the banter, and the money isn't too bad.

I'm a doing person, I love to do things and complete them and sort them out, I cant believe ive had my lightbulb moment! Doesn't seem real, but was absolutely necessary when I looked at the finances today and what I owed.

What would people advise with regards to budgeting? I want to pay as much off debts as possible, would it be wise to keep a spending diary first before I attempt any sort of budget? I dont know where them money goes as it is!!

Once something is paid off (Small mint card, £5 a month saved) would it be best practice to use that extra £5 and chuck it at the next debt? Similarly with the matched betting profits and ebay sales, chuck it at the first debt?

clarab_3

l_t_d I dont really ahve any great advice, but I just wanted to say how good it is to hear you sound so positive, isn't it weird how taking control is exciting??

GettingThingsDone

Well retail it is then! It's certainly neither sad nor daft - and why not the CEO?

"I will never ever reach my goal, you never do" - wrong. You are fully capable of reaching your goals - don't shift your goals higher until you reach the one you set. Celebrate to yourself when you achieve each goal along the way. Your ultimate goal might well be to be the CEO, but its unlikely you're going to get a phone call tomorrow telling you your up for the job. BUT you can go online and find out who the ASDA CEO is, how did they get where they got to? How did Sam Walmart get from where he started from to where he is now? What drove them on - what can you learn from them.

What lessons from retail can you bring into your current job? Visualise your future and it can come true - just be careful what you wish for! Remember, everybody has had their down moments - its just getting back on track is the important bit.

Anyway - I'm off to the pub. There are definitely people here much better at budgeting than I am!

Get rid of the car - get back into retail - get to the top!

learning_to_drive

Thanks It feels good actually to know what is going on, the sub total of the debts, the plan in which to pay them off, interest rates etc etc etc.

I think the job move is a good idea, at least I know how much I need to earn and how much that I have to earn to pay off creditors etc etc.

It's certainly feels better, I don't think that I will go back to the tax office, and that I will take some time until the new year to rest and chill out. The job doesn't matter to me, once I get in at ASDA I can start to plan my future again.

LookingAhead

Just have to say thanks to GettingsThingsDone for those fabulous motivational posts! Loved them.

Don't mean to hijack your thread though L_T_D.....good luck for 2007 and once you are back in retail, wanting to be best every day, that will be so good for you.

You know, there are so many people in this world who don't take any pride in their work and just muddle through.

It is not sad or daft - it is good and refreshing to hear you say what you say about your work.

Take pride in that and let that drive you on every day.

learning_to_drive

I love working hard, and grafting, hence why I feel retail is for me, Its worth pointing out I dont have a job at ASDA yet, assesment centre is 3rd January but they seemed keen to have me on board. with the experience I have etc.

I've just had a read of asda website and very positive it is too! I feel ready for the challenge should I get the job! Which I hope I do, certainly feel more in control of the finances, it's not that bad. I only never have money because of my poor management of the finances and basically "not having a goal" now I know (snowball) what I need to pay off each month to get the debt down it gives me a focus. The money that I pay off with snowballing is out of my income, it doesn't include any extra income, from Mystery shopping, quidco, matched betting etc etc etc.

That is going to go into another account so that I can manage that better and then decide where that funding goes. My plan is to get it off the credit card (small) and the HSBC overdraft, that way it's two relatively small debts out of the way (£44 / £99) and plus its a nice boost with money that is effectively for rubbish such as old clothes etc.

Im very happy,

Gemmzie

Glad to hear you're happy LTD

As for the work, one idea may be to work less hours and see if you can get WTC (working tax credit) due to your depression.