I lost it all! Fell off the wagon!

pollyanna24

Somewhere above, you said your debt wasn't major. Just think of it this way; you'd have to work a full year with no pay in order to pay it all off. Does that put it into perspective?

lazy&indebt

That settles it then, I shall phone Egg and cancel my card.

Hey Kev! Thank you for your kind words. Like you say, everyone is different and some people can handle depriving themselves, I unfortunately can't. I could try but I know I'll end up falling off the wagon again! So my philosophy will be "spend a little, save a little" or...pay a little off my debt anyway!

I think that the other problem was also that I was putting all spare cash into my ISA to pay off my debt, while this made sense with regard to earning interest as I wasn't incurring iterest on any of my debt, it also made it easier to fall off the wagon. If I'd have paid all that cash off of my card rather than putting it into a savings account, I know I wouldn't have spent it and I definitely wouldn't have spent on my credit cards again!

lazy&indebt

pollyanna24 wrote:

Somewhere above, you said your debt wasn't major. Just think of it this way; you'd have to work a full year with no pay in order to pay it all off. Does that put it into perspective?

When I say my debt isn't major, I mean compared to a lot of people's in the sense that I definitely don't struggle to make the payments, and I manage to live comfortably. Luckily for me, I found this site before I got into dire straights! I am in fact in more debt than most of my friends, which is ironic as I am better with my money! If that makes sense?!

lynzpower

I think that the other problem was also that I was putting all spare cash into my ISA to pay off my debt, while this made sense with regard to earning interest as I wasn't incurring iterest on any of my debt, it also made it easier to fall off the wagon. If I'd have paid all that cash off of my card rather than putting it into a savings account, I know I wouldn't have spent it and I definitely wouldn't have spent on my credit cards again!

I couldnt agree more about this. Every time I see it mentioned on here I always think, god I dont think I could do that.

Although im good at paying debt off and not accruiing it, savings burn a hole for me ( which is why Ive never had any !!!!)

unless you used some sport of regualr saver where you cant phyiscally get the money out, or you need 10 days written notice type thing ( post office accounts used to be like this, dont know whats similar these days)

personally where saving is concerned we have some in premium bonds ( engagement money from rellies and some Xmas money to be added) we know we wont be able to fritter once they are tied up in P bonds. Whether they win or not is almost immeterial, although interest earnign they aint! ( still hoping for the big win!)

Smashing

lazy&indebt wrote:

When I say my debt isn't major, I mean compared to a lot of people's in the sense that I definitely don't struggle to make the payments, and I manage to live comfortably.

It was the same story for a lot of people who comes here - unfortunately, you can't prepare for every eventuality. Not to get all doom and gloom, but it's all very well in theory, especially when the repayments etc. are in the future rather than the here and now.

It's great to have a goal (and a plan!) but don't let that cause you to lose sight of the present.

Basically, get on and get that stuff on Ebay.

lazy&indebt

Well, I've just phoned my local college and they have emailed me through a price list for the salon and I nearly fell over when I saw it!

I can have a dry trim (which I am indesperate need of) for £3.50 (if I go for the lesser skilled students) has anyone had a level 2 first year cut their hair and if so, was it any good?

I can also have a semi put on for £8...this price is for long hair and I always have to buy two boxes of dye if I do it myself, which comes to more than £8. Plus, if someone else does it, I'm sure it'll turn out better than when I do it.

I'm thinking of going for a half leg wax first though at the bargain price of £6...this can't go wrong, can it?

And for special occasions, one full body st tropez tan for a tenner... not really a fan of fake ten but at that price!!!

Has anyone else used their local college beauty salon?

rlm_3

Hi Lazy :hello: Some really good points above. Also in your SOA you mention your rent doesn't include gas so don't forget to add that to you outgoings.

lazy&indebt

Cheers rlm! I forgot! To be fair, I have to buy put a gas canister thing but it costs me £11 and lasts for 3 months so it's not too bad!

HazelEyes_3

lazy&indebt wrote:

Ok, I will have to be honest and tell you that I'm going to cheat a little here by puttnig my to do list from 2 days ago, which means I have already completed one or two tasks!

1. Ring O2 and enquire as to why my discount had not been applied to my tariff?
- I rand O2, they did indeed promise me a £15 per month discount as an incentive to stay with them (threaten to move to 3 and you're laughing...) and as my bills were coming in at £50, I decided to check my online account and lo and behold, they'd forgotten to apply it. The nice scottish lady on the phone subsequently refunded £30 and applied the discount to my tariff, result!

2. List 3 items on eBay before Sunday
- Still working on this one, ok so I haven't done anything about it!! I will be listing my old mobile (along with a blue tooth headset) a george forman grill, and a rather posh toaster.

3. Phone up Egg, cancel card.
- Haven't done this one yet as I'm not completely decided on whether it's the best course of action...opinions greatly appreciated.

4. Phone up individual companies and find out how much (to the penny) is owed.
- I have done this! I ave also found out that in November of this year, I should be able to hand my little peugeot back to the HP company and walk away with nothing to pay. Trying to decide whether or not this is a good idea.


So, these are my present goals. I will hopefully not be tooo lazy to keep coming back and updating!

Have you checked what you would get for your phone on envirofone? Ebay may be better but the price isn't guaranteed and then there are the charges, postage etc.

Good luck with your new resolutions. We are all different but I know I couldn't work to an unrealistic budget for long before "falling off the DFW wagon". My weekly spending budget includes a small amount for socialising, treats etc. If I don't spend it all I put it in a piggy bank which I then raid when needed.

lazy&indebt

Hello Hazel!
I checked on Envirofone and my phone wasn't listed on there! It's a Samsung s500i or something to that effect!

I definitely have to budget for socialising and treats like you say otherwise it just wouldn't happen!