London Socialite Sees The Light

turbo.jet

My how facebook has changed dating! Now you can find out everything you need to know about someone before the 2nd date, including all embarrassing photos! haha.

I'm steeling myself for a trip to liddle in a moment. I need to do a cauldron of bolognaise tonight to allow some NSD's this week and I totally can't be @r5ed! I admire the way you seem to have kept up the motivation this whole time!

LondonGirl252

I know! Prefer the traditional phone call myself! Not sure it's a good thing he can now browse through all my photos... oh dear!!! He'll just think I'm horse mad!!

Ah do it, I bulk mine out with carrots or beans. Just whack it all in the pot then leave it to simmer! Thanks, I'm sure the next 2 months will show a kink in my determination but lets see!

LondonGirl252

Oh god, i feel sick.

I've just gotten out all my loan agreements to input into this snowball calculator. I've been doing all my sums based on the amount I wanted to borrow not the whole amount including interest. I actually owe £13,707.22 not £11,617.46.

I actually don't know what to write now. I'm so upset.

On the snowball calculator do I input the loan amount inc interest or the amount I requested? I think it works out interest itself yes?

Back to the drawing board....

LondonGirl252

Well, signature now updated.

New plan.

Interest on loans is fixed, therefore I'm better off paying the credit cards first - they have the highest rates anyway once 0% is over.
First to go has to be Halifax, unless I get approved for the 0% balance transfer. Going to apply for that now. Wish me luck.

At the point my share save scheme matures I will owe just under £3,500 if I pay off £410 pm, I aim to pay £650.

My share save is at least £3600 guaranteed on 01.04.2014 so as long as I follow the worst case scenario (without more credit obviously!) then I can use my share save to pay the balance and be debt free on that date.

We have bonuses every February, so hopefully each of those can be a nice snowball towards it all.

Pay rises are in April, so whatever I get extra will go towards debt

New aim is to be debt free before the share save date so I can have the whole £3,600 to myself. Anyone think that's do-able??? Depends on how much bonus we get - if we get one at all...

I guess I just have to remember I did good the last month, it was just a calculation error and I can keep it up and really look forward to that share save date and try my best to make sure I don't have to use any of that towards this horrid debt.

LivvyLoo_2

Hi,
Hope you don't mind me popping in, think the snowball calculates the interest on a monthly basis and the loan adds the interest to the amount borrowed. As, if you put in the amount you borrowed and over the time you borrowed it in the snowball calc it works it all out for you.

We get our bonus in April too, I can't wait for the day I have the whole lot to put towards something other than debt.

Good luck on your journey.

LondonGirl252

Hi,
Not at all the more the merrier, everyone welcome here:)

Thanks, I figured it was doing something like that, which is good but I have to pay all the interest even if I repay early so paying those off first won't benefit me in that way...

Ditto, that is what's keeping me going now...

Good luck!

LondonGirl252

Hey all,

So while I’m still a bit down about the latest realisation I am still motivated and even more determined to get this sorted.

I need to amend my signature again as it isn’t quite as bad as I thought due to my dates being mixed up on one loan so I have paid off more than I thought, but still not great.

I want to try and pay off £600 pm. This is quite high but on a really good month – totally do-able. Probably less so between now and xmas.

I noticed my payslip was slightly less this month than last and just had an email through saying it was a payroll error so I’m getting the difference on Friday, not much but every little helps.

Went for my friends/colleagues birthday lunch today. Was really tempted to cancel and save the money but she would have been disappointed but we used a BOGOF voucher and I spent £15, £10 was the daily spends and £5 was from my pound pot so that’s not too bad.

Need to withdraw my £70 for the week ahead today.

Worked out I should be able to pay an extra £80 off my Halifax c card this month so tonight I will write out the cheque for that and pay it in tomorrow.

I need to look into the 0% bal tfr’s more and work out the best one and one I’m most likely to get accepted for.

Horace

Sorry for the hijack - the storage thing is because my parents have suggested that to save money on rent, I move back in with them...heck I am 50 next month but it is an option to move back temporarily. Need to sort out a separation agreement too so that I can get a divorce and will need a place to store the furniture that I have in that that home (furniture that belongs to me that has been in my family for generations). They have said that if the divorce is sorted out then they will buy me a small house to live in that I can sell at a later date because my childhood home belongs to me anyway.

My worst credit card debt is being paid off over 2 months by my mum, she gave me a cheque for £2K on Sunday which I posted yesterday and she will give me another one next month for £2K but I may ask her to include the additional £115.26 and that way it is cleared permanently. The card has been cancelled anyway. I never realised how much my parents cared (we don't always see eye to eye) but because I broke down on the phone to mum last month, she and dad went shopping at the weekend and made a food parcel for me:

1 bag of frozen chicken breasts (Morrisons ones but mum had asked a neighbour for a recommendation)
1 pack of frozen stewing steak
1 pack of frozen mince
1 bottle of passata
1 carton chopped tomatoes with onion & basil
1 tin of tomatoes
1 tin of peaches (Aldi)
1 pack of dumpling mix
1 block of cheese
half a dozen free range eggs
1 pack of pasta spirals
4 bananas
4 carrots
1 lamb steak (cut from joint that she had)
I also came home with a litre of diet lemonade
2lbs Laxton apples
2lbs Comice pears
2lbs Conference pears
1 bag frozen comice pears stewed
12 Cushelle toilet rolls

She also put together a box of cakes: 2 home made scones, 2 maiden tarts (jam tarts with sponge on top) and 1 mincepie - all homemade.

The apples and pears were picked from the garden - mum and I spent an age picking. They also gave me £150 to buy petrol and get my hair done. I shall stew the pears in the lemonade with a sprinkle of sugar (my grandma's recipe) - they are great served with ice cream (mum recommends Aldi vanilla soft scoop at 99p)

Yesterday I bought milk and got 2 loaves from the whoopsie shelf. All I need do now is buy milk occasionally and then I can live from my store cupboard and freezer. Folks that know me know how hard I find it to ask for help let alone accept help from my parents.

Sorry for the hijack LG, now you know.

turbo.jet

Wow, what a heart-warming story!

LondonGirl252

That's so nice of them Horace, parents are awesome...