The "Pay ALL your debt off by Xmas 2012" challenge

hazelc56

kerri_dfw wrote: »

I didn't see that until just now, I'm shocked and appalled by it. I can't work out whether it's saying that being in debt is bad or good.

yes kerri its a bit confusing.I was intrigued by the list further down on the right hand side of it, the "Weekly Household Spending" I mean like how many of us are going to be using an hotel and restaurant every week or spend £58 on recreation and culture every week.Doesnt seem to ring true as the norm...either that or i am poorer than i thought.The survey was done by the "Office of Family Statistics".
Maybe we will get a better picture of it if we watch the program.
To me £40.000 for a family of 4 works out around £10.000 per person which is half of what i live on and they are querying if its enough.Its depressing to read stuff like that when a lot of us are living hand to mouth as it is.
A bit like Samantha Cameron's shoes yesterday being broadcasted all over the papers at £600.How totally sick considering how people are struggling these days.:(

antonia1

hazelc56 wrote: »

To me £40.000 for a family of 4 works out around £10.000 per person which is half of what i live on and they are querying if its enough.Its depressing to read stuff like that when a lot of us are living hand to mouth as it is.

To be fair, £40000 is actually take-home £25000 per year if it is one parent working, approximately £6250 per person per year for a family of 4. A lot more than some people have to survive on, but not exactly cushy, particularly if living in the London area.

My parents combined income is around £35000, and with a teenager at home, plus two uni students to try and support they don't have it easy, though its not as hard as when we were all at home. They're just about affording one UK holiday per year, change cars when the old ones totally give up and have strict budgets for food, clothes, presents etc.

recurrent-ostrich

Note to self: Do not "just pop" to Tesco for "a few bits" when starving as not had tea. Half an hour later I'm £23 down, but have a cupboard full of cake, chocolate, nice biscuits (ie choccie digestives as opposed to the Value plain deigestives I buy when I normally shop) and crisps.

jakes-mum

Helloooooooooooo all :wave:

Ive been to the M.E clinic today, and as its 45 mins away I have totally blown my challenge was out the house at 2pm didnt get back till 5 :eek: so much for 1 hr a day OK ive just worked it out and im £6.50 overdrawn on my challenge :rotfl: oh dear its just like my life! :rotfl:

Having a read of everyones info about hoarding etc, big hugs too all :grouphug: Im not a possession hoarder, Im a paperwork hoarder Went looking for info about a previous credit card (on the hope of claiming some PPI) and found credit card statements from 1997 :eek: insurance certificates from 2000 :eek: WHY do I have these things? I have a double electric chair to myself as no-one can sit on the other side due to all the paperwork ive piles there had a good sort through and wrenching throw away session yesterday as the bureau (or paperwork dumping ground) is on ebay and I STILL have paperwork next to me after going through it all!!

I love clearing out stuff on ebay though, I think im a minimalist at heart as I just dont buy 'stuff', im not a depression spender or a gadget junkie . . . Im a wife who cant say no as my DH is a 'stuff' person and gadget person rolled into one. Oh I just cant bear the 6 year old sad puppy eyes when he cant have what he wants. Though a big part of our debt is from my own stupid idea, he got diagnosed with depression, I dusted off my trusty CC and bought him a weeks holiday to make him feel better! It did relax him but I got left with the debt stresses

Choc-addict

recurrent-ostrich wrote: »

Note to self: Do not "just pop" to Tesco for "a few bits" when starving as not had tea. Half an hour later I'm £23 down, but have a cupboard full of cake, chocolate, nice biscuits (ie choccie digestives as opposed to the Value plain deigestives I buy when I normally shop) and crisps.

I know that feeling, although mine is normally the local coop! However we've just lost a car and i'm too lazy to walk the 10 min journey so just goes to show that I can go without :o:o

jenna2007

Hi, if you're still taking names please can you add me? I've worked out my credit card debts to be £7795 and want them gone by next Christmas. I need support and this seems like the ideal place

kerri_dfw

Choc-addict wrote: »

I know that feeling, although mine is normally the local coop! However we've just lost a car and i'm too lazy to walk the 10 min journey so just goes to show that I can go without :o:o

Have you looked in the last place you saw it?

<silly mood>

Hello jenna welcome aboard.

NSD for me today aiming for 10. Although booked a man with van for moving on Saturday (£60 but pay on saturday). Won't be on much this evening as OH is arriving, so hello to any new people, well done to all debt busters today, and I shall chat tomorrow *waves*

browng

Evening hope everyone is good?

Just a quick question from me. When i clear my credit card if i close the account does it really make your credit rating worse by doing this or is this nonense?

Apologies for asking but im a bit confused as i hear contradicatory stories on this. Thanks
Glen

jakes-mum

hi browng,

Umm ive never heard that before! Ive had pretty much every credit card going and have never seen it affect my credit score adversely. I thought only defaults and excessive searches reflected badly, im sure it says just says on your report 'closed' and your credit amount (as well as how many missed payments for how long).

kerri_dfw

Having too many credit cards open can be bad for you, as it's too much access to credit Martin says somewhere to close them if you don't use them can't remember the link now though =/