An ongoing, honest conversation with myself

2ndtimearound_2

You see the fundamental problem with lightbulbs is that when you leave the room the lightbulb goes out.

Which leads me back here, 2yrs after becoming debt free; in more debt than my during my first lightbulb moment (the energy saving ones have been installed it takes a bit longer to get bright).

Can i do it again before youngest goes to school? I just feel so f-ing stupid.

Christmas 2011 - £16,200

BlushingRose

You can do it x

Igamogam

You are in the right place to get it sorted

chevalier

Sorry to hear that you are back in debt again. Good luck with busting the debt a second time. At least you will know all the tricks of the trade this time, so that is a silver lining..
chev

2ndtimearound_2

Thankyou all,

That long night when you work through all those fears was 19 Dec when we couldnt afford the ticket to go to work, so i had to walk 3 miles. Basics are done in the last six weeks, but if I dont start writing I wont keep it up.

OH has worked some overtime/sold some leave =£1,500 (a 1 off).

Have changed TV package, save £15 a month.
Have applied for, and got a 0% credit card (was a little scary) save £90 a month.

Have been to music magpie, first £10 on its way.
Have registered with green metropolis (but i love my books it would be a wrench to sell
Have registered with ebay.
looking at surveys.
will be better about using vouchers
entering some comps.

We already do batch cooking,
Slice the pie seems to have died. which is a shame.



I will take responsibility.

2ndtimearound_2

I dont like doing SOAs too early on, as I am still working out in my head which payment is this month, which was last month and what we owe next month etc. But anyways its turned out pretty good so here goes (figs are rounded).

Income
Mine.....................1293
OH ........................900
C.Ben.....................135

Ttl...................... 2328

Spend
Mortgage................695
CC 1 .....................175
Loan .....................167
CC 2 .....................150
C.Tax ....................118
Nursery .................103
Insurance ................88
Gas/Leccy............... 74
Transport ................50
Mob/Co 1 ................48
TV .........................45
Comp 2 ...................37
Water .....................33
Child Groups .............31
B.Gas .....................21
Mob 2 .....................16
TV lic ......................12
O/Draft....................10

Ttl ......................1871


So remaining budget for groceries, additional payments and everything else we want to do in the month is: £457

Which is not bad.....


Debt

CC 1...................... 6,460 ..........18.9% (about to be 0%)
CC 2...................... 5,976 ..........22.5%
O/Draft ..................1,000 ..........19%
Loan ........................835 ...........Finish in June

Ttl...................... 14,271

2ndtimearound_2

Immeadiate Action

> Get OH to get a 0% CC.
> Finish Music sale

Until June
pay off £2,500

June - Dec
+£120pm income. yay.

pay off £3,600


Jan - Feb
-£150 costs. yay

pay off £1,500

March

- Costs £50. yay

pay off £6,600

OUT OF DEBT OCTOBER 2013 as long as nothing happens