Pigpen's DFW diary..

in Debt free diaries
212 replies 15.6K views
pigpenpigpen Forumite
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I've been reading everyone elses and decided I want one too, you never know one day it might be really good to show it to the chidren and how we struggled to manage financially when they were growing faster than bindweed and pay off these infernal debts!

We currently have £3350 coming in each month (not including what we make on ebay/amazon etc).. and every penny going out.. and some!!

SOA (not all apr's because I don't know them but I will add them once I've checked my statements etc)

DH Wages £1611
various benefits £1740 (cb, dla, ca, ctc)
I usually average out about £200 a month from ebay too which goes immediately off a debt OR I buy replacement clothes for the ones I've just sold.

mortgage £600
c. tax £100 (which reminds me, I've not had this years bill!)
life ins £30 (cheapest possible)
B&C ins. £64 (cheapest I could find in December.. plus cashback from greasypalm!)
loan £158 (until June 2010)
student loan £105 (£2350 left)
gas/electric £300 ... this is the cheapest according to uswitch
mobiles and landline £90 (one landline 3 mobiles)
internet £17 .. we are not in a BT area so can't have anything else.. I could have it free with a mobile contract otherwise.

now the crappy bit..

Overdraft £3000 .. up to the limit of course!!
catalogues £335 yes a month!! £1144.76 owed in total!!!) This is the clothing budget!!
sony c/c £950 0%apr until November £50 pm
Employer loan £100 0% interest £1800 outstanding
abbey c/c £1300 15.9% apr I pay as much as possible a month! this is cut up and binned.. DH has his on the same account but won't use it.
american express 12.9% £500 (this is being paid off this week.. if I have to not pay anyone else!!)This is long since cut up and binned
storecard £130 owe £1900 (£1500 is my mothers!!!! don't ask!!)

Music lessons £20 (for 5 instruments/4 children)
Dance lessons £68 (for 5 children)
snack money £12
lunch money £88 (for 2 children, ALL primary school children have free meals here)

Food... I buy necessities and when we have some 'spare cash'.. about £300-400 a month for 2 adults, 8 children, 2 cats and 2 bunnies.

My current debt total stands at... £20847.81.. little bit higher than my sig.. but I couldn't bear to increase it in my sig in case it thought it was staying.. it was an £850 gas/electric bill!!

I am aiming to pay off one debt a month until the final one is paid off july 2008.

EDITED TO ADD NEW SOA!!!!.. be honest.. is this looking better???

DH Wages £1611
various benefits £1856 (cb, dla, ca, ctc)
I usually average out about £200 a month from ebay too which goes immediately off a debt OR I buy replacement clothes for the ones I've just sold.

mortgage £600
c. tax PAID until April.. when we start all over again!
life ins £30 (cheapest possible)
B&C ins. £46 (cheapest I could find in December 2007.. plus £120 cashback from quidco!)
loan PAID
student loan £105 (£1250 left)
gas/electric £180 ... changed to Scottish Power..
mobiles and landline £90 (one landline 3 mobiles)
internet £17 .. we are not in a BT area so can't have anything else.. I could have it free with a mobile contract otherwise.

now the crappy bit..

Overdraft £3000 .. up to the limit of course!!
catalogues £150 (£850 owed in total!!!) This is the clothing budget!!.. and includes a BIG shop in the Next sale which I'm paying off next month
sony c/c £900 0%apr .. not sure must check.. this was paid off but used to pay a higher interest debt.
Employer loan £100 .. £500 owed

abbey c/c PAID
american express PAID
storecard £60 owe £1100

Music lessons .. paid until September!
Dance lessons £36 (for 2 children)
snack money £6
lunch money & bus fares £168 (for 3 children, ALL primary school children have packed lunches now)

Food... I buy necessities and when we have some 'spare cash'.. about £300-400 a month for 2 adults, 8 children, 2 cats and 2 bunnies and 4 fish!
LB moment 10/06 Debt Free date 6/6/14
Hope to be debt free until the day I die
Mortgage-free Wannabee (05/08/30)
6/6/14 £72,454.65 (5.65% int.)
01/01/2022 £41653.68 (2.41% int.)
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Replies

  • Well done for posting! £300pm on gas/electric:eek: :eek: :eek: :eek: :eek: :eek:

    PP
    xx
    To repeat what others have said, requires education, to challenge it,
    requires brains!
    FEB GC/DIESEL £200/4 WEEKS
  • pigpenpigpen Forumite
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    2 washers.. 2 dryers.. 1 dishwasher.. 2 freezers.. 1 fridge and a kettle that is NEVER off!! lol
    LB moment 10/06 Debt Free date 6/6/14
    Hope to be debt free until the day I die
    Mortgage-free Wannabee (05/08/30)
    6/6/14 £72,454.65 (5.65% int.)
    01/01/2022 £41653.68 (2.41% int.)
  • Blimey I am on Prepayment Meters (out of choice mind) - imagine how often youd have to run to the PayPoint news agent!
  • pigpenpigpen Forumite
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    lol.. that's why I'm NOT on prepay.. lol
    LB moment 10/06 Debt Free date 6/6/14
    Hope to be debt free until the day I die
    Mortgage-free Wannabee (05/08/30)
    6/6/14 £72,454.65 (5.65% int.)
    01/01/2022 £41653.68 (2.41% int.)
  • I have a moneymaking idea for you? How bout taking in laundry!
  • pigpenpigpen Forumite
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    I would but the 2 WM's I have are on 24/7 as it is.
    LB moment 10/06 Debt Free date 6/6/14
    Hope to be debt free until the day I die
    Mortgage-free Wannabee (05/08/30)
    6/6/14 £72,454.65 (5.65% int.)
    01/01/2022 £41653.68 (2.41% int.)
  • *zippy**zippy* Forumite
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    pigpen wrote:
    I would but the 2 WM's I have are on 24/7 as it is.

    Mine seems to be on all the time with 2 kids I can't imagine what the washing must be like with 8 :eek: :D

    Look forward to reading your diary pigpen
  • do the machines have like an economy wash cycle? i know you can save a fair bit using that
  • pigpenpigpen Forumite
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    yes but they usually need a jolly good wash.. I have boys!!! :eek:

    If it can go on a quick wash it does!
    LB moment 10/06 Debt Free date 6/6/14
    Hope to be debt free until the day I die
    Mortgage-free Wannabee (05/08/30)
    6/6/14 £72,454.65 (5.65% int.)
    01/01/2022 £41653.68 (2.41% int.)
  • pigpenpigpen Forumite
    40K Posts
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Forumite
    I make tiny fortunes on pigsback (£86), quidco (£20 a month ish), greasypalm £30ish every other month) and boots points! (had £130 last year!!).. I am hoping these will cover this years christmas.. you ncan never start too early!

    I am so mean I just put the youngest into tesco value nappies, she isn't a huge wetter thank goodness.
    LB moment 10/06 Debt Free date 6/6/14
    Hope to be debt free until the day I die
    Mortgage-free Wannabee (05/08/30)
    6/6/14 £72,454.65 (5.65% int.)
    01/01/2022 £41653.68 (2.41% int.)
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