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Pigpen's DFW diary..

in Debt free diaries
212 replies 15.7K views
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  • Flylady_FlowerFlylady_Flower Forumite
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    pigpen wrote: »
    Thanks for asking xx ..

    Anytime :D

    Glad DH is getting some sense and paying the mortgage now - must be a weight off... :j And as you say, still going down despite all - good luck with the assignments and study skills stuff - I did mine right at the end too, I seem to work better under pressure (well, not quite true but that's what I kept telling myself, it just meant I HAD to work IYKWIM - you'll get it done, easy peasy... :rotfl:)
    LBM April 2013 - £29,000.00
    Vanquis CC's PAID - Debenhams SC PAID - A+L OD PAID - Asda CC £783.75
    Barclaycard CC £1400.78 - BoS CC PAID - Freemans Cat PAID
    F/D Loan & CC £1458.96 - Santander Loan PAID - Mum Loan PAID
    RBS OD PAID - F/D OD £1026.52
    Weekly Grocery Challenge - £95.00 budget / spend £-
  • edited 31 May 2009 at 4:54PM
    ValliValli Forumite
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    edited 31 May 2009 at 4:54PM
    Just a point - debts/as well as assetts, are taken into account at the time of separation so if at that point you have a record of what was owed it will be very useful (as long as he accepts that they were debts IYSWIM) so you will continue to pay them because of the penalties - so at separation debt might have been £10K; at time of FDR (Financial disputes resolution)
    they might be £2k - (for example) - but the liabilites WERE £10K so that's the figure that should be taken into account

    it will reduce the total assets pot

    like this

    assetts (house) 100000
    debt (unsecured) 10000 (at time of split) or 2000 (at time of FDR)
    nett assetts 90000 or 98000
    50/50 split 45000 each or 49000 each

    that's put VERY crudely -the idea is so make the total assetts as low as possible; if you've paid off some debt it needs to be taken into account...
    Don't put it DOWN; put it AWAY
    "I would like more sisters, that the taking out of one, might not leave such stillness" Emily Dickinson
    :heart:Janice 1964-2016:heart:

    Thank you Honey Bear
  • pigpenpigpen Forumite
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    Thanks Valli.. that makes sense.. however crudely put lol..

    Basically at the moment I tallied the debts and gave him half to pay off... I thought that fair enough!
    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.)
  • edited 30 June 2009 at 10:00PM
    pigpenpigpen Forumite
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    edited 30 June 2009 at 10:00PM
    XH giving me about £450 a month from him I think at the moment.. seeing as heis refusing to give me any more.. kn0bh£ad
    various benefits £2358 (cb, dla, ca, ctc, is)..

    mortgage £650 (£88230.61 left.. over 21 years and 2 months lol)
    c. tax now paid through housing benefit
    life ins cancelled/lapsed
    B&C ins. £38
    New loan £270 12.9% (£14875)

    gas/electric £330 ... new bill £373.. much batter than the £1203 in April
    mobiles and landline £100 (one landline 3 mobiles)
    internet £16.42 ..

    now the crappy bit..

    Overdraft £1163 .. up to the limit of course!! reducing by £167 a month (7 months left)
    Next £100 (£800 owed in total!!!) (All other catalogues now paid off fully!! :D)

    BHS storecard £86 owe £1688

    snack money £5
    Nursery fees £70 this month.. onky 2 weeks left
    DS2 bus fares £28 .. Lunches free now!

    £2488.91 owed in total excluding the big loan, overdraft and the mortgage. I love payday!!

    See.. still going down in spite of the hubby being a twonk!

    Paying off the Next account is my next big challenge!!. heading in the right direction at the moment.. :D
    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.)
  • edited 20 November 2009 at 12:03PM
    pigpenpigpen Forumite
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    edited 20 November 2009 at 12:03PM
    Not updated this for ages.. so I will.. I'm nt too pleased I am going to miss my DFD probably by about a year.. BUT I have got some rooms decorated in the house and carpetted and the christmas shopping is all but done so while my total has gone up a little out home has improved very much and is a much more pleasant place to live!

    XH giving me about £170 a month and he pays £280 on the bank loan
    various benefits £2318 (cb, dla, ca, ctc etc)..

    mortgage £600 (£87730.61 left.. over 20 years and 8 months lol)
    c. tax now paid through housing benefit
    life ins cancelled/lapsed
    B&C ins. £38
    New loan £280 12.9% (£13905) he pays

    gas/electric £183 ... changed monthly amounts after getting way in front with my payments saved £90 a month on gas and £17 on electric.. :D
    mobiles and landline £100 (one landline 3 mobiles)
    internet £16.62 ..

    now the crappy bit..

    Overdraft £495 .. up to the limit of course!! reducing by £167 a month (3 months left
    Next £100 (£1010 owed in total!!!)
    BHS storecard £86 owe £1350

    DS2 bus fares £28 .. Lunches free now!

    £2801.54 owed in total excluding the big loan, overdraft and the mortgage. I love payday!!

    Paying off the Next account is my next big challenge!!. heading in the right direction at the moment.. :D

    I have been advised by the girls physio to reapply for DLA for DD4 and apply for DD5.. both have mobility issues.. and hopefully I can now get a blue badge for DD5 as she struggles to walk far.
    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.)
  • TootsiepopsTootsiepops Forumite
    89 Posts
    Hiya pigpen, hope you don't mind me jumping in, just sat an read all your diary!! PHEW!!!! you've done fantastic, and well done on you, so sorry only reallised on the last page you and your OH have split, But hey obviously you don't need him, looking at how well youve done. Wishing you and your children best of luck in the future!!!:D:D:D
    Getting Organised IN 2010 :T Clutter-free bug!!! STOPPED SMOKING 24-07-10, NEVER HAVING ANOTHER PUFF :j
  • edited 31 December 2009 at 9:43PM
    pigpenpigpen Forumite
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    edited 31 December 2009 at 9:43PM
    XH giving me nothing now and he pays £280 on the bank loan
    various benefits £2318 (cb, dla, ca, ctc etc)..

    mortgage £600 (£87330.61 left.. over 20 years and 6 months lol)
    c. tax now paid through housing benefit
    life ins cancelled/lapsed
    B&C ins. £38
    New loan £280 12.9% (£13435) he pays

    gas/electric £183 ... changed monthly amounts after getting way in front with my payments saved £90 a month on gas and £17 on electric.. :D
    mobiles and landline £100 (one landline 3 mobiles)
    internet £16.62 ..

    now the crappy bit..

    Overdraft £328 .. up to the limit of course!! reducing by £167 a month (2 months left
    Next £100 (£900 owed in total!!!)
    BHS storecard £76 owe £1150

    DS2 bus fares £28 .. Lunches free now!

    £2575.00 owed in total excluding the big loan, overdraft and the mortgage. I love payday!!

    Paying off the BHS account is my next big challenge!!. heading in the right direction at the moment.. :D Can't add to it as I no longer have the storecard :D
    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.)
  • toottifroottitoottifrootti Forumite
    6.4K Posts
    Hi pigpen
    just noticed you had updated this - I think you are doing brilliantly given all the problems you are having with KH - its a shame you have missed your DFD but you will make it next year I know because you are one determined lady and an example to us all.
    toots xx
    Peace will be mine
    could do better - must try harder
    Live each day as if its your last
    DFW Nerd #1000 Proud to be dealing with my debts

  • pigpenpigpen Forumite
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    In order to clear this by the end of next year I need to be paying off around £300 a month.. which will cover interest etc.. on top of the regular bills etc.. so it may be a very tight year at my house!.. thankfully I have already decided what half the children are getting for christmas next year so can look for bargains throughout the year as usual.. :D
    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.)
  • SpendlessSpendless Forumite
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    pigpen wrote: »
    DS2 bus fares £28 .. Lunches free now!
    Is DS2 at secondary school? Have you ever looked into whether your council offer free bus passes even if you live less than 3 miles away for anyone entitled to free school dinners,my council does.
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