Road to Recovery - My Diary

Hope78

I like having little hurdles to jump like when one of my loans went under £1000 or knowing this year 2 debts will be wiped they give me loads of motivation. Then there's bigger ones like when I cleared my first overdraft or got sub £40,000. People on here are geat too, especailly as I've never had to juggle running a household and paying off debts so I'm learning loads from them. Plus people who don't know you are often more honest and more objective than those close to you e.g. when someone on here pointed out that I really was overly overly generous with gifts.

Hope78

:j I got the job today! :j

Can't believe it! Its permanent promotion in a school just about 7 miles away so extra money won't get swallowed up by petrol! There were 2 internal candidates and I still got it!

mae

Hope... that is great news well done you! :T :T :T

All down to your determination and hard work and not getting despondent from the jobs you didn't get but actually using the experience in a positive way and learning from it.

I guess you will be spending the evening calculating and recalculating how much the extra income will be and what you are going to do with it
Quite right too.

Well done
Take care
Mae

Hope78

Thanks Mae

It still hasn't sunk in yet but when I left the interview I knew I'd given it everything I had! The guy who was in before me said his only lasted 10 minutes (it was his first my first was only 7 minutes) whereas mine was 25 minutes. The headteacher called 1 1/2 later to offer me it! She asked how I felt it'd had gone and I said I couldn't have given anymore. I knew I was fighting for it - if that makes sense???

The extra salary is the same as the temporary post I'm doing in my current school so its £235 extra every month. Think I'll need to pay a little more petrol every week though my dad says probably not as although its further away its a quiter road than I use now so there's no stop starting.

I've thought long and hard about what to do with the money and the first thing I've decided is to start paying dig money again my parents gave me a year off last year when I started this so its about time. Not only that we've discussed me buying their house (its council house) when I'm a bit more sorted financially (this will be a long time but a good investment when the time comes) its 3 double bedrooms huge garden driveway etc and would only work out about £35000 but I'm paying half the rent until then. I'm still left with around £100 extra which initially I'm going to throw at overdraft number 2. I'll reevaluate this all again in summer when loan number 1 is clear freeing another £95 each month.

As uaual thanks for your support and advice
Hope x

mae

Hi Hope

Its always nice to read your updates.

Thats nice to use the extra income to start paying board again, it was very kind of them to help you out by not charging rent for a while but its also nice that you know your priorities now things are improving. I am sure they must be very proud of you and their kindness has obviously rubbed off on you

On buying the house, £35000 sounds a good investment. I am just wondering though what the practicalities of that would be? I mean if you did buy it then you met someone and decided to have children etc would you continue to live with your parents? Could it get complicated? I am sure you have discussed all this and its just me being nosey :rotfl:

Take care
mae

Hope78

Hi Mae

You're not being nosey at all. Its actually good to have someone 'unbiased' to discuss such issues with. All the house buying is a few years off and if when that time comes I'm with a long term partner then things might change.

My parents rent is currently more than a mortgage would be on the property and the idea was really a way of making them secure in their old age. My folks are of the thinking that while I live here we would share a mortgage and if I met someone they wold pay be 'rent' if that makes sense.

However my ideal would be that if I was to move out the mortgage on a new place would be based on a partners salary and I'd continue paying the mortgage on my parents home. Unlike most folk my age I'm not overly fussed about having the fanciest house money can buy and having a dad who has been in the building trade almost 40 years has put me off "expenseive new build estates" ex-LA are better value, bigger and better built! So in my ideal a partners salary would cover a mortgage on one - hope whoever I end up with thinks this way too!

Anyway I've rambled on enough about something thats a good few years away and simply not feasible until the CCs are gone gone gone!

Cheers Hope x

Hope78

Today I met the mum of one of the girls I was tutoring before Xmas it turns out they wanted me back after Xmas hols but had lost my number so we're getting a new start date organised so that'll be £10 week extra money.

Hope x

Hope78

Not been on in a while so just thought I'd day "Hi". Start new job on 21st so looking forward to it. Got to clear all my stuff out of current school this week. Can't believe I'm getting closer to having cleared £10,000 off my debts time really has flown!

mae

Hi Hope

You must feel great nearly being at the 10k mark... that is easy money to spend but to pay back that takes some serious doing.

Good luck with the job x

Hope78

I'm delighted hopefully by end of school year (June) i'll have paid the £10k. Which will have taken 16 months. My second £10k I'd like to pay off in a year so better get my skates on with carbooting and ebaying etc again.