Reality check....I am back to square one....

mummychicken

I first started my debt free diary in February 2011, my debt at that stage was £10,028 . I entiteled my diary "Fresh start for 2011", however we are now half way through 2012 and still no fresh start:o

I am starting a new diary because i have new debts, i lost my way with the previous diary & also the title is not appropriate.

Previously, my biggest debt was to my aunty who loaned me £8,500 interest free to clear my outstanding debts. I have been repaying her but have accumulated debt again on credit cards :eek:

I find this site a help & inspiration but now need to keep on track with it and clear this horrid black cloud of debt which looms over me.

I will try to post most days so that i can focus on where i go so wrong with money.


Debts in Feb 2011- £10,028 Debts in July 2012- £8,813

chevalier

Glad to see you have come back for support. I hope that you can knock this debt on the head too.

roseyscott

Good luck :T

never_too_old

Good luck and with support you will get there:)

mummychicken

Thank you for your support

Today is going to be a LSD, i have rummaged through the freezer and found a tub of Bolognaise that will do for tea, i will make bread rolls as i love kneeding !! I thump all my frustrations into the dough and make lovely bread :rotfl:

It is non stop rain here again, i need to walk the dog but really cannot face being soaked .

Have an extra shift this weekend so that money will be going to the CC at the end of the month as it is money that i never expected to have.

mr2jay

Well done for brushing yourself off and going for it again....

It is hard to keep focused, I am struggling with that. I tend to pay everything the minute I get paid so I have no temptation to spend where I shouldn't

HeadAboveWater

2nd time lucky?

You do right to come back on here again for more support and advice.

Put up your SOA and let us have a look at it for you, see where you can maybe change a few things.

Good luck!

mummychicken

I like that "2nd time lucky " I hope so, i have had lots of gloomy days over money and far too much burying my head in the sand. I am fed up of constantly robbing Peter to pay Paul, having to juggle my money.

I am not at a stage yet that i can set myself a Debt Free Date, but i need to consider this, having a goal to aim for will motivate me.

TeamNicholson

Sometimes it takes a set-back to really push you forward. I too started addressing my debt last year but again like you managed to rack up more debt! All I can say is, I KNOW I am truly commited now. One bit of advice I have heard time and time again is keep posting and keep reading here on MSE. It serves me as a constant reminder and motivates me to push on. I have just re-started my diary as well so I hope that helps me stay on track.

Do you have a debt busting 'plan' as such yet? Have you done any spreadsheets/budgets of incomings/outgoings etc? I find these really help. It should also help you come up with a realistic debt free date if you know how much you can overpay by each month.

Wishing you all the best :beer:

HeadAboveWater

You have your goal, so go for it! You don't get to the top of a mountain in one fell swoop. One step at a time. Even small steps. You will get there

I got into debt the year after I left school. Now, 12 years later, I’m debt free :j I learned the hard way and I learned a lot of lessons. But they are lessons I will never forget.

Post your SOA and start a spending diary. Budget yourself £x per week and stick to it.

brizzledfw

Hi MC

Welcome back....I have definitely found the disciplineof posting regularly makes a big difference to my spend patterns...have been away recently and attention to all things MSE has dipped. No doubt about it.

As u can also see from my sig..I got debt free and then ran up new debt when I moved jobs and went PT.

Anyway we are all here for you..keep posting!!! :-)

Brizzle