Build a new life in 3 yrs.

Smithfield

Current debts update as of july 1st.

Capital one £670 (0%)
Budgeting loan £500 (0%)
HSBC £700
Overdraft £600

£67 due 22nd of july for HSBC, £36.10 17th capital one, £7 overdraft.

Capital one is with fredpay and despite it being the cheapest debt, I think I can haggle a F+F settlement figure that just gets this all sorted out.

beanielou

Hope job goes well.

Smithfield

Thanks, if nothing else the extra cash should hopefully have my debts cleared up asap.

Smithfield

so first day at new job.

Pretty depressing if i'm honest, I left a perm job I enjoyed to go and do a degree only to end up in a worse job back in civil service admin.

If I'm honest the whole set up of the new office is pretty poorly run and chaos as a norm it appears. I'm trying to stay positive in that it's cash to clear debt, takes me off benefits and hopefully will be short term. If nothing else it has got to be a motivating factor to do something else.

Off Friday for driving lessons and test Saturday.

Small victory with my certificates, I had huge problems with the exam body who held some of my certificates. I put in a letter of complaint after they arrived outside their 28 day deadline and have been refunded the cost of the certificates. This will pay capital one this month, result.

Few things on ebay too, but that offsets driving.

Another one with the new job is transport, need to sort myself a bike I can lock in town, something beater-ish.

uk_american

As you say, it's cash to clear the debts. Many of us deal with similar chaos...and have learned to look the other way. :-/

How did the test go?

Smithfield

@uk_american Not so great, 15 and 1 serious. Nerves got to me and forgot to go back into first at roundabout and stalled as I pulled out.

@beanie_lou forgot to say thanks for the good wishes.

So PAYDAY!

On a positive... bills paid, debts cleared. On a less positive, so many bills for the first month!

Credit cards+Debts

£36.10 PAID to fredpay, Capital one now £652 from close on £1000 last Oct.
£87.50 PAID to HSBC, to be honest I'd gotten behind on this and its built up, so is now back to £650
£32.40 social fund debt, I've to set up a standing order for this £510 total.

The good news about this debt is that all of it apart from hsbc is at 0%

Household

Electric for quarter £60 PAID.
TV LICENCE for quarter £12.50 PAID
Internet for past quarter £30 PAID
£15 o2 top up.

Rent £400!!! PAID This is a total screw up by housing benefit, after a total mess of them thinking I was on jobseekers and suspending my 4 week run on they now want my payslip before they will pay up. Bringing payslip in tomorrow so fingers crossed £200 of this should come back.

so Thats whats paid so far.... gonna total it up and do a breakdown. I really want to keep spending like im on benefits and get things going asap.

Smithfield

So managed £184 from housing benefit and £100 from friend for bike.

Started driving lesson with new instructor, £20 an hour, but he seems very good, so hopefully less lessons.

I really need to get a handle back on my day to day spends, creeping from £10 a day to £20 a day etc. Gonna do a big tesco shop this week to start cutting costs. Even £3 on sandwiches and a tin of coke from tesco is daft.

Need to get back to my MSE head lol.

£575 left now with a week of month gone, all bills paid.

£100 a week and keep £275 for driving (I've spent £20, so £300 for driving lessons and test isnt that bad, in such a mental bill month!)

I want £500 put to one side next month.

uk_american

Sounds like you have everything organised and going in the right direction, well done!

Sometimes things will click into place with a different instructor--different perspective, etc. It was certainly like that for me with maths many years ago, so fingers crossed for you.

Smithfield

Ok so update on debt.

Capital one - £580 0%
HSBC - £648 26% apr
Overdraft - £600 (not sure about £6 a month)

Capital one is nearly paid off in half and at 0%.
Put in for driving test again at end of the month, so hopefully last month of lessons and that kind of bill

Opened credit union account today, starting saving from next month considering once I have 650 in credit union having a secured loan to pay off hsbc credit card. I'm paying minimum of £15 which is going in interest. I'm thinking £31 a month over 2 years with credit union would pay it all off. Plus would build up my credit rating there. I have just over a year to pay off capital one at 0% with the vultures at fred pay.

no overdraft problems or late payments since summer, but need to sort myself out with some savings. Girlfriends house is finished with builders, If I can get test this month and get her house decorated and sorted and me ready to throw a wedge into the credit union at end of october I think I'm on the right track.

beanielou

Credit union a great idea to pay off card.
Was just thinking of you the other day funnily enough.