Sorting out my mess once and for all

Wildchild_2 · 27 June 2013 at 11:09AM

Just had my LBM last week and am in a bit of a mess.

The debts are as follows:

CC 1: £102 paid off 27/06/2013
CC 2: £349 paid off 27/06/2013
CC 3: £1000
CC 4: £1000
CC 5: £150 paid off 28/6/2013
CC 6: £500 paid off 16/07/2013
CC 7: £500 paid off 16/07/13
CC 8: £1183 paid off 29/6/13
CC 9: £1639

Total debt: £6,423

All of them are 0% except for CC 1 and 2 so I will be going for these first.

I got into this mess as I am self employed with a lot of ups and downs - so when times are good they are really good but I don't make enough of a provision to tide me over when times are bad. That is when I need to rely on the CCs. If I was better at putting money away for a rainy day then I wouldn't be in this mess.

So my aim is to pay off the first two smaller ones next month - I only have one job lined up for next month but it should cover the cards and all my living exprenses.

After the summer business is always better for me. So I need to survive on what I have until then without increasing the debt.

Then in September, October November and December I need to attack the other cards. Numbers 3, 4, 5 and 6 will start charging interest in January so they need to be clear by then. For the others I have until April.

I will also be looking for a temp job for July and August so I can get some extra money in. Have a couple of interviews lined up next week.

Wildchild_2 · 27 June 2013 at 5:10PM

Been clearing out all my bank accounts - took cash out to last till the end of the month and put the rest on the CCs.

CC1: paid off in total
CC2: reduced to £156

Phoned the bank and cancelled CC1 totally - tried to offer me better deal etc - stuck to my guns and now it is cancelled.

Have another interview tomorrow for a temp job - part time in July that would bring in about £500.

Wildchild_2 · 28 June 2013 at 9:31AM

Getting ready for my interview but the job starts on monday so I think I will get an immediate answer. Is only for July and part-time (monday, tuesday, wednesday from 7 till 12 so will have plenty of to work for my customer). But will be good for about £500 after taxes.

So if I get the job next month I would try to pay off CC 2, CC 5 and CC 6 reducing the debt by a further £806.

Next week saturday I will also be taking part in a car boot trying to get rid of some [STRIKE]old junk [/STRIKE] really great stuff!

so maybe will be able to produce and extra payment.

One customer still owes me £400 so it would be great if he could finally pay that. Spoke to him on the phone yesterday and he is having some financial problems too but promised to try his best!

Wildchild_2 · 28 June 2013 at 11:40AM

Really strange interview - lasted about 3 minutes and was offered the job on the spot. Signed the contract and start monday. It is only a three minute walk from my flat so no transport costs either and will be back home for lunch so no temptations to eat out!

Really want to get to the under £6000 mark asap!

Am off now to do some sewing. Have loads of material and need some new clothes as I really only have one good work outfit as I never really see many people. But can't be wearing the same clothes three days in a row

So my aim for today is:

Make two shirts - same pattern but one in white and one in blue

Tomorrow:
Skirt

Sunday:
Two pairs of trousers - same pattern but one grey and one pin stripe

That should at least get me through my first week!!

Wildchild_2 · 28 June 2013 at 3:38PM

Good news and bad news - my neighbour just bought my tatty old bike for £110 - can't believe it. Was in need of some TLC but it is or at least was a very good bike.

But while checking my figures saw that CC 5 is not 0% - that ran out last month and the interest on there is a whopper much higher that CC2 so the bike money went on there and it is now only at £40

hmmmmmmmmmmm what other junk can I sell?

Am going to go through everything tonight and sort into three groups:

boot sale
the bay
flyer in shop window

Also made one shirt already today bit tired out though - haven't been doing much sewing lately and my back isn't used to the strain and my brain actually isn't either.

if_at_first... · 28 June 2013 at 8:30PM

Good luck - hope it all goes well for you. I have a sewing machine too but I only just started so have a way to go before I can start making shirts and trousers!!!

Wildchild_2 · 29 June 2013 at 1:22PM

Got a payment in last night - two weeks before due date :j:j:j

After putting tax money aside and keeping some living money I have managed to pay off a CC 2 and 8 :T

Nice start to my weekend. Both cards will get cancelled on monday