How many LBMs does it take to be DF ????

scotdebs

What the heck FE ill take that gold star anyway:D

Plodding on with my make £5 a day challenge and ebaying as much as I can.........once we get to this months payday ill need a new wee target to keep me going think ill aim for enough for a centre parts break for us and the boys who just love the place:p

Argh just remembered 100 days to Christmas :eek:mmmmm perhaps that's where it will all end up going

scotdebs

Ok so been a bit naughty and booked a holiday without saving for it - will be paying cash not credit but its cash I could have put towards the debt:o

However it was a bargain (honest gov) going away for 4 night during half term with another family so it's only costing £130 and will give us something to look forward to and means that I will redouble my make £5 a day efforts this month and next - Dh and I get paid later this week so away to play with the spreadsheet

scotdebs

Of all the debts we have the one I hate the most is the hideous barclaycard ( current balance just over £5400)the apr is 29% and the minimum payments they take are only about £1 more than the interest charges for the month:mad:

However I have a plan of almost epic blackadder proportions;)

In checking Dh credit report discovered that his old egg cc ( which only has about £100 on it - had forgotten about it and the dd of £5 comes out the bank every month) actually has limit of £5400 and is now owned by barclaycard - Dh doesn't even have the physical card for the account as they have our old address so I'm going to get him to call them change the address request a new card which will have much lower apr and possible lifetime balance transfer offer type thing. I know they won't let us transfer one bcard balance to another but have worked out a way to shoggle the cards around and basically GET RID

Oh can't wait - just need to get Dh to phone up which he will put off as their customer service is just dreadful

scotdebs

So my updated list of shame looks like this and I have now paid off 4.1% of my debt.
Although I have to confesss that I could have paid off a lot more this month but, I have booked a cheap wee holiday for half term and its my birthday *awaits shaking of heads and well deserved tuts from serious MSErs :money:*
The reality is if I had really stretched myself on the overpayments then at somepoint in the month i would have reached for a cc - and then opened the flood gates ........
But I am still on target to payoff over $4k before the end of the yr and get to the 10% paid off target. Xmas is pretty much saved for so there should be no excuse on reaching for the cc's.

Credit union 228.26
RBS Plat 2042.4
Cap One 169.35
Bcard 5455.95
MBNA 3832.65
RBS Black 14956
RBS 0% 1715.3
Next 517.59
Frasercard 1028.41
M&S Store card 1434.25
M&S reserve 1603.24
Very 1950
Nursery fees 568
Debt as at 27/9/13 £35501.4
Debt at 19/8/13 £37035.67
Debt paid off £1534.27
% paid 4.1%

Suziebabe

Oooo jealous, I want a holiday!! I don't think there's any need for tutting, as you say, you've budgeted for it and you've got Christmas under control, so a little reward goes a long way - enjoy it!

scotdebs

Thanks Suzie over 30k of debt is not going to disappear overnight and I need to be realistic but focused at the same time:D

So had a lovely day today went out for lunch at a restaurant near us that is a bit on the pricey side but I had a £75 voucher and so slap up meal for the 4 of us was only £13.33 :j
Also had a night out with friends last night but we went to all the cheap local pubs and so a very riotous and fun night out only cost £32 including a taxi home ( with chips and curry sauce ) - if we had gone into town it would have been 3 times that amount :eek:

Feeling rather contented this sunday evening for someone with unsecured debt the size of a small country :rotfl:

fannyadams

Hi <waves>
just been reading your diary and wanted to say WELL DONE!
I also wanted to share this link with you
www.mysupermarket.com - you can go shopping for groceries and it'll show you which of the big 4 will give you the best price. I usually print the list then go round ALDI and pick up the things that are cheaper there then get the remainder at tesco/ASDA. (I am lucky Tesco is opposite ALDI on the same estate, and ASDA is just the other side of the road)

scotdebs

Hi FA *waves back* and thanks for the link. Well diary it's been a bad old month in the scotdebs household to the point where the debt was increased by aprrox £500 during the month:mad: a number of reasons some of the them could have been helped - but plenty could have been avoided

Anyway think I have worked out that despite the massive lapse this month I should still be able to end the month (following payday) in less debt that I started October with and still be on track for overall 10% reduction by the end of 2013:T

I'm quite proud that I have had the guts to come back and admit how usless I have been over this month as this would have normally been the point when I would given up and shoved head firmly back in sand .... But I am determined I won't be starting another diary in 10 months time entitled "How many MORE LBMs will it take" :rotfl:

So pity party over ... Onwards and downwards (with the debt)

Away to play with spreadsheet make a list of all the challenges and targets for 2014 ..... In the words of a great MSE'r time to keep plodding .....

scotdebs

Will post the full list later but have just worked out the numbers on this rather wet and depressing pay day and despite chucking over £400 on the EVIL ccs this month I have managed to lower my overall debt :j

Debt at 19/8/2013 (LBM No 3) £37035
Debt at 25/10/2013. £34995
Total paid off £2040. 5.5%

Target for end 2013 pay off £4k (10.8%)

Target for March 2014 get under £28k (£9k paid 24%)

Could I get under £15k by end of 2014 .......... Watch this space :-)

Alice_in_Poorland

Keeping plodding.....even through the tough times.......you will get there.

xx