Debt free by 40 -- 19 Months and counting

StressedSteph

fern44 wrote: »

Hi
just looked at your face book page your work is excellent and too cheap
you really need to be aiming on doubling up on your material costs ie if they cost £5 charge at least £10 because eventually the orders will take up all your time and become a job
People will pay for well made individual items they don't always want them to be cheap if the are a present for some one Good Luck

FinanciallyUnsavvy wrote: »

I agree with DFW - you could definitely stick a good few quid on some of your prices and nobody would be put off! Your stuff is so lovely, you need to reflect the quality in your prices. Don't undervalue yourself! x

Thank you so much guys, it means a lot. I will try to be brave an add abit more onto future things I make. xxxx

debtfreewannabe321

StressedSteph wrote: »

Thank you so much guys, it means a lot. I will try to be brave an add abit more onto future things I make. xxxx

Tell people they were introductory prices

How was the cinema?!

StressedSteph

Morning diary,


Well I happily balanced my online bank statement to my YNAB budget this morning.

I love the way you can hit the reconcile button to of file away the items you have balanced from your bank statement. It kind of draws a line under those, telling you they are all dealt with, paid and showing on bank statement.

Don't like the way that I am looking about £70 short to pay all the bills by the end of January. I might have to stall a credit card payment until the first week of February, but that feels like I am just setting myself back in Feb too.

Got to knuckle down and get some crafts completed so that they bridge the gap, not sure I can make that much in 8 days but will give it a go.

Annoyingly I have a friend of a friend that ordered £31 pounds worth of items and I have them made and ready, but she hasn't paid yet. she is famously ditzy, so not sure if she will ever pay. I am holding off on delivering the items, as I know what she is like. If she paid though that would be a good chunk against what I am short of this month. Grrrr

Had to add a couple of Ebay purchases onto YNAB this morning. These were brake pads for the car and new new charger for the childrens tablet which got broken. Both items were really needed, but I felt really annoyed having to find space for them in my budget.

Looks like MSE & YNAB are having a positive effect on me, its not normal for me to NOT want to spend and money. :T

debtfreewannabe321

Email/text your friend that owes you the money and tell them you can hold the items for a certain number of days and then you will have to put them up for re-sale. After all you are trying to run a business, if she's like me (my friends call me scatty ) then it could be just the reminder she needs and i'm sure she will pay straight up :T

FinanciallyUnsavvy

Morning

Hope you enjoyed your cinema trip yesterday!

Sorry to hear you're looking at being a bit short for the rest of the month. Have you posted a SOA on here as people may have some ideas where you can cut costs and hopefully stop the shortcomings occurring!

If I was you, I'd just drop your friend a friendly message saying her items are ready if she still wants them, and if she has the money ready you'll deliver them. Like DFW says, she probably just needs a scatterbrain reminder, but no harm in mentioning you'll put them up for resale in X days as you've had other interest in them or something!

debtfreeoneday

I've also found you, liked you and shared you. You make lovely stuff..

StressedSteph

debtfreewannabe321 wrote: »

Email/text your friend that owes you the money and tell them you can hold the items for a certain number of days and then you will have to put them up for re-sale. After all you are trying to run a business, if she's like me (my friends call me scatty ) then it could be just the reminder she needs and i'm sure she will pay straight up :T

Hi DFW


I sent her a reminder last weekend . Think I will leave it until the beginning of next week and do like you said, tell her I can only keep them till the end of the week and then I will have to advertise them. She is a single mum with two children, so I can quite imagine that she can't actually afford it, but then it would be more helpful to me if she didn't order the stuff in the first place .

FinanciallyUnsavvy wrote: »

Morning

Hope you enjoyed your cinema trip yesterday!

Sorry to hear you're looking at being a bit short for the rest of the month. Have you posted a SOA on here as people may have some ideas where you can cut costs and hopefully stop the shortcomings occurring!

If I was you, I'd just drop your friend a friendly message saying her items are ready if she still wants them, and if she has the money ready you'll deliver them. Like DFW says, she probably just needs a scatterbrain reminder, but no harm in mentioning you'll put them up for resale in X days as you've had other interest in them or something!

Hi F.U.S,


Yes the movie was fab. Wolf of Wall Street. I just love movie's, its my favourite night out .


The rest of January will be really tight, hubby has earnt an extra £45 this week but its not quite enough. Think I will have to leave one CC payment until the very beginning of February, where I can then pay them. I have already received a £12 charge this month anyway, so a couple more days probably won't make a difference.


Then I can concentrate on making that lost amount up during February.
I always new that January would be a struggle, as we are still getting over the bank meltdown that happened last November/December.
At least I know that we are headed in the right direction, and with no impulse spending, I know we have enough to pay everything.

xx

debtfreeoneday wrote: »

I've also found you, liked you and shared you. You make lovely stuff..

Thank you DFW, every bit helps build up the FB page. I have gotten 90% of all my orders through FB, even in January I have had about £200 of orders. I am not really keen on FB on a personal level but for running a small business its fantastic.

Thanks again xx

StressedSteph

Morning


Not a NSD here today unfortunately, but it is all in the budget.
Had to go out and get the lambs some more feed, only bought one bag to see them through the rest of the week. I also have two good friends coming over to watch a movie tonight. I have the chicken pasta salad ingredients already, but wanted to make them a little pudding. I have got eggs and double cream so thought if I just buy a decent bar of chocolate I can make them some Chocolate mousse. So nipped into the local mini supermarket and picked one up.


That's me back home now and all I have to do now is blitz the house, which I seem to be avoiding. What is it with me with always leaving things till last minute. I seem to subconsciously enjoy the panic.


I have just sent my friends a text saying that my pennies couldn't stretch to a bottle of wine. I have sloe gin here so if whoever isn't driving wants some wine can they bring it with them. I nearly caved and bought a bottle in the supermarket but I just couldn't face over-spending by £6+ on a bottle of wine that I hadn't budgeted for. :T (yay to my willpower).


Got a lovely quiet weekend ahead, nothing we HAVE to do, so plan to help DD stick up some new wall stickers that she bought with her Christmas money and just sew, sew, sew to get those pennies coming in.


I keep looking and re-looking at my YNAB budget desperate to add more things in, but nothing has come out of the bank today and wages won't go in until some time over the weekend. What is it with debt-busting that makes you want time to be on fast forward??.


Hope you are all having a great Friday.
xxx

Puzzcat

Hi SS,


I'm with you on the fast forwarding of time.. next payday, next lot of statements etc etc...


When I have my girls over I always get them to bring what they wish to drink, it gets expensive hosting otherwise if you are supplying food and booze for everyone.


Hope you enjoy your weekend, and have plenty of time for all that sewing.. I'm rubbish at sewing, no really rubbish.. I sew a button on and it comes off...!!! In fact one of my pairs of work trousers has stapled up hems...!! Luckily they are shades of grey (no not 50...:rotfl:) so you can't see the metal...!!!


Have fun..


Love Puzz. xx

maddiemay

Hi Steph
Postie called this morning, I am absolutely delighted with my pillow covers:j, I love all the fabrics and so beautifully packed too. Thank you so much.:T

I will look over at FB at some stage and leave some feedback there, sorry can't do photos at the moment need to learn to do more with my new phone:(
Your evening with friends (both cinema and tonight) sounds great. I am such a last minute person too, it drives my OH mad:rotfl:

MM xx:T