Reeling from the Reality Check

in_need_of_direction

Fingers crossed you feel better soon

Brogden

Hope you are back to your usual self shortly HB

When we are not well its easy to feel we can't be bothered with things.....work particularly I suppose.....I have regarded it with dread when I am flat on my back When I feel better I know its something I can do standing on my head !!

We all want to give up/wind down when the time is right HB but don't make a big decision when you aren't feeling 100%. Maybe you will come to the same decision but best to make it with a clear head and a bright and bushy tail !!

Brogden x

sweetpea26

Hope today finds you a bit better HB . Take care

chevalier

I know you say that your other debts are on a self managed DMP. And I don't want to alarm you but what if they decide that they don't want to continue with the arrangement? The endowment money could be used to offer full and final settlements to the creditors would that be worth looking at?
chev

Brogden

chevalier wrote: »

I know you say that your other debts are on a self managed DMP. And I don't want to alarm you but what if they decide that they don't want to continue with the arrangement? The endowment money could be used to offer full and final settlements to the creditors would that be worth looking at?
chev

I think it would be very unlikely Chev that creditors would suddenly change their minds and want full payments and these days we (the debtors) have so many lines of defence. All we need to do is continue to request payment plans and give I&E statements when requested.

Your idea could be well worth considering but I am like HB and whilst I am currently hitting debts, my long term aim is a warm comfortable roof over my head that is all paid for! Very shortly I will be thinking more about the mortgage than the debts !

Brogden x

Historybuff

Thanks all. Finally, I am beginning to feel better. Cough improving now I've been back to docs and got proper meds. My main aim in the short term is gaining more time to myself and reducing working hours. The numbers work out reducing to four days and taking phased retirement, so I'm doing it. This latest episode of illness, that has really knocked me for six, has really brought home to me what is really important in life. Two colleagues the same age as I am now both died suddenly whilst still in full time work before they could enjoy the retirement they were so close to. I think the time is right for me to start scaling back. My aim will be five more working years.
The massive bugbear is the debt levels. Had I not been so 'head in the sand' for so many years, I could be enjoying full retirement now. As soon as I think there is a realistic chance of any of the predators accepting a p and f, I shall be trying for it with some of the money that's coming next year. I can't use all of it because only 50% of that money is mine. Brogden, you have done so well so far. I shall be on it as soon as I have a lump sum to hand. I'll obviously keep a contingency fund for emergencies, but am so focused on becoming debt and mortgage free as soon as I can. I don't want to be struggling financially in retirement or working longer than I have to. I have stopped bailing out the children and they are all now standing firmly on their own two feet. I'm working on retrieving some of the money they 'borrowed' over the last few years. They need to start paying up!

in_need_of_direction

Glad to hear you're on the mend. I went 90% of hours over 4 days a few years back as I was really struggling due to health issues. I don't always get my day off but it makes such a difference. As for what ifs, don't be wasting your energy. You're sorting things now and that's what counts.

Puzzcat

Hi HB,
Sorry to hear you have been poorly, but glad your feeling better now.. I am totally with you on the reduced hours and retiring early plan. I have a few more years to go until I can play that game and that's on the assumption my job will still be in place..


I certainly have no intention of working until I'm 67... :eek: That's assuming I live that long...


More time for HB is the way to go.


Love puzz.x

Brogden

Hi HB,

Thanks for your kind words !!

Make sure you claim all of that endowment money and put it to the best use for the financial security of the HB family. There's a leader in every family who does the worrying, bears the weight and knows what's best.

So good to hear you are on the mend .

Brogden x

Historybuff

Thanks, INOD, Puzz and Broggers.
I'm back a work now. Loads to sort out, not least the finances on Ŵeds. Wish me luck they accept the four day week x