Laying bad eggs instead of nest eggs

mummychicken

:o I am beyond embarasssed that this is my 4th diary...

mummychicken

I am beyond embarrsesssed to admit this is my 4th diary and that this is my biggest debt

I have consolidated on CC and loans for about 4 years and i am getting NOWHERE , my debt is bigger than ever and is now £15,980 :eek: :eek: that is debt on nothing to show and a complete secret to my DH. I got myself into this mess, i need to get myself out of it................................. But how.... Realistically I can just about manage to pay off £300 a month to this debt................. This means overtime every month, which is more or less guarenteed .

I have never E bayed, I have 3DC, sohave masses of old clothes but been put off by horror storiesabout Ebay charges.

By the way, this is my debt. Confiding in my DH is not an option.

mummychicken

I have 2 extra shifts booked at work, that is money I never would have had, so it is going straight to the CC.

Have a constant sick feeling and am having trouble sleeping, it must be stress, I feel I have finally reached my LBM.

tiny_courageous

For selling children's clothes, try local facebook selling groups (search for your location and sale, eg glasgow selling or glasgow sale, if you were in Glasgow). If you do bundles you can sell for approx £20/30 per bundle, no fees and buyers will usually collect.

Mr_F_Dorsetty

mummychicken wrote: »

Have a constant sick feeling and am having trouble sleeping, it must be stress, I feel I have finally reached my LBM.

This might sound a bit strange or even silly to you, but you need to stop stressing about this issue or you'll just end up ill and not in work. Stress as we should all know is a possible killer but it is nearly always a real quick way to get sick.

The shorthand is that there is no point in stressing about anything in life. Either you can do nothing presently in which case just forget the issue until you can do something about it, then when you can do something, do it without procrastination - but neither requires stressing about it as that solves nothing.

It seems to me what you're actually stressing about is telling your husband or him working it out, that scares you far more than the debt.

Let's not pretend that £16K on a CC/loans is an easy matter to rectify, you do not say if you have the debt on a low rate but low rates do not last as we all know. If you've got good enough credit to get £16k on a CC/loans, can't you raise a decent personal loan at a sensible rate from your bank for the whole lot? Then at least you'd have some realistic hope of paying it off.

Ultimately who knows, it is your life, you have to do what you see fit. BUT if you have an average sort of paying job with a £16k debt on a CC/loans, my advice is tell your husband now, tonight.

He may well be upset or very upset but if he loves you then you'll sort it out together... that imo is way better than waiting until you have made yourself ill and are eating anti-depressants like sweets and THEN you have to tell him anyway.

Please do remember that no one has shot your dog. the house hasn't burnt down and your head hasn't fallen off - so not too much to worry about really in the scale of life. It's only money not a terminal illness.

Other than that all I can wish you is good fortune... you will find a way through, honest, life never just stops, something always happens so just keep putting one foot in front of the other.

But do try to stop stressing, it'll get you nowhere.

mummychicken

Thank you for reading and replying Mr.D


It is now a week since I admitted to myself I have huge money issues and had my final LBM, I cannot go into details about my LBM but it was a shock to me and gave me a huge wake up call.

Now, a week later I am surprised at how positive I feel. I feel in charge, I have a plan of how much I can overpay the CCs . I have extra shifts booked at work and I finally feel in control.

For the first time in years I am not burying my head in the sand, no longer paying minimum amounts on a road to nowhere.

From now on I hope I am onwards and upwards

mummychicken

I have just sold an item i listed on E bay for £10 !! This is my first ever sale, I listed 7 items (DCs Clothes ) and the other 6 have been relisted. I am pleased as in the past I would have given the items to the charity shop.

That will be £10 overpayment on the CCs .

mummychicken

Sold DDs old Brownies uniform on Ebay for £40 , So, have made £50 in a week !! The money is still pending in my paypal account though due to me being a new starter at Ebay :undecided I am not sure about that but at least it stops me from spending it !

I am now scouring the wardrobes for anything I can sell, previously outgrown clothes would go to charity but now I intend to put anything decent up for sale.

I have an extra night shift booked for tonight, I feel tired and do not want to work but I accept I have no choice, my debts are my responsibility to clear, I will just drink copious mugs of coffee to keep awake .

mummychicken

Have just over £100 in PayPal account from Ebaying.... This is huge for me as I never would have sold in the past, all old clothes went to charity.

I am emptying wardrobes at an alarming rate and the chap in the post office has been great giving me tips on packaging !!

I have had a few expensive days due to family birthdays and Mother's Day but I hope to get back on track this week .

mummychicken

A NSD today as worked last night and slept the day away ! threw all the ingredients for a chilli in the slow cooker this morning so have nothing taxing to do, just cook the rice and relax all evening.

Have my union fees to pay at the weekend, necessary but irritating as never ever used the union but I need to be a member.

mummychicken

As it is sunday I shall confess...... Spent £10 on 2 bottles of wine ! I need a treat .