The 300k debt-free diary!!!

hypno06

Free money - don't ya just love it :j

I did my spreadsheets for the next three months from November. The scary thing is that I have done November, December and January - so I am now looking into 2008 :eek: . In MY mind, I am still stuck in about February 2007 - where HAS the year gone.......perhaps I am just getting old:rotfl:

chocaholic110

Great news on the topcashback money. I got my car insurance for £100 after the cashback which amazed everyone at work, but when I told them about Quidco they decided it was "too much trouble" or "too good to be true" and didn't bother. Oh, well, their loss!

I have kept a note of the "free money" I've received but in various places in diary and haven't totted it all up. Would be interesting to do and find out. Will make that a task to do when I have a completely tidy clutter free house (probably around 2011 then!)

pandapaws

SOOOOOOO glad that MSE is up and running again. Since it has been off, I've spent a fortune. Coincidence or bizarre phenomenon?!

Spent the morning getting the house spotless again as we had a viewer booked for 2pm, but just found out she's not coming as she's expecting a baby in 3 weeks and been taken into hospital to check out low blood pressure. How inconsiderate!!! I don't mean that - I really do hope she's ok (and not just so she'll make another appointment while the house is still clean!). Got a free afternoon now, so we're going to break our own golden rule and go look at a house we want to buy despite not being in a position to do anything. Hoping I hate it, as it is too expensive!

While we were offline, I made that mega-spreadsheet I've been talking about, and -- get this -- my DFD has come forward to June 2012! WOO-HOO!!! Not sure how, as that includes the £5k new car, but I'm sticking with it! Lunar, or anyone else, if you want to see it, drop me a line. It isn't really adaptable at all, but if it helps to see what method I've used then you're welcome to a nosey at it!

Also got boiler cover from British Gas (been on our to-do list for a while) for £28 a year after the Quidco £80 cashback. Well worth it! And did a matched bet, just to make sure I could remember how, and made £22-odds. Got my son's 3rd birthday and Xmas pretty much sorted out by getting some really good bargains - about £40 all in (we've already got him some bigger stuff, but did well at findingthings he'll like that come in big boxes that are cheap! Oh, and I bought a gorgeous Billy-Bag handbag. D'oh!

hypno06

Hi PP :hello:

I too have been playing around with spreadsheets this weekend - they still don't balance though, sadly!

Can you email me your template through for me to have a look at, and see if it would accommodate all my masses of "stuff" in any way?!!

Sorry that the house viewing fell through today. I really really hope that you dislike the house you are looking at this afternoon!

lunar

your totals are coming down nicely, glad you have got under that origional total, its such a good feeling when that dfd comes down, even a tiny bit. i get obsessed putting it all into the snowball to try and get the date lower. Would love to see the spreadsheet, im sure you did a better job than i did with mine.

you have done really well on cash back offers, im waiting for about 100 to come back from topcashback, and about 5000 points from pigsback. hope that the lady rebooks the appointment to view the house, all that cleaning for nothing!

so glad we have our site back!

bridget81

hope you dont mind me posting, i've just noticed your thread and read threw it all, so thought i'd post you something! congratulations, i bet your so excited.. and at least you have the most expensive items already, pram, high chair etc. i've kept all mine just in case and my little'en is 2 & 1/2..
i find reading through everyones stories so inspiring and they help me to keep on track, although things went pear shaped when site went down!

tyllwyd

pandapaws wrote: »

I'm actually hoping to get a bit of a tax rebate against the PAYE I've paid out since I went back to full-time employment in Feb. The business set-up expenses were so high, and for various reasons (mainly laziness and employee sickness) we didn't do nearly half as much work as we'd wanted to - I think that so long as the accountant does his job well, we'll show a loss for last year. I'll have to pay the accountant at some stage, reckon it'll be a few hundred quid, but will worry about that when it comes around. All my overdrafts are back at zero, so while I don't want to get any more debt, rather than having savings while I have so much debt, I've paid off what we can and will borrow again if necessary off the ODs. Not done all the work for the tax return yet so don't have much of a clue how much profit/loss there'll be - that's really bugging me, and needs to be done very soon.

If you've got an accountant looking after it, that sounds good. I am a bit confused about the money that you are taking out of the business in your SOA - you haven't listed any business expenses, so I'm assuming that it is all profit? Are you running a limited company or are you a sole trader?

pandapaws

tyllwyd wrote: »

If you've got an accountant looking after it, that sounds good. I am a bit confused about the money that you are taking out of the business in your SOA - you haven't listed any business expenses, so I'm assuming that it is all profit? Are you running a limited company or are you a sole trader?

It's fairly complicated to be honest! I'm just a sole trader, and had an employee. We rented an office and bought shed-loads of stock...and then didn't really bother listing much of it!!! So we're still selling some stuff, but the stock purchases have already been bought and paid for (on credit cards, obviously!) so all that's coming in now is profit apart from the Ebay fees, postage etc.

I don't include any of those in my personal SOA as they all go in and out of my business bank account, and anything that is left over each month comes to me - it would complicate it beyond belief to include that in my SOA, so far easier just to ignore it all as a seperate entity and include the drawings as additional income as & when.

As I say, accountant is hopefully going to sort it all out for me anyway and I'm hoping that because we definitely made a loss for the last year that I won't have a tax bill to pay and that I'll maybe either get some of the PAYE back that I paid when I started work in Feb, or that the loss will carry forward to this year (which there may be a bill for as I haven't had many expenses). Will worry about it all when it happens!

Hope that makes more sense!

pandapaws

To answer your Q directly: the money that I'm mentioning in my SOA isn't profit, but rather recovery of some of the losses that were made last year. I count it as income because it is money coming in to pay towards the amounts that I owe.

You're not a tax inspector tyllwyd, are you? _pale_
Nothing to see here!:D

pandapaws

bridget81 wrote: »

hope you dont mind me posting, i've just noticed your thread and read threw it all, so thought i'd post you something! congratulations, i bet your so excited.. and at least you have the most expensive items already, pram, high chair etc. i've kept all mine just in case and my little'en is 2 & 1/2..
i find reading through everyones stories so inspiring and they help me to keep on track, although things went pear shaped when site went down!

:hello:Hiya Bridget! Wow, that must have taken a little while to read - hope it didn't bore you to tears!!! Thanks for posting and the encouragement!

You're right about having all the stuff for baby - went totally overboard first time, and kept the lot (my 1st must have been about 2 and a half as well when I fell pregnant 4 or 5 months ago - watch out!!!), so going to have everything and then some, unless it's a girl, in which case I need to buy a LOT of pink Dylon! Another 9 days to go until we (hopefully) find out...