Joined 31.05.16

lulabelle

keep going PSL. You will get there in the end. Planning is the key. Remember: I have been where you are and I am now debt free and in fact, have savings (well, those will be diminished when buy new house but never mind!). You can do it. Just keep planning and plodding x

[Deleted User]

Just try to keep the focus PLS.

You are getting there like me, slowly & surely.

Once you get rid of the loan that will be a massive milestone for you.

Dxxx

reality_check

This is a method I am going for this month, and have done a few times before and seems to work....

Food/petrol/travel/clothes/beauty whatever budgets you have for the month apart from bills, pay it to your credit card when you get paid and then spend off your credit card when you need it. It makes you think more about spending as you know how good it feels seeing your balance go down and I think it makes you really think about purchases....

I've not saw this method recommended anywhere so probably can't be that good a plan, but kinda works for me, so might for you...? xx

Poor_Single_lady

Thank you lovely ladies.

When the loan is paid I am going to keep rigid spreadsheets and budget and plan and monitor.
No more loans.
New plan from 28.3.17

I know people always say cut back on food budget but I have found it a lot of work for not much gain. I like the cooking bit but even basic fruit, veg, bread, milk and pasta is still quite expensive so I am going to budget £110 per month on food as part of my budget.

Thank you all for the encouragement. I am getting there.

Verbatim

I think you're pretty frugal when it comes to food psl! It's just clothes, evenings out, toiletries, lunches, beauty treatments, hairdressers, work clothes, drinks after work, dating sites.....��

[Deleted User]

Hey PSL.

People on here will probably think I am a bit of an enabler with you, but if you think the things you spend on are important enough for you then keep at it & make savings if & when you can.

Not long now till the loan is gone!

I managed to get all of my debt on to the one CC, just waiting on the balances to clear then I am closing down one of the CC's.

So happy!!

Dxxx

Poor_Single_lady

I am going to get there but I need to get there with highlighted hair and some new outfits.

A new interview outfit makes you have faith in yourself and installs belief that you are able to do the job and you deserve to be there. If you look at the people in the business district of London it is clear honestly clothes, coats, shoes and bags matter.
We are all treading different journey. My job demands some spending
9 days to payday.
37 days of loan.

I don't think you are an enabler Dolly, but i think it might look like I am making mistakes in my journey. Which i am but Separately there are some things which I do need which other people might not understand.
My job pays for everything in my life, if I don't invest in it then I will find it harder to progress and manage which will lead to stress and unhappiness.

I am going for lunch with friend tommorow and then minimal spending to payday on 27th.

GoingToDoIt

Hi PSL
I do think that I understand that you need "some" investment in yourself. I work in a professional setting however not in "the City". There does need to be a level of looking the part unfortunately. Sometimes a premark outfit will just not cut it.
Whilst some spends like match.com might seem like a splurge, you're never going to get these years of your life back so you may as well do it now. That £60 won't knock a month off your repayments. And you are paying down your debt, reducing your eating out and nights out. You do need to have a life too whilst repaying your debt.
There's a lot of benefit in doing a budget but you have to come round to that way of thinking in your own time. Right now you are focussed on the bonus, the end of the loan. As a first goal that's ok. You're on the right track, your debt is coming down and you're finding your feet in the debt busting journey.
It's a bit like dieting I think- no point cutting out sugar, carbs etc just eating salad and steamed veg and wondering why you have a doughnut binge by day four, better to just accept that you will eat a choc bar every day but make it a smaller one, and eat a bit more veg and less fried stuff. Much more likely to work!
Slow and steady wins the race! It's debt repayment and money re-education, not sack cloth and ashes until debt free
Never stop trying
Gonna

lulabelle

GoingToDoIt wrote: »

Hi PSL
I do think that I understand that you need "some" investment in yourself. I work in a professional setting however not in "the City". There does need to be a level of looking the part unfortunately. Sometimes a premark outfit will just not cut it.
Whilst some spends like match.com might seem like a splurge, you're never going to get these years of your life back so you may as well do it now. That £60 won't knock a month off your repayments. And you are paying down your debt, reducing your eating out and nights out. You do need to have a life too whilst repaying your debt.
There's a lot of benefit in doing a budget but you have to come round to that way of thinking in your own time. Right now you are focussed on the bonus, the end of the loan. As a first goal that's ok. You're on the right track, your debt is coming down and you're finding your feet in the debt busting journey.
It's a bit like dieting I think- no point cutting out sugar, carbs etc just eating salad and steamed veg and wondering why you have a doughnut binge by day four, better to just accept that you will eat a choc bar every day but make it a smaller one, and eat a bit more veg and less fried stuff. Much more likely to work!
Slow and steady wins the race! It's debt repayment and money re-education, not sack cloth and ashes until debt free
Never stop trying
Gonna

Very wise words. I agree, it's baby steps rather than cold turkey that will win the day

GoingToDoIt

Verbatim, I'm not sure you're posting in the supportive, non-judgemental spirit of the forum.