Joined 31.05.16

enthusiasticsaver

Good news the loan is gone. Good luck with clearing overdraft now. I am sure you will find no longer having that £150 go out every month will make things much easier. At the same time you have discovered that debt consolidation loans do not work in helping you clear debt.

System

Great news PSL , have a good evening .

Poor_Single_lady

Hello all. Thank you for all the help and motivation. This is a bit rambling and boring . Feel free to skip.

I always find the bit between getting paid and bills going out very tricky. Itching to go to Sainsbury's even though I don't really need anything.

Got a bit too much social happening this month. It just seems to snowball and multiply.

This week is
Thursday-drink
and Saturday pub
and possibly Sunday pub followed by pub next Tuesday phew. Hope I can cope! I will need to keep an eye on myself but none should be too expensive. will need to be careful.

I feel so much calmer now the loan is gone. It was making me feel a cat chasing its tail and like I am always losing.
It's gone from my internet banking as though it never existed.

So moving all the other cards aside the current account is in credit but bills are to be paid and I can't see ending the month out of the overdraft - but it is slowly going away and one day it will be paid up.
Loan is gone
Credit card with dad and balance of zero. Best to leave it there. The one linked to my bank has the highest limit. Around this time of year they up the limit so soon will go to £7,500 even though that's clearly not a good idea.

And need to defrost the freezer ASAP. Shouldn't be too far away now. It's a difficult week at work and very busy. Not much time for studying at all.
Need to do a food plan and ironing and sorted for the week.

enthusiasticsaver

That is not good that they automatically put the limit up each year. Good luck with getting rid of overdraft.

AleMrsT

You can call them up and decline the credit limit increase. Before my DMP I called to reduce my credit limit once I'd paid some of the balance off so that i couldnt keep spending on it.

Poor_Single_lady

To be honest the card with my Dad could have a limit of £100,000 and it wouldn't make a difference. I can't ask for it back. My dad is the one entity I am afraid of!
He hasn't asked me why I gave him the credit card or if there is a problem but if I go looking for the card back he definately is going to ask me lots of questions that I do not want him to know the answers to.

The rest of the cards will need to get sorted. But in time. Went to pub earlier, drank too much really. Hoping for none tommorow.

I was reading quite a lot recently on news stories on people who have struggled to cope with the debt and hadn't felt able to tell anybody. Some of these people felt they had no way out but to end their lives. It's quite sad to read this kind of story. I would hope that this is very rare (and I imagine) that the debt free diary page (and wannabee) was set up in efforts to stop people feeling like there is no fix and to give people somewhere to post where people might read it and could offer support without having to actually say the words to people.

The last 2 months have been an outright disaster. It will even out but right now it's very very hard. spent too much on non essentials and now really feeling quite sad about the current situation.
3weeks to payday, but the time to September is long.
Concentrating on overdraft and then Halifax but a bit of me thinks that we might not get beyond overdraft.
Going to reduce the Mr S payment from £100 to the minimum which should save around £40. But still is hard work getting out of the overdraft. I feel like this is the theme of my life.

Verbatim

Well decide now that you won't overspend on non essentials this month!
To be fair your idea of what constitutes 'essential' has changed a lot in the year plus you've been posting so that's a definite achievement. And you've paid off the loan! Just make sure your debt goes down every month and save for the treatments and clothes you want rather than putting them on credit. Simples.

coastalchick

I too always think it's sad to read that PSL. Most things in life can be sorted and are not worth someone taking their life over. I read the other day about some woman who had a shopping addiction because she was unhappy. She wasn't just going mad in Topshop either, she was high end - Versace, Gucci etc. Got herself into so much debt that she had to sell her house and move in with her mother, age 50. But she is now getting back on track. Things can work out if someone is prepared to try.

Hang in there over summer. As Verbatim says, try to make a conscious decision now re non-essentials and try to think of essentials only as food, water, lighting, heat (and we sometimes need heat in august too with the good old british summer time!!)

System

Now the loan has gone, it sounds like you have a plan PSL . One step at a time and the debt will decrease.

Have a good weekend.

Poor_Single_lady

I do have a plan Cumbria but then things happen.
I have an important thing at work and really think I need a new outfit. (I know this breaks the rules Verbatim but it's on Wednesday and I don't think anything in my wardrobe is suitable) so that will be some spending. This is honestly an Investment!

Today- small food shop
Monday- new work outfit and lunch out
Tuesday - possible NSD
Wednesday - possible NSD
Thursday - possible NSD
Friday - small food shop

It does feel better having the loan gone but do need to get out of the overdraft.