My rollercoaster and avoiding the huge dips!

Bad_Panda

I am back, with a vengeance. I have had a difficult time of the past year and once again the eye is off the ball... you could say I have been in the woods chewing bamboo instead of watching the bank account.

Instead of wallowing in the depths of despair, I am going to get it sorted once and for all, and will need some help and assistance.

I have a complex set of issues to address, am on a DMP with debts of around 50000. I earn a decent salary but it just disappears.

I've stopped smoking. I've stopped drinking as much. I rarely go out.

My aims are simple but will take lots of work and resolve and I will need some help.

1. Declutter and get rid of stuff I dont want or need.
2. Get an emergency fund.
3. Get sorted for Christmas
4. Get a promotion.
5. Get necessary work done on the house.

My first challenge is called "Money for nothing" and its what I make from Ebay, Matched betting and the like (matched betting only for first week of the month while i have the funds to cover from the bills money)

Any advice and assistance is most welcome. Any money making suggestions will be gratefully received

My debt start figure is £49, 790.

Bobarella

Hello BP I wondered what had become of you. Good luck with your aims.

Bad_Panda

Cheers Bob, everything went Ti+s up for me for a while but I am back to normal ish now


I shall look you back up and be a better online friend.:)

Just a quicklie today after a bit of a mental weekend...

Money for nothing update, £9 in coppers bagged up and £12 in ebay sales thus far.

Ive also decluttered 2 more cupboards and am starting on the loft!

Bad_Panda

Sold another piece of tat or precious item on eBay! Listed another 17. I don't know what's more tiring finding these things or typing up flowery descriptions of gcse German revision guides. I'm struggling for adjectives for shoes which hurt me because I wore them once and for which I harbour an irrational mistrust and hatred, which will make others fall in love and want to part with a tenner for them. They were forged by evil in the belly of the earth, but will set off your autumn outfit delightfully...

Bobarella

Ha ha ha brilliant description!

Bad_Panda

Hehe- I admit I am struggling to wax lyrical at times but some listings are almost Tolkeinesque both from a descriptive and a fantasy perspective, yet I have remained honest. The effect of cleaning out cupboards is cathartic, I feel so much better knowing whats under my stairs. The eBay hamper is full to bursting and more shall be listed today - from Duvet sets to sequinned shoes, paper watches and DVDs. No new sales but bids received to the tune of £30 - that doesn't end til Sunday. The amount of work I have done so far is not reaping much reward apart from the journey itself of course.

The promotion aim has ground to a halt. Basically my business is in trouble and no one is being promoted til January. Its impossible for me to realise that aim before Christmas

I will just need to get on with the rest

Bad_Panda

Stoptober App tells me that so far I have saved £153 by not smoking.

This will form the start of the emergency fund.

How much should my emergency fund be? Should it be a months income? if so I wont manage that til after Christmas either - but might aim for 50% of it

Bobarella

Wow nice savings BP!

Bad_Panda

Cheers Bob!

Thanks to lovers of tat UK wide, I have boosted my eBay sales to a princely £59.29 as a book a coat and a DVD sold and paid for at the weekend. There is still £30 yet to be paid for too. Ebay seems to be the backbone of my money for nothing scheme. I must investigate some other methods!

I won't be forgetting the eBay fees and will knock it off on payday when I will settle the fees.

Right now due to sh1tty money management, this money is getting our groceries in - so the money saved by not smoking will be ferreted away on payday.

50% of it will be used for my emergency fund and 50% will go for next years holiday fund.

Im off to see what the best survey site is - and read the boost your income thread!

Eek- exciting

Bobarella

That's beaut eBay sales!

Bad_Panda

Another £40.90 in! Keep losing my connection and this is the third attempt to post grr.

Possible another £160 to come as a fair bit interest in a rare item

Fingers crossed