Small Steps Out Of Massive Debt!

GeorgianaCavendish

Naomim wrote: »

It is all a bit of a waiting game isn't it? Are the fees much more expensive to list as Buy It Now/Best offer? I was very disappointed a pair of 11yo's Gap jeans only sold for 99p considering they were £20 brand new and hardly worn.

Send your OH my way! I love a sparkly bathroom but not much chance of that with my lot. :eek:

Naomi x

To be honest, I'm not sure about the fees. Buy It Now/Best Offer is free when listing (same as auction) but I need to work out if the final selling fees are charged at a higher rate than auction items. I had a similar experience with a barely worn Boden dress than sold for £4.99 (starting price) but cost a lot more than that when new. I remember that years ago it was possible to make lots on ebay auctions but I think now I'm better off using Buy It Now/Best Offer because shoppers don't have the patience to wait for an auction to end. I sell very few items at the Buy It Now price but I tend to price that about £5 - £10 higher than the lower end of my price range. I think I'll try this for 30 days, then list anything that doesn't sell in auction, and if that doesn't work then charity shop.

I'm still in a bit of shock that my husband took it upon himself to clean the bathroom with no prior discussion. He even re-organised my cosmetics and cleaned all my make up brushes :eek: (I double checked that used the proper stuff and didn't just use the bathroom cleaner before I used them again though :rotfl: ) However, our washing up tally for the last few days is me - 7 times, him - 1.5 (got bored half way through and wandered off!) so he's definitely resting on his laurels over the bathroom.

mummytogirls

Evening GC,

I agree re the eBay and buy it nows. Selling things on auction too cheaply just isn't worth it anymore.

Yay to OH doing his spot of cleaning! xx

Bobarella

How nice to have a house proud hubby:T:T

GeorgianaCavendish

Just checking in

Work has been ridiculously busy this week so I haven't had a chance to post much. I've noticed small changes in my habits are starting to take root though, now the idea of not bringing lunch to work with me seems crazy! And meal planning is definitely a winner. I think we had to get our heads around the concept that doing these things doesn't mean we're taking second best, it is really nice to plan a lovely meal and have all the ingredients already in the house, and we're doing that every day Much better than grabbing something expensive and not so tasty from the supermarket or ordering a disappointing takeaway.

I've got to dash now, have meetings most of today ... including one later about my bonus. The suspense!!

boxofpaws

Ooh, tell us about your bonus:p

kittykatneedscash

Just read through your diary and you sound to be doing great!

GeorgianaCavendish

Total debt (excluding Student Loan) is £ 34,662.64

HSBC Personal Loan : £12877.06
Interest rate 8.9%, 34 payments left

Credit Card Balances

HSBC £2357.14
Interest rate 21.9%

MBNA £7790.53
Breakdown as follows
£543.75 @ 10.9% (rate ends September 2017)
£541.28 @ 10.9% (rate ends October 2017)
£969.49 @ 10.9% (rate ends November 2017)
£4149.31 @ 23.9%
£1586.70 @ 27.9%

Barclaycard £10,112.28
£629.36 @ 27.6%
£9,482.92 @ 18.6%

Catalog £722.63
Interest rate 17.9%

Furniture Finance £603
Interest rate 0%, 7 payments left

Holiday £200 left to pay
Interest rate 0%, must be paid by 25th April 2017

GeorgianaCavendish

It has been all quiet on my diary for a little while because we've got a major project going on at work. I just wanted to pop on and update all my March Debt Totals because my statements have all been updated for the month.

I did some more digging on my MBNA promotional rate and discovered that there are actually three separate rates which end in September, October and November, so have updated this information.

I'm amassing a decent chunk of money from eBay sales and I'm really looking forward to making an overpayment on credit card debt at the end of this month (together with bonus money which I'll update on later).

Apart from getting rid of a chunk of the MBNA debt, I'm really looking forward to my Barclaycard balance going under £10,000 and my catalog balance going under £700 next month. It will feel like such an achievement!

Have a good week everyone! I'll be back soon once this deadline is out of the way.

dktreesea

Hi GC,


Congratulations on your LBM. I have been in your position, using shopping therapy to overcome depression, with twice as much debt as you have amassed. The banks loved it. At one stage one of my credit cards had a limit of £18k. Now that I am in my fifties, I hate things with a passion, don't bring anything into the house unless there's an equal volume going out of the house, and celebrate every foot of free floor space I create each month. I don't really even shop for enjoyment now because everything I like gets the question "Do I need this?" and even if the answer is yes, gets further interrogation "Why exactly do I need this?"


I still occasionally have a coffee out, (Waitrose, free but our Waitrose requires a purchase. No problem - they're the only supermarket in town that carry Vogels bread) but invite friends over rather than meeting them at a coffee shop. They get fruit salad as a dessert instead of cake.


I was wondering about your £90 a year annual fee for the anti virus for your computers? This seems way over the top for me. We use Kaspersky, £12.50 a year digital download off EBAY for 5 computers. If you only had two computers that need it, it's around £8 a year.

JoJoC

It must be a time for deadlines and work-related busyness, because I'm the same at the moment! Currently procrastinating, putting off doing something tricky, but I'm going to make some notes and plans and get back onto it in the morning. Hope you get through it all