if i make a start . then there has to be an end right ?!

mumof3.12kindebt

Faceb**k is a wonderful thing.

Reading replies on a post. And I realised. Since living on my own at 17 I've been lucky enough to never experience being broke. In debt yes. Stupid with money yes. Paid all debts off previously yes. But never completely broke.

It's made me realise how fortunate I Am.

And even more fortunate that it might of taken until now to get my head screwed on but at least i have many years ahead and I'm young enough to turn our situation around.

I will never say I can't afford something again instead Ill be saying to myself I can afford it but I don't need or want it. Because if i really couldn't afford it would be because I'm broke. And while I'm able to pay my bills. Keep a roof over our head pay my heating bill to keep us warm. Afford fuel to get to work and we have a meal and clothes on our back we aren't broke. We are paddling our way through. When we start to drown is when we are broke.

And that is another reason why my debt needs to be gone.
So if i lost my job we could afford our already basic outgoings. Without drowning

mumof3.12kindebt

The remaining balance on the car is what will be left by the time the rest of the debt is paid off. (IE. Includes direct debit payments taken off)

mumof3.12kindebt

Debts to be paid.
November
100 to credit card
100 to catalogue
184 car

December
100 to credit card
100 to catalogue
184 to car

January 2018
300 to catalogue to avoid interest
100 to credit card
200 to family member
250 house fund
150 emergency fund

February
300 to catalogue
300 to credit card
250 to house fund
150 to emergency fund

March
500 to catalogue
100 to credit card
250 to house fund
150 to emergency fund

April
Catalogue paid off
Credit card 600
House fund 250
Emergency fund 150

May to November (8 months)
600 to credit card
250 to house
150 to emergency fund

Remaining on car £4840 after direct debit payments for the months above

mumof3.12kindebt

We have done a spreadsheet document .
which includes 3 spreadsheets
1 for outgoings
1 for debt
1 for savings

If all goes to plan we will have all my debts paid by December 2018

Our outgoings are based on my basic wage.
Any Extra will be split 50/50 . Between debt and savings.

Along with the debt we aim to save 3k in our house savings to get the ball rolling.

I will reevaluate as income changes.
Which I hope to increase in August/sept 2018

This basically goes along with our current plan. And amounts towards debt and savings are around the same as what I've previously posted. Although tomorrow after work I need to make sure the catalogue payments will mean that it's paid off during the 0% periods. And will adjust accordingly.

I was feeling a little deflated earlier. Mainly letting it get too this point of so much debt... I've done numerous calculations over and over again. But it's now decided. It's on a document on my computer and phone. So no excuses not to stay on target.

I just have to keep reminding myself that I will see that debt free date...

I'm just so glad my attitude to money has changed in a good way so much since the start of the year..

These are my 10 steps that I'm taking .

step 1 ~ become more aware of money and my finances and get back in control... Achieved

Step 2 ~ have a plan to get debt free .. Achieved

Step 3 ~ follow plan and pay off debt

Step 4 ~ build an emergency fund to fall back on for those unexpected expenses

Step 5 ~ save to buy . Get on that property ladder before 35 (30 if possible)

Step 6 ~ get a mortgage

Step 7 ~ overpay mortgage

Step 8 ~ aim to be mortgage free by 55

Step 9 ~ be mortgage free

Step 10 ~ go backpacking / travelling

Don't worry though I'm doing one step at a time.

Slow and steady wins the race after all :money:

mumof3.12kindebt

Quick update.

We have around £90 saved in the money box (house box) :money:

mumof3.12kindebt

Managed to bag myself an extra shift at work next weekend. :j
Kids are staying at my grandmas tonight.
We are all going to a party tomorrow tomorrow for my other Nanas 90th birthday. Even better because I work at the home she now lives at I got to greet her as she woke this morningwith the biggest happy birthday.

On the frugal front I have veg cooking away to make baby food.
Today was a nsd
as was yesterday

And today I am feeling better xx

mumof3.12kindebt

Baby food made
Kids picked up by grandma.
Baby awake
Meds course to start.. Going to do that tomorrow. Early night tonight for me
Scrolling Mse to source more information and tips.
Topcashback is on my phone. Along with eBay and shpock.
Target in my head was to make £100 in Oct. We aren't far off that so I'm increasing it too £150 not including any over time

Bring on the rest of October and November. I'm going to be trying even harder than I already have

mumof3.12kindebt

£400 left in budget account with 3 Mondays left

£150 for food
£40 petrol (hopefully won't need as much as this)
£15 nursery fees
£30 car tax
£60 Tabacco (we are trying to cut down ready to quit in January so this will hopefully be less)

So we should see 1st of November with £105 spare. Which will go to the emergency fund ... Here's hoping :money:

mumof3.12kindebt

I dont think there is anything else to come out of that money. I will check my budget tomorrow

Oh music lessons need paying that is what the extra is for I think.

mumof3.12kindebt

few more bits sold stc

Cup of tea and bath for me.

I've decided to go cold turkey With the whole quitting smoking.
After ten years I feel awful after having a fag. (end up feeling really sick) Time to quit.