On a Mission

Mummy_bear

Thanks @Kitten868 feels amazing.
Still a high amount by most people's standards though but in just under 3 years we've paid off just short of 80% of our debt 😁😁


Signature reads as
£36512.05/£46444.23.   78.61% paid

Kitten868

I don't think it's high compared to the average bunny. Don't undermine your successes. I'm so pleased for you that you can still remain focused on getting rid of these debts in the hardest situation! Staying committed so long and seeing it all coming down to now being one less digit is huge and it's all your hard work. Be proud. 
I've been here longer than you and yoyoed all over the place with debt. Just keep focusing on coming out the other side and saving xxx

DancingInTheRain

Sub 10k is just fabulous, well done you! 🎉

Mummy_bear

Thanks @Kitten868 and @DancingInTheRain
😊😊

It was my payday on Friday just gone. I was chatting with my colleagues about finances. It's not a topic ever instigated by me I should add. It all started with everyone talking about the fact its payday and they're already poor and living in an overdraft. They were all very blasé about it.

It made me really reflect because I can proudly say that I am not in that category anymore. I didn't divulge the details of my finances but I did say we no longer have an overdraft and that I have saving pots for lots of different things. I was laughed at initially for being so organised... But then they were all interested in what exactly I do!

I hope I've helped at least one person in that group, even if it's just to make a plan.

MB

Moneywhizz

You have had an amazing journey paying off all that debt while being on mat leave and having four children to take care of. Just think it could be gone within the year if you carry on at this rate and then you will have so much more money for your future plans. You have done so well and stayed so focused. On another note, I am not sure why your mum wouldn't be able to look after the children if your husband has to go back to work. She is not at all elderly and unless she has underlying health conditions I don't think the guidelines say that she can't look after the children. Childminders are allowed to operate with children from the same family so why not your mum? I think we need to be able to use good sense in situations like this. If my son-in-law has to go back to work I will be looking after my grandchildren even though I am a good bit older than your mum. Good luck with your continued work to clear your debts. 

enthusiasticsaver

Under £10k is great and you are now so organised with finances.  I agree with Moneywhizz that the government guidelines make no sense so we are minimising risks but are now looking after our pre school grandchildren while my DD and her husband work from home. My DD (and us) would rather they came to us to be looked after rather than going to a childminder (which is allowed now) or nursery which opens in a few weeks time.  We are all isolating as far as possible and we still maintain social distance from our DD and her husband who do not come into the house but just drop the girls off at the door. I fall into the same category as your mum.  Not elderly and no underlying health conditions so not shielding. It makes no sense that you can allow a cleaner or estate agent in or send children to a childminder who must be exposed to their own family and other children they are looking after but a perfectly healthy grandparent cannot look after their grandchildren.

Mummy_bear

The only issue I see with my mum helping out is my children are not the only grandkids she helps with. She also helps withy sisters 4 children... (yes we've had lots of kids between us 😂🙈). I don't want to cause a family issue of my mum potentially choosing.

Although my sister is so far not sure about sending her eligible children to school, if she did and my mum were to help out then my mum could be taking all the other kids with her to school to drop of 2 children.

It's such a mess at the moment.

So far it's not a decision have to make but it is causing me a little worry about the logistics. 

Moneywhizz

Oh your mum would be brave to look after 8 young children! Maybe your normal childcare options will be operating by the time your husband has to go back to work. It is a worrying time for everyone just now and like ES I am trying to weigh up the best way forward for keeping us safe but operational , rather than following the guidelines from the government which don't really make a lot of sense. Hopefully things work out for you. 

Mummy_bear

Morning
Another month has passed by. I've just realised I've had this diary for 3 years already 😲 over 37k paid off in that time.... Just wow 😞


Things are still ticking along. DH remains on furlough but he could be returning soon. We suspect his first day will be the twins 2nd birthday. Their birthday is this coming Monday... How the... 2 years old. I still can't believe I have twins hahaha. Although you wouldn't think they were by sight, they're so different. 

Their main present will be a balance bike each. Managed to get one for £20 each in a sale. It's becoming increasingly obvious that for the time being they will want the same as each other when it comes to toys! 

Anyway, on to debt update. Still going in the right direction. 


HSBC CC £1520 £505 paid off 

Tesco Loan £2726.72 £230 paid off 

Santander Loan £1243.6 £155.45 paid off

M&S Loan £2481.44 £155.12 paid off

DH MBNA CC £764.85 £150 paid off

Total debt paid off in June £1195.57

Total debt as of 20th February £13465.89

Total debt as of 19th March £12285.32

Total debt as of 20th April £11112.75
Totsl debt as of 17th May £9932.18
Total debt as of 17th June £8736.61 ☺️

Kitten868

Brilliant work! The debt is shrinking so quickly now. 
I would expect your DH to go back to work on their birthday. It always works out that way. So annoying. 
Keep going! 3 years down and so little to go xxx