We need a cow......
mitch2509
Forumite 42 Posts
I swear we need a cow with the amount of milk we get through! 6 pints a day = £45 a month I wonder if this is where most of our debts come from.
I'm not much of a writer and my spelling is awful so I appoligise if I make your eyes bleed.
We are a family of 6 plus 2 dogs, 2 rabbits and numerous fish, we have been in debt twice before this and have not learned our lesson so this time were debt busting the long way with the hopes we will learn to live within our means.
I'm not doing an SOA as I've read enough diaries to know what we should cut but I'd rather keep sky as we never go out drinking or for meals (except birthdays) and we don't smoke. We save quite a lot of money each month birthdays and Christmas as these are the only times we spoil our kids. I use YNAB every day and have done for a good couple of years so I have a good handle on what we spend and where.
We have a Caravan as we both work full time and this is our pleasure but when we Caravan we go on cheap sites and take the food we would have used at home.
My OH earns a decent amount of money and as I'm self employed my earnings aren't bad either but this has only been over the last 12 months that our money has gone up and given us a breather!
Our debt busting plan can't start until end of July as we have loads to pay out, like car and Caravan services, main family holiday etch but these are all budgeted for and I can still make the minimums on our debts.
From July payday I'm going to be paying the minimums on our debts which is £830 plus the £150 that is left from my OH wages and then all my earnings can be sent to debt payments as well (I'm going to do this bit dailey as and when I get paid). Our dfd is 2 years away if we only pay £1200 a month (including minimums) which is the lowest we Will ever pay (fingers crossed).
This diary is to keep me accountable and so I can track my debt busting, when I can figure out how to do my signature I will put my debts on there.
I'm not much of a writer and my spelling is awful so I appoligise if I make your eyes bleed.
We are a family of 6 plus 2 dogs, 2 rabbits and numerous fish, we have been in debt twice before this and have not learned our lesson so this time were debt busting the long way with the hopes we will learn to live within our means.
I'm not doing an SOA as I've read enough diaries to know what we should cut but I'd rather keep sky as we never go out drinking or for meals (except birthdays) and we don't smoke. We save quite a lot of money each month birthdays and Christmas as these are the only times we spoil our kids. I use YNAB every day and have done for a good couple of years so I have a good handle on what we spend and where.
We have a Caravan as we both work full time and this is our pleasure but when we Caravan we go on cheap sites and take the food we would have used at home.
My OH earns a decent amount of money and as I'm self employed my earnings aren't bad either but this has only been over the last 12 months that our money has gone up and given us a breather!
Our debt busting plan can't start until end of July as we have loads to pay out, like car and Caravan services, main family holiday etch but these are all budgeted for and I can still make the minimums on our debts.
From July payday I'm going to be paying the minimums on our debts which is £830 plus the £150 that is left from my OH wages and then all my earnings can be sent to debt payments as well (I'm going to do this bit dailey as and when I get paid). Our dfd is 2 years away if we only pay £1200 a month (including minimums) which is the lowest we Will ever pay (fingers crossed).
This diary is to keep me accountable and so I can track my debt busting, when I can figure out how to do my signature I will put my debts on there.
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Replies
could read your post fine and i wouldnt notice spelling as its not my strong point either!
sounds like you have a plan , good luck with getting out of debt
I cant spell either
**Credit card debt free 30/06/10~**
MFW. Finally mortgage free February 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb.
It starts with you, it starts from now. *** It is ok to be me.***
***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
So today I've cut up all credit cards and I'm thinking of burning them as some sort of ceremony !!!55357;!!!56834;
It's a massive amount of money it's £550 a year!
**Credit card debt free 30/06/10~**
MFW. Finally mortgage free February 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb.
It starts with you, it starts from now. *** It is ok to be me.***
***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
Crickey it's a bit shocking but doable and I'm not going to let it scare me. We can do this and hopefully within 2 years.
So today I got a £5 tip from a client and paid it straight off the CC.
Love this forum it's brilliant for ideas and motivation!