£29,303...Enough is enough!

WelshKitty85

Progress report


PPI letter posted (dont think I’m owed anything but worth a try)
Refund received for item not received case
£2 sale so far (and 2 no show as I expected)

To do:
Weekly shop (using vouchers to keep spends to a minimum)
Carry on decluttering and listing items for sale
£98 additional income still to find

WelshKitty85

Woohoo...weekly shop done for a grand total of...£6.95!! :j :j

Now, this wont be the price of our typical weekly shop :rotfl: . It was a combination of meal planning using up store cupboard supplies, using vouchers to the max and shopping at 2 different supermarkets. 1st shop was 10 jars of baby food, usually 80p each, on offer 10 for £6, plus 4 school dresses reduced to £1 each. Used £4 baby food vouchers, and £5 supermarket voucher to get it all for £1! Second shop was weekly essentials, stocking up on flour, yeast, butter instead of bread, cakes etc, then a £2 off £20 spend voucher and a £20 supermarket voucher, bringing the total to £5.95.

Just to add, we wouldnt normally buy jars of baby food, but due to DS3s allergies (to we dont know what) its handy to have something in the cupboard that we know he can eat if he reacts to my cooking!

In other news another sale worth £10, so now at £12 towards my weekly target of £100.

brizzlegirl

Just popping by to say keep posting and keep up the good work. Focussing on the M&S card is good as is chasing the credit card company for redress.

Best of luck with it all. If your SOA is accurate then I am well impressed..things like £200 for groceries for 5 of you is pretty darn good in my book. You'll get shot of this debt in no time..

Brizzle x

WelshKitty85

brizzlegirl wrote: »

Just popping by to say keep posting and keep up the good work. Focussing on the M&S card is good as is chasing the credit card company for redress.

Best of luck with it all. If your SOA is accurate then I am well impressed..things like £200 for groceries for 5 of you is pretty darn good in my book. You'll get shot of this debt in no time..

Brizzle x

Thank you.

Yes, as long as DH doesnt come shopping with me, I usually manage a weekly shop from Aldi for £40-45. I try to go early morning so can usually get a haul of half price goodies. When DH comes along all sorts of things tend to jump off the shelves into the trolley! :rotfl:

WelshKitty85

Started the day feeling plenty of Mum guilt. The school holidays have got off to a bit of a drab start and while Ive been stressing over finances, the kids have been left to their own devices, a mixture of staring at screens and playing out with friends (although for DC2 this meant a whole day in his friends hot tub so not sure why Im feeling guilty about that). So I packed up a picnic and took the little people to the outdoors pool, park and beach. All free and theyve had a blast. Had to drag them away as we have the dentist this afternoon.

2 more sales today, an extra £22.50.

Toni'sfriend

When DH comes along all sorts of things tend to jump off the shelves into the trolley!

I find that chocolate is very good at that.

PositiveBalance

WelshKitty85 wrote: »

Ive made a phone call today to chase up the S75 claim. They say I should have a letter by 2nd Aug and they aim to resolve it with 60 days, so end Aug/beginning Sept it should be resolved. My car makes up the bulk of the remaining £20,000. I have thought about downgrading but dont know where I stand ending the finance agreement and don!!!8217;t think I have equity in it to sell it and pay off the finance.

How much, exactly?

WelshKitty85 wrote: »

DH actually got a previous job from a family friend but it ended when they stopped paying him. To date they still owe him around £2,000. We took them to court, sent enforcement to the house etc and they took out an IVA so we!!!8217;re now getting payments of around £6 a month.

He!!!8217;s just taken a call and has work tomorrow :j

That's crazy (in a bad way) but glad to hear that he has work

WelshKitty85

PositiveBalance wrote: »

How much, exactly?

Around £16,000. I’ve had cheaper second hand cars previously but the last one had problem after problem and would have cost us thousands just to get it through an MOT so we took the decision to get a nearly new car that doesn’t need an MOT for a few years, comes with a warranty and 5 years servicing. I do lie in bed thinking about phoning the finance company and asking if I can hand the car back but that’s a last resort if other debt busting options don’t work.

PositiveBalance

WelshKitty85 wrote: »

Around £16,000. I!!!8217;ve had cheaper second hand cars previously but the last one had problem after problem and would have cost us thousands just to get it through an MOT so we took the decision to get a nearly new car that doesn!!!8217;t need an MOT for a few years, comes with a warranty and 5 years servicing. I do lie in bed thinking about phoning the finance company and asking if I can hand the car back but that!!!8217;s a last resort if other debt busting options don!!!8217;t work.

To be honest, given that this represents such a huge percentage of your debt and your husband's precarious work situation, I would find a way out of this car ASAP. I'm sure there are better people in these boards than me to discuss car finance with you as I know nothing about it but there's an American finance exert called Dave Ramsey who would be worth listening to about this. Look him up on YouTube.

If you car is still worth what you paid for it, you could sell it, pay off the finance and save up for another. If you need a car and couldn't wait for another you could save up for one first but I'm not sure if that's feasible for you right now. If the car is worth less, you would need to have the difference to hand to be able to pay off the finance. I don't know if you could get a loan at the minute for the difference so you might have to be creative with looking for other solutions to that.

You had problems before the car, but nowhere near to this extent. Please seriously consider getting rid of it. It's clearly playing on your mind if you are lying in bed at night thinking about it.

WelshKitty85

PositiveBalance wrote: »

To be honest, given that this represents such a huge percentage of your debt and your husband's precarious work situation, I would find a way out of this car ASAP. I'm sure there are better people in these boards than me to discuss car finance with you as I know nothing about it but there's an American finance exert called Dave Ramsey who would be worth listening to about this. Look him up on YouTube.

If you car is still worth what you paid for it, you could sell it, pay off the finance and save up for another. If you need a car and couldn't wait for another you could save up for one first but I'm not sure if that's feasible for you right now. If the car is worth less, you would need to have the difference to hand to be able to pay off the finance. I don't know if you could get a loan at the minute for the difference so you might have to be creative with looking for other solutions to that.

You had problems before the car, but nowhere near to this extent. Please seriously consider getting rid of it. It's clearly playing on your mind if you are lying in bed at night thinking about it.

It’s definitely something I’m thinking about. I don’t know how we’d make it work as I need a car (we’re not a bus route for DC2s school or my work etc) and won’t be able to get any more finance (I’ve done the eligibility checkers). My priority is making savings in others areas and upping our income, but I’m not turning a bling eye to this completely.