New Post Advanced Search
Important update! We have recently reviewed and updated our Forum Rules and FAQs. Please take the time to familiarise yourself with the latest version.

Why Walk When You Can Fly

edited 11 September 2018 at 10:18AM in Debt Free Diaries
566 replies 32.7K views
Purplemumof2Purplemumof2 Forumite
7.8K posts
Part of the Furniture 1,000 Posts I've been Money Tipped!
✭✭✭✭
edited 11 September 2018 at 10:18AM in Debt Free Diaries
Time for a new diary, although not at the end of 2018 yet, my plans put in place at the beginning of the year, haven't quite gone as planned....like most things :)

Title of my diary comes from a Mary Chapin Carpenter song of the same name and the lyrics are rather apt to the present moment, it symbolises life and at ahem (42, shhhh!! Don't tell anyone) it resonates with me.

Debt as it stands:

MBNA: £5960 0% Sept 2019
BC: £40
Lloyds: £10,000 - 0% April 2021
Lloyds OD: £2750

Grand Total: £18750.00

So whilst that looks horrendous, it is manageable.

Pots:

General - This is my default pot - will be used as my emergency pot
DD's Travel - Yearly
Overdraft - Will make a monthly payment until I hit target
CC Overpayment - Same as above
Cars - Again as above but no set target, will be used for all things car related
Household - Everything house related - may include Quarterly and Yearly bills??

Good Things:
  • Capital One card has gone along with DS's misdemeanour from last year, this one I was adamant was going this year.
  • We've paid off over £7K off the debt this year. Most of that was because of DH's commission and general saving up but also due to Surveys
  • Car is finally sorted :)
  • Lounge has been decorated
  • Pots set up
  • DS has finally settled down in school (I hope!)

Bad Things:
  • The debt has increased - probably by what we already paid off, not sure.

The good outweighs the bad, which means that things are going the right way.
Official DFW Nerd Club - Member no. 791 - Proud to be dealing with my debts
BC: £7070.00 :mad: Lloyds: £7850.00 :mad: MBNA: GONE :)
Feb LTW 2/20
PAYDBX 2020 #041 PD £298.03/£8000
Xmas Pot £52.85/£500 ~ EF £280/£500
20p Savers 2020 :) £2 Savers 2020 :) 50p Savers 2020 :) SPC 13 2020 #003
«13456757

Replies

  • hugglemonsterhugglemonster Forumite
    931 posts
    Fourth Anniversary 500 Posts Name Dropper
    ✭✭✭
    Yay to a fresh diary, you done so much and even though the debt has increased it's not due to frivolous spending, good luck with the next chapter!

    H x
    Debt: New credit card £2291.82 now £2790 Car - Purchased £11,518.40 now £1278.21 Barclays loan 3000 now £1150.59
    PAID - Loan 2 £2200 Computer £646.52, Overdraft 1 £2200 Dad £300
    Emergency fund: £50 General savings: £50
    Aug 2019 starting debt 13,111.79 current debt £5481.68
  • Purplemumof2Purplemumof2 Forumite
    7.8K posts
    Part of the Furniture 1,000 Posts I've been Money Tipped!
    ✭✭✭✭
    September
    • Lunches to work - at least 20 days achievable
    • Groceries - need to work hard on this one
    • Meal plan - Goes hand in hand with the groceries
    • Running - I need to keep this one going
    • Sleep - Should be better now that it's a bit darker in the morning
    • Surveys/competitions - must keep this one up
    • Quidco - I should have a pay out from this one, this will go off the Lloyds
    Official DFW Nerd Club - Member no. 791 - Proud to be dealing with my debts
    BC: £7070.00 :mad: Lloyds: £7850.00 :mad: MBNA: GONE :)
    Feb LTW 2/20
    PAYDBX 2020 #041 PD £298.03/£8000
    Xmas Pot £52.85/£500 ~ EF £280/£500
    20p Savers 2020 :) £2 Savers 2020 :) 50p Savers 2020 :) SPC 13 2020 #003
  • Purplemumof2Purplemumof2 Forumite
    7.8K posts
    Part of the Furniture 1,000 Posts I've been Money Tipped!
    ✭✭✭✭
    Yay to a fresh diary, you done so much and even though the debt has increased it's not due to frivolous spending, good luck with the next chapter!

    H x

    Thanks H, I feel more in control than I ever have done in the past :) xx
    Official DFW Nerd Club - Member no. 791 - Proud to be dealing with my debts
    BC: £7070.00 :mad: Lloyds: £7850.00 :mad: MBNA: GONE :)
    Feb LTW 2/20
    PAYDBX 2020 #041 PD £298.03/£8000
    Xmas Pot £52.85/£500 ~ EF £280/£500
    20p Savers 2020 :) £2 Savers 2020 :) 50p Savers 2020 :) SPC 13 2020 #003
  • Purplemumof2Purplemumof2 Forumite
    7.8K posts
    Part of the Furniture 1,000 Posts I've been Money Tipped!
    ✭✭✭✭
    My Mini Goals from the previous diary are still the same.

    Once I hit £500 saved that will go off the OD and reduced.
    I will dribble as much as I can on to the LC, with the aim of paying off £1500 reduction by Christmas - wishful thinking but nothing like a challenge.
    Official DFW Nerd Club - Member no. 791 - Proud to be dealing with my debts
    BC: £7070.00 :mad: Lloyds: £7850.00 :mad: MBNA: GONE :)
    Feb LTW 2/20
    PAYDBX 2020 #041 PD £298.03/£8000
    Xmas Pot £52.85/£500 ~ EF £280/£500
    20p Savers 2020 :) £2 Savers 2020 :) 50p Savers 2020 :) SPC 13 2020 #003
  • HairyHandofDartmoorHairyHandofDartmoor Forumite
    13K posts
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    ✭✭✭✭✭
    I love the new diary title and I've subscribed.
    Finally Debt Free After 34 Years, But Still Need to Live Frugally
    Debt in July 2017 = £58,766 😱 DEBT FREE 31 OCTOBER 2017 :T 🎉
    EMERGENCY FUND 1 = £300/£5,000. EMERGENCY FUND 2 = £10/£5,000.
    CHRISTMAS SAVINGS = £144.37/£500
    PREMIUM BONDS ME = £300. PREMIUM BONDS DH = £300
  • Important update! We have recently reviewed and updated our Forum Rules and FAQs. Please take the time to familiarise yourself with the latest version.
  • Purplemumof2Purplemumof2 Forumite
    7.8K posts
    Part of the Furniture 1,000 Posts I've been Money Tipped!
    ✭✭✭✭
    I love the new diary title and I've subscribed.

    Thank you x
    Official DFW Nerd Club - Member no. 791 - Proud to be dealing with my debts
    BC: £7070.00 :mad: Lloyds: £7850.00 :mad: MBNA: GONE :)
    Feb LTW 2/20
    PAYDBX 2020 #041 PD £298.03/£8000
    Xmas Pot £52.85/£500 ~ EF £280/£500
    20p Savers 2020 :) £2 Savers 2020 :) 50p Savers 2020 :) SPC 13 2020 #003
  • DMP_TigerDMP_Tiger Forumite
    182 posts
    Second Anniversary
    I've subscribed but I like the old diary title better :)

    My daughter did a Young Voices thing at the O2 a few years back. 20,000 kids singing backing vocals to "Unsinkable". Lucy Spraggan had her leg in a cast, I think she'd broken her ankle or something. There were several singers there but most of them didn't really want to be there because they thought they were better than performing with kids. But Lucy Spraggan made it all about the kids and really involved them - she was fantastic! It was a great day and your diary always reminds me of it.

    But now it won't anymore :(
    August 2018: Secured Debt £70,003 Unsecured Debt (DMP) £34,657 Total £104,660 DFD: March 2031
    January 2019: Secured Debt £68,269 Unsecured Debt (DMP) £34,457 Total £102,726 DFD: March 2031
  • Happy new diary Purple! Good luck on the next stage!
    Thistle:)
    Mortgage at end 05/2007: £90200
    Mortgage at end 08/2018: £71646 paid £18354 (20.5%)
    MFD: :eek:Original:05/2042:eek:
    Car Finance: £8225 : £6392 (22.2% paid off)
    CC Debt (0% until 06/2020): £5640 : £4400 (21.7% paid off)

    Age of Money at 31/08/2018 = 23 days

    YNAB is changing the way I live my life....and spend my money!!
  • Purplemumof2Purplemumof2 Forumite
    7.8K posts
    Part of the Furniture 1,000 Posts I've been Money Tipped!
    ✭✭✭✭
    DMP_Tiger wrote: »
    I've subscribed but I like the old diary title better :)

    My daughter did a Young Voices thing at the O2 a few years back. 20,000 kids singing backing vocals to "Unsinkable". Lucy Spraggan had her leg in a cast, I think she'd broken her ankle or something. There were several singers there but most of them didn't really want to be there because they thought they were better than performing with kids. But Lucy Spraggan made it all about the kids and really involved them - she was fantastic! It was a great day and your diary always reminds me of it.

    But now it won't anymore :(

    I bet that was Amazing! I know she'll never make it big, but she's in touch with the real world and that is one of the reasons I like her.

    Sorry about the name change xx
    Official DFW Nerd Club - Member no. 791 - Proud to be dealing with my debts
    BC: £7070.00 :mad: Lloyds: £7850.00 :mad: MBNA: GONE :)
    Feb LTW 2/20
    PAYDBX 2020 #041 PD £298.03/£8000
    Xmas Pot £52.85/£500 ~ EF £280/£500
    20p Savers 2020 :) £2 Savers 2020 :) 50p Savers 2020 :) SPC 13 2020 #003
  • Purplemumof2Purplemumof2 Forumite
    7.8K posts
    Part of the Furniture 1,000 Posts I've been Money Tipped!
    ✭✭✭✭
    Happy new diary Purple! Good luck on the next stage!
    Thistle:)

    Thanks Thistle, onwards and upwards x
    Official DFW Nerd Club - Member no. 791 - Proud to be dealing with my debts
    BC: £7070.00 :mad: Lloyds: £7850.00 :mad: MBNA: GONE :)
    Feb LTW 2/20
    PAYDBX 2020 #041 PD £298.03/£8000
    Xmas Pot £52.85/£500 ~ EF £280/£500
    20p Savers 2020 :) £2 Savers 2020 :) 50p Savers 2020 :) SPC 13 2020 #003
Sign In or Register to comment.

Quick links

Essential Money | Who & Where are you? | Work & Benefits | Household and travel | Shopping & Freebies | About MSE | The MoneySavers Arms | Covid-19 & Coronavirus Support