It's the final countdown...£10k to go

t2rry

£35 more selling cash paid in and then off the Car CC, down to £3,195 and down to £290 required to clear it this coming payday (I have £2,905 budgeted to pay towards it with that salary, that's how I come to needing an additional £290)

I've kept £5 cash back in case of requiring change for any other sales, and I will have a few online sales trickle in now.  This is trickier as I will be out of pocket on the postage for a few things before I get the money in and I'm not sure how to track that but for today I've had a payment in of £4.41 and paid postage out for a few other items of £4.32 so I'll count the whopping 9 pence as profit for now and the other payments in will then be clear profit...that is until I sell something else and have to post that too...!

t2rry

On another note, having the post office run and cash pay-in run to do is really good for me, it's about the only way I get out during the day and now it's nice weather it is a very welcome chore to have 5 minutes just to myself to have a wander

t2rry

Finally a deposit came in.  I had budgeted £60, it's actually £27 so that's paid and I can put the leftover £30 to the Car CC.
That's the car CC down to £3,165 and more importantly down to £260 to have it cleared this coming payday.  

One more deposit to come in, which I've budgeted £125 for (50% of what I know the total cost will be, so hoping the deposit comes in at a fraction of that) and sales are ticking over, every fiver gets me a little closer!!

Any small amounts extra (as in, less than £5, are staying in the food pot as that's going to be tight I think for this last 10 days until payday.  I may need to get creative with meals is all, though the kids being back at school helps as that saves us 10 meals a week!

mark55man

you really are on a roll @t2rry - need to shake my own tail feathers into action, we have so much stuff we could declutter

t2rry

Thanks @mark55man, I've certainly found a new obsession with it!

With monies now owed from online sales, I will be down to £3,115 on the Car CC, which is theoretically £210 off clearing it this payday.  I haven't had any funds cleared yet though so I won't touch the official (signature) numbers until that comes in and it will be interesting to see how long it takes, but it has given me a push to clear my own wardrobe out on top of the kids.

I have a lot of outfits previously bought for occasions (mostly weddings) that I've always kept and worn multiple times but I think we're now beyond the busy wedding years, so realistically there's very few and far between reasons for me to wear them again.  I've always been tight with myself on clothes so I'm selling them all off with the promise of a bit of a shopping spree when we are debt free.  Nothing mad, just need to have more than 2 outfits on repeat.  OH supports this, I was surprised as I thought he'd push for me to keep them as they're all outfits I love, but he seemed on board straight away that there's little need for them now but a big need for me to fill my wardrobe with things I can actually wear.    

I am now working to two different targets in the backpay confirmed v not confirmed status:




BALANCES WITH BACKPAY

April Payday:
Car CC Cleared
OH CC down to £3,280 approx

May Payday:
OH CC down to £665 approx

June Payday:  DEBT FREE plus £2k+ savings pot started




BALANCE WITHOUT BACKPAY

April Payday:
Car CC down to £210 (including expected selling funds in)
OH CC down to £5,280

May Payday:
Car CC Cleared
OH CC down to £2,875

June Payday:
OH CC down to £105

July Payday:  DEBT FREE plus £2k+ savings pot started



The current target to get to is getting the Car CC paid off regardless of the backpay situation.  If I achieve that, then without the backpay, I will have pulled the debt free month forward one to June rather than July as above as that £105 left on OH CC at June payday will be cleared.

If the backpay does come through, my target will shift and I will be looking at the £665 needed to clear OH CC at May payday rather than have that hanging over until June payday, so either way I have something to keep pushing for.

Realistically there is no reason my backpay shouldn't come through now, I know it's been set up and payroll know, I just like to plan for the worst!  

t2rry

Where online selling falls down - I paid £20 in today from cash sales, but I can only pay £10 of that off the Car CC as I also had to pay out for postage for vinted sales so I'm out of pocket for that until the buyer receives it and confirms they're happy.

I think if you have a printer at home and can do the hermes parcelshop postage then vinted is brilliant as you're never out the postage cost to begin with, the buyer pays the postage and you receive a label to print off, then you just have to wait for profit to clear...but I don't have a working printer so had to remove that as an option for buyers, which means I'm left with a post office run and all the money (item and postage) clears after they click to state received.  That said, I'm not sure I'd sell any clothes locally and I have £51.74 pending payout on there, so I can't complain too much yet.

.......just as I was typing, I had a notification, first vinted payment has been confirmed, so maybe it won't be too long a wait.... and now I've clicked to withdraw it to my bank account and it says it can take up to 5 working days.  So annoying!!! I just want it, I want it now!!!

Hey ho, I stick to my rule of only changing the signature for monies that are physically in!

EDIT: vinted money has landed in my bank account already.  Brilliant stuff, I expected a day at least!  So that's Car CC down to £3,125 with another £35 already sold awaiting payout and £25 cash sales agreed to come later today.  I've also now cleared, not including any pending amounts, I've cleared £500 made from selling stuff this month.  Fantastic!  And still I'm pushing myself to find more, I've listed another half dozen things today and I'm sure more will come over the weekend

t2rry

Car CC down to £3,090, target to pay off at coming payday down to £185 with £25 pending from online sales.  So £160 is the target in my head, which is half what it was about a week ago.

I now have over 50 items listed to vinted now, some for £1 (kids clothes), some up to £25 (my dresses) so either a few of the more expensive or a lot of the cheap ones will make a big dent in that.  

The only issue is I'm now glued to it in hope of seeing sales come through!! 

mark55man

I know that "hit refresh" too often feeling.  As a buyer its great to get  response soon after buying, but I would only really expect same day.  But maybe vinted is more "social" than ebay and expects you to be on line a bit more often - so carry on, its obviously working

t2rry

My payslip has landed, my back pay is accounted for
I had worked it out fairly accurately too, so that's great.  

I had been down to £80 off paying off the Car CC this Friday even without the backpay as OH got on the selling wagon to surprise me so has approx £70 coming my way from that in the next day or two.  I then have £25 agreed for collection throughout this week, which would take it down to £55.  It is kind of a moot point now because the salary on Friday will more than clear it, but it's not wasted effort as we'll have made an extra £650 this month from clearing stuff that we don't need or use and that in itself, with what I will now rejig the budgets with, means we'll be around £450 off bringing the debt free date forward yet another month, where without all that effort it would have been over £1,000 which would have sounded impossible.

So I will continue as I am, maybe with a little less gusto but if we can keep the sales ticking then that will be great.

Cannot wait for friday now!!!

t2rry

My post signature shuffle to account for the backpay that is now confirmed, means I have pulled the 'paydays to debt free' forward from 4 to 3.  On Friday that will then be adjusted to 2, and the fight will be on to get it to 1.  I'm not sure £450 is that possible now we've really sold all the good stuff, but I figure even the effort to do so will keep us on the straight and narrow for the month of May.  It has been good having in mind the sales I'd be effectively undoing by spending on things, even £10 here and there we've been super careful, knowing that would feel like a step backwards, however small.  Anyway the closer we can get, the more likely I might be to use some of the emergency fund to clear it once and for all, but we'll see.

That all said, I will be starting a new job in a few weeks, so my income at May's payday will be half my current job, half the new one, which brings a not insignificant pay rise with it, so that should eat into that £450 itself.  Though as usual I won't add that into the budget until I see it in writing because it's more difficult to work out a mid month change.  I know a full month would bring in an extra £295 to my current income, so you'd think half a month would bring an extra £147.50 but I'm sure it won't work out quite so cleanly.  I have massive imposter syndrome already about the new job, and a little about my own now, I'm not sure how I can have been deserving of such a jump in such a short space of time.  In the last 2 1/2 years I will have increased my income by nearly £15k.  I feel a little bit like I've just fallen into the right places at the right time and at some point surely it will come to a crashing halt.  I don't know, that may be a little deep for MSE sharing!!!