Here Goes...Starting Up on a Journey

Superhoopza

Floss said:

Superhoop91 said:

Floss said:

Superhoop91 said:

Floss said:

You would better your chances by closing each account when it is cleared. 

How do you propose to save your share of the deposit?

Keep spending less than I earn, the usual way people save. 

Good luck with that & paying down your debts at the same time.

Was there a point to saying that except a sarcy and unsupportive tone? 

Was there a point to your comment? Mine was meant in good faith.

Which part? 

Superhoopza

I think I've had all the advice I need. Thank you to everyone trying to genuinely help. I'll give updates for those who are interested in my progress and any strange person who wants me to fail and have more hardship just so they can be proven right. 

enthusiasticsaver

Can people please remember this is a non judgemental forum?  @Superhoop91 if you intend to keep updating with your progress and ask questions along the way do you want me to move this thread to the diaries section? 

Superhoopza

enthusiasticsaver said:

Can people please remember this is a non judgemental forum?  @Superhoop91 if you intend to keep updating with your progress and ask questions along the way do you want me to move this thread to the diaries section? 

Thank you that would be great.

enthusiasticsaver

I have asked the forum team to move this to the diaries section.  

Superhoopza

enthusiasticsaver said:

I have asked the forum team to move this to the diaries section.  

Ok thank you 

Chemtrails

Superhoop91 said:

Just got all my finances onto a spreadsheet:

£54k total debt: £31k CC and £23k loans (final balances included here, if for any reason I can make early payments these will go down)

Income: 3100 (should go to about 3250 with NI contribution cut and expected small increase in March). Let's stick with 3100 for now:
Essential Spend: 400 (max)
Other Expenditure: 400
Holidays/presents/EF: 200
Subtotal Spend: £1000

Minimum Spend on Debt: £2300

Excess: -£200 (fine as payment timings can be managed)

Interest (Dec 23 - to go up and down with promo rates ending, loan balance interest payments being stacked to being higher at the start, balances going down etc etc): £900

Balance to reduce: £1200 a month

Those numbers used as I have some big events coming up. A normal month would see only about £600 spend.

Hi sorry if I have missed something I just had a quick read through all the pages in one go, but your original SOA had a rent payment of 600 I don’t see this accounted for here? 

backinbusiness

Hi @Superhoop91.  I've just looked through some of your previous threads - you've been struggling with debt for the last 6 years and now seek to string it out for a further 6.  Please, please take the advice of some of the posters on here and think seriously about a DMP. I don't feel your "Light Bulb" moment has quite fully arrived. I do wish you all the best tho'. BiB x 

Superhoopza

backinbusiness said:

Hi @Superhoop91.  I've just looked through some of your previous threads - you've been struggling with debt for the last 6 years and now seek to string it out for a further 6.  Please, please take the advice of some of the posters on here and think seriously about a DMP. I don't feel your "Light Bulb" moment has quite fully arrived. I do wish you all the best tho'. BiB x 

Hi BIB if you took the time to look at my previous posts you'd of seen yesterday someone else said the same thing and I said I cleared all that debt, without a DMP. 

What is it with people reading what they want and being so pushy with their thoughts. Give your advice and then let the poster make their mind up. Don't pressure them into doing what people suggest. 

This is going onto the journey thread. I've made my mind up having taken advice from people. This is the best course of action for me and my future plans and timeframes. 

Superhoopza

Chemtrails said:

Superhoop91 said:

Just got all my finances onto a spreadsheet:

£54k total debt: £31k CC and £23k loans (final balances included here, if for any reason I can make early payments these will go down)

Income: 3100 (should go to about 3250 with NI contribution cut and expected small increase in March). Let's stick with 3100 for now:
Essential Spend: 400 (max)
Other Expenditure: 400
Holidays/presents/EF: 200
Subtotal Spend: £1000

Minimum Spend on Debt: £2300

Excess: -£200 (fine as payment timings can be managed)

Interest (Dec 23 - to go up and down with promo rates ending, loan balance interest payments being stacked to being higher at the start, balances going down etc etc): £900

Balance to reduce: £1200 a month

Those numbers used as I have some big events coming up. A normal month would see only about £600 spend.

Hi sorry if I have missed something I just had a quick read through all the pages in one go, but your original SOA had a rent payment of 600 I don’t see this accounted for here? 

Yeah that changed.