Money Makers ''trying'' it again diary 2008

moneymaker2

I am planning on using some of the money from the functions and overtime to clear off some of the debts like the next bill, cheques,a and l and the £500 that we owe the parents.
This would then free up another £99 per month.

Gemmzie

Can't you get free Sky internet?

I'm wondering if it's time to look at a DMP but I guess it depends on the kids. How old are they? Will their childcare drop any time soon?

moneymaker2

I can't look at a DMP unfortuantly. I work in finace and doing something like that could effect my job. If I was asked to leave my employment I would have to go somewhere else and I don't think I could get a job with the same starting salary that I am on now. My daughter is 6months old. She should get free child places from 2 years old.
Sky broadband may seem cheeper but I have looked into it and if I went for the free package it states that they could increase my package at any time dependant on the amount of gb im using. I am currently using over the £10 package for sky hence why i have decided to stay with AOL.

moneymaker2

On the good news front, £17 per month now for Sky. We managed to keep our 2nd box and they have given it to us for free for 12 months.
Also I have called Working Family tax credits and they have advised that we should get £60 per month to help towards our childcare and that they can back date it for the last 90 days meaning £180. Wooh!!
This £180 plus £78 that needs refunding to my card still will go off the Capitalone card as they charge 5% per month of the balance and it is 29.9% interest.This should leave it at £216.66. I can easily clear this off with my overtime and then the functions can start clearing the debt to parents, cheques, and the next account.
I will get there!!!!

Gemmzie

Keep fighting It's nice to be able to use that strikethrough

moneymaker2

Well today I have spoke to next and reduced the creditlimit from £3600 to the balance that is on the account so that the temptation has gone.
I have also contacted all the creditcards and asked them to withdraw the credit facility which means that I cannot respend any money which I have cleared off the account as the creditlimit will show as £0.

Getting there... Slowly!

Gemmzie

Which is the next highest interest one to tackle? Make it a challenge to yourself to get them one at a time - it's a great boost

moneymaker2

Hi Gemmzie,

It is the Capitalone card it is 29.9% and they won't reduce the interest on it. Thought they might do something as I used to work there and thought that they might give a bit of a lee way.
That card should be cleared by end of Feb. Hopefully.

Good news though... My hubbue has been offered another job, same company more money and he's going for a trial tomorrow and I have been asked to see the boss in regards to the department Managers job that I wanted. Hopefully these will turn out ok as they say good things come in threes and I fould a tenner yesterday.
L x

Verbatim

Hi there MM,

glad things are looking up for you.

I see that you don't have anything in your SOA for car maintenance/servicing or road tax or MOT. On the plus side you're saving £25 a month for emergencies, (is this actually being saved or is it an aspiration?)

Is your income still currenetly less than your outgoings?

moneymaker2

Hi Verbatim,

Yes the savings are being done. Although you cannot withdraw the money for 12 months- Unless you close the account so this is encouraging as it means that I can't mess around transferring it.
I will be putting a February soa up next week when I get my payslips and final bills and this is should add up. My challenge this month is to reduce the shopping bill to £160. It may be tough with all the baby milk and nappies that we buy though