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  • FIRST POST
    • Purplemumof2
    • By Purplemumof2 11th Sep 18, 10:02 AM
    • 7,227Posts
    • 27,854Thanks
    Purplemumof2
    Why Walk When You Can Fly
    • #1
    • 11th Sep 18, 10:02 AM
    Why Walk When You Can Fly 11th Sep 18 at 10:02 AM
    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.
    Last edited by Purplemumof2; 11-09-2018 at 10:18 AM.
    Official DFW Nerd Club - Member no. 791 - Proud to be dealing with my debts
    MBNA: £4650.00 Lloyds: £8700.00 BC: £300.00 Cap One: GONE
    July LTW 3/22 ~ July NSD 2/10
    PAYDBX 2019 #041 PD £3474.49/£5604.30
    Savings for Christmas £300.52/£500 ~ EF £55/£500
    20p Savers 2019 £2 Savers 2019 50p Savers 2019 SPC 12 2019 #003
Page 27
    • jwil
    • By jwil 4th Jun 19, 4:43 PM
    • 10,778 Posts
    • 39,056 Thanks
    jwil
    Hope you hear about the interview soon.

    We use a local plumbing and heating company for our boiler services, can't fault them and it costs around £60 a time.
    "If you can dream it, you can do it". Walt Disney
    • debtaghh
    • By debtaghh 4th Jun 19, 6:41 PM
    • 1,662 Posts
    • 6,274 Thanks
    debtaghh
    Fingers crossed x
    Credit card debt ( May 2019) : £56,918... won't even start on the family debt
    • Purplemumof2
    • By Purplemumof2 5th Jun 19, 8:20 AM
    • 7,227 Posts
    • 27,854 Thanks
    Purplemumof2
    Morning,

    DH has an interview on Monday I told him last night that I am worried about him and why. He did his usual....Don't worry, worse comes to the worse, I'll get another job.....At least I have told him

    Brought my lunch with me today.

    I have discovered a new survey app called Curious Cat and you can cash out as soon as you get to 100 points (£1) directly into your PayPal account and even if you get screened out, you still get a point
    Official DFW Nerd Club - Member no. 791 - Proud to be dealing with my debts
    MBNA: £4650.00 Lloyds: £8700.00 BC: £300.00 Cap One: GONE
    July LTW 3/22 ~ July NSD 2/10
    PAYDBX 2019 #041 PD £3474.49/£5604.30
    Savings for Christmas £300.52/£500 ~ EF £55/£500
    20p Savers 2019 £2 Savers 2019 50p Savers 2019 SPC 12 2019 #003
    • Silver Queen
    • By Silver Queen 5th Jun 19, 9:18 AM
    • 679 Posts
    • 3,029 Thanks
    Silver Queen
    You are doing fantastically. Well done. Under £14k is absolutely amazing! You've paid back almost 5k in less than a year!
    Debt Totals July 2019::
    £350 Natwest Credit Card / Now £0 (paid off and closed 04/2017) £15,500 postgrad loan from parents/ Now £6,700 £5,000 sister loan/ Now £2,500£500 train ticket loan from parents / Now £0 (paid off 16/02/18) £2,000 Overdraft Now £0 (paid off 09/03/18) £1,967.83 Barclays 0% card Now £0
    Total £9,200
    • Purplemumof2
    • By Purplemumof2 5th Jun 19, 9:36 AM
    • 7,227 Posts
    • 27,854 Thanks
    Purplemumof2
    You are doing fantastically. Well done. Under £14k is absolutely amazing! You've paid back almost 5k in less than a year!
    Originally posted by Silver Queen
    Thank you x
    Official DFW Nerd Club - Member no. 791 - Proud to be dealing with my debts
    MBNA: £4650.00 Lloyds: £8700.00 BC: £300.00 Cap One: GONE
    July LTW 3/22 ~ July NSD 2/10
    PAYDBX 2019 #041 PD £3474.49/£5604.30
    Savings for Christmas £300.52/£500 ~ EF £55/£500
    20p Savers 2019 £2 Savers 2019 50p Savers 2019 SPC 12 2019 #003
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 5th Jun 19, 7:15 PM
    • 9,988 Posts
    • 79,367 Thanks
    HairyHandofDartmoor
    That's great news about DH's interview .
    Finally Debt Free After 34 Years, But Still Need to Live Frugally
    Debt in July 2017 = £58,766 DEBT FREE 31 OCTOBER 2017
    EMERGENCY FUND 1 = £4,005/£5,000. EMERGENCY FUND 2 = £2,005/£5,000.
    CHRISTMAS SAVINGS = £129.37/£500
    PREMIUM BONDS ME = £150. PREMIUM BONDS DH = £50
    • Purplemumof2
    • By Purplemumof2 6th Jun 19, 8:09 AM
    • 7,227 Posts
    • 27,854 Thanks
    Purplemumof2
    Morning diary,

    So idiot man-child has ended up with an after school detention today for eating in class on Monday...he originally ended up with a break 1 detention, 20 mins (didn't attend) which then ended up with a lunchtime detention, 30 mins (again didn't attend), if he'd attended the first one, he wouldn't have ended up with an hour one today **rolls eyes**

    Sorted out with DD's guide leader what I owe for what, everything is up to date, just one to settle for August and then the big one next year to do.

    No news on whether DS has got a place on the Cadet camp yet though.

    Because of my mix up with the LC, I have made the extra payment today, which brings the total down to £8800. My aim for the month is to recoup that money back. So far I am up to £31.78, just need to find £68.22.

    I won't make that mistake again this month, I will wait until the statement comes out first.

    I have done some calculations and we are at £13,905.51

    15 working days to pay day...wish it would hurry up!

    Brought my lunch with me today.

    Need to nip to the shop at lunchtime to get some bits, but shouldn't be too much.

    Back later x
    Official DFW Nerd Club - Member no. 791 - Proud to be dealing with my debts
    MBNA: £4650.00 Lloyds: £8700.00 BC: £300.00 Cap One: GONE
    July LTW 3/22 ~ July NSD 2/10
    PAYDBX 2019 #041 PD £3474.49/£5604.30
    Savings for Christmas £300.52/£500 ~ EF £55/£500
    20p Savers 2019 £2 Savers 2019 50p Savers 2019 SPC 12 2019 #003
    • jwil
    • By jwil 6th Jun 19, 9:43 AM
    • 10,778 Posts
    • 39,056 Thanks
    jwil
    Good luck to DH!

    Hope DS learns his lesson, that sometimes it's better just to get the consequences over and done with!
    "If you can dream it, you can do it". Walt Disney
    • Purplemumof2
    • By Purplemumof2 7th Jun 19, 12:17 PM
    • 7,227 Posts
    • 27,854 Thanks
    Purplemumof2
    Afternoon diary,

    Not a lot to report.

    My mum is on her way down, so she should be here about 6ish.

    I have got snacks and goodies for my trek tomorrow and for DS on Sunday. I put a small plea out last night for sponsorship as although I won't hit my target I was very close to £600 and I wanted to hit that instead, I got to that target and woke up this morning to some more sponsorship too

    I need to fill in DS's form so he can go to the airshow on Sunday.

    I need to find my dad's signet ring so I can wear that tomorrow.
    Official DFW Nerd Club - Member no. 791 - Proud to be dealing with my debts
    MBNA: £4650.00 Lloyds: £8700.00 BC: £300.00 Cap One: GONE
    July LTW 3/22 ~ July NSD 2/10
    PAYDBX 2019 #041 PD £3474.49/£5604.30
    Savings for Christmas £300.52/£500 ~ EF £55/£500
    20p Savers 2019 £2 Savers 2019 50p Savers 2019 SPC 12 2019 #003
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 7th Jun 19, 4:20 PM
    • 9,988 Posts
    • 79,367 Thanks
    HairyHandofDartmoor
    Good luck with your walk tomorrow Purplemum, I'm glad you picked up some more sponsors .
    Finally Debt Free After 34 Years, But Still Need to Live Frugally
    Debt in July 2017 = £58,766 DEBT FREE 31 OCTOBER 2017
    EMERGENCY FUND 1 = £4,005/£5,000. EMERGENCY FUND 2 = £2,005/£5,000.
    CHRISTMAS SAVINGS = £129.37/£500
    PREMIUM BONDS ME = £150. PREMIUM BONDS DH = £50
    • SSDD23
    • By SSDD23 7th Jun 19, 4:31 PM
    • 1,212 Posts
    • 3,545 Thanks
    SSDD23
    Good luck tomorrow PMO2 xx
    Debt Target #02 - £0/£207.66 (0%)
    Debts busted: 1/11
    NSD Target: 9/20
    • debtaghh
    • By debtaghh 7th Jun 19, 7:28 PM
    • 1,662 Posts
    • 6,274 Thanks
    debtaghh
    Well done on the debt reduction and good luck with your walk x
    Credit card debt ( May 2019) : £56,918... won't even start on the family debt
    • jwil
    • By jwil 8th Jun 19, 8:10 AM
    • 10,778 Posts
    • 39,056 Thanks
    jwil
    Good luck with the walk x
    "If you can dream it, you can do it". Walt Disney
    • 24ta
    • By 24ta 8th Jun 19, 8:26 AM
    • 51 Posts
    • 490 Thanks
    24ta
    Good luck with your walk
    • Purplemumof2
    • By Purplemumof2 17th Jun 19, 2:40 PM
    • 7,227 Posts
    • 27,854 Thanks
    Purplemumof2
    Sneaks back in a closes the squeaky door
    **It's a bit dusty in here, better open a window**

    That's better

    I know, I've been AWOL.

    The walk....thank you for all the messages, it was fantastic and the views were superb and I hit my target those who follow me on Insta will have seen some of the photo's. I couldn't have asked for a better day.

    My car went in for a service on Monday last week, is cost a LOT more than anticipated but I am glad that we had the money put aside for it...need to pay for DH's next month, the pots are going to be severely depleted.

    My lovely friend's wife's funeral was last week, it was so beautiful and was a lovely send off for a special lady who will be missed

    In other news...

    DD has another camp this weekend, I swear that she has a better social life than me.

    DS has his mock exams this week.

    DH had a second interview and want him to come back for a third one....I am really hoping that he will get this job, as the current one is really hampering his MH.

    I won't hit my LTW target by about 2 days, must try harder.

    8 working days until pay day.

    Still need to get DS's birthday stuff.
    Official DFW Nerd Club - Member no. 791 - Proud to be dealing with my debts
    MBNA: £4650.00 Lloyds: £8700.00 BC: £300.00 Cap One: GONE
    July LTW 3/22 ~ July NSD 2/10
    PAYDBX 2019 #041 PD £3474.49/£5604.30
    Savings for Christmas £300.52/£500 ~ EF £55/£500
    20p Savers 2019 £2 Savers 2019 50p Savers 2019 SPC 12 2019 #003
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 17th Jun 19, 7:30 PM
    • 9,988 Posts
    • 79,367 Thanks
    HairyHandofDartmoor
    Glad the walk went well but sorry about your car costs.

    I hope DH gets the job, he's done well to get a third interview .
    Finally Debt Free After 34 Years, But Still Need to Live Frugally
    Debt in July 2017 = £58,766 DEBT FREE 31 OCTOBER 2017
    EMERGENCY FUND 1 = £4,005/£5,000. EMERGENCY FUND 2 = £2,005/£5,000.
    CHRISTMAS SAVINGS = £129.37/£500
    PREMIUM BONDS ME = £150. PREMIUM BONDS DH = £50
    • jwil
    • By jwil 18th Jun 19, 7:04 AM
    • 10,778 Posts
    • 39,056 Thanks
    jwil
    Well done on the walk

    Fingers crossed to DH for the job.

    Ouch to the car bills
    "If you can dream it, you can do it". Walt Disney
    • Purplemumof2
    • By Purplemumof2 18th Jun 19, 1:33 PM
    • 7,227 Posts
    • 27,854 Thanks
    Purplemumof2
    Back with updated June's Goals.

    Personal

    Finish my tapestry
    Read my book
    Restart the gym
    Get more sleep
    Drink more water

    Financial

    Lunches to work - Aim 20 days - not including my weekly allowance
    Groceries - need to stop the many top up shops
    Meal plan - I haven't done this in May so need to get back into it.
    Keep logging in with money hub app
    Fuel in car - Need to have more Eco drives
    Keep applying for jobs - keep doing this
    Keep up with the surveys - Still doing this
    Watch what I spend - Aim for £10 per week
    Reduce the pub visits - We don't go lots but more than we should do - going good so far

    Household

    Keep up with the housework
    Declutter more stuff - dump, charity shop, sell - FB marketplace


    Things coming up in June:

    My Jurassic Coast Trek - DONE
    DS RAF Cosford with Cadets - DONE
    DD balance for August camp due £40 - DONE
    DS 15th birthday
    My car booked for a service - DONE
    Father's Day - DONE
    DD Strategy Camp
    Originally posted by Purplemumof2
    ---------------

    Just a quick update on things.

    DS's Isle of Wight camp came through yesterday and they needed immediate payment due to the lateness of notification, so £80 paid for that.

    I need to move money about to cover the above.

    The rest isn't looking too bad on the whole.
    Official DFW Nerd Club - Member no. 791 - Proud to be dealing with my debts
    MBNA: £4650.00 Lloyds: £8700.00 BC: £300.00 Cap One: GONE
    July LTW 3/22 ~ July NSD 2/10
    PAYDBX 2019 #041 PD £3474.49/£5604.30
    Savings for Christmas £300.52/£500 ~ EF £55/£500
    20p Savers 2019 £2 Savers 2019 50p Savers 2019 SPC 12 2019 #003
    • Purplemumof2
    • By Purplemumof2 19th Jun 19, 9:01 AM
    • 7,227 Posts
    • 27,854 Thanks
    Purplemumof2
    I was once told that its a good idea to make a plan of where you want to be in 6 years from now. I was told that the plan should be no more than 5-6 items, any more than it is overwhelming and any less and you have nothing to aim for. I have done this most of my life, sometimes it works and sometimes 'life' gets in the way and the plan doesn't happen.

    I have thought for sometime about where I want to be financially and I have made my plan and finalised it.
    •All annual bills paid in full each year
    •All debt paid off – Aim 3 years - I have changed this from 5 years to 3 years as I really want the debt gone
    •Money in savings
    •Overpay mortgage
    •Budget better

    DS will be coming up to 20 and DD will be coming up to 17 by then and I don't want this to carry on, I'd like for us to help them financially if and when they need it.

    My personal six year plan is a lot different but moving house was on it and that has happened, so that is going the right way.
    Originally posted by Purplemumof2
    Just putting this here, so I remember what I am aiming for.

    Back later with a proper update, lots going around in my head that I think I need to put down on paper.
    Official DFW Nerd Club - Member no. 791 - Proud to be dealing with my debts
    MBNA: £4650.00 Lloyds: £8700.00 BC: £300.00 Cap One: GONE
    July LTW 3/22 ~ July NSD 2/10
    PAYDBX 2019 #041 PD £3474.49/£5604.30
    Savings for Christmas £300.52/£500 ~ EF £55/£500
    20p Savers 2019 £2 Savers 2019 50p Savers 2019 SPC 12 2019 #003
    • enthusiasticsaver
    • By enthusiasticsaver 19th Jun 19, 11:44 AM
    • 8,745 Posts
    • 20,277 Thanks
    enthusiasticsaver
    Just caught up on your diary. Congrats on finishing your trek. I followed it online as my friend did the same Jurassic Coast trek last weekend too. I love coastal path walking and am doing the south west coastal path bit by bit starting with Cornwall so would have loved to do it but was away on holiday and then came down with bronchitis so good job I did not sign up for it. Maybe next year. Great cause too. Your dad would be proud. Lots of steep hills.


    Your plans to clear the debts within three years sound sensible if your kids are planning university as that will inevitably cost you. You are below £14k now and are targeting around £5-6k per year on debt so that is definitely doable so long as you do not add to the debt. What is happening about the overdraft? You and your DH have been unlucky with jobs so don't beat yourself up too much and as you say you have moved house too so that is a massive expense.


    One thing I have learned about budgeting over the years is first of all never anticipate a salary. Wait until it is in and then allocate it. If the grocery money is spent for one week do not borrow from the next except in dire emergency (milk, bread) and do not do top up shops. My primary rule was though do not send DH shopping as he would never check prices but he will stick to a list. Not sure if yours is the same. Also put savings away at the beginning of the month not save what is left.
    Early retired in December 2017

    I'm a Board Guide on the Debt-Free Wannabe, Mortgages and Endowments, Banking and Budgeting boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Any views are mine and not the official line of moneysavingexpert.com. Pease remember, board guides don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com
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