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  • FIRST POST
    • SSDD23
    • By SSDD23 6th Jun 19, 7:37 PM
    • 1,209Posts
    • 3,544Thanks
    SSDD23
    Determed To Do It
    • #1
    • 6th Jun 19, 7:37 PM
    Determed To Do It 6th Jun 19 at 7:37 PM
    Yes... this a new diary... again

    There is a new plan of action in place, so I felt things needed a clean thread. For anyone who was reading along on my last diary, my OH is in the process of selling his old marital home and was going to be in a position whereby he would clear my debts and I would just repay him monthly.

    This is now no longer the case, the asking price has been reduced and with fees etc included he would not be left with much of a nest egg past paying his own substantial debts, so I have told him to keep his hard-earned money for himself and I will do this the way I should always have been doing it.

    Since we first had the discussion about clearing both of our debts, I have been somewhat complacent with paying them i.e the bare minimums and not a lot has really gone down! I have spent my time at work and at home today since making the decision to do it alone, calculating and calculating.

    At present I have just opted to increase my contribution to the household (having taken on a second job) until his house is sold and he has more disposable income to not need extra money from me - I have seen his projected I & E sheet, he will be living a very easy life - but will reduce this amount slightly once he has heaps of disposable income, even after savings.

    So, with all of the above in mind I have input my figures into a snowball calculator as they should be around the time he gets the money from the house, at which point the total will be around 4.5k. This is input with my current balances minus three months worth of payments (factoring in interest, etc) and these are minimum balances in the sense of, I am aiming for them to be slightly lower but that is a definite figure they will be. The good old calculator tells me this will be 10 months of paying down the debt to get to zero, and my aim is to get that done much sooner!

    I have calculated it with 500 per month in debt payments, I could push to 550, and obviously I will have income from surveys and other bits and pieces to overpay them, too. I am confident I can actually pay off one debt before the snowball starts, and that 30pm can be thrown into the mix to pay more off of the other debts.

    Pots I currently have in place:
    "Carry Over" pot for leftover/extra money to be carried to the next month
    "Car 2020" pot - insurance and tax money as a minimum, preferably service and MOT costs too
    I also have a HTB ISA with a whole 5 in, but I was aware they would not be around to open one for much longer!

    The positives:
    - I actually feel really good about doing it by myself, I was wary of mixing so much money into our relationship and I will feel really proud when it is done
    - I just won 12 absolutely free in a promo room on bingo online and have withdrawn that

    Bear with me if you have read my previous diaries, and are rolling your eyes at the thought of another one, this is the new plan and it is the final plan!

    I am off now to print off my snowball sheet to show OH, and go for a quick stroll before tidying the house.

    How do I feel right now? Determined.
    Debt Target #02 - 0/207.66 (0%)
    Debts busted: 1/11
    NSD Target: 9/20
Page 1
    • SSDD23
    • By SSDD23 7th Jun 19, 8:10 AM
    • 1,209 Posts
    • 3,544 Thanks
    SSDD23
    • #2
    • 7th Jun 19, 8:10 AM
    • #2
    • 7th Jun 19, 8:10 AM
    Post 1000 on MSE - I'm looking forward to my new badge

    So - target debt to have paid off before the official snowball starts stands at 228, and would have 90 in usual repayments deducted before then, so I only really need to find 138 extra across the next few months which should be easy-peasy. It's on a repayment plan with the ability online to make "catch up payments" so my plan as it stands is to use the money in my "Carry-Over" pot each month to make those payments, and any other money I feel I can throw at it, too.

    Positives for today:
    - last day of my full time job for the week
    - all of my debt repayments have gone out for the month
    - 2 of my CC's which were lower interest and I had intended to keep once we had cleared our debt, have been cut up

    OH has been persuaded to cancel his monthly DD to Equifax when I pointed out that you don't need to pay for your credit reports, so he is saving 6.99 a month there (he hasn't had any emails from them since 2014 and certainly hasn't logged in until at least then as he did not know the details on the account - 420 over those years for nothing )

    My petrol has gone about as far as I had hoped it would this week even with driving to the second job over the weekend, I do try and car share with OH on the days that it works out but his hours have just increased massively due to staffing issues, so that's unlikely to happen for a while.

    Off to update my signature with my debt target numero uno...
    Debt Target #02 - 0/207.66 (0%)
    Debts busted: 1/11
    NSD Target: 9/20
    • Purplemumof2
    • By Purplemumof2 7th Jun 19, 9:04 AM
    • 7,227 Posts
    • 27,854 Thanks
    Purplemumof2
    • #3
    • 7th Jun 19, 9:04 AM
    • #3
    • 7th Jun 19, 9:04 AM
    Happy new shiny diary xx
    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
    • Choccygirl123
    • By Choccygirl123 7th Jun 19, 9:16 AM
    • 723 Posts
    • 2,172 Thanks
    Choccygirl123
    • #4
    • 7th Jun 19, 9:16 AM
    • #4
    • 7th Jun 19, 9:16 AM
    You do sound very determined! It's amscing how much the little DD add up over the years. I use ClearScore which updates everything monthly for free. Good luck with your journey.
    Always counting down to pay day, but making baby steps getting life on track! Looking forward to cracking the debt once and for all.
    SPC 090 - 69.45 / 500
    • Treadingwater02
    • By Treadingwater02 7th Jun 19, 9:27 AM
    • 80 Posts
    • 370 Thanks
    Treadingwater02
    • #5
    • 7th Jun 19, 9:27 AM
    • #5
    • 7th Jun 19, 9:27 AM
    You've got this! I will be cheering you on along the way
    LBM Debt at: 47454

    Debt Total June 7th 2019 - 35,580.98
    Debt total June 25th 2019: 34,728.35

    SPC - 125
    • SSDD23
    • By SSDD23 7th Jun 19, 10:23 AM
    • 1,209 Posts
    • 3,544 Thanks
    SSDD23
    • #6
    • 7th Jun 19, 10:23 AM
    • #6
    • 7th Jun 19, 10:23 AM
    Happy new shiny diary xx
    Originally posted by Purplemumof2
    You do sound very determined! It's amscing how much the little DD add up over the years. I use ClearScore which updates everything monthly for free. Good luck with your journey.
    Originally posted by Choccygirl123
    You've got this! I will be cheering you on along the way
    Originally posted by Treadingwater02
    Thanks everyone
    Debt Target #02 - 0/207.66 (0%)
    Debts busted: 1/11
    NSD Target: 9/20
    • charlotte1988
    • By charlotte1988 7th Jun 19, 11:38 AM
    • 34 Posts
    • 74 Thanks
    charlotte1988
    • #7
    • 7th Jun 19, 11:38 AM
    • #7
    • 7th Jun 19, 11:38 AM
    Good luck, I remember reading your first diary.

    You sound very determined
    Pay off by Xmas 2019 #179 : 992.9‬0/1832.32

    1 Debt v 100 days challenge: 136.47/266.47
    • db2016
    • By db2016 7th Jun 19, 4:46 PM
    • 136 Posts
    • 317 Thanks
    db2016
    • #8
    • 7th Jun 19, 4:46 PM
    • #8
    • 7th Jun 19, 4:46 PM
    following -



    dont forget there are 3 CRA's though, with each "brand" looking at one or the others, eg i think the MSE credit club looks at only experian data.



    so get signed up to whichever ones cover all 3 for a fuller picture - all for freee!



    Dan
    • SSDD23
    • By SSDD23 7th Jun 19, 6:18 PM
    • 1,209 Posts
    • 3,544 Thanks
    SSDD23
    • #9
    • 7th Jun 19, 6:18 PM
    • #9
    • 7th Jun 19, 6:18 PM
    Good luck, I remember reading your first diary.

    You sound very determined
    Originally posted by charlotte1988


    following -



    dont forget there are 3 CRA's though, with each "brand" looking at one or the others, eg i think the MSE credit club looks at only experian data.



    so get signed up to whichever ones cover all 3 for a fuller picture - all for freee!



    Dan
    Originally posted by db2016
    Hiya - yeah I've told him there's three, I've got them all already
    Debt Target #02 - 0/207.66 (0%)
    Debts busted: 1/11
    NSD Target: 9/20
    • SSDD23
    • By SSDD23 8th Jun 19, 4:15 PM
    • 1,209 Posts
    • 3,544 Thanks
    SSDD23
    A truly No Spend Saturday so far - I need to go and do the food shop but that's all budgeted for and I've got my list ready to go, and meal planned for the week so I know exactly what I need to pick up and what I won't need this week. My personal challenge is to not end up throwing away half the stuff in the fridge every week, to be fair a lot of it should have been used for work lunches but the fridge at work broke so plans had to change!

    I have just completed a User Test for the first time in a while, $10 coming my way next Saturday. I looked and I've done 10 so far this year which is $100/78. My first reaction was impressed, then annoyed that it was probably 78 frittered! No more of that...

    A few hours done at the second job today, and a few more tomorrow. I was back by 1pm today so it didn't impact much on my day at all! OH is working til late tonight and tomorrow anyway, so the rest of my day today is basically housework and food shopping! All of the washing is done already, and I should have it all ironed by tonight.

    It hasn't stopped raining here today, but at least I don't need to worry about watering the plants! Most of my little tomato plants got wiped out by the torrential rain we had recently out of nowhere, but I think 2 of them look like they'll make it and 2 is plenty! Now I just need my strawberry plant to hurry up and grow
    Debt Target #02 - 0/207.66 (0%)
    Debts busted: 1/11
    NSD Target: 9/20
    • FootyFanDan
    • By FootyFanDan 8th Jun 19, 7:53 PM
    • 131 Posts
    • 264 Thanks
    FootyFanDan
    Hey SSDD23

    Just wanted to pop in and say super impressed with your determination and progress! I have been a long time lurker and i always find your..many diaries very interesting reading and one of the diaries that spurred me on to eventually start my own.
    • SSDD23
    • By SSDD23 9th Jun 19, 10:09 AM
    • 1,209 Posts
    • 3,544 Thanks
    SSDD23
    Hey SSDD23

    Just wanted to pop in and say super impressed with your determination and progress! I have been a long time lurker and i always find your..many diaries very interesting reading and one of the diaries that spurred me on to eventually start my own.
    Originally posted by FootyFanDan
    Hiya this will be the last one I promise

    Off to the second job in about an hour for another few hours, really enjoying it there, the team are really nice! It'll be nice to reap the benefits next month, too. It's been a bit brutal this month with needing work doing on my car and the MOT taking a chunk of (most of) my disposable income but at least I've done it all from my wages

    Another quiet night planned, all of the washing and ironing was done last night and I cooked myself a singapore nasi goreng from my Pinch of Nom cookbook last night (fish sauce stinks) so it's just normal housework to catch up on tonight, and make something for dinner tonight/work lunch tomorrow

    OH - also will have been a No Spend Weekend
    Debt Target #02 - 0/207.66 (0%)
    Debts busted: 1/11
    NSD Target: 9/20
    • FootyFanDan
    • By FootyFanDan 9th Jun 19, 7:25 PM
    • 131 Posts
    • 264 Thanks
    FootyFanDan
    Hiya this will be the last one I promise

    Off to the second job in about an hour for another few hours, really enjoying it there, the team are really nice! It'll be nice to reap the benefits next month, too. It's been a bit brutal this month with needing work doing on my car and the MOT taking a chunk of (most of) my disposable income but at least I've done it all from my wages

    Another quiet night planned, all of the washing and ironing was done last night and I cooked myself a singapore nasi goreng from my Pinch of Nom cookbook last night (fish sauce stinks) so it's just normal housework to catch up on tonight, and make something for dinner tonight/work lunch tomorrow

    OH - also will have been a No Spend Weekend
    Originally posted by SSDD23

    Haha, sometimes it takes a new diary to refresh your targets and goals maybe.

    I can understand the car thing, just before xmas i replaced brakes, and tyres on my old car, 8 days later it broke down and needed a massive repair that i had now funds at all to fix and my car is vital to get to work. I had no funds at all to buy a new one so had to then spend loads of money and time on public transport/taxis for 3 months until i forced myself to buy a newer one off a friend. This whole experience made me realise that i had to sort things and ensure that i could cope with this happening again without it impacting too much. I vowed after that i would fix this. I came to this forum and read many diaries. I have adjusted a few things and the way things come from wages and can slowly see little improvements and hoping once i have been at this for a few months it will get better.

    I know its totally the wrong attitude but i think coz i work a lot i deserve nice things! and i need to seperate needs and wants and tbh i have always struggled with that.
    • SSDD23
    • By SSDD23 10th Jun 19, 7:15 AM
    • 1,209 Posts
    • 3,544 Thanks
    SSDD23
    Haha, sometimes it takes a new diary to refresh your targets and goals maybe.

    I can understand the car thing, just before xmas i replaced brakes, and tyres on my old car, 8 days later it broke down and needed a massive repair that i had now funds at all to fix and my car is vital to get to work. I had no funds at all to buy a new one so had to then spend loads of money and time on public transport/taxis for 3 months until i forced myself to buy a newer one off a friend. This whole experience made me realise that i had to sort things and ensure that i could cope with this happening again without it impacting too much. I vowed after that i would fix this. I came to this forum and read many diaries. I have adjusted a few things and the way things come from wages and can slowly see little improvements and hoping once i have been at this for a few months it will get better.

    I know its totally the wrong attitude but i think coz i work a lot i deserve nice things! and i need to seperate needs and wants and tbh i have always struggled with that.
    Originally posted by FootyFanDan
    Well hopefully as long as I keep an eye on/look after my car now it shouldn't need any more major costs until the next MOT and service, fingers crossed!

    Yeah, needs and wants is a big thing for me, too
    Debt Target #02 - 0/207.66 (0%)
    Debts busted: 1/11
    NSD Target: 9/20
    • SSDD23
    • By SSDD23 11th Jun 19, 8:42 AM
    • 1,209 Posts
    • 3,544 Thanks
    SSDD23
    Not much to report here from me...

    I had an email from Amazon Prime this morning saying that my payment card for renewing my membership is no longer valid, lord knows what card that was, but it's a good thing as I would have been royally screwed with an unexpected 79 expense. I will let that lapse and use OH's if needed, perhaps in the future I will look into re-instating it as a small monthly payment on a CC (one that has been cleared and still cut up) just to keep some small use on the card, without actually having it physically to use, and set up the DD to pay in full. I was wondering what I could put onto one just to show some use on my credit file, so I think I have found the answer now.

    Very chilled evening last night I wasn't feeling anywhere near 100% (possibly due to the jab I had last week) so I just relaxed with OH, but feeling much better today!

    Only one payment due out for the rest of the month now (aside from the car stuff tomorrow) which is my car insurance due to come out in a few days, everything else is paid up for the month

    A few more small payments due in before the end of the month, mostly to balance things but there should be some excess to carry over. I also did a test for audio transcribing work last night, I tried it last year and was rejected but thought I would give it another go! I can't remember how long it took to hear back, so I will just have to wait and see!

    Day off tomorrow and OH is also off, so we are going to view some houses so fingers crossed we view one that we like and can try and move into - they are all within our calculated budget so it's just getting to one before someone else takes it! It's been so fast-paced trying to find somewhere since the Tenancy Fees got abolished, we book to view and then it's gone a few hours later!
    Debt Target #02 - 0/207.66 (0%)
    Debts busted: 1/11
    NSD Target: 9/20
    • SSDD23
    • By SSDD23 13th Jun 19, 8:36 AM
    • 1,209 Posts
    • 3,544 Thanks
    SSDD23
    Everything seems to be smooth sailing at the moment - car went for it's MOT yesterday alongside some repairs that were flagged as needing doing from it's service, and it passed with no advisories and for 5 cheaper than I was expecting, so I was very happy with that!

    A few potential options are in the pipelines for some additional income each month, so I am keeping my fingers crossed there, too.

    My car insurance comes out tomorrow then everything is paid out for the month, and it will just be a case of waiting for the next payday(s) to come around, and start the paying-people process all over again!

    The houses we viewed were no good - two on the same estate were right next to a busy main road, new builds but no appliances other than the cooker, so we would have had to buy a fridge and a freezer. The other one was cunningly shot to still look like a house even though it was a duplex flat, but it did have downstairs neighbours and the top floor had sloped roofs EVERYWHERE, so not a chance of getting wardrobes into any of the bedrooms. The search continues!
    Debt Target #02 - 0/207.66 (0%)
    Debts busted: 1/11
    NSD Target: 9/20
    • FootyFanDan
    • By FootyFanDan 13th Jun 19, 8:49 AM
    • 131 Posts
    • 264 Thanks
    FootyFanDan
    Everything seems to be smooth sailing at the moment - car went for it's MOT yesterday alongside some repairs that were flagged as needing doing from it's service, and it passed with no advisories and for 5 cheaper than I was expecting, so I was very happy with that!

    A few potential options are in the pipelines for some additional income each month, so I am keeping my fingers crossed there, too.

    My car insurance comes out tomorrow then everything is paid out for the month, and it will just be a case of waiting for the next payday(s) to come around, and start the paying-people process all over again!

    The houses we viewed were no good - two on the same estate were right next to a busy main road, new builds but no appliances other than the cooker, so we would have had to buy a fridge and a freezer. The other one was cunningly shot to still look like a house even though it was a duplex flat, but it did have downstairs neighbours and the top floor had sloped roofs EVERYWHERE, so not a chance of getting wardrobes into any of the bedrooms. The search continues!
    Originally posted by SSDD23
    Excellent news on the MOT front, that is generally the most worrying time as a car owner. Some garages want to just 'discover' faults. I have mine due at end of year and not sure what to expect really so starting to save a little but I bought it from a friend who is a ford mechanic and its seems to have been well looked after.

    Crap news re the house hunt, its crap when you see pics and go expecting to see one thing and see the total opposite. Hopefully though you will find the one soon, are you looking at renting?
    Debt Figure on 8th June : 6129
    Current Debt Figure : 5572.33
    1st Target: Repay Loan to Mum (140/540)
    • SSDD23
    • By SSDD23 13th Jun 19, 8:55 AM
    • 1,209 Posts
    • 3,544 Thanks
    SSDD23
    Excellent news on the MOT front, that is generally the most worrying time as a car owner. Some garages want to just 'discover' faults. I have mine due at end of year and not sure what to expect really so starting to save a little but I bought it from a friend who is a ford mechanic and its seems to have been well looked after.

    Crap news re the house hunt, its crap when you see pics and go expecting to see one thing and see the total opposite. Hopefully though you will find the one soon, are you looking at renting?
    Originally posted by FootyFanDan
    Agreed, I'm lucky to have found a great mechanic who also collects and returns my car so that I can go to work and not need to book any holiday to be able to get things sorted - one of the main reasons I don't want to move too far from where we are now if possible

    Yes, we are renting for now. Once we're debt free, I will hammer money towards a deposit, saving what I can into my HTB ISA before then. OH will have his part set aside when his current house is sold, but I want to be able to contribute equally to the deposit and I would like a decent-sized one too so that we could look to buy before all of my bad stuff on my credit file is gone
    Debt Target #02 - 0/207.66 (0%)
    Debts busted: 1/11
    NSD Target: 9/20
    • natsplatnat
    • By natsplatnat 13th Jun 19, 9:31 AM
    • 2,964 Posts
    • 2,734 Thanks
    natsplatnat
    Not much to report here from me...

    I had an email from Amazon Prime this morning saying that my payment card for renewing my membership is no longer valid, lord knows what card that was, but it's a good thing as I would have been royally screwed with an unexpected 79 expense. I will let that lapse and use OH's if needed
    Originally posted by SSDD23

    Hi!


    You can share an Amazon Prime subscription between 2 or 3 Amazon Accounts... I'm not sure if you have to be at the same address or not. Once logged into your OH's Amazon, in the Account / setting option you can fill in the details for your Account and then you get the benefit!
    LBM ,- Wed 19th Nov 2008 21,225 PAID OFF
    *DEBT FREE 28th September 2015*


    • SSDD23
    • By SSDD23 13th Jun 19, 10:36 AM
    • 1,209 Posts
    • 3,544 Thanks
    SSDD23
    Hi!


    You can share an Amazon Prime subscription between 2 or 3 Amazon Accounts... I'm not sure if you have to be at the same address or not. Once logged into your OH's Amazon, in the Account / setting option you can fill in the details for your Account and then you get the benefit!
    Originally posted by natsplatnat
    This is why I love this forum - lots of people with lots of tips and knowledge! Thank you natsplatnat x
    Debt Target #02 - 0/207.66 (0%)
    Debts busted: 1/11
    NSD Target: 9/20
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