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  • FIRST POST
    • dipdap
    • By dipdap 1st Oct 14, 1:22 PM
    • 6,133Posts
    • 88,549Thanks
    dipdap
    Working towards being debt free, a new house and now beyond!
    • #1
    • 1st Oct 14, 1:22 PM
    Working towards being debt free, a new house and now beyond! 1st Oct 14 at 1:22 PM
    This could be a long post with a lot of rambling as I'm not sure where to start.

    Me and DH currently owe £26,059 (I know right down to the penny what we owe ) and are working our backsides off to clear it all away
    This is only a fraction of what we originally owed. I've decided to post on here (it's taken me 18 months since I joined mse to finally feel confident enough to write everything down on here) as I need it to serve as a reminder to me to keep ploughing through this debt as we both really want that end goal.

    I'll start at the beginning way back in 1999.
    We did as many people have in their twenties and ignored our parents advice and spent money we didn't have. I finally realised the extent of our debt when i signed up to check our credit reports in 2009 (for both me and DH) and saw in black and white the amount we owed. My memory is a little hazy but a recent calculation has set the figure at £68,000 in early 2009. This was the peak of our debts and i was a figure I've been scared to utter for many years since. Nobody knows exactly how bad we were, just me and after a few months DH (I initially kept it to myself while i tried to get my head round everything).
    Like many other people I have no idea where some of it has gone (3 brand new cars over the years account for quite a bit).
    On top of that we have a house which was bought for £30,000 many years ago and after remortgaging a few times (yes I know how stupid it was) the mortgage ended up at £100,000

    Seeing this written down makes me feel sick but I've felt the need to post it here to serve as a reminder to myself and DH that we will not make the same mistake again down the line.
    I set myself up a spending diary in January 2013 (back then it was a little notebook, today I have a 2014 diary) which documents every penny we spend and all money that comes in.
    I've just totted up how we've handled our debt in the last 5 years (using the free to access credit report)
    *edited to include a couple more years *

    2009 = £63600
    2010 = £62200
    2011 = £55200
    2012 = £47900
    2013 = £37600
    2014 = £26000
    2015 = £7520
    2016 = £2500

    In the last couple of months we've had an agreement in principle on the mortgage for the new house we want to buy (new build, not very mse i know) and we have about £38k in equity in this house, so the new mortgage is on the proviso that we clear all our debts before we move (I know a mortgage shouldn't be used to clear debts, but we're happy to go down that route as any spare money when we move will be used to overpay and bring down the balance).

    Sorry for rambling, we have gone it alone in clearing off the debt, I've posted on here as money recently has become less tight as monthly commitments have been removed. I don't want us to become complacent, we can keep working on this debt

    I wish I'd posted this at the start of last year, but at the same time I just couldn't bring myself to write it down
    Last edited by dipdap; 05-01-2017 at 10:50 AM. Reason: Adding new figures
    Historic Debt August 2009 = £63,600 10th March 2017 = £0 100% paid all gone!
    PAYDBX2018 # 102 = £1,810 / £7,000 25% paid
    Saving for Xmas 2018 = PP £0 TCC £195 Amazon £0
    If you focus on what you have left behind, you won't see what lies ahead - Gusteau
Page 1
    • dipdap
    • By dipdap 2nd Oct 14, 1:09 PM
    • 6,133 Posts
    • 88,549 Thanks
    dipdap
    • #2
    • 2nd Oct 14, 1:09 PM
    • #2
    • 2nd Oct 14, 1:09 PM
    Start of October, debts outstanding as of today.
    Loan £6300
    Bcard £3500 (0% finishes December 28th)
    Tcard £973 (£600 @ 0% finishes September 2015)
    Lcard £3811 (0% finishes February 2016)
    3.5% loan £10553

    Right it's a new day so I'm going to sit down and work out my budget for the month.
    I've allowed £200 a week for groceries, fuel, after school clubs and anything else I've missed. Also allowed a spare £200 for new kitchen and hallway flooring.
    I think I have £200 spare after all of that so I shall be paying another chunk off that pesky credit card

    Feel like I'm off to a good start, still woke up this morning feeling positive
    Historic Debt August 2009 = £63,600 10th March 2017 = £0 100% paid all gone!
    PAYDBX2018 # 102 = £1,810 / £7,000 25% paid
    Saving for Xmas 2018 = PP £0 TCC £195 Amazon £0
    If you focus on what you have left behind, you won't see what lies ahead - Gusteau
    • MrsSmith2013
    • By MrsSmith2013 2nd Oct 14, 2:35 PM
    • 483 Posts
    • 522 Thanks
    MrsSmith2013
    • #3
    • 2nd Oct 14, 2:35 PM
    • #3
    • 2nd Oct 14, 2:35 PM
    Hi Dipdap, didn't want to read and run so thought I would say hello!

    Well done on getting as far as you have already with your debts, you're doing a great job. Have you ever posted an SOA on here to see where you can cut back? I found it quite helpful.

    The one thing that stands out to me is £200 a week seems A LOT for food and petrol and things, how many is that to feed, and is there a lot of travel to work or something involved?

    I find meal planning helps with the food budget, but you maybe do that already. We budget £100 per week for food and stuff, and anything left from that comes off the debt.

    Will subscribe to you diary and keep up to date with your progress.

    Mrs S x
    1st Jan 2014 £20,600 / 1st Jan 2015 £15,572.90
    **Feeling Hopeful that 2015 will be our Debt Free Year**
    • dipdap
    • By dipdap 2nd Oct 14, 3:11 PM
    • 6,133 Posts
    • 88,549 Thanks
    dipdap
    • #4
    • 2nd Oct 14, 3:11 PM
    • #4
    • 2nd Oct 14, 3:11 PM
    Hey Hun
    I did wonder if anybody would read my diary, thanx
    Depending on who's here there can be up to a maximum of 7 of us.
    Looking at my spending diary, the £200 is the maximum I set aside for everything I have to shell out on that week, I'm obviously going wrong somewhere there's food, fuel, dance classes, basketball club, bus fares, ciggys (not me!)
    I really need to find some time for an SOA but I know if I do one somebody will tell me the £100 a month TV,phone and internet package should go
    I'm not very good at being told off!

    I'll grab a pen and paper at some point and see exactly where the money goes each week (I've been writing it down a year and a half but still haven't digested exactly what goes where!)
    Last edited by dipdap; 02-10-2014 at 3:27 PM.
    Historic Debt August 2009 = £63,600 10th March 2017 = £0 100% paid all gone!
    PAYDBX2018 # 102 = £1,810 / £7,000 25% paid
    Saving for Xmas 2018 = PP £0 TCC £195 Amazon £0
    If you focus on what you have left behind, you won't see what lies ahead - Gusteau
    • PinkPoppies
    • By PinkPoppies 2nd Oct 14, 4:12 PM
    • 560 Posts
    • 1,123 Thanks
    PinkPoppies
    • #5
    • 2nd Oct 14, 4:12 PM
    • #5
    • 2nd Oct 14, 4:12 PM
    Love your username Dipdap, my two children adore good old Dipdap!

    Sounds as though you are well on your way to beating your debt! *subscribes!*
    Total Starting Debt August 2014- £38,061
    Current Debt- £3600

    Mortgage Offset Savings- £600
    90.5% paid off so far...
    • dipdap
    • By dipdap 2nd Oct 14, 8:18 PM
    • 6,133 Posts
    • 88,549 Thanks
    dipdap
    • #6
    • 2nd Oct 14, 8:18 PM
    • #6
    • 2nd Oct 14, 8:18 PM
    Hey Hun, thanx
    I've only just figured out what subscribing means

    I thought I'd pop back on and jot down my spending log for the day.

    £15.57 boots (expensive deodorants which work wonders on stinky kids!)
    £9.39 on grocerys (bread, milk, yogurts and some pizzas)
    £9.00 on DD dance class.
    £28.00 on amazon (2 football shirts for DH, curse you deal websites!)
    £2.98 on McDs (DH had dinner while working)

    Total spend for the day = £64.94

    Dance class is usually an unavoidable expense, DD has been dancing since she was little and in a few years she can pay for it herself!
    The deodorant stuff is brilliant, although it's about 6 quid a bottle, I had a voucher so am stocked up for 3 months
    DH used to always want the current footie shirt (if he liked it) but we stopped getting them at full price a while ago. If they come up at a reasonable price I'll grab one for him. Probably shouldn't have bought 2 (different colours) so will probably cancel one before it's shipped.
    Groceries, I really need to sort this one out as I never do a full weekly shop (can't drive) and tend to grab stuff almost every day

    Time to myself tonight as DH is away with work, I may have to write up a shopping list for the weekend might have to give this meal planning thing a go
    Last edited by dipdap; 05-10-2014 at 11:48 AM.
    Historic Debt August 2009 = £63,600 10th March 2017 = £0 100% paid all gone!
    PAYDBX2018 # 102 = £1,810 / £7,000 25% paid
    Saving for Xmas 2018 = PP £0 TCC £195 Amazon £0
    If you focus on what you have left behind, you won't see what lies ahead - Gusteau
    • GunWharf
    • By GunWharf 2nd Oct 14, 10:19 PM
    • 307 Posts
    • 1,017 Thanks
    GunWharf
    • #7
    • 2nd Oct 14, 10:19 PM
    • #7
    • 2nd Oct 14, 10:19 PM
    Hello Dipdap

    You are doing a splendid job on the debt crunching and good on you!

    I have read your first post and well done for it.

    I will check in and see how you are doing!

    All the best from the Cap'n on the South Coast
    (Debt Jan 2014 LBM £34,000) Current 2016 "Problems" as follows:

    C Cards 1,2,3,4 WAS £18,333 NOW£0 ...Overdraft WAS £2700 NOW£0
    Secured Loan
    WAS £4113 NOW£0.......Loan WAS £8864 NOW £6,000

    DEBT TODAY = £6,000
    (£28,000 PAID OFF SO FAR!)
    • Dobbibill
    • By Dobbibill 3rd Oct 14, 12:17 AM
    • 3,315 Posts
    • 4,246 Thanks
    Dobbibill
    • #8
    • 3rd Oct 14, 12:17 AM
    • #8
    • 3rd Oct 14, 12:17 AM
    Hey dipdap,

    You have been doing fantastically well and you are very brave to post here and admit where you may have made mistakes in the past and have learned from them. Well done!

    If you want to post a SOA then here's the link:-
    http://www.stoozing.com/calculator/soa.php

    No one will tell you off, the good people of the forum will advise and make suggestions of successes they have found but what you decide to do has got to be something you, your family and your lifestyle can adapt to.

    I'm sure you diary will give you added motivation and support and I wish you all the best on your journey ahead.

    #subscribed

    Good luck

    DB
    • tootallulah
    • By tootallulah 3rd Oct 14, 7:13 AM
    • 2,168 Posts
    • 7,604 Thanks
    tootallulah
    • #9
    • 3rd Oct 14, 7:13 AM
    • #9
    • 3rd Oct 14, 7:13 AM
    My goodness you have been working hard, well done so far looking forward to seeing you over on Mortgage Free Wannabee.
    Mortgage House £45,000, 26 January 2018, 17th September 2018 £1,000.
    • dipdap
    • By dipdap 3rd Oct 14, 7:34 AM
    • 6,133 Posts
    • 88,549 Thanks
    dipdap
    Morning all thanx for reading and taking the time to reply

    I'm having a day out today, meeting up with DH, but it's gonna cost me £6 ish in bus fares, boo!
    Free cake and coffee with vouchers
    I've got £20 in nxt vouchers, £40 in debnms vouchers and a fiver for bdy shp to use
    Funny thing is when I have a set amount on a voucher to use I tend to spend ages looking and end up not buying anything

    At least I get to go shopping I do love a good day out and the kids love the bus trip
    Historic Debt August 2009 = £63,600 10th March 2017 = £0 100% paid all gone!
    PAYDBX2018 # 102 = £1,810 / £7,000 25% paid
    Saving for Xmas 2018 = PP £0 TCC £195 Amazon £0
    If you focus on what you have left behind, you won't see what lies ahead - Gusteau
    • MrsSmith2013
    • By MrsSmith2013 3rd Oct 14, 12:39 PM
    • 483 Posts
    • 522 Thanks
    MrsSmith2013
    Hope you have a lovely day out - we all need a little treat now and again and I think if you deprive yourself of the little treats, you end up having a meltdown and a massive spending splurge!! I do anyway, I have terrible willpower and no patience!

    Look forward to reading your SOA, promise we'll be kind! I find these forums are full of nice people (mostly!) on the same journey trying to clear their feet and rectify past mistakes.

    Enjoy spending your vouchers!
    Mrs S x
    1st Jan 2014 £20,600 / 1st Jan 2015 £15,572.90
    **Feeling Hopeful that 2015 will be our Debt Free Year**
    • dipdap
    • By dipdap 3rd Oct 14, 11:48 PM
    • 6,133 Posts
    • 88,549 Thanks
    dipdap
    We had a lovely day today
    Spending for today, I'm loving seeing it written down, it don't half make me think about what I'm spending when I know I have to write it down

    £7.05 on bus fare I sometimes forget how expensive buses can be
    £2.73 on food (bread, milk and some squash)
    £1.90 on chips (lazy dinner tonight, fish out of the freezer and chips from the chippy )

    Total spend for the day = £11.68

    Have had a pretty good day, did lots of window shopping and didn't see anything I liked in the shops I had gift cards for so didn't use them
    I was very pleased with myself as Disney shop had lots of frozen stuff on display, but I was a good girl and didn't buy any
    I've written a meal plan for next week (just need to work on desserts).

    Monday - pizzas
    Tuesday - burgers
    Wednesday - curry
    Thursday -pizza
    Friday - gammon and chips
    Saturday -pizza
    Sunday - Sunday dinner from the choice of freezer meat and usually trimmings

    I know pizza pops up 3 times, I have an influx of them in the freezer due to buying them really cheap so it seems daft not to use them
    Have put in an online shopping order which seems to be easier than wandering the supermarket with a trolley, am gonna see how that goes as I never usually do a shop for the week
    Tomorrow I plan to do my SOA
    Last edited by dipdap; 05-10-2014 at 11:50 AM.
    Historic Debt August 2009 = £63,600 10th March 2017 = £0 100% paid all gone!
    PAYDBX2018 # 102 = £1,810 / £7,000 25% paid
    Saving for Xmas 2018 = PP £0 TCC £195 Amazon £0
    If you focus on what you have left behind, you won't see what lies ahead - Gusteau
    • bubbs
    • By bubbs 4th Oct 14, 10:27 AM
    • 52,899 Posts
    • 628,149 Thanks
    bubbs
    Hello you
    Well done like we were saying the other day you have done fantastically well and i KNOW you will do this
    I will keep an eye here to make sure you keep it updated
    Sealed pot challenge number 242 £350 for 2015, 2016 £400 Actual£345, £400 for 2017 Actual £500
    Stopped Smoking 22/01/15
    :5 st 4 lb
    • dipdap
    • By dipdap 4th Oct 14, 1:51 PM
    • 6,133 Posts
    • 88,549 Thanks
    dipdap
    Hey Bubbs I did wonder if you'd come over for a read I know you'll nag me if I don't keep this updated

    Paid just over £300 off a credit card today (it don't half feel good to do that )
    Was waiting for the bill to turn up as half the card has a 0% bt on it and half doesn't so hopefully have cleared off all the bit that doesn't now
    Going to work out for dinner for tomorrow, think we'll go for the usual freezer Sunday I have a feeling we have a chicken joint in the freezer that will go down well

    Very proud of myself today, I didn't buy that nice soft rug I saw for my lounge
    Last edited by dipdap; 04-10-2014 at 1:54 PM.
    Historic Debt August 2009 = £63,600 10th March 2017 = £0 100% paid all gone!
    PAYDBX2018 # 102 = £1,810 / £7,000 25% paid
    Saving for Xmas 2018 = PP £0 TCC £195 Amazon £0
    If you focus on what you have left behind, you won't see what lies ahead - Gusteau
    • dipdap
    • By dipdap 4th Oct 14, 5:34 PM
    • 6,133 Posts
    • 88,549 Thanks
    dipdap
    Statement of Affairs and Personal Balance Sheet

    Household Information

    Number of adults in household........... 2
    Number of children in household......... varies between 3 and 5, depending on how many I have to feed!
    Number of cars owned.................... 1

    Monthly Income Details

    Monthly income after tax................ 800
    Partners monthly income after tax....... 2000 (base salary is about £1600, DH has overtime currently guarenteed till Xmas)
    Benefits................................ 518
    Other income............................ 0
    Total monthly income.................... 3318


    Monthly Expense Details

    Mortgage................................ 520
    Secured/HP loan repayments.............. 0
    Rent.................................... 0
    Management charge (leasehold property).. 0
    Council tax............................. 81
    Electricity............................. 70 varies based on meter reading
    Gas..................................... 30 as above
    Oil..................................... 0
    Water rates............................. 42
    Telephone (land line)................... 15 part of package
    Mobile phone............................ 23
    TV Licence.............................. 13
    Satellite/Cable TV...................... 60 part of package
    Internet Services....................... 25 part of package
    Groceries etc. ......................... 400 not exactly sure how much we spend a month here, needs better calculation
    Clothing................................ 100 again not sure exactly how much this should be
    Petrol/diesel........................... 150
    Road tax................................ 10
    Car Insurance........................... 39
    Car maintenance (including MOT)......... 45
    Car parking............................. 30
    Other travel............................ 100 (school bus fares)
    Childcare/nursery....................... 74
    Other child related expenses............ 0
    Medical (prescriptions, dentist etc).... 12
    Pet insurance/vet bills................. 0
    Buildings insurance..................... 8
    Contents insurance...................... 5
    Life assurance ......................... 41 we're keeping this policy in place until we move for conveinience, then we'll end it and get a better deal
    Storage unit fees....................... 100 (most of the junk is currently in storage until we get this house sold, am going to try and haggle a discount)
    Presents (birthday, christmas etc)...... 20 not sure with this as i buy stuff in sales and keep it hidden
    Haircuts................................ 30
    Basketball.............................. 12
    Dance................................... 90
    Lottery................................. 18
    Total monthly expenses.................. 2163



    Assets

    Cash.................................... 0
    House value (Gross)..................... 110000
    Shares and bonds........................ 0
    Car(s).................................. 7000
    Other assets............................ 0
    Total Assets............................ 117000



    Secured & HP Debts

    Description....................Debt......Monthly.. .APR
    Mortgage...................... 72700....(520)......2.5
    Total secured & HP debts...... 72700.....-.........-


    Unsecured Debts
    Description....................Debt......Monthly.. .APR
    Lcard..........................3811......100...... .0 ends Feb 2016
    Tcard..........................975.......20....... .0 £600 is at 0% ends Oct 2015 the rest is being cleared off this weekend
    Bcard..........................3500......90....... .0 ends just after Christmas, reverts to normal APR which is probably about 20%
    Loan DH........................10553.....232.......3.5
    Loan me........................6300......304.......12.1
    Total unsecured debts..........25139.....746.......-



    Monthly Budget Summary

    Total monthly income.................... 3,318
    Expenses (including HP & secured debts). 2,163
    Available for debt repayments........... 1,155
    Monthly UNsecured debt repayments....... 746
    Amount left after debt repayments....... 409


    Personal Balance Sheet Summary
    Total assets (things you own)........... 117,000
    Total HP & Secured debt................. -72,700
    Total Unsecured debt.................... -25,139
    Net Assets.............................. 19,161


    Last edited by dipdap; 04-10-2014 at 5:53 PM.
    Historic Debt August 2009 = £63,600 10th March 2017 = £0 100% paid all gone!
    PAYDBX2018 # 102 = £1,810 / £7,000 25% paid
    Saving for Xmas 2018 = PP £0 TCC £195 Amazon £0
    If you focus on what you have left behind, you won't see what lies ahead - Gusteau
    • Dobbibill
    • By Dobbibill 4th Oct 14, 7:45 PM
    • 3,315 Posts
    • 4,246 Thanks
    Dobbibill
    Statement of Affairs and Personal Balance Sheet

    Household Information

    Number of adults in household........... 2
    Number of children in household......... varies between 3 and 5, depending on how many I have to feed! work with 5 for the purposes of the budget
    Number of cars owned.................... 1

    Monthly Income Details

    Monthly income after tax................ 800
    Partners monthly income after tax....... 2000 (base salary is about £1600, DH has overtime currently guarenteed till Xmas) work with 1600 for the purposes of the budget
    Benefits................................ 518
    Other income............................ 0
    Total monthly income.................... 3318


    Monthly Expense Details

    Mortgage................................ 520
    Secured/HP loan repayments.............. 0
    Rent.................................... 0
    Management charge (leasehold property).. 0
    Council tax............................. 81
    Electricity............................. 70 varies based on meter reading
    Gas..................................... 30 as above
    Oil..................................... 0
    Water rates............................. 42
    Telephone (land line)................... 15 part of package
    Mobile phone............................ 23
    TV Licence.............................. 13
    Satellite/Cable TV...................... 60 part of package This seems quite high even as part of a package
    Internet Services....................... 25 part of package This too!!
    Groceries etc. ......................... 400 not exactly sure how much we spend a month here, needs better calculation
    Clothing................................ 100 again not sure exactly how much this should be
    Petrol/diesel........................... 150
    Road tax................................ 10
    Car Insurance........................... 39
    Car maintenance (including MOT)......... 45
    Car parking............................. 30
    Other travel............................ 100 (school bus fares)
    Childcare/nursery....................... 74
    Other child related expenses............ 0
    Medical (prescriptions, dentist etc).... 12
    Pet insurance/vet bills................. 0
    Buildings insurance..................... 8
    Contents insurance...................... 5
    Life assurance ......................... 41 we're keeping this policy in place until we move for conveinience, then we'll end it and get a better deal
    Storage unit fees....................... 100 (most of the junk is currently in storage until we get this house sold, am going to try and haggle a discount)
    Presents (birthday, christmas etc)...... 20 not sure with this as i buy stuff in sales and keep it hidden This seems quite low given there's up to 5 children in household on times
    Haircuts................................ 30
    Basketball.............................. 12
    Dance................................... 90
    Lottery................................. 18
    Total monthly expenses.................. 2163



    Assets

    Cash.................................... 0
    House value (Gross)..................... 110000
    Shares and bonds........................ 0
    Car(s).................................. 7000
    Other assets............................ 0
    Total Assets............................ 117000



    Secured & HP Debts

    Description....................Debt......Monthly.. .APR
    Mortgage...................... 72700....(520)......2.5
    Total secured & HP debts...... 72700.....-.........-


    Unsecured Debts
    Description....................Debt......Monthly.. .APR
    Lcard..........................3811......100...... .0 ends Feb 2016
    Tcard..........................975.......20....... .0 £600 is at 0% ends Oct 2015 the rest is being cleared off this weekend
    Bcard..........................3500......90....... .0 ends just after Christmas, reverts to normal APR which is probably about 20%
    Loan DH........................10553.....232.......3.5
    Loan me........................6300......304.......12.1
    Total unsecured debts..........25139.....746.......-



    Monthly Budget Summary

    Total monthly income.................... 3,318
    Expenses (including HP & secured debts). 2,163
    Available for debt repayments........... 1,155
    Monthly UNsecured debt repayments....... 746
    Amount left after debt repayments....... 409


    Personal Balance Sheet Summary
    Total assets (things you own)........... 117,000
    Total HP & Secured debt................. -72,700
    Total Unsecured debt.................... -25,139
    Net Assets.............................. 19,161


    Originally posted by dipdap
    I would use basic wage for OH as when the overtime ends you will need to revise the SOA/budget. I've also highlighted a few other things to maybe help you. The money for internet/phone and TV seem a little high although you do say they are part of packages. It may be worth a phone call to see if they can give you a better deal (I pay £21.49 for both phone and internet and I know lots on here pay less again)

    With the estimated bills, maybe go through previous statements to get an average that gives you a realistic figure to work with.

    When overtime stops it doesn't leave you with much to excess in the budget.

    Just a few ideas, some may work, some may not but good luck tweaking it

    DB
    I'm a Board Guide on the Energy, Student Money Saving, UK Armed Forces and
    Local Money Saving - Wales boards. I'm a volunteer to help the boards run smoothly, and I can move and merge posts there.
    Board guides are not moderators and don't read every post. If you spot an abusive or illegal post then please report it to forumteam@moneysavingexpert.com. Any views are mine and not the official line of MoneySavingExpert.com.


    It's not about being the best -
    It's about being better than you were yesterday.
    • dipdap
    • By dipdap 5th Oct 14, 1:26 AM
    • 6,133 Posts
    • 88,549 Thanks
    dipdap
    Hey hun, thanx for reading
    After posting I had a feeling it may need tweaking, im gonna give myself a couple of weeks to work with the figures and see how it goes.
    Currently having my dinner break at work, I've realised I haven't done my spending for the day so will sort that out when I get home in the morning.
    I feel like I've had another good day today
    Historic Debt August 2009 = £63,600 10th March 2017 = £0 100% paid all gone!
    PAYDBX2018 # 102 = £1,810 / £7,000 25% paid
    Saving for Xmas 2018 = PP £0 TCC £195 Amazon £0
    If you focus on what you have left behind, you won't see what lies ahead - Gusteau
    • Dobbibill
    • By Dobbibill 5th Oct 14, 10:49 AM
    • 3,315 Posts
    • 4,246 Thanks
    Dobbibill
    Hey dipdap,

    SOA's almost always need tweaking. The 1st one is almost like a trial run. It's good to get one out there though so you have a focus and something down on paper/spreadsheet to work with. I know this was a big step for you so congrats for doing it

    Keeping a spending diary and tracking everything over the coming weeks will help with the tweaking and will also highlight any areas that are slightly out or missing.

    Dinner break at 1:30am = night shift then

    You are so focused and motivated, which is fab. Glad you've had a good day. It is contagious though and once you start seeing the savings and results, it then makes you want to find more savings and see more results

    I don't know if you are a lover of spreadsheets but I found this on another post and fell in love with it
    http://www.vertex42.com/ExcelTemplates/budgets.html

    Keep up the good work

    DB
    I'm a Board Guide on the Energy, Student Money Saving, UK Armed Forces and
    Local Money Saving - Wales boards. I'm a volunteer to help the boards run smoothly, and I can move and merge posts there.
    Board guides are not moderators and don't read every post. If you spot an abusive or illegal post then please report it to forumteam@moneysavingexpert.com. Any views are mine and not the official line of MoneySavingExpert.com.


    It's not about being the best -
    It's about being better than you were yesterday.
    • dipdap
    • By dipdap 5th Oct 14, 11:46 AM
    • 6,133 Posts
    • 88,549 Thanks
    dipdap
    Yeah I'm a night shift worker (fits round DH nicely )
    Got home from work this morning and fell straight asleep, so will jot down yesterday's spending now.

    £12.00 on paint (we're making this house look saleable so the odd thing is gonna keep cropping up ) and carpet glue.
    £5.00 on gym (one of the kids classes, not me )
    £4 on DH ciggys (not much I can do about this one!)
    £6.87 on food (stocked up on a shed load of reduced to clear crisps for the kids lunch boxes, plus some other lunch box bits)

    Total spend for the day = £28.81

    DH is a smoker (drives me mad) he did stop for ages as we just couldn't afford it, but he started back up again a while ago (can't remember how far back now). The deal was he could have 2 lots of 10 a week but since he's been doing overtime the deal is he has 10 every other day. It seems to work ok and makes him more tolerable to live with when he gets grumpy I can't talk though as when I get grumpy I reach for the chocolate
    Little bits for the house are inevitable at the moment we need to make this house look saleable so if it involves spending a tender on a bucket of paint (or a hundred quid on flooring which were due to buy ) then so be it
    Last edited by dipdap; 05-10-2014 at 11:55 AM.
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    • Dobbibill
    • By Dobbibill 5th Oct 14, 12:43 PM
    • 3,315 Posts
    • 4,246 Thanks
    Dobbibill

    DH is a smoker (drives me mad) he did stop for ages as we just couldn't afford it, but he started back up again a while ago (can't remember how far back now). The deal was he could have 2 lots of 10 a week but since he's been doing overtime the deal is he has 10 every other day. It seems to work ok and makes him more tolerable to live with when he gets grumpy I can't talk though as when I get grumpy I reach for the chocolate

    I know it's not very MSE to smoke but I do too (my bad! ) I found buying tobacco, filters, papers and little rolling machine alot cheaper long run - 50grams of tobacco would probably last him 2 weeks or more and is about £16.60

    Little bits for the house are inevitable at the moment we need to make this house look saleable so if it involves spending a tender on a bucket of paint (or a hundred quid on flooring which were due to buy ) then so be it
    Originally posted by dipdap
    Improving the house for selling is something that will pay off in the long run (more a marathon than a sprint)

    DB
    I'm a Board Guide on the Energy, Student Money Saving, UK Armed Forces and
    Local Money Saving - Wales boards. I'm a volunteer to help the boards run smoothly, and I can move and merge posts there.
    Board guides are not moderators and don't read every post. If you spot an abusive or illegal post then please report it to forumteam@moneysavingexpert.com. Any views are mine and not the official line of MoneySavingExpert.com.


    It's not about being the best -
    It's about being better than you were yesterday.
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