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  • FIRST POST
    • DaringToDream
    • By DaringToDream 22nd Apr 17, 8:48 PM
    • 198Posts
    • 493Thanks
    DaringToDream
    DaringToDream of a Debt Free Life!
    • #1
    • 22nd Apr 17, 8:48 PM
    DaringToDream of a Debt Free Life! 22nd Apr 17 at 8:48 PM
    So here goes with a shiny new diary. I had one previously but seeing that i hadnít posted for years and my circumstances have massively changed (new job, new house, different (but not that new) partner), it seemed sensible to start afresh.

    Iíve been a diary stalker (in a healthy way) for years, and a few of you have really helped and inspired me over the past few months. In particular- Bobarella, Louby, Poor Single Lady, Coastal Chick, Mummy2Girls- thank you!!!

    I have debt, and as hard as it is admitting it myself, have been in debt since i graduated uni almost 10 years ago. This includes still being in my student overdraft (which is thankfully still interest free) which is something iím not proud of.

    So i have a few debt goals to keep me focused:

    Goal 1) Pay of student overdraft by end of July 2017 (10 years after i graduated!!!) This one may actually slip a bit depending on how well i do with other debts as the first £1000 is currently interest free so it makes sense to throw this money at other debts first, but paying it off is my goal, or at least reducing it before the interest free level drops to £500 at the end of July.

    Goal 2) Pay off ccís

    Goal 3) Save to pay off my car finance. Itís currently sitting at £11,200. I stupidly took it out on PCP and what a stupid decision - totally think this is the next misselling scandal. I paid off a lump sum thinking i could keep my monthly payments the same and just reduce my balloon payment, but apparently this isnít allowed, so of the £120 i now pay each month, £110 is interest and only £10 capital repayment , so this loan has to go ASAP. Unfortunately the balloon payment is £11000 so itíll take me a while to save this up, but i reckon if i can get close-ish i can get a 0% card or lower interest loan and pay it off and save paying so much interest. I commute a minimum of 300 miles a week though so a comfortable and reliable car is a must- just need to pay it off.

    That's probably long enough for an opening post. Will post more debt details below.

    DTD xx
Page 10
    • DaringToDream
    • By DaringToDream 13th Jan 18, 7:41 PM
    • 198 Posts
    • 493 Thanks
    DaringToDream
    Eat from the freezer, not eat the freezer- it's been a long week
    Loan £13,339.81 (4.9%) Current End Date Dec 2020
    CC1 £3496.00 (0% for another 20 months)
    CC2 £2500 (0% for another 20 months)
    Total: £19335.81
    • Poor_Single_lady
    • By Poor_Single_lady 14th Jan 18, 12:03 PM
    • 1,426 Posts
    • 5,505 Thanks
    Poor_Single_lady
    Hi Daring to Dream.
    Good luck with the weight watchers. I really enjoyed the meetings but struggled a lot. It does work for a lot of people. Think I need to do more moving and drink less really.
    Pleased you have a holiday booked. It will do you good.
    2017- 5 credit cards plus loan
    Overdraft And 1 credit card paid off.

    2018 plans - reduce debt
    • DaringToDream
    • By DaringToDream 14th Jan 18, 3:53 PM
    • 198 Posts
    • 493 Thanks
    DaringToDream
    Thanks PSL. I've only joined online because the meeting times don't really work for me, but it's going ok so far. Aiming to lose a stone in 8 weeks which should be doable at 1-2 pounds a week, mainly so i can wear a bikini on holiday for the first time in years (last time in a bikini was on my last holiday 4 years ago!!). It's crazy how many points are in some of the processed foods though- i accidentally picked up 'full fat' ribena instead of sugar free and a single glass is 1/5 of my daily points-eek! Even if all else fails though i've definitely eaten more fruit and veg, and it's probably the first time in weeks (if not months ) i've got my 5 a day, so that can only help with all the easy flu bugs around at the moment!

    On course for a NSD today which is good. Got yoga tonight and then need to get myself ready for a busy week- 2 pilates classes, 1 dinner out with the girls and 3 days working in London. Is it bad i'm counting down to next Friday already?

    DTD xx
    Loan £13,339.81 (4.9%) Current End Date Dec 2020
    CC1 £3496.00 (0% for another 20 months)
    CC2 £2500 (0% for another 20 months)
    Total: £19335.81
    • DaringToDream
    • By DaringToDream 15th Jan 18, 9:11 PM
    • 198 Posts
    • 493 Thanks
    DaringToDream
    Decent day today, had to spend £6.72 on a book of 2nd class stamps to finally post the last of the thank you cards (can't believe how expensive stamps have got- remember when they were 19p each!!). Also spent £2.15 on a coffee because needed to do a bit of admin (job applications so had to be out of the office) over lunch and the only place i could sit down required you to purchase a drink .

    Diet going ok, first weigh in today and 3lb down which is a good start, although likely all water retention. Will keep plodding this week and see how i do. Was saving my points for dinner with the girls on Wednesday, and had arranged to work in London especially, but now they have cancelled. Good for money and diet but hate it when people are so flaky, i'm not sure they realise quite how frustrating it is to plan to be somewhere when you don't live or permanently work there, only for people to cancel . Oh well, will think of the money and diet saving!

    Going to be a fairly busy week but mostly already paid for so will hopefully be able to keep the spends to a minimum. Tomorrow is my first day in London since i started the diet so i'll see how i do when i have to eat all my food out!!

    Got some money tracking on prolific so up to £12.00, and a 12 auctions live on eb*y, one with 10 watchers so fingers crossed for some sales to offset the giant car bill on Friday!!

    DTD x
    Loan £13,339.81 (4.9%) Current End Date Dec 2020
    CC1 £3496.00 (0% for another 20 months)
    CC2 £2500 (0% for another 20 months)
    Total: £19335.81
    • DaringToDream
    • By DaringToDream 17th Jan 18, 7:05 AM
    • 198 Posts
    • 493 Thanks
    DaringToDream
    Morning- nearly half way through the week although this week seems to be dragging along very slowly!!

    Spent £1.19 over my expenses allowance yesterday so although not an NSD notvterrible, just got to wait for the expenses claim to track. Back in London today again so will be another day on expenses so not horrendous, unless the girls change their mind and decide that our girly dinner dinner is back on (they're great friends but so flaky when it comes to organising anything!!).

    Managed to stay on points with the diet, eating loads more fruit and veg so feeling a lot healthier, although still belly is still getting used to being a bit hungrier! Need to get some food in today because the fridge is actually empty. Although I paid a little bit for the WW sign up I think this diet will actually save me money because all my meals are planned so there's no popping out to get things, and there's no treats or takeaways either. Hoping to get a run in later but my knee is still playing up so might not happen, we'll see.

    eBay sales finish on Friday, and prolific is up to £12. Have decided that I'm gonna save all my prolific money for beauty treats before holiday. Need my roots done and want a spray tan coz it's so long since my body saw the sun I'm practically luminous. If i can afford it I'd like to have my nails done too. If I save up a treat fund from prolific then that will hopefully offset some of it and I won't feel so bad about spending money on myself!

    DTD xx
    Loan £13,339.81 (4.9%) Current End Date Dec 2020
    CC1 £3496.00 (0% for another 20 months)
    CC2 £2500 (0% for another 20 months)
    Total: £19335.81
    • DaringToDream
    • By DaringToDream 17th Jan 18, 9:20 PM
    • 198 Posts
    • 493 Thanks
    DaringToDream
    God, was that message written this morning- seems like an ages ago!!

    Just in the train home from work now, dinner with the girls was uncancelled so worked a bit late and then wait for food. Luckily the place we wanted to go was full so we ended up getting pizza wine and chocolate and heading back to my friends flat for dinner instead. My contribution was the dessert- so total spends for the day we're £6.80 so nowhere near as bad as they could have been! The fridge is absolutely empty though so will have to go to the late shop on the way home from the station and get milk and lunch for tomorrow.

    Dinner blew the WW budget a bit but used some of my weekly points for a small glass of wine, few slices of oven pizza and some chocolate so not the end of the world. Thank god I was driving though coz with the day I've had I could easily have had a few more glasses of wine!

    Hopefully a quieter end to the week, exercise class tomorrow and then a chilled weekend planned (hopefully) xx
    Loan £13,339.81 (4.9%) Current End Date Dec 2020
    CC1 £3496.00 (0% for another 20 months)
    CC2 £2500 (0% for another 20 months)
    Total: £19335.81
    • DaringToDream
    • By DaringToDream 19th Jan 18, 10:47 PM
    • 198 Posts
    • 493 Thanks
    DaringToDream
    Day of ups and downs today. Spent £46 on food which was a lot (why is healthy food so much more expensive). I did
    Get enough to do a bit of batch cooking though so should last me a while! Also spent £42 signing up to a half marathon. Need a goal and I've not done a proper event in a while, so time to push myself a bit more!

    In better news the car was in the garage, and I was told it needed some work doing that would cost £280. When I went and picked it up they said it was a mistake and that it was all covered under the service plan- woo hoo!!

    Got a job offer and accepted it today. Not going to start for a few months but is a lot more commuting spends for no more salary so will need to reign things in tighter. Will impact on debt busting but worth it to get away from current horrible job!

    Chilled weekend planned. Need to run, keep on the healthy eating plan, sleep, and catch up on housework. Rock and roll

    DTD x
    Loan £13,339.81 (4.9%) Current End Date Dec 2020
    CC1 £3496.00 (0% for another 20 months)
    CC2 £2500 (0% for another 20 months)
    Total: £19335.81
    • DaringToDream
    • By DaringToDream 20th Jan 18, 11:28 AM
    • 198 Posts
    • 493 Thanks
    DaringToDream
    So some news today, and i've spent the morning putting my finances in place to allow it. Until i can start new job i'm taking time off work, nominally as study leave for my uni work (this has been booked in a while and the prospect of it is literally the only thing that has kept me going), but also to protect my mental health because horrible job is really sucking the life out of me. Having seen other colleagues get seriously ill from stress and depression due to the job, i can see work is making me go the same way, and i'm definitely not myself, so i need to nip it in the bud. So 9 weeks unpaid leave (although 4 will be paid from saved holiday pay and flexi) to decompress, and then will hopefully start straight into new job refreshed and raring to go! Only 7 days left in horrible job to get through.

    So- have spent this morning plotting finances- Have been accepted for a 0% cc for 31 months, as seen in the MSE email. This also comes with associated points from the supermarket we do our shopping in, so that will be handy! Plan is to pay uni tuition fees (saved for) and other necessary spends on the card to protect my savings and give me a cash buffer while i'm not earning. The other benefit of this is that my savings will continue to accrue interest so i'll actually end up making (a little bit of) money. Then once study leave is over and i'm back full time earning, i will either continue to pay off the minimum and then pay the rest to savings to offset the card but maximise savings interest during the 0% period, or i'll start overpaying the card to get it gone- thoughts?

    I'm also going to switch my current account to get a switching bonus, and better savings rates, but will wait until pay day because i have a few dd's out in the next few days that i don't want to mess up!

    So all is looking positive. Sticking to diet so need to be good ahead of my weigh in on Monday. Otherwise a quiet weekend planned! Hope the weather is better out there in diary land than it is here!

    DTD xx
    Loan £13,339.81 (4.9%) Current End Date Dec 2020
    CC1 £3496.00 (0% for another 20 months)
    CC2 £2500 (0% for another 20 months)
    Total: £19335.81
    • DaringToDream
    • By DaringToDream 12th Jun 18, 3:42 PM
    • 198 Posts
    • 493 Thanks
    DaringToDream
    So I'm back. 5 months off and debt has increased considerably. To be fair it's all expected, as i mentioned in my last post in January i took 2 months unpaid off work, and then i switched jobs which messed with my pay dates. So between end of Jan and May i only got paid about £1600-not even enough to pay my share of the mortgage-eek! OH has been amazing and i did have some money saved, but with tuition fees due too i had to put some spends onto credit card and debt has now increased to over 19k. I'm not too concerned about this, a large part is my car loan which i could erase by selling the car, and i also have £1500 hidden away as a serious rainy day fund, although it's in shares so i don't really want to touch it. So i think my actual liability if i were to cash everything in would be more around 5k. I'm hoping to have to not sell my car however, and now i'm earning a full salary again to recommence chipping away. I'm keeping my SOA private but have trimmed it to the bare bones, set myself a budget for everything, and have been eb*ying like crazy. With all of this i should be able to pay off £500 a month minimum, plus hopefully a few little extra payments along the way.

    Total debt stands at
    Loan £13,339.81 (4.9%) Current End Date Dec 2020
    CC1 £3496.00 (0% for another 20 months)
    CC2 £2500 (0% for another 20 months)
    Total: £19335.81!!

    I've set up a regular saver account at 5% and am paying in £30 a month to this so when that matures next year i'll pay a lump off the loan which should bring the end date forward a month. Other than that i'll me making the minimum payments at the cards as they are on 0% and throwing everything else at the car loan. Plan is in place, only cloud on horizon is that i need new tyres so will need to put money aside for these over the next few months (hopefully by cutting back on my budgeted weekly spends and saving the difference). I've also set up an emergency fund for future car work etc so am making tilly tidies to that to get it off the ground!

    Aim is to pay it all off my the end of 2020- my student loan is due to end then too so if i could pay off the loan and student loan i'd be £750 better off a month- crazy!!
    Loan £13,339.81 (4.9%) Current End Date Dec 2020
    CC1 £3496.00 (0% for another 20 months)
    CC2 £2500 (0% for another 20 months)
    Total: £19335.81
    • DaringToDream
    • By DaringToDream 13th Jun 18, 5:36 PM
    • 198 Posts
    • 493 Thanks
    DaringToDream
    Good day today, took in my own breakfast and lunch to Work and didn!!!8217;t buy any coffees or snacks. Working in a big city is dangerous when it comes to treats, so glad my willpower remained intact today! Working from home the rest of the week so less opportunity to spend! Also cancelled an exercise class I was going to tonight so that will save me £6- will run instead which is free!! Made a little fully tidy too to my cc so all steps in the right direction!

    Chilled night with OH in front of the tv tonight I think. Weigh in tomorrow so need to try and stay on track and not get tempted by wine or chocolate so I get a loss this week!!

    DTD xx
    Loan £13,339.81 (4.9%) Current End Date Dec 2020
    CC1 £3496.00 (0% for another 20 months)
    CC2 £2500 (0% for another 20 months)
    Total: £19335.81
    • DaringToDream
    • By DaringToDream 14th Jun 18, 7:27 AM
    • 198 Posts
    • 493 Thanks
    DaringToDream
    Hmm so didnít run last night, got lured in by the thought of wine and popcorn in front of the tv, most of the treats came out of the house food budget, so only £5 out of my only weekly spends. A nice treat but well needed quality time with OH. Still for £20 in my personal fund for the rest of the week so that should be plenty what with working from home, and will leave a little bit to have a treatment with OH and DSS at the weekend.

    Been stalking the old style and also the food and groceries board whilst lazing in bed this morning with a coffee. I love working from home because I have a really long commute normally so itís such a luxury to have a (relative) lie in, potter about, and still be at my computer normal time! OH has had some health problems that last few months so weíve cut out all processed food apart from the occassional treat and trying to eat as clean as possible. Weíre yellow stickering as much as we can, but the food budget has still really shot up. Iím batch cooking and buying on deals but any tips gratefully received! OH will be fine but I think itís more a bit of a shock and a wake up call that we arenít as young as we once were!

    Weight in this morning and a small loss, 7 pounds to go and Iíll officially not be overweight anymore, so a bit of motivation and 6 weeks until weíre possibly going on a weekend away so the fear of wearing a bikini should drive me on!
    Loan £13,339.81 (4.9%) Current End Date Dec 2020
    CC1 £3496.00 (0% for another 20 months)
    CC2 £2500 (0% for another 20 months)
    Total: £19335.81
    • DaringToDream
    • By DaringToDream 15th Jun 18, 10:41 AM
    • 198 Posts
    • 493 Thanks
    DaringToDream
    Spent £10 last night on (healthyish) takeaway which isn't great but is the first time in a few months we've had one. Ran this morning to make up for it! Have to go to the supermarket later to do a small food shop, got meat already in but need some fish, veg and yogurt. Need to keep it under £20 as that is all that is left in food budget for this month- we're trying to do a month in under £240 but that is proving hard with the amount of fresh fish, veg and fruit we are eating now under this restrictive diet we're on for OH. The ngot a busy weekend planned, got DSS here, lunch with friends on Saturday and then a family member coming to stay a few days on Sunday. Busy busy and a full house so enjoying working from home today and making the most of the peace and quiet!

    Got £11 pending payment from prolific which will go into car tyre fund. Jobs for today are sorting out getting valuations of a few high(ish) value items i have that i'm hoping to sell. I want to get them valued independently so i don't get undercharged when i eventually sell them. Then food shop in my lunch break and catch up with laundry whilst working from home today- gorgeous weather so perfect day to catch up on a bulk load!
    Loan £13,339.81 (4.9%) Current End Date Dec 2020
    CC1 £3496.00 (0% for another 20 months)
    CC2 £2500 (0% for another 20 months)
    Total: £19335.81
    • DaringToDream
    • By DaringToDream 20th Jun 18, 7:28 PM
    • 198 Posts
    • 493 Thanks
    DaringToDream
    Good few days and a fairly MSE weekend which was good. Week is going pretty slowly though. Exhausted this week, trains are a nightmare at the moment so i've spent quite a few hours stranded at stations meaning i've spent a bit more money that i'd have liked on dinners/coffees at the train station. Hopefully this has been covered by the train compensation though which i'm using to offset my commuting costs. I think more compensation is being announced too but i'm not holding my breath- the amount they give is tiny compared to the amount we're paying each month and the disruption they're causing. On the plus side if i do get a bit of extra compensation that will mean i can put a bit more that month against credit cards or the loan.

    Exercise class tonight which will be £6 and spent £5 earlier on a new stash of hay fever drugs. Hoping for a quiet day tomorrow and then all downhill to the weekend!
    Loan £13,339.81 (4.9%) Current End Date Dec 2020
    CC1 £3496.00 (0% for another 20 months)
    CC2 £2500 (0% for another 20 months)
    Total: £19335.81
    • DaringToDream
    • By DaringToDream 21st Jun 18, 6:56 PM
    • 198 Posts
    • 493 Thanks
    DaringToDream
    Only £2.50 spent today, needed to contribute to the tea/coffee stash at work, plus £5 spent on parking for work. The parking is unfortunate unavoidable but I!!!8217;ve done that maths and paying daily is still cheaper for me than monthly/annually because I can work from home a few days a week.

    This week has flown by, but that!!!8217;s pretty much because I!!!8217;ve not stopped-I!!!8217;m absolutely shattered today so can!!!8217;t wait for the weekend! Diet has gone to pot though because I!!!8217;m just existing on sugar and coffee to keep me awake!

    No weekend plans but hoping for a little date night! Need to pop to the shops tomorrow to get a little bit of fresh food in, but apart from that hopefully a cheap and chilled weekend!!

    DTD xx
    Loan £13,339.81 (4.9%) Current End Date Dec 2020
    CC1 £3496.00 (0% for another 20 months)
    CC2 £2500 (0% for another 20 months)
    Total: £19335.81
    • DaringToDream
    • By DaringToDream 29th Jun 18, 6:37 AM
    • 198 Posts
    • 493 Thanks
    DaringToDream
    Payday today woo hoo! Doing the standard payday shuffle so will update figures next week when everything has cleared! Annoyingly I!!!8217;ve been underpaid this month, and I also need new tyres so figures are likely to go up/stay the same until I get the back pay next month- grrr!!!
    Loan £13,339.81 (4.9%) Current End Date Dec 2020
    CC1 £3496.00 (0% for another 20 months)
    CC2 £2500 (0% for another 20 months)
    Total: £19335.81
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