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  • FIRST POST
    • takingcontrolatlast
    • By takingcontrolatlast 1st Apr 19, 11:46 AM
    • 644Posts
    • 2,648Thanks
    takingcontrolatlast
    Debt Goals
    • #1
    • 1st Apr 19, 11:46 AM
    Debt Goals 1st Apr 19 at 11:46 AM
    Hi,

    I haven't posted in a very long time - I'm getting older and it feels like an eternity that i've been in debt and i really don't want to carry it on towards my retirement. My dreams for retirement do not include debt.

    Today is the 1st April and I have been the fool. I don't want to use this diary as a negative platform. i feel a new surge of inspiration as this time I have positive GOALS. I want to get out of debt because I want to plan my retirement and actually have some enjoyment from life, with my family and not just exist pay day to pay day.

    OK... so I'm breaking things down for me to manage and move forward with my goals.

    GOAL 1: Get Current with Bills

    The first goal to tackle is my car insurance which today will bounce. Stupid decision as I rely on transport for work.

    Solution

    Liaise with the company to see if I can pay double next month. My budget next month will take a big hit as this is a double expense.

    I need to cut back on the food budget or try and bring in some additional income. I do have money gifted to me for Mothers Day which I can utilise towards the payment.

    Good to be back x
Page 3
    • GlendaSugarbean
    • By GlendaSugarbean 26th May 19, 12:35 PM
    • 590 Posts
    • 4,354 Thanks
    GlendaSugarbean
    Having an accurate budget and tracking it regularly makes SUCH a difference. I try and log spending daily and check my balance /budget first thing in the morning - keeps me on track .

    And yes, if it ain't in the budget it doesn't happen!
    • takingcontrolatlast
    • By takingcontrolatlast 26th May 19, 3:39 PM
    • 644 Posts
    • 2,648 Thanks
    takingcontrolatlast
    Having an accurate budget and tracking it regularly makes SUCH a difference. I try and log spending daily and check my balance /budget first thing in the morning - keeps me on track .

    And yes, if it ain't in the budget it doesn't happen!
    Originally posted by GlendaSugarbean
    Hi

    I'm so excited for pay day - I have put all the direct debits that come out of the bank already into the spreadsheet as well as the debts that I pay monthly (I pay everything within 2-3 days of pay day). I have allocated whats left to the budgets.

    Thanks for the tip - I've got to stick to it now

    x
    Emergency Fund:£0/£500 -

    Debts paid off
    Loan - £1400 Overdraft - £1700 Phone - £360 Loan - £2109 Provident - £1760 MBNA - £8000
    • Martah
    • By Martah 26th May 19, 9:27 PM
    • 7 Posts
    • 8 Thanks
    Martah
    Hey,

    I just came across your diary as I’m looking for motivation as like yourself I find journey to freedom from debt being very slooow.

    So different than getting in debt with a nice quick beep.

    Well done on starting your diary ��

    I completely relate to not wanting to put the whole number of debt down publicly but I do feel you need to know the approximate date of being debt free. My one is 4.5 years away ��(hopefully sooner).

    Have you tried online surveys sw*gbucks or I s*y?
    Its always something, I signed up in March and made about £70, all went towards paying off cc. Also taking pictures of your receipts on shoopix app.

    I hope you will sign back up to pension as I gather from your diary it was an nhs one. Just met with my friend from Canada the other day and her nhs pension after 7 years of paying in is higher than Canadian one that she paid in for over 30 years.
    Have your friend from Germany over for dinner much cheaper than going out.

    Good luck
    • takingcontrolatlast
    • By takingcontrolatlast 26th May 19, 11:17 PM
    • 644 Posts
    • 2,648 Thanks
    takingcontrolatlast
    Hey,

    I just came across your diary as Iím looking for motivation as like yourself I find journey to freedom from debt being very slooow.

    So different than getting in debt with a nice quick beep.

    Well done on starting your diary ��

    I completely relate to not wanting to put the whole number of debt down publicly but I do feel you need to know the approximate date of being debt free. My one is 4.5 years away ��(hopefully sooner).

    Have you tried online surveys sw*gbucks or I s*y?
    Its always something, I signed up in March and made about £70, all went towards paying off cc. Also taking pictures of your receipts on shoopix app.

    I hope you will sign back up to pension as I gather from your diary it was an nhs one. Just met with my friend from Canada the other day and her nhs pension after 7 years of paying in is higher than Canadian one that she paid in for over 30 years.
    Have your friend from Germany over for dinner much cheaper than going out.

    Good luck
    Originally posted by Martah
    Hi Martah

    I know what you mean - it's been a long slow process for me - this has been down to the fact that I've just not been in the right frame of mind to tackle it - I have been through a lot but that's no excuse .. I was in total denial... it's been so easy to put "things/bills" on the credit card/overdraft thinking I'll pay it off ... and then life throws a curveball at you!

    This is actually my 2nd diary - (sorry I dont know how to link) and I'm actually very focused now - I have a goal... I want to retire debt free (that's if I can afford to retire !)- and yes I will be rejoining the nhs pension scheme - I need to sort the paperwork out and its on my list of jobs to do. Crikey your friend must have got a shock at that pension!

    I envisage to be debt free within 4 years and hopefully mortgage free within 9-10 years (or sooner once the debt is gone)!

    I'm focusing on acknowledging what I have paid off rather than what I owe We should be debt free around the same time

    I will try and find your diary and offer support

    A lot of members do on line surveys but it has never ever appealed to me for some reason - although you have done very well

    Same with eb*y... I've tried it but hate the process - I never know how much postage is etc. I don't have anything to sell these days.

    I've decided to drive so the night won't be expensive - just a couple glasses of diet coke with a packet of crisps thrown in for good measure !


    Many thanks for your good wishes
    x
    Emergency Fund:£0/£500 -

    Debts paid off
    Loan - £1400 Overdraft - £1700 Phone - £360 Loan - £2109 Provident - £1760 MBNA - £8000
    • scubaangel
    • By scubaangel 27th May 19, 2:05 AM
    • 6,526 Posts
    • 10,439 Thanks
    scubaangel
    Just found you, am posting to say Hi, then headed for my bed since its gone 3am! Will be back to have a read and hopefully can help cheer you on while you clear the current debt.
    Itís not worth doing something unless someone, somewhere, would much rather you werenít doing it.
    Sir Terry Pratchett
    Find my diary here

    http://forums.moneysavingexpert.com/showthread.php?t=5135113
    • Pooky
    • By Pooky 27th May 19, 5:57 AM
    • 6,891 Posts
    • 44,932 Thanks
    Pooky
    Morning, you sound very committed to sorting your debt...hope you can make some inroads into your goals.

    Regarding the vet visit, we opted to put our old boy to sleep rather than go forward on the meds/constant check ups and blood tests. We felt it kinder than the stress for all of us. If you decide to keep medicating then please check the prices of the drugs from your vets against those online, your vet can give you a prescription to enable you to buy cheaper elsewhere.

    Also birthdays, maybe it's time to reign them in, we no longer buy for anyone other than children in the family and their last gift is on their 16th birthday. We suggested it and the rest of the family jumped on board. Saves a fortune and most people are financially struggling now a days so eases the burden on everyone.

    Have you completed a SOA to see any other issues that need addressing/working in to your budget? Always an eye opener.
    "Start every day off with a smile and get it over with" - W. C. Field.
    • takingcontrolatlast
    • By takingcontrolatlast 27th May 19, 8:24 AM
    • 644 Posts
    • 2,648 Thanks
    takingcontrolatlast
    Just found you, am posting to say Hi, then headed for my bed since its gone 3am! Will be back to have a read and hopefully can help cheer you on while you clear the current debt.
    Originally posted by scubaangel
    Hi Sucbaangel

    I was up late too reading diaries !

    Would love the support thank you - I'll try and find your diary to see your journey too x

    P.S. Tut - its in your signature ! subscribed
    Emergency Fund:£0/£500 -

    Debts paid off
    Loan - £1400 Overdraft - £1700 Phone - £360 Loan - £2109 Provident - £1760 MBNA - £8000
    • takingcontrolatlast
    • By takingcontrolatlast 27th May 19, 8:54 AM
    • 644 Posts
    • 2,648 Thanks
    takingcontrolatlast
    Morning, you sound very committed to sorting your debt...hope you can make some inroads into your goals.

    Regarding the vet visit, we opted to put our old boy to sleep rather than go forward on the meds/constant check ups and blood tests. We felt it kinder than the stress for all of us. If you decide to keep medicating then please check the prices of the drugs from your vets against those online, your vet can give you a prescription to enable you to buy cheaper elsewhere.

    Also birthdays, maybe it's time to reign them in, we no longer buy for anyone other than children in the family and their last gift is on their 16th birthday. We suggested it and the rest of the family jumped on board. Saves a fortune and most people are financially struggling now a days so eases the burden on everyone.

    Have you completed a SOA to see any other issues that need addressing/working in to your budget? Always an eye opener.
    Originally posted by Pooky
    Morning Pooky

    Yes - me too - I just knew I needed to make the commitment to change (I just didnt take it seriously previously) - I want to retire debt free and the years are creeping by very quickly

    The vet process is stressful - and I'm on a watch and wait with my old cat - if i have to go often to the vets and shes struggling at home - then I'll know At the moment the stress is with the car journey and obviously the finances and if they go higher - and being woken up at 4am by her The vet did suggest it may be cheaper on line but DH said it wasnt much.

    We always "do" birthdays for the children and in our family 21 has been the cut off. I'm trying to factor in the budget now so I'm more prepared.

    DH has a tight reign on the household finances Pooky and I just contribute my share. I would say the only room for improvement if I'm honest would be with the TV package - which I'm working on with him to reduce ! Otherwise he is on the ball with it all.

    I am starting to take more interest as i have tended to leave that side of things to him (this has always been the pattern) and now that I have created a spreadsheet for personal finances - I want to create one for the household as well.

    I've just got to be careful I don't get overwhelmed and stressed with the finances and whilst I know household is taken care of and i'm restarting my efforts at tackling debt in the way i'm comfortable with, then I'm making progress at this stage

    I do think you're right about an "eye opener" - and I suspect I'll win on the TV package :rotfl

    x
    Emergency Fund:£0/£500 -

    Debts paid off
    Loan - £1400 Overdraft - £1700 Phone - £360 Loan - £2109 Provident - £1760 MBNA - £8000
    • takingcontrolatlast
    • By takingcontrolatlast 28th May 19, 11:07 PM
    • 644 Posts
    • 2,648 Thanks
    takingcontrolatlast
    It's been a rollacoaster 24 hours !

    Pay day has been and gone. Not all direct debits have gone out yet but when they do I will reconcile against my spreadsheet. I have updated my signature as my final loan payment has been paid this month and that "biggy" is now closed.

    I had a telephone call at 5am this morning to say an ambulance had been called out for my mum as my brother thought she had had a stroke - it turned out not to be that but a hypo and possibly an infection... when I turned up at her house she was in such a mess and it was so pityful to see her like that. Once I cleaned her up we went to hospital. She also has Dementia and Altzheimers an remembers everyone visiting her accept me being with her - i know its not personal but the condition she has and I wouldnt wish it on anyone.

    I too have diabetes and if the truth be known, I don't really look after myself and it is a bit of an eye opener of what could be down the road ahead if I dont.

    It was so sad to see all the "dear old girls" on the ward and i'm feeling very subdued tonight. The excitement over the weekend of a spreadsheet that I need to stick too seems to have withered away but I will try and stick to the plan as best I can.

    The vet trip has been cancelled and I'll need to rearrange that.

    I know we are short staffed in work but emergencies happen. Hopefully mum will be discharged tomorrow and I've booked the day off in case.

    There are some lovely people - the car parking cost £5.50 and I didnt have enough change - a lovely couple gave me a £1 - thank you to you both - it was only a £1 in their eyes but in mine it was more than that - the act of giving without receiving.

    I used to be able to do that before I was in debt and I was quite generous - I'd like to be able to do more of the giving. I dont have the cash but I can in other ways, by kind gestures like what was passed to me today. I do do this when I can but in hindsight I could be more proactive.

    I just wish I didnt have worries and could just sit and read or whatever without a care in the world - just being happy an content with my lot. I bet I'm not alone in that thought xx
    Emergency Fund:£0/£500 -

    Debts paid off
    Loan - £1400 Overdraft - £1700 Phone - £360 Loan - £2109 Provident - £1760 MBNA - £8000
    • scubaangel
    • By scubaangel 28th May 19, 11:49 PM
    • 6,526 Posts
    • 10,439 Thanks
    scubaangel
    I'm sorry to hear about your Mum, hope shes on the mend and back home soon as she can be.


    You can be generous without financial impact - my work have as one of our "pillars" that while working we should have a generous spirit - I've found that for me one of the most rewarding things I've started doing is as simple as telling someone who's clothing or style I've noticed and admire that I like it - I suspect sometimes it comes over as creepy but I try to be normal! Cost me nothing but a few seconds of my time but hopefully it makes someone feel good, and if they pay it forward even better.
    Itís not worth doing something unless someone, somewhere, would much rather you werenít doing it.
    Sir Terry Pratchett
    Find my diary here

    http://forums.moneysavingexpert.com/showthread.php?t=5135113
    • takingcontrolatlast
    • By takingcontrolatlast 29th May 19, 8:58 AM
    • 644 Posts
    • 2,648 Thanks
    takingcontrolatlast
    I'm sorry to hear about your Mum, hope shes on the mend and back home soon as she can be.


    You can be generous without financial impact - my work have as one of our "pillars" that while working we should have a generous spirit - I've found that for me one of the most rewarding things I've started doing is as simple as telling someone who's clothing or style I've noticed and admire that I like it - I suspect sometimes it comes over as creepy but I try to be normal! Cost me nothing but a few seconds of my time but hopefully it makes someone feel good, and if they pay it forward even better.
    Originally posted by scubaangel
    I like that scuba "generous spirit" - I believe I do have one

    I doubt you come across creepy as who doesn't like to receive a compliment

    Thanks for your kind words about mum - much appreciated x
    Emergency Fund:£0/£500 -

    Debts paid off
    Loan - £1400 Overdraft - £1700 Phone - £360 Loan - £2109 Provident - £1760 MBNA - £8000
    • SSDD23
    • By SSDD23 29th May 19, 9:12 AM
    • 1,077 Posts
    • 3,278 Thanks
    SSDD23
    Just read through your diary, well done on everything so far! I love an excel spreadsheet for budgeting

    Sorry to read about your mum, hope she recovers quickly x
    Debt Target #01 - £0/£228
    • takingcontrolatlast
    • By takingcontrolatlast 29th May 19, 10:03 PM
    • 644 Posts
    • 2,648 Thanks
    takingcontrolatlast
    Just read through your diary, well done on everything so far! I love an excel spreadsheet for budgeting

    Sorry to read about your mum, hope she recovers quickly x
    Originally posted by SSDD23
    Hi

    Thanks for reading and popping in!

    Honestly SSDD23 I was so chuffed to be able to create one! I do love it but have to stick to the plan ! But I'm hoping it keeps me focused.

    Thanks for your good wishes - she's still in hospital and it may be another week - we need to as a family have a discussion with the medical team regarding the best options for her - she is getting worse with the dementia and her mobility and we need to ensure she has the best care in moving forward. Its such a shame.

    But thank you

    x
    Emergency Fund:£0/£500 -

    Debts paid off
    Loan - £1400 Overdraft - £1700 Phone - £360 Loan - £2109 Provident - £1760 MBNA - £8000
    • takingcontrolatlast
    • By takingcontrolatlast 31st May 19, 9:00 PM
    • 644 Posts
    • 2,648 Thanks
    takingcontrolatlast
    I'm looking forward to June (where has the year gone already)?

    I have reconciled my new "toy" - my super spreadsheet - I want to name her There's only one dd to come out mid June. This payment is so out of place that I am moving it to the end of the month with the rest of my bills.

    Tip from Foxgloves diary - is to shop from home - and so far I have made a gift using unopened items (bath salts, face mask, body balm, body shop bath sponge), recycled gift bag and wrap. I had allocated £10 for a present and as this is saved - this will go towards my next debt (have updated signature).

    I will be working on my meal plan in the morning but I'll have a busy weekend with shopping and visiting mum and family (why do weekends go so quick) !

    I'm going to keep a list of the frugality I can achieve the 1st week in June.

    1) Gift using "resources" already in the home (technically May but I don't care its on the list)

    Enjoy the weekend
    x
    Emergency Fund:£0/£500 -

    Debts paid off
    Loan - £1400 Overdraft - £1700 Phone - £360 Loan - £2109 Provident - £1760 MBNA - £8000
    • takingcontrolatlast
    • By takingcontrolatlast 2nd Jun 19, 10:10 AM
    • 644 Posts
    • 2,648 Thanks
    takingcontrolatlast
    Its Sunday morning already!

    I'm really tired tbh - my old cat has kept me awake on and off since around 4am

    I'm meeting with family later to discuss mum and then on to the hospital.

    DH is cooking dinner today (beef stew) and we usually have enough for left overs for tomorrow (won't have to cook - yay)

    My frugal list/shopping from home week

    1. Made friend gift using unopened resources from the home and
    she loved it
    2. Havent used the dryer to dry clothes - although my landing looks
    like a launderette with maidens and its like a mammoth activity
    course to get to the bathroom (and I hate having clothes
    everywhere) ! Still i'm saving.
    3. DH put £10 petrol in the car for me from his personal allowance.
    This saving from my pot has gone towards debt
    4. I have £17 worth of vouchers for T*sco - if I do use these this
    week it will be towards petrol due to the hospital visits/parking
    or I may buy a present for my newly sourced presents box -
    keeping hold of them for the moment
    5. Will make mum packed lunch so I dont have to buy any food
    - was guilty of buying her a meal deal yesterday at £3.95
    I haven't gone shopping yet and had no bread left to make her a
    sarnie
    6. I love to read and have nearly finished a "borrowed" book - crime
    thriller - author Chr*s Carter - I've read all his collection although
    he does have a new book out which DD1 has purchased and I
    will borrow (no spends for me)

    Enjoy Sunday x
    Emergency Fund:£0/£500 -

    Debts paid off
    Loan - £1400 Overdraft - £1700 Phone - £360 Loan - £2109 Provident - £1760 MBNA - £8000
    • brizzlegirl
    • By brizzlegirl 2nd Jun 19, 10:34 AM
    • 739 Posts
    • 5,003 Thanks
    brizzlegirl
    Just popping in to wish you well on your journey to becoming DF and being able to live in your retirement (good advice to stick with the DB pension) ...you WILL get there

    Best of luck with caring for your mum. Hoping the decisions, whilst never easy, come to you and your siblings/wider family.

    Brizzle x
    MFW..aiming to pay it off in 2022.. 2019 Savings Rate - Goal 40% 37% May 25% April 54% March ] 2019 Income Goal £301/£750 June Goals: AFDs 4/25 Decluttering 40/80; LSDs 04/10; NSDs xx/05 Exercise in June RT 12k 02/15 12k steps per day pls Aiming to be a true Frugalista!
    • takingcontrolatlast
    • By takingcontrolatlast 2nd Jun 19, 12:04 PM
    • 644 Posts
    • 2,648 Thanks
    takingcontrolatlast
    Hi Brizzie

    Thank you so much for your kind words - I do appreciate them.

    It's not easy making decisions but I just have to remember what is the best care plan for mum and hopefully we all can agree. Then we speak with the hospital team on their views.

    I NEED to be debt free and I've starting scaling things right down. When debt free it will be filling up that pension pot! The sooner I can go either part time or retire the better !

    Best wishes x
    Emergency Fund:£0/£500 -

    Debts paid off
    Loan - £1400 Overdraft - £1700 Phone - £360 Loan - £2109 Provident - £1760 MBNA - £8000
    • takingcontrolatlast
    • By takingcontrolatlast 2nd Jun 19, 6:55 PM
    • 644 Posts
    • 2,648 Thanks
    takingcontrolatlast
    Just a quick update...I allocated £5 towards parking fees today for the hospital. As it turned out the parking was free - therefore the £5 has now been put towards the family member debt.

    I've sourced a free garden pot from my DS - I can now plant my mint plant in there

    I'm tryng to be more frugal and I want to grow my own - tomatoes are next on the list!

    Hope to save on shopping tomorrow to throw at the debt.

    x
    Emergency Fund:£0/£500 -

    Debts paid off
    Loan - £1400 Overdraft - £1700 Phone - £360 Loan - £2109 Provident - £1760 MBNA - £8000
    • takingcontrolatlast
    • By takingcontrolatlast 3rd Jun 19, 10:23 PM
    • 644 Posts
    • 2,648 Thanks
    takingcontrolatlast
    I had a fairly decent night's sleep which helped with a positive outlook for the day. I'm finding i'm getting really irritated atm and I'm just trying to "let things go" and move on.

    Well I have used my T*sco points - I bought a top for £12.50 which will be used to go with a pair of pants I've had a long time (going out for friend's birthday on Saturday - budgeted with personal fund and i just hope its not expensive and I come home with change) and then the top will be used for work and will get lots of wear out of !

    The £4.50 points balance went towards a very large box of soap powder which should do me a month or more! - savings towards debt £20.

    Unfortunately I had to buy lunch today but now have bread in to make a sandwich for tomorrow!.

    Continuing with the theme for shopping from home/frugality... I am using up the bits left in the deodorant bottles that DD1 and DD2 seem to accumulate - and my own - before I buy anymore.

    I'm also using up body lotions to make myself smell nice - dont need perfume when using these and I have a variety to choose from

    I'm using up the cleaning products and not replacing any till that cupboard under the sink is depleted !

    The heating is turned right down and lights are off!!

    Another long day tomorrow as back at the hospital

    I have no prepped meals for tea and its time like this i wish i had... hopefully at the weekend i can try and batch cook something

    zzzzz goodnight
    Last edited by takingcontrolatlast; 03-06-2019 at 10:27 PM.
    Emergency Fund:£0/£500 -

    Debts paid off
    Loan - £1400 Overdraft - £1700 Phone - £360 Loan - £2109 Provident - £1760 MBNA - £8000
    • takingcontrolatlast
    • By takingcontrolatlast 7th Jun 19, 7:51 PM
    • 644 Posts
    • 2,648 Thanks
    takingcontrolatlast
    I'm so glad its the weekend - work has been really stressful and with visiting the hospital a few nights a week - I'm really exhausted.

    Just got back now. I'm showered and ready to settle down for the evening - DH has a bottle of red wine for me... I think I'll have one glass and be out for the count!

    I'm out tomorrow celebrating a friend's birthday and whilst I'm looking forward to it... I could just do with a day at home - cleaning, shopping and I could do with batch cooking a chilli or something... but i should embrace the fact I'm out and instead of batch cooking chilli I will actually be "chilling" (poor I know!!)

    I'm doing well with regards my frugal work - using up stock etc. I gave my sister some clothes I dont wear anymore and she gave me a plant container in return

    I have been reviewing my spreadsheet forecast and I so want to stick to it as I could possibly have an emergency fund of £1000 saved to go into the New Year, paid off 2 big debts and contributed my share of Xmas!!! It really is a big ask but I'm intrigued to see how much I can achieve... as life as I know it throws curveballs my way!

    I'm concerned that I'm not going to hit the target of £1000 by the end of August but we'll see how I get on. I hope to do some more overtime over the next few months, save on the shopping, may try a car boot sale if I can acquire good stock, try and do some knitting to sell and see if I can jiggy my budgets.

    I'll meal prep for Sunday's shopping and see if I can scrape together more pennies

    Enjoy the weekend x
    Emergency Fund:£0/£500 -

    Debts paid off
    Loan - £1400 Overdraft - £1700 Phone - £360 Loan - £2109 Provident - £1760 MBNA - £8000
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