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    • HairyHandofDartmoor
    • By HairyHandofDartmoor 24th Sep 17, 12:22 PM
    • 9,715Posts
    • 77,119Thanks
    HairyHandofDartmoor
    Finally Debt Free After 34 Years, But Still Need to Live Frugally
    • #1
    • 24th Sep 17, 12:22 PM
    Finally Debt Free After 34 Years, But Still Need to Live Frugally 24th Sep 17 at 12:22 PM
    My DH and I have been in debt for 34 Years, apart from brief periods, ever since I was offered my first credit card at the tender age of19.

    Our debts were caused by us being impulsive spenders and not being very skilled at budgeting or managing our money, so we know it is our own fault. We always believed that one day we would have more money, mysteriously, and that this would bail us out .

    Our full light bulb moment came when we realised, "What if we never have any more money than we do right now?"

    A couple of years ago we were coping with the minimum payments, but didn't have enough to overpay on any of them. We were forking out 1300 a month in minimum payments, and the interest alone was 1000 a month .

    But then in 2015 our small business started to bring in less, and a family bereavement, and illness affected our ability to work. We could no longer afford the minimum repayments and we were scared we would lose our home. We were stricken with stress and depression .

    Step Change shone a light in the darkness for us and they arranged for us to make token payments of 1 a month to our creditors. This saved our sanity and we were reassured that our home was unlikely to be taken from us.

    My DH recently turned 55 and drew out his pension so that we could make full and final offers to our creditors. All but one accepted an offer of 50% of what we owed (which is all we had to offer). We are continuing negotiations with the final creditor and hope to be debt free by Christmas .

    Being so close to being debt free has made me realise what a heavy burden the debts have been all these years, like living our lives wearing lead boots.

    Once we are debt free we will still need to live very frugally because we have no emergency fund or savings, and our income can be irregular. I hope that starting a diary will help to focus me on frugal living, avoid impulsive spends, and keep my spirits up. Because frugal living can be a lonely and isolating experience.

    This site and Step Change has helped me so much, and I hope that my diary will help to inspire others that it's never too late to change your life .
    Last edited by HairyHandofDartmoor; 18-11-2017 at 8:49 AM.
    Finally Debt Free After 34 Years, But Still Need to Live Frugally
    Debt in July 2017 = 58,766 DEBT FREE 31 OCTOBER 2017
    EMERGENCY FUND 1 = 4,105/5,000. EMERGENCY FUND 2 = 2,005/5,000.
    CHRISTMAS SAVINGS = 129.37/500
    PREMIUM BONDS ME = 100. PREMIUM BONDS DH = 50
Page 214
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 15th Oct 18, 11:48 AM
    • 9,715 Posts
    • 77,119 Thanks
    HairyHandofDartmoor
    Sounds like he is doing really well and enjoying it. I miss uni!

    Have a good day. x
    Originally posted by Nicnak
    I miss being young and full of hope like I was at uni . It was a happy and exciting time in my life and I'm actually slightly jealous of DS3, but very pleased for him too.

    But it's never too late to pursue the life of your dreams, so I must be positive and focus on my goals.
    Finally Debt Free After 34 Years, But Still Need to Live Frugally
    Debt in July 2017 = 58,766 DEBT FREE 31 OCTOBER 2017
    EMERGENCY FUND 1 = 4,105/5,000. EMERGENCY FUND 2 = 2,005/5,000.
    CHRISTMAS SAVINGS = 129.37/500
    PREMIUM BONDS ME = 100. PREMIUM BONDS DH = 50
    • Nicnak
    • By Nicnak 15th Oct 18, 11:54 AM
    • 2,100 Posts
    • 12,422 Thanks
    Nicnak
    I miss being young and full of hope like I was at uni . It was a happy and exciting time in my life and I'm actually slightly jealous of DS3, but very pleased for him too.

    But it's never too late to pursue the life of your dreams, so I must be positive and focus on my goals.
    Originally posted by HairyHandofDartmoor

    Nope, it is never too late x
    September 6th 2017 - Updated February 2019
    Credit Card 0 now: 0 Dad 1500 = 0 Consolidation 15,000 = 9,603 Total = 25,330 9,603 61% gone EMF #252 = 671/1000
    Sealed pot challenge #024
    Pay off all your debts by Christmas #071
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 15th Oct 18, 12:06 PM
    • 9,715 Posts
    • 77,119 Thanks
    HairyHandofDartmoor
    I'm sitting down having a rest after mucking out DS3's pigsty! You wouldn't believe the dirt!

    I cleaned the wall, skirting board and floor by his window and put his big chest of drawers back. Then I pulled out his bookcase and plastic chest of drawers and found a whole world of dirt behind there . His plastic chest of drawers is is all broken and cracked so I didn't bother to clean that. I need to find him a new one in the charity shop, hopefully solid wood as I like furniture that will last.

    I've now cleaned the walls, skirting boards and floor in that corner of his room and put the furniture back. I found one of our kitchen knives in the plastic chest of drawers .

    I feel quite tired now. I wish I had more physical energy, I feel such a light weight sometimes . I still need to clean the section behind his desk and swivel chair, but that's a job for another day as I'm all out of energy.

    The sun has come out after a gloomy start, so the weather forecast got that wrong, they said it would be dark cloud all day .
    Finally Debt Free After 34 Years, But Still Need to Live Frugally
    Debt in July 2017 = 58,766 DEBT FREE 31 OCTOBER 2017
    EMERGENCY FUND 1 = 4,105/5,000. EMERGENCY FUND 2 = 2,005/5,000.
    CHRISTMAS SAVINGS = 129.37/500
    PREMIUM BONDS ME = 100. PREMIUM BONDS DH = 50
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 15th Oct 18, 12:10 PM
    • 9,715 Posts
    • 77,119 Thanks
    HairyHandofDartmoor
    I spent 6 in Mr M this morning on toilet roll, two loaves of bread, twelve eggs and four bars of soap. I only went in for toilet roll and soap . That should be the only spends today apart from 5 on Pilates.
    Finally Debt Free After 34 Years, But Still Need to Live Frugally
    Debt in July 2017 = 58,766 DEBT FREE 31 OCTOBER 2017
    EMERGENCY FUND 1 = 4,105/5,000. EMERGENCY FUND 2 = 2,005/5,000.
    CHRISTMAS SAVINGS = 129.37/500
    PREMIUM BONDS ME = 100. PREMIUM BONDS DH = 50
    • Nicnak
    • By Nicnak 15th Oct 18, 12:12 PM
    • 2,100 Posts
    • 12,422 Thanks
    Nicnak
    Take it easy too. x
    September 6th 2017 - Updated February 2019
    Credit Card 0 now: 0 Dad 1500 = 0 Consolidation 15,000 = 9,603 Total = 25,330 9,603 61% gone EMF #252 = 671/1000
    Sealed pot challenge #024
    Pay off all your debts by Christmas #071
    • beanielou
    • By beanielou 15th Oct 18, 5:36 PM
    • 63,636 Posts
    • 281,954 Thanks
    beanielou
    Good news about DS3
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 12 lbs **

    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    It starts with you, it starts from now. *** It is ok to be me.***
    ***Keep plodding***
    Out of debt, out of danger. ***Be the difference.***
    • beanielou
    • By beanielou 15th Oct 18, 5:37 PM
    • 63,636 Posts
    • 281,954 Thanks
    beanielou
    Oh & enjoy the pilates
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 12 lbs **

    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    It starts with you, it starts from now. *** It is ok to be me.***
    ***Keep plodding***
    Out of debt, out of danger. ***Be the difference.***
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 15th Oct 18, 6:37 PM
    • 9,715 Posts
    • 77,119 Thanks
    HairyHandofDartmoor
    Take it easy too. x
    Originally posted by Nicnak
    I try to

    Good news about DS3
    Originally posted by beanielou
    Yes

    Oh & enjoy the pilates
    Originally posted by beanielou
    I did enjoy it
    Finally Debt Free After 34 Years, But Still Need to Live Frugally
    Debt in July 2017 = 58,766 DEBT FREE 31 OCTOBER 2017
    EMERGENCY FUND 1 = 4,105/5,000. EMERGENCY FUND 2 = 2,005/5,000.
    CHRISTMAS SAVINGS = 129.37/500
    PREMIUM BONDS ME = 100. PREMIUM BONDS DH = 50
  • archived user
    All good news on DS3 then, one less thing to worry about. Glad to hear you still went to Pilates.
    • Sun Addict
    • By Sun Addict 15th Oct 18, 7:15 PM
    • 7,219 Posts
    • 53,210 Thanks
    Sun Addict
    Glad DS3 is settled at uni. When I cleaned my DS's room after he left home, I poked a flat duster down the back of the radiator and all sorts fell out including a football programme from years before!

    Pilates is great isn't it, I love going.
    Virtual Sealed Pot 2019 317.17
    Emergency Fund 3260/10,000
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 15th Oct 18, 7:25 PM
    • 9,715 Posts
    • 77,119 Thanks
    HairyHandofDartmoor
    All good news on DS3 then, one less thing to worry about. Glad to hear you still went to Pilates.
    Originally posted by Cumbria lass
    Glad DS3 is settled at uni. When I cleaned my DS's room after he left home, I poked a flat duster down the back of the radiator and all sorts fell out including a football programme from years before!

    Pilates is great isn't it, I love going.
    Originally posted by Sun Addict
    Thanks both. I didn't want to miss Pilates as I find it very calming and good for stretching out tense muscles. As it's just down the road I walk there and back too. This is my third session and I'm really enjoying it. I wish I could afford to go to the Wednesday class as well.

    It's amazing what DS's have hidden in their rooms .
    Finally Debt Free After 34 Years, But Still Need to Live Frugally
    Debt in July 2017 = 58,766 DEBT FREE 31 OCTOBER 2017
    EMERGENCY FUND 1 = 4,105/5,000. EMERGENCY FUND 2 = 2,005/5,000.
    CHRISTMAS SAVINGS = 129.37/500
    PREMIUM BONDS ME = 100. PREMIUM BONDS DH = 50
    • beanielou
    • By beanielou 15th Oct 18, 8:18 PM
    • 63,636 Posts
    • 281,954 Thanks
    beanielou
    When my DS first went to uni his radiator was just about hanging off the wall
    Always thought someone had sat on it!!

    I dont know how your class works HHD but I am actually cheaper paying for my classes monthly by DD.
    Also I dont miss a class if I am skint!
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 12 lbs **

    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    It starts with you, it starts from now. *** It is ok to be me.***
    ***Keep plodding***
    Out of debt, out of danger. ***Be the difference.***
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 15th Oct 18, 8:31 PM
    • 9,715 Posts
    • 77,119 Thanks
    HairyHandofDartmoor
    My class is a drop in class so I just pay 5 when I attend. If I miss a class I don't have to pay and if I can't afford it one week then I won't go. It's flexible at least.
    Finally Debt Free After 34 Years, But Still Need to Live Frugally
    Debt in July 2017 = 58,766 DEBT FREE 31 OCTOBER 2017
    EMERGENCY FUND 1 = 4,105/5,000. EMERGENCY FUND 2 = 2,005/5,000.
    CHRISTMAS SAVINGS = 129.37/500
    PREMIUM BONDS ME = 100. PREMIUM BONDS DH = 50
    • beanielou
    • By beanielou 15th Oct 18, 8:39 PM
    • 63,636 Posts
    • 281,954 Thanks
    beanielou
    My class is a drop in class so I just pay 5 when I attend. If I miss a class I don't have to pay and if I can't afford it one week then I won't go. It's flexible at least.
    Originally posted by HairyHandofDartmoor
    Got you.

    So could you trim 1.50 off the petrol & food a week.
    So that only leaves 2 a week to find.
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 12 lbs **

    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    It starts with you, it starts from now. *** It is ok to be me.***
    ***Keep plodding***
    Out of debt, out of danger. ***Be the difference.***
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 15th Oct 18, 8:51 PM
    • 9,715 Posts
    • 77,119 Thanks
    HairyHandofDartmoor
    Got you.

    So could you trim 1.50 off the petrol & food a week.
    So that only leaves 2 a week to find.
    Originally posted by beanielou
    True. I'll have to see how things go.
    Finally Debt Free After 34 Years, But Still Need to Live Frugally
    Debt in July 2017 = 58,766 DEBT FREE 31 OCTOBER 2017
    EMERGENCY FUND 1 = 4,105/5,000. EMERGENCY FUND 2 = 2,005/5,000.
    CHRISTMAS SAVINGS = 129.37/500
    PREMIUM BONDS ME = 100. PREMIUM BONDS DH = 50
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 16th Oct 18, 8:18 AM
    • 9,715 Posts
    • 77,119 Thanks
    HairyHandofDartmoor
    My back started to feel really sore yesterday after dinner. There was one particular exercise in Pilates that was really working my lower back and earlier in the day I'd been moving furniture and cleaning in DS3's room. So I think it was all a bit too much for my back. I took ibuprofen and paracetamol at bedtime and another dose in the night as it had stiffened up even more. I still had to put Deep Heat on my back before I could go back to sleep!

    I was going to go for a long walk by the sea today but have decided not to. In the past I've spent bus money to get there and bought a coffee. I'd already decided to take coffee with me in my travel mug to save money. But as my back is still sore and the sky is grey and gloomy I've decided to stay at home. At least I'll save the bus money as things are very tight at the moment .

    I need to find something constructive to do sitting down, so I thought maybe a bit of work on my business, plus go through some more emails. I didn't check my emails for about ten weeks after my mum died, so have thousands to go through and delete.

    I hope being in all day doesn't make me feel miserable. I'll have to practise positive thinking.

    I'm fed up with wet washing around the house, but it's been showery for about four days so I can't risk putting it outside. I don't want to tumble it as I'm trying to reduce our electricity bill. I definitely want to buy a second clothes horse when we can afford it as we gave our smaller one to DS3. We haven't put our heating on yet because it's really quite warm. I want to hold off until November and possibly even December as we have mild winters here usually. In your face NPower!
    Last edited by HairyHandofDartmoor; 16-10-2018 at 2:20 PM. Reason: Typos
    Finally Debt Free After 34 Years, But Still Need to Live Frugally
    Debt in July 2017 = 58,766 DEBT FREE 31 OCTOBER 2017
    EMERGENCY FUND 1 = 4,105/5,000. EMERGENCY FUND 2 = 2,005/5,000.
    CHRISTMAS SAVINGS = 129.37/500
    PREMIUM BONDS ME = 100. PREMIUM BONDS DH = 50
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 16th Oct 18, 2:19 PM
    • 9,715 Posts
    • 77,119 Thanks
    HairyHandofDartmoor
    I did some work on my business this morning and feel pleased with that . I need DH to show me how to use a piece of software and after that I can make much faster progress. I'm not sure when he'll fit that into his busy schedule though .

    DH suggested a quick walk by the sea at lunchtime, so we spent half an hour having the cobwebs blown away. It will have done DH good to get some fresh air and exercise as he rarely leaves the house.

    On the way back we had to buy baking potatoes and more milk, so nearly 4 spent there. I obviously forgot quite a few things on my food shop last week .

    DH has now gone out to get his hair cut as he has a customer meeting tomorrow, so that will be 7 spent. He uses Turkish barbers who don't chit chat but just silently cut hair, but they are quick and efficient so it suits DH .
    Finally Debt Free After 34 Years, But Still Need to Live Frugally
    Debt in July 2017 = 58,766 DEBT FREE 31 OCTOBER 2017
    EMERGENCY FUND 1 = 4,105/5,000. EMERGENCY FUND 2 = 2,005/5,000.
    CHRISTMAS SAVINGS = 129.37/500
    PREMIUM BONDS ME = 100. PREMIUM BONDS DH = 50
    • Purplemumof2
    • By Purplemumof2 16th Oct 18, 2:59 PM
    • 7,179 Posts
    • 27,673 Thanks
    Purplemumof2
    Hi Hairy,

    Hope that the walk wasn't too blustery

    Happy new hair cut to DH xx
    Official DFW Nerd Club - Member no. 791 - Proud to be dealing with my debts
    MBNA: 4700.00 Lloyds: 8800.00 BC: 405.51 Cap One: GONE
    June LTW 4/19 ~ June NSD 1/5
    PAYDBX 2019 #041 PD 3217.41/5604.30
    Savings for Christmas 250.40/500 ~ EF 55/500
    20p Savers 2019 2 Savers 2019 50p Savers 2019 SPC 12 2019 #003
    • Nicnak
    • By Nicnak 16th Oct 18, 6:20 PM
    • 2,100 Posts
    • 12,422 Thanks
    Nicnak
    I have had my heating on for week! I get cold really easily x
    September 6th 2017 - Updated February 2019
    Credit Card 0 now: 0 Dad 1500 = 0 Consolidation 15,000 = 9,603 Total = 25,330 9,603 61% gone EMF #252 = 671/1000
    Sealed pot challenge #024
    Pay off all your debts by Christmas #071
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 16th Oct 18, 6:31 PM
    • 9,715 Posts
    • 77,119 Thanks
    HairyHandofDartmoor
    Hi Hairy,

    Hope that the walk wasn't too blustery

    Happy new hair cut to DH xx
    Originally posted by Purplemumof2
    Thanks Purplemum. The walk wasn't too windy, just a little damp.

    I have had my heating on for week! I get cold really easily x
    Originally posted by Nicnak
    You've been ill Nicnak. We don't feel the cold and we live in a mild climate.
    Finally Debt Free After 34 Years, But Still Need to Live Frugally
    Debt in July 2017 = 58,766 DEBT FREE 31 OCTOBER 2017
    EMERGENCY FUND 1 = 4,105/5,000. EMERGENCY FUND 2 = 2,005/5,000.
    CHRISTMAS SAVINGS = 129.37/500
    PREMIUM BONDS ME = 100. PREMIUM BONDS DH = 50
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