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  • FIRST POST
    • jwil
    • By jwil 23rd Aug 18, 3:29 PM
    • 10,791Posts
    • 39,104Thanks
    jwil
    New plan...time to see some movement!
    • #1
    • 23rd Aug 18, 3:29 PM
    New plan...time to see some movement! 23rd Aug 18 at 3:29 PM
    Hello!

    I've decided it's time for a new diary. I've been doing a lot of thinking recently and have come up with a new plan.

    My debt is all at 0% on my DMP and is just clearing, albeit very slowly at £1 a month. This will increase when little miss gets her free hours at nursery next year.

    Our mortgage is £118,511 and the only interest bearing debt, on a tracker rate so vulnerable to interest rate rises. I'm very happy with the rate though, and we can make unlimited overpayments, so for the time being, not looking to fix.

    I still need to pay back £2400 for my car.

    We need to start doing some of the work to the house that we've been putting off for years. So we need to get saving for that before it gets to a stage where we have no choice but to do the work as an emergency.

    My new plan therefore is that I am going to let the DMP run itself, focus on paying back the car, the mortgage and saving for the house work. I will be trying to build the emergency fund/F&F fund, so that if my creditors offer a settlement I will hopefully be able to take advantage.

    I hope that by changing my focus I will keep my motivation rather than getting fed up about not seeing any progress towards my debts. The mortgage will go down regardless of whether I manage to make overpayments, and hopefully the savings will increase!
    "If you can dream it, you can do it". Walt Disney
Page 50
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 3rd May 19, 7:58 PM
    • 10,006 Posts
    • 79,595 Thanks
    HairyHandofDartmoor
    Well done on the weight loss .

    Re the job I think Kitten's suggestion is an excellent one.

    Have a lovely weekend .
    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 = £4,005/£5,000. EMERGENCY FUND 2 = £2,005/£5,000.
    CHRISTMAS SAVINGS = £129.37/£500
    PREMIUM BONDS ME = £150. PREMIUM BONDS DH = £50
    • jwil
    • By jwil 4th May 19, 7:52 AM
    • 10,791 Posts
    • 39,104 Thanks
    jwil
    The person who suggested you go for promotion, would they be the sort of person you could talk to about your dilemma? Talk through your passion for both roles?
    As has been said go for it. The interview is just as much for you to ask about the role as they ask if you're right for it and you can turn it down. Have your cake and eat it.

    You did the right thing on the f&f - you had more money than you thought you would and it's better to have one tight month than two. Once you're out the other side of this month it's over. Next month you can relish your pay rise and that extra £1 you won't be paying to them anymore great work jwil xxx
    Originally posted by Kitten868
    Thank you, yes, the person who approached me is the MD and currently line managing me, so he knows both roles inside out (and designs the structure!). I will talk to him again next week.


    Yes, one month of struggling is definitely better than two! I'm glad I went for it. It was too much a risk that I dipped into the money.

    Well done on the weight loss .

    Re the job I think Kitten's suggestion is an excellent one.

    Have a lovely weekend .
    Originally posted by HairyHandofDartmoor
    Thank you You too
    "If you can dream it, you can do it". Walt Disney
    • pennywisepoundstupid
    • By pennywisepoundstupid 4th May 19, 7:54 AM
    • 5,122 Posts
    • 18,818 Thanks
    pennywisepoundstupid
    Great news that you have paid the F&F.

    Hope you manage to come to a decision regarding job, Kittens suggestion is a good one and it can't hurt to ask and talk things through.

    Have a great weekend. xx
    Be mindful of your self-talk. It's a conversation with the Universe."
    Debt free and saving for my future
    • jwil
    • By jwil 4th May 19, 7:56 AM
    • 10,791 Posts
    • 39,104 Thanks
    jwil
    It was raining first thing, but due to be sunny for the rest of the day, so assuming it's on, we are planning to do a car boot later. We've agreed that I will sell and DH will take the kids onto the beach. Hopefully that will avoid any selling related disputes

    I'm going to try and find a few more things to list for me, I've got a massive pile of listings for DH and I want to catch up with surveys to get some extra cash this month.

    Also I need to catch up with my debt totals! I guess I won't get my confirmation that it's paid off until next week now, which is a shame. I don't think it will sink in til then!

    Have a good weekend everyone
    "If you can dream it, you can do it". Walt Disney
    • jwil
    • By jwil 4th May 19, 7:57 AM
    • 10,791 Posts
    • 39,104 Thanks
    jwil
    Great news that you have paid the F&F.

    Hope you manage to come to a decision regarding job, Kittens suggestion is a good one and it can't hurt to ask and talk things through.

    Have a great weekend. xx
    Originally posted by pennywisepoundstupid
    Thank you Yes, I will have another chat about it next week.
    "If you can dream it, you can do it". Walt Disney
    • WannabeFree
    • By WannabeFree 4th May 19, 11:48 AM
    • 3,835 Posts
    • 37,779 Thanks
    WannabeFree
    Have a lovely day

    x
    “Once you hit rock bottom, that's where you perfectly stand; That's your chance of restarting, but restarting the way.”
    • jwil
    • By jwil 5th May 19, 8:55 AM
    • 10,791 Posts
    • 39,104 Thanks
    jwil
    Have a lovely day

    x
    Originally posted by WannabeFree
    Thank you, you too
    "If you can dream it, you can do it". Walt Disney
    • jwil
    • By jwil 5th May 19, 9:29 AM
    • 10,791 Posts
    • 39,104 Thanks
    jwil
    Just cashed out a £10 amazon voucher from a survey site and closed the account It was related to the same one I closed recently, so had the same issues around filling out loads of repetitive questions before you even got to the survey. It's a shame as that site used to be one of my favourites, I don't know why they've recently started doing that.

    Trying to list away again.

    We did the car boot sale yesterday, not a great one, but we haven't got a huge amount of stuff. We took more than the pitch fee and the kids had a great time playing on the beach so that's good. I don't think I'll do one tomorrow, doesn't seem much point.
    "If you can dream it, you can do it". Walt Disney
    • jwil
    • By jwil 5th May 19, 9:36 AM
    • 10,791 Posts
    • 39,104 Thanks
    jwil
    Declutter update:

    Decluttering 2019:

    456. Pen
    457-459. Shoes
    460-467. CDs
    468-469. Socks
    470. Model car
    471-472. Wardrobes
    473-474. Bamboo screening
    475. Planter
    476. Notebook
    477. Head torch
    478. Ink stamp
    479. Book mark
    480-487. Coathangers

    Decluttering 2019 totals:
    Books: 54
    Magazines/papers: 27
    Ebay parcels: 255
    Other: 487

    Total: 727


    Ebay listings: 331

    Survey/other earnings:
    Amazon: £35
    Paypal/cash: £35.21
    Other vouchers:£37
    "If you can dream it, you can do it". Walt Disney
    • doingitanyway
    • By doingitanyway 5th May 19, 9:39 AM
    • 4,435 Posts
    • 27,375 Thanks
    doingitanyway
    Despite not making a profit you got rid of stuff and the kids had fun

    You are definitely on a roll. It's official
    Car costs savings: 165
    Xmas savings 100
    • jwil
    • By jwil 5th May 19, 9:40 AM
    • 10,791 Posts
    • 39,104 Thanks
    jwil
    Early end of month update:

    2019 aims and totals:

    Totals:
    Debts at LBM - £34,557 ---- Jan 2019 - £21,040
    Mortgage (2018) - £119,124 ---- Jan 2019 - £117,196
    Car (2018) - £3,500 ---- Jan 2019 - £2,200
    House repair fund required (2018) - £7,500 ---- Jan 2019 - £6,282


    2019 payments.

    Debts - £21,040/ £18,749 - 10.89% cleared (£2,291 cleared)
    Mortgage - £117,196/ £116,050 - 0.98% cleared (£1,146 paid off)
    Car - £2,200/ £2,000 - 9.09% cleared (£200 paid off)

    Emergency Fund - £33.12/ £1,000 - 3.31% reached (£966.88 to go).
    House repair fund - £1,460/ £6,282 - 23.24% reached (£4,822 to go).

    Weight - Lose 28 lbs - 13.5/28

    Mortgage overpayments - £30.00
    Last edited by jwil; 05-05-2019 at 1:14 PM.
    "If you can dream it, you can do it". Walt Disney
    • jwil
    • By jwil 5th May 19, 9:41 AM
    • 10,791 Posts
    • 39,104 Thanks
    jwil
    Despite not making a profit you got rid of stuff and the kids had fun

    You are definitely on a roll. It's official
    Originally posted by doingitanyway
    Thank you, that's very true
    "If you can dream it, you can do it". Walt Disney
    • jwil
    • By jwil 5th May 19, 9:50 AM
    • 10,791 Posts
    • 39,104 Thanks
    jwil
    New debt totals:

    Balance at Aug 18/Now

    1. £2301/£0
    2. £8388/£8316
    3. £4022/£3788
    4. £2380/£1879
    5. £4813/£4766

    = £21,904/£18,749

    From my original total of £34,557, that's almost 46% cleared

    Happy with that
    "If you can dream it, you can do it". Walt Disney
    • jwil
    • By jwil 5th May 19, 9:53 AM
    • 10,791 Posts
    • 39,104 Thanks
    jwil
    DH has booked for someone to come in and quote for some electrical work we need done. Once this month is gone, I'll be back on putting the money aside for the house stuff, then once that's sorted, I can crack on with other stuff.
    Finally feel like I might be getting somewhere
    "If you can dream it, you can do it". Walt Disney
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 5th May 19, 2:58 PM
    • 10,006 Posts
    • 79,595 Thanks
    HairyHandofDartmoor
    New debt totals:

    Balance at Aug 18/Now

    1. £2301/£0
    2. £8388/£8316
    3. £4022/£3788
    4. £2380/£1879
    5. £4813/£4766

    = £21,904/£18,749

    From my original total of £34,557, that's almost 46% cleared

    Happy with that
    Originally posted by jwil
    DH has booked for someone to come in and quote for some electrical work we need done. Once this month is gone, I'll be back on putting the money aside for the house stuff, then once that's sorted, I can crack on with other stuff.
    Finally feel like I might be getting somewhere
    Originally posted by jwil
    That's great news .
    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 = £4,005/£5,000. EMERGENCY FUND 2 = £2,005/£5,000.
    CHRISTMAS SAVINGS = £129.37/£500
    PREMIUM BONDS ME = £150. PREMIUM BONDS DH = £50
    • WannabeFree
    • By WannabeFree 5th May 19, 5:21 PM
    • 3,835 Posts
    • 37,779 Thanks
    WannabeFree
    Amazing updates

    x
    “Once you hit rock bottom, that's where you perfectly stand; That's your chance of restarting, but restarting the way.”
    • jwil
    • By jwil 6th May 19, 4:50 PM
    • 10,791 Posts
    • 39,104 Thanks
    jwil
    Amazing updates

    x
    Originally posted by WannabeFree
    Thank you
    "If you can dream it, you can do it". Walt Disney
    • jwil
    • By jwil 6th May 19, 4:53 PM
    • 10,791 Posts
    • 39,104 Thanks
    jwil
    I've been trying to teach little jwil to ride his bike without stabilisers today. failed miserably He just won't try as soon as he feels unstable. I have no idea how to get around it. Does anyone have any suggestions? He's quite sensitive and if he thinks something is scary he just won't give it a go.
    "If you can dream it, you can do it". Walt Disney
    • jwil
    • By jwil 6th May 19, 5:00 PM
    • 10,791 Posts
    • 39,104 Thanks
    jwil
    That's great news .
    Originally posted by HairyHandofDartmoor
    Thank you
    "If you can dream it, you can do it". Walt Disney
    • NeverendingDMP
    • By NeverendingDMP 6th May 19, 5:26 PM
    • 398 Posts
    • 1,422 Thanks
    NeverendingDMP
    Wow youve had a busy few days. Well done on all your news and good progress.
    Hope you get to have a good chat about the new job. It sounds like its someone you know so you can approach them for more info. They asked you to apply remember so theres no harm in suggesting how you would like it to pann out in the future.

    With regards to bike riding our eldest wouldnt do it for ages with us when he was learning. We took him to a local cycling group doing beginner classes. He was riding in under 10 minutes. Dh was proud but livid he did it so wuick with them. Ha ha. If its a nerves thing he might feel he has to just get on with it or not be allowed to feel nervous with a different person/teacher type figure were as with you he will possibly be more emotional as he knows you understand his fears.
    35,213 - Jan 2018, 28854 remaining.
    Mortgage 77230- 73082 remaining.
    Make 2019- 1267/2019 EF =67
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