3rd Time Lucky?!- Attempting to clear £6645.93 of debt in 105days (3months+13days)!!
Options
Comments
-
Another NSD day planned today, have paid another £10 to my cc. Nothing more to report...just battening down the hatches until payday
x DFD-01.03.2018:starmod: :beer::T
Maternity Savings- £2000/£10,000
Emergency Fund- £1,000/£5,000
House Deposit- £0/£25,000.
NSD November 2/30
Make £5 per day- £128.48/£1550 -
Hi Guys,
Quickest of updates still awaiting payday...but met by some unforeseen sods laws have had to buy a new cooker (ours blew up), fix car & all other manner of mishaps resulting in having to use credit card will update later but am literally counting the days until payday...update, action plan, soa and budget to follow xDFD-01.03.2018:starmod: :beer::T
Maternity Savings- £2000/£10,000
Emergency Fund- £1,000/£5,000
House Deposit- £0/£25,000.
NSD November 2/30
Make £5 per day- £128.48/£1550 -
It feels like it's been forever since I've been on MSE, I still have debt - £4778.72 to be exact...I struggle with debt much the same as I struggle with weight, I lose it all and find it all again somehow! April/may always seems the time I take a look at myself- new financial year? Summertime fast approaching I don't know but I do know I've got to get back into financial shape again.
I have seen people on my journey who started out the same time clear debts, save and never look back..well I want that...I really want to be debt free once and for all. I'm not starting a brand new diary but continuing from one of my old ones...probably would've been better to continue from my oldest one but hey how I've started this now. I'm hoping that will help me stay focused on how long I've been in debt and my struggles with it.
Ok so plan for today- no spend day, actually post soa, update my ynab, budget for MAYS payday. Make a payment a day, think of 10 things I'm grateful for...list 10 things on eBay/spock/ziffit! Thanks for reading...I have no real debt free date, it's more get gazelle intense and get out!! Here goes....have a fab day one and all xDFD-01.03.2018:starmod: :beer::T
Maternity Savings- £2000/£10,000
Emergency Fund- £1,000/£5,000
House Deposit- £0/£25,000.
NSD November 2/30
Make £5 per day- £128.48/£1550 -
Ok so heres my SOA...
Statement of Affairs and Personal Balance Sheet
Household Information
Number of adults in household........... 1 (I live with family, no dependents-I have accounted for portions I pay for)
Number of children in household......... 0
Number of cars owned.................... 1
Monthly Income Details
Monthly income after tax................ 2435.99 (my income, less travel season ticket (deducted from pay monthly), pension deductions, tax &ni etc)- Basically my take home
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 2435.99
Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 281.45 (my share of rent paid)
Management charge (leasehold property).. 0
Council tax............................. 94.28 (I cover full amount of c/t instead of gas and heat, etc)
Electricity............................. 0
Gas..................................... 0
Oil..................................... 0
Water rates............................. 0
Telephone (land line)................... 0
Mobile phone............................ 48 (mine £27.50 and mums £13.50) cant reduce mine until Dec 17)
TV Licence.............................. 0
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 120 (Bit high- this covers me and any shopping I do when I stay at my OH's...honestly looking at receipts I think its mostly wine:rotfl:)
Clothing................................ 0
Petrol/diesel........................... 40
Road tax................................ 11.6 (pay monthly)
Car Insurance........................... 100 ( I pay annually- about £600 I think, but this will be May & June saving towards it- Ive been slack this year)
Car maintenance (including MOT)......... 0 already paid last month
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 50
Haircuts/beauty etc................................ 20
Entertainment........................... 100
Holiday................................. 0
Emergency fund.......................... 0
house keep ............................. 50 (again paid instead of gas/electric/tv licence contri)
savings 5%.............................. 250 (paid when I get paid, cant pull it out with out penalties & No desire to stop this)
Total monthly expenses.................. 1165.33
Assets
Cash.................................... 750
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 4000
Other assets............................ 0
Total Assets............................ 4750
No Secured nor Hire Purchase Debts
Unsecured Debts
Description....................Debt......Monthly...APR
Halifax Card...................1990......19.9......0
Barclaycard....................2778.72...30........0
Total unsecured debts..........4768.72...49.9......-
Monthly Budget Summary
Total monthly income.................... 2,435.99
Expenses (including HP & secured debts). 1,165.33
Available for debt repayments........... 1,270.66
Monthly UNsecured debt repayments....... 49.9
Amount left after debt repayments....... 1,220.76
Personal Balance Sheet Summary
Total assets (things you own)........... 4,750
Total HP & Secured debt................. -0
Total Unsecured debt.................... -4,768.72
Net Assets.............................. -18.72
Created using the SOA calculator at https://www.stoozing.com.
Reproduced on Moneysavingexpert with permission, using other browser.
The SOA wasnt as scary as I thought and definitely gave me a better idea of where I stand, I should have £1270 left over each month to put towards clearing my debt- so should take me about 4 months if I can actually stick to it. have just under £400 left in my account till pay...have one festival, One seminar and one babyshower to get though then will send the rest to the cc.
Didnt manage an nsd- spent £15 on lunch (team lunch) but was really nice, maybe my last for a while whilst I get this all sorted. Made a £10 payment to cc included in the totals above. Feeling a little more excited and optimistic now...just cant wait for payday now...all I have to do is curb my spending x DFD-01.03.2018:starmod: :beer::T
Maternity Savings- £2000/£10,000
Emergency Fund- £1,000/£5,000
House Deposit- £0/£25,000.
NSD November 2/30
Make £5 per day- £128.48/£1550 -
Good morning diary land...am out today so will give myself a budget of £10-lunch/snacks etc.. Have sent £5 to cc1 as a payment a day offerring. Any underspend from today will be paid over later. Feel like a teenager with limited spends £10 for a day out...mind you I used to make that stretch, to this day I still don't know how...
Hmm time for tea I think...have a fab day one & all xDFD-01.03.2018:starmod: :beer::T
Maternity Savings- £2000/£10,000
Emergency Fund- £1,000/£5,000
House Deposit- £0/£25,000.
NSD November 2/30
Make £5 per day- £128.48/£1550 -
Good morning diaryland, so my attempt to spend only £10 for a day up London failed....total cost- £26 ahhh...spent £20 on food for the week (groceries) and have sent £7.23 to the cc monster. Today I'm staying home to conserve funds...yay! Sadly that's all I have to report...hope everyone has a fab Sunday xxDFD-01.03.2018:starmod: :beer::T
Maternity Savings- £2000/£10,000
Emergency Fund- £1,000/£5,000
House Deposit- £0/£25,000.
NSD November 2/30
Make £5 per day- £128.48/£1550 -
Good Afternoon one and all, So yesterday I sent £17.12 to the cc and today another £10. Will aim to send £10 a day until payday. Went shopping last night- spent £70 in Aldi was quite a bit but the freezer needed filling. That said I wont be spending anything on food for the next 2 weeks at least (except perishables). Having a NSD today, brought in box of cereal (quite big should last a minute- and a microwave meal from home). Right back to work I guess...Have a fab day one & all. xDFD-01.03.2018:starmod: :beer::T
Maternity Savings- £2000/£10,000
Emergency Fund- £1,000/£5,000
House Deposit- £0/£25,000.
NSD November 2/30
Make £5 per day- £128.48/£1550 -
Hey my fellow dfw's,
Sorry I haven't checked in in the past 2 days, have been lurking & reading diaries for inspiration. Yesterday- I managed to have a nsd- paid £10 to cc and since I made lunch and saved myself £3 odd I sent that too.
Today sent £10 to the cc, managed to bring in lunch- sadly not a nsd as my earphones broke- so ordered a new pair and 1l mouthwash (also run out) for £10.10. Annoying but necessary
Going to try for no more further spends today. Right lunch is up back to work I go...have a fab day all. DFD-01.03.2018:starmod: :beer::T
Maternity Savings- £2000/£10,000
Emergency Fund- £1,000/£5,000
House Deposit- £0/£25,000.
NSD November 2/30
Make £5 per day- £128.48/£1550 -
Afternoon all...so the weekend has been a bit spendy...
Friday was a night out with the girls dinner and a movie- total spend £33 (£8 cinema entry and £25 on dinner) sent my mum £60 as she was away for the weekend and didn't have much so chipped in for that (hoping bank of good karma will bring it back in another way:rotfl:)
Saturday night in- cheeky take away and drinks:o £23 still cheaper than a night out...
On the plus side still paying my £10 a day as payment to cc...have 5 days to payday and £190 odd left so hoping to send as much as I can to cc. Today will be an nsd, staying home doing chores...so glamorous... will also work on budget for next month as I have a couple of days out planned...have been reading articles on saving, trying to set myself the task of buying no clothes until this debt is cleared...no takeaways either. Right back to it have a fab day guys xXDFD-01.03.2018:starmod: :beer::T
Maternity Savings- £2000/£10,000
Emergency Fund- £1,000/£5,000
House Deposit- £0/£25,000.
NSD November 2/30
Make £5 per day- £128.48/£1550 -
Hi Shelbi,
Keep on going lass you're getting there
BUGGRITMILLENIUMHANDANDSHRIMP I TOLD EM! - Foul Ole Ron
It is important that we know where we come from, because if you do not know where you come from, then you do not know where you are, and if you don't know where you are, then you don't know where you are going. If you don't know where you're going, you're probably going wrong.
R.I.P. T.P.0
This discussion has been closed.
Categories
- All Categories
- 343.2K Banking & Borrowing
- 250.1K Reduce Debt & Boost Income
- 449.7K Spending & Discounts
- 235.3K Work, Benefits & Business
- 608K Mortgages, Homes & Bills
- 173.1K Life & Family
- 247.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 15.9K Discuss & Feedback
- 15.1K Coronavirus Support Boards