Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • LullaBelle
    • By LullaBelle 26th Feb 15, 4:39 PM
    • 115Posts
    • 130Thanks
    LullaBelle
    LullaBelle's long road to being debt free!
    • #1
    • 26th Feb 15, 4:39 PM
    LullaBelle's long road to being debt free! 26th Feb 15 at 4:39 PM
    Hi everyone,

    I have taken the brave step to write my own debt free diary. I have spent a few years reading everyone else's and promising myself that I will take advice from them. So finally here I am. I am 30 years old and in too much debt. It is all down to stupidity and buying things I cannot afford. My husband is not great either but I am doing this diary just for me and my debts. I will spend time later working out my SOA.

    For now by debts are:

    Barclaycard: 5411.41
    Car Loan: 8332.84
    Overdraft: 450
    Total: 14194.25

    Seeing it all wrote down is scary!! So my plan is to have as many no spend days as possible and sell what I can on ebay, gumtree etc.

    So here goes.... my first step towards becoming debt free...
    Virgin 4892.50/ 4730
    Loan 16587.87/15965.46
    Sofa 1100 / 848.88 DH Virgin 6550 /6190
    Barclaycard 5411.41/0
    DH Halifax 413.77 /0 Overdraft 450/0
    Total 35405.55/ 27734.34
Page 6
    • Moguline
    • By Moguline 13th Jun 18, 1:32 PM
    • 261 Posts
    • 683 Thanks
    Moguline
    Well done on your NSDs! And hooray for payday!
    LBM: Christmas 2017 Highest debt (01/01/2018): 23,786 As of 01/07/2018: 19,887 Total reduction in 2018: -3,899 DFD of my dreams: 31/12/2019
    • LullaBelle
    • By LullaBelle 18th Jun 18, 11:36 AM
    • 115 Posts
    • 130 Thanks
    LullaBelle
    Good Morning,


    Payday was on Friday so some more has come of the debts. Today it stands at:


    Virgin 4868
    Barclaycard 49.96
    Loan 16217.85
    Sofa 880.32
    DH Virgin 6280


    Total 28296.13


    I am going to pay the 49.96 off the Barclaycard today so that will be gone!


    I also heard back from Santander and they confirmed that I can make overpayments on the loan from my online banking. So from next month I am going to put the 50 that I usually use to pay off the Barclaycard onto the loan. We still have 4 years 10 months to pay on the loan but I am hoping to reduce this as much as possible.


    We are definitely going to sell our 2nd car. We are hoping to get close to 3k for it. The plan is to pay 2k off the loan and put the rest into savings as an emergency fund. I am really aware of the face we have no back up at all. I feel that we need something as a safety net incase of house emergencies etc. Hoping to get the car sold in the next few weeks.


    Happy Monday!
    Virgin 4892.50/ 4730
    Loan 16587.87/15965.46
    Sofa 1100 / 848.88 DH Virgin 6550 /6190
    Barclaycard 5411.41/0
    DH Halifax 413.77 /0 Overdraft 450/0
    Total 35405.55/ 27734.34
    • LullaBelle
    • By LullaBelle 18th Jun 18, 3:45 PM
    • 115 Posts
    • 130 Thanks
    LullaBelle
    The Barclaycard is gone!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


    WOOOOOOOOOHHHHHHHOOOOOOOOOOOOOOO


    After looking at the snowball calculator I have decided to just pay the minimum payment off my Virgin card each month so that I can make over payments to the loan. The virgin card is on 0% for the next 30 months so I am not too worried about that just yet. The APR on the loan is 10.9%. It needs to go asap!
    Virgin 4892.50/ 4730
    Loan 16587.87/15965.46
    Sofa 1100 / 848.88 DH Virgin 6550 /6190
    Barclaycard 5411.41/0
    DH Halifax 413.77 /0 Overdraft 450/0
    Total 35405.55/ 27734.34
    • LullaBelle
    • By LullaBelle 25th Jun 18, 10:35 AM
    • 115 Posts
    • 130 Thanks
    LullaBelle
    Morning all,


    I have just had a row with Virgin. They charged me a 9 late payment fee and then because I paid 'late' they have change my account from 0% interest to over 19%. They charged me 79.81 in interest!! I am fuming. I have never missed a payment in my life! They said that they are going to pass it on to another team and someone will ring me in 7-10 days. Here's hoping they refund the fees and change me back to 0% interest again. otherwise I am going to have to try another card to balance transfer to. Moral of the story.... Set up a direct debit Louise!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
    So annoyed over this. it is not a good start to my week.


    Not much other news to report. I have kept spending to a minimum this weekend. I have no plans next weekend either as we are starting to potty train my daughter so can't leave the house. Not leaving the house means no spending!!


    Off to try and calm down now and hope that my credit card gets sorted. :-(
    Virgin 4892.50/ 4730
    Loan 16587.87/15965.46
    Sofa 1100 / 848.88 DH Virgin 6550 /6190
    Barclaycard 5411.41/0
    DH Halifax 413.77 /0 Overdraft 450/0
    Total 35405.55/ 27734.34
    • LullaBelle
    • By LullaBelle 25th Jun 18, 10:50 AM
    • 115 Posts
    • 130 Thanks
    LullaBelle
    Just paid 20 off my loan to make me feel better. How strange that paying off a debt can improve your mood!
    Virgin 4892.50/ 4730
    Loan 16587.87/15965.46
    Sofa 1100 / 848.88 DH Virgin 6550 /6190
    Barclaycard 5411.41/0
    DH Halifax 413.77 /0 Overdraft 450/0
    Total 35405.55/ 27734.34
    • Scott-Weiland
    • By Scott-Weiland 25th Jun 18, 11:13 AM
    • 163 Posts
    • 330 Thanks
    Scott-Weiland
    I'm back here again! I had my beautiful baby girl in February and couldn't be happier. I am still struggling with my debt though. Although I am pleased it is still going down. I am only on SMP so take home approx 600 a month so I am 1100 down on what I usually get. I am proud of myself for not using my credit cards. I saved up a good bit before I finished work which has helped. All in I have paid off about 1k of debt since I started maternity leave in January! Not too bad!

    So I'm now looking for any tips that could help me survive maternity leave on SMP? Any ideas? I really need to cut back as I'm running out of savings and don't want to use credit cards!
    Originally posted by LullaBelle
    https://www.moneysavingexpert.com/family/make-money/

    try some of these maybe my advice would be surveys surveys and topcashback.
    Cashback Earnings Ish YTD 71.38 Survey Earnings YTD Ish 371.20
    Is a few week gap.
    • LullaBelle
    • By LullaBelle 26th Jun 18, 10:06 AM
    • 115 Posts
    • 130 Thanks
    LullaBelle
    morning all,


    Thanks for the link Scott-Weiland. I'll have a read through that today.


    Today won't be a NSD. I need to buy new sandals for my daughter. I got an email with a 20% off voucher for Matalan so going to head there later and hopefully pick some up for her.


    Other than that I am hoping I won't need to buy anything else. The bank account isn't looking too bad this month. We have really cut down our spending especially on the food shopping. I actually only spent 20 on last week's shopping! If I be careful the rest of the month I might actually have some cash left over. I'll pay this off the loan. I have a standing order set up to transfer 50 into a savings account each month but EVERY SINGLE month I end up transferring it to cover expenses. I am determined not to touch it this month as I want to start my savings for Christmas. I usually have to use my credit card at Christmas so it will be a challenge this year not to use it. Well I actually can't use it as I don't even know where the card is or the pin number for it! So if I save 50 a month between now and Christmas I should have 350 in total. I already have some presents bought that I got in the January sales. Look at me being super organised!
    Virgin 4892.50/ 4730
    Loan 16587.87/15965.46
    Sofa 1100 / 848.88 DH Virgin 6550 /6190
    Barclaycard 5411.41/0
    DH Halifax 413.77 /0 Overdraft 450/0
    Total 35405.55/ 27734.34
    • kindofagilr
    • By kindofagilr 27th Jun 18, 1:37 PM
    • 6,218 Posts
    • 20,953 Thanks
    kindofagilr
    Hey hun, have you heard back from Virgin? that happened to me with tesco, I rang them and apologised that it was late cos I thought I had a DD set up, and they took away the late payment fee and re-instated my 0%, I would deffo try taking it higher if they dont wanna do that xx

    And well done on paying off the barclaycard xx
    POAMAYC 2018 #87 Paid 7741.33/12,000 ~ 55.01%
    POAMAYC 2017 #87 Paid 10,380.18/10,000 ~ 104%
    POAMAYC 2016 #87 Paid 7454.80/7000 ~ 106%


    Mortgage (Start Date 01/04/09 ~ 30 year term, due to end 01/07/39)
    104,409/84,580.30 (as of 31/05/18) ~ 18.99% Paid

    Christmas Savings 2018: 270 Cash ~ Amazon Vouchers: 40
    Cyprus 2019 Savings: 500/6000 ~ Centre Parcs 2019 Savings: 0/1500

    My Debt Free Diary (Link)
    • LullaBelle
    • By LullaBelle 2nd Jul 18, 10:00 AM
    • 115 Posts
    • 130 Thanks
    LullaBelle
    Hey hun, have you heard back from Virgin? that happened to me with tesco, I rang them and apologised that it was late cos I thought I had a DD set up, and they took away the late payment fee and re-instated my 0%, I would deffo try taking it higher if they dont wanna do that xx

    And well done on paying off the barclaycard xx
    Originally posted by kindofagilr


    Hey, still no word back from Virgin. They told me last Monday that it would take 7-10 working days for them to get back to me. Hopefully I hear back soon as my next payment is due at the end of next week. I really hate paying interest on anything and I'm not sure I would be accepted for another balance transfer credit card! Hopefully I get the same outcome as you! Hope you're keeping well xxx
    Virgin 4892.50/ 4730
    Loan 16587.87/15965.46
    Sofa 1100 / 848.88 DH Virgin 6550 /6190
    Barclaycard 5411.41/0
    DH Halifax 413.77 /0 Overdraft 450/0
    Total 35405.55/ 27734.34
    • kindofagilr
    • By kindofagilr 2nd Jul 18, 1:18 PM
    • 6,218 Posts
    • 20,953 Thanks
    kindofagilr
    I really hope you get the same result as me too, hopefully they can see it was just a little mistake

    We are good thanks xx
    POAMAYC 2018 #87 Paid 7741.33/12,000 ~ 55.01%
    POAMAYC 2017 #87 Paid 10,380.18/10,000 ~ 104%
    POAMAYC 2016 #87 Paid 7454.80/7000 ~ 106%


    Mortgage (Start Date 01/04/09 ~ 30 year term, due to end 01/07/39)
    104,409/84,580.30 (as of 31/05/18) ~ 18.99% Paid

    Christmas Savings 2018: 270 Cash ~ Amazon Vouchers: 40
    Cyprus 2019 Savings: 500/6000 ~ Centre Parcs 2019 Savings: 0/1500

    My Debt Free Diary (Link)
    • LullaBelle
    • By LullaBelle 3rd Jul 18, 10:49 AM
    • 115 Posts
    • 130 Thanks
    LullaBelle
    good morning!


    Only 10 more days until payday. The months are just flying by!


    I have kept my spends low this month so it is looking like I might actually have money left in the bank by the end of the month. I have paid all my debts for the month plus an extra 20 off the loan. Next month I am hoping to up that to 40. DH's car insurance payments finish this month so I can start putting that amount (22) off the loan aswell.


    Still waiting to hear back from Virgin about the charges on my account. I had a look and I have a 0% balance transfer offer on my old Halifax card that I haven't cancelled yet. So if I don't get my offer back from Virgin then I am going to transfer the balance back to Halifax. Fingers crossed I hear from them soon as it is giving me major anxiety!


    I have a SO set up for 50 to go into my savings every month. I haven't touched it yet this month so hopefully by the end of the month it will still be there. It will be the start of my emergency fund.


    I really feel like I am getting somewhere with our debts. DH is up for promotion in work so if he gets it we should be getting an extra 250 a month. We have agreed to pay that off the loan too. That would mean paying 600 towards the loan. We could be debt free by 2021 rather than 2023. Fingers crossed!! This has been the 3rd month in a row we haven't used credit cards. I am loving this new way of life. Feeling very positive!


    xx
    Virgin 4892.50/ 4730
    Loan 16587.87/15965.46
    Sofa 1100 / 848.88 DH Virgin 6550 /6190
    Barclaycard 5411.41/0
    DH Halifax 413.77 /0 Overdraft 450/0
    Total 35405.55/ 27734.34
    • LullaBelle
    • By LullaBelle 9th Jul 18, 12:06 PM
    • 115 Posts
    • 130 Thanks
    LullaBelle
    Hello,


    Monday again. Payday is on Friday. I still have 60 left in the bank account so that is more than enough to keep me going until Friday. I actually paid another 20 towards the loan this morning so this month I have paid 395.64 off it. I plan to keep paying off as much as I can from this every month.


    Good news... I got my Virgin card sorted. I am getting the fees refunded and it's going back to 0%. So glad to get that sorted.


    Month 3 of not getting into any more debt done!


    Roll on Friday to see the total coming down more
    Virgin 4892.50/ 4730
    Loan 16587.87/15965.46
    Sofa 1100 / 848.88 DH Virgin 6550 /6190
    Barclaycard 5411.41/0
    DH Halifax 413.77 /0 Overdraft 450/0
    Total 35405.55/ 27734.34
    • kindofagilr
    • By kindofagilr 9th Jul 18, 1:25 PM
    • 6,218 Posts
    • 20,953 Thanks
    kindofagilr
    Yay I am so pleased Virgin came through for you
    POAMAYC 2018 #87 Paid 7741.33/12,000 ~ 55.01%
    POAMAYC 2017 #87 Paid 10,380.18/10,000 ~ 104%
    POAMAYC 2016 #87 Paid 7454.80/7000 ~ 106%


    Mortgage (Start Date 01/04/09 ~ 30 year term, due to end 01/07/39)
    104,409/84,580.30 (as of 31/05/18) ~ 18.99% Paid

    Christmas Savings 2018: 270 Cash ~ Amazon Vouchers: 40
    Cyprus 2019 Savings: 500/6000 ~ Centre Parcs 2019 Savings: 0/1500

    My Debt Free Diary (Link)
    • LullaBelle
    • By LullaBelle 9th Jul 18, 3:30 PM
    • 115 Posts
    • 130 Thanks
    LullaBelle
    Yay I am so pleased Virgin came through for you
    Originally posted by kindofagilr

    Ah thank you! I am delighted. I was so worried that I was going to be paying interest on it. I still have to pay 138 towards it this month which is more than I usually would but they said it would be back to normal next month!
    Virgin 4892.50/ 4730
    Loan 16587.87/15965.46
    Sofa 1100 / 848.88 DH Virgin 6550 /6190
    Barclaycard 5411.41/0
    DH Halifax 413.77 /0 Overdraft 450/0
    Total 35405.55/ 27734.34
    • kindofagilr
    • By kindofagilr 10th Jul 18, 1:04 PM
    • 6,218 Posts
    • 20,953 Thanks
    kindofagilr
    I hope it's not too much trouble having to pay more this month.

    Its horrible waiting to hear isnt it lol xx
    POAMAYC 2018 #87 Paid 7741.33/12,000 ~ 55.01%
    POAMAYC 2017 #87 Paid 10,380.18/10,000 ~ 104%
    POAMAYC 2016 #87 Paid 7454.80/7000 ~ 106%


    Mortgage (Start Date 01/04/09 ~ 30 year term, due to end 01/07/39)
    104,409/84,580.30 (as of 31/05/18) ~ 18.99% Paid

    Christmas Savings 2018: 270 Cash ~ Amazon Vouchers: 40
    Cyprus 2019 Savings: 500/6000 ~ Centre Parcs 2019 Savings: 0/1500

    My Debt Free Diary (Link)
    • LullaBelle
    • By LullaBelle 11th Jul 18, 8:56 AM
    • 115 Posts
    • 130 Thanks
    LullaBelle
    I hope it's not too much trouble having to pay more this month.

    Its horrible waiting to hear isnt it lol xx
    Originally posted by kindofagilr


    It really is. But I'm just so glad it got sorted. one less thing to worry about now!


    2 more days until payday. I currently have 14.18 in the bank. I have 65 in my emergency fund which is a start. I am delighted that I actually have savings this month. The only thing I need to buy today is bread and I have some money in my purse for that so won't need to use the bank account at all. Roll on Friday to see my debt decrease again!


    Friday's payments will be:
    Loan 355.64
    Virgin 1 138
    Virgin 2 90
    Sofa 31.44
    Total: 615.08


    I will hopefully be able to make a few overpayments to the loan throughout the month too.
    Virgin 4892.50/ 4730
    Loan 16587.87/15965.46
    Sofa 1100 / 848.88 DH Virgin 6550 /6190
    Barclaycard 5411.41/0
    DH Halifax 413.77 /0 Overdraft 450/0
    Total 35405.55/ 27734.34
    • LullaBelle
    • By LullaBelle 11th Jul 18, 8:59 AM
    • 115 Posts
    • 130 Thanks
    LullaBelle
    Oh, also forgot to say... I know it's only July but I have my Christmas shopping well under way this year. I picked up a few things last night for dirt cheap. A local shop is closing down so is selling things for really cheap. I got my daughter a Trolls nail set for 50p and some socks for my husband for 30p. I also bought a load of Halloween decorations for a grand total of 1!
    Virgin 4892.50/ 4730
    Loan 16587.87/15965.46
    Sofa 1100 / 848.88 DH Virgin 6550 /6190
    Barclaycard 5411.41/0
    DH Halifax 413.77 /0 Overdraft 450/0
    Total 35405.55/ 27734.34
    • LullaBelle
    • By LullaBelle 11th Jul 18, 4:19 PM
    • 115 Posts
    • 130 Thanks
    LullaBelle
    I have just done some very scary reading... I decided to download my bank statements for the month in excel format. I highlighted each category in a different colour. From 15th June until today we have spent 567.37 on food!!!!! What the hell! I am disgusted by that. Now I can see where all our money is going. On my SOA I had said I only spend 160 a month on grocery shopping. That is probably what I do spend on my big weekly shop a month but I have totally overlooked all the 5 and 10 shops in the local supermarket. I actually am so so shocked! I am going to download my statement more regularly to keep an eye on this. No more silly spending on food or eating out at the weekends. We simply cannot afford it. Yes, we haven't got into any more debt this month but I could have easily paid another 300 - 400 off debt instead. Raging at myself.
    Virgin 4892.50/ 4730
    Loan 16587.87/15965.46
    Sofa 1100 / 848.88 DH Virgin 6550 /6190
    Barclaycard 5411.41/0
    DH Halifax 413.77 /0 Overdraft 450/0
    Total 35405.55/ 27734.34
    • LullaBelle
    • By LullaBelle 16th Jul 18, 9:25 AM
    • 115 Posts
    • 130 Thanks
    LullaBelle
    Good morning,


    Happy Monday. Payday was on Friday so the debts have come down again.


    I have paid off:


    138 off Virgin
    355.64 off Loan
    90 off DH Virgin
    31.44 off Sofa


    Total paid: 615.08


    Trying to keep things as low spend as possible this month. DH worked overtime on Thursday so that will be an extra days pay in August's pay. That will go straight off the loan. I also transferred 50 into my savings.


    Onwards and downwards... off to update my signature!
    Virgin 4892.50/ 4730
    Loan 16587.87/15965.46
    Sofa 1100 / 848.88 DH Virgin 6550 /6190
    Barclaycard 5411.41/0
    DH Halifax 413.77 /0 Overdraft 450/0
    Total 35405.55/ 27734.34
    • LullaBelle
    • By LullaBelle 17th Jul 18, 9:28 AM
    • 115 Posts
    • 130 Thanks
    LullaBelle
    good morning!


    Happy Tuesday. Not much to report with me.


    I am in desperate need of getting my hair done. I have researched so many hairdressers to try and find someone cheap enough. No luck. So I am dying it myself and going to pay for a cut just. it will be my first one since January. So I am saving myself at least 40.


    I lost 1.5lbs at slimming world last night. I was so good last week so was really hoping for more, but it's still a loss so I'll take it. Going to try really hard again this week although it is my birthday at the weekend so might slip up and have some cake!


    Delighted that myself and my husband have not got into any more debt since April. So that is 3 full months of paying it off. On to month 4 now and determined to keep this going. I actually can't get into any more debt anyway as all cards are cancelled and I have no idea where my virgin card is!
    Virgin 4892.50/ 4730
    Loan 16587.87/15965.46
    Sofa 1100 / 848.88 DH Virgin 6550 /6190
    Barclaycard 5411.41/0
    DH Halifax 413.77 /0 Overdraft 450/0
    Total 35405.55/ 27734.34
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

4,066Posts Today

8,356Users online

Martin's Twitter
  • Donald Trump has apologised and admits he said would when he meant "wouldn't" when siding with Putin over US inte? https://t.co/z1CRJSkEO1

  • About to watch #AckleyBridge on C4+1. I do enjoy it, even though I always feel somewhat stressed and depressed after watching.

  • RT @stevenowottny: 19/30 UK airports now charge you for spending 10 mins dropping someone off at the terminal - good investigation from @je?

  • Follow Martin