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  • FIRST POST
    • Dinah93
    • By Dinah93 15th Jun 16, 10:46 AM
    • 11,300Posts
    • 45,567Thanks
    Dinah93
    The Ultimate Incentive muddles along
    • #1
    • 15th Jun 16, 10:46 AM
    The Ultimate Incentive muddles along 15th Jun 16 at 10:46 AM
    Part 12. I have now been limping around these forums for the best part of a decade. I cleared it all, it all came back. It was nearly gone again, and it's grown almost to the max again. Somehow nearing that £16k debt figure always signals a change in the winds, something happens to make our finances go in a better direction for a few months, but then we hit a bump, fall off the wagon, down a cliff and into the deep dark sea. As well as a few maternity leaves and redundancy the biggest bump these last few years has been NIMs depression, where we can have no wages coming into the house for months on end, but also no ability to contribute in other ways so that I can work or even so I can do some home based money making.

    While the depression isn't in the best place right now, we are both committed to making it work as best we can, and my diary has always helped me, with the support and chatter of my amazing threadies. So, time to work out where we stand, and fill you in on what we plan to do about it.
    Debt January 1st 2018 £65,773.65
    Debt March 1st 2018 £57,572.93
    £8,220.23/12.49% paid off
    Met NIM 23/06/2008
Page 44
    • Dinah93
    • By Dinah93 16th Mar 18, 11:40 PM
    • 11,300 Posts
    • 45,567 Thanks
    Dinah93
    Omg so busy! Hi everyone hope you're well. Pick up our new truck tomorrow, it's 3 years old, stupidly big and is a good tax write off. I put £4k down as a deposit so expecting debt to go in the wrong direction this month :s
    Debt January 1st 2018 £65,773.65
    Debt March 1st 2018 £57,572.93
    £8,220.23/12.49% paid off
    Met NIM 23/06/2008
    • Dinah93
    • By Dinah93 17th Mar 18, 9:16 PM
    • 11,300 Posts
    • 45,567 Thanks
    Dinah93
    Got the new car today - it's a bit of a beast but at least it fits all my kit in now so I can stop getting the kids to hold bags of equipment on every journey!
    Debt January 1st 2018 £65,773.65
    Debt March 1st 2018 £57,572.93
    £8,220.23/12.49% paid off
    Met NIM 23/06/2008
    • Cinny91
    • By Cinny91 19th Mar 18, 8:29 PM
    • 5,889 Posts
    • 25,167 Thanks
    Cinny91
    Hope the new car runs well for you! Be good to have something a bit bigger, and gives you the extra ad space if you get it stickered up

    Keeping everything crossed winter is over and spring is on the way. I mostly just want to turn the heating off.

    O has been getting up at 5am these last 3 mornings and I'm cream crackered. Its one thing to get up on your own at that time of the morning, it's another when there's a mad toddler running about. His new thing is "oh, go on!" Whenever he's trying to get us to do something. Kills me every time!
    Mortgage July 2017 £125,000.00 • Mortgage August 2018 £120460.48
    3.63% paid
    • Cinny91
    • By Cinny91 29th Mar 18, 6:44 AM
    • 5,889 Posts
    • 25,167 Thanks
    Cinny91
    Hope everyone has a lovely easter
    Mortgage July 2017 £125,000.00 • Mortgage August 2018 £120460.48
    3.63% paid
    • kavics17
    • By kavics17 30th Mar 18, 6:39 PM
    • 2,221 Posts
    • 6,371 Thanks
    kavics17
    Hi All,

    Lovely weather here finally, we had 16 degrees today. Went out for a bike ride with Little Kavics and spent some time with boyfriend's family.
    Planning to go for a run tomorrow and also swimming, we are actually off to a place in the middle of the forest on Monday and will stay offline for 3 days. Can't wait.

    Boyfriend has now moved in. It is !!!! scary but we are giving it a go and see how it works. Little Kavics has completely calmed down and loves him too which is really lovely. I have now idea what comes next but we are all happy now.
    • Cinny91
    • By Cinny91 3rd Apr 18, 12:07 PM
    • 5,889 Posts
    • 25,167 Thanks
    Cinny91
    Oh that's lovely, Kavics Hope things keep going well for you all, I can imagine it's such a bigger thing having a partner move in when you have a LO than when you just move in with someone solo! Honestly so happy for you, you've taken some massive leaps!

    We had horrible weather over the weekend, felt like we were getting cabin fever yesterday but the rain just didn't break and LO is prone to getting sick if we go out in shoddy weather so just didn't want to risk it. I've watched Despicable Me 3 more times than I'd like to admit.
    Mortgage July 2017 £125,000.00 • Mortgage August 2018 £120460.48
    3.63% paid
    • Dinah93
    • By Dinah93 10th Apr 18, 12:44 PM
    • 11,300 Posts
    • 45,567 Thanks
    Dinah93
    Hope you all had a good easter. Currently massively regretting large truck purchase as the back (boot/canopy/goods area) leaks! Can't actually put anything in it which makes it pretty useless. Need to call the garage and get it looked at.

    Took a week off to take the kids around Yorkshire and the midlands and this has left me so swamped I have this permanent level of anxiety that makes me want to be sick.

    Going to view another unit on Thursday, on a residential training course Friday - Sunday (marketing rather than yoga), kids back at school Monday.

    It's suddenly bit me that LB will be starting school in September and I'm really not ready for them both to be in school all day. I'll be able to grow the business in leaps and bounds I hope, but I don't feel that that is the lifestage I'm at yet.

    NIM has been off work with mental health stuff for 3 weeks, but he's been offered another job so he's going back on Tuesday and should go over to the new company by the end of April hopefully. It's nearly a £10k pay increase but a 50 mile each way commute. It's sort of shift work too, either 7am-3pm or 11am - 7pm. The early would suit us a lot better as I teach most evenings from 6pm, but I'm not sure if shifts can be set or if he will have to float, which could be a massive issue.

    Father in law and his partner are coming over this weekend, while I'm on training. Be nice for NIM and kids to see them as it's been 18 months. You'd think Ireland was a lot further away than it is.

    Have had no income since Feb 12th and the bank accounts are a long way past bare. Had a dentist checkup this morning and actually had to play a game of 'which account has £21' to be able to pay it. This is because we changed to a ltd company but I didn't know that I needed a business account rather than a dedicated personal account, so I've not been able to withdraw any money. HSBC utterly !!!!ed up my application and it ended up in a virtual black hole while I waited and waited and they didn't progress it, finally got one opened with Santander but now having to wait for the merchant link up which can take 5 days as well. Pulling my hair out!

    NIMs/my old car needs an MOT in the next 2 weeks as well. Everything is a bit much right now.
    Debt January 1st 2018 £65,773.65
    Debt March 1st 2018 £57,572.93
    £8,220.23/12.49% paid off
    Met NIM 23/06/2008
    • Cinny91
    • By Cinny91 11th Apr 18, 2:36 PM
    • 5,889 Posts
    • 25,167 Thanks
    Cinny91
    Oh no, Dinah! You were so positive when you last posted. Sorry to hear things have been a bit much, can't even imagine how stressed you must feel.

    Silver lining is the truck will be fixable, and then be usable. NIM's shift work has only 2 possibilities, so it isn't like there are a million variants so I'm sure you can get into a routine with it. It's all manageable, it's a lot but it's manageable!

    Try and carve out a little time for yourself, even if it's just to watch an episode of a show you like or sit with a cuppa and a book. Turn your phones off in the evenings when you can and disconnect a little. Once the kids are back at school and you get back into a routine I'm sure you'll start to feel better
    Mortgage July 2017 £125,000.00 • Mortgage August 2018 £120460.48
    3.63% paid
    • Dinah93
    • By Dinah93 11th Apr 18, 3:42 PM
    • 11,300 Posts
    • 45,567 Thanks
    Dinah93
    Free fascial and massage this evening, the salon I get my eyebrows done at gives you a free mini one or the other at 5 visits and a full one of one or the other at 10. I've saved them up to do them both together. Considering my eyebrows only cost £7 a time I think the freebie is probably worth about that so not bad going and looking forward to 90 minutes of stress free me time.

    I think I might have been so stressed because I'd not been teaching for 10 days, taught a class last night and feel so much more on top of things today.
    Debt January 1st 2018 £65,773.65
    Debt March 1st 2018 £57,572.93
    £8,220.23/12.49% paid off
    Met NIM 23/06/2008
    • roomontheend
    • By roomontheend 11th Apr 18, 8:27 PM
    • 422 Posts
    • 1,677 Thanks
    roomontheend
    No income since 12th Feb, how have you managed?
    I have been baking everyday this week as I!!!8217;m off for Easter. I am going to try the keep the food bill down as much as I can this month. The dog is a bit limb and she!!!8217;s going to the vets tomorrow so need to claw some money back as it not in the budget. I also have the mot next month which I!!!8217;m sure it will need a little bit of work. Hopefully nothing major but I have budgeted some for that. Hope you are all well.
    Total debt Feb 2012 = £54354.11
    Paid = £22641.01 Current = £31713.10
    Paid = £28,360.07 Current = £25,994.0
    Paid = £29,428.79 Current = £24,925.32
    Paid = £30,277.72 Current = £24,076.39
    Paid =. Current = £22,910.64
    • wendz86
    • By wendz86 11th Apr 18, 9:04 PM
    • 7,090 Posts
    • 24,606 Thanks
    wendz86
    Sorry to hear the truck is leaking, hope you can get it sorted!

    Job move for NIM sounds like it could be promising. Hope the shifts work out.

    The money situation sounds like an absolute nightmare! It is no surprise that you are so stressed with all this going on. Agree with Cinny that you need a bit of you time and the mini facial and massage sounds great.

    Kavics - lovely news about your bf moving in, hope it all works out great for you and mini kavics.

    Been an expensive month and not even half way through. Got a lot of birthdays and the Easter holidays don't help! Went to the tower of London today. Only had to pay for me though as H is free and P has a blue peter badge now. We had a nice day. Trying to think of cheap things to do next couple of days. Think we might do library and park tomorrow and swimming Friday as kids go in free.
    • Dinah93
    • By Dinah93 11th Apr 18, 9:58 PM
    • 11,300 Posts
    • 45,567 Thanks
    Dinah93
    I might have money tomorrow! It says it should be paying out tomorrow, if it does then I just need to work out my expenses (things I've paid personally since 12th feb) and I can claim them back out the company, possibly with a bit of a wage as well.Expenses alone will be well over £1k
    Debt January 1st 2018 £65,773.65
    Debt March 1st 2018 £57,572.93
    £8,220.23/12.49% paid off
    Met NIM 23/06/2008
    • kavics17
    • By kavics17 12th Apr 18, 11:49 AM
    • 2,221 Posts
    • 6,371 Thanks
    kavics17
    Wherabout are you in London Wendz? I loved the Horniman Museum when I lived there, took baby Kavics there a couple of times. Also Battersea park was awesome, lovely walk by the river too.

    Hope NIM's job will work out, keeping my fingers cross. Expensive month here too as we have a couple of trip planned. Running a 10 k race at the weekend in Budapest and going for a 30km hike at the end of April too.
    • wendz86
    • By wendz86 12th Apr 18, 8:30 PM
    • 7,090 Posts
    • 24,606 Thanks
    wendz86
    Was only there till yesterday unfortunately Kavics. Went to the Horniman museum when Poppy was little and remember it was good.

    Was a smallish spend day today. Only spent money on parking for park and library and some popcorn for when we got home.

    Good luck with the 10k Kavics.

    Dinah hope the money paid out!
    • Dinah93
    • By Dinah93 12th Apr 18, 9:47 PM
    • 11,300 Posts
    • 45,567 Thanks
    Dinah93
    Nope, still no money. ARGH!
    Debt January 1st 2018 £65,773.65
    Debt March 1st 2018 £57,572.93
    £8,220.23/12.49% paid off
    Met NIM 23/06/2008
    • Dinah93
    • By Dinah93 19th Apr 18, 12:48 PM
    • 11,300 Posts
    • 45,567 Thanks
    Dinah93
    Thankfully now have money. I'm reassured it's at least a stable money now, but the weekend of training (anyone in the north east self employed, Going For Growth, very well worth it) made me very aware I've kind of stumbled into this business with no foreward planning.

    I've also become aware I potentially do need to start some of the extra money makers up alongside employment. The reason being if I sell stuff on ebay I'm not loosing half of what I make in tax.

    By no means by full to do list:

    Cancel tomorrow nights class, email participants.
    Plan class that is running tomorrow night
    Plan workshop 1
    Plan workshop 2
    Plan workshop 3
    Work out and make a list of everywhere I personally owe money
    Work out the balance of what I owe the company or the company owes me
    Work out our personal fixed monthly costs/budget
    Work out company fixed monthly costs
    Work out company preferred monthly costs inc income etc
    Reply to new joiner type emails/messages
    Email all Sunday night students re class swapping
    Refund K&S

    We've booked a rotivator for the weekend to try to get the gardne back, it's possible mum and dad are taking the kids away which if they are we should be able to crack on.

    NIM went back to work after a month off on Tuesday and the difference to his temperament is stark. Really want to tell him just to get signed off again for the last 6 days because it's not worth him snapping at all of us.
    Debt January 1st 2018 £65,773.65
    Debt March 1st 2018 £57,572.93
    £8,220.23/12.49% paid off
    Met NIM 23/06/2008
    • Dinah93
    • By Dinah93 20th Apr 18, 11:23 AM
    • 11,300 Posts
    • 45,567 Thanks
    Dinah93
    NIM off again, pleased about that. Worked out the company owes me £4300 (have exact figure but you get the jist). Kind of explains why debt repayments have stalled.

    Have made the scary decision to take the unit. So need to start doing the planning application as soon as I have confirmation it's mine. I was going to hire someone, but since I'm qualified in this area it seems a bit redundant.
    Debt January 1st 2018 £65,773.65
    Debt March 1st 2018 £57,572.93
    £8,220.23/12.49% paid off
    Met NIM 23/06/2008
    • archersluck
    • By archersluck 12th Jul 18, 9:39 PM
    • 621 Posts
    • 2,264 Thanks
    archersluck
    How is everything Dinah?

    Saving for a deposit: £11,621.15
    20/25lbs
    • Cinny91
    • By Cinny91 2nd Aug 18, 10:54 AM
    • 5,889 Posts
    • 25,167 Thanks
    Cinny91
    Hope everything is going well Keep checking for an update!
    Mortgage July 2017 £125,000.00 • Mortgage August 2018 £120460.48
    3.63% paid
    • kavics17
    • By kavics17 3rd Aug 18, 5:37 PM
    • 2,221 Posts
    • 6,371 Thanks
    kavics17
    Me too...keep checking too...
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