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  • FIRST POST
    • debtaghh
    • By debtaghh 27th Jul 16, 10:00 AM
    • 1,223Posts
    • 4,625Thanks
    debtaghh
    I want to stop drowning
    • #1
    • 27th Jul 16, 10:00 AM
    I want to stop drowning 27th Jul 16 at 10:00 AM
    Hi,

    I am not sure where to start or what I want from this but here goes ...

    We are in major debt and things seem to be getting worse, I have been looking at this site for years and know there is no point me posting my soa as we literally can't cut back any more e.g

    food shop for fam of 5 £240- if you can help me reduce this then that would be great. I shop at Aldi, Lidl etc and have most shops locally.
    We just got rid of sky and have reduced mobiles, gas etc.

    We can't do an iva or dmp etc as we are in rented accomadation and I know estate agents can use guarantors etc but we don't have one plus they are not that keen as I have mentioned it before to them. Where we live , it's really hard to rent as there are limited properties and having bad credit would just go against us which we really can't do.

    Our biggest issues are that I do things that I end up regretting e.g booking holidays in the uk which still add up, book parties for the kids etc. I don't know how we got into so much debt but assume it must be down to this and i've never been on a good salary. My business has been hit badly and never recovered. I'm currently looking for a part time job but can't see this happening soon as I need it to be enough salary to cover childcare for my baby. My husband is on a good salary but works shifts which means I can't rely on him for childcare help and we don't have any family that can help us. I've tried working for direct selling companies and sell things on music magpie, ebay and gumtree ( I literally have nothing else to sell). I use cashbaack sites too and did do surverys but never seem to be eligible but will stary back with that- any recommendations for good ones? Or any ideas of making more money from home?

    We are due to go away soon and I would love to have advice on how we can save money on food whilst staying at a hotel, I thought I will bring snacks from home and croissants, drink cartons for breakfast but don't want to be speending loads on lunch and dinners.

    I also feel pressure from my family when it comes to birthdays and christmas time with regards to buying expensive pressies. We have a holiday booked at christmas too ( I know not ideal).

    I supoose I'm writng this to start afresh as I can't carry on like this anymore. I am severly depressed and wake up exhausted every day and have no motivation to do anything. I feel like we are drowing in debt. I am currently receiving cbt but in all honesty the crux of the situation is the debt is the issue. I'm sick of having regrets and living life like this so fingers crossed to new me, it' going to take years but here goes.....
Page 57
    • wishingthemortgaheaway
    • By wishingthemortgaheaway 8th Mar 18, 6:00 PM
    • 1,321 Posts
    • 6,153 Thanks
    wishingthemortgaheaway
    Great news on all fronts. Keep swimming...
    The 100 payment countdown (each payment = £400) 2018 Starts at 13/100 o/s £34,750.
    Jan 18 14/100 Feb 15/100 March 18/100 April 19/100
    Term Mortgage free date: October 2029 Current mortgage free date: April 2025 March 2024 Jan 2024
    MFW 2018 Challenge Member #162 £1600ish/£2,500
    • debtaghh
    • By debtaghh 9th Mar 18, 4:20 PM
    • 1,223 Posts
    • 4,625 Thanks
    debtaghh
    Hi,

    My dh has done even more overtime now which means for the next 3 months he should get a good amount of overtime pay meaning we can afford our outgoings and potentially save/clear debt.

    Still no decent houses but the longer we can stay at our current house the better it will be.
    Debt 16th October 2017: Cc £49,987- family £37,561: total debt £87549

    Current debt: Cc £44,810 , Family £ 39,417 total debt £84,227

    Frugal living challenge # 10- £8000 presents/ food/ entertainment/clothes/shoes/haircuts
    • wishingthemortgaheaway
    • By wishingthemortgaheaway 9th Mar 18, 5:40 PM
    • 1,321 Posts
    • 6,153 Thanks
    wishingthemortgaheaway
    That's a relief in some ways, although I'm sure the not knowing on the house front is unsettling. Have you approached any letting agents asking if they know of anything coming up in the next few months? Maybe tenants of properties who've been asking about properties to buy, or looking to move on.
    You never know.
    The 100 payment countdown (each payment = £400) 2018 Starts at 13/100 o/s £34,750.
    Jan 18 14/100 Feb 15/100 March 18/100 April 19/100
    Term Mortgage free date: October 2029 Current mortgage free date: April 2025 March 2024 Jan 2024
    MFW 2018 Challenge Member #162 £1600ish/£2,500
    • debtaghh
    • By debtaghh 9th Mar 18, 5:56 PM
    • 1,223 Posts
    • 4,625 Thanks
    debtaghh
    Yes I have asked. A few more have come up but aren't that great and more than what we currently pay.
    Debt 16th October 2017: Cc £49,987- family £37,561: total debt £87549

    Current debt: Cc £44,810 , Family £ 39,417 total debt £84,227

    Frugal living challenge # 10- £8000 presents/ food/ entertainment/clothes/shoes/haircuts
    • debtaghh
    • By debtaghh 10th Mar 18, 7:21 AM
    • 1,223 Posts
    • 4,625 Thanks
    debtaghh
    Morning,

    I have quite a busy weekend with visiting family.

    I have semi been watching what I eat and lost 2lbs so far but really need to do it properly. On the money front I still feel like we are constantly spending, constant sch trips, prom invites, year book , Mother's Day, Easter eggs, bday presents, bday invites I don't know if I'm noticing it more as I'm writing it down or is it just this year. We have been invited to two family celebrations which hasn't happened in a good few years and my dd is in year 11 meaning she has her prom and leavers jumper etc. I'm not sure how to cut any of that down unless we don't go to any celebrations.

    Hope everyone has a good frugal day.
    Debt 16th October 2017: Cc £49,987- family £37,561: total debt £87549

    Current debt: Cc £44,810 , Family £ 39,417 total debt £84,227

    Frugal living challenge # 10- £8000 presents/ food/ entertainment/clothes/shoes/haircuts
    • Purplemumof2
    • By Purplemumof2 10th Mar 18, 7:29 AM
    • 6,070 Posts
    • 22,304 Thanks
    Purplemumof2
    Morning,

    You're doing really well.

    Keep going xx
    Official DFW Nerd Club - Member no. 791 - Proud to be dealing with my debts
    MBNA: £6350.00 Cap 1: £407.72 BC: £6224.59
    AFD xxx LTW 4/17
    POAMAYC 2018 #041 PD £5970.32/£7000
    Savings for Christmas £161.42/£365
    20p Savers 2018 £2 Savers 2018 50p Savers 2018 SPC 11 2018 #003
    • Cumbria lass
    • By Cumbria lass 11th Mar 18, 6:09 PM
    • 1,791 Posts
    • 10,802 Thanks
    Cumbria lass
    Hope you have had a lovely Mother's Day.
    CC1 £3655 April 2018.
    • debtaghh
    • By debtaghh 12th Mar 18, 7:18 AM
    • 1,223 Posts
    • 4,625 Thanks
    debtaghh
    Morning,

    I had a lovely day yesterday ( apart from a few issues with my mother but that's pretty normal!) my dc and dh spoilt me and really made an effort.

    I haven't got that much on this week which is nice as I feel like I get so busy that I hardly spend time with my little one. I'm hoping not to spend much other than food bits. I also need to try harder on my diet as that is getting me down too!
    Debt 16th October 2017: Cc £49,987- family £37,561: total debt £87549

    Current debt: Cc £44,810 , Family £ 39,417 total debt £84,227

    Frugal living challenge # 10- £8000 presents/ food/ entertainment/clothes/shoes/haircuts
    • debtaghh
    • By debtaghh 13th Mar 18, 7:10 AM
    • 1,223 Posts
    • 4,625 Thanks
    debtaghh
    Morning,

    I can't wait until dh gets paid next week as I feel like I haven't made debt payments in a while. I'm focusing on saving as a priority therefore only the minimums are getting paid although I don't feel like I have saved as much as I would have liked too but I'm still sticking to my March target of £3000 savings and under 45k cc debt!
    Debt 16th October 2017: Cc £49,987- family £37,561: total debt £87549

    Current debt: Cc £44,810 , Family £ 39,417 total debt £84,227

    Frugal living challenge # 10- £8000 presents/ food/ entertainment/clothes/shoes/haircuts
    • debtaghh
    • By debtaghh 15th Mar 18, 5:46 AM
    • 1,223 Posts
    • 4,625 Thanks
    debtaghh
    Morning,

    The days seem to be flying by. I'm really trying to cut the food budget down and I think it's working. I'm hoping to not spend more than approx £15 on milk, fruit and cheese until dh gets paid next Tuesday. I had a semi lazy day ( for me) yesterday as I was up the night before with sick children. I still did quite a few bits.

    Today I need to:

    Change bed sheets
    Wash bed sheets
    Hoover and mop the floors
    Do 20,000 steps
    Sort business bits out tonight

    Have a good frugal day everyone.
    Debt 16th October 2017: Cc £49,987- family £37,561: total debt £87549

    Current debt: Cc £44,810 , Family £ 39,417 total debt £84,227

    Frugal living challenge # 10- £8000 presents/ food/ entertainment/clothes/shoes/haircuts
    • enthusiasticsaver
    • By enthusiasticsaver 15th Mar 18, 7:45 AM
    • 6,385 Posts
    • 13,114 Thanks
    enthusiasticsaver
    Sounds like a successful week so far on the low spends and your DH overtime. Shame about the sick children though
    Debt free and mortgage free and early retiree. Living the dream

    I'm a Board Guide on the Debt-Free Wannabe, Mortgages and Endowments, Banking and Budgeting boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Any views are mine and not the official line of moneysavingexpert.com. Pease remember, board guides don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com
    • debtaghh
    • By debtaghh 16th Mar 18, 11:16 AM
    • 1,223 Posts
    • 4,625 Thanks
    debtaghh
    Hi,

    I managed my 20000+ of steps yesterday and my jobs.
    I'm not going to be able to increase the savings as dd needs new shoes and bits have cropped up. As long as I clear debt and not increase it that's the main thing I suppose!
    Debt 16th October 2017: Cc £49,987- family £37,561: total debt £87549

    Current debt: Cc £44,810 , Family £ 39,417 total debt £84,227

    Frugal living challenge # 10- £8000 presents/ food/ entertainment/clothes/shoes/haircuts
    • Cumbria lass
    • By Cumbria lass 18th Mar 18, 6:35 PM
    • 1,791 Posts
    • 10,802 Thanks
    Cumbria lass
    Not asked for a couple of weeks, any more properties come up yet in your chosen area ?
    CC1 £3655 April 2018.
    • debtaghh
    • By debtaghh 18th Mar 18, 6:47 PM
    • 1,223 Posts
    • 4,625 Thanks
    debtaghh
    Not asked for a couple of weeks, any more properties come up yet in your chosen area ?
    Originally posted by Cumbria lass
    Not really that are suitable. They are all smaller and more expensive.
    Debt 16th October 2017: Cc £49,987- family £37,561: total debt £87549

    Current debt: Cc £44,810 , Family £ 39,417 total debt £84,227

    Frugal living challenge # 10- £8000 presents/ food/ entertainment/clothes/shoes/haircuts
    • debtaghh
    • By debtaghh 19th Mar 18, 6:10 AM
    • 1,223 Posts
    • 4,625 Thanks
    debtaghh
    Morning.

    I've managed to lose 5lbs in two weeks which I'm pleased with.
    Dh gets paid tomorrow and I can't wait. I haven't made any extra debt payments and can't seem to top up my savings either. Things keep on cropping up. Ds needed new shoes .... why are they so expensive?! I'm not going to stress about it though as life is too short. All I can do is ensure I pay the minimums and don't create more debt.

    Have a good frugal day everyone.
    Debt 16th October 2017: Cc £49,987- family £37,561: total debt £87549

    Current debt: Cc £44,810 , Family £ 39,417 total debt £84,227

    Frugal living challenge # 10- £8000 presents/ food/ entertainment/clothes/shoes/haircuts
    • debtaghh
    • By debtaghh 20th Mar 18, 7:34 AM
    • 1,223 Posts
    • 4,625 Thanks
    debtaghh
    Morning,

    I've paid all my minimums and more as I wanted to get under the £45k mark! Signature updated!
    Debt 16th October 2017: Cc £49,987- family £37,561: total debt £87549

    Current debt: Cc £44,810 , Family £ 39,417 total debt £84,227

    Frugal living challenge # 10- £8000 presents/ food/ entertainment/clothes/shoes/haircuts
    • enthusiasticsaver
    • By enthusiasticsaver 20th Mar 18, 8:48 AM
    • 6,385 Posts
    • 13,114 Thanks
    enthusiasticsaver
    Excellent getting under £45k. Debt is going in right direction!! Well done.

    I know what you mean about things cropping up. Every month there is something. Having savings pots for these things is a good idea when the budget allows. Difficult when you have debt though to know which to do especially as you are saving to move too.
    Debt free and mortgage free and early retiree. Living the dream

    I'm a Board Guide on the Debt-Free Wannabe, Mortgages and Endowments, Banking and Budgeting boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Any views are mine and not the official line of moneysavingexpert.com. Pease remember, board guides don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com
    • motivated
    • By motivated 20th Mar 18, 7:05 PM
    • 2,194 Posts
    • 4,343 Thanks
    motivated
    Hi debtaghh

    That's great news on the debt front. Very soon you will be in the 70s

    Onwards and downwards. Keep going
    M
    I have arrived in DMP land and I like it, I may stay a while
    LBM £82,590 Jan 17/£77,182.91 May 18
    Short term goal £1523.73/£1796 / PDBX 18 # 31 - £2885.52/£5,000
    • DrSpendLittle
    • By DrSpendLittle 20th Mar 18, 7:11 PM
    • 293 Posts
    • 1,011 Thanks
    DrSpendLittle
    Congrats on getting under £45K . These achievements are really good for motivation. You should somehow celebrate this evening! You deserve it!
    Since 1st September 2017
    CC1: £paid off/£1,253.73 | CC2: £2,529.99/£9,124.15 | CC3: £paid off/£312.34 | Car Finance: £1,263.28/£1,894.92
    Emergency Fund: £329.81/£500 (65.96%) | Total Debt Repayments: £5,359.34/£12,585.14 (42.58%) | LBM Debt Exposure: £13,915.17 | Average Monthly Repayment: £836.17 | Outstanding Debt: £7,225.80 | DFD: 30/09/18
    • debtaghh
    • By debtaghh 26th Mar 18, 6:29 AM
    • 1,223 Posts
    • 4,625 Thanks
    debtaghh
    Hi,

    I haven't written on here as in all honesty I feel very deflated and there is no point in writing on here daily negative reports. The fact is our debt is too much and seriously affecting my mental health, I can't tell you the amount of jobs that I have applied for and never hear back. Until I feel in a better place I don't see the point of updating my own diary regularly.
    Debt 16th October 2017: Cc £49,987- family £37,561: total debt £87549

    Current debt: Cc £44,810 , Family £ 39,417 total debt £84,227

    Frugal living challenge # 10- £8000 presents/ food/ entertainment/clothes/shoes/haircuts
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