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
    • Honeysucklelou2
    • By Honeysucklelou2 31st Dec 16, 4:05 AM
    • 883Posts
    • 3,576Thanks
    Honeysucklelou2
    From debt to freedom...
    • #1
    • 31st Dec 16, 4:05 AM
    From debt to freedom... 31st Dec 16 at 4:05 AM
    For a couple of months I have been lurking and reading diaries which have been helpful and inspiring. I thought that I would start a diary to keep myself focussed on getting rid of the debts.

    I am a working mum, recently separated from my husband. I have a large family which makes for an interesting and busy life! I have had a couple of LBMs in recent years and tried to stick to a budget. I had 2 loans totalling 17, 000 at one point. One loan was paid in Aug 2016 and the 2nd has just over 2,000 to go and is due to be paid off by August 2017.
    Other than that, I have a cc with a 475 balance, 2 home improvement loans ( for double glazing) that both have about 1700 outstanding. These have a horrible interest rate of 22%, so I'm eager to tackle these first.
Page 22
    • Honeysucklelou2
    • By Honeysucklelou2 13th Jan 18, 11:12 AM
    • 883 Posts
    • 3,576 Thanks
    Honeysucklelou2
    That's a really good idea Mumoffour...might have to suggest that to our school.

    NSD #5 yesterday.

    I've planned a menu for the week with DD3. I went through the freezer yesterday and realised that I have a few bags of frozen soft fruit, so have planned a raspberry custard tart for tonight's pudding ( DS2's favourite). Hoping to get some baking done later to fill the tins. DD2 gave me 2 lovely tins for Christmas...not sure if it's a hint to fill them up more
    paydbx #93 692/8,000.
    Loan 17k - paid off in Aug 2017. Home improvement loans 3342 March 2017. 3123 in Jan 18
    • Honeysucklelou2
    • By Honeysucklelou2 13th Jan 18, 10:58 PM
    • 883 Posts
    • 3,576 Thanks
    Honeysucklelou2
    Busy day today. I spent 100 on food for the week, but that also included shampoo, conditioner, nappies and dog food. The menu plan is

    Sun - Roast chicken
    Mon - chicken pie with leftovers
    Tues - pasta with tomato sauce
    Wed - children eat with the ex
    Thurs - sausage casserole
    Fri -

    The 100 also included a sistema soup container. It was on offer for 2.25 and has a vent opening so that soup can be reheated in the microwave. I do enjoy making soup and having discovered that we have a microwave at work, I thought the soup container would be a useful purchase. I have a couple of butternut squashes to use up so hope to make soup with those tomorrow, in readiness for Monday.

    I made a payment off a debt. I've estimated the interest and subtracted that from the payment so I think 75 is the amount paid off the capital.

    I've done a few hours work in preparation for next week and got 4 loads of laundry done. The tins have been refilled with flapjacks, mincemeat and marzipan loaf and raspberry custard tart. A productive day
    paydbx #93 692/8,000.
    Loan 17k - paid off in Aug 2017. Home improvement loans 3342 March 2017. 3123 in Jan 18
    • Mumoffourkids
    • By Mumoffourkids 14th Jan 18, 7:01 AM
    • 646 Posts
    • 3,137 Thanks
    Mumoffourkids
    You saying you have filled your tins today with home baked stuff has made me want to bake today. I might do some this morning seeing as I am up early with the two little ones. I keep saying I am going to bake but never seem to find the time!

    Also well done on making a payment to the debt. I have a spreadsheet to work interest on my debts that are charging interest.

    You have had a very productive day. I love days like that.
    Total debt Dec 2017 23090.83
    Ma7 2018 3691.78 84.01% paid
    Emergency fund 150/600
    Total Savings 1328.05
    • Honeysucklelou2
    • By Honeysucklelou2 14th Jan 18, 8:30 PM
    • 883 Posts
    • 3,576 Thanks
    Honeysucklelou2
    NSD #6 today

    I've had a lovely afternoon, walking through the lanes and fields locally. The toddler had his wellies on and splashed in all the puddles. Sunset was beautiful and the sight of the snowdrops, a reminder that Spring isn't too far away

    Trying to get organised now and gear myself up for work...an even busier week than usual is ahead.
    paydbx #93 692/8,000.
    Loan 17k - paid off in Aug 2017. Home improvement loans 3342 March 2017. 3123 in Jan 18
    • Honeysucklelou2
    • By Honeysucklelou2 16th Jan 18, 12:44 AM
    • 883 Posts
    • 3,576 Thanks
    Honeysucklelou2
    NSD #7 today ( Monday).

    Busy at work today. We stuck to the menu plan and had chicken pie even if it was a little late when we ate.
    paydbx #93 692/8,000.
    Loan 17k - paid off in Aug 2017. Home improvement loans 3342 March 2017. 3123 in Jan 18
    • Cherryfudge
    • By Cherryfudge 16th Jan 18, 3:31 PM
    • 1,755 Posts
    • 9,615 Thanks
    Cherryfudge
    How ever do you manage seven in a row?!

    • Mumoffourkids
    • By Mumoffourkids 16th Jan 18, 6:05 PM
    • 646 Posts
    • 3,137 Thanks
    Mumoffourkids
    Yes well done on that. I struggle to do two in a row let alone seven. There is always something to pay for in this house! Your walks sound lovely as well. I wish I could convince my toddler to wear wellies though. He only stopped wearing his sandals when we had snow before Christmas!
    Total debt Dec 2017 23090.83
    Ma7 2018 3691.78 84.01% paid
    Emergency fund 150/600
    Total Savings 1328.05
    • Honeysucklelou2
    • By Honeysucklelou2 16th Jan 18, 6:43 PM
    • 883 Posts
    • 3,576 Thanks
    Honeysucklelou2
    No I confess I'm counting the NSDs through the month. I used to do the NSD challenge on the challenges board and set myself a target of 10 a month which I kept failing at, so I thought I'd count them on here and get better before venturing back to the challenge boards. The most I've done in a row is 3.

    Sadly not a NSD today as milk and bread were needed.
    paydbx #93 692/8,000.
    Loan 17k - paid off in Aug 2017. Home improvement loans 3342 March 2017. 3123 in Jan 18
    • Honeysucklelou2
    • By Honeysucklelou2 16th Jan 18, 6:44 PM
    • 883 Posts
    • 3,576 Thanks
    Honeysucklelou2
    No I confess I'm counting the NSDs through the month. I used to do the NSD challenge on the challenges board and set myself a target of 10 a month which I kept failing at, so I thought I'd count them on here and get better before venturing back to the challenge boards. The most I've done in a row is 3.

    Sadly not a NSD today as milk and bread were needed.
    paydbx #93 692/8,000.
    Loan 17k - paid off in Aug 2017. Home improvement loans 3342 March 2017. 3123 in Jan 18
    • Mumoffourkids
    • By Mumoffourkids 16th Jan 18, 7:40 PM
    • 646 Posts
    • 3,137 Thanks
    Mumoffourkids
    Ahh I see. I needed bread and milk as well today. I sent to need to buy milk every other day!
    Total debt Dec 2017 23090.83
    Ma7 2018 3691.78 84.01% paid
    Emergency fund 150/600
    Total Savings 1328.05
    • Cherryfudge
    • By Cherryfudge 16th Jan 18, 11:08 PM
    • 1,755 Posts
    • 9,615 Thanks
    Cherryfudge
    Three is still pretty good.
    • Storm89
    • By Storm89 17th Jan 18, 9:53 AM
    • 583 Posts
    • 1,324 Thanks
    Storm89
    three in a row is brilliant I used to spend around 100 a week but have cut it down to between 60 and 70 depending on what extras are needed that week. In terms of milk aldi have really good dates on so I buy 3 of the really big ones and it sees us through the week. With bread I buy the aldi 40p bread (3 loaves) I put one loaf in the freezer and then towards the end of the week when the other 2 loaves are gone I get out how many slices we will need the night before to defrost. I've ended up slipping up this week and popping into a sainsburys local because I had gone a day longer between food shops but usually I don't have to pop out.
    We are only 2 adults and 2 children though and no pets so can imagine it gets expensive the more in the house ! I did the shopping on Monday and won't spend anything now until Saturday when it's 3.50 for my daughters dance lesson.
    Sounds like you really enjoyed your walk , it's so nice enjoying the free things in life isn't it. I'm realising how you don't need to spend money to enjoy yourself x
    • Honeysucklelou2
    • By Honeysucklelou2 17th Jan 18, 11:47 AM
    • 883 Posts
    • 3,576 Thanks
    Honeysucklelou2
    I buy the 6 pint cartons of milk too. We go through 1 a day, so I try to get 4 ( as many as I can cram into the fridge) to see us over the weekend and into Yuesday if I can, then pick up extras on Tuesday after work. My children are rebelling against bread! They really don't seem to like sandwiches but will happily eat pitta bread, bagels or wraps so I'm tending to buy Mr T's own bagels and freeze those, then get wraps if they are on offer or yellow sticker.

    The toddler isn't well today so I have an unexpected day with him. Unfortunately lots of washing to accompany the ill-health but glad I can be home with him when he's feeling poorly.
    paydbx #93 692/8,000.
    Loan 17k - paid off in Aug 2017. Home improvement loans 3342 March 2017. 3123 in Jan 18
    • Honeysucklelou2
    • By Honeysucklelou2 17th Jan 18, 11:52 AM
    • 883 Posts
    • 3,576 Thanks
    Honeysucklelou2
    You're right Storm,about the free things in life. Walking and enjoying the changing seasons has always been a joy to me but especially time to enjoy being with my children without any distractions. I'm trying to make the most of time with my little ones because the time goes so fast as I've learnt with my teenagers!
    paydbx #93 692/8,000.
    Loan 17k - paid off in Aug 2017. Home improvement loans 3342 March 2017. 3123 in Jan 18
    • Cherryfudge
    • By Cherryfudge 17th Jan 18, 12:05 PM
    • 1,755 Posts
    • 9,615 Thanks
    Cherryfudge
    I hope the little one is soon better and no one else gets it.

    Using up milk here today: rice pudding smells lovely. I could never fit a 6pt milk in my fridge... working on having more space in there.
    • MeandO
    • By MeandO 17th Jan 18, 12:11 PM
    • 1,443 Posts
    • 6,847 Thanks
    MeandO
    Hope the little person is better soon! x
    Mortgage Feb 2015: 102,000 Mortgage now: 75,900

    2018 OP's: J:129.26 F:287 M:150 A:157.31 M:164.19 J:427.95
    Emergency Fund: 1000/5000
    • Storm89
    • By Storm89 17th Jan 18, 12:49 PM
    • 583 Posts
    • 1,324 Thanks
    Storm89
    oh gosh I bet they do grow so quickly, I'm dreading the day when my eldest won't want snuggles with me anymore - I'm not allowed to kiss him when I drop him off at school anymore haha. There seems to be so many bugs going around lately nobody can seem to shake them, it's horrible for little ones when they're all feeling sorry for themselves
    • Honeysucklelou2
    • By Honeysucklelou2 20th Jan 18, 9:34 AM
    • 883 Posts
    • 3,576 Thanks
    Honeysucklelou2
    I've had an odd few days. Unfortunately the bug that the toddler had on Wednesday has spread to all of us except DS1. Thankfully it seems to be a 24 hour one so hoping we are at the end of it now.

    On Wed evening, DD3 had a video call from DD1 which showed that she was in a hospital bed. She has a health condition that doesn't affect day to day life too much but she has episodes occur which can be quite serious. She had had such an episode which resulted in an ambulance ride to hospital and having to be kept in for monitoring. It was very hard to see her in the bed, on the phone, and not be able to be there for her. On Thursday I went to work and my boss, on hearing about DD1) let me go home, so that I could go to the hospital to be with DD1. An amazing boss!

    It took me a little while to sort out the other children. The younger DDs stayed with my parents and I took DDs2 & 3 with me and the toddler. The ex stayed with DS1&2. We got to where she lives and was glad to be in time for her being discharged. I've been able to bring her home with me to give her chance to recover fully. I'm thankful that I was able to go to her and that she is on the mend.

    On the financial front, I hadn't expected the diseal cost or the cost of a night in the travelodge. I had booked a room online before I travelled as I knew I wouldn't be able to do there and back in a day, especially as I wasn't sure if DD1 would be discharged or not. Unfortunately in my haste to get going, I accidentally booked the room for the following night, so when we got to the travelodge on Thursday evening, they had no record of my booking Thankfully they realised my mistake and were able to get a room ready for us. Unfortunately it meant that the 64 I was expecting to pay from the online booking jumped to 89. The total costs came to about 200 which I had to put on the cc as I had no wriggle room in the budget. I will have to withdraw money from the EF to pay that off. The main thing is that DD1 is recovering and the doctors have changed her medication which will hopefully reduce such episodes happening.
    I'm thankful that she is able to have a week at home with us and that we had a safe journey there and back. Much to be thankful for.
    paydbx #93 692/8,000.
    Loan 17k - paid off in Aug 2017. Home improvement loans 3342 March 2017. 3123 in Jan 18
    • Treadingonplaymobil
    • By Treadingonplaymobil 20th Jan 18, 10:18 AM
    • 1,641 Posts
    • 16,368 Thanks
    Treadingonplaymobil
    Poor DD1 and how scary for you! That!!!8217;s exactly what emergency funds are there for, so don!!!8217;t feel bad about it. It definitely qualified!
    67,031.92 is a frightening number indeed... The debt free diary of one family and their enormous debt
    LBM debt on 12th Feb 2017: 38,608 unsecured debt/20,000 parental loan/173,282 mortgage = 231,890
    debt on 6th June 2018: 13,265 unsecured debt/20,000 parental loan/191,971 mortgage = 225,236
    • Hansard
    • By Hansard 20th Jan 18, 10:30 AM
    • 1 Posts
    • 3 Thanks
    Hansard
    Uni help with costs
    I'm in a lot of debt, my daughter started uni 2 years ago, she gets the student loan, but Also gets help from the uni itself for living expenses, though it's not all that she needs, she has also taken on a job on campus, so has some spare money occasionally. Ask her uni for the forms, my daughter couldn't do it without the extra financial help.
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

2,567Posts Today

7,727Users online

Martin's Twitter
  • RT @LaraLewington: ...and mine suggested I'd achieved a lifelong ambition of being sawn in half by a magician - at our wedding. Wasn't. Don?

  • We are working on it - I think BA has behaved awfully on this. Those flight were no obviously a glitch. It should? https://t.co/8pvtXtUEqi

  • RT @thenicolabryant: Absolutely. We need mental health and financial health as advocated my @MartinSLewis , to be taught in schools. So muc?

  • Follow Martin