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  • FIRST POST
    • Cumbria lass
    • By Cumbria lass 1st Jan 17, 3:04 PM
    • 1,685Posts
    • 10,005Thanks
    Cumbria lass
    New Journey
    • #1
    • 1st Jan 17, 3:04 PM
    New Journey 1st Jan 17 at 3:04 PM
    I have been hanging around the diaries for around a month , decided to subscribe a get rid of the debt once and for all. I had a dmp which ended 3 years ago but owing to a drop in salary have managed to get myself in around 5 k debt again. Once I have Jan statements for credit card will be able to tell true figures.

    I have signed up for swag bucks today and done a couple of surveys. Need to do SOA , but not sure how much to put in categories like household repairs for one .

    Any help filling it in gratefully received.
Page 54
    • beanielou
    • By beanielou 27th Jan 18, 8:33 PM
    • 52,929 Posts
    • 208,316 Thanks
    beanielou
    CC2 looking good
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 2 lbs **

    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    It starts with you, it starts from now. *** It is ok to be me.***
    ***Keep plodding***
    Out of debt, out of danger.
    • EssexHebridean
    • By EssexHebridean 29th Jan 18, 12:00 PM
    • 8,623 Posts
    • 45,406 Thanks
    EssexHebridean
    Good work on CC payments!

    My inlaws live down in South Devon - never made it to Greenway though in spite of it being just a boat ride away when we're down there!!
    MORTGAGE FREE 30/09/2016
    Sainsbugs 0% card: 22/12/16 £1229.00/£853.32 (12/02/18)
    SOA Calculator for DFW newbies: Stoozing.com SOA Calculator
    • enthusiasticsaver
    • By enthusiasticsaver 29th Jan 18, 12:57 PM
    • 6,266 Posts
    • 12,468 Thanks
    enthusiasticsaver
    Coleton Fishacre is my single favourite national trust place. I just love the feel of it. We go there reasonably often. Greenway is lovely too, beautiful grounds.
    Originally posted by Treadingonplaymobil
    The Coleton Fishacre gardens are just beautiful and the views outstanding. I love the feel of the house too, not too big and sometimes someone is playing the piano. It is reasonably near us too so we go when we can.
    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
    • Cumbria lass
    • By Cumbria lass 29th Jan 18, 5:03 PM
    • 1,685 Posts
    • 10,005 Thanks
    Cumbria lass
    I think a trip to the south west is needed so many recommendations for the NT places.

    I haven!!!8217;t made it to work today , I was rather out of it from Saturday late afternoon until this morning. I went out for my surprise an afternoon tea at a lovely hotel. Didn!!!8217;t feel well all the time I was there and ended up in bed with a terrible headache that lasted 36 hours.

    I literally dragged myself shopping yesterday and spent £20.60. Then came home and was in bed all day again. Haven!!!8217;t got dressed today and not even had a wash.

    I literally give up with my health and am desperate to get back to work and normality.

    Have been tempted to book a holiday today , but haven!!!8217;t yet .
    CC1 £3655 April 2018.
    • debtaghh
    • By debtaghh 29th Jan 18, 6:33 PM
    • 1,187 Posts
    • 3,515 Thanks
    debtaghh
    So sorry to still hear you are struggling, hope you start to feel better soon.
    Debt 16th October 2017: Cc £49,987- family £37,561: total debt £87549

    Current debt: Cc £42,775 , Family £ 39,608 total debt £82,383

    Frugal living challenge # 10- £8000 presents/ food/ entertainment/clothes/shoes/haircuts
    • Cumbria lass
    • By Cumbria lass 31st Jan 18, 12:46 PM
    • 1,685 Posts
    • 10,005 Thanks
    Cumbria lass
    New Journey 2
    Here I am with diary No 2 after the first was deleted. I am determined to be debt free by Christmas 2019 and am going to do everything to make this happen. I will then be 57 and plan to spend the 3 years after saving as much as I can so that at 60 when my first pension becomes available I may be able to go part time in my job and take my pension . The money I have saved will go towards rent to help my income. This is the plan and I hope this diary lasts long enough to see me through.
    CC1 £3655 April 2018.
    • Purplemumof2
    • By Purplemumof2 31st Jan 18, 12:48 PM
    • 6,034 Posts
    • 22,068 Thanks
    Purplemumof2
    Happy new diary x
    Official DFW Nerd Club - Member no. 791 - Proud to be dealing with my debts
    MBNA: £6500.00 Cap 1: £417.28 BC: £8224.59 (temporary)
    AFD xxx LTW 15/16
    POAMAYC 2018 #041 PD £3790.84/£7000
    Savings for Christmas £131.00/£365
    20p Savers 2018 £2 Savers 2018 50p Savers 2018 SPC 11 2018 #003
    • Seasidegal58
    • By Seasidegal58 31st Jan 18, 1:02 PM
    • 1,879 Posts
    • 11,454 Thanks
    Seasidegal58
    Hi Cumbria - so pleased that you have started a new diary. Looking forward as well to hearing about your holiday plans!
    Here's to the run-up to retirement!
    SSG x
    Finally Debt Free! - July 2016
    Finished Emergency Fund- £10,000 April 2017

    Next Scrimpy Goal - Ad Hoc Savings - 26/04/2018: £591.90
    MONTHS TO RETIREMENT: 36!
    My diary: “Paid off the £31,0000! BUT- still scrimping!”
    • Cumbria lass
    • By Cumbria lass 31st Jan 18, 1:07 PM
    • 1,685 Posts
    • 10,005 Thanks
    Cumbria lass
    First off I am going back to work tomorrow for a day to get up to date with work ready for Monday . I haven!!!8217;t said but I am still undergoing tests for a problem , which I think will all be ok but still worrying.

    Then the news this week is that I have been invited to a wedding in December in Australia! . I am of course going as it will be a holiday as well. The dates fit in well with other things happening in the family.

    Previously I would have just gone and willy billy booked the flights and not thought how I am going to pay for it. Not this time though , below are the maths .

    I have first paid of CC2 and will close that down when it is cleared . CC1 the balance was a little different than I thought. The balance is £3109.27 .

    What I have done next may not be MSE but it works for me , I had £700 in EF so I have used £220 to pay off CC 2 leaving me with £480.

    I then did a credit card checker and qualified for MBNA card BT 38 months , cash transfer 20 months , which I applied for. I was given a credit limit of £5400 , I have balance transferred £3109.27 at a rate of 1.44% £44.77 and cash transfer £700 at a rate of 4% £28 . The £700 is for the flight . Altogether it comes to £3882.04 . I have based my direct debit payment on 22 months to be debt free by Christmas 2019 so that equals £176.45 . I have been paying £160 on my last SOA so need to cut £16.45 from my budget which will be doable.

    I will still pay my £43.50 per month to my EF and £43.50 for my insurance account , plus £30 for car and £25 for hols which will now be spends for hols , I have about £150 so far. I will still be saving £70 for Xmas.

    Yes I have paid around £73 for the transfers but it works for me at the minute. I will try and do overpayments when I can.

    If everything was to go wrong I would have 38 months to pay for the BT but it isn!!!8217;t my intention to let this happen. I hope this explains it well.
    CC1 £3655 April 2018.
    • Cumbria lass
    • By Cumbria lass 31st Jan 18, 1:13 PM
    • 1,685 Posts
    • 10,005 Thanks
    Cumbria lass
    I need to do a new SOA but need the laptop for that . Just to clarify need no accommodation as that is free , but will contribute to food as I have done before. I last went about 6 years ago , after being ill this winter I will look forward to being in the sun in December .
    CC1 £3655 April 2018.
    • Seasidegal58
    • By Seasidegal58 31st Jan 18, 1:15 PM
    • 1,879 Posts
    • 11,454 Thanks
    Seasidegal58
    Hope all goes well with your test results Cumbria.

    What a lovely, exciting holiday to look forward to! You have worked everything out well sums wise. Your debt isn't enormous and if the chance of a holiday of a lifetime comes up, sometimes I think you have to take it - lovely memories.
    Finally Debt Free! - July 2016
    Finished Emergency Fund- £10,000 April 2017

    Next Scrimpy Goal - Ad Hoc Savings - 26/04/2018: £591.90
    MONTHS TO RETIREMENT: 36!
    My diary: “Paid off the £31,0000! BUT- still scrimping!”
    • Cumbria lass
    • By Cumbria lass 31st Jan 18, 1:18 PM
    • 1,685 Posts
    • 10,005 Thanks
    Cumbria lass
    I agree SSG but I had to make it affordable for me and not to make my debt free date any longer than I originally had in mind. When I first did the snowball last year I think it had may 2020 so Christmas 2019 is slightly better.
    CC1 £3655 April 2018.
    • Storm89
    • By Storm89 31st Jan 18, 1:51 PM
    • 401 Posts
    • 668 Thanks
    Storm89
    Hi ! sounds like such a fantastic opportunity. really glad you decided to do another diary x
    • Cumbria lass
    • By Cumbria lass 31st Jan 18, 3:32 PM
    • 1,685 Posts
    • 10,005 Thanks
    Cumbria lass
    d Information[/b]
    Number of adults in household........... 1
    Number of children in household......... 0
    Number of cars owned.................... 1

    Monthly Income Details

    Monthly income after tax................ 1343
    Partners monthly income after tax....... 0
    Benefits................................ 0
    Other income............................ 94.83
    Total monthly income.................... 1437.83


    Monthly Expense Details

    Mortgage................................ 0
    Secured/HP loan repayments.............. 0
    Rent.................................... 500
    Management charge (leasehold property).. 0
    Council tax............................. 69
    Electricity............................. 22
    Gas..................................... 22
    Oil..................................... 0
    Water rates............................. 24.69
    Telephone (land line)................... 0
    Mobile phone............................ 20
    TV Licence.............................. 12.37
    Satellite/Cable TV...................... 27.69
    Internet Services....................... 0
    Groceries etc. ......................... 120
    Clothing................................ 0
    Petrol/diesel........................... 80
    Road tax................................ 0
    Car Insurance........................... 43.5
    Car maintenance (including MOT)......... 30
    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...................... 6.22
    Life assurance ......................... 0
    Other insurance......................... 0
    Presents (birthday, christmas etc)...... 70
    Haircuts................................ 0
    Entertainment........................... 100
    Holiday................................. 25
    Emergency fund.......................... 43.5
    Union................................... 2.45
    Nat Trust............................... 5.4
    Gym..................................... 41
    Total monthly expenses.................. 1264.82



    Assets

    Cash.................................... 700
    House value (Gross)..................... 0
    Shares and bonds........................ 0
    Car(s).................................. 2500
    Other assets............................ 0
    Total Assets............................ 3200


    No Secured nor Hire Purchase Debts


    Unsecured Debts
    Description....................Debt......Monthly.. .APR
    CC1............................3882.04...176.4.... .0
    Total unsecured debts..........3882.04...176.4.....-



    Monthly Budget Summary

    Total monthly income.................... 1,437.83
    Expenses (including HP & secured debts). 1,264.82
    Available for debt repayments........... 173.01
    Monthly UNsecured debt repayments....... 176.4
    Amount short for making debt repayments. -3.39


    Personal Balance Sheet Summary
    Total assets (things you own)........... 3,200
    Total HP & Secured debt................. -0
    Total Unsecured debt.................... -3,882.04
    Net Assets.............................. -682.04


    [i]Created using the SOA calculator at www.sto
    CC1 £3655 April 2018.
    • NoOneAround
    • By NoOneAround 31st Jan 18, 3:36 PM
    • 1,732 Posts
    • 8,416 Thanks
    NoOneAround
    Glad you started again Cumbria.
    Hope test results are OK.
    What a wonderful holiday to plan and look forward to
    NOA
    x
    Feb2014 Total unsecured debt £72,520>>01/06/16 £68166>01/02/17 £66,600=8.18%PAID
    Mortgage Jan14=209,800 Jan15=£200,300 Jan17£180,700>OCT17 £170,200
    Health/Fitness Challenges Priority#1 Stay Fit and healthy - whatever it takes
    Wombling Free Cash May2016 £51
    • Cumbria lass
    • By Cumbria lass 31st Jan 18, 3:36 PM
    • 1,685 Posts
    • 10,005 Thanks
    Cumbria lass
    My budget is very tight , the gym membership has gone down to £35 so I have about £3 spare.

    Clothes will come out of entertainment. Hair also comes out of that.

    I am seriously thinking of getting rid of Sky television soon as I don!!!8217;t really watch many channels that I am paying for.

    Council tax will be going up so will need to factor that in. I can do it I know I can .
    CC1 £3655 April 2018.
    • Cumbria lass
    • By Cumbria lass 31st Jan 18, 4:25 PM
    • 1,685 Posts
    • 10,005 Thanks
    Cumbria lass
    Spent today doing budget and working everything out. I need to get back into EBay as well. I have a few things to list . I want to try and get a little buffer in a separate account .

    Think I have become obsessed today with finance.
    CC1 £3655 April 2018.
    • redofromstart
    • By redofromstart 31st Jan 18, 6:37 PM
    • 1,616 Posts
    • 9,673 Thanks
    redofromstart
    Good to see you back Cumbria, Australia sounds great

    Have you booked your flights yet?
    • Cumbria lass
    • By Cumbria lass 31st Jan 18, 6:40 PM
    • 1,685 Posts
    • 10,005 Thanks
    Cumbria lass
    I could book them , but just need to check with work tomorrow that it is not a problem being away most of December. Flights are £693 so hope to book tomorrow night .
    CC1 £3655 April 2018.
    • redofromstart
    • By redofromstart 31st Jan 18, 6:52 PM
    • 1,616 Posts
    • 9,673 Thanks
    redofromstart
    Don't forget cashback if there is any! I notice Qantas is 10% on TCB for example.
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