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  • FIRST POST
    • Treadingonplaymobil
    • By Treadingonplaymobil 12th Feb 17, 9:56 AM
    • 1,767Posts
    • 18,219Thanks
    Treadingonplaymobil
    £67,031.92 is a frightening number indeed....
    • #1
    • 12th Feb 17, 9:56 AM
    £67,031.92 is a frightening number indeed.... 12th Feb 17 at 9:56 AM
    £67,031.92. Seriously. £67,031.92. That is a SCARY number. I can't believe our debt has peaked (and it is the peak, I am determined) at this level.

    Our light bulb moment actually happened a few months back, but it's taken since then of wrangling utilities and carefully watching out income/outgoings (using You Need a Budget) to really figure out where we were overspending and how the monthly shortfall of anything from £200-£1,000+ was happening.

    We have literally nothing to show for this debt, it's just crept up over the past 8 years or so, and has always been at manageable levels, but back in October we realised we were spending more on credit cards each month than we were paying off.

    We committed that cardinal sin of taking out a consolidation loan, but alongside it we looked really carefully at our spending over the next couple of months, budgeted realistically for what we spend and have (I think) picked off all the easy 'low hanging fruit' of budget cuts and really identified why we were overspending.

    The main reason for the debt is, erm, me. Not that I'm the biggest spender (neither of us are amazing), but because I am self employed with a hugely variable income and basically worked out our budgets on the basis I would always earn my 'best' month's income. Which was, with hindsight, maybe a TINY bit deluded.

    The aim of this diary is to keep us on track with actually reducing our debt every single month, not doing it in a three steps forward, two (or four) steps back sort of way. Having sat down and put our numbers into the whatsthecost site, it appears that we are looking at 7 years and 1 month of repayments to clear the debt (and that's assuming we can get rid of the shortfall showing below). I REALLY want to reduce this term as that just seems bonkers.

    SOA below, with a couple of explanatory notes.

    Statement of Affairs and Personal Balance Sheet

    Household Information

    Number of adults in household........... 2
    Number of children in household......... 3
    Number of cars owned.................... 1

    Monthly Income Details

    Monthly income after tax................ 250 (variable, but this is the minimum I have earned in any month in the last 5 years)
    Partners monthly income after tax....... 2711.86
    Benefits................................ 192
    Other income............................ 0
    Total monthly income.................... 3153.86


    Monthly Expense Details

    Mortgage................................ 698
    Secured/HP loan repayments.............. 0
    Rent.................................... 0
    Management charge (leasehold property).. 0
    Council tax............................. 174 (including overpayment for a period when we messed up during a house move 18 months ago and didn't restart the direct debit for the new property. Will drop by a little under £50 after either March or April, can't remember which)
    Electricity............................. 52 (gas and electricity are one combined DD, I haven't checked the exact split but the total is £104)
    Gas..................................... 52
    Oil..................................... 0
    Water rates............................. 104 (also including a debt from previous property, but I think this will be included for another 6 months or so. I'm not sure what our actual usage is)
    Telephone (land line)................... 18.5 (includes internet)
    Mobile phone............................ 85 (£45 for my contract, which I use for work as well, £40 for DH)
    TV Licence.............................. 12.12
    Satellite/Cable TV...................... 0
    Internet Services....................... 0 (included in landline cost)
    Groceries etc. ......................... 520 (Includes £40 for one lot of school lunches. I am REALLY struggling to reduce this, but feel I could and should be able to!)
    Clothing................................ 100 (growing children, plus see notes below re clothes)
    Petrol/diesel........................... 225 (90% DH commuting costs)
    Road tax................................ 16.27
    Car Insurance........................... 25.22
    Car maintenance (including MOT)......... 30
    Car parking............................. 0
    Other travel............................ 50
    Childcare/nursery....................... 70 (this will disappear in April as child 3 gets free 15 hours)
    Other child related expenses............ 81.85 (music/swimming lessons x2, cubs and beavers, National Trust membership as they love visiting them)
    Medical (prescriptions, dentist etc).... 5
    Pet insurance/vet bills................. 0
    Buildings insurance..................... 27.07
    Contents insurance...................... 0
    Life assurance ......................... 16.26
    Other insurance......................... 0
    Presents (birthday, christmas etc)...... 90
    Haircuts................................ 20
    Entertainment........................... 135
    Holiday................................. 75
    Emergency fund.......................... 25
    Total monthly expenses.................. 2707.29



    Assets

    Cash.................................... 0
    House value (Gross)..................... 210000
    Shares and bonds........................ 0
    Car(s).................................. 800
    Other assets............................ 0
    Total Assets............................ 210800



    Secured & HP Debts

    Description....................Debt......Monthly.. .APR
    Mortgage...................... 173733...(698)......3.14
    Total secured & HP debts...... 173733....-.........-


    Unsecured Debts
    Description....................Debt......Monthly.. .APR
    Barclaycard....................6880.21...156...... .0
    MBNA...........................9614.71...98....... .0
    Parental loan..................20000.....0.........0 (see notes below)
    Tesco loan.....................21000.....377.......10
    Total unsecured debts..........57494.92..631.......-



    Monthly Budget Summary

    Total monthly income.................... 3,153.86
    Expenses (including HP & secured debts). 2,707.29
    Available for debt repayments........... 446.57
    Monthly UNsecured debt repayments....... 631
    Amount short for making debt repayments. -184.43


    Personal Balance Sheet Summary
    Total assets (things you own)........... 210,800
    Total HP & Secured debt................. -173,733
    Total Unsecured debt.................... -57,494.92
    Net Assets.............................. -20,427.92


    Created using the SOA calculator at stoozing.
    Reproduced on Moneysavingexpert with permission, using other browser.


    Regarding the (relatively) high clothes expense, it is a combination of 3 growing children (8, 6 and 3), plus the fact that my job is in the fashion industry, and as a self employed person I need to have the right sort of 'look' in order to get work (think along the lines of a self employed personal shopper - people need to see you looking good in order to book with you).

    The parental loan was for a house deposit. The parent in question has no idea about our debts. She is not desperate for the money back and isn't charging us interest, but has asked us to save £150-200 every month into a savings account and then once we've saved a decent sum to either repay them or 'reborrow' it for work on the house (basically they want us to be able to make repayments if they suddenly need the extra income, but meanwhile are happy for us to benefit from it. I am not saving the money while our debt payments are so high - we are hoping to have paid enough off that if the parent ever needs it that we can reborrow it and pay them back). This isn't great, but realistically I think the best solutions is to treat it as the lowest priority for snowballing - once we have paid back the other debts we will throw the entire £630+ at this debt.

    So, there is a freaking enormous shortfall every month, which is somewhat depressing. Most months it is covered by the fact that I earn more than my 'bare minimum', but it is those months where it isn't covered that the debt creeps up again, and I am a total disaster for going 'oh well, we've spent on the credit card, we might as well keep going' and buying more clothes or something for the house - this is probably a significant proportion of our debt problem.

    We have managed to get rid of the balance on the one credit card we were spending on, so the remaining ones are both on 0% deals (although one expires in September). I have not cut up the remaining credit card, because we don't have an emergency fund in case of eg boiler repairs, but it has not been used for all of a month, and I hope to keep it that way.

    A DMP or similar isn't really on my horizon right now - I feel like we should be able to make the cuts to make our budgets balance, and I am optimistic that as my income goes up (when I can work more as child 3 starts school) that we will be able to make overpayments.

    My plan for now is:
    1) Try to wiggle those budget numbers around enough that we don't have a shortfall any more.
    2) Make a plan for any months where I make extra - do I use it for an emergency fund, as a fund to cover future months' shortfalls, to throw money at the debt to try to reduce minimum payments in case of future 'shortfall' months?
    3) Try to make more money. Not quite sure how this will work as I am largely limited to working around DH's working hours (I work evenings and weekends and the 5hrs childcare per week we are paying for for child 3).

    Now that's all down in black and white I am feeling a combination of relieved (to be clear on the numbers) and immensely stressed (by the semi-regular £180+ shortfall).

    Onwards and downwards (for the debt, not me)!

    edited to add: the original £67,031.92 figure was based on the total figure for the Tesco loan, which included all interest payable over the entire term of the loan. I have updated the debt figure in my signature and in all posts going forward as at 4th June 2017 to reflect that actual current debt balance rather than the balance plus interest over the lifetime of the loan. This has knocked £7,911.62 off the debt figure, but means that each monthly payment will have the interest for that month deducted from it, so it won't affect the DFD if I don't make overpayments.
    Last edited by Treadingonplaymobil; 04-06-2017 at 2:58 PM.
Page 180
    • Honeysucklelou2
    • By Honeysucklelou2 3rd Aug 18, 8:44 AM
    • 1,245 Posts
    • 5,967 Thanks
    Honeysucklelou2
    I have 3 in one room and each child has an area that they keep their things in e.g. The two teenagers have a bedside table each with drawers for some storage, one has a huge under bed wheeled drawer, one has a box that she knows contains her things etc. I know mine are a little older but one will instigate the tidying when the room reaches a certain state and galvanise the other into action!
    paydbx #93 £929.08/£8,000.
    Loan £17k - paid off in Aug 2017. Home improvement loans £3342 March 2017. £2994 in Aug 18
  • archived user
    I had three in one bedroom and had to utilise the hall for storage. Pine shelves housed books, games, dvds and paints.
    • Treadingonplaymobil
    • By Treadingonplaymobil 3rd Aug 18, 10:09 AM
    • 1,767 Posts
    • 18,219 Thanks
    Treadingonplaymobil
    No hallway space upstairs, but downstairs is used for board games and the utility room and dining room have all the crafty stuff. They don't have clearly defined areas in their room at the moment apart from for clothes - the layout makes it really tricky without buying new storage, which I'm not going to do at this stage. Hopefully we are on the countdown to that problem going away with the extension starting.
    £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 1st Sept 2018: £12,221.27 unsecured debt/£19,940 parental loan/£191,003.72 mortgage = £223,165
    • Treadingonplaymobil
    • By Treadingonplaymobil 4th Aug 18, 7:24 AM
    • 1,767 Posts
    • 18,219 Thanks
    Treadingonplaymobil
    Week 77: Day 6

    No big update today, just wanted to stop by and say that the barclaycard has been paid for this month now and the balance stands at £9,979.41. That's UNDER £10k people. Exciting times here at TOPM HQ.

    To do this week
    1. Finish tidying and sorting the DCs' room (the only room that didn't get fully blitzed over the weekend). Ha ha ha ha ha ha ha ha.
    2. DH phone the first handful of builders on the shortlist. He has managed to get through to one who is coming next week for a chat, and a couple more who want to see drawings.
    3. Clear all the laundry and ironing. This is actually almost done.
    4. Pitch the tent so it can dry out.
    5. DH drop off my Kenwood Chef for its service (I found an authorised service place quite locally - who knew there were still repair places around?!).

    6. Order DCs' school uniform. We are driving past Clarks village on Saturday so will look there for school shoes for those who need them (definitely DC3, not sure about the others) and new wellies for DC2.
    7. DH research new 0% deal for the one expiring in September. We may need to close the MBNA zero balance card if Barclaycard/Virgin (current CC providers) can't help, as I imagine we are unlikely to be accepted for any new cards with an available credit limit of £35k+ across the various cards.
    8. Plan online food shops/rough menu plan for August.
    9. Have a look at ebaying the excess of lego - I reduced the DCs' lego by about 80% and hid it about six months ago and it hasn't even been noticed/mentioned, so I'm going to see if I can eBay it by the kg or something.
    10. Plan how to make September's income during August. This is going to require me to have more than 0.73 second of peace.

    August money goals:
    - £4.86/31 August rounding down pot.
    - £3,228.01/£5,000 2018 debt repayment goal.
    - £510/£932 extension pre-build costs.
    - £48/864 income needed for September .
    £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 1st Sept 2018: £12,221.27 unsecured debt/£19,940 parental loan/£191,003.72 mortgage = £223,165
    • Honeysucklelou2
    • By Honeysucklelou2 4th Aug 18, 8:47 AM
    • 1,245 Posts
    • 5,967 Thanks
    Honeysucklelou2
    Well done TOPM!
    paydbx #93 £929.08/£8,000.
    Loan £17k - paid off in Aug 2017. Home improvement loans £3342 March 2017. £2994 in Aug 18
    • Verbatim
    • By Verbatim 4th Aug 18, 8:56 AM
    • 4,629 Posts
    • 14,001 Thanks
    Verbatim
    That's great. Looks like success to me.
    CCs @0% £24k Dec 05 £19,621.41 Au £13400 S 12600 Oct £11,981 £9481 £7500 Nov £7250 D £7100 Jan 6950 F £5800 Mar£5400 May £4830 June £4660 July £4460 Aug £3200, S £900, £0 18/9/07 DFW Nerd 042
    • Treadingonplaymobil
    • By Treadingonplaymobil 6th Aug 18, 7:37 AM
    • 1,767 Posts
    • 18,219 Thanks
    Treadingonplaymobil
    Week 78: Day 1

    Arghhhhh have overslept totally (by which I mean I woke up at 6:45am instead of 4:15am. Not exactly an oversleep by most standards). I hate doing that. I need to check in here though, so hoping the DCs stay asleep long enough to allow me an update .

    Weekend spends
    We had a really frugal weekend on the family entertainment kitty front, then got totally stuck in stationary traffic on the way home and ended up with a revolting service station dinner instead of eggs/cheese on toast type one at home. Cost £20. Boo. At least we didn't spend any entertainment money all weekend apart from that.

    We did buy shoes for DC3 though - the other two had their feet measured and have had weirdly non-growing feet for about six months, so their school shoes from the start of the year still fit. I feel sure we are going to be punished for this by them growing three sizes in three months soon. DC3 needed school shoes and trainers (OMG school shoes for girls. Why do boys get practical tree-climbing shoes and girls get basically ballet pumps with ankle straps? I will not be returning to Clarks ever again for school shoes, and will be writing a letter to explain why) as well as a pair of weekend shoes, so ended up spending the best part of £70 on shoes just for her. Luckily with the new realistic DCs clothing budget and minimal spend I still have almost £100 left for uniform top ups.

    Work
    Waiting for payment for last month's contract work, so income for September is still looking pathetic. I did make a tiny sale from my smaller business over the weekend, which added a couple of quid, and I did get confirmation of 50% of the well paid work I have booked for this month (the other 50% will come later in the month), which will go a long way towards September's salary when it gets paid at the end of the month.

    We are going to MIL's today, and she is going to look after the DCs for the next three mornings for three hours each day so I can get some work done. It's not a lot, but it should enable me to stay on top of everything that I absolutely need to. Then doing the same at my mum's next week. The other wonderful thing about this is it saves me a fortune in food shopping .

    Extension
    We are keeping fingers tightly crossed about the builder we have coming for a chat this Thursday. He comes enormously well recommended and is able to start next spring. Keeping everything crossed that he (a) is willing and able to quote, and (b) gives a realistic quote. We have a couple of others looking at drawings and DH is phoning more this week, so hopefully we'll be able to get a handful of quotes to compare. This all makes it feel very real!

    To do this week
    1. DH to phone next handful of builders on the shortlist.
    2. Create full list of all the 'extra' jobs that we want done alongside the extension before the first builder visits on Thursday.
    3. Check in with the people servicing my Kenwood Chef whether it's ready/needs open heart surgery.
    4. Order DCs' uniform. I will actually do this one day instead of just moving it onto the next week's list .
    5. DH research new 0% deal for the one expiring in September
    I am going to edit this to add more shortly - need to go and unpack my bullet journal!

    August money goals:
    - £4.86/31 August rounding down pot.
    - £3,228.01/£5,000 2018 debt repayment goal.
    - £510/£932 extension pre-build costs.
    - £51/864 income needed for September .
    £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 1st Sept 2018: £12,221.27 unsecured debt/£19,940 parental loan/£191,003.72 mortgage = £223,165
    • Verbatim
    • By Verbatim 6th Aug 18, 7:49 AM
    • 4,629 Posts
    • 14,001 Thanks
    Verbatim
    Would it not be better to order the uniform later in the holiday in case the dc grow in the 6 weeks off?!
    CCs @0% £24k Dec 05 £19,621.41 Au £13400 S 12600 Oct £11,981 £9481 £7500 Nov £7250 D £7100 Jan 6950 F £5800 Mar£5400 May £4830 June £4660 July £4460 Aug £3200, S £900, £0 18/9/07 DFW Nerd 042
    • Treadingonplaymobil
    • By Treadingonplaymobil 6th Aug 18, 9:26 AM
    • 1,767 Posts
    • 18,219 Thanks
    Treadingonplaymobil
    Would it not be better to order the uniform later in the holiday in case the dc grow in the 6 weeks off?!
    Originally posted by Verbatim
    It's only four weeks now, and I'm worried about not having a chance to exchange anything as we're away from the 13th and not back until the end of the hols. I always buy way too big anyway .

    I'm lucky that I got given a load of summer uniform for DC3 which she will wear in September (and which is easier to get on and off for PE in the early weeks), so only cardigans and socks needed for her for a few weeks, and the older two only need a couple of pairs of trousers and polo shirts apiece. Should be well under £100 for what they all need just now.
    £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 1st Sept 2018: £12,221.27 unsecured debt/£19,940 parental loan/£191,003.72 mortgage = £223,165
    • Treadingonplaymobil
    • By Treadingonplaymobil 6th Aug 18, 9:30 AM
    • 1,767 Posts
    • 18,219 Thanks
    Treadingonplaymobil
    Adding to my list for the week:

    To do this week
    1. DH to phone next handful of builders on the shortlist.
    2. Create full list of all the 'extra' jobs that we want done alongside the extension before the first builder visits on Thursday.
    3. Check in with the people servicing my Kenwood Chef whether it's ready/needs open heart surgery.
    4. Order DCs' uniform. I will actually do this one day instead of just moving it onto the next week's list .
    5. DH research new 0% deal for the one expiring in September.
    6. Invite the other guest to DC1's party so we can book the campsite.
    7. Make a start on tax return.
    8. Menu plan for coming weekend/next week and update shopping delivery.
    9. Get a stock of social media posts ready for when we're away over the rest of the summer.
    10. Get some website content up.
    £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 1st Sept 2018: £12,221.27 unsecured debt/£19,940 parental loan/£191,003.72 mortgage = £223,165
    • WelshKitty85
    • By WelshKitty85 6th Aug 18, 12:27 PM
    • 864 Posts
    • 7,137 Thanks
    WelshKitty85
    Hi TOPM,

    I've just read your diary from start to finish (on maternity leave and distracting myself from the mountain of ironing). I just wanted to pop in and say well done. You're doing so well and it's great to see the positive changes you've made since the start of your diary.
    Enough is enough...
    £29,603 (22/7/18) £22,692.24
    • Honeysucklelou2
    • By Honeysucklelou2 6th Aug 18, 4:19 PM
    • 1,245 Posts
    • 5,967 Thanks
    Honeysucklelou2
    Re school shoes, two of my girls choose from the boys range of shoes. The girls range look flimsy in comparison. As long as the shoes are black, school doesn't mind!
    paydbx #93 £929.08/£8,000.
    Loan £17k - paid off in Aug 2017. Home improvement loans £3342 March 2017. £2994 in Aug 18
    • Treadingonplaymobil
    • By Treadingonplaymobil 8th Aug 18, 5:57 AM
    • 1,767 Posts
    • 18,219 Thanks
    Treadingonplaymobil
    Week 78: Day 3

    Morning! Having a good week away with the DCs at MIL's. Coming here was actually inspired by you lot, when we were discussing trying to up my working hours as much as possible - MIL is looking after the DCs for a few hours in the mornings so I can get on and work, which she managed yesterday and should do again today and tomorrow. It's not a lot (only about four hours a day) but it's more than I would have managed at home. Plus free food and entertainment . It was a heck of a drive to get here (about 4.5 hours) but we managed it without drama.

    Spending this week
    Although we haven't had to pay our own way at MIL's, I've had an enormously expensive week ordering things we need and things that are less of a need.

    So far I've spent on new swimsuit/trunks for all three DCs, who are all busting out of theirs, and wellies for the older two - both have been on the 'to replace' list for a month or more. Anyone who is wondering how to buy either of those things in a low-waste/eco friendly way, I bought swimwear with a high percentage of recycled plastic (Adidas do some, as do Speedo - although not all of them are from either brand - and a brand called Mini Rodini) and almost entirely natural rubber EU made wellies (Aigle). Aigle wellies are more expensive than the supermarket/Next, but are also the only ones I've ever bought where they have survived down the run of DCs without breaking, so I'm hoping this will actually be frugal as well as ethical in the long run.

    More indulgent, I also bought a couple of new books for the older DCs. I know there's the library, but both have books they are really keen to read and the library waiting list for both is huge, so I treated them. I also bought two new beach spades and a bucket as two of our spades snapped recently and they have been making do, but we're camping by the beach for over a week in 10 days, so I wanted them to have decent spades. Plastic free ones were surprisingly tricky to find! Eventually ended up with wooden handle/metal spade bit ones, which were a fiver each. This all came to £33.

    I also bought a 'new' frying pan - I've had an ebay search set up for months for a large cast iron Le Creuset frying pan and a used one came up yesterday so I nabbed it. £40, but we had the money in the house stuff kitty and it would have been more like £150 new. I still feel a bit guilty, as it's early in the month to clean out that pot, but I'm pleased the money was there to get it when it came up.

    Oh, and I had to buy a train ticket for DH, as we are going directly from visiting family (without him) to holiday (with him) in a couple of weeks, and it's madness to drive all the way back down the south west to get him, so that was another £40, even on a cheap advance ticket.

    All of that came to a horrifying total, although I haven't actually gone over any budget pots. The uniform shopping will take me over the DCs clothing budget though. I'm going to wait until we're home on Friday to check through what we've got to ensure I don't buy more than necessary. The change of uniform colour is a pain though, as some stuff needs to be replaced. I'll probably leave it as a negative figure in YNAB and top it up to zero with September's money rather than robbing other savings pots, as they shouldn't need anything new next month (hollow laugh).

    Income this week
    My smaller business has surprised me by continuing to tick over this week, with another couple of little sales. Along with payment for my contract work it's boosted my salary/expenses pot for September. Hoping to keep adding to that next week, as the more I can add before the end of the month, the more of my August contract work income can go towards October rather than September so I'm not in exactly the same position next month.

    Extension
    Looks like we need to find yet another chunk of cash - we need to pay a drainage consultant as we life in a tricky drainage area and the planners require us to ensure certain conditions are met. It's not something we'd allowed for in our pre-build costs, but should be able to cover it with the pre-build costs savings pot without too much drama, assuming it's not thousands. We have £710 in that pot at the moment, and are saving £460 a month towards it.

    Food shopping
    I got a really good discount code for online shopping delivery from Waitrose, of all places (£20 off five consecutive shops, which brings it down to what I'm spending in Lidl/Sainsburys, for much nicer food) and I'm really enjoying the ability to fiddle with the contents of the trolley to keep it within budget. Online shopping isn't something I've ever really considered, and needs to be topped up with a fruit and veg shop (because it all comes in plastic bags when you get it delivered), but I'm really seeing the benefits, because it limits temptation to overspend, is more convenient in terms of not needing to actually go to the supermarket (and I've booked a delivery for Friday morning, so don't need to worry about there being no food in the house when we arrive home late Thursday), and I can wriggle things around to keep within budget. I've got four more Waitrose deliveries with the discount, then I think I'll look more closely as getting a Sainsburys delivery. Of course, I'm being totally spoilt with the nicer frozen fruit/veg and basics in Waitrose, but I shall step back down off my middle class pedestal when the discount runs out .

    So really...
    It's a lot more about money out than money in this week, which is tedious, but hopefully things will come together to prevent it being a disaster.

    To do this week
    1. DH to phone next handful of builders on the shortlist.
    2. Create full list of all the 'extra' jobs that we want done alongside the extension before the first builder visits on Thursday.
    3. Check in with the people servicing my Kenwood Chef whether it's ready/needs open heart surgery. They are looking at it today apparently.
    4. Order DCs' uniform. I will actually do this one day instead of just moving it onto the next week's list .
    5. DH research new 0% deal for the one expiring in September
    6. Invite the other guest to DC1's party so we can book the campsite.
    7. Make a start on tax return.
    8. Menu plan for coming weekend/next week and update shopping delivery.
    9. Get a stock of social media posts ready for when we're away over the rest of the summer.
    10. Get some website content up.

    August money goals:
    - £10.82/31 August rounding down pot.
    - £3,230.98/£5,000 2018 debt repayment goal.
    - £510/£932 extension pre-build costs predicted shortfall.
    - £196/864 income needed for September .
    Last edited by Treadingonplaymobil; 08-08-2018 at 6:16 AM.
    £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 1st Sept 2018: £12,221.27 unsecured debt/£19,940 parental loan/£191,003.72 mortgage = £223,165
    • Sea Shell
    • By Sea Shell 8th Aug 18, 6:45 AM
    • 1,056 Posts
    • 1,689 Thanks
    Sea Shell
    Just a thought (well another of mine!!). . .

    How are you going to visit your relatives IF you do have to go car-less for a while? Are these journeys do-able by public transport (door to door) for a family of 5? Or is this part of your cunning plan...that you won't be able to visit them?!!
    " That pound I saved yesterday, is a pound I don't have to earn tomorrow "
    • Treadingonplaymobil
    • By Treadingonplaymobil 8th Aug 18, 7:31 AM
    • 1,767 Posts
    • 18,219 Thanks
    Treadingonplaymobil
    Just a thought (well another of mine!!). . .

    How are you going to visit your relatives IF you do have to go car-less for a while? Are these journeys do-able by public transport (door to door) for a family of 5? Or is this part of your cunning plan...that you won't be able to visit them?!!
    Originally posted by Sea Shell
    Most of them are doable by public transport, but inevitably we'll do less rushing around visiting everyone, as that would eat up all the car savings. Hopefully we'll have a car again by next summer (assuming we actually get rid of ours), but who knows.
    £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 1st Sept 2018: £12,221.27 unsecured debt/£19,940 parental loan/£191,003.72 mortgage = £223,165
    • Cherryfudge
    • By Cherryfudge 8th Aug 18, 9:20 AM
    • 2,198 Posts
    • 13,000 Thanks
    Cherryfudge
    Le Creuset envy here... I have just been looking at the Buy Me Once website (and read the beginning of Tara Button's book) and I think it's a great decision. It should last a lifetime.


    I've also just ordered a bar shampoo for the first time ever, which I think is thanks to a mention from you! You should be on commission
    MFW #30 Paid off £3,942.07/£3000 as of 3/12/18
    • Sobl00dyblonde
    • By Sobl00dyblonde 8th Aug 18, 2:57 PM
    • 17 Posts
    • 61 Thanks
    Sobl00dyblonde
    With online shopping you might find the supermarkets will take the carrier bags back, I know it's not ideal but at least it's a better alternative than keeping them. I'm pretty sure Ocado do it and I'd be surprised if the other supermarkets aren't catching up too.

    Also if I remember correctly you are quite a ways away from the nearest supermarket so there's some small amount of diesel to consider too. It's far more efficient for a van to make several stops than it is for you to do a large amount of mileage shopping around.

    It's not the same of course but try to remember it's about persistence, not perfection, it's far better for both you and the environment for you to be able to be 70% perfect for 10 years than for you to be 100% perfect and it to totally burn you out in 18 months.
    CC1 £993.34 - £862.14 CC2 £4,409.78 - £4,331.81 OD £850
    Total Paid Off £208.83
    • joeyjimbles
    • By joeyjimbles 8th Aug 18, 3:21 PM
    • 1,701 Posts
    • 9,199 Thanks
    joeyjimbles
    Yay for the Le Creuset pan. Must be something in the air.
    We got le creuset saucepans, frying pan, griddle pan, casseroles and a large buffet pan for wedding gifts 26 years ago and they are all still going strong. I have always wanted a smaller buffet pan - the round flatter casserole - but horrified at how much it would cost to buy a new one. This weekend I finally won an eBay auction for £25 and only had to go two streets to collect it. It looks like it's never been used.
    • PurpleFairy26
    • By PurpleFairy26 8th Aug 18, 4:16 PM
    • 2,456 Posts
    • 16,667 Thanks
    PurpleFairy26
    My fleabay tip for said lovely kitchenware it to mis spell it in your search. I got a lovely dark grey casserole about 10 years ago for about £15 if memory serves me correctly, again never been used. Just misspelt
    • Cherryfudge
    • By Cherryfudge 8th Aug 18, 6:03 PM
    • 2,198 Posts
    • 13,000 Thanks
    Cherryfudge
    My fleabay tip for said lovely kitchenware it to mis spell it in your search. I got a lovely dark grey casserole about 10 years ago for about £15 if memory serves me correctly, again never been used. Just misspelt
    Originally posted by PurpleFairy26
    Good tip. There's a website called fatfingers which will search variations on spelling and typos in online auction listings. Can come in useful.

    There will now be a run on mis-spelled Le Creusets
    MFW #30 Paid off £3,942.07/£3000 as of 3/12/18
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