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  • FIRST POST
    • jwil
    • By jwil 27th Mar 17, 2:47 PM
    • 9,364Posts
    • 30,298Thanks
    jwil
    Onwards and downwards...
    • #1
    • 27th Mar 17, 2:47 PM
    Onwards and downwards... 27th Mar 17 at 2:47 PM
    Hey everyone

    Iíve decided itís time for a new diary. Iíve been plodding away for years, robbing Peter to pay Paul, desperately trying to keep on top of everything. Iím fed up with doing this, so at the end of last year I started a DMP with Stepchange. Having someone else do all the hard work takes so much pressure off, and I donít need to worry about it so much now. I wish Iíd done it sooner!

    There is also the ongoing saga of clearing the house which has been going on for years. We have cleared most of the stuff we inherited, but still have loads of our own stuff to clear, DH more so than me. Whilst this drives me crazy, it has been invaluable in providing us extra cash while I sell everything that isnít nailed down.

    For anyone new popping in (Hello! ) Do stick around. There is me, DH, little jwil (4) and little miss (1). We also have a dog and a cat. DH is doing temporary work at the moment whilst looking for a FT job. My job is very uncertain at the moment, so just clinging on with great hope! I thought it was ok for the next couple of years, but itís all change again now so who knows!

    I hope old friends and new will pop in now and again to say hello and give me a boot up the bum
    "If you can dream it, you can do it". Walt Disney
Page 53
    • jwil
    • By jwil 13th Apr 18, 5:54 PM
    • 9,364 Posts
    • 30,298 Thanks
    jwil
    All looking good jwil.

    Have a good weekend.
    Originally posted by retiredandskint
    Thank you retired You too x

    Excellent work jwil..youre on fire

    Have a great weekend. Booting again?
    Originally posted by brizzlegirl
    Thanks Brizzle. Probably not, the fields are still too wet for most, and I've got to take the kids to a party on Sunday so won't be able to go to the hardstanding one

    Have a good weekend yourself
    "If you can dream it, you can do it". Walt Disney
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 13th Apr 18, 7:07 PM
    • 6,496 Posts
    • 47,238 Thanks
    HairyHandofDartmoor
    Today's pads:

    £1.87 to Mortgage
    £1.00 to debt savings
    £0.35 to em savings


    Debt savings - £19,320/£18,175 - £1145 paid

    1 parcel posted today.
    Originally posted by jwil
    How do you calculate the amounts for your daily PADs? It's been puzzling me for ages
    Finally Debt Free After 34 Years, But Still Need to Live Frugally
    Debt in July 2017 = £58,766 DEBT FREE 31 OCTOBER 2017
    NEW GOALS - Build Emergency Fund & Loss of Income Fund. Save for house repairs.
    EMERGENCY FUND = £17
    "Tough times never last, but tough people do" - Robert H Schuller
    • lindez
    • By lindez 13th Apr 18, 8:28 PM
    • 409 Posts
    • 1,647 Thanks
    lindez
    Hi jwil, I came across your diary. You have done amazingly well congratulations. I need to take your enthusiasm for de-cluttering and moving forwards with your debts on board. Thank you for sharing your diary.
    • jwil
    • By jwil 14th Apr 18, 8:25 AM
    • 9,364 Posts
    • 30,298 Thanks
    jwil
    How do you calculate the amounts for your daily PADs? It's been puzzling me for ages
    Originally posted by HairyHandofDartmoor
    The mortgage is rounding down the account - interest is added daily, so I check my balance each time I'm doing a PAD and round it down. My interest is currently £6.87 a day, so I round down the £1.87 as I can't afford to do the whole interest amount (I'd love to though!). It obviously varies a bit if I've missed a day or two.

    Then I look at what I've got left available to PAD, generally rounding my bank account down to the nearest £5. I send whole £s over to the debt savings, and then the odd £ and pence to the emergency savings.

    Hi jwil, I came across your diary. You have done amazingly well congratulations. I need to take your enthusiasm for de-cluttering and moving forwards with your debts on board. Thank you for sharing your diary.
    Originally posted by lindez
    Hi lindez, thanks for popping in Do stay around. Do you have a diary?
    "If you can dream it, you can do it". Walt Disney
    • jwil
    • By jwil 14th Apr 18, 8:28 AM
    • 9,364 Posts
    • 30,298 Thanks
    jwil
    Today's pads:

    £1.87 to Mortgage
    £1.00 to debt savings
    £1.16 to em savings


    Debt savings - £19,320/£18,174 - £1146 paid
    "If you can dream it, you can do it". Walt Disney
    • jwil
    • By jwil 14th Apr 18, 8:35 AM
    • 9,364 Posts
    • 30,298 Thanks
    jwil
    Spotted that all the Shetland books are on offer on kindle for 99p today. So I have bought the rest of the series I must have had a kindle credit as I haven't had to pay for all of them so even better
    "If you can dream it, you can do it". Walt Disney
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 14th Apr 18, 9:33 AM
    • 6,496 Posts
    • 47,238 Thanks
    HairyHandofDartmoor
    The mortgage is rounding down the account - interest is added daily, so I check my balance each time I'm doing a PAD and round it down. My interest is currently £6.87 a day, so I round down the £1.87 as I can't afford to do the whole interest amount (I'd love to though!). It obviously varies a bit if I've missed a day or two.

    Then I look at what I've got left available to PAD, generally rounding my bank account down to the nearest £5. I send whole £s over to the debt savings, and then the odd £ and pence to the emergency savings.


    Originally posted by jwil
    Thanks Jwil that's very interesting. I'm tempted to start mortgage PADs myself.
    Finally Debt Free After 34 Years, But Still Need to Live Frugally
    Debt in July 2017 = £58,766 DEBT FREE 31 OCTOBER 2017
    NEW GOALS - Build Emergency Fund & Loss of Income Fund. Save for house repairs.
    EMERGENCY FUND = £17
    "Tough times never last, but tough people do" - Robert H Schuller
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 14th Apr 18, 9:34 AM
    • 6,496 Posts
    • 47,238 Thanks
    HairyHandofDartmoor
    The Shetland books are really good and not paying for them is even better
    Finally Debt Free After 34 Years, But Still Need to Live Frugally
    Debt in July 2017 = £58,766 DEBT FREE 31 OCTOBER 2017
    NEW GOALS - Build Emergency Fund & Loss of Income Fund. Save for house repairs.
    EMERGENCY FUND = £17
    "Tough times never last, but tough people do" - Robert H Schuller
    • redofromstart
    • By redofromstart 14th Apr 18, 10:17 AM
    • 2,064 Posts
    • 12,837 Thanks
    redofromstart
    I do love it when kindle credit covers my purchases.

    Love the logic on the PADs. I like tidying to round numbers so the mortgage goes down once a month to the biggest whole number I can afford, and then whatever I have left rounds up the savings pots to a whole number so its the actual current account that isn't a whole number. I have yet to buy something specifically to round that account but I have been tempted Actually I might start doing the odds and sods to the boys savings as I can't see those
    • jwil
    • By jwil 14th Apr 18, 12:34 PM
    • 9,364 Posts
    • 30,298 Thanks
    jwil
    Thanks Jwil that's very interesting. I'm tempted to start mortgage PADs myself.
    Originally posted by HairyHandofDartmoor
    I'd love to clear the mortgage, so doing it this way just means I don't notice the small amounts. If I manage to do it every day, it's almost £60 a month

    The Shetland books are really good and not paying for them is even better
    Originally posted by HairyHandofDartmoor
    I'm looking forward to reading them, I loved the series.

    I do love it when kindle credit covers my purchases.

    Love the logic on the PADs. I like tidying to round numbers so the mortgage goes down once a month to the biggest whole number I can afford, and then whatever I have left rounds up the savings pots to a whole number so its the actual current account that isn't a whole number. I have yet to buy something specifically to round that account but I have been tempted Actually I might start doing the odds and sods to the boys savings as I can't see those
    Originally posted by redofromstart
    Even better when you didn't realise you had any credit

    I've spent so much time trying to figure out which account should be a whole number I've finally got to a stage where I'm happy with it. I like my current account to be a whole number. I do get tempted to spend to mean I've got something to round down, but I don't Once I do the mortgage overpayment, there's always 'change' to round down anyway.

    I never see the mortgage as a whole number as by the time I log in the next day the interest has been added again, but I know it's going down.
    "If you can dream it, you can do it". Walt Disney
    • jwil
    • By jwil 14th Apr 18, 7:22 PM
    • 9,364 Posts
    • 30,298 Thanks
    jwil
    We've had a nice day today. DH wanted to go in town so I took the kids to a soft play cafe which they love.

    Came home and the sun came out So they've been out in the garden all afternoon, and I've been sitting in the sun with a book

    Still working my way through my Russian history books at the moment, only a few to go now. It's really interesting reading from all the different perspectives and also with the knowledge that they finally found and identified the bones of all members of the Imperial Family.

    If I ever win super big on the Euromillions, like £180 million or something, I'm definitely going to try and buy a Faberge egg
    "If you can dream it, you can do it". Walt Disney
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 14th Apr 18, 7:25 PM
    • 6,496 Posts
    • 47,238 Thanks
    HairyHandofDartmoor
    Imagine the insurance needed on a Faberge egg they are beautiful. Have you ever been to Russia Jwil? (Now is probably not the best time to go )
    Finally Debt Free After 34 Years, But Still Need to Live Frugally
    Debt in July 2017 = £58,766 DEBT FREE 31 OCTOBER 2017
    NEW GOALS - Build Emergency Fund & Loss of Income Fund. Save for house repairs.
    EMERGENCY FUND = £17
    "Tough times never last, but tough people do" - Robert H Schuller
    • jwil
    • By jwil 14th Apr 18, 7:38 PM
    • 9,364 Posts
    • 30,298 Thanks
    jwil
    Imagine the insurance needed on a Faberge egg they are beautiful. Have you ever been to Russia Jwil? (Now is probably not the best time to go )
    Originally posted by HairyHandofDartmoor
    No, I would LOVE to go someday. Probably not in the immediate future . I have thought about learning the language though.

    I've just googled Faberge. They've made a range of Faberge egg lockets and charms. They are stunning! (And stunningly priced - £6k ish for a locket, £3k ish for a charm ). I suggested to DH he might like to buy me one, he didn't seem overly impressed At least I'd only need to win the 'normal' lottery to buy one, no need for the mega win
    "If you can dream it, you can do it". Walt Disney
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 14th Apr 18, 7:53 PM
    • 6,496 Posts
    • 47,238 Thanks
    HairyHandofDartmoor
    That's a bit cheaper than I thought, keep doing the lottery
    Finally Debt Free After 34 Years, But Still Need to Live Frugally
    Debt in July 2017 = £58,766 DEBT FREE 31 OCTOBER 2017
    NEW GOALS - Build Emergency Fund & Loss of Income Fund. Save for house repairs.
    EMERGENCY FUND = £17
    "Tough times never last, but tough people do" - Robert H Schuller
    • jwil
    • By jwil 15th Apr 18, 8:17 AM
    • 9,364 Posts
    • 30,298 Thanks
    jwil
    Today's pads:

    £1.87 to Mortgage
    £2.00 to debt savings
    £0.66 to em savings


    Debt savings - £19,320/£18,172 - £1148 paid
    "If you can dream it, you can do it". Walt Disney
    • jwil
    • By jwil 15th Apr 18, 8:19 AM
    • 9,364 Posts
    • 30,298 Thanks
    jwil
    That's a bit cheaper than I thought, keep doing the lottery
    Originally posted by HairyHandofDartmoor
    Yes, more manageable, but a lot smaller!
    "If you can dream it, you can do it". Walt Disney
    • jwil
    • By jwil 15th Apr 18, 8:20 AM
    • 9,364 Posts
    • 30,298 Thanks
    jwil
    Well it's grey and murky out there, but still dry at the moment, so we're going to have a mooch around the car boot. The kids are off to a party later so not much going to be achieved today.
    "If you can dream it, you can do it". Walt Disney
    • WannabeFree
    • By WannabeFree 15th Apr 18, 10:52 AM
    • 2,032 Posts
    • 18,553 Thanks
    WannabeFree
    Have a lovely day

    Your numbers are all looking great

    x
    ďOnce you hit rock bottom, that's where you perfectly stand; That's your chance of restarting, but restarting the right way.Ē
    • lindez
    • By lindez 16th Apr 18, 9:07 AM
    • 409 Posts
    • 1,647 Thanks
    lindez
    The mortgage is rounding down the account - interest is added daily, so I check my balance each time I'm doing a PAD and round it down. My interest is currently £6.87 a day, so I round down the £1.87 as I can't afford to do the whole interest amount (I'd love to though!). It obviously varies a bit if I've missed a day or two.

    Then I look at what I've got left available to PAD, generally rounding my bank account down to the nearest £5. I send whole £s over to the debt savings, and then the odd £ and pence to the emergency savings.



    Hi lindez, thanks for popping in Do stay around. Do you have a diary?
    Originally posted by jwil
    Hi jwil no I don't have a diary, I have not long joined the forums. I recently semi-retired going from full time to three days per week. Though I have cc debts that I need to get rid of, so your posts have been really helpful. I have never completed a spreadsheet before and I have just this month completed one and I have never realised how much money I spend. (the bank of mum mostly lol) so this has to stop. I am 59 still have a mortgage, cc debts so I need to make a start.
    • jwil
    • By jwil 16th Apr 18, 5:28 PM
    • 9,364 Posts
    • 30,298 Thanks
    jwil
    Have a lovely day

    Your numbers are all looking great


    x
    Originally posted by WannabeFree

    Thank you WF

    Hi jwil no I don't have a diary, I have not long joined the forums. I recently semi-retired going from full time to three days per week. Though I have cc debts that I need to get rid of, so your posts have been really helpful. I have never completed a spreadsheet before and I have just this month completed one and I have never realised how much money I spend. (the bank of mum mostly lol) so this has to stop. I am 59 still have a mortgage, cc debts so I need to make a start.
    Originally posted by lindez
    It's quite scary when it's all put down on paper isn't it! Well done on making a start, and remember that every little bit counts

    Let me know if you do decide to start a diary. I find this very helpful for keeping me focussed and giving me somewhere to moan It's nice too to look back and see how far you've come.
    "If you can dream it, you can do it". Walt Disney
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