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  • FIRST POST
    • charlies tribe
    • By charlies tribe 7th Apr 17, 1:13 PM
    • 776Posts
    • 5,627Thanks
    charlies tribe
    Second time lucky... debt free diary.
    • #1
    • 7th Apr 17, 1:13 PM
    Second time lucky... debt free diary. 7th Apr 17 at 1:13 PM
    Good afternoon all. As title says, this is my second time here. I started a few years ago, debt started to go down. Then DH was made redundant! He refused to sign on and we lived from the credit cards (think he was suffering depression). I have major mental health issues but went back to work almost 2 years ago but we were scraping by while dh tried self employed (something I desperately didn't want him to do).

    In February he started a part time, temp job but has been working full time hours and looks like he could be staying at least for now.

    I've been off work for a month as I have something growing on my ear drum, vertigo is now under control, still waiting for hospital appointment but...

    From Friday we should have 2 full time wages coming in!!

    Cards have been removedso we cant rely on them and ive got my lists ready. I'm dreading posting this but here goes...

    Loan: 414 last payment this month!
    CC1: 830 min payment 25 on 5% for life rate
    CC2: 6987 0% till Jan 18
    CC3: 3185 0% till june 17
    CC4: 9035 0% till july 17 on 830 the rest 0%till sep 17
    CC5: 8816 think it's 0% for 18 months

    Total: 29267

    We have also had a sofa. payments don't start until its delivered. Ours had collapsed and we are currently on beanbags. We have had a nice one to hopefully last. The payments on that are 90 a month 0% for 4 years. so im going to add the 4287 (I think the insurance cost more than 1 chair) to the starting total.

    Total: 33554

    I don't know how long it'll take to be debt free but my aim for now is just seeing it go down not up. Thank you for reading if you've made it all the way to the end.
Page 29
    • Cherryfudge
    • By Cherryfudge 30th Jul 18, 3:34 PM
    • 1,922 Posts
    • 10,442 Thanks
    Cherryfudge
    Sorry to hear these people have caused you such upset. I hope today is better. x
    MFW #30 Paid off 2,481.24/3770 as of 4/8/18
    • charlies tribe
    • By charlies tribe 5th Aug 18, 10:57 AM
    • 776 Posts
    • 5,627 Thanks
    charlies tribe
    Month 16 update looked like this..

    Loan: - 0!
    mbna1: - 0!
    lloyds: - 0!
    mbna2: - 7088
    barclay: - 8097
    tesco: - 6987
    sofa: - 2949

    Total - 25121

    8433/33554 (25.1%) paid

    Looking at YNAB, last months spending was
    760.22 on groceries. This was well over budget but included a 270 shop on 20% off week of things like toiletries and wash powders.
    57 over on fuel but we put fuel in DD new car and topped ours up for a day at the seaside, there is still half a tank so shouldn't be as much this month to fill it.
    35 over on 'fun' money. Too many takeaways!
    Not budgeted for category was way over at 2691! But most of that was DD car. A lot of the rest was spent on amazon prime day and included 2 dashcams, a phone for me and electric razors (in the hope it will save us money on blades in the long run)
    Everything else was about on budget.

    It's been interesting to see where it has all gone.

    The 0% on the Tesco card ends on the 4th Sept and the MBNA the month after so need to start looking at transferring (need to find the cards first!).
    LBM in April 17 - 8433/33554 (25.1%) paid.
    2018 PAID OFF TARGET 2809/5000 (56.18% paid)
    Mortgage@1 June 18 = 1134/76350 Total debt @ 1st June 18=102311 100337
    SPC #591
    • charlies tribe
    • By charlies tribe 8th Aug 18, 6:26 PM
    • 776 Posts
    • 5,627 Thanks
    charlies tribe
    Not too much to update here spending wise as i lost my purse! Found down the side of the bedside table this afternoon.

    After seeing other peoples PPI claims etc i thought i would look in to ours. I've filled some forms in and had a reply from DH cc and the mortgage company saying we had PPI and to fill in a complaint form.

    I also complained about our packaged bank account on Sunday, received a call on Monday to go through the complaint and on Tuesday i've had 1200 transferred to my account!! I guess its from the packaged account complaint but will wait for a letter. I cant believe how quick it was.

    Might treat the children over the holidays as they have only had a day at the seaside so far and the rest to the Credit cards.
    LBM in April 17 - 8433/33554 (25.1%) paid.
    2018 PAID OFF TARGET 2809/5000 (56.18% paid)
    Mortgage@1 June 18 = 1134/76350 Total debt @ 1st June 18=102311 100337
    SPC #591
    • Cherryfudge
    • By Cherryfudge 8th Aug 18, 6:37 PM
    • 1,922 Posts
    • 10,442 Thanks
    Cherryfudge
    I also complained about our packaged bank account on Sunday, received a call on Monday to go through the complaint and on Tuesday i've had 1200 transferred to my account!! I guess its from the packaged account complaint but will wait for a letter. I cant believe how quick it was.
    Originally posted by charlies tribe
    That's amazing!
    MFW #30 Paid off 2,481.24/3770 as of 4/8/18
    • WannabeFree
    • By WannabeFree 8th Aug 18, 9:38 PM
    • 1,759 Posts
    • 15,255 Thanks
    WannabeFree
    Amazing news CT. Did the boiler get sorted? I can't remember.

    Hope you're all okay

    x
    Once you hit rock bottom, that's where you perfectly stand; That's your chance of restarting, but restarting the right way.
    • Mumoffourkids
    • By Mumoffourkids 8th Aug 18, 10:01 PM
    • 653 Posts
    • 3,356 Thanks
    Mumoffourkids
    That's amazing on your refund of packaged bank account fees. I got 75 back when I complained so your amount is just amazing!

    Good idea to treat the kids a little and then put the rest to your credit cards.
    Total debt Dec 2017 23090.83
    Jul 2018 2279.78 90.13% paid
    Emergency fund 218.57/600
    Total Savings 2006.60
    • charlies tribe
    • By charlies tribe 9th Aug 18, 9:29 AM
    • 776 Posts
    • 5,627 Thanks
    charlies tribe
    Thank you for comments. I'm still in a bit of shock. I know on the phone he said that We had the account about 4 years at 15 a month. The payment was made in 2 parts 800+ and 300+ im guessing the first might be the charges back and the second the interest they have to pay back? Hoping a letter arrives today.

    WF- it got sort of sorted. DH replaced a part and it still goes hot and cold (although it's not been noticeable in the heat we have had) but it doesn't turn all the heating on now. Maybe stashing the money for the winter might be an idea in case it decides to go again when under pressure of the winter.

    Today should be family day as it's the only day we have off together but DH has been up most of the night so just gone back to bed for an hour. Working nights is really messing up his sleep.

    Well DD has just appeared asking for breakfast. Better go and feed her.
    LBM in April 17 - 8433/33554 (25.1%) paid.
    2018 PAID OFF TARGET 2809/5000 (56.18% paid)
    Mortgage@1 June 18 = 1134/76350 Total debt @ 1st June 18=102311 100337
    SPC #591
    • efes shareholder
    • By efes shareholder 9th Aug 18, 9:45 AM
    • 219 Posts
    • 397 Thanks
    efes shareholder
    Hi Charlie

    How did you go about the PPI

    I really should do this but have no idea where to start and can't recall all of my account details
    • charlies tribe
    • By charlies tribe 9th Aug 18, 10:24 AM
    • 776 Posts
    • 5,627 Thanks
    charlies tribe
    Hi Charlie

    How did you go about the PPI

    I really should do this but have no idea where to start and can't recall all of my account details
    Originally posted by efes shareholder
    Just logged in to give you a quick reply.
    I was setting up this website on my new phone and on the front page saw the reclaim 1000's tab so thought I'd have a nosy. I didnt even know i could clsim on the packaged account but there was a tool on the page to do it so thought id give it a try.
    While there I checked the PPI page. Most companies now have a form you can fill in asking them to check if you've ever had PPI with them, then when they reply you can fill in the complaint form.
    I just filled it in for our banks and cc's but I know over the years we have had loads on various purchases (tv, old sofa, camera, camcorder....) but have no idea which companies the loans were through. Think I'm going on a huge paperwork hunt over the next few weeks.
    Last edited by charlies tribe; 10-08-2018 at 6:32 PM.
    LBM in April 17 - 8433/33554 (25.1%) paid.
    2018 PAID OFF TARGET 2809/5000 (56.18% paid)
    Mortgage@1 June 18 = 1134/76350 Total debt @ 1st June 18=102311 100337
    SPC #591
    • charlies tribe
    • By charlies tribe 10th Aug 18, 6:27 PM
    • 776 Posts
    • 5,627 Thanks
    charlies tribe
    Evening. Still no post about the money in my account. Did have a letter yesterday for house insurance renewal.

    Got home today to a pile of letters from the bank. Considering i didn't even think we had had PPI, we have 5 letters between us with a total of 13 accounts that have had PPI!!
    I know we have been in debt the whole time we have lived together (17 years) but I never realised just how many loans/credit cards we have had and that's only from 1 bank!

    There is no details for each account, when it was opened, what it was for etc. Just the last 4 numbers of the account. So the form will have to be a basic fill in as i'm not sure about work situations at the time.

    So tonight will consist of form filling and house insurance quotes.

    Yesterday and today have both been NSD.

    I have had cashback go to payable today from the car insurance so now have 80 in there ready for Christmas.
    Last edited by charlies tribe; 10-08-2018 at 6:33 PM.
    LBM in April 17 - 8433/33554 (25.1%) paid.
    2018 PAID OFF TARGET 2809/5000 (56.18% paid)
    Mortgage@1 June 18 = 1134/76350 Total debt @ 1st June 18=102311 100337
    SPC #591
    • charlies tribe
    • By charlies tribe 20th Aug 18, 8:32 AM
    • 776 Posts
    • 5,627 Thanks
    charlies tribe
    Good morning, the joys of now working the early shifts meant i couldn't sleep in past 7.30 this morning.Just put second load in washer and enjoying a cup of tea in peace.

    It has been a quiet week here. We haven't really been out or anything, which i feel a bit guilty about. We did go and look around pet shops the other day as the younger DC would like a rabbit. I had told them they would have to buy the things themselves and then use their pocket money each month to look after it. After working out all the costs, they seem to have gone off the idea as haven't mentioned it for a good few days now. Surprising how having to spend their own money puts them off.

    This months entertainment budget is still full, not a single takeaway (we had 4 last month!). Food budget is on track. Only budget that has gone over this month is pets as i've had to get a bulk order of flea/wormer treatment quickly for all 5. Clothing will probably go over too as still a lot of school clothes to get.

    YNAB updated this morning. It's good to see in writing that if i cleared every savings account/budget, holiday/Christmas etc and threw it all at the debt and started each budget again, we would be down to 16k debt.

    I finally found some energy from somewhere yesterday and cleaned/tidied the bathroom while the DC were in the shower, nothing to sell in there but it looks so much better! Need to choose another room to tackle today.
    LBM in April 17 - 8433/33554 (25.1%) paid.
    2018 PAID OFF TARGET 2809/5000 (56.18% paid)
    Mortgage@1 June 18 = 1134/76350 Total debt @ 1st June 18=102311 100337
    SPC #591
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