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  • FIRST POST
    • Shey
    • By Shey 14th Apr 17, 10:02 PM
    • 7Posts
    • 14Thanks
    Shey
    It's time to face my fears!
    • #1
    • 14th Apr 17, 10:02 PM
    It's time to face my fears! 14th Apr 17 at 10:02 PM
    Hi all,

    I am 23 years old and in approx 7,000 worth of debt. Funny enough I always was so good with money... until I got my first student overdraft and got my first ever credit card.... 3,000 is overdraft, 700 on credit card, 2,600 in parking tickets and 1,000 in rent arrears later and I'm here typing on debt free diaries. As you can see my finances are an absolute mess. What hurts the most is that the parking tickets are approx 20 private land parking tickets that are now being enforced outside of my house and have been smacked on me even though I live on the estate! Me and many neighbours are trying to fight this but I'm unsure whether we will be successful. I'm even thinking of getting a solicitor but if I loose this could only add to my awful debt! And since the beginning of 2017 all i have really done is cry about it and all my other debt! Now I'm looking to get myself in shape and face my fears and tackle this once and for all. I'm still a student studying my masters at the moment so I can't work full time but I'm hoping being on debt free diaries will give me the courage and motivation I'm going to need on this journey and to also realise I'm not the only one! Onwards and upwards!
Page 1
    • Bobarella
    • By Bobarella 14th Apr 17, 10:43 PM
    • 10,464 Posts
    • 69,766 Thanks
    Bobarella
    • #2
    • 14th Apr 17, 10:43 PM
    • #2
    • 14th Apr 17, 10:43 PM
    Well done for posting. You are doing the right thing getting on top of it now.
    " Your vibe attracts your tribe"

    Debt neutral 27/03/17 from 40k in the hole 2012.
    Roadkill 17 56.58 2016-62.28 2015- 84.20)
    RYSAW17 1900 2016 2,535.16 2015 1027.20
    • louby40
    • By louby40 16th Apr 17, 11:33 AM
    • 1,332 Posts
    • 3,633 Thanks
    louby40
    • #3
    • 16th Apr 17, 11:33 AM
    • #3
    • 16th Apr 17, 11:33 AM
    I would fight the car parking charges. Can't you get a solicitor as a group? That would be cheaper.
    Emergency fund 1071/1000. Christmas savings 250/600 Car maintenance 155/600
    Chip savings 163 TOTAL savings = 1731
    Kitchen July 2017 12,493 APRIL 8493
    Barclaycard 673
    Car loan 1908 Mortgage 93392
    TOTAL DEBT (with mortgage) = 104,466 (without mortgage) = 11074
    • Shey
    • By Shey 19th Apr 17, 3:21 PM
    • 7 Posts
    • 14 Thanks
    Shey
    • #4
    • 19th Apr 17, 3:21 PM
    • #4
    • 19th Apr 17, 3:21 PM
    That's what we are currently trying to do! It's very stressful because the harassing letters are driving me insane. I've currently set up a direct Debit of 160 a month to pay it off bit by bit whilst I fight it because if they go to caught I could have a CCJ and that is what I'm trying to avoid at all costs!
    • Shey
    • By Shey 19th Apr 17, 3:28 PM
    • 7 Posts
    • 14 Thanks
    Shey
    • #5
    • 19th Apr 17, 3:28 PM
    • #5
    • 19th Apr 17, 3:28 PM
    Hi all! Quick update. I have set up a payment plan of 160 a month to pay off all the parking tickets. It sucks but this should be out of the way in 20 months time! Looking forward to it! I have also put my car up for sale. My car is only worth 300 it's very old but I can use that 300 to pay off some of my debt. I have decided not to set up an IVA and do this all myself with my own budgeting and plans. I purchase a prepaid card from a company called optimum. The card is a one off payment of 5 and then you can top it up with your own money. This has been great for me because i put a specific amount of money on it each month to live off. I have also signed up to a work agency to get myself some extra cash. It's all very new to me but I feel good that I am finally sorting myself out. This could take me 3 years to pay off but I am determined to stick to my plan!
    • Bobarella
    • By Bobarella 19th Apr 17, 3:49 PM
    • 10,464 Posts
    • 69,766 Thanks
    Bobarella
    • #6
    • 19th Apr 17, 3:49 PM
    • #6
    • 19th Apr 17, 3:49 PM
    You sound very determined. Really hope it works out.
    " Your vibe attracts your tribe"

    Debt neutral 27/03/17 from 40k in the hole 2012.
    Roadkill 17 56.58 2016-62.28 2015- 84.20)
    RYSAW17 1900 2016 2,535.16 2015 1027.20
    • EssexHebridean
    • By EssexHebridean 19th Apr 17, 4:40 PM
    • 8,624 Posts
    • 45,378 Thanks
    EssexHebridean
    • #7
    • 19th Apr 17, 4:40 PM
    • #7
    • 19th Apr 17, 4:40 PM
    I take it you have read Martin's guide on the main site about fighting parking tickets and you've established that they don't fall under the "not valid" banner? Arte the correct signs up to mean that the enforcement people can ticket? Always worth checking the basics first, although I imagine you've done this.

    Well done for having your LBM and looking to deal with things though.
    MORTGAGE FREE 30/09/2016
    Sainsbugs 0% card: 22/12/16 1229.00/853.32 (12/02/18)
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    • Shey
    • By Shey 23rd Apr 17, 2:46 PM
    • 7 Posts
    • 14 Thanks
    Shey
    • #8
    • 23rd Apr 17, 2:46 PM
    • #8
    • 23rd Apr 17, 2:46 PM
    Thanks for your comment! Yes I've read so many articles it made my eyes go blurry. I am going to take this up with my borough because they are making so much money of residents which I think is highly unfair
    • UncannyScot
    • By UncannyScot 23rd Apr 17, 3:28 PM
    • 1,368 Posts
    • 7,583 Thanks
    UncannyScot
    • #9
    • 23rd Apr 17, 3:28 PM
    • #9
    • 23rd Apr 17, 3:28 PM
    You WILL get through it.

    Welcome
    BUGGRITMILLENIUMHANDANDSHRIMP I TOLD EM! - Foul Ole Ron
    It is important that we know where we come from, because if you do not know where you come from, then you do not know where you are, and if you don't know where you are, then you don't know where you are going. If you don't know where you're going, you're probably going wrong.
    R.I.P. T.P.
    • Shey
    • By Shey 13th Apr 18, 11:22 PM
    • 7 Posts
    • 14 Thanks
    Shey
    Hi All! Today is 13/04/2018. Tomorrow will be a year since I posted. I just want to update you all and let you know that I have paid off all 2600 in parking tickets. My credit card is now down to 400 and my overdraft is now down to 1500. I have 300 left to pay of my rent arrears too. I AM SO PROUD OF MYSELF. It has been the biggest struggle but I changed my mindset completely and decreased the amount of money considerably. My stress levels and minimal and I just want to post this to let everyone know that it IS POSSIBLE to get your finances under control.
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