Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • in need of direction
    • By in need of direction 20th Apr 17, 3:59 PM
    • 5,067Posts
    • 29,428Thanks
    in need of direction
    A whole new world, for now
    • #1
    • 20th Apr 17, 3:59 PM
    A whole new world, for now 20th Apr 17 at 3:59 PM
    So, hereís the new thread Iíve been promising myself for a few months. My old one, that served me so well, is http://forums.moneysavingexpert.com/showthread.php?t=4855808

    A potted history of me. Iím 49, live in NI with OH, DD and dog and DS is London based.
    Have been in debt for a lot of my life and came here post personal debt but with the aim to clear my mortgage. I believe DFD to be the right place for me as a lot of whatís outstanding on the mortgage related to consolidation of other debts. The rates were lower and I just didnít consider the payback period.
    Having been a wage slave for some 30 years, I recently jacked in my well paid and secure job for a number of reasons. While I love what I do, I hated the environment in which I did it. I regularly travelled 6 hours a day, on my own time and had to ask others to do likewise. That was the downside about caring for my clients. While I continued, and got others, to deliver at the expense of my home life, my health and my finances, the firm continued to let me. I decided that Iíd sooner have some self respect than stay there. We also had an unexpected and untimely family bereavement last year which sparked the whole ďlifeís too shortĒ train of thought. The downside is this is the first time since I was 17 that I donít have an income and itís a big adjustment.
    To address this, Iíve decided to go the self employed route, for now (hence the title). One problem though is timing. We have booked a holiday in May for OHís big birthday and Iíve decided that is set in stone. We will be travelling half way round the world for two weeks to initially see pandas and then the delights of Tokyo. Weíve only been together just over 10 years so this is really our first landmark birthday to be properly celebrated, we were still bedding in last big date.
    So, work wise, Iíve created my website, taken out a separate mobile contract and opened a business bank account. Iíve also registered with HMRC to keep things tidy.
    Otherwise, since being unemployed, Iíve had a parking ticket refunded, gained a free overnight stay following a complaint to a hotel that disappointed and have signed up for a new loyalty card for my local Co-Op. I also switched to a cheaper mobile service and got my boiler serviced which restored the hot water! First world pleasure that is so easy to overlook. I've donated two bikes to a local charity, done a number of strolls to offload donations to charity shop, claimed topcashback, £20 from PA, £5 swagbucks voucher and am trying to declutter. My last car went with the job so I realised what a paucity of local shops there in despite being only 15 mins by bus from the city centre.
    The lack of car was proving to be an issue for family and other reasons so today we get a PCH car delivered that we have committed to for 4 years. This takes us into the realm of needing to use the mortgage off set savings to fund expenses. It also gives me a minimum level of income to achieve as eating into savings bothers me.
    So, whatís the plan?
    I lodged £2000 in my business bank account at the start of March and most of it is still there. By September, Iíd like to have this repaid to either the savings or the mortgage or to have secured an income stream that will enable that to happen shortly thereafter. Iíd also like a £1k buffer in the business account to make sure that I can take advantage of opportunities as they arise.
    I have applied for a few part time consultancy type posts, been unsuccessful at interview for the first, but will actively seek out these opportunities. Iíve provided associates with my contact details but come June, I will start more actively promoting myself. Iíve sought input from my LA business support services but to little avail so far. Iíve attended a few courses and networking events and will continue with these to keep some kind of a profile and, post holiday, will be creating an event that will hopefully income generate and/or build profile.
    I will continue to seek out vouchers and deals and will try to live cheaply but donít feel I can ask this of the others in the house as giving up the job was down to me. I will also get rid of extraneous items, for cash where possible.
    What I can see is that despite living semi frugally, or so I believed, we wasted A LOT!
    Today my outstanding mortgage is £83,478.58. By 31 Dec, based on just making standard payments, this will be £78,900. My target is for this to be £75,000.
    Today my available off set pot is £3,415.43. By 31 Dec, Iíd like this to be at £5,500.
    The truth is Iíd like the first figure to be a lot lower and the second to be a lot higher but I need to start somewhere.
    We still have our emergency fund intact and hopefully enough in the current account to address our living expenses shortfall at least to the year end. Spends for the holiday are ringfenced with any left overs going on extras for all.
    I have to confess to having what Iíve heard described as an internal Verucca Salt! When I want it, I want it now. I need to learn some restraint both in terms of shopping and also sugar consumption. Itís weird but one thing |I really struggle with is what to have for lunch.
    Anyhow, now that the car is here, Iím off to the dry cleaners and to pick up some groceries as I have a £5 voucher off a £25 shop. I may also buy a new toilet brush!
    Today I am grateful for
    The support I have consistently received from here

    Company from the dog

    E Mail
    Mortgage at 01.01.14 £119,481.83 today £75,268.93, target £65,000 by 31/12/18 Offset fund today £247.27 target £5,500 by 31/12/18
    Emergency fund £0.7/5.5k & £200/200 cash.
    Current weight loss RUBBISH need to refocus
    determined to stop defining myself by my mistakes.
    Progress not perfection.
Page 28
    • Seasidegal58
    • By Seasidegal58 11th Feb 18, 11:41 AM
    • 1,980 Posts
    • 12,242 Thanks
    Seasidegal58
    Dance class with OH sounds fun inod! Lovely to do something like this as a couple.
    Finally Debt Free! - July 2016
    Finished Emergency Fund- £10,000 April 2017

    Next Scrimpy Goal - Ad Hoc Savings - 20/05/2018: £646.59
    MONTHS TO RETIREMENT: 35!
    My diary: ďPaid off the £31,0000! BUT- still scrimping!Ē
    • beanielou
    • By beanielou 11th Feb 18, 3:42 PM
    • 55,015 Posts
    • 219,637 Thanks
    beanielou
    Good weightloss
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 11 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.
    • beanielou
    • By beanielou 11th Feb 18, 3:43 PM
    • 55,015 Posts
    • 219,637 Thanks
    beanielou
    & dance classes do sound fab
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 11 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.
    • doingitanyway
    • By doingitanyway 11th Feb 18, 4:49 PM
    • 3,156 Posts
    • 15,827 Thanks
    doingitanyway
    I love the dance class idea. Go for it
    JANUARY 2016/SECURED DEBT=24,822/March 2018=0 DEBT FREE 23/03/18
    MORTGAGE FREE 25/07/16
    • Cherryfudge
    • By Cherryfudge 11th Feb 18, 8:39 PM
    • 1,755 Posts
    • 9,618 Thanks
    Cherryfudge
    Ooh, a dance class! That sounds like fun and good for you at the same time. How did it go? Well done for steady weight loss
    • in need of direction
    • By in need of direction 13th Feb 18, 10:09 PM
    • 5,067 Posts
    • 29,428 Thanks
    in need of direction
    dance class was a giggle while requiring movement over 2 hours. Monday i delivered training for a new client who has booked me for another half day which is good. today, i was at my problem client and then came home and consumed mounds of pancakes. tomorrow i will be doing approx 400 miles with two meetings and a conference call fitted in. i'll be shattered. yesterday there were two transactions via the business account and another two today. tomorrow i'm hoping to pay tolls via contactless using OH's card and will then check what the cost of use in Euro land will be. I also will need to feed the car tomorrow but have a loyalty !!!8364;5 off voucher which is great.
    today i am grateful for:
    eating from stores
    my cold improving
    correspondence
    Mortgage at 01.01.14 £119,481.83 today £75,268.93, target £65,000 by 31/12/18 Offset fund today £247.27 target £5,500 by 31/12/18
    Emergency fund £0.7/5.5k & £200/200 cash.
    Current weight loss RUBBISH need to refocus
    determined to stop defining myself by my mistakes.
    Progress not perfection.
    • beanielou
    • By beanielou 13th Feb 18, 10:11 PM
    • 55,015 Posts
    • 219,637 Thanks
    beanielou
    400 miles *faints*.
    I wish you well with that.
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 11 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.
    • Seasidegal58
    • By Seasidegal58 13th Feb 18, 10:30 PM
    • 1,980 Posts
    • 12,242 Thanks
    Seasidegal58
    Glad you both enjoyed the dancing!

    Pancakes sounded tasty. I completely forgot about them tonight so now have pancake envy!

    Journey appears full on tomorrow - have a safe one.

    SSG x
    Finally Debt Free! - July 2016
    Finished Emergency Fund- £10,000 April 2017

    Next Scrimpy Goal - Ad Hoc Savings - 20/05/2018: £646.59
    MONTHS TO RETIREMENT: 35!
    My diary: ďPaid off the £31,0000! BUT- still scrimping!Ē
    • Cherryfudge
    • By Cherryfudge 14th Feb 18, 1:05 AM
    • 1,755 Posts
    • 9,618 Thanks
    Cherryfudge
    Makes my little four-hour trek look like a stroll down the street! Safe journey
    • doingitanyway
    • By doingitanyway 14th Feb 18, 8:17 AM
    • 3,156 Posts
    • 15,827 Thanks
    doingitanyway
    Great that you had a giggle whilst dancing and getting fit. Win. Win.
    JANUARY 2016/SECURED DEBT=24,822/March 2018=0 DEBT FREE 23/03/18
    MORTGAGE FREE 25/07/16
    • in need of direction
    • By in need of direction 15th Feb 18, 10:20 PM
    • 5,067 Posts
    • 29,428 Thanks
    in need of direction
    so, got to dublin yesterday to find my first meeting had cancelled. an email had been sent while i was en route. second meeting went ahead and is a prospect while third meeting also went well. 4 hr journey home was straightforward but long. paid 5 tolls using business account card so the transactions are on the up. another 2 are planned tomorrow. i will get that £250! did 4 hours low paying client work today - it all adds up. have lots of admin to catch up on. am just not sure when i will get to it as i have two bids to write and another to prep.
    today i am grateful for
    a subsidised lunch
    a friendly dog
    relationship building
    Mortgage at 01.01.14 £119,481.83 today £75,268.93, target £65,000 by 31/12/18 Offset fund today £247.27 target £5,500 by 31/12/18
    Emergency fund £0.7/5.5k & £200/200 cash.
    Current weight loss RUBBISH need to refocus
    determined to stop defining myself by my mistakes.
    Progress not perfection.
    • beanielou
    • By beanielou 16th Feb 18, 3:03 PM
    • 55,015 Posts
    • 219,637 Thanks
    beanielou
    Sounding ok.
    Take care.
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 11 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.
    • Seasidegal58
    • By Seasidegal58 17th Feb 18, 6:34 PM
    • 1,980 Posts
    • 12,242 Thanks
    Seasidegal58
    Hope you managed to finish the admin! Have a good weekend.
    Finally Debt Free! - July 2016
    Finished Emergency Fund- £10,000 April 2017

    Next Scrimpy Goal - Ad Hoc Savings - 20/05/2018: £646.59
    MONTHS TO RETIREMENT: 35!
    My diary: ďPaid off the £31,0000! BUT- still scrimping!Ē
    • jwil
    • By jwil 18th Feb 18, 9:22 AM
    • 8,621 Posts
    • 26,600 Thanks
    jwil
    Hope you are having a good weekend.

    Ebay listing is very quick to do, but it can take hours to get up the motivation!
    "If you can dream it, you can do it". Walt Disney
    • in need of direction
    • By in need of direction 18th Feb 18, 9:39 AM
    • 5,067 Posts
    • 29,428 Thanks
    in need of direction
    Thanks jwil. I thought that may have been it. OH uses the desktop PC. This is located in the man cave where he goes to play on line games.
    So, yesterday I got my ancient ipad to remain in use for long enough for me to update the password here so easy access has, for now, been reinstated. This is good as I need more regular postings to keep me on track.
    Big project plans are progressing. However, there has been a potential derailment due to external factors and I haven't plucked up the courage to find out how bad the impact is.
    Yesterday I went for a reiki session. I had bought a voucher for this when there was a bonus cash back available and got it booked on Friday for yesterday. It was lovely. I'm not completely sure that I get the whole thing that should happen but it's an hour's relaxation and pampering and you can't really be bad to that. I then nipped to a shop to buy a £10 deal. Turns out it's not available in NI so I left £30 poorer. Got some business admin done and it's looking like the taxman won't be getting any pennies from me this year.
    I also transferred £50 to DS from my personal account. He was in oz on holiday and his Christmas present was money to spend. However, I held back £50 of what I had intended to give him so there would be something in reserve to get him to payday. MackeyDs will be happy!
    Today I need to go into the low paying job for an hour or so. I'd sooner not but it needs done.
    Today I am grateful for
    The builder finishing off the boiler related repairs £60 under budget
    Knowing the offspring are safe and well
    Daylight, even after 5 o'clock.
    Mortgage at 01.01.14 £119,481.83 today £75,268.93, target £65,000 by 31/12/18 Offset fund today £247.27 target £5,500 by 31/12/18
    Emergency fund £0.7/5.5k & £200/200 cash.
    Current weight loss RUBBISH need to refocus
    determined to stop defining myself by my mistakes.
    Progress not perfection.
    • beanielou
    • By beanielou 18th Feb 18, 7:59 PM
    • 55,015 Posts
    • 219,637 Thanks
    beanielou
    Reiki is awesome.
    Glad you enjoyed xx
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 11 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.
    • in need of direction
    • By in need of direction 19th Feb 18, 8:22 AM
    • 5,067 Posts
    • 29,428 Thanks
    in need of direction
    Am rushing but am trying to get back to regular posting. Today will be a full day at the low but prompt paying client. Lots and lots to do there and also need to construct a work to do list as have other stuff to address.
    Yesterday we renewed my website so another payment from the account. Wednesday will be at least another three thanks to necessary tolls. That £250 is in my sights! Anyhow, gotta get a wiggle on. Today I am grateful for
    Getting some stuff done at the weekend
    Stew made yesterday that will also be tonight's dinner
    Instant hot water.
    Mortgage at 01.01.14 £119,481.83 today £75,268.93, target £65,000 by 31/12/18 Offset fund today £247.27 target £5,500 by 31/12/18
    Emergency fund £0.7/5.5k & £200/200 cash.
    Current weight loss RUBBISH need to refocus
    determined to stop defining myself by my mistakes.
    Progress not perfection.
    • jwil
    • By jwil 19th Feb 18, 1:15 PM
    • 8,621 Posts
    • 26,600 Thanks
    jwil
    Glad that the boiler was under budget
    "If you can dream it, you can do it". Walt Disney
    • beanielou
    • By beanielou 19th Feb 18, 5:40 PM
    • 55,015 Posts
    • 219,637 Thanks
    beanielou
    Glad that 250 is nearly yours
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 11 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.
    • in need of direction
    • By in need of direction 20th Feb 18, 8:32 AM
    • 5,067 Posts
    • 29,428 Thanks
    in need of direction
    So, major crisis is ongoing at yesterday's job. That means a meeting to be held today that has to happen but that I don't really have time for as I've other stuff planned in. Spends yesterday were £1 on a subsidised lunch and today will be low spend as dd and I are using a voucher to go for afternoon tea.
    Had a spectacularly disturbed night's sleep yesterday and feel dreadful but, if I were employed, I'd get myself into gear and get on with the job so I need to do the same on the hours scheduled for work today. Yesterday I kept a large hardback notebook alongside my desk and noted down tasks as they occurred to me. I got 2 done last night but need to get cracking on the others. Today I am grateful for
    Secured income even if it is both low and temporary
    My OH who is my in house cheerleader
    The technology that provides so much flexibility
    Mortgage at 01.01.14 £119,481.83 today £75,268.93, target £65,000 by 31/12/18 Offset fund today £247.27 target £5,500 by 31/12/18
    Emergency fund £0.7/5.5k & £200/200 cash.
    Current weight loss RUBBISH need to refocus
    determined to stop defining myself by my mistakes.
    Progress not perfection.
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

3,127Posts Today

7,835Users online

Martin's Twitter
  • RT @LaraLewington: ...and mine suggested I'd achieved a lifelong ambition of being sawn in half by a magician - at our wedding. Wasn't. Don?

  • We are working on it - I think BA has behaved awfully on this. Those flight were no obviously a glitch. It should? https://t.co/8pvtXtUEqi

  • RT @thenicolabryant: Absolutely. We need mental health and financial health as advocated my @MartinSLewis , to be taught in schools. So muc?

  • Follow Martin