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  • FIRST POST
    • in need of direction
    • By in need of direction 20th Apr 17, 3:59 PM
    • 5,000Posts
    • 28,791Thanks
    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 £75,897.72, target £65,000 by 31/12/18 Offset fund today £227.27 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 31
    • jwil
    • By jwil 2nd Mar 18, 1:56 PM
    • 8,515 Posts
    • 26,050 Thanks
    jwil
    Good news on DDs job xx
    "If you can dream it, you can do it". Walt Disney
    • in need of direction
    • By in need of direction 2nd Mar 18, 10:17 PM
    • 5,000 Posts
    • 28,791 Thanks
    in need of direction
    it is and it's also a relief. seemed to have spent the day running about and getting nothing done. went to m&s and got a lot of whoopsied items spent for, in the main, by sb vouchers. for my first time ever, i got 50sb from a search. i'm now 1 sb from another m&s voucher. visited my mother to drop in supplies. she's not in good form but i'm not sure what anyone can do about that.
    today i am grateful for
    the ability to get about despite the weather
    a call from a former colleague
    identifying opportunities for a client
    Mortgage at 01.01.14 £119,481.83 today £75,897.72, target £65,000 by 31/12/18 Offset fund today £227.27 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.
    • Cherryfudge
    • By Cherryfudge 3rd Mar 18, 11:28 AM
    • 1,703 Posts
    • 9,178 Thanks
    Cherryfudge
    Loads of progress in the INOD household since I last visited!

    I hope your Mum is okay, it's a worry for you. Roll on spring, it feels as though everything will be better then!
    MFW #30 Paid off £1,622.77/£3770 as of 4/5/18
    • in need of direction
    • By in need of direction 5th Mar 18, 8:25 AM
    • 5,000 Posts
    • 28,791 Thanks
    in need of direction
    So, did a practice run with a 14 in cake. Worked pretty well apart from slicing through it. Need to come up with a better way to cut through it. I have had a problem with back pain intermittently. It has flared up big time and I need to drive to dublin and back today. I researched public transport but it would have meant leaving home more than an hour earlier and probably getting home an hour and a half later plus managing various connections. OH has kindly made lunch and packed me a tuck bag so I only need to exit car to one place.
    Today I am grateful for
    Positive feedback
    Ibuprofen gel
    My comfy bed
    Mortgage at 01.01.14 £119,481.83 today £75,897.72, target £65,000 by 31/12/18 Offset fund today £227.27 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.
    • Cherryfudge
    • By Cherryfudge 5th Mar 18, 12:38 PM
    • 1,703 Posts
    • 9,178 Thanks
    Cherryfudge
    Would cheese wire do the cake cutting for you?

    Hope the back improves.
    MFW #30 Paid off £1,622.77/£3770 as of 4/5/18
    • beanielou
    • By beanielou 5th Mar 18, 1:26 PM
    • 54,034 Posts
    • 214,120 Thanks
    beanielou
    Hope your back improves really soon.
    Take care 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 6th Mar 18, 7:55 AM
    • 5,000 Posts
    • 28,791 Thanks
    in need of direction
    Yesterday was mainly spent sitting down which appeared to help thanks. I'm still not fully functioning but am hopefully getting better. A mystery £132 has appeared in my personal bank account. I've no idea from where. This bothers me. I won't have time to call bank today as I've work today followed by a training session this evening and I had tickets to a comedy gig that I now won't be able to attend. It's my own fault as I got dates wrong. Tomorrow I am doing a breakfast briefing so will hopefully squeeze in a nap during the day as I'm already shattered.
    Yesterday marked a year since I was no longer in employment. It was also the day when I secured my first 3 year contract. It's only a day a month but covers my insurance, professional subs, etc and really takes the pressure off.
    Gotta run, am so tired and have a heavy day.

    Today I am grateful for
    A contract!
    My mostly patient OH
    Support when it's needed
    Mortgage at 01.01.14 £119,481.83 today £75,897.72, target £65,000 by 31/12/18 Offset fund today £227.27 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.
    • doingitanyway
    • By doingitanyway 6th Mar 18, 9:43 AM
    • 3,033 Posts
    • 15,025 Thanks
    doingitanyway
    You have survived a year out on your own and there have been ups and downs but you are still here securing contracts and pushing forward. Well done
    JANUARY 2016/SECURED DEBT=24,822/March 2018=0 DEBT FREE 23/03/18
    MORTGAGE FREE 25/07/16
    • beanielou
    • By beanielou 6th Mar 18, 10:18 AM
    • 54,034 Posts
    • 214,120 Thanks
    beanielou
    A year~~wow.
    Hope the money is yours
    Does anyone want my bank account number
    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.
    • Cherryfudge
    • By Cherryfudge 6th Mar 18, 1:44 PM
    • 1,703 Posts
    • 9,178 Thanks
    Cherryfudge
    Happy Anniversary! Glad your back is improving a bit, shame about missing the gig. As to the mystery money...? Let's hope it's yours to do as you wish!
    MFW #30 Paid off £1,622.77/£3770 as of 4/5/18
    • in need of direction
    • By in need of direction 8th Mar 18, 8:13 AM
    • 5,000 Posts
    • 28,791 Thanks
    in need of direction
    So I contacted the bank and found out from where the money originated. I contacted the company who were of limited use but say that it's mine as a refund. I'm not convinced but have tried. While speaking to the bank I also queried why my cheque withdrawn from the building society hadn't cleared. Apparently this was delayed due to adverse weather conditions. Really? When it was paid into one of their branches. Also, had to deal with an incredibly patronising staff member who basically suggested that I couldn't count the number of days to clear a cheque and that there was no delay. The real reason only emerged after I spoke to her supervisor. Their complaints team were supposed to call me yesterday and still I wait.

    On tues evening, my client rescheduled and took my presentation first so I got to see most of the wonderful Mark Thomas show. Wednesday morning's gig got underway well with a very kind stranger donating a pound to me when I needed to feed a parking meter. I had asked for change of a fiver but he insisted that I take a pound. How lovely was that?

    I then managed to dislodge a large filling in my one from front tooth which sent me into a tailspin. I was however lucky enough to get an emergency appointment and a repair and it only cost £18 which was also a relief.
    I called in with mother yesterday, spent an hour and escaped relatively unscathed. However, meeting with the venue people who have previously let me down was postponed to today with little notice. Not good. I'm concerned that if they are this unreliable, can we actually trust them to deliver on the day.
    Today I am both playing paperwork catch up then heading to a client. I also need to revisit a post office as apparently their system that processes lodgements to business accounts wasn't working yesterday. I instead bought a scratch card while there and won £20. This will reimburse me the initial £3 outlay, give dd and me £5 each and create a scratch card pot as we do like to share a scratch card once a fortnight or so.
    On money news, I need to update my sig to reflect a mortgage payment and a depletion of the emergency fund. The mortgage is close to breaking another thousand and I'm so tempted to make an op but this is the month when interest gets added which would bring it over the thousand mark. To transfer that amount may put pressure on what will be an incredibly costly 2 months.

    Today I am grateful for
    The kindness of strangers
    A win
    Finding an amazing pie in a local bakery - pastry shell filled with mince and beans with a potato lid!
    Mortgage at 01.01.14 £119,481.83 today £75,897.72, target £65,000 by 31/12/18 Offset fund today £227.27 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 8th Mar 18, 11:39 AM
    • 54,034 Posts
    • 214,120 Thanks
    beanielou
    Bleeping banks.
    Sometimes they are just the pits

    Maybe well be time to look at another venue.
    As you say they dont inspire confidence.
    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 8th Mar 18, 11:42 AM
    • 54,034 Posts
    • 214,120 Thanks
    beanielou
    Oh & get your signature updated
    I would pay the extra & get down into the next 1000.
    But thats just me!
    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 8th Mar 18, 10:15 PM
    • 5,000 Posts
    • 28,791 Thanks
    in need of direction
    Me too but then it'll jump up at the end of the month.
    Mortgage at 01.01.14 £119,481.83 today £75,897.72, target £65,000 by 31/12/18 Offset fund today £227.27 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 9th Mar 18, 2:47 PM
    • 8,515 Posts
    • 26,050 Thanks
    jwil
    How frustrating about the cheque!

    Well done on the scratchcard win
    "If you can dream it, you can do it". Walt Disney
    • mfmaybe
    • By mfmaybe 9th Mar 18, 3:40 PM
    • 1,106 Posts
    • 3,532 Thanks
    mfmaybe
    Me too but then it'll jump up at the end of the month.
    Originally posted by in need of direction
    Well yes, but daily interest calcs mean it will jump up by a lesser amount.

    Depends if you feel comfortable committing the cash, really. It sounds like maybe not. Either would be a decision based on sound financial planning.
    BTL Overpayments since 20/4 £5.90

    AFD May 12/15 NSD May 10/10

    Other debts paid since 1/1/14: £17,005
    • Seasidegal58
    • By Seasidegal58 10th Mar 18, 10:26 AM
    • 1,921 Posts
    • 11,791 Thanks
    Seasidegal58
    Win win on the bank refund! Though disappointing over the cheque business. The recent adverse weather seems to have become the default excuse for bad customer service.

    Glad you got to see most of the show and your dental bill was pretty good too!

    Belated anniversary wishes on your first year of self-employment and enjoy your 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
    • in need of direction
    • By in need of direction 11th Mar 18, 11:58 AM
    • 5,000 Posts
    • 28,791 Thanks
    in need of direction
    Today I was presented with breakfast from dd, chocs, books and the daffodils that are my favourite flowers. She also got me a card that includes the mucky paw print put there by the dog. DS surprisingly managed to get both a card and a present delivered. This level of organisation is generally beyond him!

    Today mr wii advised that although my weight continues on its upward trend, I escaped without an additional pound being recorded. This is not good.
    Yesterday I was doing some money bits and pieces and made an £8 TT to the mortgage. I decided that TT would give me the middle ground between clearing down to another thousand and doing nothing. Thanks for the input on this.
    The meeting on Thursday was not good from turning up late to moving the goal posts. I'm in a quandary though as I don't have much choice but to press on. I'm thinking of going to the owner. The problem with that is that I will then still have to deal with the person concerned as she is the only one holding that position.
    On other news, I'm overwhelmed work wise and have a meeting at 11 this evening. All I want to do is to read my new books! I also need to establish a plan that takes me up to my birthday plotting all that needs done. I will also need to visit my mother which I'm dreading. Who knows, it might be one of those rare occasions when she worries me by being nice about things! Anyhow, today I am grateful for
    A great game of rugby yesterday where both teams played well and demonstrated sportsmanship
    Gifts and good wishes from the offspring
    Increased financial stability from a year ago
    Mortgage at 01.01.14 £119,481.83 today £75,897.72, target £65,000 by 31/12/18 Offset fund today £227.27 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 11th Mar 18, 3:50 PM
    • 54,034 Posts
    • 214,120 Thanks
    beanielou
    Did I read that correctly?
    A meeting at 11 tonight?
    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 Mar 18, 3:51 PM
    • 54,034 Posts
    • 214,120 Thanks
    beanielou
    Your DS's is way more organised than mine
    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.
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