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    • in need of direction
    • By in need of direction 20th Apr 17, 3:59 PM
    • 5,203Posts
    • 30,443Thanks
    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 £74,121.52, target £65,000 by 31/12/18 Offset fund today £307.27 target £5,500 by 31/12/18
    Emergency fund £860/5.5k & £200/200 cash.
    Weight 8 July 14st 4lb
    determined to stop defining myself by my mistakes.
    Progress not perfection.
Page 35
    • doingitanyway
    • By doingitanyway 12th Apr 18, 8:09 PM
    • 3,245 Posts
    • 17,270 Thanks
    doingitanyway
    Sleep well. sounds like you need it.
    JANUARY 2016/SECURED DEBT=24,822/March 2018=0 DEBT FREE 23/03/18
    MORTGAGE FREE 25/07/16
    • Seasidegal58
    • By Seasidegal58 12th Apr 18, 9:32 PM
    • 2,036 Posts
    • 12,674 Thanks
    Seasidegal58
    Hectic week for you inod. Hope you got some peaceful sleep. Not long now though till you go away. You must be counting the days.
    Finally Debt Free! - July 2016
    Finished Emergency Fund- £10,000 April 2017

    Next Scrimpy Goal - Ad Hoc Savings - 16/07/2018: £776.27
    MONTHS TO RETIREMENT: 34!
    My diary: ďPaid off the £31,0000! BUT- still scrimping!Ē
    • in need of direction
    • By in need of direction 12th Apr 18, 9:55 PM
    • 5,203 Posts
    • 30,443 Thanks
    in need of direction
    today i participated in a panel discussion in front of roughly 180 people. i was terrified, i'm now shattered but i did it. YAY!
    Mortgage at 01.01.14 £119,481.83 today £74,121.52, target £65,000 by 31/12/18 Offset fund today £307.27 target £5,500 by 31/12/18
    Emergency fund £860/5.5k & £200/200 cash.
    Weight 8 July 14st 4lb
    determined to stop defining myself by my mistakes.
    Progress not perfection.
    • beanielou
    • By beanielou 12th Apr 18, 9:59 PM
    • 56,278 Posts
    • 227,709 Thanks
    beanielou
    today i participated in a panel discussion in front of roughly 180 people. i was terrified, i'm now shattered but i did it. YAY!
    Originally posted by in need of direction
    Wow, well done you
    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. MFW 2018. No 144
    • Seasidegal58
    • By Seasidegal58 12th Apr 18, 10:04 PM
    • 2,036 Posts
    • 12,674 Thanks
    Seasidegal58
    Well done you! That's fantastic!. You've more guts than me - I'd have been a gibbering wreck!
    Finally Debt Free! - July 2016
    Finished Emergency Fund- £10,000 April 2017

    Next Scrimpy Goal - Ad Hoc Savings - 16/07/2018: £776.27
    MONTHS TO RETIREMENT: 34!
    My diary: ďPaid off the £31,0000! BUT- still scrimping!Ē
    • jwil
    • By jwil 13th Apr 18, 1:17 PM
    • 8,826 Posts
    • 27,608 Thanks
    jwil
    Well done
    "If you can dream it, you can do it". Walt Disney
    • mfmaybe
    • By mfmaybe 13th Apr 18, 1:30 PM
    • 1,138 Posts
    • 3,687 Thanks
    mfmaybe
    Well done on the panel.

    That's a lot of stuff you have going on. Hope you find some time for you, too.
    BTL Overpayments since 20/4 £30.63

    AFD June 8/15 NSD June 5/11

    Other debts paid since 1/1/14: £17,005
    • Cherryfudge
    • By Cherryfudge 13th Apr 18, 11:58 PM
    • 1,923 Posts
    • 10,443 Thanks
    Cherryfudge
    today i participated in a panel discussion in front of roughly 180 people. i was terrified, i'm now shattered but i did it. YAY!
    Originally posted by in need of direction
    Good work
    MFW #30 Paid off £2,481.24/£3770 as of 4/8/18
    • in need of direction
    • By in need of direction 15th Apr 18, 10:19 AM
    • 5,203 Posts
    • 30,443 Thanks
    in need of direction
    I was a gibbering wreck but it's over and I'm still living. Friday was working in Limerick which then meant a 4 hour drive home. Saturday was a late start and 3 hrs at a client followed by tv catch ups and a takeaway for dinner. Today needs to be Sort out Sunday. Lots and lots to be done work, home and holiday wise. We go ridiculously early on fri morning and it's the first time that I've been out of contact with my business since set up. I'm worried. I've told clients well in advance but I'm not sure that it has registered with them all.
    We got our rates bill last week. It's up by more than 5% and there's only a 3 week window available to benefit from a prompt payment discount. Still, we shall pay it to get the credit card points once the new billing month opens. We shall then cross our fingers and hope we can clear the credit card. It'd be more than 160 per month if we went the monthly payment route and that would be scary in terms of impact on monthly outgoings. I am fed up with belfast having highest rates in ni but those who pay them are charged the same amount as everyone else to use the facilities.

    Our fri holiday will be our longest so far and will span two continents and various weather systems. I'm not sure how to pack. Tomorrow I'm meeting my friend for lunch in town so will collect a dress ordered from HoF, paid for by the returned item gift card, less than half price and ordered via tcb. It all helps. I will also visit primarni and invest in some flat wide fitting pumps that are my go to shoes.
    Anyhow, best get today underway. Hope everyone's having a great bright weekend.
    Mortgage at 01.01.14 £119,481.83 today £74,121.52, target £65,000 by 31/12/18 Offset fund today £307.27 target £5,500 by 31/12/18
    Emergency fund £860/5.5k & £200/200 cash.
    Weight 8 July 14st 4lb
    determined to stop defining myself by my mistakes.
    Progress not perfection.
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 15th Apr 18, 10:25 AM
    • 4,608 Posts
    • 32,549 Thanks
    HairyHandofDartmoor
    Your holiday sounds exciting, I bet you can't wait . Hope you get everything done today.
    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.
    "Tough times never last, but tough people do" - Robert H Schuller
    • gallygirl
    • By gallygirl 15th Apr 18, 9:17 PM
    • 16,619 Posts
    • 109,753 Thanks
    gallygirl
    Our fri holiday will be our longest so far and will span two continents and various weather systems. I'm not sure how to pack.
    Originally posted by in need of direction
    We had that in the States. Instead of Mr GG and I packing separately we had joint cases - one going from warm weather to mid-temps and one from mid-temps to cold. We travelled a fair bit. often with only one night in one place, and went from hot to cold then hot then colder so the cases stayed in the car and I just dipped in to the relevant case in the hotel car park and added some clothes to the overnight and toiletries case. Worked a treat, especially as everything was KM folded .

    Have a great time
    A positive attitude may not solve all your problems, but it will annoy enough people to make it worth the effort
    Mortgage Balance = £0
    "Do what others won't early in life so you can do what others can't later in life"
    • Seasidegal58
    • By Seasidegal58 15th Apr 18, 9:18 PM
    • 2,036 Posts
    • 12,674 Thanks
    Seasidegal58
    You've had a really busy week! Not long now though till hols!

    I find packing a chore too these days A list is the way to go, especially if you're holidaying through different types of weather.
    Finally Debt Free! - July 2016
    Finished Emergency Fund- £10,000 April 2017

    Next Scrimpy Goal - Ad Hoc Savings - 16/07/2018: £776.27
    MONTHS TO RETIREMENT: 34!
    My diary: ďPaid off the £31,0000! BUT- still scrimping!Ē
    • jwil
    • By jwil 16th Apr 18, 4:40 PM
    • 8,826 Posts
    • 27,608 Thanks
    jwil
    Holidays sound fab!

    Gallygirl - that's a great idea, I'd never have thought of that.
    "If you can dream it, you can do it". Walt Disney
    • mfmaybe
    • By mfmaybe 16th Apr 18, 5:48 PM
    • 1,138 Posts
    • 3,687 Thanks
    mfmaybe
    Wow, the holiday sounds amazing. Happy Birthday To You
    BTL Overpayments since 20/4 £30.63

    AFD June 8/15 NSD June 5/11

    Other debts paid since 1/1/14: £17,005
    • beanielou
    • By beanielou 16th Apr 18, 7:05 PM
    • 56,278 Posts
    • 227,709 Thanks
    beanielou
    Happy happy holidays
    Not long to go now 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. MFW 2018. No 144
    • doingitanyway
    • By doingitanyway 16th Apr 18, 7:56 PM
    • 3,245 Posts
    • 17,270 Thanks
    doingitanyway
    The holiday sounds amazing. I will be crossing 2 counties when I go on holiday and I am excited about that. Two continents? I would combust with excitement...

    Enjoy the anticipation as well as the holiday
    JANUARY 2016/SECURED DEBT=24,822/March 2018=0 DEBT FREE 23/03/18
    MORTGAGE FREE 25/07/16
    • milann
    • By milann 18th Apr 18, 3:09 PM
    • 1,839 Posts
    • 8,649 Thanks
    milann
    Happy holidays
    • in need of direction
    • By in need of direction 19th Apr 18, 12:31 PM
    • 5,203 Posts
    • 30,443 Thanks
    in need of direction
    so, i can now bring myself to articulate what i need to offload. apologies in advance for the rant that will follow. Last week, my mobile company issued me with a new sim as part of an upgrade programme. it stopped me sending texts! it also stopped roaming which, given how often i'm in teh south of Ireland, is a bigger issue. 4 hour drives with no phone! after numerous calls, fixes that didn't work, etc. i was told on wed that they could sell me a new phone that would be compatible with the sim or i could leave. they issued me with a pac code that other suppliers have advised will take between 48 and 72 hours to action and that requires you to be in country while this is ongoing. consequently, no phone to come on holiday with me as i fly from dublin at 9.30 Fri morning. i have been lied to consistently by this organisation to the extent that the final person i spoke to is willing to provide me with a deadlock notice to facilitate a report to ofcom. i'm actually thinking of buying 1 share to enable me to raise this at the agm. i am beyond annoyed.
    Tues was a very long day travelling across Ireland when the roaming service that had been confirmed at 10pm mon evening, turned out not to be working. consequently, it was only when i got home that evening, i heard about the attempted burglary interrupted only by dd's presence in the house. this left us minus the bottom panel in our back door. i cannot even think what would have happened had the dog not woken her enabling a call to the police. possessions can be replaced. consequently me and sleep have not been on good terms!
    our lovely neighbourhood builder whose kids grew up with mine, came to the rescue, made the temporary repair and subsequently replace the panel with a reinforced version for a total cost considerably less than our insurance excess.
    i'm so worried about dd and dog staying here while we're on holiday. we did think about cancelling but got a tom of abuse from madam about how ridiculous we were being! also, since then, to say my head has been all over the place falls into the understatement category!
    so much work to get done and can't focus. i was supposed to be with a longstanding client today in Dublin but explained the circs and we cleared things by email and phone.
    some people are so lovely and it's easiest to see when things go wrong.

    this morning i turned on our local news to see the street my mum lives in featured on the news as there was a murder 5 doors from her.
    fingers crossed that's the 3 things as i am frazzled.

    last night, i paid my credit card bill 3 weeks earlier than usual and also paid my annual rates bill. I also paid dd for the next 3 weeks for the work she is doing for me. i just wouldn't feel comfortable processing payments via wifi and it's not like there's any great amount of interest to be lost by paying early. we head at 5 o'clock tomorrow and i haven't started to pack but laundry has been done, dry cleaning collected and a call received to advise travel money is ready for collection.

    today i am grateful for
    knowing some lovely people who are always there when needed
    my family's safety
    being given a job for my return
    a once again relatively secure home
    Mortgage at 01.01.14 £119,481.83 today £74,121.52, target £65,000 by 31/12/18 Offset fund today £307.27 target £5,500 by 31/12/18
    Emergency fund £860/5.5k & £200/200 cash.
    Weight 8 July 14st 4lb
    determined to stop defining myself by my mistakes.
    Progress not perfection.
    • redofromstart
    • By redofromstart 19th Apr 18, 1:04 PM
    • 1,890 Posts
    • 11,622 Thanks
    redofromstart
    So sorry to read about the attempted break in, that's awful.
    • mfmaybe
    • By mfmaybe 19th Apr 18, 1:24 PM
    • 1,138 Posts
    • 3,687 Thanks
    mfmaybe
    Wow! That's a lot of stress going on. Deep breaths. Do you have a "beware of the dog" sign? I've heard that alone can be enough to make opportunistic thieving bar stewards move on elsewhere.

    Have a lovely holiday. The admin stuff will sort itself out, and your family will be fine, as DD has told you in no uncertain terms.
    BTL Overpayments since 20/4 £30.63

    AFD June 8/15 NSD June 5/11

    Other debts paid since 1/1/14: £17,005
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