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  • FIRST POST
    • in need of direction
    • By in need of direction 20th Apr 17, 3:59 PM
    • 5,418Posts
    • 32,275Thanks
    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 £71,743.47, target £65,000 by 05/04/19 Offset fund today £412.27 target £5,500 by 05/04/19
    Emergency fund £1,100/5.5k & £200/200 cash.
    Weight 8 July 14st 4lb
    determined to stop defining myself by my mistakes.
    Progress not perfection.
Page 36
    • beanielou
    • By beanielou 19th Apr 18, 1:40 PM
    • 58,912 Posts
    • 244,536 Thanks
    beanielou
    Blimey. It is all happening in your part of the world.
    I really hope that you can relax and enjoy your holiday. You certainly need it. Xx
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 12 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. ***Be the difference.***
    • milann
    • By milann 19th Apr 18, 9:55 PM
    • 2,054 Posts
    • 10,068 Thanks
    milann
    Just what you don't need before a holibob. Deep breath, relax and enjoy your time away....
    • jwil
    • By jwil 20th Apr 18, 2:19 PM
    • 9,357 Posts
    • 30,276 Thanks
    jwil
    What a week! I hope you manage to relax a bit while you are away.
    "If you can dream it, you can do it". Walt Disney
    • Seasidegal58
    • By Seasidegal58 22nd Apr 18, 2:07 PM
    • 2,365 Posts
    • 14,655 Thanks
    Seasidegal58
    Sorry a bit late to the party but I hope you and OH have a fab time.

    The attempted break in is so distressing but the fact that the dog saw off the scumbags will mean you're not a soft touch and they won't be back.

    Looking forward to hearing about your adventures in due course!
    Finally Debt Free! - July 2016
    Finished Emergency Fund- £10,000 April 2017

    Next Scrimpy Goal - Ad Hoc Savings - 10/11/2018 - £1801.03
    MONTHS TO RETIREMENT: 29
    My diary: ďPaid off the £31,0000! BUT- still scrimping!Ē
    • Fortune Smiles
    • By Fortune Smiles 22nd Apr 18, 6:56 PM
    • 2,925 Posts
    • 24,317 Thanks
    Fortune Smiles
    Oh my word! What a time you've been having. I hope things calm down and you get to enjoy your holiday.

    Sending hugs

    Fortune x
    Mortgage: 8% paid Overpayments: 3908.56 Emergency Fund: 75%

    Read my work here and here (scroll down for text). Free to read but ratings and reviews very much appreciated.
    • beanielou
    • By beanielou 22nd Apr 18, 7:50 PM
    • 58,912 Posts
    • 244,536 Thanks
    beanielou
    Hoping that you are having a fabarooni time.
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 12 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. ***Be the difference.***
    • parsniphead
    • By parsniphead 22nd Apr 18, 8:49 PM
    • 2,547 Posts
    • 16,377 Thanks
    parsniphead
    Goodness, that was a heck of a post INOD. Sorry to hear bout the break in and am glad that your DS is OK. Scary.

    Try to have a good holiday.
    My mini challenge: pay off MBNA by 31/08/18. £502/£502 100% (paid off 30/06/18 - 2 months early )
    Next small debt victim £20/£367 - you're going by 31/08/2018
    Total outstanding consumer debt - £735.68/ £7864.52 9.3%
    • mfmaybe
    • By mfmaybe 13th May 18, 1:01 PM
    • 1,158 Posts
    • 3,770 Thanks
    mfmaybe
    Hope you are having/had a great holiday, INOD? Missing your posts, but holidays are not the time for MSE
    0% card was £1126.91 / Now £1669.11

    AFD June 8/15 NSD June 5/11

    Other debts paid since 1/1/14: £17,005
    • brizzlegirl
    • By brizzlegirl 13th May 18, 3:18 PM
    • 448 Posts
    • 2,988 Thanks
    brizzlegirl
    Hope alls good with you x
    MFW..aiming to pay it off in 2022.. 2018 Savings Rate - Goal 40% [29%May 25%June 15%July 32% Sept & Oct 0% Nov ] 2018 Income Goal £125/£750 December Goals: AFDs 03/25; Decluttering 15/60; LSDs 03/10; NSDs 01/10 Exercise 01/15 12k steps per day pls Aiming to be a true Frugalista!
    • beanielou
    • By beanielou 14th May 18, 8:25 AM
    • 58,912 Posts
    • 244,536 Thanks
    beanielou
    Hope all is well in your world
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 12 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. ***Be the difference.***
    • in need of direction
    • By in need of direction 15th May 18, 9:30 AM
    • 5,418 Posts
    • 32,275 Thanks
    in need of direction
    Well, I'm back from the longest post teen holiday of my life. I've confirmed that I don't like being away for so long. So, while I was away, I was contacted by my credit card company. My card had been scammed and it had to be cancelled. Cue major panic then the use of dh's. This has confirmed what I have believed. I've made money matters too easy for him. He really hasn't a clue as he doesn't need to have. He doesn't even know his statement date or the relevance of this to his spends!

    While we were away,I did some work pretty much every day but some good things are emerging. It's all still a bit short term but bills will be paid for another few months. Yesterday I did some bits and pieces and today I'm at a client's from half ten to four. I may also have a meeting this evening but I'm waiting to hear back. Yesterday I also had my hair cut and coloured so that was £50 spent.
    I also spent a fair part of the day in a tail spin as I couldn't find my money book which has access codes for my banking on line. This was found around ten last night, it had slipped inside an a4 file. I almost wish I hadn't found it. Things will be ridiculously tight until July and then both children have their birthdays. I was so excited at the prospect of giving myself a wage. April and may have already been swallowed up. Sometimes I wonder what I'm working for. I'm 50, working long hours sometimes with lots of travel and can't even afford a pension contribution.

    Also, we have committed to another trip in sept for a family wedding. We have used avios for the flights but there will still be the cost of the present, etc that we really could do without.

    While we were away, we reached a decision about the house. We have a nice, fairly roomy home but it needs constant upkeep which it isn't getting. As a result, it gets me down. It is however the place my children grew up and is very much home to them. DS won't be back living here and dd moves to do her course / placement in England for 2 years in July. We are going down a love it or list it route. We have set ourselves a 1 year deadline. We either get it to be what we want to live in or we give ourselves one more year to get it market ready. That will mean that I will have 3 years of self employment so even if we have to get a mortgage, it should be feasible with dh's steady job record. It should also mean that we owe considerably less. Which reminds me, despite my lack of funds, I did a TT of 1.21 yesterday and updated my sig for both mortgage and savings.

    Today, I will visit my mother and I'm dreading it. She is becoming increasingly detached and difficult. Sometimes I wonder why I bother as I've heard that she complains about how little I call. Apparently, my frequency matches that of the only other non retired sibling. Odd that. The fact that one of the retires visits only marginally more despite having free travel and lots of free time means that she makes a great effort. Right, here ends the pity party. I need to get going and get myself sorted if I'm going to earn some pennies.
    Today I am grateful for
    This place, where I can offload, catch up and be inspired
    My family's safety
    An outline plan
    Mortgage at 01.01.14 £119,481.83 today £71,743.47, target £65,000 by 05/04/19 Offset fund today £412.27 target £5,500 by 05/04/19
    Emergency fund £1,100/5.5k & £200/200 cash.
    Weight 8 July 14st 4lb
    determined to stop defining myself by my mistakes.
    Progress not perfection.
    • Cherryfudge
    • By Cherryfudge 16th May 18, 12:02 AM
    • 2,198 Posts
    • 12,978 Thanks
    Cherryfudge
    Crumbs INOD, it all goes on in your neck of the woods, doesn't it? You really deserve another holiday to get over all that. I hope the visit to your mother is better than you anticipate. {{Hugs}}
    MFW #30 Paid off £3,942.07/£3000 as of 3/12/18
    • beanielou
    • By beanielou 16th May 18, 6:21 AM
    • 58,912 Posts
    • 244,536 Thanks
    beanielou
    Hope visit to your mum isent too dire.
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 12 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. ***Be the difference.***
    • in need of direction
    • By in need of direction 16th May 18, 9:14 AM
    • 5,418 Posts
    • 32,275 Thanks
    in need of direction
    I didn't go. DH had a dental appointment brought forward by half an hour so I picked him up from work and caught up with some calls while he was being seen. I will go today as otherwise it'll loom even larger and become more dread worthy.

    Today I have a client meeting at one, a group meeting at two and lots of admin, scheduling, etc to fit in before that. I am so tired. Also, I need to get dishwasher on and laundry in this morning to get it out on the line this afternoon. Foodwise, things aren't great. Really need to knuckle down and start to eat more healthily. This will mean a reduced reliance on bread! Last night's dinner was bacon and mushroom sarnies. Still, it did make yesterday an NSD.
    Right, need to get a wiggle on and create a list. It's my only chance of getting things done. I may listen to the lovely ken Bruce as I go. Today I am grateful for
    Positive client feedback
    Sunshine and the prospect of line dried clothes
    A cup of tea
    Mortgage at 01.01.14 £119,481.83 today £71,743.47, target £65,000 by 05/04/19 Offset fund today £412.27 target £5,500 by 05/04/19
    Emergency fund £1,100/5.5k & £200/200 cash.
    Weight 8 July 14st 4lb
    determined to stop defining myself by my mistakes.
    Progress not perfection.
    • beanielou
    • By beanielou 16th May 18, 10:31 AM
    • 58,912 Posts
    • 244,536 Thanks
    beanielou
    I love Ken Bruce.
    Have a good day
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 12 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. ***Be the difference.***
    • jwil
    • By jwil 16th May 18, 12:28 PM
    • 9,357 Posts
    • 30,276 Thanks
    jwil
    Nightmare about the cards Hope the visit goes ok today x
    "If you can dream it, you can do it". Walt Disney
    • in need of direction
    • By in need of direction 17th May 18, 7:39 AM
    • 5,418 Posts
    • 32,275 Thanks
    in need of direction
    So, Faffed about yesterday morning, went to a client yesterday afternoon then called in with mother. I really don't know why. She just could not be bothered but I did it. She mentioned that she hadn't heard from my overseas sis so I emailed to check things were ok. She has been calling at weekends but the phone isn't being answered yet my mum is there. She then asked if I call in at least once a week as she thinks my mum is lonely. Easy for her to say when she visits less than once a year. Apparently when she was home last, my mum commented that there were 2 of us who don't call enough. It happens to be the 2 who aren't retired. Amazing! I do feel guilty about not going more often but sometimes it's self preservation. I just can't cope with her constant put downs.

    Anyhow, on other news, my now contracted client paid my first monthly payment yesterday. One down thirty five to go. I need to invoice for the second payment.
    Today I am going to the low but prompt paying client and have a meeting with a potential prospect that I will nip out to see. I need a to do list. I'm not sure where a few things stand and I don't want to lose work but poor scheduling.
    I spoke to an ex colleague who is applying for other jobs. The team I created is reducing with one leaving at the end of June and now he's looking out. I was so right to leave though I have struggled with that.

    Today I am grateful for
    Being able to take charge of a client issue. Now it's mine, I can do something with it.
    Pancakes for breakfast
    2 NSDs in a row
    Mortgage at 01.01.14 £119,481.83 today £71,743.47, target £65,000 by 05/04/19 Offset fund today £412.27 target £5,500 by 05/04/19
    Emergency fund £1,100/5.5k & £200/200 cash.
    Weight 8 July 14st 4lb
    determined to stop defining myself by my mistakes.
    Progress not perfection.
    • beanielou
    • By beanielou 17th May 18, 8:42 AM
    • 58,912 Posts
    • 244,536 Thanks
    beanielou
    Good news on the first monthly payment
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 12 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. ***Be the difference.***
    • in need of direction
    • By in need of direction 18th May 18, 8:21 AM
    • 5,418 Posts
    • 32,275 Thanks
    in need of direction
    Yesterday was spent juggling 2 clients and today will be more of the same with the added complication of them being 30 miles apart. DH has come down with flu! It's not bad enough for him to work from home or call in sick but apparently, he'll need to just take the weekend to get over it. Odd that!

    Yesterday I spent £4.50 in the bakery. This was a sausage roll consumed on way to meeting, baps to go with pork and apple burgers in the fridge, rolls that are everyone's lunch today and a reduced bag of scones one of which was my breakfast. It was so nice.
    Today I have a 4.15 meeting at a new client which is close to a really good butcher / farm shop so money will be spent. Their stuff is excellent and since the cost of getting there will be covered by expenses, it makes sense to call in.
    This weekend, I want to take stock, list all my clients, where each one stands and what needs done. I'm fed up fire fighting!

    Today I am grateful for
    Engagement from client staff
    New vouchers from sainsbugs
    Being able to keep chipping away
    Mortgage at 01.01.14 £119,481.83 today £71,743.47, target £65,000 by 05/04/19 Offset fund today £412.27 target £5,500 by 05/04/19
    Emergency fund £1,100/5.5k & £200/200 cash.
    Weight 8 July 14st 4lb
    determined to stop defining myself by my mistakes.
    Progress not perfection.
    • beanielou
    • By beanielou 18th May 18, 8:58 AM
    • 58,912 Posts
    • 244,536 Thanks
    beanielou
    at your OH. Sorry!
    Enjoy your day.
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 12 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. ***Be the difference.***
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