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  • FIRST POST
    • Nicnak
    • By Nicnak 10th Sep 17, 8:30 PM
    • 923Posts
    • 5,165Thanks
    Nicnak
    Debt Free Year
    • #1
    • 10th Sep 17, 8:30 PM
    Debt Free Year 10th Sep 17 at 8:30 PM
    Hi,

    I've pretty much buried my head in the sand over the past 15 years about debt and what it means. I've always seen it as 'normal' to have debt for things, and never thought twice about it. Recently though, I have wanted to think about cutting down my work hours, and I just can't. I can't be the mum I want to be to my 4 year old because I need to work to make sure I can pay the bills and debts. That is when it hit home, that I can't continue like this. I am having a wedding reception in December, which I know is going to take up most of my 'spare' cash, but from January 2018, I will make a difference to my debts.

    Currently have
    £485 0% credit card. It was £2000 in July, So I have been ensuring that I am working on it.
    £7500 Tesco loan at 3.2% - Paying £220 a month and due up in Three years
    £17,450 car loan. Car is in negative equity and I'm stuck in the PCP. The car also is over mileage and has damage. I am 10 months away from handing it back, but with excess mileage and damage, I am thinking this might not be the best idea. Currently paying £351 a month for this luxury that I am thinking I don't need. (I shouldn't have got it, but I did, I can't change what I have stupidly done, and now need to work on the best options).
    I spend money every month on things I don't need, and really need somewhere to record and focus on what it is I am doing, and the inspiration to keep going when I see progress is being made.

    I've started a written diary as well to try to help. If I pay off these debts, then I know that I will be £500 better off. In April, my phone is due up for renewal, and I have already looked at the SIM only deals which will take it to the £500 a month mark.

    i am going to try to earn some extra per month to pay off the debts, which in the short term might reduce the time I have with my daughter.

    Here goes...

    I really need to do this now.
Page 30
    • Nicnak
    • By Nicnak 1st Jan 18, 9:28 PM
    • 923 Posts
    • 5,165 Thanks
    Nicnak
    That!!!8217;s nice. I quite enjoy staying in now x
    September 6th 2017 - Updated 13th May 2018
    Credit Card £0 now: £0 Tesco Loan £7500 = £0 Consolidation £15,000 = £13,855 Total = £25,330 £13,855 43% gone EMF #252 = £700/£1000
    Sealed pot challenge #589
    Pay off all your debts by Christmas #71
    • Nicnak
    • By Nicnak 2nd Jan 18, 4:38 PM
    • 923 Posts
    • 5,165 Thanks
    Nicnak
    Good and bad day today. I know that's hard when you're money saving, but it deffo had good and bad bits.

    Good bits
    Wedding dress got a bid for £200 today. It should have cost £75 to dry clean it, but the man put it through as a bridesmaid dress at £30 rather than wedding dress. £45 saved on that one.
    Needed a costume and saw some on the half price rack. I picked it up and it didn't have a reduced sticker on (nothing new really, but thought I would see at the till. There were a lot on the half price rack so I was confident it would be cheaper. Turns out it was the full £12 that it was advertised at. Normally I would walk away with it, but I didn't. i returned it immediately for a £12 refund.

    Bad bits.
    I was in Tesco and needed bits for little ones lunch box tomorrow. I went in and ended up spending £44 and that doesn't include the dry cleaning. I got a snow boarding jacket reduced from £50 to £25. I did snowboard and we have been talking about returning to it so something I could use. I was looking at the jacket for £50 as that was a great price too. I did return £12 so now my spending is at £32 for the shop.

    I needed fuel so put £10 in the car for fuel. My car insurance bill came out that was £28 so account has around £50 to last me 13 days. That needs to also pay for shopping. It isn't looking good to stay out of my overdraft so these eBay items better be sold, and paid straight away!

    I did list three other items on eBay today that could fetch around £50. Here's hoping!
    September 6th 2017 - Updated 13th May 2018
    Credit Card £0 now: £0 Tesco Loan £7500 = £0 Consolidation £15,000 = £13,855 Total = £25,330 £13,855 43% gone EMF #252 = £700/£1000
    Sealed pot challenge #589
    Pay off all your debts by Christmas #71
    • Nicnak
    • By Nicnak 3rd Jan 18, 12:47 PM
    • 923 Posts
    • 5,165 Thanks
    Nicnak
    Much better day.
    Up to now it is a NSD, and I don't plan on going out to spend anything.

    AFD last night and today as well.

    Just opened a bank account with £150 to switch. That's some money so far for the dental treatment fund...

    That, and the £170 for the wedding dress equals the £300 I need. £320 if you add it up, but I bought the coat for £25.

    Still need to keep selling and saving so that I can tackle the debt. The £300 could have gone on debt rather than a tooth.
    September 6th 2017 - Updated 13th May 2018
    Credit Card £0 now: £0 Tesco Loan £7500 = £0 Consolidation £15,000 = £13,855 Total = £25,330 £13,855 43% gone EMF #252 = £700/£1000
    Sealed pot challenge #589
    Pay off all your debts by Christmas #71
    • Nicnak
    • By Nicnak 3rd Jan 18, 1:04 PM
    • 923 Posts
    • 5,165 Thanks
    Nicnak
    Oh, signature updated too!
    September 6th 2017 - Updated 13th May 2018
    Credit Card £0 now: £0 Tesco Loan £7500 = £0 Consolidation £15,000 = £13,855 Total = £25,330 £13,855 43% gone EMF #252 = £700/£1000
    Sealed pot challenge #589
    Pay off all your debts by Christmas #71
    • DebtFreeDuo
    • By DebtFreeDuo 3rd Jan 18, 2:44 PM
    • 814 Posts
    • 4,184 Thanks
    DebtFreeDuo
    Didn't take you long to cover the dental cost, look how quickly you managed to find that £300, keep this focused and you will have your debt clear before you know it.
    Debt free by Christmas 2018 #004: 2565.82/7445.69
    £2018 in 2018 #25: 674.21/2018
    SPC 586
    • Nicnak
    • By Nicnak 3rd Jan 18, 5:50 PM
    • 923 Posts
    • 5,165 Thanks
    Nicnak
    Didn't take you long to cover the dental cost, look how quickly you managed to find that £300, keep this focused and you will have your debt clear before you know it.
    Originally posted by DebtFreeDuo
    I keep wandering round the house trying to find things to sell x
    September 6th 2017 - Updated 13th May 2018
    Credit Card £0 now: £0 Tesco Loan £7500 = £0 Consolidation £15,000 = £13,855 Total = £25,330 £13,855 43% gone EMF #252 = £700/£1000
    Sealed pot challenge #589
    Pay off all your debts by Christmas #71
    • Nicnak
    • By Nicnak 4th Jan 18, 4:03 PM
    • 923 Posts
    • 5,165 Thanks
    Nicnak
    Today has been mixed again.

    I went to Traff Ctr and found myself indulging in a new bra. I have been desperate for a couple for a few weeks now since I found out I was wearing the wrong size. I bought two in the sale at £14 each so £28 spent.

    I used my vouchers in John L to buy some new knives and also some coloured pens to ensure that I am filling in my journal.

    I was going to stop for a coffee, but decided against it, something new and different for me.

    Wedding dress is currently up to £225. I really wanted £250 for it as it includes the belt that cost £100. It still has 4 days on it, but here's hoping it goes for that amount of money. It'll certainly help with the dental treatment, and pay for those bras, and coat, and everything else I have indulged in.

    Tomorrow will have some spending as I am planning on going out. It's my last day off.

    AFD today though!
    September 6th 2017 - Updated 13th May 2018
    Credit Card £0 now: £0 Tesco Loan £7500 = £0 Consolidation £15,000 = £13,855 Total = £25,330 £13,855 43% gone EMF #252 = £700/£1000
    Sealed pot challenge #589
    Pay off all your debts by Christmas #71
    • Nicnak
    • By Nicnak 4th Jan 18, 10:07 PM
    • 923 Posts
    • 5,165 Thanks
    Nicnak
    Making amends for today by going through everything and selling.
    So far sold £30 Radley purse- bought it straight away to post tomorrow
    Going to list some of my expensive handbags tomorrow. I did have a thing for expensive bags, collected a few. Not thousands of pounds worth, just a few hundred new so around £40-£50 second hand. Not ground breaking, but I need that £500 now to cover what I!!!8217;ve spent as well as dental treatment. £500 will just about keep me out of my overdraft and pay for the Dentist.
    Dress is at £225
    Book £4.27
    Purse £30
    Bracelet £0 no bids so far
    Shoes £0 no bids

    Going to list
    Two handbags tomorrow approx £50 for both.
    Scan items on my book shelf to sell to Book company

    Not sure I have anything else to sell now!
    Just over a week to make £500
    Tutoring Tuesday so that!!!8217;s £30.

    I!!!8217;m seriously hoping I can do that £500.
    September 6th 2017 - Updated 13th May 2018
    Credit Card £0 now: £0 Tesco Loan £7500 = £0 Consolidation £15,000 = £13,855 Total = £25,330 £13,855 43% gone EMF #252 = £700/£1000
    Sealed pot challenge #589
    Pay off all your debts by Christmas #71
    • DebtFreeDuo
    • By DebtFreeDuo 5th Jan 18, 1:55 AM
    • 814 Posts
    • 4,184 Thanks
    DebtFreeDuo
    Good luck, I am sure you will get close to if not hit your target.
    Debt free by Christmas 2018 #004: 2565.82/7445.69
    £2018 in 2018 #25: 674.21/2018
    SPC 586
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 5th Jan 18, 7:53 AM
    • 4,426 Posts
    • 30,701 Thanks
    HairyHandofDartmoor
    I keep wandering round the house trying to find things to sell x
    Originally posted by Nicnak
    Don't sell DH . Glad the wedding dress has got some bids and good luck with your other ebay stuff. It's really hard not to buy stuff when the sales are on.
    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
    • Nicnak
    • By Nicnak 5th Jan 18, 10:03 AM
    • 923 Posts
    • 5,165 Thanks
    Nicnak
    Don't sell DH . Glad the wedding dress has got some bids and good luck with your other ebay stuff. It's really hard not to buy stuff when the sales are on.
    Originally posted by HairyHandofDartmoor
    Itís tempting!

    Sold a purse for £30-posted this morning
    Put one bag on this morning for £20 and it had a bid on it within 5 minutes!
    Dress still at £225, hopefully thisíll reach the £250 I really want.
    Book still under £5

    Come on £500!
    September 6th 2017 - Updated 13th May 2018
    Credit Card £0 now: £0 Tesco Loan £7500 = £0 Consolidation £15,000 = £13,855 Total = £25,330 £13,855 43% gone EMF #252 = £700/£1000
    Sealed pot challenge #589
    Pay off all your debts by Christmas #71
    • Purplemumof2
    • By Purplemumof2 5th Jan 18, 10:54 AM
    • 6,153 Posts
    • 22,636 Thanks
    Purplemumof2
    Fingers crossed you'll hit your target xx
    Official DFW Nerd Club - Member no. 791 - Proud to be dealing with my debts
    MBNA: £6200.00 Cap 1: £395.80 BC: £6841.81
    AFD xxx LTW 6/16
    POAMAYC 2018 #041 PD £6288.87/£7000
    Savings for Christmas £191.84/£365
    20p Savers 2018 £2 Savers 2018 50p Savers 2018 SPC 11 2018 #003
    • Nicnak
    • By Nicnak 5th Jan 18, 7:04 PM
    • 923 Posts
    • 5,165 Thanks
    Nicnak
    Well today I have not been good at all, again. I need to stop this now.
    Went to post office to post the purse and tried to take £10 out the cash machine outside. I didn'tt realise, as I was inputting that it declared £20 notes only and just said 'yes'. Paid £2.90 to post the first parcel.
    Then, paid £3.25 for a coffee and pasty
    then another £2.90
    then £5 for some embroidery for my business
    Then I spent £12 on chippy tea because I hadn't bothered to cook. (Hubby contributed £5 to this).

    Tomorrow little one has cheer leading practice, and I don't know how much that is as it will be her first lesson. Guess we will see tomorrow.
    I need fuel and shopping, and to pick up dry cleaning at a cost of £30.

    Bank account will be in its overdraft till eBay items all end on Monday night, Tutoring Tuesday night then I should have around £250 in it till Friday when I sell the other bag. Then payday on the 15th so should be out of my overdraft and stay out of it then.

    New bank card came today and switching starts on the 17th Jan, which also means the £150 will be with me by mid Feb.

    I can only claim £90 of dental per year so that'll be at least something towards those dental costs. I will get back on track when I am back in work as it's easier not to have spend days.

    Not listed hubby yet, but he is next if he carries on.



    January- pay photographer
    September 6th 2017 - Updated 13th May 2018
    Credit Card £0 now: £0 Tesco Loan £7500 = £0 Consolidation £15,000 = £13,855 Total = £25,330 £13,855 43% gone EMF #252 = £700/£1000
    Sealed pot challenge #589
    Pay off all your debts by Christmas #71
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 5th Jan 18, 10:13 PM
    • 4,426 Posts
    • 30,701 Thanks
    HairyHandofDartmoor
    . Hopefully you'll have a less spendy day tomorrow Nicnak.
    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
    • Nicnak
    • By Nicnak 6th Jan 18, 11:21 AM
    • 923 Posts
    • 5,165 Thanks
    Nicnak
    It!!!8217;s getting worse!

    Little ones School have decided on a superhero day where they have to dress up as a super hero. That cost another £17 in an outfit. I had £10 in vouchers saved up and postage was £3.99. Spent just over £10 out of my account.

    Went to pick up the dress from dry cleaning and it!!!8217;s not back yet. It was due yesterday, but they!!!8217;ve now said Monday. At least the money comes out the same day I should get paid.

    I can!!!8217;t log into my account to check it, but I know it!!!8217;s minus.
    September 6th 2017 - Updated 13th May 2018
    Credit Card £0 now: £0 Tesco Loan £7500 = £0 Consolidation £15,000 = £13,855 Total = £25,330 £13,855 43% gone EMF #252 = £700/£1000
    Sealed pot challenge #589
    Pay off all your debts by Christmas #71
    • DebtFreeDuo
    • By DebtFreeDuo 6th Jan 18, 2:50 PM
    • 814 Posts
    • 4,184 Thanks
    DebtFreeDuo
    Schools have so much dress up don't they?! If I have enough notice I tend to check eBay out, I'm lucky that I have built up a fair bit on my amazon account though so I don't have to dip into that. I have used the same costumes 2 years in a row as he had to dress up in nursery last year too. Have a little stash now ready for next year for world book day, children in need, Christmas jumper and Roahl Dahl day. We haven't had a superhero day yet but I believe they are having a disney disco or something this year, I have been dying to buy DS a beast costume but I can't find one anywhere (cartoon version not the new one).
    Debt free by Christmas 2018 #004: 2565.82/7445.69
    £2018 in 2018 #25: 674.21/2018
    SPC 586
    • Nicnak
    • By Nicnak 6th Jan 18, 7:31 PM
    • 923 Posts
    • 5,165 Thanks
    Nicnak
    Ooh that would be an amazing costume.

    Well the company say it!!!8217;s been delivered. It really hasn!!!8217;t! Not impressed!
    September 6th 2017 - Updated 13th May 2018
    Credit Card £0 now: £0 Tesco Loan £7500 = £0 Consolidation £15,000 = £13,855 Total = £25,330 £13,855 43% gone EMF #252 = £700/£1000
    Sealed pot challenge #589
    Pay off all your debts by Christmas #71
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 6th Jan 18, 8:13 PM
    • 4,426 Posts
    • 30,701 Thanks
    HairyHandofDartmoor
    Schools do seem good at making you spend money thank goodness mine have left.

    Charity shops can be good for costumes. We found a suede waistcoat in one which worked well for a cowboy outfit and Victorian day .
    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
    • Nicnak
    • By Nicnak 6th Jan 18, 8:33 PM
    • 923 Posts
    • 5,165 Thanks
    Nicnak
    Great idea. Thanks x
    September 6th 2017 - Updated 13th May 2018
    Credit Card £0 now: £0 Tesco Loan £7500 = £0 Consolidation £15,000 = £13,855 Total = £25,330 £13,855 43% gone EMF #252 = £700/£1000
    Sealed pot challenge #589
    Pay off all your debts by Christmas #71
    • DebtFreeDuo
    • By DebtFreeDuo 6th Jan 18, 9:59 PM
    • 814 Posts
    • 4,184 Thanks
    DebtFreeDuo
    Oh no, when is the superhero day? It would be an amazing costume but then I'm a little biased. He does love the film almost as much as I do though (probably thanks to me).
    Debt free by Christmas 2018 #004: 2565.82/7445.69
    £2018 in 2018 #25: 674.21/2018
    SPC 586
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