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  • FIRST POST
    • Nicnak
    • By Nicnak 10th Sep 17, 8:30 PM
    • 971Posts
    • 5,371Thanks
    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 44
    • Nicnak
    • By Nicnak 14th Sep 18, 10:26 AM
    • 971 Posts
    • 5,371 Thanks
    Nicnak
    I'm sorry about your ex's gran, it's always hard to lose someone who's had an impact on you.

    I hope you feel better soon.
    Originally posted by HairyHandofDartmoor
    Yes, shes been the Nana I never had. Both mine were ill pretty much as far back as I remember. I dont remember anything else.

    She cared, taught me how to crochet, phoned me to check I was ok all the time, asked my advice with wool!

    Losing her has been hard.
    September 6th 2017 - Updated 26th August
    Credit Card 0 now: 0 Tesco Loan 7500 = 0 Consolidation 15,000 = 12,450 Total = 25,330 12,192 52% gone EMF #252 = 1200/1000
    Sealed pot challenge #589
    Pay off all your debts by Christmas #71
    • Nicnak
    • By Nicnak 14th Sep 18, 10:35 AM
    • 971 Posts
    • 5,371 Thanks
    Nicnak
    Today I’m at TC just chilling out and relaxing.

    I’ve got to buy a few big items over the next few weeks to ensure I have things in the house that I need. I need a TV, hoover and will need a carpet. They are all my priority list.

    I’ll also need some smaller bits, but not until I get myself on my feet again and in a much better financial position.

    We complete on the 2nd October. Then the house is mine. It doesn’t matter anyway as he’s not paid towards the mortgage or bills since June so it’s all been on me anyway.

    He still pays the 160 childcare vouchers to our childminder and has contributed towards clothes and shoes, which is helping loads.

    I’ll just keep requesting things little one needs to help me clothe her through winter. She has enough uniform, a winter coat, boots and shoes so hoping her feet don’t grow for the next few months!

    Sure it’ll be fine!

    I need some cards today so come to a cheaper card shop to stock up a little.

    Off to see what I can get Tv wise!
    September 6th 2017 - Updated 26th August
    Credit Card 0 now: 0 Tesco Loan 7500 = 0 Consolidation 15,000 = 12,450 Total = 25,330 12,192 52% gone EMF #252 = 1200/1000
    Sealed pot challenge #589
    Pay off all your debts by Christmas #71
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 14th Sep 18, 1:35 PM
    • 4,869 Posts
    • 34,394 Thanks
    HairyHandofDartmoor
    It will be good when the house is legally all yours. I hope you manage to get the big items you need for the house.
    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 15th Sep 18, 7:43 AM
    • 971 Posts
    • 5,371 Thanks
    Nicnak
    Yesterday was a little treat day for me.
    I went and had lunch on my own, two coffees. A bit of a spend day. Around 30. I tutored last night so clawed it back. I just need to get to a bank today and pay it back in. The only one I know that opens on a Saturday is miles away.

    Little one had a sleep over at my sister's house last night so I had a chilled out night.

    I'm contemplating returning to work or not on Monday. It makes me anxious thinking about it, but it will be so much worse if I don't go back in this week. I'm not sure I can win.
    September 6th 2017 - Updated 26th August
    Credit Card 0 now: 0 Tesco Loan 7500 = 0 Consolidation 15,000 = 12,450 Total = 25,330 12,192 52% gone EMF #252 = 1200/1000
    Sealed pot challenge #589
    Pay off all your debts by Christmas #71
    • Cumbria lass
    • By Cumbria lass 15th Sep 18, 8:43 AM
    • 2,181 Posts
    • 13,302 Thanks
    Cumbria lass
    Hi Nicnak I haven't commented for ages but have been reading . First I am glad the house is nearly yours that is peace of mind in itself. Also that you enjoyed your day at TC .

    I think you have had a lot of stressful things going on in your life , divorce, working, looking after a child, recovering from illness . Maybe you need to listen to your body and mind before you return to work . Nothing worse going back Monday only to find Tuesday you actually wish you hadn't bothered.

    Hoping you have a good weekend.
    CC1 221 /3718
    • Nicnak
    • By Nicnak 15th Sep 18, 7:10 PM
    • 971 Posts
    • 5,371 Thanks
    Nicnak
    Hi Nicnak I haven't commented for ages but have been reading . First I am glad the house is nearly yours that is peace of mind in itself. Also that you enjoyed your day at TC .

    I think you have had a lot of stressful things going on in your life , divorce, working, looking after a child, recovering from illness . Maybe you need to listen to your body and mind before you return to work . Nothing worse going back Monday only to find Tuesday you actually wish you hadn't bothered.

    Hoping you have a good weekend.
    Originally posted by Cumbria lass
    Thank you,

    Weekend has been good, but full of me trying to decide what to do on Monday! I guess time will tell. x
    September 6th 2017 - Updated 26th August
    Credit Card 0 now: 0 Tesco Loan 7500 = 0 Consolidation 15,000 = 12,450 Total = 25,330 12,192 52% gone EMF #252 = 1200/1000
    Sealed pot challenge #589
    Pay off all your debts by Christmas #71
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 15th Sep 18, 8:20 PM
    • 4,869 Posts
    • 34,394 Thanks
    HairyHandofDartmoor
    Relax and enjoy your weekend and then see how you feel on Sunday night 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 16th Sep 18, 7:35 AM
    • 971 Posts
    • 5,371 Thanks
    Nicnak
    Relax and enjoy your weekend and then see how you feel on Sunday night Nicnak.
    Originally posted by HairyHandofDartmoor
    Yes, I think this is all I can do. x
    September 6th 2017 - Updated 26th August
    Credit Card 0 now: 0 Tesco Loan 7500 = 0 Consolidation 15,000 = 12,450 Total = 25,330 12,192 52% gone EMF #252 = 1200/1000
    Sealed pot challenge #589
    Pay off all your debts by Christmas #71
    • DebtFreeDuo
    • By DebtFreeDuo 16th Sep 18, 5:53 PM
    • 834 Posts
    • 4,229 Thanks
    DebtFreeDuo
    I'm sorry for your recent loss. Take all the time that you need, don't rush back to work unless you are ready. Everything has been so hard on you lately.

    When looking at any extra help previously did you check out the benefits calculator on entitledto? Also do you get help with childcare through tax credits already? Have you amended your council tax for the 25% single occupant discount?

    Sorry I don't mean to bombard you, I just don't get on here often lately and wanted to make sure I was getting everything down that I could think of.
    Debt free by Christmas 2018 #004: 6065.82/7445.69
    2018 in 2018 #25: 2549.13/2018
    SPC 586
    • Nicnak
    • By Nicnak 16th Sep 18, 7:19 PM
    • 971 Posts
    • 5,371 Thanks
    Nicnak
    I'm sorry for your recent loss. Take all the time that you need, don't rush back to work unless you are ready. Everything has been so hard on you lately.

    When looking at any extra help previously did you check out the benefits calculator on entitledto? Also do you get help with childcare through tax credits already? Have you amended your council tax for the 25% single occupant discount?

    Sorry I don't mean to bombard you, I just don't get on here often lately and wanted to make sure I was getting everything down that I could think of.
    Originally posted by DebtFreeDuo
    Thank you,
    Yes- I have the 25% discount, but not help with childcare or looked at entitled to either.
    x
    September 6th 2017 - Updated 26th August
    Credit Card 0 now: 0 Tesco Loan 7500 = 0 Consolidation 15,000 = 12,450 Total = 25,330 12,192 52% gone EMF #252 = 1200/1000
    Sealed pot challenge #589
    Pay off all your debts by Christmas #71
    • DebtFreeDuo
    • By DebtFreeDuo 16th Sep 18, 7:39 PM
    • 834 Posts
    • 4,229 Thanks
    DebtFreeDuo
    Have a look at entitledto calculator just to make sure there isn't something you have forgotten to check. The help with childcare would come from tax credits, I don't receive it so not sure on all the details but it might be worth just double checking it.

    Hope you're doing ok x
    Debt free by Christmas 2018 #004: 6065.82/7445.69
    2018 in 2018 #25: 2549.13/2018
    SPC 586
    • Nicnak
    • By Nicnak 17th Sep 18, 11:03 AM
    • 971 Posts
    • 5,371 Thanks
    Nicnak
    Have a look at entitledto calculator just to make sure there isn't something you have forgotten to check. The help with childcare would come from tax credits, I don't receive it so not sure on all the details but it might be worth just double checking it.

    Hope you're doing ok x
    Originally posted by DebtFreeDuo
    Thanks,

    I had a look last night. As it stands, I am not entitled to anything else other than what I get.

    It was worth a look though, it might have just meant I got a little extra.
    September 6th 2017 - Updated 26th August
    Credit Card 0 now: 0 Tesco Loan 7500 = 0 Consolidation 15,000 = 12,450 Total = 25,330 12,192 52% gone EMF #252 = 1200/1000
    Sealed pot challenge #589
    Pay off all your debts by Christmas #71
    • Nicnak
    • By Nicnak 18th Sep 18, 7:45 AM
    • 971 Posts
    • 5,371 Thanks
    Nicnak
    Will I ever be able to get back to work? I just feel like I have lost all my confidence.
    September 6th 2017 - Updated 26th August
    Credit Card 0 now: 0 Tesco Loan 7500 = 0 Consolidation 15,000 = 12,450 Total = 25,330 12,192 52% gone EMF #252 = 1200/1000
    Sealed pot challenge #589
    Pay off all your debts by Christmas #71
    • Dorastar
    • By Dorastar 18th Sep 18, 10:47 AM
    • 1,892 Posts
    • 15,742 Thanks
    Dorastar
    Take some time, hopefully you are being paid still, and ask if there's any occy health you could access for free via work as most schools can access it even if it's a listening ear kind of counselling. You've had more than your fair share of major traumas this year so it's not surprising you feel low and your body is probably reacting to the huge amount of stress it's been through. You need to look after yourself first, the job is hard enough without being poorly too.
    Mr T 13199.04 Bank 3149.44 Mortgage 160,000
    Emergency Fund 2538 Blanket squares 33/60
    • Nicnak
    • By Nicnak 18th Sep 18, 6:56 PM
    • 971 Posts
    • 5,371 Thanks
    Nicnak
    Take some time, hopefully you are being paid still, and ask if there's any occy health you could access for free via work as most schools can access it even if it's a listening ear kind of counselling. You've had more than your fair share of major traumas this year so it's not surprising you feel low and your body is probably reacting to the huge amount of stress it's been through. You need to look after yourself first, the job is hard enough without being poorly too.
    Originally posted by Dorastar
    Thank you,

    I am anxious all the time. At the minute it is because I didn't phone the school on monday to say I wouldn't be in, even though I have sent in a sick note covering me for a month. I just am worried they'll discipline me for not phoning every day. x
    September 6th 2017 - Updated 26th August
    Credit Card 0 now: 0 Tesco Loan 7500 = 0 Consolidation 15,000 = 12,450 Total = 25,330 12,192 52% gone EMF #252 = 1200/1000
    Sealed pot challenge #589
    Pay off all your debts by Christmas #71
    • Nicnak
    • By Nicnak 18th Sep 18, 7:13 PM
    • 971 Posts
    • 5,371 Thanks
    Nicnak
    Well,

    I'm going to mention the C word. Yep, Christmas. I have to start preparing now if I am going to make it through this year.

    I have just found out that I am severely allergic to alcohol so that means it will be a lot cheaper than I thought. I have some MR T vouchers - only equates to about 20 but that is a proportion of my Christmas shop catered for. They usually give them out in October.

    I have started to acquire Am vouchers too, these will buy little wrap up presents for little one and my nephews. I have started to buy a couple of presents, and if I do this every month, it won't feel so overwhelming. I have one of my nephews sorted, and my sister so that is two people I don't need to worry about.

    I do have two birthdays between now and Christmas that I need to ensure I am sorted for.

    I think this year, little and often will be the key to sorting out Christmas. Octobers pay, will be two birthday presents and one Christmas present.

    The fuel I save not driving to work in December will help pay for the little bit of extra shopping that I buy.
    x
    September 6th 2017 - Updated 26th August
    Credit Card 0 now: 0 Tesco Loan 7500 = 0 Consolidation 15,000 = 12,450 Total = 25,330 12,192 52% gone EMF #252 = 1200/1000
    Sealed pot challenge #589
    Pay off all your debts by Christmas #71
    • Dorastar
    • By Dorastar 19th Sep 18, 2:21 PM
    • 1,892 Posts
    • 15,742 Thanks
    Dorastar
    Thank you,

    I am anxious all the time. At the minute it is because I didn't phone the school on monday to say I wouldn't be in, even though I have sent in a sick note covering me for a month. I just am worried they'll discipline me for not phoning every day. x
    Originally posted by Nicnak
    There shouldn't be an issue as they have the sick note, that takes precedent over phone calls. If you still feel anxious email just to clarify that they have the sick note and that you will be off until then and seeing the doctor if needed towards the end of it. Then you have evidence that you've made certain, it might put your mind at rest.
    Then rest.
    Mr T 13199.04 Bank 3149.44 Mortgage 160,000
    Emergency Fund 2538 Blanket squares 33/60
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 19th Sep 18, 2:33 PM
    • 4,869 Posts
    • 34,394 Thanks
    HairyHandofDartmoor
    There shouldn't be an issue as they have the sick note, that takes precedent over phone calls. If you still feel anxious email just to clarify that they have the sick note and that you will be off until then and seeing the doctor if needed towards the end of it. Then you have evidence that you've made certain, it might put your mind at rest.
    Then rest.
    Originally posted by Dorastar

    That sounds like very sensible advice. Try not to worry.

    I'm anxious about Christmas too, but if we can't afford it then it will have to be a present free and value food Christmas. I'm off alcohol too (and sugar at the moment) and it's amazing how much money that saves!
    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 20th Sep 18, 8:02 AM
    • 971 Posts
    • 5,371 Thanks
    Nicnak
    There shouldn't be an issue as they have the sick note, that takes precedent over phone calls. If you still feel anxious email just to clarify that they have the sick note and that you will be off until then and seeing the doctor if needed towards the end of it. Then you have evidence that you've made certain, it might put your mind at rest.
    Then rest.
    Originally posted by Dorastar
    Thank you, I took this advice and emailed the head. He replied saying not to worry. x
    September 6th 2017 - Updated 26th August
    Credit Card 0 now: 0 Tesco Loan 7500 = 0 Consolidation 15,000 = 12,450 Total = 25,330 12,192 52% gone EMF #252 = 1200/1000
    Sealed pot challenge #589
    Pay off all your debts by Christmas #71
    • Nicnak
    • By Nicnak 20th Sep 18, 8:03 AM
    • 971 Posts
    • 5,371 Thanks
    Nicnak
    That sounds like very sensible advice. Try not to worry.

    I'm anxious about Christmas too, but if we can't afford it then it will have to be a present free and value food Christmas. I'm off alcohol too (and sugar at the moment) and it's amazing how much money that saves!
    Originally posted by HairyHandofDartmoor
    It will be value for food for me too. I will cut down on Christmas presents as well. x
    September 6th 2017 - Updated 26th August
    Credit Card 0 now: 0 Tesco Loan 7500 = 0 Consolidation 15,000 = 12,450 Total = 25,330 12,192 52% gone EMF #252 = 1200/1000
    Sealed pot challenge #589
    Pay off all your debts by Christmas #71
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