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  • FIRST POST
    • Nicnak
    • By Nicnak 10th Sep 17, 8:30 PM
    • 1,140Posts
    • 6,098Thanks
    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 48
    • Nicnak
    • By Nicnak 5th Oct 18, 3:13 PM
    • 1,140 Posts
    • 6,098 Thanks
    Nicnak
    I went out Christmas shopping today. I felt that I really needed to get a lot more organised, so I have done.

    I took advantage of the boots 3 for 2 and went and got some Yankee Candle stuff for my aunties. Saving myself 9 in total or 3 per gift I bought. Not tons of saving, but every single penny counts for me now.

    I went to the Elemis counter in John Lewis as my mum loves this and they had an offer on for two weeks. Buy two products (one anti ageing) and another other and get a free gift set that was gorgeous. I didn't have the confidence to ask the lady what the cheapest option on this was so asked her what was counted in it for me to have a look. It come to over 100 with the products she was showing me. Instead, I went and got a coffee, sat on the internet on the JL website and worked it out myself. Managed to get two items for 67.50 and then the entire gift set for free. That means that I now have my mum and sisters present completed. I always get my mum a little extra as she minds my little one three times a week. The value of the gift pack that I got for free is around 60 I think.

    I also got a ton of freebies today. I told her about the sepsis and how it had affected my skin so she gave me free samples to try of all products she had a sample for.

    I then went into a chocolate shop and explained about all my intolerances. The woman looked a bit shocked at first I guess it isn't every day that someone arrives with a lactose, sugar, dairy, wheat, nuts, alcohol and various other things.

    Thankfully, they have samples too. We sat there munching on dark chocolate trying tiny bits of all flavours for me to pick and check that I was ok with them.

    I did treat myself to a sugar free coconut milk latte! I did get a strange look from the lady on the counter asking for it. Going out today gave me a lot of confidence that I can get myself back out there.

    Got my letter from the mortgage today. My next payment is the 1/11/2018, which gives me a 'month off' a mortgage payment once the other mortgage payment comes back. It is 300 more though, but still, 300 saving to help me buy a hoover and TV will be fantastic.

    Let's hope I can keep this up and keep trying to manage on this budget. Food is hard now that I need some many 'free from' stuff. I don't mean luxuries, just basic things like bread, coconut milk, pasta. I'll need to up my food budget. At least this month I won't have as high fuel costs as I am sat at home for the month. That's 100 saved for me.

    Massive update and ramble above! got a bit carried away!
    September 6th 2017 - Updated 21st Oct
    Credit Card 0 now: 0 Tesco Loan 7500 = 0 Consolidation 15,000 = 10,812 Total = 25,330 10,812 59% gone EMF #252 = 1300/1000
    Sealed pot challenge #589
    Pay off all your debts by Christmas #71
    • Cumbria lass
    • By Cumbria lass 5th Oct 18, 7:19 PM
    • 2,307 Posts
    • 14,136 Thanks
    Cumbria lass
    Not sure if you ever use Home Bargains or B&M but they have gluten free pasta from time to time. Lidl also have a free from range , not sure what it's like .

    Great bargain at John Lewis.
    CC1 3609
    • Nicnak
    • By Nicnak 5th Oct 18, 8:10 PM
    • 1,140 Posts
    • 6,098 Thanks
    Nicnak
    Yes, the lidl one is cheaper than the big brands so will be using that. They just don't have the lactose free range. I could do both supermarkets though. x

    Thanks for that x
    September 6th 2017 - Updated 21st Oct
    Credit Card 0 now: 0 Tesco Loan 7500 = 0 Consolidation 15,000 = 10,812 Total = 25,330 10,812 59% gone EMF #252 = 1300/1000
    Sealed pot challenge #589
    Pay off all your debts by Christmas #71
    • Nicnak
    • By Nicnak 6th Oct 18, 6:46 PM
    • 1,140 Posts
    • 6,098 Thanks
    Nicnak
    Treated myself tonight a non alcoholic bottle of wine tonight, using the free samples to have a mini pamper, watching Harry Potter with some dairy free chocolate.

    Celebrating the house being mine.
    September 6th 2017 - Updated 21st Oct
    Credit Card 0 now: 0 Tesco Loan 7500 = 0 Consolidation 15,000 = 10,812 Total = 25,330 10,812 59% gone EMF #252 = 1300/1000
    Sealed pot challenge #589
    Pay off all your debts by Christmas #71
    • Nicnak
    • By Nicnak 7th Oct 18, 7:26 AM
    • 1,140 Posts
    • 6,098 Thanks
    Nicnak
    Just changed my signature. I have paid off more than I owe. It took a long time for that to happen, but it's done. 55% debt gone in one year.

    We know this will now slow down drastically, and has slowed down since June. Hopefully, I will end the year on 60% paid off. That's 1250 to pay by December. Natural loan payments are 750 so 500 to find to get to 60%. Tall ask with Christmas, but worth giving it a go.
    x
    September 6th 2017 - Updated 21st Oct
    Credit Card 0 now: 0 Tesco Loan 7500 = 0 Consolidation 15,000 = 10,812 Total = 25,330 10,812 59% gone EMF #252 = 1300/1000
    Sealed pot challenge #589
    Pay off all your debts by Christmas #71
    • Nicnak
    • By Nicnak 7th Oct 18, 7:34 AM
    • 1,140 Posts
    • 6,098 Thanks
    Nicnak
    Oh, and I got a new hoover. Lidl were selling Wax light weight cordless ones with different attachments to do the car, stairs, etc for 79.99. I was really wanting one of these as I find getting the full hoover out annoying and the cord is damaged. It annoys the hell out of me and I can't ever reach the top of the stairs.

    So, just a TV now, but that can wait until he actually takes this one. I guess that will be a couple of weeks when his house actually completes.

    It's my birthday in 15 days now. I think having all of these allergies means people will not know what to buy for me at all. I don't mind as if they do get me things I can't use, I can always regift them for people at Christmas.

    X
    September 6th 2017 - Updated 21st Oct
    Credit Card 0 now: 0 Tesco Loan 7500 = 0 Consolidation 15,000 = 10,812 Total = 25,330 10,812 59% gone EMF #252 = 1300/1000
    Sealed pot challenge #589
    Pay off all your debts by Christmas #71
    • Dorastar
    • By Dorastar 7th Oct 18, 9:48 AM
    • 1,935 Posts
    • 15,884 Thanks
    Dorastar
    Blimey, you've done well on the Christmas side of things, no idea what we're doing or what people want this year. Hope you've got a nice easy day planned today.
    Mr T 13002.10 Bank 2867.92 Mortgage 160,000
    Emergency Fund 2650.73 Blanket squares 33/60
    • Nicnak
    • By Nicnak 8th Oct 18, 8:43 AM
    • 1,140 Posts
    • 6,098 Thanks
    Nicnak
    Going to go and have a mini facial today. Really looking forward to it! x
    September 6th 2017 - Updated 21st Oct
    Credit Card 0 now: 0 Tesco Loan 7500 = 0 Consolidation 15,000 = 10,812 Total = 25,330 10,812 59% gone EMF #252 = 1300/1000
    Sealed pot challenge #589
    Pay off all your debts by Christmas #71
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 8th Oct 18, 8:49 AM
    • 5,274 Posts
    • 37,113 Thanks
    HairyHandofDartmoor
    Enjoy your mini facial Nicnak. You seem really on top of things at the moment.
    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 8th Oct 18, 8:53 AM
    • 1,140 Posts
    • 6,098 Thanks
    Nicnak
    I tried to apply for a loan over 7 years for the amount I need, and have been declined.

    I've never been declined before so feel a little bit like 'oh'. They emailed to say they will send a letter explaining why.

    I guess it is probably because I am at the top range for my mortgage and that has just gone through. Or because I am now listed as separate?
    Maybe because I already have a loan and even though I am going to pay it off, there is no guarantee I will.

    I only did it to get a reduced payment every month as a buffer. I also told them I intended to over pay as well.

    It doesn't matter in the long term as I am overpaying an managing my payments naturally anyway. I just wanted something lower to take the pressure off.


    I just need to keep going. Sure I will be fine!
    September 6th 2017 - Updated 21st Oct
    Credit Card 0 now: 0 Tesco Loan 7500 = 0 Consolidation 15,000 = 10,812 Total = 25,330 10,812 59% gone EMF #252 = 1300/1000
    Sealed pot challenge #589
    Pay off all your debts by Christmas #71
    • Nicnak
    • By Nicnak 8th Oct 18, 8:54 AM
    • 1,140 Posts
    • 6,098 Thanks
    Nicnak
    I've just realised I am also showing as having two mortgages! One new opened and the other not updated as settled!
    September 6th 2017 - Updated 21st Oct
    Credit Card 0 now: 0 Tesco Loan 7500 = 0 Consolidation 15,000 = 10,812 Total = 25,330 10,812 59% gone EMF #252 = 1300/1000
    Sealed pot challenge #589
    Pay off all your debts by Christmas #71
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 8th Oct 18, 9:01 AM
    • 5,274 Posts
    • 37,113 Thanks
    HairyHandofDartmoor
    I've just realised I am also showing as having two mortgages! One new opened and the other not updated as settled!
    Originally posted by Nicnak
    That would make you look a bit overstretched!
    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 8th Oct 18, 7:05 PM
    • 1,140 Posts
    • 6,098 Thanks
    Nicnak
    Just a tad!

    It doesn't matter, it's done now. Just a case of building everything back up. x
    September 6th 2017 - Updated 21st Oct
    Credit Card 0 now: 0 Tesco Loan 7500 = 0 Consolidation 15,000 = 10,812 Total = 25,330 10,812 59% gone EMF #252 = 1300/1000
    Sealed pot challenge #589
    Pay off all your debts by Christmas #71
    • Nicnak
    • By Nicnak 8th Oct 18, 7:20 PM
    • 1,140 Posts
    • 6,098 Thanks
    Nicnak
    Today did not go to plan!

    I went to get my free facial, but the lady wasn't in. I have booked it in for next Tuesday now instead. I have booked to have my eyebrows done as well now as you get a birthday one free. So eyebrows and facial on the same day. I can't wait to be honest!

    I picked up my mum and sisters Christmas gifts, and then went to Tesco and got my sister some Pjs for her birthday next week. Yesterday, I asked her to get me some bath towels as mine have all been taken. When I went in Tesco they had some bath sheets reduced to 5. I got four. When I get paid on Friday, I will buy some more bath towels for 3 and a couple of hand towels. That way I will at least have a matching set!

    I'm not sure what to ask for for my birthday. My mum has been asking me. I have seen a nice watch, but equally a nice dressing table too. My mum won't get me food or anything like that for my birthday, it always has to be a gift for me so will have to think which one I would like more. I'm leaning towards the dressing table up to now. It'll make the bedroom look more like mine.
    September 6th 2017 - Updated 21st Oct
    Credit Card 0 now: 0 Tesco Loan 7500 = 0 Consolidation 15,000 = 10,812 Total = 25,330 10,812 59% gone EMF #252 = 1300/1000
    Sealed pot challenge #589
    Pay off all your debts by Christmas #71
    • Nicnak
    • By Nicnak 10th Oct 18, 8:51 AM
    • 1,140 Posts
    • 6,098 Thanks
    Nicnak
    Morning,

    I am doing ok.
    I had to dip into my savings to get myself out of my overdraft. This is because I bought some Christmas presents ad thought the mortgage payment would be back in by Monday. i contacted them today, and they have said that it won't be back in my account till Friday- I know it is coming in, but I am disappointed that I spent without waiting for it to me back to me.

    Little one needs winter dresses, but ex has agreed to buy these/give me the money for them. I'm not sure when so will hopefully be this week, as she is getting a bit low on leggings, winter tights, and dresses.

    I am doing ok on Christmas presents.
    I am getting all the little ones together such as: childminders, teachers and then have got some for my mum and sister.

    My nephew has his birthday in November so used the first round of Amazon vouchers to pay for that. Second round will buy wrap ups for my little one. I think I am due around 30 more so that will get her quite a few bits.

    Still to buy:
    Little one main present
    dad
    mum little bit
    nephew x2
    ex (from daughter)
    Still looks like a lot!

    I have got most of my in laws presents from me and little one. It still looks like quite a lot above, but I am sure I will have most of these sorted next time I get paid.

    I didn't sleep too well last night. Trying to sort everything out in my head and recover 100% now. I don't feel guilty for being off work as I desperately need to get myself right.

    Not sure what I am going to do today. x
    September 6th 2017 - Updated 21st Oct
    Credit Card 0 now: 0 Tesco Loan 7500 = 0 Consolidation 15,000 = 10,812 Total = 25,330 10,812 59% gone EMF #252 = 1300/1000
    Sealed pot challenge #589
    Pay off all your debts by Christmas #71
    • Dorastar
    • By Dorastar 12th Oct 18, 12:57 PM
    • 1,935 Posts
    • 15,884 Thanks
    Dorastar
    Hope you can take it easy today, you've been so busy you deserve a rest.
    Mr T 13002.10 Bank 2867.92 Mortgage 160,000
    Emergency Fund 2650.73 Blanket squares 33/60
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 12th Oct 18, 1:23 PM
    • 5,274 Posts
    • 37,113 Thanks
    HairyHandofDartmoor
    I hope you find something enjoyable or useful to do today Nicnak. I hope your weather is better than ours, we have strong winds and rain!
    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 12th Oct 18, 8:24 PM
    • 1,140 Posts
    • 6,098 Thanks
    Nicnak
    Strong winds and rain here too.

    I went to Bury with my parents today. I got some clothes for little one ready for winter now. Ex paid for them so it didn't feel so worrying that I was spending a fair bit. I know she needs them, but normally I get a few bits at a time.

    I got the mortgage payment back yesterday and put 400 off the loan straight away. I bought some Christmas presents with the rest and will use my wages on Monday for the 300 extra payment for this month.

    I'm just relaxing with some juice and watching TV after walking round for most of the day today. My parents gave me some money for my birthday present today so I ordered a dressing table to go in my bedroom.

    I was also naughty and bought some treacle toffee that I absolutely love.

    It's hard walking through shopping centres and smelling all the beautiful cakes and pies and pasties and knowing you just can't have any.

    It's also a relief to know I am not mad either, and that my little reactions, were actual reactions and not made up in my head.

    I still don't feel able to go back to work at the minute. I had one really good night sleep this week, which made me feel incredible the day after. I have a night off tonight as well as little one is at my parents for the night. I'll be in bed for 9.30pm. I didn't sleep so well last night!

    x
    September 6th 2017 - Updated 21st Oct
    Credit Card 0 now: 0 Tesco Loan 7500 = 0 Consolidation 15,000 = 10,812 Total = 25,330 10,812 59% gone EMF #252 = 1300/1000
    Sealed pot challenge #589
    Pay off all your debts by Christmas #71
    • Cumbria lass
    • By Cumbria lass 12th Oct 18, 8:43 PM
    • 2,307 Posts
    • 14,136 Thanks
    Cumbria lass
    Hope you get a good sleep tonight , with little one being away, you might get a lie in. I am off to Bury tomorrow with my friend, it's a good place for shopping.

    Glad you decided to stay off work until you are completely recovered.
    CC1 3609
    • Nicnak
    • By Nicnak 12th Oct 18, 9:17 PM
    • 1,140 Posts
    • 6,098 Thanks
    Nicnak
    Hope you get a good sleep tonight , with little one being away, you might get a lie in. I am off to Bury tomorrow with my friend, it's a good place for shopping.

    Glad you decided to stay off work until you are completely recovered.
    Originally posted by Cumbria lass
    Enjoy. I hope the weather is better tomorrow for you. x
    September 6th 2017 - Updated 21st Oct
    Credit Card 0 now: 0 Tesco Loan 7500 = 0 Consolidation 15,000 = 10,812 Total = 25,330 10,812 59% gone EMF #252 = 1300/1000
    Sealed pot challenge #589
    Pay off all your debts by Christmas #71
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