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  • FIRST POST
    • Nicnak
    • By Nicnak 10th Sep 17, 7:30 PM
    • 2,037Posts
    • 11,964Thanks
    Nicnak
    Debt Free Year
    • #1
    • 10th Sep 17, 7:30 PM
    Debt Free Year 10th Sep 17 at 7:30 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 87
    • Nicnak
    • By Nicnak 15th Apr 19, 6:32 PM
    • 2,037 Posts
    • 11,964 Thanks
    Nicnak
    Today was spendy as I got paid and needed to sort a few bits out. I have nought the reading pen at 125 and sent back the 215 one.

    I got three pairs of leggings for little one for 8 which will do her for a few months at least. I also got her a dress at 11 and 5 pairs of tights for 9. I had a 5.50 voucher which meant I didn't spend as much as I could have. I topped up on some food, but shouldn't need to spend more than 20 over the next 10 days shopping. I do need fuel though. I am trying for a NSD day tomorrow, but my fuel light will come on either tomorrow or Wednesday. Little one might also want to go roller blading class, which is only 1.90. I did find around 2.80 in my coat pocket and put it in the penny saving jar.

    I'm on here a lot at the minute, but as I am off work, and trying to desperately sort myself out and make myself accountable, I am finding it easier to post on here how I am doing.

    The stuff i decluttered got taken straight to the recycling centre tonight so I couldn't change my mind. It had some next suits in there which I know I could have sold on eBay for a few pounds each, but just wanted to get them out the house now, and the charity will benefit from it totally.

    I've had lots of bills go up, which has resulted in around 80 a month more that I will need to account for. I can get myself right and sorted, i just need to stop being spend happy. It's those lunches here and there with my tutoring cash that add up, and then the mini card payments. They are equating to around 100-150 a month. I should have paid my dad off last month, or at least stayed out of my overdraft. I'm giving myself only one month to sort out my overdraft. I have to learn to be strict with myself.

    Have a lovely evening everyone. x
    September 6th 2017 - Updated February 2019
    Credit Card 0 now: 0 Dad 1500 = 200 Consolidation 15,000 = 9,760 Total = 25,330 9,960 61% gone EMF #252 = 100/1000
    Sealed pot challenge #024
    Pay off all your debts by Christmas #071
    • enthusiasticsaver
    • By enthusiasticsaver 15th Apr 19, 6:40 PM
    • 8,368 Posts
    • 19,173 Thanks
    enthusiasticsaver
    Have you explored Lidls as they do lots of free from stuff at a reasonable price? I get gluten free stuff for my son in law there and sometimes they do lactose free stuff too much cheaper than places like Sainsburys and Tescos. Not sure about Asda but I know they do a good range too.


    Definitely taking lunch from home and forgoing coffees, drinks out most of the time will save you loads. Just takes a bit of planning.
    Early retired in December 2017

    I'm a Board Guide on the Debt-Free Wannabe, Mortgages and Endowments, Banking and Budgeting boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Any views are mine and not the official line of moneysavingexpert.com. Pease remember, board guides don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com
    • Nicnak
    • By Nicnak 15th Apr 19, 6:55 PM
    • 2,037 Posts
    • 11,964 Thanks
    Nicnak
    Have you explored Lidls as they do lots of free from stuff at a reasonable price? I get gluten free stuff for my son in law there and sometimes they do lactose free stuff too much cheaper than places like Sainsburys and Tescos. Not sure about Asda but I know they do a good range too.


    Definitely taking lunch from home and forgoing coffees, drinks out most of the time will save you loads. Just takes a bit of planning.
    Originally posted by enthusiasticsaver
    Yes, Lidl has a little range and it is cheaper than the rest, but it is just too limiting. I usually do a stock up at Asda as they have a much more varied range at a reasonable price too. I do my odd weekly bits at Lidl and then when I run out of most things, go to Asda to stock up.

    Then I get my bulk stuff at Costco. I got toilet roll for 12 today. I think it has 5 packs of 9 and they are branded too. I didn't need washing tablets otherwise would have got them as well. x
    September 6th 2017 - Updated February 2019
    Credit Card 0 now: 0 Dad 1500 = 200 Consolidation 15,000 = 9,760 Total = 25,330 9,960 61% gone EMF #252 = 100/1000
    Sealed pot challenge #024
    Pay off all your debts by Christmas #071
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 15th Apr 19, 7:23 PM
    • 8,903 Posts
    • 69,277 Thanks
    HairyHandofDartmoor
    Well done on the de-cluttering Nicnak . That sounds like a good haul of stuff that can go to the tip too. I always feel great after I get rid of things I don't use as they do weigh me down.

    I think your idea of getting a beach picture on your bank card is a brilliant idea as it would be very motivational. I wonder if I could do that. I only have a basic bank account so I'm not sure if I can get a pictue card but I'll check.
    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.
    EMERGENCY FUND 1 = 4,005. EMERGENCY FUND 2 = 1,505.
    Goal - buy 50 worth of Premium Bonds per month = 0
    • Honeysucklelou2
    • By Honeysucklelou2 16th Apr 19, 1:07 AM
    • 1,558 Posts
    • 7,788 Thanks
    Honeysucklelou2
    I do sympathise...I find the Mr T top ups are what scuppers my budget and I need to pull back on spending. It easier said than done but cheering you on and trying to curb those smaller spends too.
    paydbx2019 #93 572.38/10,100 .
    School trips 1016/1269..
    EF 210
    • Nicnak
    • By Nicnak 16th Apr 19, 6:55 PM
    • 2,037 Posts
    • 11,964 Thanks
    Nicnak
    Well done on the de-cluttering Nicnak . That sounds like a good haul of stuff that can go to the tip too. I always feel great after I get rid of things I don't use as they do weigh me down.

    I think your idea of getting a beach picture on your bank card is a brilliant idea as it would be very motivational. I wonder if I could do that. I only have a basic bank account so I'm not sure if I can get a pictue card but I'll check.
    Originally posted by HairyHandofDartmoor
    Thank you. Hopefully you can xx
    September 6th 2017 - Updated February 2019
    Credit Card 0 now: 0 Dad 1500 = 200 Consolidation 15,000 = 9,760 Total = 25,330 9,960 61% gone EMF #252 = 100/1000
    Sealed pot challenge #024
    Pay off all your debts by Christmas #071
    • Nicnak
    • By Nicnak 16th Apr 19, 6:57 PM
    • 2,037 Posts
    • 11,964 Thanks
    Nicnak
    I do sympathise...I find the Mr T top ups are what scuppers my budget and I need to pull back on spending. It easier said than done but cheering you on and trying to curb those smaller spends too.
    Originally posted by Honeysucklelou2
    Me too. They are what is pushing me over every month. x
    September 6th 2017 - Updated February 2019
    Credit Card 0 now: 0 Dad 1500 = 200 Consolidation 15,000 = 9,760 Total = 25,330 9,960 61% gone EMF #252 = 100/1000
    Sealed pot challenge #024
    Pay off all your debts by Christmas #071
    • Nicnak
    • By Nicnak 16th Apr 19, 8:31 PM
    • 2,037 Posts
    • 11,964 Thanks
    Nicnak
    Hi all,

    I was in work today so feeling a little more tired and a lot more stressed! No students, but trying to get work done and staff training.

    I only spent 20 today and that was on fuel like i said I would. I took my own lunch, avoided the shop totally, came home and made tea. Little one didn't want to go roller blading but instead opted for the visit to the puppy! It wouldn't have mattered if she had as it was only 1.90. It is one of the things that I want to stop though, those little spends here and there. She has a lot of clubs that she goes to now.

    I have a hospital appt tomorrow. I generally have to park and then walk as the car park is mega busy. I will be doing that again tomorrow to save a few pounds, burn a few calories, and also ensure I don't spend an hour looking for a car parking space. x
    September 6th 2017 - Updated February 2019
    Credit Card 0 now: 0 Dad 1500 = 200 Consolidation 15,000 = 9,760 Total = 25,330 9,960 61% gone EMF #252 = 100/1000
    Sealed pot challenge #024
    Pay off all your debts by Christmas #071
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 16th Apr 19, 8:33 PM
    • 8,903 Posts
    • 69,277 Thanks
    HairyHandofDartmoor
    Well done on having such a low spend day . I hope your hospital visit goes all right tomorrow.
    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.
    EMERGENCY FUND 1 = 4,005. EMERGENCY FUND 2 = 1,505.
    Goal - buy 50 worth of Premium Bonds per month = 0
    • Nicnak
    • By Nicnak 17th Apr 19, 6:26 AM
    • 2,037 Posts
    • 11,964 Thanks
    Nicnak
    Morning,

    I have bought myself a new diary out of my business banking. My other diary is quote negative as it has all of my work stuff in and some stuff connected to my ex and I really don't like it being used for that as it is supposed to be a positive and uplifting diary and it's just not. I want to grow my business so have decided to have one dedicated to my personal life and my business. It has come out of my business funds anyway and not my personal account which is good.

    I am still waiting for my pen refund. That 215 will be amazing when it finds its way back into my bank account.

    Hosp appt followed by home for me. I want to have an afternoon of relaxing after the hospital. I have lunch at home and will be fine to have that. x
    September 6th 2017 - Updated February 2019
    Credit Card 0 now: 0 Dad 1500 = 200 Consolidation 15,000 = 9,760 Total = 25,330 9,960 61% gone EMF #252 = 100/1000
    Sealed pot challenge #024
    Pay off all your debts by Christmas #071
    • kindofagilr
    • By kindofagilr 17th Apr 19, 12:33 PM
    • 6,662 Posts
    • 22,505 Thanks
    kindofagilr
    I do sympathise...I find the Mr T top ups are what scuppers my budget and I need to pull back on spending. It easier said than done but cheering you on and trying to curb those smaller spends too.
    Originally posted by Honeysucklelou2
    I am cheering you on too, I know it doesn't work for everyone, but I found that doing one weekly online shop to be delivered to my house from asda, I spend less doing that than I did when we physically went to asda and aldi, as I am not in the shop browsing and grabbing things I didn't need, plus I don't have OH and kids in tow asking for things xx
    Current Debt 39,978.00/44,856.56 ~ 04/04/19 - 10.87% Paid Off

    POAMAYC 2019 #87 4802.01
    POAMAYC 2018 #87 13,912.57

    POAMAYC 2017 #87 10,380.18
    POAMAYC 2016 #87 7454.80

    Mortgage (Start Date 01/04/09 ~ 30 year term, due to end 01/07/39)
    82,026.11/104,409.00 (as of 31/03/19) ~ 21.43% Paid Off

    Christmas Savings 18: Totalled 750/Christmas Savings 19: 0
    Cyprus 19 Savings: 400/2000 ~ Centre Parcs 19 Savings: 375/500
    Emergency Savings: 50


    My Debt Free Diary (Link)
    • Nicnak
    • By Nicnak 17th Apr 19, 1:14 PM
    • 2,037 Posts
    • 11,964 Thanks
    Nicnak
    I am cheering you on too, I know it doesn't work for everyone, but I found that doing one weekly online shop to be delivered to my house from asda, I spend less doing that than I did when we physically went to asda and aldi, as I am not in the shop browsing and grabbing things I didn't need, plus I don't have OH and kids in tow asking for things xx
    Originally posted by kindofagilr
    Think I might have to do this as well. I am the same now, grabbing bits and pieces whereas online you can review your basket. Thanks for this, it has reminded me!!


    My new card has arrived today. It is amazing. It has people riding horses through the sea as well. I forgot about that it. I have taken 10 out of my account as it is bake sale at school for C. I bought some bits this morning whilst at the hospital. I recognise this as an emotional spend. x
    September 6th 2017 - Updated February 2019
    Credit Card 0 now: 0 Dad 1500 = 200 Consolidation 15,000 = 9,760 Total = 25,330 9,960 61% gone EMF #252 = 100/1000
    Sealed pot challenge #024
    Pay off all your debts by Christmas #071
    • Nicnak
    • By Nicnak 18th Apr 19, 6:15 AM
    • 2,037 Posts
    • 11,964 Thanks
    Nicnak
    Morning all,

    Still waiting for my 215 refund to be returned to me. I suspect now it will be next week. I sent it Monday at 9am so should have been there by latest yesterday. They aren't exactly moving quickly on this.

    I'm tired today. I had a long walk yesterday and a hospital appointment too. They always drain me. I have to walk as well to get there as parking is a bit of a nightmare.

    I'm working at 7pm tonight, and also tomorrow got some bits to do and then I can have a bit of a weekend off. I don't have too many plans, but I will make sure that me and little one still have fun. The weather looks gorgeous so lots of garden fun, I think. I need to mow the lawn today though as it is getting a little bit long. I do need to buy some easter eggs tomorrow, but other than that, not much spending is needed. x
    September 6th 2017 - Updated February 2019
    Credit Card 0 now: 0 Dad 1500 = 200 Consolidation 15,000 = 9,760 Total = 25,330 9,960 61% gone EMF #252 = 100/1000
    Sealed pot challenge #024
    Pay off all your debts by Christmas #071
    • Sunshine girl2
    • By Sunshine girl2 18th Apr 19, 8:00 PM
    • 47 Posts
    • 280 Thanks
    Sunshine girl2
    Have a lovely weekend Nicnak with your little girl. Hope the sun shines as well x
    • Nicnak
    • By Nicnak 18th Apr 19, 8:08 PM
    • 2,037 Posts
    • 11,964 Thanks
    Nicnak
    Have a lovely weekend Nicnak with your little girl. Hope the sun shines as well x
    Originally posted by Sunshine girl2
    Thank you, you too. x
    September 6th 2017 - Updated February 2019
    Credit Card 0 now: 0 Dad 1500 = 200 Consolidation 15,000 = 9,760 Total = 25,330 9,960 61% gone EMF #252 = 100/1000
    Sealed pot challenge #024
    Pay off all your debts by Christmas #071
    • Nicnak
    • By Nicnak 19th Apr 19, 6:50 AM
    • 2,037 Posts
    • 11,964 Thanks
    Nicnak
    Morning all,

    I have heard that the weather is going to be lovely. I mowed the lawn yesterday so that my garden is ready for the lovey weekend and we can go out in it. I do still have the old sofa stacked up though, but i'll just put my back to it so I don't see it.

    The pen refund has been processed and that will show in my account by next friday they have said, which is great.

    I worked last night and so that will also show in my account next week. I have two owed to me from this week.

    Back to work on Tuesday. xx
    September 6th 2017 - Updated February 2019
    Credit Card 0 now: 0 Dad 1500 = 200 Consolidation 15,000 = 9,760 Total = 25,330 9,960 61% gone EMF #252 = 100/1000
    Sealed pot challenge #024
    Pay off all your debts by Christmas #071
    • Nicnak
    • By Nicnak 20th Apr 19, 6:14 AM
    • 2,037 Posts
    • 11,964 Thanks
    Nicnak
    The money came into my account for the pen, and I paid my dad off another 100 leaving my total to 200 that is left. Provided I can stay out of my overdraft this month, then I will be able to have almost a full wage next month. With my working for the exam board this will hopefully be easier.

    I am just off to look at my monthly bills and adjust and see what I have left to come out. Some of my bills like house insurance have been renewed, but have gone up because they sometimes just do!

    I have 15 cash back come through as well so I have paid that into my account and that should be there next week.

    Yesterday, I got given 30 so i bought little one 6 dresses from H&M. They are only a few pounds each, but are perfect for her to go to the park in and running around. She doesn't need expensive things when she just gets them dirty and full of ice cream.

    Today, I need to get some easter eggs. They seem to have sold out of all the smaller ones though so I will need to possibly travel a little further to get some of the smaller eggs, but then I wonder if it is worth the fuel money. I guess I will have to wait and see what I feel like and maybe just stay local.

    Will update signature for dad now. x
    September 6th 2017 - Updated February 2019
    Credit Card 0 now: 0 Dad 1500 = 200 Consolidation 15,000 = 9,760 Total = 25,330 9,960 61% gone EMF #252 = 100/1000
    Sealed pot challenge #024
    Pay off all your debts by Christmas #071
    • Nicnak
    • By Nicnak 20th Apr 19, 6:16 AM
    • 2,037 Posts
    • 11,964 Thanks
    Nicnak
    Total debt is below 10k wow wow wow wow wow!!!!!!

    My car is worth around 5k too so I have some equity in that.
    September 6th 2017 - Updated February 2019
    Credit Card 0 now: 0 Dad 1500 = 200 Consolidation 15,000 = 9,760 Total = 25,330 9,960 61% gone EMF #252 = 100/1000
    Sealed pot challenge #024
    Pay off all your debts by Christmas #071
    • Sunshine girl2
    • By Sunshine girl2 20th Apr 19, 6:21 AM
    • 47 Posts
    • 280 Thanks
    Sunshine girl2
    Great to be under 10k , well done.
    • Nicnak
    • By Nicnak 21st Apr 19, 6:40 AM
    • 2,037 Posts
    • 11,964 Thanks
    Nicnak
    Great to be under 10k , well done.
    Originally posted by Sunshine girl2
    Thank you. xx
    September 6th 2017 - Updated February 2019
    Credit Card 0 now: 0 Dad 1500 = 200 Consolidation 15,000 = 9,760 Total = 25,330 9,960 61% gone EMF #252 = 100/1000
    Sealed pot challenge #024
    Pay off all your debts by Christmas #071
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