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  • FIRST POST
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 24th Sep 17, 1:22 PM
    • 4,129Posts
    • 28,108Thanks
    HairyHandofDartmoor
    Finally Debt Free After 34 Years, But Still Need to Live Frugally
    • #1
    • 24th Sep 17, 1:22 PM
    Finally Debt Free After 34 Years, But Still Need to Live Frugally 24th Sep 17 at 1:22 PM
    My DH and I have been in debt for 34 Years, apart from brief periods, ever since I was offered my first credit card at the tender age of19.

    Our debts were caused by us being impulsive spenders and not being very skilled at budgeting or managing our money, so we know it is our own fault. We always believed that one day we would have more money, mysteriously, and that this would bail us out .

    Our full light bulb moment came when we realised, "What if we never have any more money than we do right now?"

    A couple of years ago we were coping with the minimum payments, but didn't have enough to overpay on any of them. We were forking out £1300 a month in minimum payments, and the interest alone was £1000 a month .

    But then in 2015 our small business started to bring in less, and a family bereavement, and illness affected our ability to work. We could no longer afford the minimum repayments and we were scared we would lose our home. We were stricken with stress and depression .

    Step Change shone a light in the darkness for us and they arranged for us to make token payments of £1 a month to our creditors. This saved our sanity and we were reassured that our home was unlikely to be taken from us.

    My DH recently turned 55 and drew out his pension so that we could make full and final offers to our creditors. All but one accepted an offer of 50% of what we owed (which is all we had to offer). We are continuing negotiations with the final creditor and hope to be debt free by Christmas .

    Being so close to being debt free has made me realise what a heavy burden the debts have been all these years, like living our lives wearing lead boots.

    Once we are debt free we will still need to live very frugally because we have no emergency fund or savings, and our income can be irregular. I hope that starting a diary will help to focus me on frugal living, avoid impulsive spends, and keep my spirits up. Because frugal living can be a lonely and isolating experience.

    This site and Step Change has helped me so much, and I hope that my diary will help to inspire others that it's never too late to change your life .
    Last edited by HairyHandofDartmoor; 18-11-2017 at 9:49 AM.
    My Diary http://forums.moneysavingexpert.com/showthread.php?t=5716867
    Debt in July 2017 = £58,766 DEBT FREE 31 OCTOBER 2017
    NEW GOALS - Build an Emergency Fund & Loss of Income Fund. Then save up for repairs to the house.
    Emergency Fund 1 = £560.59/Emergency Fund 2 = £0.21/Loss of Income Fund £0
Page 107
    • redofromstart
    • By redofromstart 10th Feb 18, 10:07 AM
    • 1,678 Posts
    • 10,075 Thanks
    redofromstart
    Have a lovely Saturday saunter HHOD, hope you find something interesting to read.
    • mummytogirls
    • By mummytogirls 10th Feb 18, 11:16 AM
    • 6,164 Posts
    • 22,548 Thanks
    mummytogirls
    Enjoy your Saturday jaunt HHOD xx
    Mummytogirls x

    £23164.32 - 12/12/10
    £5419.83 - 08/04/18 - 76.61% paid off
    • Purplemumof2
    • By Purplemumof2 10th Feb 18, 11:24 AM
    • 6,070 Posts
    • 22,304 Thanks
    Purplemumof2
    Enjoy your jaunt, hope your cold eases xx
    Official DFW Nerd Club - Member no. 791 - Proud to be dealing with my debts
    MBNA: £6350.00 Cap 1: £407.72 BC: £6224.59
    AFD xxx LTW 4/17
    POAMAYC 2018 #041 PD £5970.32/£7000
    Savings for Christmas £161.42/£365
    20p Savers 2018 £2 Savers 2018 50p Savers 2018 SPC 11 2018 #003
    • Nicnak
    • By Nicnak 10th Feb 18, 11:48 AM
    • 908 Posts
    • 5,053 Thanks
    Nicnak
    Hope you're feeling better soon 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
    • abba1772
    • By abba1772 10th Feb 18, 2:07 PM
    • 4,735 Posts
    • 16,265 Thanks
    abba1772
    Hope your headache shifts soon......enjoy your day out xx
    NEXT TARGET HALIFAX CC WAS July 17 £3572.57 NOW £983.26
    POAMAYC 2011 £6382.66 POAMAYC 2012 £5000.78
    POAMAYC 2013 £3480.04 POAMAYC 2014 £4085.14
    POAMAYC 2015 £7565.24 POAMAYC 2016 £8000.90
    POAMAYC 2017 £7278.80 POAMAYC 2018 £4152.74
    • beanielou
    • By beanielou 10th Feb 18, 2:20 PM
    • 53,979 Posts
    • 213,918 Thanks
    beanielou
    Hope you have a lovely jaunt.
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 11 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.
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 10th Feb 18, 4:07 PM
    • 4,129 Posts
    • 28,108 Thanks
    HairyHandofDartmoor
    Have a lovely day HH

    Hope you're feeling better soon

    x
    Originally posted by WannabeFree
    Have a lovely Saturday saunter HHOD, hope you find something interesting to read.
    Originally posted by redofromstart
    Enjoy your Saturday jaunt HHOD xx
    Originally posted by mummytogirls
    Thanks everyone
    My Diary http://forums.moneysavingexpert.com/showthread.php?t=5716867
    Debt in July 2017 = £58,766 DEBT FREE 31 OCTOBER 2017
    NEW GOALS - Build an Emergency Fund & Loss of Income Fund. Then save up for repairs to the house.
    Emergency Fund 1 = £560.59/Emergency Fund 2 = £0.21/Loss of Income Fund £0
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 10th Feb 18, 4:09 PM
    • 4,129 Posts
    • 28,108 Thanks
    HairyHandofDartmoor
    Enjoy your jaunt, hope your cold eases xx
    Originally posted by Purplemumof2
    Hope you're feeling better soon x.
    Originally posted by Nicnak
    Hope your headache shifts soon......enjoy your day out xx
    Originally posted by abba1772
    Thanks everyone
    My Diary http://forums.moneysavingexpert.com/showthread.php?t=5716867
    Debt in July 2017 = £58,766 DEBT FREE 31 OCTOBER 2017
    NEW GOALS - Build an Emergency Fund & Loss of Income Fund. Then save up for repairs to the house.
    Emergency Fund 1 = £560.59/Emergency Fund 2 = £0.21/Loss of Income Fund £0
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 10th Feb 18, 4:10 PM
    • 4,129 Posts
    • 28,108 Thanks
    HairyHandofDartmoor
    Hope you have a lovely jaunt.
    Originally posted by beanielou
    Thanks beanie
    My Diary http://forums.moneysavingexpert.com/showthread.php?t=5716867
    Debt in July 2017 = £58,766 DEBT FREE 31 OCTOBER 2017
    NEW GOALS - Build an Emergency Fund & Loss of Income Fund. Then save up for repairs to the house.
    Emergency Fund 1 = £560.59/Emergency Fund 2 = £0.21/Loss of Income Fund £0
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 10th Feb 18, 4:31 PM
    • 4,129 Posts
    • 28,108 Thanks
    HairyHandofDartmoor
    Happy Saturday everyone .

    I went to bed so early that I woke up at 7.00am this morning . I had a nice day despite my cold and persistent rain. I spent:

    £2.20 bus
    £2.65 latte
    £15.90 Mr T
    £3 Valentine card for DH
    £5 rubber earring backs

    Mr T was expensive because I got bananas, milk, cheese, cokes, fruit pot, cider and grapes. The grapes are DH's Saturday treat instead of chocolate. So much for only buying fruit and milk on top up shops .

    The earring backs are so I don't lose the silver earrings I bought last week, as I've been afraid to wear them in case I lose them.

    Since I got back I've cleaned out the furry moron (my most hated job ) and put the dishwasher on. Now I just need to empty all the bins before I take it easy.

    I've put a pound back on but I'm not surprised as I've been drinking and eating more due to the stress of DH's hospital visits and DS2's travels . Plus I only did one park walk last week for the same reasons.

    So I need to get serious (again) with my diet. I had to get DS1 some chocolates and I refused a free chocolate sample in the shop . Not only that, I refused a free pretzel sample somewhere else . I'm impressed with my amazing will power .

    So today's meals include:

    Breakfast - oats and skim milk
    Lunch - cheese sandwich & satsuma
    Snack - banana
    Snack - apple
    Dinner - pasta bake
    Drinks - diet coke, tea with skim milk & cider

    If I stick to that then I'll do okay .

    Exercisewise I've done so far: 12,293 steps, 5.30 miles, 24 floors & 19 active minutes.

    I hope you're all having a good Saturday so far
    Last edited by HairyHandofDartmoor; 10-02-2018 at 4:36 PM.
    My Diary http://forums.moneysavingexpert.com/showthread.php?t=5716867
    Debt in July 2017 = £58,766 DEBT FREE 31 OCTOBER 2017
    NEW GOALS - Build an Emergency Fund & Loss of Income Fund. Then save up for repairs to the house.
    Emergency Fund 1 = £560.59/Emergency Fund 2 = £0.21/Loss of Income Fund £0
    • WannabeFree
    • By WannabeFree 10th Feb 18, 5:31 PM
    • 1,534 Posts
    • 13,220 Thanks
    WannabeFree
    Sounds like a nice day HH

    Enjoy your cider

    x
    “Once you hit rock bottom, that's where you perfectly stand; That's your chance of restarting, but restarting the right way.”
    • 117pauline
    • By 117pauline 10th Feb 18, 10:01 PM
    • 649 Posts
    • 7,230 Thanks
    117pauline
    Hi Hairy

    Your diet sounds very healthy.

    I am very overweight and if I am honest, it's down to too large portions and then too regular large treats. As the weather improves though it is easier to control what I eat.

    I have just read a few days of your diary and it has made me smile. I saw my ex today for a cup of tea during which he mentioned he had a pain in his left arm and he said he would get a doctor's appt sometime. So I made it for him and sent him a text. Oh and I ordered his repeat meds as well because I knew he would forget.

    How stupid is that? But I can't turn off the feelings I have for him and it is just second nature to organise his meds etc.

    I wonder if it is most men who feel this way about medication? It seems that often they get older and resent the whole getting older thing. But it sure beats the alternative.

    So I think you both need time to come to terms with the changes that might have to happen. However it's easier said than done.

    Enjoy the rest of your weekend, take care honey
    Pauline
    Don't get it perfect - Get it going
    Better Than Before
    • Nicnak
    • By Nicnak 10th Feb 18, 10:06 PM
    • 908 Posts
    • 5,053 Thanks
    Nicnak
    Love hearing about your Saturdays 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
    • Sun Addict
    • By Sun Addict 10th Feb 18, 10:06 PM
    • 5,729 Posts
    • 37,465 Thanks
    Sun Addict
    I love the sound of your Saturdays out HH. Could you swap your cider for a lower calorie alternative, eg spirit and diet mixer? That said, I prefer my glass of red to a G&T anyday - I sip the wine but could down the G&T in seconds.
    Virtual Sealed Pot 2018 £250.33
    Debt £2500
    May NSDs AFDs
    Weight loss 7/10LBS
    Emergency Fund £2000/£10,000
    • Sun Addict
    • By Sun Addict 10th Feb 18, 10:08 PM
    • 5,729 Posts
    • 37,465 Thanks
    Sun Addict
    Pauline you are NOT very overweight - honestly.
    Virtual Sealed Pot 2018 £250.33
    Debt £2500
    May NSDs AFDs
    Weight loss 7/10LBS
    Emergency Fund £2000/£10,000
    • beanielou
    • By beanielou 10th Feb 18, 10:13 PM
    • 53,979 Posts
    • 213,918 Thanks
    beanielou
    It's not just men who get muddled with their meds.
    I forgot to order one as I thought I had another box so have had to cut dose meantime.
    Will speak to chemist on Monday to see if they can help.
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 11 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.
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 10th Feb 18, 10:14 PM
    • 4,129 Posts
    • 28,108 Thanks
    HairyHandofDartmoor
    Hi Hairy

    Your diet sounds very healthy.

    I am very overweight and if I am honest, it's down to too large portions and then too regular large treats. As the weather improves though it is easier to control what I eat.

    I have just read a few days of your diary and it has made me smile. I saw my ex today for a cup of tea during which he mentioned he had a pain in his left arm and he said he would get a doctor's appt sometime. So I made it for him and sent him a text. Oh and I ordered his repeat meds as well because I knew he would forget.

    How stupid is that? But I can't turn off the feelings I have for him and it is just second nature to organise his meds etc.

    I wonder if it is most men who feel this way about medication? It seems that often they get older and resent the whole getting older thing. But it sure beats the alternative.

    So I think you both need time to come to terms with the changes that might have to happen. However it's easier said than done.

    Enjoy the rest of your weekend, take care honey
    Pauline
    Originally posted by 117pauline
    What I ate today is healthy Pauline, but I can't always keep it up . That is how I try to eat though.

    Men do seem a bit helpless when it comes to sorting their health out. They seem to bury their heads in the sand. I hope your ex appreciates what you did for him.
    My Diary http://forums.moneysavingexpert.com/showthread.php?t=5716867
    Debt in July 2017 = £58,766 DEBT FREE 31 OCTOBER 2017
    NEW GOALS - Build an Emergency Fund & Loss of Income Fund. Then save up for repairs to the house.
    Emergency Fund 1 = £560.59/Emergency Fund 2 = £0.21/Loss of Income Fund £0
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 10th Feb 18, 10:32 PM
    • 4,129 Posts
    • 28,108 Thanks
    HairyHandofDartmoor
    Love hearing about your Saturdays x
    Originally posted by Nicnak
    I love the sound of your Saturdays out HH. Could you swap your cider for a lower calorie alternative, eg spirit and diet mixer? That said, I prefer my glass of red to a G&T anyday - I sip the wine but could down the G&T in seconds.
    Originally posted by Sun Addict


    I usually only have cider once a week SA and I do like the taste. I'm not a massive fan of spirits. If I can stick to my eating plan then I will lose weight. If only stressful things didn't keep happening .

    I know what you mean about downing G&T. I'm like that with cocktails .
    My Diary http://forums.moneysavingexpert.com/showthread.php?t=5716867
    Debt in July 2017 = £58,766 DEBT FREE 31 OCTOBER 2017
    NEW GOALS - Build an Emergency Fund & Loss of Income Fund. Then save up for repairs to the house.
    Emergency Fund 1 = £560.59/Emergency Fund 2 = £0.21/Loss of Income Fund £0
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 10th Feb 18, 10:34 PM
    • 4,129 Posts
    • 28,108 Thanks
    HairyHandofDartmoor
    It's not just men who get muddled with their meds.
    I forgot to order one as I thought I had another box so have had to cut dose meantime.
    Will speak to chemist on Monday to see if they can help.
    Originally posted by beanielou
    Oops beanie, hope you can get it sorted on Monday. It's an easy mistake to make .
    My Diary http://forums.moneysavingexpert.com/showthread.php?t=5716867
    Debt in July 2017 = £58,766 DEBT FREE 31 OCTOBER 2017
    NEW GOALS - Build an Emergency Fund & Loss of Income Fund. Then save up for repairs to the house.
    Emergency Fund 1 = £560.59/Emergency Fund 2 = £0.21/Loss of Income Fund £0
    • 117pauline
    • By 117pauline 10th Feb 18, 10:48 PM
    • 649 Posts
    • 7,230 Thanks
    117pauline
    I admit I use my online calendar to remind me about reordering meds as I do forget otherwise. I have found I am much better at taking my ucky powder in the morning if I put it ready in the glass the night before. It has the consistency of wallpaper paste and I hate taking it although it does help my stomach issues.

    To be honest, I don't know if he appreciates the fact I sorted it for him. But I couldn't not sort it.

    Take care honey
    Pauline
    Don't get it perfect - Get it going
    Better Than Before
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