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    • HairyHandofDartmoor
    • By HairyHandofDartmoor 24th Sep 17, 1:22 PM
    • 4,426Posts
    • 30,682Thanks
    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.
    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
Page 122
    • Sun Addict
    • By Sun Addict 12th Mar 18, 8:41 PM
    • 5,832 Posts
    • 38,535 Thanks
    Sun Addict
    Glad to hear you finally got your Saturday ramble and latte and that you enjoyed your meal out

    Takes time to build your strength back, take care xx
    Virtual Sealed Pot 2018 £296.07
    Debt £2400
    June 4 NSDs 4 AFDs
    Weight loss 0.5/6LBS
    Emergency Fund £2000/£10,000
    • beanielou
    • By beanielou 12th Mar 18, 8:48 PM
    • 55,005 Posts
    • 219,600 Thanks
    beanielou
    I am now very lucky to get one a week sadly
    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.
    • WannabeFree
    • By WannabeFree 12th Mar 18, 9:25 PM
    • 1,612 Posts
    • 14,074 Thanks
    WannabeFree
    Sounds like you had a lovely weekend, glad DS's remembered mothers day

    x
    “Once you hit rock bottom, that's where you perfectly stand; That's your chance of restarting, but restarting the right way.”
    • Seasidegal58
    • By Seasidegal58 13th Mar 18, 10:36 PM
    • 1,980 Posts
    • 12,240 Thanks
    Seasidegal58
    Hoorah - you finally got our for your Saturday ramble!

    You sounded like you really enjoyed your Mother's Day - lovely that the boys spoiled you!

    Take it easy workwise though - you'll get back to normal soon.
    Finally Debt Free! - July 2016
    Finished Emergency Fund- £10,000 April 2017

    Next Scrimpy Goal - Ad Hoc Savings - 20/05/2018: £646.59
    MONTHS TO RETIREMENT: 35!
    My diary: “Paid off the £31,0000! BUT- still scrimping!”
    • 117pauline
    • By 117pauline 13th Mar 18, 11:09 PM
    • 653 Posts
    • 7,281 Thanks
    117pauline
    I'm hoping that with the improvement in the weather, we would all feel better and more energised but I see they are now threatening snow again at the weekend.

    Unfortunately I am still off eating and drinking as nothing seems to taste right. How can I not want tea? Surely there is a law against such sacrilege?

    You know, the work will wait for you

    Take care honey, say hello to the family
    Pauline
    Don't get it perfect - Get it going
    Better Than Before
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 14th Mar 18, 6:43 PM
    • 4,426 Posts
    • 30,682 Thanks
    HairyHandofDartmoor
    Lucky, you will get more than me.
    I hardly seem to get any since DS left home & there is only the cat & I
    Originally posted by beanielou
    I don’t get a survey every day, but I probably get 3 or 4 a week. I get lots about what I watched on tv the day before, and then another usually follows on from that.
    Originally posted by please-let-me-be-lucky
    I am now very lucky to get one a week sadly
    Originally posted by beanielou
    I'm lucky if I get one YG survey a fortnight. As soon as the DC all turned eighteen they didn't want to know me any more
    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
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 14th Mar 18, 6:44 PM
    • 4,426 Posts
    • 30,682 Thanks
    HairyHandofDartmoor
    Glad to hear you finally got your Saturday ramble and latte and that you enjoyed your meal out

    Takes time to build your strength back, take care xx
    Originally posted by Sun Addict
    Sounds like you had a lovely weekend, glad DS's remembered mothers day

    x
    Originally posted by WannabeFree
    Hoorah - you finally got our for your Saturday ramble!

    You sounded like you really enjoyed your Mother's Day - lovely that the boys spoiled you!

    Take it easy workwise though - you'll get back to normal soon.
    Originally posted by Seasidegal58
    Thanks all . I do enjoy my Saturdays (when I get them).
    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
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 14th Mar 18, 6:49 PM
    • 4,426 Posts
    • 30,682 Thanks
    HairyHandofDartmoor
    I'm hoping that with the improvement in the weather, we would all feel better and more energised but I see they are now threatening snow again at the weekend.

    Unfortunately I am still off eating and drinking as nothing seems to taste right. How can I not want tea? Surely there is a law against such sacrilege?

    You know, the work will wait for you

    Take care honey, say hello to the family
    Pauline
    Originally posted by 117pauline
    Our weather is awful today, it's been chucking it down all day . I hope yours is better Pauline.

    I'm drinking tea again now, but still not enjoying it as much as I used to . We'll get better eventually (I hope).

    I've started taking a multivitamin and multimineral tablet every day in the hope that it will pep me up a bit..

    I'm vegetarian so may be lacking certain vitamins and I hardly get any sunlight. I feel like a vampire/troglodity 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
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 14th Mar 18, 7:30 PM
    • 4,426 Posts
    • 30,682 Thanks
    HairyHandofDartmoor
    It's been a busy Wednesday so far!

    Mr T this morning where £74.63 was spent, which is virtually within budget . Also spent £6 on a storage box for the office and printer paper, but that's a business expense so doesn't count.

    It's been chucking it down with rain ALL day today, so got back with about ten soggy bags which needed to be hung off various door handles/chairs to dry. If I pack them away wet they develop an nasty smell .

    Then we had to tackle DS3's student finance which took hours and made me lose the will to live . We still need to post his birth certificate as proof of identity as he doesn't have an up to date passport, plus a proof of identity form has to be countersigned . So DH is at our friends' house again tonight (asking the hubby for a change this time and bearing beer as a thank you/bribe).

    Anyway it looks as if DS3 will be eligible for a full bursary based on our pathetically inadequate income, so that will be very helpful for him . .

    Now I'm cooking dinner but feel shattered!

    I want to go to my volunteering tomorrow as I've missed four weeks (it would have been six but it was half term plus a snow day). I still feel tired but I don't want them to think I'm completely unreliable. Hopefully I'll only be hearing children read which won't require much mental or physical effort from me. Last time I went the children were making bread, which was fun but rather exhausting .

    I'm feeling stronger every day, that's the main thing. I hope everyone is having a good day .
    Last edited by HairyHandofDartmoor; 14-03-2018 at 7:33 PM.
    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
    • beanielou
    • By beanielou 14th Mar 18, 7:32 PM
    • 55,005 Posts
    • 219,600 Thanks
    beanielou
    Enjoy your volunteering tomorrow
    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 14th Mar 18, 7:34 PM
    • 4,426 Posts
    • 30,682 Thanks
    HairyHandofDartmoor
    Enjoy your volunteering tomorrow
    Originally posted by beanielou
    Thanks Beanie I usually do .
    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
    • Seasidegal58
    • By Seasidegal58 14th Mar 18, 8:09 PM
    • 1,980 Posts
    • 12,240 Thanks
    Seasidegal58
    The vitamins sound a good idea Hairy whilst you're still feling under par.

    And great news for DS3 on the bursary!. You're right - it will be a great help.

    Hope it's the reading that's on the cards at the volunteering tomorrow, rather than the bread kneading!
    Finally Debt Free! - July 2016
    Finished Emergency Fund- £10,000 April 2017

    Next Scrimpy Goal - Ad Hoc Savings - 20/05/2018: £646.59
    MONTHS TO RETIREMENT: 35!
    My diary: “Paid off the £31,0000! BUT- still scrimping!”
    • beanielou
    • By beanielou 14th Mar 18, 8:25 PM
    • 55,005 Posts
    • 219,600 Thanks
    beanielou
    Oh & good news on bursary for DS.
    Every little helps
    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 14th Mar 18, 9:26 PM
    • 4,426 Posts
    • 30,682 Thanks
    HairyHandofDartmoor
    The vitamins sound a good idea Hairy whilst you're still feling under par.

    And great news for DS3 on the bursary!. You're right - it will be a great help.

    Hope it's the reading that's on the cards at the volunteering tomorrow, rather than the bread kneading!
    Originally posted by Seasidegal58
    I hope so too

    Oh & good news on bursary for DS.
    Every little helps
    Originally posted by beanielou
    We don't know for certain he'll get the bursary, but based on our income he should be eligible for it, so fingers crossed .
    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
    • beanielou
    • By beanielou 14th Mar 18, 9:33 PM
    • 55,005 Posts
    • 219,600 Thanks
    beanielou
    My DS got his ok but of course we are in Scotland.
    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.
    • Cumbria lass
    • By Cumbria lass 15th Mar 18, 6:26 AM
    • 1,905 Posts
    • 11,544 Thanks
    Cumbria lass
    Happy volunteering today HH. Glad you are on the up and up.
    CC1 £3475 May 2018
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 15th Mar 18, 3:10 PM
    • 4,426 Posts
    • 30,682 Thanks
    HairyHandofDartmoor
    Happy volunteering today HH. Glad you are on the up and up.
    Originally posted by Cumbria lass
    Thanks Cumbria
    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
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 15th Mar 18, 3:16 PM
    • 4,426 Posts
    • 30,682 Thanks
    HairyHandofDartmoor
    Happy Thursday everyone .

    I slept really badly last night, partly because I knew I had to get up early . I didn't feel like going to my volunteering this morning but I forced myself to go and when I got there I really enjoyed it.

    I managed some work this afternoon too. I'm getting stronger every day.

    It's been a NSD so far and I did a rare YG survey.

    I hope everyone is having a good day today.
    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
    • 117pauline
    • By 117pauline 15th Mar 18, 3:32 PM
    • 653 Posts
    • 7,281 Thanks
    117pauline
    I take Vitamin B12 and D supplements which do seem to help. I noticed a huge difference after about a month of taking them.

    After one beautiful bright sunny day we are now back to cold, dull and rainy. My 1p each violas have been watered, deadheaded and looking beautiful, just waiting till the weather is a bit more settled.

    Is there anything nicer than sitting with a child and a book? Seeing the excitement when they find they can read. Brilliant.

    I am 600 points away from payout for yougov. I have found that if you do the directors cut and the prize draw surveys, you get more ordinary ones.

    Good that you are starting to feel brighter

    Take care honey
    Pauline
    Don't get it perfect - Get it going
    Better Than Before
    • beanielou
    • By beanielou 15th Mar 18, 3:55 PM
    • 55,005 Posts
    • 219,600 Thanks
    beanielou
    What is the directors cut on You Gov please?
    Seem to have missed that.
    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.
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