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  • FIRST POST
    • hugglemonster
    • By hugglemonster 3rd Dec 17, 2:27 PM
    • 381Posts
    • 1,706Thanks
    hugglemonster
    Hugglemonster's homemade happiness diary
    • #1
    • 3rd Dec 17, 2:27 PM
    Hugglemonster's homemade happiness diary 3rd Dec 17 at 2:27 PM
    A new diary for a renewed enthusiasm for clearing the debt, reducing the mortgage and getting my home finished instead of the shambles it's in.

    I have a few bits of debt left after a nice lump sum from my in-laws cleared the main overdraft these are:
    * Hally overdraft currently 1012.19 - need to pay this off first due to the daily fees plus I still seem to pay 30 monthly fee! Need to check that out.
    * MBNA credit card currently 2083.42
    * Car finance last balance on statement in August this year was 9400.36 so 3 other payments since then will have left a balance of 8825.44.
    * Hubby's computer stuff 293.10 - I could save the full balance and pay off.

    I'm aiming to pay off the overdraft, the credit card and hubby's computer stuff at least in 2018, plus I also want to get my ds bedroom finished and my bedroom decorated too.

    On Tuesday I will get CB payment so this will be the last money that is need for dh to go on his trip next week, I also need to use any money between now and Xmas for presents so main focus on debt busting won't be until after the festive season. I will have a budget for each person I need to buy for plus I will be making some items to reduce costs.

    Some good changes for the new year:
    * My repayments to HMRC for overpaid child tax credit ends in January, so an extra 10 a month back in the budget.
    * DS after school club sent home a letter to say their charges are going up from 9 a day to 10.50, after chatting to dh and dd we will pick him up from school between ourselves therefore saving 144 a month based on current fees. I will do a letter for him to take tomorrow to say we are stopping his place and then there will only be 3 weeks left to pay. This will be lots back in the budget!
    * I'm still waiting to hear if I've got an extra day fund through work, this will be lovely!

    So my mission is to ensure that I use ynab properly and stick to budgets plus reduce food expenditure, continue doing surveys and use vouchers/money earned for birthdays and treats, reduce/re-use/recycle, and seek out the best offers/money back/discounts on all purchases.

    H x
    Debt:Overdraft 2 1900 Credit card 2200 now 1600 Car - Purchased 11,518.40 now 6899.04 Barclays loan 3000 now 2981.24
    PAID - Computer 646.52, Overdraft 1 2200
    Emergency fund: 0 General savings: 100
Page 3
    • GlendaSugarbean
    • By GlendaSugarbean 4th Jul 18, 9:04 PM
    • 61 Posts
    • 409 Thanks
    GlendaSugarbean
    Hang on a minute! He is equally guilty of overspending, and you are managing the budget on your own, while spending on school trips and joiners, not hookers and blow. Getting angry at you is NOT ON.
    • hugglemonster
    • By hugglemonster 4th Jul 18, 9:59 PM
    • 381 Posts
    • 1,706 Thanks
    hugglemonster
    Hi Glenda, ah don't worry his anger is more about him realising his own overspending it's not really directed at me. I just choose to ignore him and wait until he sorts himself out !!!55357;!!!56898;

    He is lovely really but I do have to remind him sometimes that I'm his wife not his mother and he's equally responsible for the household - we have a finite budget!

    H x
    Debt:Overdraft 2 1900 Credit card 2200 now 1600 Car - Purchased 11,518.40 now 6899.04 Barclays loan 3000 now 2981.24
    PAID - Computer 646.52, Overdraft 1 2200
    Emergency fund: 0 General savings: 100
    • hugglemonster
    • By hugglemonster 5th Jul 18, 10:53 AM
    • 381 Posts
    • 1,706 Thanks
    hugglemonster
    Good morning, I've just spoken to the bank r.e. a mortgage the maximum they can lend is 90% which based on the approx value of our house is 94500, our current mortgage balance is 96180.75 so not far off but could be better. The valuation of the property is a bit weird, on Z**pla it's saying 136,00 but there's no way it would be valued at that so when we're ready we'll get a valuation from an estate agent I think.

    Realistically we could be there by the new year so it's worth continuing to hit the debt in the mean time and be ready to start after Xmas. It would be great to get on a better interest rate and lower the monthly payments too.

    Keep plodding on!

    Small spend yesterday of a couple of presents ready for 2 sister in laws birthdays this month, I need to get some grow bags as the tomato plants are ready to be transferred. It was lovely yesterday to pick the broad beans fresh from the garden and the garlic is nearly ready too.

    Right time for a cuppa and some more surveys. H x
    Debt:Overdraft 2 1900 Credit card 2200 now 1600 Car - Purchased 11,518.40 now 6899.04 Barclays loan 3000 now 2981.24
    PAID - Computer 646.52, Overdraft 1 2200
    Emergency fund: 0 General savings: 100
    • Purplemumof2
    • By Purplemumof2 5th Jul 18, 1:51 PM
    • 6,179 Posts
    • 22,724 Thanks
    Purplemumof2
    Hi H,

    I can relate with the overspending

    Fingers crossed that you can get a better mortgage rate xx
    Official DFW Nerd Club - Member no. 791 - Proud to be dealing with my debts
    MBNA: 6130.00 Cap 1: 305.35 BC: TBC

    POAMAYC 2018 #041 PD 6559.32/7000
    Savings for Christmas 233.21/365
    20p Savers 2018 2 Savers 2018 50p Savers 2018 SPC 11 2018 #003
    • hugglemonster
    • By hugglemonster 6th Jul 18, 1:13 PM
    • 381 Posts
    • 1,706 Thanks
    hugglemonster
    Well I'm sitting here a bit stunned, I've just had a letter from HMRC to say I'm owed a refund of 1160.80! I've requested it online and should be paid within 5 working days.

    Now the a slight quandary - do I show dh the letter and risk him thinking of many things to use the money for although I would say to him we need to reduce overdraft, pay for the plasterer and leave the rest, or do I not come clean and use the majority to pay the bulk of the credit card that he doesn't know about and pay the plasterer?

    I don't like lying but he never checks the bank statements online so he wouldn't know!

    Hmm decisions, H x
    Debt:Overdraft 2 1900 Credit card 2200 now 1600 Car - Purchased 11,518.40 now 6899.04 Barclays loan 3000 now 2981.24
    PAID - Computer 646.52, Overdraft 1 2200
    Emergency fund: 0 General savings: 100
    • Purplemumof2
    • By Purplemumof2 6th Jul 18, 2:05 PM
    • 6,179 Posts
    • 22,724 Thanks
    Purplemumof2
    It wouldn't technically be lying, just bending the truth a bit

    I'd pay the plasterer and reduce the overdraft if it was me. xx
    Official DFW Nerd Club - Member no. 791 - Proud to be dealing with my debts
    MBNA: 6130.00 Cap 1: 305.35 BC: TBC

    POAMAYC 2018 #041 PD 6559.32/7000
    Savings for Christmas 233.21/365
    20p Savers 2018 2 Savers 2018 50p Savers 2018 SPC 11 2018 #003
    • beanielou
    • By beanielou 9th Jul 18, 10:03 AM
    • 55,505 Posts
    • 222,771 Thanks
    beanielou
    Pay the CC & give yourself peace of mind.
    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.
    • hugglemonster
    • By hugglemonster 10th Jul 18, 10:29 AM
    • 381 Posts
    • 1,706 Thanks
    hugglemonster
    Morning all, an unexpected couple of days at home as unfortunately the car has developed a fault but the garage can't fit me in until Thursday. Breakdown came out on Saturday morning but couldn't find anything on computer system and said should be OK to drive until Thurs but last night when I was nearly home another engine light came on! Hoping it's nothing major as I really would like the tax money to be used wisely.

    I have told dh about the money and although he mentioned about carpet on the stairs (we've had no carpet for years but I'm not paying for that until upstairs is finished) he did agree to reduce overdraft. He hasn't mentioned it since though so I think I will put a lump sum on credit card and reduce a bit of the overdraft too - after I find out what's happening with the car.

    I have caught up with a few surveys this morning, I was due to go and see a business adviser tomorrow r.e the business but now can't get there - there is a train but I can't afford it at present.

    So plans for today:
    * Vacuum throughout house - done
    * Make thai chicken cakes - done
    * Get through ironing mountain
    * Go for a run
    * Start developing volunteer pack for work and posters
    * Send report for meeting I can't get to tomorrow
    * Update banking

    H x
    Last edited by hugglemonster; 10-07-2018 at 12:32 PM.
    Debt:Overdraft 2 1900 Credit card 2200 now 1600 Car - Purchased 11,518.40 now 6899.04 Barclays loan 3000 now 2981.24
    PAID - Computer 646.52, Overdraft 1 2200
    Emergency fund: 0 General savings: 100
    • hugglemonster
    • By hugglemonster 11th Jul 18, 12:37 PM
    • 381 Posts
    • 1,706 Thanks
    hugglemonster
    Another day, another bit nearer to debt freedom although I'm not in an entirely positively frame of mind today - feel a bit blah! I am trying to counteract it though.

    I didn't manage all my list yesterday so need to make sure I do the report (meeting is not until this evening) and some the posters for translation before sharing/printing plus start on the volunteer pack. I also need to make roast tomato soup and foccacia for tea.

    Quite a few surveys completed this morning and a small payout requested, no sign of the tax rebate hopefully should be tomorrow.

    I need to make a list of all the planned expenditure for the next couple of months to make sure we don't forget:
    * DD new school uniform - school has completely changed the uniform so everything needed, blazer, shirts, trousers, tie, shoes.
    * DD summer shoes, check summer clothes
    * DS shoes and trainers
    * DS room plastered (will only do if can afford it)
    * Car to have service and MOT - we pay a service charge so should be free, I'll book it in when I take car to garage tomorrow.
    * DS birthday

    Also to be aware of in the near future:
    * Pay off rest of ds school trip by Nov '18 - 200
    * DD birthday November
    * We are having a small break to Denmark in Feb 2019, the hotel has been booked but don't need to pay until we're there but the breakdown is - 600 hotel, 250 flights if we book soon, spending money, kids passports @ 49 each, travel insurance.
    * Xmas - I currently have over 200 saved in 2 coins to go towards this, I would rather have a cheap Xmas and look forward to our break.

    I think I need to sit with dh and show him so he realises that we can't just go month to month and pay for things as they come up but plan and be ready for them.

    Right lunch time then start on volunteer pack.

    H x
    Debt:Overdraft 2 1900 Credit card 2200 now 1600 Car - Purchased 11,518.40 now 6899.04 Barclays loan 3000 now 2981.24
    PAID - Computer 646.52, Overdraft 1 2200
    Emergency fund: 0 General savings: 100
    • hugglemonster
    • By hugglemonster 12th Jul 18, 8:48 PM
    • 381 Posts
    • 1,706 Thanks
    hugglemonster
    Ah so the money comes in one hand, cleared in the bank today, and out the other as car is going to cost 450!! I don't get it back until at least Tuesday so working from home for a few days. One day we will actually be able to have some money for ourselves. Surprisingly I'm not too despondent about it as I'm glad it was there and not have to dig around for pennies, anyway yesterday I started writing a calendar of all the things that need to be paid as listed above and I've allocated a month for them.

    July pay - DD summer clothes/shoes budget 100, DS shoes/trainers budget 50, Flights 250, travel ins not much.

    August - DD school uniform 100, DS birthday 75, Home insurance - planning to pay in full, current quote 85-100, Holiday 100.

    September - Plasterer 200, Hols 100

    October - DS trip final balance 200, Hols 100

    November - DD birthday 75, Kids passports 98, Hols 100

    December - Xmas, Hols 100

    January - Hols 100

    February - Holiday.

    I'm still planning on paying off the credit card and also reducing the overdraft each month, need to stop messing around and hit it hard. I need to be in a better position by the new year!

    Still have quite a bit of food from this week's menu so a couple of extra days not to buy for, chicken and fish out of freezer to make fishfingers/chicken gojouns for tomorrow evening.

    H x
    Last edited by hugglemonster; 12-07-2018 at 8:53 PM.
    Debt:Overdraft 2 1900 Credit card 2200 now 1600 Car - Purchased 11,518.40 now 6899.04 Barclays loan 3000 now 2981.24
    PAID - Computer 646.52, Overdraft 1 2200
    Emergency fund: 0 General savings: 100
    • hugglemonster
    • By hugglemonster 13th Jul 18, 11:28 AM
    • 381 Posts
    • 1,706 Thanks
    hugglemonster
    Morning all, day off today so had a catch up with a friend and then got a couple of bits to go with tea. I have made myself feel better by paying 80 off the credit card so this leaves 1600, I want to pay it off by January which means I need to pay 267 a month to clear it - I'm sure this can be achieved and I really want it to be gone before we remortgage.

    As the statement date is in the middle of the month my record will be across the same period, next statement is 16th July so my first goal is:

    16th July - 15th August 0/267

    Back later, H x
    Debt:Overdraft 2 1900 Credit card 2200 now 1600 Car - Purchased 11,518.40 now 6899.04 Barclays loan 3000 now 2981.24
    PAID - Computer 646.52, Overdraft 1 2200
    Emergency fund: 0 General savings: 100
    • Purplemumof2
    • By Purplemumof2 13th Jul 18, 1:50 PM
    • 6,179 Posts
    • 22,724 Thanks
    Purplemumof2
    Hi H,

    Well done on the payments and I hope you're having a nice day off xx
    Official DFW Nerd Club - Member no. 791 - Proud to be dealing with my debts
    MBNA: 6130.00 Cap 1: 305.35 BC: TBC

    POAMAYC 2018 #041 PD 6559.32/7000
    Savings for Christmas 233.21/365
    20p Savers 2018 2 Savers 2018 50p Savers 2018 SPC 11 2018 #003
    • hugglemonster
    • By hugglemonster 16th Jul 18, 7:17 PM
    • 381 Posts
    • 1,706 Thanks
    hugglemonster
    Good evening, had a good day with lots of exercise (this is part of my job so need to get on with training) - got the car back and cost slightly less at 409 as we have a service plan so get a discount, still a lot of money. I have booked it in for it's service and MOT for a few weeks time.

    Expenses still to be paid in to bank and still waiting for credit card statement, I get child benefit in tomorrow so as soon as the statement comes then I can pay a lump sum.

    Kids have 4 days left at school then holidays, will be lovely to spend some time with them.

    That's it, nothing exciting but sometimes that's a good thing.

    H x
    Debt:Overdraft 2 1900 Credit card 2200 now 1600 Car - Purchased 11,518.40 now 6899.04 Barclays loan 3000 now 2981.24
    PAID - Computer 646.52, Overdraft 1 2200
    Emergency fund: 0 General savings: 100
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