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  • FIRST POST
    • ohbumstoitall
    • By ohbumstoitall 12th Feb 18, 11:10 AM
    • 85Posts
    • 108Thanks
    ohbumstoitall
    I've mucked up. Really badly.
    • #1
    • 12th Feb 18, 11:10 AM
    I've mucked up. Really badly. 12th Feb 18 at 11:10 AM
    I was doing reasonably well, I was keeping afloat and not accruing more debt.

    Since December 1st I've put £10,000 on my Amex. I can't tell you what I've been doing, I feel sick. I have these episodes. I've bought thousands of pounds of makeup, I've bought online services for things I don't need. I've just not stopped.

    It's not interest free, the rest of my debt is but 10k is a quarter now of what I owe. The monthly payment is £400. I can't get a CCJ or go bankrupt because of my job.

    I cannot tell my husband. I categorically cannot tell him. To put it bluntly he will leave me and I'm not telling him. We've been through this many many times before and each time he forgives me. I know the advice will be to tell him but I'm not going to, he's in his last year of university and he will get really stressed, I've made this mess and I'm not going to share it with him.

    I just need to tell someone (ie the internet) and work out how to pay back 10k without using any of the household money. If I don't do this I can see in 4 month's we'll start not having enough money to pay our bills.
Page 4
    • ohbumstoitall
    • By ohbumstoitall 14th Feb 18, 4:43 PM
    • 85 Posts
    • 108 Thanks
    ohbumstoitall
    Hi,
    Is there any reason why you would want to get credit / more credit again?
    To me it feels like you should just bite the bullet and go into a DMP. Cut your payments down to a realistic level and run a budget which works for you all so that you can live and not struggle. If you are going to get to this point in July possibly anyway, you might as well start now, as the sooner you can get the ball rolling and get things defaulted, the sooner the defaulted debts will drop off your credit file.

    Hugs to you.
    Originally posted by ramblehan
    Would like to own a house one day, having dogs and renting is awkward - we're stuck in this small house because no one will take dogs. Owning would remove that inflexibility. But obviously we cannot afford that. I see a lot of my friends owning houses and I'm stuck in a rented house with broken double glazing
    • enthusiasticsaver
    • By enthusiasticsaver 14th Feb 18, 4:47 PM
    • 6,266 Posts
    • 12,467 Thanks
    enthusiasticsaver
    I am staggered that a dog walker charges £88 for just once a week walk. Is that £22 per hour?

    As you can see your outgoings are more than your income. You only have two choices really. Either you bite the bullet now and go on to a DMP or you cut as much as possible and up income somehow to get to a point where your income at least matches your expenses. If not, your debt will increase and you will struggle on for a few years until the debt gets much higher. Of course if your OH gets a good paying job after finishing Uni then this will improve the situation. Doing a masters seems completely unaffordable though.

    There are a lot of ways your outgoings can be cut but I have a feeling some may be non negotiable (dog walkers and cleaner) so realistically a DMP may be the best option. However I am not sure what costs are allowed for pets/cleaners etc so you may have to go the self managed route.
    Debt free and mortgage free and early retiree. Living the dream

    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
    • Tigger looks bigger
    • By Tigger looks bigger 14th Feb 18, 5:02 PM
    • 9 Posts
    • 16 Thanks
    Tigger looks bigger
    A prescription repayment certificate will save you money if the prescriptions in your budget are just for you.
    Originally posted by SuperMoose
    Second this, works out as £10 ish a month.

    Also might be worth applying for a hc2 (sorry can't link as new user.... hmm hahaha)
    I've no idea if you'd qualify as they don't give exact figures but they do take more things into account than means tested benefits.

    Could you try the free spotify? It does have ads and the song choice isn't exact. We switched to it last year and have been happy with it.

    How much can you get the dogs insurance without the add ons? I get my animals deflea and dewormer online and it saves loads. Can you get clippers to do the dogs nails yourself? Also do you use zooplus for food? I've found it's much cheaper than supermarkets.
    • a_silver_lining
    • By a_silver_lining 14th Feb 18, 7:39 PM
    • 193 Posts
    • 618 Thanks
    a_silver_lining
    I!!!8217;m wondering if it would be worth your OH taking a year out of uni to work in a low level HR or admin role within a company he would like to work in the future in. Two weeks work experience really is nothing. He wouldn!!!8217;t have been given any real responsibility or workload and so would have an idealistic view on working there. I also did an undergraduate and decided not to pursue it as a career.

    This is not a judgement by the way. I speak from my experience. I did three placements, a few weeks, 6 months and 9 months and then went to a job within the area of the shortest placement thinking that was a dream job. Cut a long story short, I was wrong and would have been gutted if I had spent an extra year studying for it and building up my debt.

    Well done on giving some thought to the suggestions people are giving you by the way. I get that it is hard to think of making changes to your life that are luxuries which make it better. I think you can see that your level of debt is just going to increase over time, especially if you OH does a masters. Then you could be facing being made bankrupt and not a DMP.
    19/12/14: Spent 10 years of savings!!
    ..... to buy my first home.

    2018: 900 savings, 795 emergency fund--- Family Loan (3000 direct + 1750 saver) 4750/10K paid 47.5%
    #38 1% Challenge: £514.70/ £2018, now at 25%!
    • Mostly_Zen
    • By Mostly_Zen 14th Feb 18, 10:19 PM
    • 2 Posts
    • 3 Thanks
    Mostly_Zen
    Hi OhBumsToItAll,

    I read what has been going on in your life and registered an account so I could reply. The reason I registered was, you talked about having "episodes" where you spend an awful lot of money in your first post. I work as a psychologist, and was wondering what else happens during these episodes?

    Do you have times when your mood is really high (feeling really great and overconfident?) do you barely need to sleep at these times? Are these the same times when you spend excessively? If so, there is a possibility you might be experiencing some form of bipolar difficulty. Its really worth going to your GP and getting referred for an assessment if you think this sounds like the problems you are having.

    These kinds of things can be scary to face up to, but if you are able to, you might be able to get some help to address the root cause of the problem as well as either some psychotherapy, or medicine, or a combination of the two. Of course, you may not be bipolar at all - I have never met you and diagnosing over the internet is not wise - although it does sound like it could be.

    In any case, I would follow the advise of the others also:

    1) Cut up all the credit cards and bin the pieces
    2) Delete any apps you can spend with, and remove CC information from your browser and phone
    3) See how many of the things you have bought recently you can return? Some things can be returned within 21 days - you could potentially get £100s back this way. My wife returns things like clothes she has bought online fairly often.
    4) Only once you have checked all the things you can return should you consider selling things
    5) Get a cheaper dog walker
    6) Make sure you make the minimum payments
    7) Hurl as much cash as you can at the highest interest card first
    8) As each card is paid - CLOSE THE CREDIT CARD DOWN
    9) If needed, consider balance transfers from high interest to 0% - this is going to take a while
    10) If two cards are at 0%, consider paying the smallest debt first, for the psychological boost - this will help you to keep going

    Finally, try to be kind to yourself - we are all imperfect, and this world is hard enough without us being down on ourselves. Eventually, when you feel comfortable and able to do so, consider telling your husband what has happened. He needs to understand about whatever emotional difficulties you are facing that are leading to so much spending and debt, and if he loves you, which I'm sure he does, he will surely understand.

    Good luck!
    • Mostly_Zen
    • By Mostly_Zen 14th Feb 18, 10:23 PM
    • 2 Posts
    • 3 Thanks
    Mostly_Zen
    Oh, I meant to add - I have known people who do have bipolar disorder to get a letter from a psychiatrist, stating that they were very unwell at the time of their spending spree, and have certain debts written off as a result - if you do think it sounds as though this is you, its certainly worth exploring.
    • Candyapple
    • By Candyapple 15th Feb 18, 11:56 AM
    • 2,774 Posts
    • 2,100 Thanks
    Candyapple
    Yes Barclaycard I know do it, I've got £600 "free" on the BC at the moment but obviously that doesn't really help at the moment. No offers I can see at the moment. I'll close the TSB one down as that will reduce my available credit which is a good thing. Doesn't help my ratio though but not sure anything would help apart from winning the lottery. I do have a halifax offer but no credit to transfer unfortunately.
    Originally posted by ohbumstoitall

    Barclaycard, Halifax and Tesco credit cards you can increase your credit limits online, and all 3 offer regular 0% deals. Barclaycard offer them monthly - log into your online account to check.
    Originally posted by Candyapple

    Have you tried doing this yet?

    Just make sure that if you do get any increases and transfer over the Amex balance that in turn you contact Amex and ask them to reduce your limit just so that you don't get tempted to spend what you have saved. The aim of this exercise is to move as much of your interest bearing debt onto a 0% deal.
    I'm a Board Guide on the Credit Cards, Loans, Credit Files & Ratings boards. I'm a volunteer to help the boards run smoothly, and I can move and merge threads there. Any views are mine and not the official line of moneysavingexpert.com
    • Ian 875
    • By Ian 875 15th Feb 18, 1:46 PM
    • 29 Posts
    • 10 Thanks
    Ian 875
    You sound exactly like my husband! Can I ask, how you managed to get the job on an IT service desk? Did you have an interest in tech.
    Originally posted by ohbumstoitall
    No more of an interest that any other person. It's not really IT skills that are needed, just an ability to answer the phone. You really just pick the rest of it up.

    Look for 1st Line stuff (keywords Service Desk, Helpdesk, Customer Service). Try and get in with a big company that's hiring as they're much more willing to take people with no skill as long as they come across properly. The place I was at had 65 people answering the phones so it was much easier to ask for help and constantly learn new stuff, whereas the place I'm at now has 3 people, so obviously no room for unskilled people.

    Companies to look for would be Atos, HP, Daisy. Atos in particular (although they're a morally bankrupt company) have loads of accounts at every level, and to be honest during my time there I saw them hire people with little more than a pulse! Even so, having left uni with no transferable skills and staring down the barrel of a life back in retail, I was happy with the £17k a year starting pay (in the North). Primary Education really only trains you to do one job, and when you decide to not do that job the sad fact is - at least in my case - the degree has been almost worthless. It sounds like your husband is in the same boat I was.

    Attitude trumps experience most of the time with these big contracts, as the people interviewing you normally don't have any IT skill themselves, they're hiring managers.
    Last edited by Ian 875; 15-02-2018 at 1:48 PM.
    • ohbumstoitall
    • By ohbumstoitall 15th Feb 18, 3:17 PM
    • 85 Posts
    • 108 Thanks
    ohbumstoitall
    I am staggered that a dog walker charges £88 for just once a week walk. Is that £22 per hour?

    As you can see your outgoings are more than your income. You only have two choices really. Either you bite the bullet now and go on to a DMP or you cut as much as possible and up income somehow to get to a point where your income at least matches your expenses. If not, your debt will increase and you will struggle on for a few years until the debt gets much higher. Of course if your OH gets a good paying job after finishing Uni then this will improve the situation. Doing a masters seems completely unaffordable though.

    There are a lot of ways your outgoings can be cut but I have a feeling some may be non negotiable (dog walkers and cleaner) so realistically a DMP may be the best option. However I am not sure what costs are allowed for pets/cleaners etc so you may have to go the self managed route.
    Originally posted by enthusiasticsaver
    They charge £11 per dog. We have two so its £22 a week but they tend to be out for about two hours really. There were other dog walkers who charged 50% for the second dog but we went with this particular company because they take the dogs off through fields, forests and generally wear them out.

    We found one Masters locally thats 6k so there is 4k from the student finance for living plus part time work. That would be doable but the rest of the courses are 10k which swallows all of the student finance. There is also the option of part time. To be honest, the HR Masters is more of a "if I can't get a job" option and he does want to go into full time work.
    • ohbumstoitall
    • By ohbumstoitall 15th Feb 18, 3:22 PM
    • 85 Posts
    • 108 Thanks
    ohbumstoitall
    Second this, works out as £10 ish a month.

    Also might be worth applying for a hc2 (sorry can't link as new user.... hmm hahaha)
    I've no idea if you'd qualify as they don't give exact figures but they do take more things into account than means tested benefits.

    Could you try the free spotify? It does have ads and the song choice isn't exact. We switched to it last year and have been happy with it.

    How much can you get the dogs insurance without the add ons? I get my animals deflea and dewormer online and it saves loads. Can you get clippers to do the dogs nails yourself? Also do you use zooplus for food? I've found it's much cheaper than supermarkets.
    Originally posted by Tigger looks bigger
    The dogs insurance I paid for a year in advance so I can't remember and it might go up. I'd expect it to be around £40 for the pair using Animal Friends (life time insurance etc). I worked out how much it would cost to deflea and deworm myself and using the same products it worked out more expensive to buy it. Another thing is, we also get 20% off spaying if we have the package so all in all I think it works out at good value. I've tried to clip the dogs claws before and they don't let me do it. I don't know why!

    I have looked at zooplus before but they don't do the food I use and whilst I know its expensive, I just get stuck in a maze of different foods and panic
    • ohbumstoitall
    • By ohbumstoitall 15th Feb 18, 3:23 PM
    • 85 Posts
    • 108 Thanks
    ohbumstoitall
    I!!!8217;m wondering if it would be worth your OH taking a year out of uni to work in a low level HR or admin role within a company he would like to work in the future in. Two weeks work experience really is nothing. He wouldn!!!8217;t have been given any real responsibility or workload and so would have an idealistic view on working there. I also did an undergraduate and decided not to pursue it as a career.

    This is not a judgement by the way. I speak from my experience. I did three placements, a few weeks, 6 months and 9 months and then went to a job within the area of the shortest placement thinking that was a dream job. Cut a long story short, I was wrong and would have been gutted if I had spent an extra year studying for it and building up my debt.

    Well done on giving some thought to the suggestions people are giving you by the way. I get that it is hard to think of making changes to your life that are luxuries which make it better. I think you can see that your level of debt is just going to increase over time, especially if you OH does a masters. Then you could be facing being made bankrupt and not a DMP.
    Originally posted by a_silver_lining
    Well there is also the option of open university, and I do think he needs to get a job as well - I've just tried to be supportive as he's got such little ambition and self confidence. So I encourage him to pursue whatever dream he thinks he has.
    • ohbumstoitall
    • By ohbumstoitall 15th Feb 18, 3:27 PM
    • 85 Posts
    • 108 Thanks
    ohbumstoitall
    Hi OhBumsToItAll,

    I read what has been going on in your life and registered an account so I could reply. The reason I registered was, you talked about having "episodes" where you spend an awful lot of money in your first post. I work as a psychologist, and was wondering what else happens during these episodes?

    Do you have times when your mood is really high (feeling really great and overconfident?) do you barely need to sleep at these times? Are these the same times when you spend excessively? If so, there is a possibility you might be experiencing some form of bipolar difficulty. Its really worth going to your GP and getting referred for an assessment if you think this sounds like the problems you are having.

    These kinds of things can be scary to face up to, but if you are able to, you might be able to get some help to address the root cause of the problem as well as either some psychotherapy, or medicine, or a combination of the two. Of course, you may not be bipolar at all - I have never met you and diagnosing over the internet is not wise - although it does sound like it could be.

    In any case, I would follow the advise of the others also:

    1) Cut up all the credit cards and bin the pieces
    2) Delete any apps you can spend with, and remove CC information from your browser and phone
    3) See how many of the things you have bought recently you can return? Some things can be returned within 21 days - you could potentially get £100s back this way. My wife returns things like clothes she has bought online fairly often.
    4) Only once you have checked all the things you can return should you consider selling things
    5) Get a cheaper dog walker
    6) Make sure you make the minimum payments
    7) Hurl as much cash as you can at the highest interest card first
    8) As each card is paid - CLOSE THE CREDIT CARD DOWN
    9) If needed, consider balance transfers from high interest to 0% - this is going to take a while
    10) If two cards are at 0%, consider paying the smallest debt first, for the psychological boost - this will help you to keep going

    Finally, try to be kind to yourself - we are all imperfect, and this world is hard enough without us being down on ourselves. Eventually, when you feel comfortable and able to do so, consider telling your husband what has happened. He needs to understand about whatever emotional difficulties you are facing that are leading to so much spending and debt, and if he loves you, which I'm sure he does, he will surely understand.

    Good luck!
    Originally posted by Mostly_Zen
    Thank you for your reply, I've been referred 3 x times. Firstly it was at the primary mental health service in Leeds but the psych decided maybe borderline personality disorder (not definitive) and i had no fixed identity. I then had support throughout my pregnancy. I was then referred when my son was little and no outcome. I then was referred again a couple of years ago and met with the director of a the mental health service in my town who said I was very together and showed no signs of anything wrong apart from anger issues.

    So..... who knows.
    • ohbumstoitall
    • By ohbumstoitall 15th Feb 18, 3:28 PM
    • 85 Posts
    • 108 Thanks
    ohbumstoitall
    Have you tried doing this yet?

    Just make sure that if you do get any increases and transfer over the Amex balance that in turn you contact Amex and ask them to reduce your limit just so that you don't get tempted to spend what you have saved. The aim of this exercise is to move as much of your interest bearing debt onto a 0% deal.
    Originally posted by Candyapple
    I should really log on and decrease my limit (its 13k) but a voice in the back of my head tells me i might need it one day even though i know thats not true
    • motivated
    • By motivated 15th Feb 18, 3:33 PM
    • 2,193 Posts
    • 4,262 Thanks
    motivated
    I should really log on and decrease my limit (its 13k) but a voice in the back of my head tells me i might need it one day even though i know thats not true
    Originally posted by ohbumstoitall

    Hi ohbumstoitall (Love the username)

    I understand your worries about the unused credit you have. I was in the same boat last year. I kept thinking the same as you and was balance transferring thinking I was doing ok. I clearly wasn't and was making things worse. Then I finally bit the bullet and decreased them to take away the temptation. I've not looked back and don't miss my CCs one bit.

    I now know how to live within my means and it took me years to get my head round it too. Now I budget, budget and budget some more.

    Good luck
    M
    • gemini12
    • By gemini12 15th Feb 18, 7:09 PM
    • 343 Posts
    • 2,154 Thanks
    gemini12
    If I can put my 2 pennorth in . It might be worth seeing if doggy daycare is available and the cost of it or a cheaper dog walker as that sounds very high to me though it depends where you live. Do you get your kibble from an online place which are frequently cheaper than shops and some offer a discount if you buy regularly. Do you use a cash back site if you buy dog food on line.
    Make £10 a day challenge May. 81.40/310
    Total for 2013 £858.85/1060
    • ohbumstoitall
    • By ohbumstoitall 16th Feb 18, 10:35 AM
    • 85 Posts
    • 108 Thanks
    ohbumstoitall
    If I can put my 2 pennorth in . It might be worth seeing if doggy daycare is available and the cost of it or a cheaper dog walker as that sounds very high to me though it depends where you live. Do you get your kibble from an online place which are frequently cheaper than shops and some offer a discount if you buy regularly. Do you use a cash back site if you buy dog food on line.
    Originally posted by gemini12
    Doggy Daycare is £18 a dog near us. There is a cheaper one but it's at the opposite end of town and traffic is pretty awful where I live so it's not practical and impossible to get my son to school and to work. So the dog walker worked out cheaper.

    I get the dog food direct from the supplier. if I buy 3 bags at once (£120) then I get a discount but can't remember what it is. It takes them quite a long time to go through it, you give them a smaller amount than other dog food but it's still about £1.80 to feed two dogs per day.
    • phizzimum
    • By phizzimum 16th Feb 18, 10:48 AM
    • 1,697 Posts
    • 9,246 Thanks
    phizzimum
    I should really log on and decrease my limit (its 13k) but a voice in the back of my head tells me i might need it one day even though i know thats not true
    Originally posted by ohbumstoitall
    Try and view the credit limit as it actually is, not the way the marketing team would have you view it.

    “Credit” sounds positive but in reality it’s potential debt (which as you know means stress, regret, anxiety, not being able buy your own home)

    So do you want to log in and reduce your potential debt? Or do you still feel that you might want to increase your stress in the future? The credit companies hope that you will, as it means your hard earned wages will be nice fat bonuses for their executives. You can be in control of your money, not them!
    weaving through the chaos...
    • LavenderBee
    • By LavenderBee 16th Feb 18, 1:29 PM
    • 239 Posts
    • 1,061 Thanks
    LavenderBee
    Hi ohbumstoitall


    Hope you don't mind my chipping in; I've had debt too (and yes, some that hubby didn't know about too at one point...). I still read these boards.


    Anyway, with your dog food, I do understand where you're coming from with the high quality food. I have an elderly Springer (and a cat with dietary needs) and the dog thrives on having better quality food, she has James Wellbeloved. I use Zooplus which someone else recommended too (it's the only place I can find suitable cat food, and it's cheaper than the next nearest thing too). They do have a wide range of grain free foods, including some that look similar to Akela, they're all here http://www.zooplus.co.uk/shop/dogs/dog_health/grain_free_food#Dry_Food and quite a few brands also do trial packs. TopCashback offer cashback on purchases for existing customers too, delivery is free over £29 and you collect loyalty points which can be swapped for products (I save mine up and get Lily's Kitchen biscuits and treats twice a year for free). I would say I save about £20 a month feeding the pets using them. It was worth a bit of research to find something suitable.


    I've just realised I sound like a salesman but if I add up the difference over the year, it's substantial.


    Best of luck
    • ohbumstoitall
    • By ohbumstoitall 16th Feb 18, 1:32 PM
    • 85 Posts
    • 108 Thanks
    ohbumstoitall
    Sorry, this is rather long:

    Budget monthly for March 2018 to August 2018

    Parking for University: £30 Adhoc but max amount needed
    Dog Walker: £88
    Cleaner: £66
    Work Social Club: £10 Will think about cancelling this
    Mobile Phone : £27 Checked and our contracts expire in May
    TV Licence: £13
    Pet Insurance and Healthcare plan for two dogs: £82 I!!!8217;m going to keep the healthcare plan for now as they are young, but in a year when they!!!8217;ve been spayed I will get rid of it and worm them myself.
    Rent: £600
    Gas and Electric: £98 This should go down in a couple of months, I!!!8217;m going to ask them to readjust it because of the summer. I!!!8217;m also going to start shutting the living room door to keep dogs warm and not having the heating on at night.
    Water: £35
    Virgin Media Fibre: £28
    Pet Food: £50 Will monitor the cost over the next few months and look at changing if I find an alternative that's good quality.
    Childcare: £60
    Car Maintenance and Tax: £30
    Car Insurance £25 Renewal is 24th March (I thought it was September). Not sure whether to go with cheapest or pay more for a good insurer?
    Home Maintenance: £25
    Home Insurance: £8. We rent, so no buildings. I've just renewed and got it down to £8 a month. No accidental cover as the excess is £250 and most things I could replace for less than that apart from my Macbook or the Tv. But I could probably repair the macbook for £250 and just buy a cheap tv. I did once spill a tin of paint on the carpet but the carpet cleaner got that up. I've paid upfront today but need to pay myself back
    Medical £20 I have signed up for a prescription certificate, not reducing the budget amount as it can cover adhoc and dental
    Clothing £20
    Gifts £10
    Giving £2 RSPCA; Cancelled
    Stuff I forgot to budget for £50
    Debt payments £1017.5
    Spotify £4.99 Keeping this for now.
    Student expenses £110 (Myself, OH and my son)
    Food and Fuel: £400

    Total £2907.49

    I've done some maths covering to the end of August 2018. i've worked out that I have a £3048.18 deficit by the end of August which basically equates to one months bills.

    This includes money currently in our accounts, money due to go out, and money guaranteed to come in (exc loss of job etc). I have not included any of my bonuses, or the salary increase in April because if I don't have a payslip in front of me telling me whats going into my account then as far as I am concerned I don't have it. I don't even know what I'm getting this month.
    .
    16/02/18 debt balance

    Unsecured Debts
    Description....................Debt......Monthly.. .APR
    HSBC...........................6500......162.5.... .0
    Family Loan....................5950......130.......0
    OH DMP.........................9883.17...105.......0
    BC 1 06/18.....................2034.16...45........0
    Halifax Card 03/19.............2449.94...28........0
    Amex...........................11248.....375...... .19.9
    TSB............................0.........0........ .0
    Tesco .........................596.86....25........0
    BC2............................1210.3....35....... .0
    FD Loan........................2577.77...112.......16
    Total unsecured debts..........42450.2...1017.5....-


    I've transferred from the HSBC to the TSB card as the TSB's 0% period was about to run out.

    I have just checked the TSB card and I have a 0% offer for 12 months with a 3% fee.

    So I;m guessing I should transfer it to the Amex, so I have asked for a replacement card (I will cut it up once writing the card number down. I do have a 2k BarclayCard expiring in June to deal with as well.

    So what order to do the below:

    £2034.16 BarclayCard expiring June 2018 because if this gets paid off, I will get a offer on it to transfer to the amex. Not sure how to do this, I could sell on ebay and save it to pay this off, but by that point I'd have paid so much in interest on the amex that it would negate the interest.

    £3048.18 deficit I;ve put this as secondary(?) because I fully anticipate to clear quite a bit of it with bonuses but it;s not guaranteed and in 3 months I can reevaluate

    11248 Amex to pay off. so if a payment is £375, the interest is about £200

    Budget items I will try to reduce
    Work Social Club: £10 Will think about cancelling this
    Mobile Phone : £27 May 2018
    Gas and Electric: £98
    Gifts £10 I have presents already for quite a few people BUT it;s my sons 7th birthday in August.
    Stuff I forgot to budget for £50 Try not to forget things
    Debt payments £1017.5 The more I pay off the better! I know usually we say don;t reduce your debt payments but this huge amount is why I have such a large deficit. The less I have on the amex, the smaller this amount will be.
    Student expenses £110 (Myself, OH and my son) I will try to reduce this to £60 (ie not spend anything for my stuff)
    Food and Fuel: £400 I have a Costco voucher for £257. I have no room to stock up at the moment so once I have completely decluttered I will set about stockpiling. But will make sure what I get isn;t cheaper elsewhere!!!!
    Last edited by ohbumstoitall; 16-02-2018 at 1:34 PM.
    • chelseablue
    • By chelseablue 16th Feb 18, 3:39 PM
    • 2,396 Posts
    • 2,869 Thanks
    chelseablue
    The £35 a month water are you on a meter?

    If not on a meter could you have one put in?

    My old address we had to pay water rates which was £44 a month for a 2 bed flat, now live in a 3 bed semi detached house and pay £17 a month with a meter
    Mortgage starting balance £231,000
    Mortgage after Year 1 £225,000
    Mortgage after Year 2 £218,000
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