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  • FIRST POST
    • pidge04
    • By pidge04 26th Mar 18, 6:18 PM
    • 480Posts
    • 1,298Thanks
    pidge04
    I want to believe I can do this!
    • #1
    • 26th Mar 18, 6:18 PM
    I want to believe I can do this! 26th Mar 18 at 6:18 PM
    Is this how I start a diary? I don't know whether anyone would want to read it but I hope it will keep me focussed and on track to becoming debt free. I am inspired by the diaries I've read here and would welcome advice when I get started.
Page 11
    • pidge04
    • By pidge04 10th Aug 18, 5:29 PM
    • 480 Posts
    • 1,298 Thanks
    pidge04
    Thanks so much Working Mum!

    I did start that and it soon fell by the wayside. I am going to re-start it! Thank you! Highly motivating to think of it in 6 chunks!
    Last edited by pidge04; 12-08-2018 at 10:17 AM.
    CC1 2400/422 CC2 3000/2269 CC3 600/233 LOAN 13,000/5235
    • enthusiasticsaver
    • By enthusiasticsaver 10th Aug 18, 5:58 PM
    • 7,202 Posts
    • 15,660 Thanks
    enthusiasticsaver
    You are doing brilliantly. 19000 original debts (not including overdrafts presumably) and 8808 now. That CC1 and CC3 are so close to being repaid.
    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
    • pidge04
    • By pidge04 15th Aug 18, 12:23 AM
    • 480 Posts
    • 1,298 Thanks
    pidge04
    I checked my credit report on another site this afternoon and I was heartened to see my situation labelled !!!8216;Stable.!!!8217; Probably a more polite way of saying !!!8216;Fair!!!8217;?
    There was quite a list of positives and then one thing to work on - always pay credit card on time. This took me back to before May 2017 when I was very disorganised and probably not very well or functioning well, and I did used to pay some bills a day or two late. Cannot believe I did not snap myself into action at that time. What a massive negative impact I caused to happen. I have paid everything as soon as the bill arrives since May 2017.

    Anyway, it is done and it is past. That is definitely not a behaviour I have now.
    CC1 2400/422 CC2 3000/2269 CC3 600/233 LOAN 13,000/5235
    • efes shareholder
    • By efes shareholder 16th Aug 18, 3:00 PM
    • 334 Posts
    • 907 Thanks
    efes shareholder
    As much as I hate direct debits I set mine up to take the min payment each month - I caved in after several due by dates were missed

    I can always then log on and pay more but at least I know should anything happen there is no adverse affect on my credit rating or late payment charges
    • pidge04
    • By pidge04 17th Aug 18, 7:09 AM
    • 480 Posts
    • 1,298 Thanks
    pidge04
    I was only able to pay 50 off my credit card this morning and I had to use the rest of my earnings for my current account.
    I will not manage to pay off one credit card this month as hoped but I have reduced it by 405.
    It would never have crossed my mind until this year that I could pay off the debt rather than consolidate with a loan.
    Although I have not managed it this month, I will get it paid off at the end of September.
    Last edited by pidge04; 17-08-2018 at 7:15 AM.
    CC1 2400/422 CC2 3000/2269 CC3 600/233 LOAN 13,000/5235
    • pidge04
    • By pidge04 17th Aug 18, 7:16 AM
    • 480 Posts
    • 1,298 Thanks
    pidge04
    I clearly did not budget well this month so I need to address that with some more realistic calculations.
    CC1 2400/422 CC2 3000/2269 CC3 600/233 LOAN 13,000/5235
    • ftbwannabe
    • By ftbwannabe 18th Aug 18, 4:35 PM
    • 185 Posts
    • 625 Thanks
    ftbwannabe
    You've done brilliantly though -405 is nothing to sniff at &, talking of sniffing, I can just smell how close you are to paying it off in full! Is that CC3 in your sig? In the long-term, you won't remember 'I took longer than planned to pay it off', you'll just remember how fabulous it felt to have cleared it & what an achievement that is.
    Hope you're having a nice weekend.
    saving for house-buying costs 1475
    emergency fund 150//1330
    debts 1229.6/17,483 | Outstanding Debt: 16,253.40
    • pidge04
    • By pidge04 18th Aug 18, 7:56 PM
    • 480 Posts
    • 1,298 Thanks
    pidge04
    Oh my goodness, how right you are!! Thank you so much! Just exactly what I need!!
    CC1 2400/422 CC2 3000/2269 CC3 600/233 LOAN 13,000/5235
    • raldo
    • By raldo 18th Aug 18, 9:06 PM
    • 41 Posts
    • 89 Thanks
    raldo
    You are doing really well and reducing your credit card by 405 this month is amazing. Keep going and that credit card will soon be gone!
    Total Debts Outstanding @ 14.07.18 35451
    • Robin09
    • By Robin09 19th Aug 18, 8:08 PM
    • 105 Posts
    • 442 Thanks
    Robin09
    I agree with what has already been said, 405 is an amazing amount to clear in a month. You are doing a great job
    • pidge04
    • By pidge04 19th Aug 18, 9:11 PM
    • 480 Posts
    • 1,298 Thanks
    pidge04
    Thank you SO much Robin09 and Raldo! I had wanted to clear the lot so I was feeling bad about myself but thank you for your positive, supportive messages - it was a great chunk to clear in a month. Pay day is on Friday so I shall clear some more too. Thank you so much for your encouragement!

    I saw today that my MSE credit score went up a bit too. I know it does not mean much in reality but still it does hearten me to see it improving! It was not good when I started here.

    I am finding it really hard to watch every penny but days like today feel good.
    CC1 2400/422 CC2 3000/2269 CC3 600/233 LOAN 13,000/5235
    • raldo
    • By raldo 19th Aug 18, 10:22 PM
    • 41 Posts
    • 89 Thanks
    raldo
    It is hard going watching every penny but it will be worth it in the end. You just need to take the good days when they come and look at the positives... maybe I should start listening to myself!! The fact that you are going to clear some more on payday is amazing ... keep going xx
    Total Debts Outstanding @ 14.07.18 35451
    • pidge04
    • By pidge04 20th Aug 18, 6:58 AM
    • 480 Posts
    • 1,298 Thanks
    pidge04
    Oh dear. I just started my budget plan for September. Terrible! Even if I pay minimum payments on everything, the numbers do not add up. September is a horribly expensive month for me every year (parent birthday, child birthday, school uniform, payment of childcare etc). MOT. Husband is away for half of September so all the food bills are mine. I can plan and budget well for food. I should have seen this coming and been better prepared. I think, realistically, I am going to have to take a month off seriously debt-busting and just get through the month really. In past years, some of the expenses for September would have gone on a credit card but that definitely will not be happening this year. I think I need to start a spreadsheet looking at all the months in the year.
    CC1 2400/422 CC2 3000/2269 CC3 600/233 LOAN 13,000/5235
    • LexieLou
    • By LexieLou 20th Aug 18, 8:28 PM
    • 638 Posts
    • 1,083 Thanks
    LexieLou
    Hey Pidge,

    You are doing amazingly well, can I have some of your motivation?

    LL xx
    Sept 10 a day 150 / 300, 50% Oct 10 a day / 300 0%
    1% Challenge #53
    7.54 in sealed pot 10.05.18
    Tesco Vouchers 30.50
    EF #2 used, back to zero. EF #1 still in progress
    • redofromstart
    • By redofromstart 20th Aug 18, 8:36 PM
    • 1,974 Posts
    • 12,157 Thanks
    redofromstart
    Sometimes all you can do Pidge is to tread water. Try and get through the month as lightly as you can, maybe make it a game with yourself to break even?
    • WelshKitty85
    • By WelshKitty85 20th Aug 18, 10:03 PM
    • 844 Posts
    • 6,851 Thanks
    WelshKitty85
    Hi Pidge,

    I've just read through your diary and wanted to say how well you are doing. I did worry for you a little reading some of your posts. You are doing so well tackling this on your own, and I admire your determination to work so hard to pay down your debts. But please remember to take some time for yourself. Have a bubble bath, read a book, enjoy a cup of tea in peace...just look after yourself.
    Enough is enough...
    29,603 (22/7/18) 23,121.27
    • ftbwannabe
    • By ftbwannabe 21st Aug 18, 5:51 PM
    • 185 Posts
    • 625 Thanks
    ftbwannabe
    Like you say, the very fact that in previous years a month like that would have crushed your cards & this time it won't be as bad as that. that's fab in itself & that's enough.
    Like the others have said, make sure you take care of yourself. You'll be fine, just head through this knowing you'll catch some flak but that's life. Don't be down on yourself, you've done amazingly, done it by yourself, and if you are too hard you might relapse into spending.

    A month by month list of hotspots does sound like a good idea, I agree.
    saving for house-buying costs 1475
    emergency fund 150//1330
    debts 1229.6/17,483 | Outstanding Debt: 16,253.40
    • SavingAFuture
    • By SavingAFuture 22nd Aug 18, 11:04 AM
    • 95 Posts
    • 185 Thanks
    SavingAFuture
    Looking at what you spend over a whole year, rather than just month-to-month is a great idea. I've started putting a little bit away each month to cover my hobby that costs me approx. 60 twice a year. It kept sneaking up on me every 6 months, but next time I will have the money popped aside ready!
    Perhaps you could do something similar to smooth out those expensive months?
    You should feel very proud that you are not just reaching for the credit cards though.
    Best wishes,
    SaF x
    Proudly on my debt free journey
    CC1: 0/2120.60 CC2: 1300/3239.99
    • LexieLou
    • By LexieLou 22nd Aug 18, 9:59 PM
    • 638 Posts
    • 1,083 Thanks
    LexieLou
    Hey, only popping in to say hello xx
    Sept 10 a day 150 / 300, 50% Oct 10 a day / 300 0%
    1% Challenge #53
    7.54 in sealed pot 10.05.18
    Tesco Vouchers 30.50
    EF #2 used, back to zero. EF #1 still in progress
    • pidge04
    • By pidge04 23rd Aug 18, 10:27 PM
    • 480 Posts
    • 1,298 Thanks
    pidge04
    I am afraid I fell off the MSE wagon this week. I am not going to beat myself up too badly about it. I have used money from our savings which I will pay back. I could have used the money I am going to pay back to reduce my debt and I will feel bad about it in the coming months. I know that I will for sure. Not sure what happened exactly. I have been so consumed with worry about my daughter - worrying about EVERYTHING about her - that I temporarily stopped worrying so much about my debt. I have said yes to a couple of impromptu meet ups with friends so it has been bits of money here and there which we know all add up. It was nice though and it is done. I just have to move forwards. Pay day tomorrow. A fresh start. My holiday work ends on Sunday morning so I will be able to focus my energies on looking for new sources of income and selling stuff on eBay etc again.
    I have felt terribly anxious at times this week and also inexplicably sad at times. Bad dreams too.
    I had a very, very, very bad spell of I am not quite sure what - depression or anxiety, burn out, stress - a few years ago and I worry when this happens in case I am going back to that frightening time. I looked up a local counselling service the other day. It might be helpful to talk to someone. My husband is away and I am harbouring all sorts of resentments about him. I wonder whether this is the time to raise my feelings with him and our future together.
    Sorry - not very MSE related but a snapshot of where I am.
    Back to this business tomorrow.
    Last edited by pidge04; 24-08-2018 at 2:17 AM.
    CC1 2400/422 CC2 3000/2269 CC3 600/233 LOAN 13,000/5235
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