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  • FIRST POST
    • elvis69
    • By elvis69 2nd Apr 18, 11:07 PM
    • 42Posts
    • 66Thanks
    elvis69
    Becoming debt free is HARD WORK
    • #1
    • 2nd Apr 18, 11:07 PM
    Becoming debt free is HARD WORK 2nd Apr 18 at 11:07 PM
    And soo boring! I'm hoping a diary will help me to keep motivated.
    I'm a nurse and my husband is a post and we have two children aged 4 &5- they keep growing and I've just had to buy them new clothes! I'd like to clear my debt by December but I'm not sure if I can do it so I need support to stop buying things!
    I'll do my SOA this week but currently own 2000GBP on overdraft and 4000GBP on a credit card that I used for university fees and when I had a big bill to pay- like the car!
    I'm doing YNAB but have to confess not used it in the last few days as I'm already over budgeted and that's before all the other things I've had to buy this month. It seems never ending.
    Wish me luck!
    PAYDBX 2018 - #01 Pd 741/8,000- 9.0%
    PAYDBX 2018 1.016,00/ 8.000,00 12,7%
Page 1
    • Storm89
    • By Storm89 3rd Apr 18, 7:19 AM
    • 174 Posts
    • 1,352 Thanks
    Storm89
    • #2
    • 3rd Apr 18, 7:19 AM
    • #2
    • 3rd Apr 18, 7:19 AM
    Good Luck Elvis. Kids grow at an alarming rate - I've just had to buy new shoes for my 2 which has set me back 70! Look forward to seeing your Soa and good luck on your journey.
    • elvis69
    • By elvis69 3rd Apr 18, 7:32 PM
    • 42 Posts
    • 66 Thanks
    elvis69
    • #3
    • 3rd Apr 18, 7:32 PM
    • #3
    • 3rd Apr 18, 7:32 PM
    Thanks Storm89- children are expensive!
    So I've had a relatively good day today. Went to a local NT for 'free' with the kiddies though they did sting me for some more bloody cuddly things which cost me 8quid and they have promptly discarded them! Need to learn the lesson there.
    Tomorrow we are going to a big stately home nearby that we got given a membership for for Xmas. Am really looking forward to that. Picnic already planned!
    Just settling down to work on my dissertation now, I'm not sure where I can fit it all in!
    Checked bank account today and everything has gone out ok and I'm 100pounds better off then last month but still not clearing the overdraft as quickly as I'd like. I really need to stay focussed on it!
    About 6 months ago my mortgage payment couldn't go out, I had nearly had a heart attack, I had to ring my mum and she helped me out and it went out that day on their second try. Skin of the teeth stuff and definitely a lightbulb moment for me.
    We are going away for a week next week. Going to stay in my parents' caravan so should be nice and cheap and I am already preparing food for the week so we don't have to spend too much on eating out and I don't have to spend ages cooking!
    PAYDBX 2018 - #01 Pd 741/8,000- 9.0%
    PAYDBX 2018 1.016,00/ 8.000,00 12,7%
    • elvis69
    • By elvis69 3rd Apr 18, 7:39 PM
    • 42 Posts
    • 66 Thanks
    elvis69
    • #4
    • 3rd Apr 18, 7:39 PM
    • #4
    • 3rd Apr 18, 7:39 PM
    I can't seem to link my SOA as my computer keeps saying it's a virus
    PAYDBX 2018 - #01 Pd 741/8,000- 9.0%
    PAYDBX 2018 1.016,00/ 8.000,00 12,7%
    • beanielou
    • By beanielou 4th Apr 18, 4:27 PM
    • 56,278 Posts
    • 227,711 Thanks
    beanielou
    • #5
    • 4th Apr 18, 4:27 PM
    • #5
    • 4th Apr 18, 4:27 PM
    Happy shiny new diary
    Getting debt free is hard work but worth it.
    You can do it.
    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. MFW 2018. No 144
    • elvis69
    • By elvis69 4th Apr 18, 7:42 PM
    • 42 Posts
    • 66 Thanks
    elvis69
    • #6
    • 4th Apr 18, 7:42 PM
    • #6
    • 4th Apr 18, 7:42 PM
    Thanks, BeanieLou. It will be worth it I hope!
    Good day today despite horrific weather. Took a picnic to a stately home that we got an annual subscription to for Christmas. Great fun. Lots to do. didn't spend much. Then when we got home found out that my youngest's waterproofs were no longer waterproof! That's another 40quid I need to spend!
    Went to Garden centre on the way home and pretty pleased that I didn't spend 30quid on something but instead a fiver and made it myself
    Onwards and upwards! Think we will do a NT thing tomorrow- school holidays are exhausting!
    PAYDBX 2018 - #01 Pd 741/8,000- 9.0%
    PAYDBX 2018 1.016,00/ 8.000,00 12,7%
    • Storm89
    • By Storm89 5th Apr 18, 7:55 AM
    • 174 Posts
    • 1,352 Thanks
    Storm89
    • #7
    • 5th Apr 18, 7:55 AM
    • #7
    • 5th Apr 18, 7:55 AM
    I aren't very computer savvy but I just wrote my SOA out on here in my own way just did income and outgoings lol.
    Must have been scary with the mortgage thing , I had a similar panic when we came to the end of our fixed rate . I had a major panic that when we remortgaged they would do another credit check but thankfully they didn't and we went onto another 2 year fixed rate that was cheaper than what we had been paying. Annual passes to things are great , glad you enjoyed the stately home despite the weather !
    • elvis69
    • By elvis69 5th Apr 18, 7:45 PM
    • 42 Posts
    • 66 Thanks
    elvis69
    • #8
    • 5th Apr 18, 7:45 PM
    • #8
    • 5th Apr 18, 7:45 PM
    Thanks it gave me a real fright! Part of the problem is that my wage is stuck but food etc is going up!
    I also seem to have an annoying ability of holding in my spending then when I've done well I 'splurge' like I have done today! Ended up spending 100gBP in town (including 35 quid for hypnosis to give up smoking so can't be all bad) on stuff we needed like health stuff in Boots.
    When I was walking round today in the sunshine I was thinking how lovely it would be to have a day in town with my girls and have nice lunch and do some shopping. I can't do that at the moment and that makes it hard too.
    They're still little so in the end we went to the park and they loved that more! I was wondering while I was in town how everyone affords all the stuff they buy? Is it all credit? None of them looked like it was bothering them! Hmm random musings
    My husband and I are going out for dinner tomorrow with friends. I was going to drive and not drink but my friend says she will take me down so it might be nice to go out and have a drink together! So long as I don't smoke!!
    PAYDBX 2018 - #01 Pd 741/8,000- 9.0%
    PAYDBX 2018 1.016,00/ 8.000,00 12,7%
    • elvis69
    • By elvis69 6th Apr 18, 11:56 AM
    • 42 Posts
    • 66 Thanks
    elvis69
    • #9
    • 6th Apr 18, 11:56 AM
    • #9
    • 6th Apr 18, 11:56 AM
    Nice morning so far. Beautiful day outside. Washing machine has broken down so I'm waiting for the repairman to come and fix it and have packed my husband off with the kids and dog to the park. I was going to do housework but instead I've made a posh coffee and watching the last of keeping faith with my feet up!
    I never do this!
    PAYDBX 2018 - #01 Pd 741/8,000- 9.0%
    PAYDBX 2018 1.016,00/ 8.000,00 12,7%
    • elvis69
    • By elvis69 7th Apr 18, 9:10 PM
    • 42 Posts
    • 66 Thanks
    elvis69
    NSD today! Hurrah! But spent loads on a night out last night. Damn it! Still managed to spend all day doing my dissertation, 1500 words down and another 8500 to go....
    PAYDBX 2018 - #01 Pd 741/8,000- 9.0%
    PAYDBX 2018 1.016,00/ 8.000,00 12,7%
    • elvis69
    • By elvis69 11th Apr 18, 8:23 PM
    • 42 Posts
    • 66 Thanks
    elvis69
    ON HOLIDAY!! Free holiday as my parents have a static caravan. Today was 'spend day' so we had picnic and then fish and chips and ice creams by the sea. Bloody lovely
    Girls exhausted..... so are we!
    PAYDBX 2018 - #01 Pd 741/8,000- 9.0%
    PAYDBX 2018 1.016,00/ 8.000,00 12,7%
    • elvis69
    • By elvis69 12th Apr 18, 8:00 PM
    • 42 Posts
    • 66 Thanks
    elvis69
    How do people stay focussed on debt repayment? I've been trying since January and it is so hard. I do ok for a month or two then I SPLURGE and ruin it. I need to stay focussed!!
    PAYDBX 2018 - #01 Pd 741/8,000- 9.0%
    PAYDBX 2018 1.016,00/ 8.000,00 12,7%
    • Procrastination101
    • By Procrastination101 12th Apr 18, 8:15 PM
    • 47 Posts
    • 85 Thanks
    Procrastination101
    I feel your pain in staying motivated. Hence how I've had an account and about 700135 diaries haha


    Just think of the long term benefits, that's what I'm doing. Not easy all the time though.


    I just quit smoking too. It's been 2 weeks, though I am going cold turkey, I'm not actually struggling too badly. To be honest my habit was only around 20 a week, mainly during breaks at work. So now, I just don't take breaks haha probably not healthy either but just getting myself passed this 1 month, then I will brave leaving my desk without smoking :-)


    You definitely sound like you're making more conscious decisions around spending which is a massive thing. Well done, keep at it!!
    20 a day in May 41/620 (previously 661/600)
    • elvis69
    • By elvis69 12th Apr 18, 8:22 PM
    • 42 Posts
    • 66 Thanks
    elvis69
    Thanks procrastination (good name!). Well done on the smoking. I gave up for five years then restarted last year. Trying to stop again but it's hard. Cold turkey is brilliant! Well done. Am back to work on Wednesday so might try again then.
    Glad to hear I'm not on my own with the spending. Just got to keep plugging away at it
    PAYDBX 2018 - #01 Pd 741/8,000- 9.0%
    PAYDBX 2018 1.016,00/ 8.000,00 12,7%
    • elvis69
    • By elvis69 13th Apr 18, 7:25 PM
    • 42 Posts
    • 66 Thanks
    elvis69
    So my thoughts today are that my overdraft isn't going down as quickly as I'd like so I could do a cash transfer from my credit card for a fee but then it would all be in one place. Anyone any ideas?
    PAYDBX 2018 - #01 Pd 741/8,000- 9.0%
    PAYDBX 2018 1.016,00/ 8.000,00 12,7%
    • runninglea
    • By runninglea 13th Apr 18, 7:33 PM
    • 869 Posts
    • 1,292 Thanks
    runninglea
    So my thoughts today are that my overdraft isn't going down as quickly as I'd like so I could do a cash transfer from my credit card for a fee but then it would all be in one place. Anyone any ideas?
    Originally posted by elvis69
    Not usually a good idea as your credit card balance will be higher and you will still have the facility of the overdraft.

    What % is credit card at moment? How much are bank charges?
    Year 2018 (8,500/17000mortgage repayment)Overall mortgage (64,600/165568) (39
    .0%) (38/100) payments made. Total paid 2018 year 8,500

    Total paid 2017 year 15,300Total paid 2018 year 8,500
    • elvis69
    • By elvis69 13th Apr 18, 7:55 PM
    • 42 Posts
    • 66 Thanks
    elvis69
    Thanks for the reply, bank charges are 15pm and interest free credit card. I worry I may to be as disciplined as I think though. Fee would equate to 80
    PAYDBX 2018 - #01 Pd 741/8,000- 9.0%
    PAYDBX 2018 1.016,00/ 8.000,00 12,7%
    • Storm89
    • By Storm89 15th Apr 18, 5:31 PM
    • 174 Posts
    • 1,352 Thanks
    Storm89
    I wonder if the credit card is a good idea with it being 0% then ? Clearly I'm no expert cos I'm here in over 13k of debt after starting with 18.5k last March haha.
    I really struggled with staying motivated last year but having an increase in income this year has really helped me. It's taking a long time but I had my real light bulb moment this Christmas just gone and I have stayed so focussed since then. If you have a long term plan of when you want to be debt free , it does really help because everytime you splurge you can think how it's adding another month or whatever to your debt free target date. Like you mentioned about going to the park , when kids are very little , it's these things that make them happy. I've got into my mess through booking holidays so this year we've booked one holiday to center Parcs in October half term & even though I'm incredibly tempted when walking past travel agents , I'm staying motivated! Are you on social media? A social media break does wonders so you aren't trying to keep up with Joneses. Hope the quitting smoking is going well?
    • elvis69
    • By elvis69 15th Apr 18, 9:18 PM
    • 42 Posts
    • 66 Thanks
    elvis69
    Thanks storm, love the replies. It really helps. I'm frightened to increase the CC debt, not pay it off then still have an overdraft. Have really !!!!ed it this month. Dammit. First time in 3 months and I feel like I'm back where I started.
    Had a quiet day today. Did meal plan and food shop at Morrisons instead of online Waitrose. Saved 20. I've resisted not going to supermarket as I work full time with two small children, I don't ever seem to have the time. Was pleasant. So long as food is still fresh I'll do it again next week
    PAYDBX 2018 - #01 Pd 741/8,000- 9.0%
    PAYDBX 2018 1.016,00/ 8.000,00 12,7%
    • elvis69
    • By elvis69 15th Apr 18, 9:19 PM
    • 42 Posts
    • 66 Thanks
    elvis69
    I really don't want to check my bank account
    PAYDBX 2018 - #01 Pd 741/8,000- 9.0%
    PAYDBX 2018 1.016,00/ 8.000,00 12,7%
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