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  • FIRST POST
    • elvis69
    • By elvis69 2nd Apr 18, 11:07 PM
    • 45Posts
    • 93Thanks
    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%
    PAYDBX 2018 1326.49/8000.00 16.5%
Page 2
    • elvis69
    • By elvis69 16th Apr 18, 8:02 PM
    • 45 Posts
    • 93 Thanks
    elvis69
    NSD but my account looks awful. Stupid holiday! Made a nice lasagne this evening which everyone liked so there's a win right there!
    PAYDBX 2018 - #01 Pd 741/8,000- 9.0%
    PAYDBX 2018 1.016,00/ 8.000,00 12,7%
    PAYDBX 2018 1326.49/8000.00 16.5%
    • Storm89
    • By Storm89 17th Apr 18, 9:48 AM
    • 174 Posts
    • 1,391 Thanks
    Storm89
    We're halfway through the month now. Just do your best to break even (depending on how awful the account looks) and then start again in May. I'm having months where I start with good intentions plotting how much I will save and it never works out exactly as planned , just take a deep breath and start again the next month .
    • elvis69
    • By elvis69 17th Apr 18, 8:44 PM
    • 45 Posts
    • 93 Thanks
    elvis69
    Thanks Storm, helps to have you reply!!
    PAYDBX 2018 - #01 Pd 741/8,000- 9.0%
    PAYDBX 2018 1.016,00/ 8.000,00 12,7%
    PAYDBX 2018 1326.49/8000.00 16.5%
    • elvis69
    • By elvis69 18th Apr 18, 8:54 PM
    • 45 Posts
    • 93 Thanks
    elvis69
    Payday Friday thank goodness. The account looks awful. I can't see how I'll clear all my debt by dece,bee :-(
    PAYDBX 2018 - #01 Pd 741/8,000- 9.0%
    PAYDBX 2018 1.016,00/ 8.000,00 12,7%
    PAYDBX 2018 1326.49/8000.00 16.5%
  • archived user
    Just waving hello. the key to success for me with motivation is enough of debt paydown, whilst having a life - so setting up a guilty splurge pot in YNAB and budgeting some funds into it might be your answer? Why don't you take it a bit easier in your goal for your DFD and then you can hopefully meet your budget better, which is way more motivating each month than missing by a mile?

    What also helped us was having a separate account for all household bills (and future savings / EF etc), and then a separate account for groceries. and we each have a treat budget, so I run 2 YNAB budgets, and the main one I spend out of is groceries, so I save other bits and bobs in the other one. Just helps as I am not looking at other pots that i can steal out of!
    • elvis69
    • By elvis69 19th Apr 18, 8:41 PM
    • 45 Posts
    • 93 Thanks
    elvis69
    Thanks for your reply. I did set up a current account to put grocery and fuel money in but have become a bit unstuck with accessing it- so many passwords and i keep losing the bits of paper! I also tried setting up a credit card to do it with but meant I ended up getting more into debt because I forgot to transfer the money I'd spent to clear the bill. What a pickle! Feel like I'm drowning but I'll pick it up and start agin
    PAYDBX 2018 - #01 Pd 741/8,000- 9.0%
    PAYDBX 2018 1.016,00/ 8.000,00 12,7%
    PAYDBX 2018 1326.49/8000.00 16.5%
  • archived user
    Hey I know that feeling! Time to pick up your teaspoon to clear your lake (see the sticky thread, 11 years a slave).
    keep posting xx
    • elvis69
    • By elvis69 20th Apr 18, 6:30 AM
    • 45 Posts
    • 93 Thanks
    elvis69
    Good analogy!
    PAYDBX 2018 - #01 Pd 741/8,000- 9.0%
    PAYDBX 2018 1.016,00/ 8.000,00 12,7%
    PAYDBX 2018 1326.49/8000.00 16.5%
    • elvis69
    • By elvis69 20th Apr 18, 10:06 PM
    • 45 Posts
    • 93 Thanks
    elvis69
    Lovely day today. Went up to London to see the Picasso exhibition at the Tate Modern.. really enjoyed it. Back about 6 and been in the garden ever since. Have re done my YNAB and included a bit more for fun time....
    PAYDBX 2018 - #01 Pd 741/8,000- 9.0%
    PAYDBX 2018 1.016,00/ 8.000,00 12,7%
    PAYDBX 2018 1326.49/8000.00 16.5%
    • elvis69
    • By elvis69 22nd Apr 18, 8:44 PM
    • 45 Posts
    • 93 Thanks
    elvis69
    Lovely day in the sun today but rain is coming. BOOHOO
    Account looks vile but I've sorted out the Barclays account today so we will now have a separate account for groceries and petrol. Aiming to put about 600 in but I'm not sure how to do it as I'd need the funds upfront IYSWIM?
    PAYDBX 2018 - #01 Pd 741/8,000- 9.0%
    PAYDBX 2018 1.016,00/ 8.000,00 12,7%
    PAYDBX 2018 1326.49/8000.00 16.5%
    • elvis69
    • By elvis69 25th Apr 18, 8:53 PM
    • 45 Posts
    • 93 Thanks
    elvis69
    Payday yesterday so account better but I've spent 400 more than I did last month. It'll be a quiet month for us I think
    PAYDBX 2018 - #01 Pd 741/8,000- 9.0%
    PAYDBX 2018 1.016,00/ 8.000,00 12,7%
    PAYDBX 2018 1326.49/8000.00 16.5%
    • runninglea
    • By runninglea 26th Apr 18, 10:37 AM
    • 882 Posts
    • 1,336 Thanks
    runninglea
    Need some time to move in and get all your work done - bit hard to save with all this going on.
    Year 2018 (13,600/17000mortgage repayment)Overall mortgage (69,700/165568) (43
    .0%) (41/100) payments made. Total paid 2018 year 13,600

    Total paid 2017 year 15,300Total paid 2018 year 13,600
    • elvis69
    • By elvis69 26th Apr 18, 8:46 PM
    • 45 Posts
    • 93 Thanks
    elvis69
    Whoop! NSD today! Yesterday I went into the garden centre (my weakness, lol) but left my purse in the car. Went for a little wander and look around but didn't spend anything! Result
    PAYDBX 2018 - #01 Pd 741/8,000- 9.0%
    PAYDBX 2018 1.016,00/ 8.000,00 12,7%
    PAYDBX 2018 1326.49/8000.00 16.5%
    • elvis69
    • By elvis69 3rd May 18, 9:39 PM
    • 45 Posts
    • 93 Thanks
    elvis69
    Checking in!
    Muddled couple of days moneywise. Daughter needed new school shoes so 40 spent but got home yesterday and had a cheques from energy company for 120 for our solar this quarter! Whoop
    Going to a wedding this weekend but have budgeted for it and back onto YNAB
    PAYDBX 2018 - #01 Pd 741/8,000- 9.0%
    PAYDBX 2018 1.016,00/ 8.000,00 12,7%
    PAYDBX 2018 1326.49/8000.00 16.5%
    • elvis69
    • By elvis69 9th May 18, 9:09 PM
    • 45 Posts
    • 93 Thanks
    elvis69
    Still going. Things are definitely better this month. Have reined it in a bit and back onto YNAB. I keep seeing posts where people are paying off huge amounts and have done since January. I don't seem to be doing that. It's so frustrating
    Tomorrow I'm stopping smoking again. Going cold turkey and have entered into a virtual 10k run.....
    PAYDBX 2018 - #01 Pd 741/8,000- 9.0%
    PAYDBX 2018 1.016,00/ 8.000,00 12,7%
    PAYDBX 2018 1326.49/8000.00 16.5%
    • elvis69
    • By elvis69 17th May 18, 8:28 PM
    • 45 Posts
    • 93 Thanks
    elvis69
    Seems never ending. One debt goes and anther comes up! Payday next week and things are better than this time last month but sill 2000 overdrawn
    PAYDBX 2018 - #01 Pd 741/8,000- 9.0%
    PAYDBX 2018 1.016,00/ 8.000,00 12,7%
    PAYDBX 2018 1326.49/8000.00 16.5%
    • elvis69
    • By elvis69 30th Aug 18, 8:55 PM
    • 45 Posts
    • 93 Thanks
    elvis69
    Back to the diary. Been ages. Have been struggling recently thinking I’m getting no where but then look at this diary and realise I’m a grand off my debt and 600 into my ef of 1000.i must be doing something right, just got to keep going
    I ended up getting a cash transfer to clear the overdraft and actually that really helps to see money in real time
    PAYDBX 2018 - #01 Pd 741/8,000- 9.0%
    PAYDBX 2018 1.016,00/ 8.000,00 12,7%
    PAYDBX 2018 1326.49/8000.00 16.5%
    • runninglea
    • By runninglea 30th Aug 18, 9:25 PM
    • 882 Posts
    • 1,336 Thanks
    runninglea
    well done - especially after summer holidays. Another 4 months to Christmas and potentially another 1000 off the debt
    Year 2018 (13,600/17000mortgage repayment)Overall mortgage (69,700/165568) (43
    .0%) (41/100) payments made. Total paid 2018 year 13,600

    Total paid 2017 year 15,300Total paid 2018 year 13,600
    • pidge04
    • By pidge04 30th Aug 18, 10:40 PM
    • 535 Posts
    • 1,470 Thanks
    pidge04
    That is impressive about a grand off your debt and you have been building a good emergency fund. Well done!
    CC1 2400/267 CC2 3000/2269 LOAN 13,000/4871
    • elvis69
    • By elvis69 5th Sep 18, 3:23 PM
    • 45 Posts
    • 93 Thanks
    elvis69
    Thanks everyone.
    Been talking to my husband about our debts. He thinks that as everything is now on interest free credit card we should just pay the minimum and use the money to have fun with the children while they’re small- he doesn’t see the point of struggling and not enjoying ourselves. I guess I understand where he is coming from but it feels wrong to be spending and not clearing debt.
    New job on the horizon, bit of a leap but I think ill go for it. More money- result! But more hours- not so much!
    PAYDBX 2018 - #01 Pd 741/8,000- 9.0%
    PAYDBX 2018 1.016,00/ 8.000,00 12,7%
    PAYDBX 2018 1326.49/8000.00 16.5%
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