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  • FIRST POST
    • Brookside88
    • By Brookside88 3rd Apr 18, 1:55 PM
    • 70Posts
    • 156Thanks
    Brookside88
    Auf Weidhersehen Debt
    • #1
    • 3rd Apr 18, 1:55 PM
    Auf Weidhersehen Debt 3rd Apr 18 at 1:55 PM
    Hi!


    I've been reading some of the diaries for a while now and thought it was about time I started my own.
    So here it is


    Introduction: I'm 30 years old and live in Leicester with my partner and almost 2 year old son.


    I've had debt since I turned 18 but it's never really been an issue. I've never defaulted on anything and my credit report is pristine. Here lies the issue, because it's never been an issue I've just let it grow and grow and now my total at the beginning of the year (personal CCs and loans) was ... drumroll... 19,838.56.


    That figure doesn't include 17k on finance for the double glazing or our 107k mortgage but I'm not worried about those. My focus is the CCs and loan.


    I have just moved a 5.3k Barclaycard CC to a virgin CC on a 0% until Jan 2020. minimum payment is around 65


    I have an MBNA CC with 2 BTs on, 1.5k expires aug 18 and 4.8k expires april 2020. Unfortunately since I did the bigger and longer BT first, the payments I'm making are going towards that balance meaning there will still be a balance at the end of the smaller offer. total balance 6.3k
    at the moment I'm paying 350 off that each month


    I have a Zopa loan for my car which is 5.7k at 4% paying 129 a month


    Finally, I have a Tesco CC at 0% with 1.9k on it until dec 2020


    So very little of my debt is accruing interest.


    I can afford at the moment to spend about 500 a month servicing debt but I have to pay about 800 a month into the joint account since my partner doesn't earn as much as me (I also have childcare vouchers at 243) so I'm pretty much paying a grand a month into the joint account which leaves me really tight after the cards are paid.


    I'll stop rambling now


    I'm just sick of this cloud of debt hanging over me and we also want another baby but there's no way we can do it while my repayments are so high.


    Phew!
    Last edited by Brookside88; 19-04-2018 at 6:13 AM.
    Barclaycard CC £5,912.12/£0___Virgin CC £0/£5,185___Zopa Loan £5,680.83/£5,293.50___Tesco CC £1,922.46/£1,847.46___MBNA CC £6,323.15/£5,683.15
    Total £19,838.56/£18,009.11 (9.2%)
Page 2
    • Brookside88
    • By Brookside88 13th Apr 18, 1:14 PM
    • 70 Posts
    • 156 Thanks
    Brookside88
    I'm pretty sure nobody is reading this but hey ho, I'll carry on anyway because I'm finding it useful.


    I had a look at our insurance policies last night and quite frankly they're a sham and I should have sorted it out a long time ago. I stupidly let our home insurance auto renew with the details specifying old aluminium windows which have now been replaced with UPVC. Currently paying £429 for the year (£35.77 a month!). Have done a quick quote on money supermarket and can halve what we're paying now so I need to investigate early cancellation fees etc.


    I've also not updated our decreasing mortgage life cover since we bought the house and we're definitely not covered now since we have both started smoking again (I know we definitely need to knock this on the head!). We also have an almost 2 year old so I need to see if we'd be better off with life cover rather than mortgage cover. If anyone can advise on this I'd be most grateful.


    Been trying to use stuff from the cupboards for meals this week as joint account is still at crisis point


    Really need to go and put air in my tyres tonight after work, one of them is practically flat! Going to do it at sainsburys because their air is free!


    Nothing else to report for now.
    Barclaycard CC £5,912.12/£0___Virgin CC £0/£5,185___Zopa Loan £5,680.83/£5,293.50___Tesco CC £1,922.46/£1,847.46___MBNA CC £6,323.15/£5,683.15
    Total £19,838.56/£18,009.11 (9.2%)
    • mummytogirls
    • By mummytogirls 13th Apr 18, 4:26 PM
    • 6,159 Posts
    • 22,459 Thanks
    mummytogirls
    Hi Brookside!

    Your diary caught my eye whilst I was waiting for my daughter to finish dance class as I used to love Brookside on TV back in the day .

    You've done so well so far so keep it up.

    Brilliant news about OH and his new job.

    Keep going and keep posting xx
    Mummytogirls x

    £23164.32 - 12/12/10
    £5419.83 - 08/04/18 - 76.61% paid off
    • Brookside88
    • By Brookside88 13th Apr 18, 4:44 PM
    • 70 Posts
    • 156 Thanks
    Brookside88
    Hi Brookside!

    Your diary caught my eye whilst I was waiting for my daughter to finish dance class as I used to love Brookside on TV back in the day .

    You've done so well so far so keep it up.

    Brilliant news about OH and his new job.

    Keep going and keep posting xx
    Originally posted by mummytogirls
    Thanks hun, I was beginning to think I was invisible!
    Barclaycard CC £5,912.12/£0___Virgin CC £0/£5,185___Zopa Loan £5,680.83/£5,293.50___Tesco CC £1,922.46/£1,847.46___MBNA CC £6,323.15/£5,683.15
    Total £19,838.56/£18,009.11 (9.2%)
    • Storm89
    • By Storm89 13th Apr 18, 7:00 PM
    • 393 Posts
    • 653 Thanks
    Storm89
    Hi I'm new to the diary too. Our debt was very similar when we started and I'm down to under £14k now. Good luck on your journey x
    • Brookside88
    • By Brookside88 13th Apr 18, 7:38 PM
    • 70 Posts
    • 156 Thanks
    Brookside88
    Hi I'm new to the diary too. Our debt was very similar when we started and I'm down to under £14k now. Good luck on your journey x
    Originally posted by Storm89
    Wow! Off to check out your diary. Well done!
    Barclaycard CC £5,912.12/£0___Virgin CC £0/£5,185___Zopa Loan £5,680.83/£5,293.50___Tesco CC £1,922.46/£1,847.46___MBNA CC £6,323.15/£5,683.15
    Total £19,838.56/£18,009.11 (9.2%)
    • redofromstart
    • By redofromstart 13th Apr 18, 8:15 PM
    • 1,597 Posts
    • 9,525 Thanks
    redofromstart
    I'm pretty sure nobody is reading this but hey ho, I'll carry on anyway because I'm finding it useful.
    Originally posted by Brookside88
    if you look at the number of page views you should see that go up so you can see people are reading but not commenting. The other thing I found was that posting on other peoples diaries got people visiting mine. It can be a bit 'little lonely voice in the wilderness' otherwise.

    I tend to 'thank' as I go so I know where I am up to, but haven't been about much this week so now I am catching up.

    Congrats on the new job for your OH, hope that makes a really positive difference for you both.

    The life cover v the mortgage cover, I am honestly not sure what the difference is? We have a flat lump sum on both our lives that ends when the youngest boy is 21 that would be enough for the survivor to manage on rather than the decreasing amount of the mortgage, I played with the comparison quotes till we got a good deal (and eventually £100 of cashback). Does your OH get any cover from his new job too?
    • redofromstart
    • By redofromstart 13th Apr 18, 8:20 PM
    • 1,597 Posts
    • 9,525 Thanks
    redofromstart
    Really need to go and put air in my tyres tonight after work, one of them is practically flat! Going to do it at sainsburys because their air is free!
    Originally posted by Brookside88
    Which one? I usually do mine at Fosse Park Asda and really resent the charge even though the petrol itself is far cheaper than it is out in the sticks.
    • swimminginaseaofdebt
    • By swimminginaseaofdebt 13th Apr 18, 8:40 PM
    • 699 Posts
    • 3,873 Thanks
    swimminginaseaofdebt
    if you look at the number of page views you should see that go up so you can see people are reading but not commenting.
    Originally posted by redofromstart
    I must admit I read a lot of diaries but very rarely post on them.

    Brookside good luck with clearing your debt. I have an almost 2 year old too. When is your little ones birthday?
    Pay all debt off by Christmas 2018 #150 - £895.62/£2018
    SPC11 #564
    • Brookside88
    • By Brookside88 13th Apr 18, 8:42 PM
    • 70 Posts
    • 156 Thanks
    Brookside88
    Which one? I usually do mine at Fosse Park Asda and really resent the charge even though the petrol itself is far cheaper than it is out in the sticks.
    Originally posted by redofromstart
    Oh my goodness are you in Leicester? Small world! Sainsbury's at fosse park is free and their for court is much bigger and less stressful. I've meant to do it a few times at asda but there's nowhere to pull up and wait if it's busy and then I'm in people's way so j just leave
    Barclaycard CC £5,912.12/£0___Virgin CC £0/£5,185___Zopa Loan £5,680.83/£5,293.50___Tesco CC £1,922.46/£1,847.46___MBNA CC £6,323.15/£5,683.15
    Total £19,838.56/£18,009.11 (9.2%)
    • Brookside88
    • By Brookside88 13th Apr 18, 8:47 PM
    • 70 Posts
    • 156 Thanks
    Brookside88
    if you look at the number of page views you should see that go up so you can see people are reading but not commenting. The other thing I found was that posting on other peoples diaries got people visiting mine. It can be a bit 'little lonely voice in the wilderness' otherwise.

    I tend to 'thank' as I go so I know where I am up to, but haven't been about much this week so now I am catching up.

    Congrats on the new job for your OH, hope that makes a really positive difference for you both.

    The life cover v the mortgage cover, I am honestly not sure what the difference is? We have a flat lump sum on both our lives that ends when the youngest boy is 21 that would be enough for the survivor to manage on rather than the decreasing amount of the mortgage, I played with the comparison quotes till we got a good deal (and eventually £100 of cashback). Does your OH get any cover from his new job too?
    Originally posted by redofromstart
    Will try and comment more on other people's. I find it quite daunting to read it all if there are more than about 4 pages though!

    With regard to the mortgage vs life cover. With the mortgage cover it just clears the mortgage rather than paying a lump sum so the other debts would still remain. Now that we have our little boy I feel like it would be better to have a lump sum payout if that makes sense.

    I've looked at topcashback and looks like I could get some cashback from them. I'm terrible at checking these things
    Barclaycard CC £5,912.12/£0___Virgin CC £0/£5,185___Zopa Loan £5,680.83/£5,293.50___Tesco CC £1,922.46/£1,847.46___MBNA CC £6,323.15/£5,683.15
    Total £19,838.56/£18,009.11 (9.2%)
    • Brookside88
    • By Brookside88 13th Apr 18, 8:49 PM
    • 70 Posts
    • 156 Thanks
    Brookside88
    I must admit I read a lot of diaries but very rarely post on them.

    Brookside good luck with clearing your debt. I have an almost 2 year old too. When is your little ones birthday?
    Originally posted by swimminginaseaofdebt
    He'll be 2 on the 8th June. How about yours?
    Barclaycard CC £5,912.12/£0___Virgin CC £0/£5,185___Zopa Loan £5,680.83/£5,293.50___Tesco CC £1,922.46/£1,847.46___MBNA CC £6,323.15/£5,683.15
    Total £19,838.56/£18,009.11 (9.2%)
    • redofromstart
    • By redofromstart 13th Apr 18, 8:51 PM
    • 1,597 Posts
    • 9,525 Thanks
    redofromstart
    I must admit I read a lot of diaries but very rarely post on them.
    Originally posted by swimminginaseaofdebt
    I'm quite shy so I found it difficult at first but generally people on DFW are lovely and welcoming. I try to say hello to new diaries and to anyone who comments on mine.

    Oh my goodness are you in Leicester? Small world! Sainsbury's at fosse park is free and their for court is much bigger and less stressful. I've meant to do it a few times at asda but there's nowhere to pull up and wait if it's busy and then I'm in people's way so j just leave
    Originally posted by Brookside88
    I'm not in the city but head in fairly regularly as the saving on fuel at Asda pays for the journey. Thanks, I'll try MrS next time I am over.

    ETA - You don't have to read it all - mine for example witters about cooking, cats, gardening and I never get round to doing the thing I am supposed to be doing. You don't have to suffer through however many pages it is, just jump in and say hello or ask a question and people will welcome you.
    Last edited by redofromstart; 13-04-2018 at 8:56 PM.
    • Brookside88
    • By Brookside88 14th Apr 18, 7:55 PM
    • 70 Posts
    • 156 Thanks
    Brookside88
    Evening all.

    Bit of a spendy 24 hours here , it was my little boys last day in the baby room at nursery yesterday so i got his key workers a little bunch of daffodils each and a card (annoyingly they'd both gone home by the time i got to pick him up so daffs will probably have past their best when they get them!). I was also given a list of things he'll need to have in the tikes room (kind of them). List included a pair of slippers so got them in asda too. spend was a tenner and then used my £3.15 price guarantee voucher so it came to £6.90 (5p carrier bag! not very MSE i know)

    Partner wasn't at work until 3pm today so we took LB swimming this morning. He didn't enjoy it as much as usual, i think it was a bit chilly so we didn't stay long and then got McDonalds on the way home (facepalm). Total spend today £8,.20 for swimming and £16 Maccys.

    So this evening I'm watching qmee like a hawk pouncing on surveys

    Hope everyone enjoyed the sun today. How nice is it to finally see a bit of spring!?
    Barclaycard CC £5,912.12/£0___Virgin CC £0/£5,185___Zopa Loan £5,680.83/£5,293.50___Tesco CC £1,922.46/£1,847.46___MBNA CC £6,323.15/£5,683.15
    Total £19,838.56/£18,009.11 (9.2%)
    • sashybo
    • By sashybo 14th Apr 18, 8:29 PM
    • 2,737 Posts
    • 20,340 Thanks
    sashybo
    Hi Brookside,

    You're doing well with your overpayments to the debt.

    Food is always our biggest fail when it comes to budgeting, we're busy/lazy/tired/easily tempted and this turns into takeaways/junk food. Trying our best to cook more at home, especially for our DS (10 months) as want him to eat well.

    As redo says reading & commenting on other diaries helps you get to know other regulars around DFW. I've been hanging around here for years & still don't have many people commenting on my diary. Don't take it personally, it doesn't mean people aren't reading or not interested. I generally comment on a diary when something resonates with me or I want to add my tuppence worth.
    Success is not final, failure is not fatal: it is the courage to continue that counts.

    PAD started 27/01/09 - £10,247 extra paid off debt. Total Debt paid off £50,597
    Loan £2575.31, CC 0% BT £1245, Car loans £22,960.14

    Have a Debt Free Diary to try & keep spending in check.
    • Brookside88
    • By Brookside88 14th Apr 18, 9:31 PM
    • 70 Posts
    • 156 Thanks
    Brookside88
    Hi Brookside,

    You're doing well with your overpayments to the debt.

    Food is always our biggest fail when it comes to budgeting, we're busy/lazy/tired/easily tempted and this turns into takeaways/junk food. Trying our best to cook more at home, especially for our DS (10 months) as want him to eat well.

    As redo says reading & commenting on other diaries helps you get to know other regulars around DFW. I've been hanging around here for years & still don't have many people commenting on my diary. Don't take it personally, it doesn't mean people aren't reading or not interested. I generally comment on a diary when something resonates with me or I want to add my tuppence worth.
    Originally posted by sashybo
    I've been making a conscious effort to use up what we have already but nobody likes a tired hungry toddler so maccys won us over today! ha! I've been buying and freezing a lot more meat recently, I tend to cook up 1kg of mince a week into bolognese and then freeze it in portions because it's so easy to just chuck in the microwave when the temptation of a takeaway strikes!

    I think I've read some of your diary actually, I'll check it out again now. I guess I just never feel like I have anything useful to say really!
    Barclaycard CC £5,912.12/£0___Virgin CC £0/£5,185___Zopa Loan £5,680.83/£5,293.50___Tesco CC £1,922.46/£1,847.46___MBNA CC £6,323.15/£5,683.15
    Total £19,838.56/£18,009.11 (9.2%)
    • Brookside88
    • By Brookside88 14th Apr 18, 10:00 PM
    • 70 Posts
    • 156 Thanks
    Brookside88
    1 qmee survey done - 50p. Withdrawn a fiver to PayPal. I didn't know there were so many questions about mattresses. Yawn fest!
    Barclaycard CC £5,912.12/£0___Virgin CC £0/£5,185___Zopa Loan £5,680.83/£5,293.50___Tesco CC £1,922.46/£1,847.46___MBNA CC £6,323.15/£5,683.15
    Total £19,838.56/£18,009.11 (9.2%)
    • jemreading
    • By jemreading 14th Apr 18, 10:27 PM
    • 333 Posts
    • 372 Thanks
    jemreading
    Hi Brookside (thought I'd pop in and say Hi, also from Leicester myself - it's strange seeing someone write in a diary the words 'Fosse Park' and know where you mean!!)

    If you have time and are looking for surveys, prolific academic have a good range of surveys. Cash out is £5. Some surveys are worth 30p, 40p and 70p and can take between 2-5 minutes, some surveys are £1+ and can take between 5-20 minutes.

    Also, if you ever buy stuff online you should consider going through topcashback.

    Sorry if you go/use all of the above - it may not be helpful!

    Jem x
    • Brookside88
    • By Brookside88 14th Apr 18, 10:31 PM
    • 70 Posts
    • 156 Thanks
    Brookside88
    Hi Brookside (thought I'd pop in and say Hi, also from Leicester myself - it's strange seeing someone write in a diary the words 'Fosse Park' and know where you mean!!)

    If you have time and are looking for surveys, prolific academic have a good range of surveys. Cash out is £5. Some surveys are worth 30p, 40p and 70p and can take between 2-5 minutes, some surveys are £1+ and can take between 5-20 minutes.

    Also, if you ever buy stuff online you should consider going through topcashback.

    Sorry if you go/use all of the above - it may not be helpful!

    Jem x
    Originally posted by jemreading
    Hi Jem,

    I've heard of prolific academic but I'd heard they're quite selective over members. I'll take a look because that sounds better than 25 mins of matress questions for 50p! Thanks

    I tend to use topcashback for things like car insurance etc, but most of my online shopping is though Amazon.

    Thanks!
    Barclaycard CC £5,912.12/£0___Virgin CC £0/£5,185___Zopa Loan £5,680.83/£5,293.50___Tesco CC £1,922.46/£1,847.46___MBNA CC £6,323.15/£5,683.15
    Total £19,838.56/£18,009.11 (9.2%)
    • WannabeFree
    • By WannabeFree 14th Apr 18, 10:47 PM
    • 1,392 Posts
    • 11,650 Thanks
    WannabeFree
    Hello

    PA is fab!

    I 'Thank' as I read along, I don't always pop out to post but I do always thank to show at least it's being read

    You've made a brilliant start

    x
    “Once you hit rock bottom, that's where you perfectly stand; That's your chance of restarting, but restarting the right way.”
    • swimminginaseaofdebt
    • By swimminginaseaofdebt 14th Apr 18, 11:06 PM
    • 699 Posts
    • 3,873 Thanks
    swimminginaseaofdebt
    He'll be 2 on the 8th June. How about yours?
    Originally posted by Brookside88
    The 29th June so not that far away from your little ones.

    I like PA too. I joined last year around this time and have had almost £400 from them since.

    I also do onepoll, yougov, mintvine, panelbasenet, inboxounds, swagbucks and opinion outpost although some of these have a higher payout threshold. I think it's just a case of trying them all out to see what suits you.

    I have subscribed to your diary as we have a similar level of debt. When are you hoping to be debt free by?
    Pay all debt off by Christmas 2018 #150 - £895.62/£2018
    SPC11 #564
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