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  • FIRST POST
    • twinklie
    • By twinklie 2nd Jan 19, 12:05 PM
    • 4,111Posts
    • 10,809Thanks
    twinklie
    Twinklie returns - debt free by 2020?
    • #1
    • 2nd Jan 19, 12:05 PM
    Twinklie returns - debt free by 2020? 2nd Jan 19 at 12:05 PM
    So I had a diary on here a million years ago. Since then I've had 2 children, moved around a bit and FINALLY we bought our forever home. I'd love to pay down my mortgage to become mortgage free and do have a diary to this effect. We've taken the mortgage out over 19 years rather than 25 in order to force us to OP.


    However, I still have some debts that need to be paid off and would like a little motivation in doing this and building savings at the same time. I don't want to turn my mortgage free thread into a paying down debts thread so thought I would start one here.


    Current outstanding debt is as follows at the start of 2019:
    Repayment of maternity leave - 503.26
    Credit Card - 598.74
    Tax Credits OP - 480
    Loan - 1,627
    Current total debt at the start of January 2019 = 3,209


    So today I've created a spending diary to keep track of monthly/annual spending and plan to use this to help me firm up what I'm spending and cut back where we've got a bit spendy. To be honest I don't know what our outgoings are yet because of only just moving house (I've done the utility swap etc though), so will need to keep a close eye on it.


    I'll be honest, this last month we've spent way too much on unnecessary excess, but I guess it's that time of year. We've also got a few things we want to buy for the house to help keep things in the correct place. DS1 is autistic so order and things having a clear place to live are very important to us. At the minute we don't have that and his independence has taken a step back (what little he has anyway).
    • Coat stand.
    • Lawnmower. Bought
    • Toaster and kettle. Bought
    • Mattress.
    • Bed and mattress for DS1. Bought
    • Storage boxes.
    • Storage unit/shelving for the living room.
    We've ordered the bed for DS1 and the lawnmower in the sales. Doing the same with the toaster and kettle and hopefully the storage boxes. Everything else may have to wait a while - the coat stand may need to be bought sooner rather than later though.


    Our car is super old and is likely to need replacing this year so although I'm hoping to be debt free at the end of 2019 (minus student loans and mortgage), it's likely we'll have to take out a loan for a new car.


    Lets see what 2019 brings...hope you will join me on my journey.
    Last edited by twinklie; 03-01-2019 at 6:26 PM.
    Daily mortgage interest 31/10/18 - £16.45. Jan 2019 - £16.34
    % of house owned/% of mortgage paid off. 31/10/18 - 10.4%/0%
    Jan 2019 - 11.1%/0.68%
    MFiT-T5 #13
    Aim to be debt free by the end of 2019. % remaining Jan 19 - 97.2%
Page 1
    • pavlovs_dog
    • By pavlovs_dog 2nd Jan 19, 12:23 PM
    • 9,792 Posts
    • 23,961 Thanks
    pavlovs_dog
    • #2
    • 2nd Jan 19, 12:23 PM
    • #2
    • 2nd Jan 19, 12:23 PM
    good to see you back on the forums Twinklie
    know thyself

    Nid wy'n gofyn bywyd moethus...
    • twinklie
    • By twinklie 2nd Jan 19, 1:05 PM
    • 4,111 Posts
    • 10,809 Thanks
    twinklie
    • #3
    • 2nd Jan 19, 1:05 PM
    • #3
    • 2nd Jan 19, 1:05 PM
    Thank you.

    I should add DH has some debt as well but Iím focusing on mine before worrying about his.

    We are also decluttering and plan to sell a few bits here and there hopefully.
    Daily mortgage interest 31/10/18 - £16.45. Jan 2019 - £16.34
    % of house owned/% of mortgage paid off. 31/10/18 - 10.4%/0%
    Jan 2019 - 11.1%/0.68%
    MFiT-T5 #13
    Aim to be debt free by the end of 2019. % remaining Jan 19 - 97.2%
    • twinklie
    • By twinklie 2nd Jan 19, 5:36 PM
    • 4,111 Posts
    • 10,809 Thanks
    twinklie
    • #4
    • 2nd Jan 19, 5:36 PM
    • #4
    • 2nd Jan 19, 5:36 PM
    Current outstanding debt is as follows:
    Repayment of maternity leave - 503.26
    Credit Card - was 598.74 / now 567.26
    Tax Credits OP - was 480 / now 440
    Loan - 1,627
    Current total debt at the start of January 2019 = was 3,209 / now 3,153


    Made $20 (I don't appear to be able to get a pound sign so will have to use the $ sign instead) selling some old boots that were just taking up space.
    Last edited by twinklie; 02-01-2019 at 8:31 PM. Reason: Made a little payment on CC
    Daily mortgage interest 31/10/18 - £16.45. Jan 2019 - £16.34
    % of house owned/% of mortgage paid off. 31/10/18 - 10.4%/0%
    Jan 2019 - 11.1%/0.68%
    MFiT-T5 #13
    Aim to be debt free by the end of 2019. % remaining Jan 19 - 97.2%
    • twinklie
    • By twinklie 3rd Jan 19, 6:22 PM
    • 4,111 Posts
    • 10,809 Thanks
    twinklie
    • #5
    • 3rd Jan 19, 6:22 PM
    • #5
    • 3rd Jan 19, 6:22 PM
    Current outstanding debt is as follows:
    Repayment of maternity leave - 503.26
    Credit Card - was 598.74 / now 548.74
    Tax Credits OP - was 480 / now 440
    Loan - 1,627
    Current total debt at the start of January 2019 = was 3,209 / now 3,119


    It was a spendy day though. Took the kids for haircuts, DS2's feet have grown so had to get him some new shoes (got some in the sale though ). Then the boys decided they were starving so ended up spending 6 quid in a cafe for drinks and snacks. Also ordered and paid for the new kettle and toaster for collection on Saturday.
    Last edited by twinklie; 03-01-2019 at 6:25 PM. Reason: I can't count
    Daily mortgage interest 31/10/18 - £16.45. Jan 2019 - £16.34
    % of house owned/% of mortgage paid off. 31/10/18 - 10.4%/0%
    Jan 2019 - 11.1%/0.68%
    MFiT-T5 #13
    Aim to be debt free by the end of 2019. % remaining Jan 19 - 97.2%
    • twinklie
    • By twinklie 4th Jan 19, 4:41 PM
    • 4,111 Posts
    • 10,809 Thanks
    twinklie
    • #6
    • 4th Jan 19, 4:41 PM
    • #6
    • 4th Jan 19, 4:41 PM
    ANOTHER spendy day it being the weekly shop. £57. I know we’ll get little extras over the next week as well which infuriates me.
    Daily mortgage interest 31/10/18 - £16.45. Jan 2019 - £16.34
    % of house owned/% of mortgage paid off. 31/10/18 - 10.4%/0%
    Jan 2019 - 11.1%/0.68%
    MFiT-T5 #13
    Aim to be debt free by the end of 2019. % remaining Jan 19 - 97.2%
    • twinklie
    • By twinklie 4th Jan 19, 9:35 PM
    • 4,111 Posts
    • 10,809 Thanks
    twinklie
    • #7
    • 4th Jan 19, 9:35 PM
    • #7
    • 4th Jan 19, 9:35 PM
    First little extra - curry and wine! Help me I’m weak.
    Daily mortgage interest 31/10/18 - £16.45. Jan 2019 - £16.34
    % of house owned/% of mortgage paid off. 31/10/18 - 10.4%/0%
    Jan 2019 - 11.1%/0.68%
    MFiT-T5 #13
    Aim to be debt free by the end of 2019. % remaining Jan 19 - 97.2%
    • twinklie
    • By twinklie 6th Jan 19, 11:19 PM
    • 4,111 Posts
    • 10,809 Thanks
    twinklie
    • #8
    • 6th Jan 19, 11:19 PM
    • #8
    • 6th Jan 19, 11:19 PM
    Spent £6.40 at my friends kids christening. Didn’t think that was too bad for drinks for the 3 of us.
    Back to work tomorrow. Sob!
    Daily mortgage interest 31/10/18 - £16.45. Jan 2019 - £16.34
    % of house owned/% of mortgage paid off. 31/10/18 - 10.4%/0%
    Jan 2019 - 11.1%/0.68%
    MFiT-T5 #13
    Aim to be debt free by the end of 2019. % remaining Jan 19 - 97.2%
    • twinklie
    • By twinklie 12th Jan 19, 11:09 AM
    • 4,111 Posts
    • 10,809 Thanks
    twinklie
    • #9
    • 12th Jan 19, 11:09 AM
    • #9
    • 12th Jan 19, 11:09 AM
    Works gone ok, new system has been introduced which is going to take some getting used too I think! So it’s kept me pretty busy.
    Weekly shops been done and managed to keep it to £60 with some bulk buys of toilet roll/toothpaste etc. Did have lunch there though.

    Managed to sell another few bits (all dog stuff, since our dog died 3 years ago). Think I’ve made the decision not to do any overtime this month. I just don’t think I have it in me. Why on earth I feel guilty about this decision is beyond me!
    Daily mortgage interest 31/10/18 - £16.45. Jan 2019 - £16.34
    % of house owned/% of mortgage paid off. 31/10/18 - 10.4%/0%
    Jan 2019 - 11.1%/0.68%
    MFiT-T5 #13
    Aim to be debt free by the end of 2019. % remaining Jan 19 - 97.2%
    • Choccygirl123
    • By Choccygirl123 12th Jan 19, 11:35 AM
    • 420 Posts
    • 1,185 Thanks
    Choccygirl123
    Well done for selling the dog bits and boots. I love making some extra Money just as much as I love decluttering. I've joined the sealed pot chslldbeyso all my sakes are going in that fir Christmas 2019.

    Good luck with paying your debts off x
    Always counting down to pay day, but making baby steps getting life on track! Looking forward to cracking the debt once and for all.
    SPC 090 - £69.45 / £500
    • twinklie
    • By twinklie 13th Jan 19, 7:55 PM
    • 4,111 Posts
    • 10,809 Thanks
    twinklie
    Well done for selling the dog bits and boots. I love making some extra Money just as much as I love decluttering. I've joined the sealed pot chslldbeyso all my sakes are going in that fir Christmas 2019.

    Good luck with paying your debts off x
    Originally posted by Choccygirl123


    Thanks Choccygirl, I'm loving decluttering (and the extra money too). To be honest, most of it that's left is baby stuff (hopefully getting rid of lots next weekend) and DH's stuff. He's shocking at getting rid of stuff...but he's trying.


    We'll get there. Then we need to streamline the kids toys etc once we've done ours. However, I have hubby well trained - he's just spent some money on some very reduced priced lego sets for he eldest. We'll give him some for his birthday (Sept) and/or Christmas. I'm so glad he's getting on board with shopping throughout the year.


    Still, I think his spending is a bit out of control this month! So my spending diary may well show us as in the red for the month! I hope not.
    Daily mortgage interest 31/10/18 - £16.45. Jan 2019 - £16.34
    % of house owned/% of mortgage paid off. 31/10/18 - 10.4%/0%
    Jan 2019 - 11.1%/0.68%
    MFiT-T5 #13
    Aim to be debt free by the end of 2019. % remaining Jan 19 - 97.2%
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