Meet the Other Phone. Protection built in.

Meet the Other Phone.
Protection built in.

Buy now

Please or to access all these features

Money matters

Find financial and money-saving discussions including debt and pension chat on our Money forum. If you're looking for ways to make your money to go further, sign up to our Moneysaver emails here.

Debt mutual support thread number 7 ....... Spring is coming - let the sun shine into your finances and your life

545 replies

TalkinPeace · 25/02/2015 19:25

This thread follows on from the last six threads in the series, the most recent of which is here.
www.mumsnet.com/Talk/legal_money_matters/2258202-Debt-mutual-support-thread-number-6-start-the-new-year-with-a-clear-purpose-and-keep-moving-forwards-even-by-tiny-steps?

We live in a society that makes it horribly easy to get into debt but makes it incredibly hard to admit you have a problem and even harder to get out of debt.
The posters on threads, new and experienced, are here to help people get to where they want to be.

I am not in debt, any more.
Here is a link to some spreadsheets that might help
www.mumsnet.com/Talk/legal_money_matters/1987219-SPREADSHEETS-for-Debt-Control-Budgeting-Mortgages-etc

and lots of people use this
YouNeedABudget

The important things to remember are

  • yesterday is as past as the Crimean War
( we will not judge how you got into debt, but we will support you on the way out )
  • this is an anonymous forum
( we will not tell your employer, family or friends of the reality of your numbers and we are here day and night )
  • this thread is about supporting people through the huge mindset changes needed to come out of debt
( feel free to offload all of the feelings that drive you to want to spend, that make it hard to save and that generally make life crap at times, including getting those closest to you to recognise the changes needed )

Join in, bare your soul and come out the other end.
Its worth it.
You are worth it
The long term results for you, your partner, your children, and your friends and family are worth it.

OP posts:
Baddz · 29/07/2015 08:20

You are an inspiration bookish :)
Well done.
If I get a job it will make a difference...more money coming in, no matter how little will be better than none!
After our re jig we will be £5/600 "better off" per month...that's is, we can throw money at the debt.
Our aim is to pay the debt off before the 0% ends.
Fingers x!

Baddz · 29/07/2015 16:51

Well...I just for a phone call and got that job!
It's only going to be £250 per month but hey...£250 more than I have now!
:)

annielostit · 29/07/2015 16:57

Well done baddz, £250 is half the shopping budget.Smile

Baddz · 29/07/2015 16:58

Very true!
and I get a 10% discount :)

midnightmoomoo · 29/07/2015 19:12

Woo hoo!!!! Well done Baddz!!!

TalkinPeace · 29/07/2015 19:51

Oh that is splendid news Baddz
Onwards and upwards

OP posts:
Thefacttheyact1234 · 29/07/2015 22:08

Congratulations baddz. Onwards and upwards!

midnightmoomoo · 31/07/2015 23:16

Good news here, DH has got a 0% everything Virgin card so all our debt is now on 0%, hurrah!

Bad news here, our front door frame has split so some time soon we need to replace it and the side window next to it.

Oh, and the tax credits overpayment won't be asked for until this time next year. Is it s bad thing to be thinking I could use it to my advantage now (I have £900 plus in my account but they only want £700 back) as long as I make sure the £700 is back in place to repay after next years TC renewal is done?

DebtFreeWannabee · 02/08/2015 17:49

Hello I would just like to ask a quick question if you all wouldnt mind.Ive been inspired by all of you as I have read these threads from the start but im to shy so have not joined yet.
I have about 3000 worth of debt over 1 credit card next studio and very accounts. I'm mystified about balance transfers.If I applied for a balance tranfer through noddle would it mean all of my current debt would go onto the one credit card and so I would only be making one payment each month over 0% period. Or would it just tranfer my credit card debt over to the new card. As you can tell am quite naive and confused about what to do. All I want is to get rid of this debt so that I can stop worrying at night and to improve myself and my dd's quality of life.

UrsulaBrangwen · 03/08/2015 15:51

Yes, if you can transfer your 3000 onto one 0% cards then, it will save you a fortune in interest over time :) I know that the interest levels on Next and Very are extortionate. So ... It should also mean that your monthly payment can be lower.

I have 3700 on a 0% Virgin card and the minimum is £37 a month - although I have set up a standing order to pay £50 per month to get rid of it faster.

Are you using noddle to credit match? The kinds of deals you can expect to be offered will depend on your credit rating.

moneytalks15 · 04/08/2015 21:21

This reply has been deleted

Message withdrawn at poster's request.

midnightmoomoo · 04/08/2015 23:45

I had a result today, went for a free eye test and the chap asked about any vouchers to help and I remembered we were sent nhs cards from the tax credit people so I checked and it covers help with glasses....,,, as I don't need them all the time I decided to go for one pair (I hate buying glasses with a passion and have had my rimless ones for ten years now) so I paid £40 for them - the glasses were £10 instead of £69, and I chose to pay £30 for the anti reflective coating. Very pleased, especially as I find it so hard to find frames I like and which suit me.

I have told DH he needs to go too in case his prescription has changed, as he wears them all the time and spends so much time in the car.

If the chap hadn't mentioned it, I wouldn't have thought about it so I made a point of thanking him when I went back to order them.

I hope everyone is coping with the kids and holidays. Mine are driving me nuts, but so far so good and spends have been low. However, we need to replace our front door and window as its split, so that's a big spend looming. Plus our side gates have to be done. There's always something, isn't there?!

Baddz · 05/08/2015 12:35

Sounds like everyone is doing really well :)
I am overdrawn ATM but only until I get a chq to cover some expenses for the holiday club I am running next week.
We have mostly been doing cheap/free things like NT places/bike rides/walks etc but the weather has been soooo rubbish here!
We picked up ds2s new glasses today - free thank god!
The garage can't find the leak in my car so I suppose that's one less bill! (Which I knew where the water was coming from though!)
I am still suffering with my tooth but am trying to ignore it ATM. Just can't afford more work.
I have my induction day at work on Friday morning! its been a Long time!
We have £10k on our 0% cc :( but we are hopeful we can pay it all off on the 0% period (26 months)
Not sure re holidays next year. We need somewhere cheap and cheerful :) im thinking maybe North Yorkshire again.
I am planning to ask for money for my b day in October. Taking ds2 to legoland for his bday AND my sil told me about a voucher deal for legloand! Will save us £80!!!! AND we are staying with family so no hotel bill! :)
I have already got his small b day gifts (both half price on Amazon :))
We have been naughty and been to macdonalds today but dhs aunt gave the boys some money (£10) so we used that.
AND I havent started Xmas shopping yet! Very odd for me. But I am hoping if I leave it til November I won't buy as much and prioritise.
All in all I feel a bit more in control
And it feels good.

KinkyDorito · 08/08/2015 18:58
Smile
TalkinPeace · 12/08/2015 14:29

Hi all. I'm back from my hols. Tanned, flabby, broke. But hey.

Baddz
Your planning and forward thinking is clearly becoming second nature now. Cool.

OP posts:
Baddz · 12/08/2015 14:44

Sounds like a good holiday!
:)
Hopefully get the chq tomorrow for holiday club expenses. Phew.
Not feeling too good actually, Dh and ds1 off for 4 days tomorrow I have work this weekend. I have vertigo and Dr doesn't know why :(
Must try not to fall over!

KinkyDorito · 20/08/2015 16:20

Long time no see - holidays! Grin

Just a quick update that DD blasted her GCSEs. I'm so proud of her. For those who don't know, she lost over a couple of years from school as she had cancer. Her attendance has been awful until this year. She got 2 A*s, 3 As, 1 B and 1 C (in Maths, that we were very worried about her getting).

Badders123 · 20/08/2015 16:26
TalkinPeace · 20/08/2015 17:29

Kinky that is fantastic news
Badders : you would still get the child benefit but your DH would have to do a tax return to pay part of it back. Not a big hassle.

OP posts:
KinkyDorito · 20/08/2015 17:53

Thanks Thanks Thanks.

Badders sounding excellent on the work front!

Badders123 · 20/08/2015 18:12

It should mean we can pay off the cc within the 0% time limit :) and get some money in a savings account.
That would be good!
We are going away for 5 days in May/June (Wales) to try and keep costs down. It's booked - just need to pay the balance in March.
Then we might have a few days out here and there.
Xmas budget worked out.
Amazon list begun.

hookiewookiedoodah · 23/08/2015 23:21

Hello all.I was hooker29 but have re-registered since the hacking.
I last posted a while ago and things were really shit then-well, they're still fairly shit, but improving!
DH's health is not brilliant-he has osteoarthritis, and psoriatic arthritis, which is psoriasis in his joints and is incredibly painful;his ankles, knees and hips 'burn' constantly. He has to use 2 sticks when we're out and about, gets tired quickly and has to rest when he can.He's had 2 MRI scans which shows his condition is getting worse;has seen a podiatrist twice because his feet are deteriorating due to his condition and his arches are breaking down.He also has pstosis which means the muscles behind his eyelid are weakening and it droops-he may well need surgery in time to come.Anyway, despite all this, he was still turned down for PIP;the guy who 'assessed'him (will use that term loosely as it was all done by letter not face to face) decided he wasn't ill enough. DH is 46 and feels about 106.
Anyway, he has managed to 'secure' work. He applied for,and was taken on, as a casual caretaker at our local secondary school.The pay isn't brilliant, but it's only a 4 minute walk (albeit a long,painful one for him!) from home so there's no travelling fares to pay.Although he's been full time since he started, we desperately want him to be taken on permanently-he loves the job-but, as he's still casual it means that at any time he can be told he's not needed anymore. The downside is that it has a massive effect on his health;by Wednesday evening he practically falls through the front door, has his tea, and goes to bed.It's done a lot for his morale though,and has taken some of the stress off me.
Thanks to my Father-in-Law, we did have the holiday that we booked at the end of last year.We have a tourer,and we went to a campsite in Cornwall for 2 weeks. FIL gave us spending money, my mum gave us some, and my brother paid for our petrol-I was stunned by their generosity; my brother just shrugged and said "That's what families do". I was incredibly stressed before we went, which I didn't actually realise until we'd been there a few days.I'd been the sole breadwinner for over 7 months,with no benefits whatsoever,worrying about money and also worrying about DH.My daughter was having trouble at school from some other girls, and DS was doing his AS levels. I'd developed clusters of boils between my legs, and sores in my mouth.I'd also developed a bowel issue-my stomach constantly churned all the time;it woke me up at night and I'd be on the loo 3 or 4 times a day.I began to think there was something seriously wrong with me! Anyway, since the holiday, it's all cleared up and I really don't want to feel that way again.It was awful.
Anyway......financially,obviously anything he brings in is a bonus! I've set up a SO to pay the 'next' account, and transfer £300 a month to pay for food-it means a lot to me to do that because my Mum was buying it.It has to be the worst feeling ever not being able to put food on the table yourself for your kids. We're back to paying the full amount every month for the mortgage;have to say that our mortgage company have been fantastic-extremely helpful and supportive. We have the equivalent of 2 months arrears to pay as well, which I don't think is that bad, considering we lost DH's income overnight.
My kids have been amazing-they know money is extremely tight,and I give them bits and pieces when I can,but they don't complain. We rewarded them by taking them to a theme park on holiday-i got a voucher for 10% off and very cheekily got DS in as a child ( although he's 17 and 6ft 3ins tall it was very funny!). I actually got very emotional watching them have fun together-they deserved every penny of it. The rest of the holiday was cheap and cheerful, but they had free Wifi, so were happy!!
We still have a long way to go, but, hopefully (please cross everything for us), DH will stay where he is and things will continue to improve, albeit slowly.
This little corner of Mumsnet is great-like many others on here, no one really knows the extent of our problems, but it's nice to be able to write it down and get it off my chest.Thank you x

TalkinPeace · 24/08/2015 13:33

Hi there hookie
God to hear from you.
Casual work is not ideal, but mentally for him to be bringing some money in and getting out and seeing other people will do all of you good.
YYY to teens and free wifi!
The disability assessments are just so much gone too far the other way.
Its a shame that we are stuck with undiluted Duncan Smith for the next few years, but the great British electorate voted for what they thought was their self interest.
At least your mortgage company are seeing the big picture which means you can relax on that side of it.

Enjoy this lovely August weather folks ( I suggest duvets and cups of tea )

OP posts:
UrsulaBrangwen · 25/08/2015 18:36

hi Hookie - it sounds as though you are doing very well under difficult circumstances. You must be so proud of your DH for working so hard when it must be so tiring for him. What a star!

Ive been in a similar situation as DH was a casual worker (supple teaching) for a good two years before he found more stable work. He actually begins his first proper permanent job next week! I'm starting a new job too so we're very busy.

We currently have our house on the market as we badly need to move - new jobs are a fair commute swat and we prefer the area near our new schools. Unfortunately nobody wants to buy our house it seems. We have agreed to reduce the asking price today and we have paid a tree surgeon to sort out our yew tree out front as on our current picture it looks a bit wild. I really really hope it helps as not one person has wanted to see it so far :(

It's quite a nice house too. It is small but it has three nice bedrooms, nice garden, some period features etc. Just near the station etc. It does had an old (but cream and neutral) kitchen but we have tried to reflect this in the price.

But ... I suppose that each month that goes by I'm chipping away at debt and hopefully saving a little. I'm quite glad it's the end of the holidays in a way. Having children off with you for seven weeks is very very expensive!

Alterego1965 · 26/08/2015 14:57

Name changed here after being hacked. Very reluctant to over share financial situation, but it's basically improving. Ynab has helped so much.

I'm in the middle of a job change. I have looked at the drop in income if I'm out of work for a bit. We'd be ok but things would be very tight.