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Its been ~6 years since my last post.. hard to believe but so much has changed since 2012. In late 2012 I decided we were not going to sacrifice the next 30 years paying down a 250k mortgage for a 2 bed apartment which was valued at 100k and needing 30k remedial works due to extensive pyrite...

Some more good news - The BOI debt have accepted a reasonable payment plan that’s affordable so hopefully that’s everything in place for me to clear the debts over the next couple of years. I'll keep this thread updated every month!

Month 6 is finished - Getting easier now although the morgage will be jumping to 1100/1200 from December and the €20,000 BOI loan has came up with the solicitors, I sent them an offer letter which hopefully will be accepted otherwise it will be going to court. Budget this month: Mortgage 900...

Hi All, Another quick update - Month 5 now (Things are looking up) I didn't post anything for month 4 because we had a holiday that cost €950 so wiped us out - I personally knew by going it would cause financial grief but foolishly agreed to go. Anyways Budget this month: Mortgage 820...

Thanks for the comments - The littlewoods debt is gone now - paid in full. I am monitoring the daily / weekly spend so the 175 is generous. Will keep an eye on it.

Yes I agree - the BOI loan and OD is still hanging over me - My plan is to clear all existing debt before the BOI payments – These will most likely be 500 per month. My goals and the totals I want to clear are, BOI CC: 2400 (Oct 2011) Halifax CC: 4800 (July 2012) Family Loan: 1800 (Nov 2012)...

Yes I'm on interest only until November then its up for review again. The BOI loan and Over Draft are with the solicitors - I met with mabs to try and negotiate a payment plan so should have an update on this in the coming months. The main focus is clearing the existing debt one at a time -...

Month 3 now Guys - Feeling great this month. Littlewoods in finally gone - I called to cancel the credit on the account so no worries of it happening in the future. Also I have a large surplus which I'm planning on putting against the BOI credit card Budget this month: Mortgage 810...

Yes the Electric + Gas was a little overdue - All is cleared now so we should be back to the normal bi monthly payments. Thanks for the advise Suzie - Got a €50 rebate from the Insurance company.

Well first month is over now - went fairly well - Had a couple of unexpected spends I didn’t really plan for, Wife did some driving lessons & passed the driving test - so cheaper insurance in a couple months’ time which should payback. (That’s the Family loan €260 at the end) Here is June’s...

Another positive, I adjusted the hot water last night. It was running for 3 hours every morning, changed it to 30 mins and still have hot water for shower and warn water for the day. Saves 75 hours of gas per month.

Hi Guys, Great comments, I don't want to turn this into a blame game as it will get us nowhere but just for the record - My personal out goings i.e. Money spend on myself by myself per month is about €50 - That’s a bad month. I have free transport to & from work, free lunches; I might go for a...

Yes it’s getting through slowly - There is no way I'm letting this slide. I can’t stand living the way we were the last 2 years. It was said earlier this is a lifestyle shift - I'm very happy to embrace it and get to a good position month after month. I will keep on her with the spending...

Hi, Thanks for the comments, Budget for this week: €175 Here's what was spent today, Baby Milk + Normal: 15 Mc Donald's: 9 kids clothes: 16 Postal Order: 15 (More crap we don't need) Kids Toy: 10 2x Cutlery sets + 2 candle stands: 48 Lotto: 3 Total: €116 Now you see what I'm dealing with...

Yes the €175 includes the shopping & entertainment etc.. My wife could child mind but given her LARGE circle of friends everyone is a stay at home parent. I'll investigate this! She went to 7 Friends kids birthdays last month FFS :-) ------------------------ As you have 0% interest on the...

Hi, Answers in bold, So you negotiated the mortgage to interest only. How long is this for and what did the bank agree in relation to the arrears. On Interest only 6 Months with a view to reducing the arrears - no deadlines etc... Very helpful in that regard. What is Littlewoods...

Here is this months outgoings, Mortgage 790 (Interest Only) Electricity 160 Gas 160 Mobile Phones 65 Internet 50 Food Supplies 500 Littlewoods 60 Maintenance...

Yes overdrafts are attracting the highest rates - Totally €2,200 owed They came to light today! The Life assurance is Additional Death cover for €250K just a precaution. Its perfect timing as I just got paid today and all debts paid first and a clear budget / plan for May. ( I have all the...

Hi, Yes we trashed this out today and I made sure, 1000000% sure she was happy with me looking after the finances. As for head in the clouds - Yes I knew things weren't going smoothly but was stupid and lazy I suppose - I should have stepped in much earlier. I have a great track record of...

Hi, Good points, Answers in bold 1. Your TV/BB package could be cut. Switch to free to air TV (total outlay of 200 approx). My BB & phone costs 45.00. You could reduce down this amount. I'm using free NTL 12 channels at the moment - The BB costs are €50pm for 50mb from magnet - its been rock...