D4D

Boy, it sure would be nice if we had some grenades, don't you think?

Archive for the category “Rebuilding”

Fiscal Alterations

Over the coming year, there may well be some interesting changes in the finances, although I don’t completely know yet whether they’ll happen – because no-one is willing to give a definitive answer.  Needless to say, that’s frustrating. But hey ho.

The change, if it happens, will be significant. Basically, come August 2018, it’ll be the full six years since my bankruptcy was declared.  In theory, that means it should come off my credit score, as all things do after six years.  The thing is, no-one can tell me whether it’ll happen. It might be that it won’t come off for a further year, because while it was declared in 2012, the official bankruptcy period lasts a year, so it remained ‘active’ until 2013.

Even when I’ve asked financial advisors and debt counselling people, the best answer I’ve been able to get out of any of them is “It depends”

If that’s the case, it won’t come off my record until August 2019. It’s still livable with, and there’s nothing hyper-urgent or anything about clearing the record. It’d just be nice to know.

Once that’s off my record, then it’s a case of onwards and upwards. I’m doing OK already, but really it’ll be nice to have the clear record. Indeed, for now it’s the only thing that’s holding things back, so I’m looking forward to having it gone.  But only time will tell when it’s going to happen.

2017/18 – What’s Next? The Coming Year

As is traditional round these D4D parts, I lay out my hopes and/or plans for the coming year on my birthday. Like New Year’s Resolutions (and as likely to be completed, it seems) but on a different arbitrary date. Because why not? It’s as good a day as any.

That list for last year (2016/17) wasn’t massively successful, mainly due to my inability to get out less, so I’m hoping to be slightly more realistic this year…

So, the plan for the coming year is…

  1. Keep rebuilding the finances, adding to savings and so on.
    By the end of this year, I’ll have completed the whole bankruptcy process, and it should be off my credit history. (As I understand it. Some people have said it only comes off at six years from the end of the bankruptcy period, which’d make it September 2019. We’ll see)
  2. Exercise more, lose weight, improve health
    Another ongoing process, carried over from 2016/17
  3. Complete September’s walking marathon
    This imploded epically in 2017, so it’s another carry-over.  And this year I’ll do some more training, and not destroy my feet four weeks before it…
  4. Write more
    Actually complete some stuff, and see what to do with it from there.
    I’ve also got some tech answers to this, giving me more time and space for writing (I hope)
  5. Do less
    I’ve written about this before, but I am *really* bad at doing nothing. Lazy days do my head in, and I end up feeling stupidly guilty about “wasting” a day.  But conversely, I’m acknowledging that I do need downtime for other things. So I need this as a reminder.
  6. Business ideas
    Look at completing some of the business ideas and plans, and see what I can do with them from there.

And for now, that’s it.  I’m hoping it’ll be a bit more successful than last year’s list!

2016/17 – What Happened ?

So, a year ago I listed the following as the plans for 2016/17

  1. Continue rebuilding the finances, and keep boosting the savings
  2. Exercise, improve health, lose weight
  3. Complete September’s walking marathon – ideally in under seven hours. (My target is more ambitious than that, but I’ll be happy with 7 hours)
  4. Write more. (And ideally complete/publish some)
  5. Do more of the ideas around my own business
  6. Get out less.  Ideally, some kind of middle-ground between being ultra-quiet/sensible, and the idiocy of the last year
  7. Look more at some political ideas, and see how that goes. (This one’s the random ‘maybe’ one, I don’t know if anything will happen with it or not)

How did it go?

  1. Finances : Yeah, not bad.  Not at the totals I wanted to be at (which is a familiar theme) but I did what I wanted to, so I’m happy with that one
  2. Health : Less so. I haven’t gained any weight, but nor have I lost much. Good intentions have been undermined by an utter failure on Number 6, and life getting in the way of things
  3. Walking Marathon : Failed utterly, as I’ve wittered about at length.  But I’m already signed up for the 2018 one…
  4. Write more : Failed utterly. There are ideas, but as with Health, I’ve been abysmal at doing less, so yeah. Bugger.
  5. Own Business : Kinda. I’ve written out more of the plans, got some ideas in code, and been looking at other stuff. But actually done? Nope.
  6. Get Out Less : Also an utter failure.  I’ve been out loads, and in many ways have kept even busier than I did in 2015/16 – less Michelin-starred restaurants, but more things
  7. Politics : Looked at the ideas, but in the current political climate of Brexit and so on, getting involved on that score strikes me as…. less than wise.

So what’s on the list for 2017/18? Well, we’ll cover that tomorrow…

Stasis

This week, it’s the start of a new tenancy agreement for me at the current house – yep, I’m going to stay here for another year.

I know I’ve said this before, but staying put like this is – for me – very odd.  It’s already the place I’ve stayed the longest since I left school, by a long shot.

Indeed, the village is also now the longest I’ve stayed in one location, too – Manchester lasted a decent time, but I was in three different houses while I was there.

So, it’s all a bit strange.  But at the same time (and again, as I’ve said before) the main thing with being here is how easy it is to get away from it. That, really is the primary reason for staying here – everything else is easier, and my range for commuting and so on is just ridiculous.

There have been other reasons for staying here too, but they’ll have probably faded out by then. So I don’t know whether the decision will be the same next year or not.

For now though, I’m staying put.

Expensive

For a number of reasons, the last month has been idiotically expensive.  Some of it has been voluntary, some of it has been necessary. All of it has added up.

In the last month or so, it’s included…

  • Four new tyres for the car (Necessary, as all four were getting close to their wear limits)
  • MOT for the car (Necessary!) – thankfully, it only needed two new bulbs, so the MOT itself wasn’t all that expensive
  • Car Insurance – (Necessary, but also Voluntary – I paid the entire lot at once, rather than monthly, which saved about £60)
  • Tickets to see a band called The The in London next year (Entirely voluntary, of course)
  • Tickets to see Macbeth at the RSC in Stratford-on-Avon next year (Also entirely voluntary)
  • Tickets to see Titus Andronicus at the Barbican in London early next year (Voluntary)
  • New walking boots (Necessary, considering the damage I sustained from the broken old ones)

And that doesn’t include all the usual stuff.

So yeah, fairly expensive. It’s all still within my budgets and limits, and the majority will be paid off this month – but all the same, it’ll be nice if I can have a quieter October and November, with less outgoings!

Five Years A Bankrupt

It’s five years today since I declared myself bankrupt. As of today, I’m in the final year of it being on my record – and who knows what’ll happen from there.

It’s been a tough process, and it’s not one I’d recommend to anyone else – if nothing else, I’m pretty sure that most people going through it would also end up losing a lot more than I did – but for me, it’s worked out for the best.

I’m sure I’ll have more thoughts along the way, and will end up writing another post for a year’s time, when it’s finally all done and dusted.

Something New

Over the last week or so, I’ve been trying something new (well, new-ish) in the financial sector – Monzo.

I’ve been aware of a few of this type of “new banking” start-ups of late, but Monzo interested me when I read this article that talked about how closely it kept track of payments, and their whole customer service set-up.   In my own experience with banks, it’s customer service that is their greatest weakness, so I’m interested in how other ‘non high-street’ new financial organisations address it.

At the moment it’s “only” a pre-paid credit card option, driven entirely through a smartphone app – but they’ve got their banking licence, and are aiming to be starting a current account as well, again all driven through smartphone apps.

So far, the experience has been pretty good. (Note – for purposes of this, I used my iPhone – I can’t say anything at all about the Android version) I got the app through the App Store, and went through the initial stages.  Basically, just a name and date-of-birth for verification purposes, and then they order your card.

This took some time – but the expectations were managed all the way through, showing the queue of applicants, where I was in that queue, how many people were before me, and how many after.   Now, my cynicism kicks in slightly here, as I noticed that the number of applicants always stayed around the 25,000 mark, so it *could* just be a steady flow of incoming customers, or it *could* be all smoke-and-mirrors guff to make me think they know what they’re up to.

It took about four days to get to the top of the queue (I could’ve jumped places if I’d promoted Monzo on social media, but frankly, fuck off) and once that happened, I got a notification to say so.  This was where the identity stuff came in, and needed address details, plus an in-app photo of driving licence for proof-of-address, and a 5-second video to prove I’m real.

I’ve done an initial top-up (of a completely manageable amount – if the entire thing turns out to be a scam, I won’t be screwed) and the card has been sent to my home address. It’s due to arrive today, at which point I’ll have to connect it to the app – slightly annoying, as surely they know all the necessary details already – and then it should be ready to go.

I’ll write more about it in a month or so, once I’ve used it and seen how I feel about the entire thing.  So far, though, it’s been an interesting and positive experience – I hope it continues to be so!

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