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Project Budget starts here - clear the debt and save for second childhood
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rupe34
Posts: 1,022 Forumite
OK - very nervously going to start a diary...
Well - here's the story - I am in my thirties, married, 3 kids, we bring in a reasonable amount of money between us - but have a massive mortgage (cos we only bought a house 4 years ago, long story - some other time;)). We have about £1400 of debt - which if I stop being lazy we could get rid of by Christmas.
BUT I have a mad plan to go to uni next year - I already have a degree, so there will be NO financial help. So we need to get saving - because I am not the sort of person who can work, look after 3 kids and study. I'll go nuts.
So as of next September (if all goes to plan) - we'll be £1000 down every month - and paying for uni. _pale_
Today being September 1st, seemed like a good starting point for Project Budget...
So - I hope some of you will come along for the ride.
Well - here's the story - I am in my thirties, married, 3 kids, we bring in a reasonable amount of money between us - but have a massive mortgage (cos we only bought a house 4 years ago, long story - some other time;)). We have about £1400 of debt - which if I stop being lazy we could get rid of by Christmas.
BUT I have a mad plan to go to uni next year - I already have a degree, so there will be NO financial help. So we need to get saving - because I am not the sort of person who can work, look after 3 kids and study. I'll go nuts.
So as of next September (if all goes to plan) - we'll be £1000 down every month - and paying for uni. _pale_
Today being September 1st, seemed like a good starting point for Project Budget...
So - I hope some of you will come along for the ride.
Onward and upward - with the odd step to the side
November GC £255/£300
November GC £255/£300
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Comments
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Good luck! I'll be reading, see if I can catch some of your enthusiasm
Start Date: 27/11/2010
Padding: Day 42
Target £8000
Amount: £562.230 -
:rotfl: enthusiasm or madness - you decideOnward and upward - with the odd step to the side
November GC £255/£3000 -
Hiya:wave:
Thought I'd pop over and show my support:D I'm sure the others will toddle over at some point too!
Yay:jto starting a diary:T I have now subscribed and will be following you:p Might even get the nerve to do my own....one day....maybe!
Good luck hun xxxxxxxx1.11.09 - debt = £45k:eek:
[STRIKE]Car Loan = £0[/STRIKE] CCCS Total = £30,246.88 Total Debt Paid off - 32.78%
DFD [STRIKE]Nov[/STRIKE][STRIKE]Sept[/STRIKE]Aug 2018:o Only 75 payments to go:)0 -
Hi Rupe,
Just popping in to say well done on starting the diary - you're much braver than I am (I keep meaning to do it, but I chicken out!)
Working hard in the hopes of being 'lucky' 0 -
Hi!
have subscribed! 0 -
Hello lovely! Wow there you go I didn;t know that about you so I'm already learning something. What degree are you hoping to do? Why now, what's the decision?
Debt wise - sometimes the smallest amounts are the hardest to pay off so stick to the budget and be tough!
Can't wait to read all about it chicken! xx:TEnd of 2010 I was £8,007.66 in debt
Today's total: £7,297.06
Member of The Blondettes:beer:0 -
Hi Rupe,
I would love to be able to quit my job and do a full time degree, it would be my dream. But with £16k of debt that is not going to happen. What degree are you planning on studying? I have just been accepted onto a part-time CIPD course starting in February. I need to find £2800 per year though to pay for it........
I will subcribe and help keep you motivated. I started my own diary but I havnt updated it for about 3 months. Think I might start it up again.
xxxxx
I’m back and more determined than ever!!!!!0 -
Hi Rupe
Didn't realise you hadn't got a diary of your own! Your debt is similar to mine and like you I know it could be paid off by Christmas with a bit more effort so I'm trying very hard. Good luck - I have subscribed to follow your progress!I get knocked down but I get up again (Chumbawamba, Tubthumping)0 -
HI Rupe, Just checking in to say hello. I'll subscribe too. Like Tash I started a diary and haven't touched it for ages, so think I'll start again also.
Good luck.Debt at start of DMP 1/6/09: £2942 - £1942
Buffer Zone 1; £84 -
£2 saving plan:-0 -
Thanks you guys! Its a bit nerve-wracking starting a diary - kind of like PE at school - will anyone pick me for a team or not:rotfl:Onward and upward - with the odd step to the side
November GC £255/£3000
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