Batten down the hatches.....
Comments
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Hello Ena,
What fantastic news and amazing to see you back!
I'll look forward to seeing your updated totals after the 22nd! Wow! That's pretty spectacular, given that it's been Christmas and you've got money to spare to pay off the cards. Bet paying off N/wide was a good feeling?
Well done once again.* * * Catriona's Credit Card Countdown * * * from -£16k to debt neutraldom - for my debt diary click here
Barclaycard -£5,867.52;
mbna1 - 3,009.22
mbna2 - 1,755.70
Savings £5,017 MFiT #25 £2,627/£10k; daily interest £5.040 -
GoingToDoIt wrote: »Happy new year Ena!!!!
You're so meticuolus in keeping track of pounds and points! I thought you'd fallen down a work-hole, good to see you back.
You know what points make? Prizes, that's what. And my prize is becoming debt free :rotfl:;):D Haha I only do it so I can look back and if I know I have to confess, it might stop me being too frivolous
Thanks gonna, it's good to be backDebt Apr 15 - £6895.44 Apr 17 - £2500 Dec 17 - £560 July 18 - £199
CHEFS challenge (Cruise Holiday Entirely Funded by Surveys) - £685.79
Every penny is a prisoner0 -
catriona79 wrote: »Hello Ena,
What fantastic news and amazing to see you back!
I'll look forward to seeing your updated totals after the 22nd! Wow! That's pretty spectacular, given that it's been Christmas and you've got money to spare to pay off the cards. Bet paying off N/wide was a good feeling?
Well done once again.
Thanks my dear, it's good to be back.
Oh paying off Nati0nwide was amazing. I'm going to feel even better at the end of the month when Barcl@ycard goes. Karate chopping 2 CC's in 2 months feels good and I'm not stopping until the other 2 go
Hope you're goodDebt Apr 15 - £6895.44 Apr 17 - £2500 Dec 17 - £560 July 18 - £199
CHEFS challenge (Cruise Holiday Entirely Funded by Surveys) - £685.79
Every penny is a prisoner0 -
Over the hump now. I really can't wait until the weekend, it'll be my first weekend in 8 weeks that I haven't worked. Lie in x 2 planned........oh yeah
Today
* £16.77 groceries and household bits
* VO survey
* 100SB earned
* £1.20 sweep into FD savings account
* £1 sweep into my overpayments account
I've started a new notebook where I'm keeping a running total of survey profits, account sweeps and any other income. I know last year I made over £500 but I didn't really keep track, plus I only started half way through the year. So far in 2016, I've made the equivalent of £2.75 in surveys and £5.27 of account sweeps. :j
I know lots of people have got debt free dates but I've never really committed to one. Until now. I [STRIKE]will hopefully[/STRIKE] WILL be debt free by Christmas. That's Christmas this year! :rotfl: I will have £150 over the next 2 months as no council tax will be paid which will reduce one of my CC's but then I need to pay off £400 per month :eek: I have previously been paying off about £275 per month which has dropped down to around £200 whilst I boosted my rainy day funds (apart from any survey money) so it may be a bit of a stretch. As I've previously mentioned, I need to remortgage in April and I have been considering borrowing a bit extra to reduce half my debt but I'm not sure I'll do that now. Still debating it. I would like to pay it off myself but the need to leave work and be debt free might just persuade me to do it.
I couldn't sleep last night as I was mulling things over. It was mostly excitement that I can finally see light at the end of the tunnel. 20 years of being in debt is coming to an end I think............:oDebt Apr 15 - £6895.44 Apr 17 - £2500 Dec 17 - £560 July 18 - £199
CHEFS challenge (Cruise Holiday Entirely Funded by Surveys) - £685.79
Every penny is a prisoner0 -
Orange_Ena wrote: »Over the hump now. I really can't wait until the weekend, it'll be my first weekend in 8 weeks that I haven't worked. Lie in x 2 planned........oh yeah
Today
* £16.77 groceries and household bits
* VO survey
* 100SB earned
* £1.20 sweep into FD savings account
* £1 sweep into my overpayments account
I've started a new notebook where I'm keeping a running total of survey profits, account sweeps and any other income. I know last year I made over £500 but I didn't really keep track, plus I only started half way through the year. So far in 2016, I've made the equivalent of £2.75 in surveys and £5.27 of account sweeps. :j
I know lots of people have got debt free dates but I've never really committed to one. Until now. I [STRIKE]will hopefully[/STRIKE] WILL be debt free by Christmas. That's Christmas this year! :rotfl: I will have £150 over the next 2 months as no council tax will be paid which will reduce one of my CC's but then I need to pay off £400 per month :eek: I have previously been paying off about £275 per month which has dropped down to around £200 whilst I boosted my rainy day funds (apart from any survey money) so it may be a bit of a stretch. As I've previously mentioned, I need to remortgage in April and I have been considering borrowing a bit extra to reduce half my debt but I'm not sure I'll do that now. Still debating it. I would like to pay it off myself but the need to leave work and be debt free might just persuade me to do it.
I couldn't sleep last night as I was mulling things over. It was mostly excitement that I can finally see light at the end of the tunnel. 20 years of being in debt is coming to an end I think............:o
TWO lie-ins!!!! You go girl! You've earned it! :T
Debt free date sounds amazing!!!
And may I just say, the last paragraph of your message made me feel great - it's an amazing feeling you describe, and I have felt it too! All power to us!
You're right to reconsider the additional borrowing in light of what you've just achieved.
While it would be good to owe less on the mortgage, it might be more secure to take some money out of it and keep it as security in case of joblessness, so that you can give up your current career and start something else.
I think if it was me, I'd consider a third scenario. Take money out of mortgage, but not pay off cards (if cards are all on 0%). Save the money in high interest paying accounts, that are instant access and make sure the new mortgage is fixed for 5 years, that way you will not be in danger of moving onto a shockingly high Standard Variable, when initial deal expires, and your new career may not yet afford you the house you currently live in. That way all your angles are covered for your career change.
1. Mortgage secure for 5 years.
2. 6 months expenses in a savings account
3. All cards on 0%. (Savings ready to repay them if need arises)
And best of all, you can trust yourself not to spend your savings - which isn't something I'd be able to say about myself!!!
When you've got some security with new job, you can then pay off your cards in one go (I know it's emotionally important). But if you have 0% debt, then it would be more savvy to keep hold Of your cash. Cash, after all, as we all know - is king.
Well done to you :beer::beer::beer: what a year!!! :T:T:T* * * Catriona's Credit Card Countdown * * * from -£16k to debt neutraldom - for my debt diary click here
Barclaycard -£5,867.52;
mbna1 - 3,009.22
mbna2 - 1,755.70
Savings £5,017 MFiT #25 £2,627/£10k; daily interest £5.040 -
catriona79 wrote: »TWO lie-ins!!!! You go girl! You've earned it! :T
Debt free date sounds amazing!!!
And may I just say, the last paragraph of your message made me feel great - it's an amazing feeling you describe, and I have felt it too! All power to us!
You're right to reconsider the additional borrowing in light of what you've just achieved.
While it would be good to owe less on the mortgage, it might be more secure to take some money out of it and keep it as security in case of joblessness, so that you can give up your current career and start something else.
I think if it was me, I'd consider a third scenario. Take money out of mortgage, but not pay off cards (if cards are all on 0%). Save the money in high interest paying accounts, that are instant access and make sure the new mortgage is fixed for 5 years, that way you will not be in danger of moving onto a shockingly high Standard Variable, when initial deal expires, and your new career may not yet afford you the house you currently live in. That way all your angles are covered for your career change.
1. Mortgage secure for 5 years.
2. 6 months expenses in a savings account
3. All cards on 0%. (Savings ready to repay them if need arises)
And best of all, you can trust yourself not to spend your savings - which isn't something I'd be able to say about myself!!!
When you've got some security with new job, you can then pay off your cards in one go (I know it's emotionally important). But if you have 0% debt, then it would be more savvy to keep hold Of your cash. Cash, after all, as we all know - is king.
Well done to you :beer::beer::beer: what a year!!! :T:T:T
Haha I know, 2 lie ins. How very indulgent
Wow you've given me food for thought there. As much as I want to be debt free, I want to leave my job more. I don't intend to not get another job so I'm hoping there won't be a break in employment, but if i'm going to do some training, I need some leeway. It makes sense to borrow whilst sorting out the mortgage soon and squirrel the money away. Haha you're right, I wouldn't spend it, I'd be too scared I can still carry on debt busting but it would be reassuring to have the money to pay it off if necessary and hopefully, I wouldn't have to dip in it whilst I am transitioning to a new job. Maybe I could make an overpayment on the mortgage lol.
I can't start sorting out a mortgage for another 3 weeks as my deal isn't up until the end of April. I really can't wait to get that sorted as I think I can get a much better rate. Not wishing my life away exactly but maybe just the next couple of months
Cheers, here's to a good year for us :beer:Debt Apr 15 - £6895.44 Apr 17 - £2500 Dec 17 - £560 July 18 - £199
CHEFS challenge (Cruise Holiday Entirely Funded by Surveys) - £685.79
Every penny is a prisoner0 -
One more day until my double lie in
Today
* £30.10 on a gift card and a few birthday cards in M@rks and Sp3ncers
* 50p for the car park
* £50 Am@zon gift voucher received from Nati0nwide for taking out their house insurance in September. Up to £110 in my Am@zon account now :j
* £1.23 sweep into my overpayments account
* £9.04 refund to an eb@y buyer who didn't get her item. Will start the ball rolling to claim the money back from R0yal M@il
I've been sorting out some stuff to get rid of. I was going to do a car boot but I really can't be bothered waiting until the warmer weather and I'm sick of the clutter now. Luckily, my sister loves doing car boots so she's about to get 6 boxes of stuff from me. I may get a drink out of it :beer:
:):)Debt Apr 15 - £6895.44 Apr 17 - £2500 Dec 17 - £560 July 18 - £199
CHEFS challenge (Cruise Holiday Entirely Funded by Surveys) - £685.79
Every penny is a prisoner0 -
Well hello there Mr Weekend, I've been waiting for you.........
Today
* 60p on an emergency sausage roll I saw a guy wearing a t-shirt which said sex, drugs and sausage rolls recently :rotfl:
* £10.53 on a helium balloon for a family member who is 70 tomorrow and a present for my friend who is 40 soon. I have another friend turning 40 too this month so more presents to get yet
* £5.55 on some bits from the farm shop
* £10 spent on 5 tickets for the rollover lottery tomorrow. I really wouldn't have bothered but TCB were offering £10.50 cashback if you open an account and deposit £10. I'm 50p up either way and this time tomorrow I could have £60 million quid........:rotfl::p
* £17.60 refund for a returned item of clothing I sent back last month
* £4.50 requested from TCB :j
* Youg0v survey
* VO survey
* 118SB earned
:):)Debt Apr 15 - £6895.44 Apr 17 - £2500 Dec 17 - £560 July 18 - £199
CHEFS challenge (Cruise Holiday Entirely Funded by Surveys) - £685.79
Every penny is a prisoner0 -
2 lovely lie ins Not as long as I'd hoped as a certain cat let it be known he was starving hungry :rotfl:
Saturday
* £1.50 on food
* £2.42 sweep into my overpayments account
* 28SB
* Got rid of 6 boxes of car boot stuff :A
Today
* Purchased my new sofa on 0% finance :eek:
* £49.94 on groceries, reduced price stuff for the freezer and a few stocking filler presents for Christmas!
* £27 on fuel
* 3SB - a very poor weekend of sw@gbucking
* Did a tip run. My house is looking a lot clearer after getting rid of this and the car boot stuff
I was going to get fuel tomorrow as I'm down to less than quarter of a tank but last week my fuel light came on miles from a garage and it's always a breath holding time hoping I don't conk out, so I've done the sensible thing and filled up. It's also rather convenient as I'm going to aim for 5 NSD's in a row. I'm alright for groceries and I can stretch the cat litter out until Saturday so I reckon I can do it. I might meet my colleague in C0sta Tuesday but I think I've got enough points for a small latte so no spends for me. I must resist all cakes and toasted sandwiches though :rotfl:
:):)Debt Apr 15 - £6895.44 Apr 17 - £2500 Dec 17 - £560 July 18 - £199
CHEFS challenge (Cruise Holiday Entirely Funded by Surveys) - £685.79
Every penny is a prisoner0 -
Orange_Ena wrote: »2 lovely lie ins Not as long as I'd hoped as a certain cat let it be known he was starving hungry :rotfl:
Saturday
* £1.50 on food
* £2.42 sweep into my overpayments account
* 28SB
* Got rid of 6 boxes of car boot stuff :A
Today
* Purchased my new sofa on 0% finance :eek:
* £49.94 on groceries, reduced price stuff for the freezer and a few stocking filler presents for Christmas!
* £27 on fuel
* 3SB - a very poor weekend of sw@gbucking
* Did a tip run. My house is looking a lot clearer after getting rid of this and the car boot stuff
I was going to get fuel tomorrow as I'm down to less than quarter of a tank but last week my fuel light came on miles from a garage and it's always a breath holding time hoping I don't conk out, so I've done the sensible thing and filled up. It's also rather convenient as I'm going to aim for 5 NSD's in a row. I'm alright for groceries and I can stretch the cat litter out until Saturday so I reckon I can do it. I might meet my colleague in C0sta Tuesday but I think I've got enough points for a small latte so no spends for me. I must resist all cakes and toasted sandwiches though :rotfl:
:):)
Wow, a new sofa!! Sounds amazing! And youve got the house ready for the new arrival too, by clearing it out! I love it when I can do a clear out, the feeling afterwards is amazing. So rewarding.
I think I may do a similar thing on my day off this week. I could do with clearing out the cupboard under the stairs and putting some of my clothes in the loft. You're an inspiration, Ena.
Well done on you planned 5 NSDs. :T* * * Catriona's Credit Card Countdown * * * from -£16k to debt neutraldom - for my debt diary click here
Barclaycard -£5,867.52;
mbna1 - 3,009.22
mbna2 - 1,755.70
Savings £5,017 MFiT #25 £2,627/£10k; daily interest £5.040
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