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  • FIRST POST
    • Doodlebug5
    • By Doodlebug5 16th Feb 17, 11:04 AM
    • 67Posts
    • 54Thanks
    Doodlebug5
    Debt total once a day
    • #1
    • 16th Feb 17, 11:04 AM
    Debt total once a day 16th Feb 17 at 11:04 AM
    Hi everyone

    I'm creating this diary to show our debt balance every day and payments made...

    So current situation
    Argos card - £727.90
    Very account 1: £652.83
    Very account 2: 910.79
    Natwest CC: £325.86
    Mbna card: £2279
    NatWest loan: £1867.53
    Bed loan: £296.04
    Bike loan: £250.48
    OH car loan: £1020

    Total: £8330.53

    Tomorrow I'll be back with tomorrow's balance and the payment I'm about to make to Argos.

    Doodle
Page 4
    • ljj1986
    • By ljj1986 7th Apr 17, 12:19 PM
    • 20 Posts
    • 14 Thanks
    ljj1986
    You are still doing very well, bringing down that very account with the highest interest. Keep at it, I enjoy checking in on your thread to see how well you are doing reducing that debt almost daily.
    Debt 19/05/16 = £12,242.84.
    LBM 15/03/17=£7586.01 DFD April 2019.
    Target £0 Debt by Dec 2018
    • Doodlebug5
    • By Doodlebug5 8th Apr 17, 6:56 PM
    • 67 Posts
    • 54 Thanks
    Doodlebug5
    Today

    Argos card - £0
    Very account 1: £159.83
    Very account 2: £907.56
    Natwest CC: £137.20
    Mbna card: £2300
    NatWest loan: £1665.38
    Bed loan: £0
    Bike loan: £209.17
    OH car loan: £810. -£30

    Total: £6154.14

    Doodle
    • Doodlebug5
    • By Doodlebug5 9th Apr 17, 7:51 AM
    • 67 Posts
    • 54 Thanks
    Doodlebug5
    Today I didn't have £9.83 left to pay off the very... aaargh

    Argos card - £0
    Very account 1: £159.83 -£150
    Very account 2: £907.56
    Natwest CC: £137.20
    Mbna card: £2300
    NatWest loan: £1665.38
    Bed loan: £0
    Bike loan: £209.17
    OH car loan: £780

    Total: £6004.14

    Doodle
    • Doodlebug5
    • By Doodlebug5 9th Apr 17, 12:43 PM
    • 67 Posts
    • 54 Thanks
    Doodlebug5
    Other half said I could take the £9 out of out miserably low savings... so yay

    Argos card - £0
    Very account 1: 0
    Very account 2: £907.56
    Natwest CC: £137.20
    Mbna card: £2300
    NatWest loan: £1665.38
    Bed loan: £0
    Bike loan: £209.17
    OH car loan: £780

    Total: £5994.31

    Doodle
    • Karonher
    • By Karonher 9th Apr 17, 1:03 PM
    • 388 Posts
    • 1,871 Thanks
    Karonher
    Well done - below £6000 now
    Getting ready for Christmas 2017

    Aiming to make £4,500 online in 2017.
    • claremylove
    • By claremylove 9th Apr 17, 7:22 PM
    • 131 Posts
    • 279 Thanks
    claremylove
    Well done on the very account Doodlebug - you have done so well. Keep it going.
    *Proud to be dealing with my debts*
    £2 saving club 2017 #28 £150 (2014 £176; 2015 £568; 2016 £604)
    Saving for Xmas 2017 #80 151/365
    £1000 emergency fund challenge #232 100/1000
    • Doodlebug5
    • By Doodlebug5 13th Apr 17, 10:08 AM
    • 67 Posts
    • 54 Thanks
    Doodlebug5
    today:

    Argos card - £0
    Very account 1: 0
    Very account 2: £907.56 -£500
    Natwest CC: £137.20
    Mbna card: £2370
    NatWest loan: £1665.38
    Bed loan: £0
    Bike loan: £209.17
    OH car loan: £780

    Total: £5562.44

    Doodle
    • Doodlebug5
    • By Doodlebug5 14th Apr 17, 3:25 PM
    • 67 Posts
    • 54 Thanks
    Doodlebug5
    today:

    Argos card - £0
    Very account 1: 0
    Very account 2: £404.56 -£304.56
    Natwest CC: £137.20
    Mbna card: £2370 +£20
    NatWest loan: £1665.38 -£248.75
    Bed loan: £0
    Bike loan: £209.17 -£41.31
    OH car loan: £780 -£30

    Total: £4958.15

    Doodle
    • doingitanyway
    • By doingitanyway 14th Apr 17, 3:56 PM
    • 1,439 Posts
    • 5,964 Thanks
    doingitanyway
    Below £5,000 now. You are doing so well!
    JANUARY 2016/SECURED DEBT=24,822/ February 2017=10,492
    MORTGAGE FREE 25/07/16
    • Doodlebug5
    • By Doodlebug5 14th Apr 17, 4:47 PM
    • 67 Posts
    • 54 Thanks
    Doodlebug5
    Thanks doingitanyway
    • Doodlebug5
    • By Doodlebug5 20th Apr 17, 9:36 AM
    • 67 Posts
    • 54 Thanks
    Doodlebug5
    today: so we had to use the £300 we were going to pay on the very for something else. But I've checked and the rest is 0% till Jan 2018. I've also checked the bike loan and it's higher than thought as there was some charges on the account I wasn't aware of...
    Next to focus on is to pay the bike loan off (17% Apr) then the loan (9% Apr) then everything else is 0%

    Argos card - £0
    Very account 1: 0
    Very account 2: £400.23
    Natwest CC: £0
    Mbna card: £2394
    NatWest loan: £1416.63
    Bed loan: £0
    Bike loan: £205.24
    OH car loan: £750

    Total: £5166.10



    Doodle
    • enthusiasticsaver
    • By enthusiasticsaver 20th Apr 17, 9:44 AM
    • 3,215 Posts
    • 5,316 Thanks
    enthusiasticsaver
    To reduce debt from £8330 to £5166 in less than 2 months is really good. You seem to be very disciplined with the only lapses I can see the temptation to put takeaways on the credit card. Do you not have an eating out or entertainment budget within your current account for that so you are not tempted to increase the credit card balance? Admittedly I can see it is at 0% and so long as you carry on paying off at the current rate then it won't make much difference to your DFD.

    I assume after the debt is gone you will be saving for a new car by the time the PCP deal is up?
    Debt and mortgage free and saving for early retirement
    • Doodlebug5
    • By Doodlebug5 20th Apr 17, 9:50 AM
    • 67 Posts
    • 54 Thanks
    Doodlebug5
    Yes the takeaways are rubbish. we have the food in the house there is no reason for a takeaway. I end up binning food at the end of the week because we have bought a takeaway so it needs to stop. We have a Morrisons less than 100m from our house too! No entertainment budget but we each get £50 a week to spend with what we want so no reason I couldn't buy a takeaway out of that as I spend it on crap otherwise

    We move in June/July time so I want all of our debts gone or as much as possible as we are doubling our rent (going into a mortgage) and we have a good disposable income it just goes on debt.

    Next plan is to save the £7k to pay off the car balance as I've gone over the mileage already on my car so I would have to pay £2k plus when I hand it back so might as well buy the car but that's down the line
    • Doodlebug5
    • By Doodlebug5 21st Apr 17, 7:17 PM
    • 67 Posts
    • 54 Thanks
    Doodlebug5
    today:

    Argos card - £0
    Very account 1: 0
    Very account 2: £400.23
    Natwest CC: £0
    Mbna card: £2394 -£45
    NatWest loan: £1416.63
    Bed loan: £0
    Bike loan: £205.24
    OH car loan: £750

    Total: £5121.10



    Doodle
    • erin_transport
    • By erin_transport 21st Apr 17, 8:47 PM
    • 126 Posts
    • 630 Thanks
    erin_transport
    Just popping by to say well done. Very impressive!
    On a mission!
    • Doodlebug5
    • By Doodlebug5 22nd Apr 17, 8:30 AM
    • 67 Posts
    • 54 Thanks
    Doodlebug5
    today:

    Argos card - £0
    Very account 1: 0
    Very account 2: £400.23
    Natwest CC: £0
    Mbna card: £2349
    NatWest loan: £1416.63
    Bed loan: £0
    Bike loan: £205.24
    OH car loan: £750 -£30

    Total: £5091.10



    Doodle
    • mumto2girlsandaboy
    • By mumto2girlsandaboy 22nd Apr 17, 10:16 AM
    • 32 Posts
    • 210 Thanks
    mumto2girlsandaboy
    Hi, just read your diary, it must be nice to see all the debts reducing quickly you seem to have cleared so much in a short time.takeaways are our downfall, would it be worth rejigging your weekly spends and creating that takeaway budget then you dont feel guilty for getting one and it could be a goal that whatever is left at the end of the month goes to a specific debt.
    PAYDBX 2017 #073 796.88/£2500
    EF #220 550/£1000
    April GC 403.73/400
    May GC 0/380
    • Doodlebug5
    • By Doodlebug5 23rd Apr 17, 4:44 PM
    • 67 Posts
    • 54 Thanks
    Doodlebug5
    No payments to be made now till Wednesday. I spent the best part of a hour on the phone to NatWest complaints team the other day and its cost me £30... our phone bill for two is £145 this month �� Otherwise I would have paid £30 off something (usual bill is £115)
    • Doodlebug5
    • By Doodlebug5 26th Apr 17, 10:22 AM
    • 67 Posts
    • 54 Thanks
    Doodlebug5
    today:

    Argos card - £0
    Very account 1: 0
    Very account 2: £400.23
    Natwest CC: £0
    Mbna card: £2375
    NatWest loan: £1416.63
    Bed loan: £0
    Bike loan: £205.24 -204.79 (cleared account)
    OH car loan: £720

    Total: £4911.86



    Doodle
    • Doodlebug5
    • By Doodlebug5 29th Apr 17, 6:22 AM
    • 67 Posts
    • 54 Thanks
    Doodlebug5
    So we've had some news that has slightly scuppered our plans... the buyers of our house want to exchange at the end of May. So we are moving back in with mum and dad. Added benefit no house expenses to pay. Our new build won't be ready till end of July/ end of August.
    So I should have all my debt (minus my car) fully paid off before we have bought our first home and be debt free to start our new life

    today:

    Argos card - £0 +£45 (had to buy something for the house as it broke)
    Very account 1: 0
    Very account 2: £400.23
    Natwest CC: £0 +£45 (paid for a new tyre)
    Mbna card: £2395
    NatWest loan: £1416.63
    Bed loan: £0
    Bike loan: £0
    OH car loan: £690

    Total: £4947.86



    Doodle
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