Amy and Jon bite the bullet to get debt free.....

amyandjon

Thanx aussie yes i am glad jon is on side .... i would struggle if i couldnt have a joint effort itell him whats happening lol ..... definatley much better with cashflow now... in the next few months i think we will see the rewards... hopefully the banks will have made the minds up and i can reep the rewards of my bank charges woo hooo .... itstiring work been a dfw lol but it keeps me occupied and busy from spending lol ! i think il be pleasently happy when the unsecured debt is below 30k it wont feel so heavy on our shoulders.... if only we had a windfall lol ahhh one can only hope !! :rotfl: jon does all the ebaying i just tidy the debt books and make the payment a day challenge to the credit cards lol :T xx

WorkingHardDFW

Hi amyandjon

Just wanted to say well done on posting up your total debt in your signature. Facing up to what you really owe is hard and takes a lot of courage. Each hurdle is a small step towards being debt free.

I found it helpful to keep a month by month total of the debt to see how much its reducing. Now we're not spending on the CC its good to see the totals falling each month. I actually look forward to getting my CC bills each month to see what the totals are - in fact I generally check on line first to check - How sad is that:o

Ref paying off the smaller bills first. Whilst I completely understanding how getting a few debts off the list is helpful in the motivation stakes it does make sense to target your debt payments at the most expensive debt. This might bring your DFD a month or two closer. Have you tried whatsthecost.com which can help you ID which to pay first.

Good luck and keep up the good work:cool:

amyandjon

Hello workinghard... yes i knowits right topay off the highest intrest debts lol it will just take so long to clear it grrrr we have used the snowballer it seems wise to pay off the biggest both 5 k :S eeek..... i have a wedding to fund next year so need to get 3 grand saved for that :-) doable but very hard work hehe ...... i agree with you on your posts you just want rid of the debts but it will take so long its easy to spend its not easy to clear it would help if we could get a 0% credit card and get some intrest off some of the cards i feel abit fed up today now..... im sick of seeing that 50k number :eek: ... how do we keep ourselves going on days like this boo hoo !! and im annoyed my oh pays such high intrest !! the bloooming shame of it grrrrrrrrrr.......... ahhh dear dear dear x

Parsley_2

Don't fret about it. Rather than looking at the £50k look at the amount paid off. That will increase each month as the £50k decreases.

Someone on another thread was suggesting phoning the cc company to see if they would decrease the interest payments. Certainly couldn't hurt.

Marie

amyandjon

We phoned the credit card company and unless your unable to make the payments they wopnt consider reducing the debts which is fine, eventually as they come down so will the intrest eh :P ... hehe il get there i will i may play on the snowball calculator :P hehe

Parsley_2

At least you tried. Seems unfair that they can't help you when you're struggling but can only help you when you start failing. I would have thought they'd want some interest paid rather than none. Maybe there's a reason I don't run a cc company. I think I'd be very bad at it.

Have fun on the snowball calc and remember to fill in that book.

amyandjon

Hey ive been doing some thinking and at the moment it seems important to me to save for the wedding before i think of making overpayments i dont want to end up worrying about not having the cash.... imgoing to talk with my bro tonight see if he can loan me some of his 0% credit card space.... see how hes fixed he probably say no but ive bailed him out a few times ;-) hehe....... might help a little bit eeek :P one can but try xxx

amyandjon

OOO brother says we can talk about it...normally he says no straight out been a tight !!! lol.... maybe hes willing to help me ... we shall see eh ... gosh what a intrest weight lift that would be otherwise carry on battling on lol the joy !! fingers crossed fingers crossed fingers crossed :P im going to see if he will use the egg card at 0% because you can transfer from your current account you see then he can pay teh credit card and then we pay him !! only if he allows .... hey if you cant ask family for help who the hell can you ask... one day il repay him the favour

Parsley_2

That's good of your brother. I take it you'll be hiding the money away somewhere and paying him back each month what you can afford. That way you're prepared in advance with no worries for the wedding.

I did similar with my Auntie. I asked to borrow some cash to clear an overdraft so the account would be usable and expected her to say no but she said she'd think about it and talk to her husband and they said yes. Have to make the first payment back to them later this week but I really didn't expect them to agree. Was a big weight off as don't need to worry about that one now. (It's being paid back by the business rather than by us so not in my DMP)

Good luck.

amyandjon

HAHA i just had a shocking moment... we wre updating the soa and recalculated to find that 12000 asmissing so we were looking at all the debts accounted for and i was saying where did i get my other sum from just as i was about to celebrate i realised id missed a 0 off an amount lol aww the joy !! crazy eh :P