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Not much ... but it means a lot for me!

For the first time or god knows how many yeaars I've started to reduce my overdraft.

I'm usually up to about £1,400 ish of the £1,500 limit each month. I've got it down to £889 overdrawn today, and I get paid tomorrow. Meaningly I'll be another £200 closer to zero tomorrow. It may not seem a lot, but it's the first time I've ever seen light at the end of the tunnel.

Once this is back to zero, I can then start on the £10k on my credit cards. :o
Fantastic Expectations Amazing Revelations

Comments

  • mbaz
    mbaz Posts: 895 Forumite
    Not much?!! You've brought your overdraft down by £500 in one month!! Well done!! You should be really proud!

    :beer: :j :j :j :j :j:T :T :T :T
  • Catty212
    Catty212 Posts: 1,082 Forumite
    Part of the Furniture Combo Breaker Xmas Saver!
    I went for a job interview for a job today where I'll be paid monthly and £4k a year more than I'm on now, so fingers crossed! Hopefully I'll stick with it, and keep paying stuff off .. I may be debt free sometime before I'm 40 now haha btw I'm 23!
    Fantastic Expectations Amazing Revelations
  • OliveOyl_2
    OliveOyl_2 Posts: 3,506 Forumite
    :beer: Great news :j :j

    Overdrafts so easily slip into "invisible debt" don't they? It's so easy not to count them if you go into the black each payday......
  • mummum2
    mummum2 Posts: 617 Forumite
    Part of the Furniture Combo Breaker
    :beer: :j :j :j :beer: Good for you! Great achievement.
    Long Hauler No: 51
    DMP Mutal Support Thread No: 207
    Proud to be dealing with my debts
    DFD - June '13, aiming for December '12
  • GeorgeUK
    GeorgeUK Posts: 7,737 Forumite
    Well done Catty.

    When you're ready, why not post up a statement of affairs and we'll see if we can help crush the debt sooner.

    Keep up the good work.
    After falling off the gambling wagon (twice): £33,600 (24,000+ 9,600) - Original CC Debt: £7,885.91

    Dad Gift 6k ¦ Savings & Inv Tst: £2,500
    Loan 10k: £0 ¦ Dad 5.5k: £2,270 ¦ LTSB: £0 ¦ RBS: £0 ¦ Virgin £0 ¦ Egg £0

    Total Owed: £2,270 (+6k) 11/08/2011
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