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Sarabelle's Debt Free Diary

Hi All,

This is my first post although I have been lurking around reading other posts and gathering idea's. I have reduced my spending and cut back on costs.

Today 16.10.08 I have decided I really need to get rid of my debts quickly. I will be 50 in July 2010 and want to be rid of as much debt as possible by then.

This diary will hopefully help me stay focused.

16.10.08
Lloyds TSB Loan - £11092.52
Egg Card - £5158.94
Virgin Card - £4982.51
Amex Card - £2816.67
Tax Credits - £805.17
TOTAL - £24854.81

Here goes.....

Comments

  • GirlRacer_2
    GirlRacer_2 Posts: 3,026 Forumite
    Hi there Sarahbelle and welcome. I hope the diary will motivate you and hopefully reading about other peoples debt free ideas will help you on your way to becoming debt free.

    Have you checked that your not paying PPI on the loans or credit cards, that can sometimes reduce the debt drasticaly.
  • beanielou
    beanielou Posts: 98,966 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Mortgage-free Glee!
    Hi & welcome.
    You could pop up your SOA if you want & we could see if we could help you reduce your expenditure.
    Keep posting!
    I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.

    Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.

    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    ***Keep plodding*** Out of debt, out of danger.
    One debt remaining. Home improvement loan. 20 months left.
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