My new Debt Free Diary

mcjordi

i know your all probably thinking oh no not another diary but i want to document my debt free journey:
so far i dont know when i will be debt free but hopefully before i am thirty (thats my aim anyway :T )

so
my SOA is:
Income

Wages - £620 after tax etc

expenditure
Rent £240.00Gas £25.00Electric £25.00Food £80.00other groceries£15.00tv license £11.00clothing /footwear£0.00 insurance£34.77petrol £35.00car maintainance /tax£10.00Rent Arrears £20.00Council Tax arrears£22.00
Council Tax £15.00

total £517.77

so leaves me £82.23 a month to pay creditors which are:

MBNA £1,092.00 (£12)BARCLAYCARD£555.05 NATWEST £4,318.17SHOPACHECK £508.80 (£30)RENT ARREARS£421.35 (see soa)CT ARREARS£80.00 (see soa)3 MOBILE £76.78 !!!!!! offered 3g broadband£98.19 (£5)capital one £629.43


totalling £7779.77

luckily all my debts are interest free now after some negiotiating with them
as for b/card and capital one they can only produce application forms so watch this space

i am part of the make £5/£10 a day challenge
sealed pot challenger
and also NSD november challenge

i will pay off what i owe by the time i am 30 or before all being well

clearmydebts

Hiya and welcome! Best of luck in your debt free journey.

mcjordi

Been on here a year now lol

my debts were higher but have since paid some down
thanks

MissOptimistic

Good luck with your diary. I am also part of the sealed pot challenge, but i opened my pot! - DH bought 2 bikes for christmas for 2 of our children, so i opened the pot, and luckily there was enough in there to cover it so well pleased - I intend to do the same next year

Miss_Piggy_2

Well done to your for doing a diary!

Your income is similar to mine but debts a lot less

Seems you are doing really well already so good luck with the onward journey!

Miss P
xx

mcjordi

I OPENED MY first pot earlier on in the year i was absolutley flat broke lol

but as i go to print some letters off my bloody ink has ran out arrgghh ill have to buy some lucky its an epson compatiable cartridges at £5 a set yey

Miss Piggy - im not so sure about the security of my job at the moment, good luck to you hun

mcjordi

just a quick update:

i have done the snowball calculator and it brings a DFD of 2015 that would make may last payment 6 months before my 30th birthday so it looks like im in for the long haul:eek: :eek:

however any spare money i have will be going towards these debts

i am part of the PAD crew as well as i forgot to add on my first post

firesidemaid

do you work full time?

are you entitled to working tax credit or housing/council tax benefits?

mcjordi

i do 30 hours a week but after xmas this is hopefully being increased

i get single persons ct discount
no not entitled to wtc as i am not 25 yet

halight

:jHi mate,
Welldone for taking control!!!!!:beer:

I pop by frome time to time to have a read and keeep upto date with how you are doing:j


Good luck it will take time but you will get there:T :j
All the best

mcjordi

:T well today ive had a nice lie in :j no work for me today

i will be chasing the council up re council tax as i put my student certificate in last week for the previous 3 year CT :mad:

so i should get some money back which will of course be put straight towards my debts

well £5 will be paid to my 3 mobile debt today bringing that to £93.18 :T
the skies are sunny here but damn its cold and windy lol