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Debt Free In 12 Months?...want To Be Debt Free At 25!
OMAR
Posts: 701 Forumite
I have set myself a challenge to become debt free by the end of this year....I currently now have just my loan left after having debts of £26k.
I have just taken out a Tesco Credit Card 0% Purchases for 12 Months
(Card arrived today - £4.6k Limit)
I'm 24 earning £35k (includes £3k overtime) and live at home...so after all my direct debits come out I am going to overpay my loan every month untill its cleared (approx £1k per month) and use my Tesco Card to live on for 12 months......
hopefully I should have saved enough to pay off my Tesco Card at the end of the 12 months too......
What's your thoughts?...anyone else want to join me if you're becoming debt free within 12 months??!
I have just taken out a Tesco Credit Card 0% Purchases for 12 Months
(Card arrived today - £4.6k Limit)
I'm 24 earning £35k (includes £3k overtime) and live at home...so after all my direct debits come out I am going to overpay my loan every month untill its cleared (approx £1k per month) and use my Tesco Card to live on for 12 months......
hopefully I should have saved enough to pay off my Tesco Card at the end of the 12 months too......
What's your thoughts?...anyone else want to join me if you're becoming debt free within 12 months??!
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Comments
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bump bump bump0
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Wont be joining you~sorry.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. ***Be the difference.***
One debt remaining. Home improvement loan.0 -
aww just me on me own then!0
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