MY Debt Free Journey

Annamarie_2

Thanks for that Totally broke
my son is in school but my sil takes my 2 boys every morning at 7.30 gives them their brakfeast drops my eldest to school and collects him and does so much for us the money we give her is well worh it and if they were at a nusey etc it would cost at least 1500 pm so i think we are doing well with her and she loves them so much and takes such good care of them so thats all that matters
just checked tv licenced and it is 14 pm whicj is great

we have cut back a huge amount with the gas and electric so hopefully our bills will be 50 pm and not 80 thanks for all your advice

Thanks Dex well done to you now to have money in the bank at the end of the month would be a miracle ha ah

Thanks helnag and best of luck to you to

Annamarie_2

Karmacat wrote: »

Well done on negotiating with mbna, thats great. Good to know that you've worked with the snowball calculator and got a debt free date, that all sounds brill.

Thanks Karmacat i am finding courage i never thought i had:p

now i wish it was near pay day so i could start all of this:D

Annamarie_2

just wanted to make sense of my credit cards and loans one of my problems is that i get paid monthly and my dd were coming out all over the place so today i have rang them all and they have all agreed to take the payments out within the first week so on the 1st of april this will be the story

1st OF APRIL 09

CREDIT CARD 1 BAL 13,000 PAYING 220 EURO NEW BAL 12780
CREDIT CARD 2 BAL 4900 PAYING 200 EURO NEW BAL 4700
CREDIT UBION LOAN 7300 PAYING 200 EURO NEW BAL 7100
BANK LOAN 9100 PAYING 279 EURO NEW BAL 8821

I think this has made things alot clearer in my head so at leat i know exactly what i am left with by the end of the month:j

TotallyBroke

Well done,
Now just keep a running total of what happens each month so that you can focus your money better. It maybe that you are able to stick to the same payments in April as March but then have to buy gifts or something else in May. It's easier if you can see ahead what you have to pay out so that you can start to prepare now. You may choose to prepare by cutting back the shopping by a further 5euro each week to have the money available in May.

Oh PS Happy St. Patrick's Day ~ Don't get too locked but make sure you still enjoy the Craic

Annamarie_2

thanks totally Broke had a great day and didnt spend any money ha ha

anyway today i was very constructive i have 2 current accounts with the 1 bank and i have an overdraft of a 1000 euro on each of them(i never mentioned that in my previous posts) i suppose i never really looked at the over drafts as Debt but they are

SOOOO onto my bank manager aagain today and she has closed the 2nd account that i really dont need she has but my overdraft of 982 onto my 9100 loan i have with at 0% interest so now at least i only have 1 account to be dealing with:rolleyes:
so my 9100 loan as becom 10000 but sure it was always a debt i just didnt realise it

so that my bit of work today on my way to becomming debt free:T

Karmacat

Hi Annamarie

Just hopping back on here again to see how you're doing, and you're doing great! Knowledge is power - thats what all the rearranging you're doing is achieving for you, to know what you owe, when you owe it, and that leads you to the kind of planning that TotallyBroke is writing about - and you're back in charge of your life again, and hopefully getting a bit ahead of the debts too. Your bank manager sounds onside as well, thats always a plus.

Keep going!

Annamarie_2

:rotfl: :A ah thanks karmacat:beer:
i am actually really excited and looking forward to getting rid of it all :rolleyes:
that sounds very sad:rotfl: :rotfl:

there is nothing much more i can do for the rest of the month as i dont get paid till then i had an extra 50 quid in my bank so i knocked that off my mbna cc

today i also hung my washing out on the line instead of the tumble dryer and the heat has not been on since monday as it has been very warm here in dublin
:T

i have my shopping online ready to be delivered on friday and already i have knocked about 50 euro off from doing it online

so i am getting there and trying to make all the right savings


oh oh 1 other thing i got a letter today from my mortgage company and its gone down from 1045 to 986 so happy days

its amazing when you put your mind to it all the savings you can make

i now realize i am addicted to this forum and hope to be here until i am debt free and oh rich:A

RAS

So you are now not only within budget but also have a little spare to start the ball rolling the right way>

Do you have www.freecycle.org in Eire (it has branchs in many countries)

If so, then join as it is a great place for getting stuff for free, whether it is a fridge to tide you over when one breaks down or clothes.

WorkingHardDFW

Hi just wanted to wish you all the best to getting DF.

My pearls of wisdom are to keep a spending diary - I can't believe what we've learnt from analysing what we're spending - and budget budget budget using the spending diary. You can and will do it. Lots of ups and downs on the way but you'll get there.

We started off with £50k of debt and we've nearly halved that already so good luck :T

Annamarie_2

that is fantastic working hard well done

yes you are right i need to keep a spending diary do you now where i could do that or just set up my own??