A fresh start

taxi73

I'm sure it's £1 per day capped at £20 per month HTH

Seaxwyn

Mine has gone up to £20/month as well. So even more incentive to pay it off.

I usually pay in £760 month to cover the mortgage. Today I paid in £1540, to reduce the overdraft, and also mean that there's a month's mortgage payment in there if I have a low earning month.

That's looking scarily likely as my freelance work definitely ends on 8 June. I'm starting a new part-time job on 11 June, but the take-home pay will be about a third of what I've been getting. So I need some more freelance work urgently.

hedgesparrow

Wow! I've been reading from 2011 onwards and you have done so much with so many other issues going on. You seem to be flying now!

chevalier

Any chance of OH taking up some of the financial slack?

Seaxwyn

1st June and my debt stands at £14,606.28.

That's £1338.97 less than last month. The drop includes £700 paid off my Santander overdraft.

I've got one more decent paycheque to go then my income plummets. I need to find some well paid work, double quick.

millionaire_in_training

You're doing fab Sea. Figures are great. You'll be debt free before you know it at that rate. Good luck on the job front x

Seaxwyn

if only I could keep going at this rate.... sadly it's going to slow right down now. But never mind, I will keep trudging on as best I can. And I'm very grateful to have had this well-paid work which has enabled me to reduce my debt by nearly 5k over 5 months. Who knows, perhaps something like that will come up again soon.

My new job has a pro rata salary of 20k and I'm doing 2 days a week so that's a total of.... £8k. That won't even cover my mortgage payment. A good reason to find more work!

millionaire_in_training

EEK!!! Yes you do

taxi73

Well done on your debt reduction and good luck with finding more work.

Wordsmith

Hello, Seax. Great news on having cleared so much debt so quickly.

Is the part-time job something you want to do, or something you have to do? Are you looking forward to it?

Good luck on finding more freelance work. It's all so scary isn't it? Is there anything from your old contacts? I hope something happens along soon.