Get out of debt in 18months....

TheBex

Hello all,

I was thinking about this weekly/ monthly problem. I think what I would do is set up another account. Work out how much your bills add up to each month, round it up to the nearest £50, *12 and divide by 52. Then just move that much accross every week. Get an overdraft on it of about £200 and after the first month it should take care of itself.

Just a thought on first reading. Good luck on your journey, I'll be following you and popping in every now and then.

costaerer

thanks! to be honest im ok at the moment because most of the bills i pay in cash at the bank! i only have a few direct debits and they are small amounts so normally the money is in! i just have to be on top of it all and check online banking daily!

thanks for your help guys!

going to pay 150 of oh credit card tomorro

costaerer

last month my mobile bill was 90pounds !!! SHock horror!!!

Anyway i paid half on debit card when i got bill and waited for other half to be taken by direct debit....this was fine!!

This month i new i wasnt going to have enough money in bank to cover it so i paid it on my credit card , so i wouldnt have the direct debit go out.

But guess what!? Ive paid it....and theyve taken the direct debit!!!!!

I JUST had enough money to cover it so i wont get charged by bank!!!!!!

Lemon_Tree

can't you ring them up and get the second payment back?
that's some mobile phone bill by the way wouldn't you be better improving your tarriff?

costaerer

yes they are sending 2nd payment back!

i am on a good tarriff i just call abroad so it added up. this month i havent gone a penny over 20 pounds

paid precisely 172.34 so now OH cc bill is 99 pounds all this overtime is rly making a difference!!!
will have the last 99 paid by friday brillian!

costaerer

if i pay my lloyds tsb airmiles duo card 3 days after spending on it do i still get the airmiles?

Lemon_Tree

ok i don't have the offical answer but i would think that if you spend then you get the airmiles when you pay doesn't matter. but you'll need to check the terms & conditions to be absolutely sure

costaerer

hmm....ne way...paid off full balance of oh credit card....and mine...........they have refunded 204 quid of charges i had asked for yey!!!! now im 50in credit !!!:) so chuffed...ddnt think it would be so easy, all i did was send them a letter!!

Lemon_Tree

well done, it's amazing what things happen when you just ask.

claire0788

You seem to be doing really well

Do you know your current totals, it def helps to boost your mood if your feeling a bit down from paying off debt.

Keep it up