Heres my new SOA, lets see what i can do

pepe2008

The aim is to get debt free without completely closing down the rest of your life to do it.
You'll do it Rictus, with some self discipline......but we all need the occasional reward.

rictus123

I wont be pepe dont worry. I get enough banter at work and a night out me and the gf can be done for a tenner each so i do manage to let off steam when i need to! Plus theres alot of stress reducing things we do on a weekend that are free but alot priceless !

rictus123

£330.35 gone in from Betfair, should be another £100 in tomorrow. And £108.30 in for my credit card tomorrow but £101.52 off.

Right now my loan is at £1557.39
Rbs credit card is at £595.02
Capital one is at £68.31

So total debt is at £2220.72

Credit cards have shot up from £0 as a result of too many nights out and van repairs...but im not going to make excuses. Theres a DD set up to pay capital one off every month, that will be coming out next Wednesday. Loan payment of £55 will be coming out a week on Monday. Will also have £100 digs and £35 phone bill to pay a week on Monday.

So about £258.31 coming out over the next week and a half. Of a balance of £430.35, should leave me with just £172.04. There will be some of this coming out for diesel. And hopefully i get paid a week tomorrow after a week back at work..then back to normal and every fortnight after that.

Im going to set up a direct debit to pay the minimum to my rbs card, i will just pay more when things are looking a bit healthier! Not looking so good here but now iv got it all down somewhere i can see where im going wrong*if i do, which i shouldnt*

rictus123

Ok total debt was actually £2,322.24. Credit card has just sorted itself out.
Totals were
loan at £1557.39
Rbs credit card at £696.54
Capital one at £68.31

Made some payments today though :j

£150 off of Rbs card, total now £546.54
Paid off capital one - £68.31:T

Now i have £2103.93 left :j

savingmummy

you sound very focused, well done and look forward to seeing you post

owe £0.00

rictus123

savingmummy wrote: »

you sound very focused, well done and look forward to seeing you post

owe £0.00

I honestly dream of that day

right now im "skint" and will be for at least 6 months but hey, i got myself into this mess, il get myself of out it! Look at 90% of 18 year olds right now that are debt free and maybe got a little savings, i doubt any of them will be in as good a position as me in say 3 years. Iv learnt my lesson early and young, now if i can turn things around and make the most of my worry, never having to worry about the direct debts for the month as i know iv got 20 times that amount, im doing good

I think if i was to post "Owe : £0.00" before the end of August then il be doing good

Im going to give it a heck of a shot :j

rictus123

Going to chuck down a list of my next expenses, will just check back here for reminders!

Tomorrow - £30 for new tool for work
Thursday the 14th of January - £55(not sure exact figure as i over paid this month)
Monday 18th - £135 digs and phone
Wednesday 20th - About £30 to fill up diesel

That should all so total is £250 to see me out the month!
If i can do this that would be absolute superb as il have £253.29 in my account as of tomorrow(£100 coming in from betfair, in this day and age with technology so "advanced" online banking should be instant. Or 6 hours/a day at most. Not 3-5 days???)

Then aswel as having enough to see out the month i should be getting paid 3 weeks wages by the 29th. 1 weeks a week today then 2 weeks on the 29th and back to normal fortnight after that.
So £801(3 weeks net, no overtime) in would allow me to use it however i want = bye bye £546.54 from credit card and still have £250 + left for diesel to see me to next pay and also for valentines day gifts for gf

Thats a budget when i see one Hopefully i can stick to that, im going to give it my best shot In January alone i could end up having paid more than £600 to debts(continued for the next 3 after)....means debt free soon :j:j

just wanted to get it all down, motivates me so much

rictus123

Paid £108.30 off Rbs credit card, total now at £438.24
and £53.81 off of loan, will be down to £1503.58

Capital one was paid off yesterday.

Total paid off today = £162.11
Toal paid off = £380.42!

Total debt now is at £1941.82 Under 2k...again! Will go up a bit due to intrest

Cooky667

Another step forward, keep it up!

rictus123

Thanks cooky, i dont think debt free is far off