Skaps's "Will i ever be debt free?" diary

skaps

Thanks for that will have a look

skaps

:money:Wow i have not updated for a long time. What have i been up to well i got married in Tobago and have just come back from my honeymoon in Las Vegas and Hawaii. Had a fab time and an even better one due to all the money saving beforehand. Normally i come back from abroad dreading to see the cc bills but this time it is high but not as scary as it would have been if i had not saved and used the right cards.

Updates for last month
nsds reached 8/8
£14.50/£80 GC - still need to work out

Update on targets

1. Save £350 for home insurance for October
2. From September increase mortgage overpayment from £60.11 to £100.11
3. From October save at least £50 a month for emergency/kitchen savings - have been doing this since april and have saved £285 (this includes august)
4. By the end of 2010 reduce debt free date by another 4 months so it is december 2013 - target reached :j
   
5. Reduce debt to under £10,000 by end of year - currently £10,816.90 - under the £11,000 mark YAY! - change to by end of October
   
6. Pay £450 off ccs with the 1 debt vs 100 challenge - target reached :j
   

Herewego

Congratualtions on your wedding you saved really hard for it you deserved to enjoy it. I'm sure you will reach all your targets as now you dont need to save for the wedding.

skaps

Plan for tomorrow is to phone up and increase the mortgage overpayment to £180.11. This will take off 6 years and 7 months & we will save £102,963.57. Am going to find out the account details too so that I can make random overpayments during the year. Also going to find out about kitchens tomorrow, with the wedding money that we received hopefully we can afford to get the kitchen redone with no money getting put on cc's.

Have already set my target for the 1 debt vs 100 which doesn't start till september but its good for me to plan ahead - £900 is my target

skaps

As its more than halfway through the year I am going to update and put in some new targets which will take me up to xmas.

TARGETS FROM AUGUST TO DECEMBER 2010

1. Save £350 for home insurance for October - £0 saved
2. From September increase mortgage overpayment from £60.11 to £160.11
3. Save at least £50 a month for emergency/kitchen savings - £285 saved so far
   
4. By the end of 2010 reduce debt free date to november 2013 - currently its dec 2013
5. Reduce debt to under £10,000 by October - currently £10,466.68
6. Save more tesco clubcard vouchers to use for xmas food - aim to save at least £11 by xmas - this depends on how many vouchers I get I have £39 in vouchers so far
7. Save £100 for xmas - this is the first time I am saving for xmas so starting small
8. Pay £900 off debts with the 1 debt vs 100 target
   
9. Save £50 for car insurance by end of 2010
   

skaps

phoned up to increase the dd for the mortgage and have just come back after getting a quote of 9000 to get the kitchen done! This is way over my budget so have booked more appointments to compare prices.

skaps

Up to 3 NSDs now which is good, have been quite lazy and v jet lagged which has helped on this front.
Tomorrow will
1) call up and order a tesco clubcard fob
2) post the flybe things
3) look for my card reader
4) cancel virgin cc
5) clean the rabbit hutch if it doesnt rain

skaps

skaps wrote: »

Up to 3 NSDs now which is good, have been quite lazy and v jet lagged which has helped on this front.
Tomorrow will
1) call up and order a tesco clubcard fob
2) post the flybe things
3) look for my card reader
4) cancel virgin cc
5) clean the rabbit hutch if it doesnt rain

So far have done 1) and 3)
4) will leave till next week and call from work
2) will look at this afternoon - posted off today
5) still deciding on as the weather does not look great

skaps

Today have lots to do

[STRIKE]1) clean shower [/STRIKE]
[STRIKE]2) clean bathroom[/STRIKE]
[STRIKE]3) pump up inflatable bed[/STRIKE]
4) put suitcases away - did not need to
[STRIKE]5) dust bedroom[/STRIKE]
[STRIKE]6) get rid of dying plants in kitchen[/STRIKE]
7) sweep front of house
[STRIKE]8) find my diary[/STRIKE]
[STRIKE]9) change bedsheets[/STRIKE]

skaps

Went to B&Q yesterday and got a decent quote for the kitchen. Will get own kitchen fitters to do it. Am going to go in today to pay the deposit.