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

skaps

1) Reduce debt to £9000 by end of 2010 - currently £9,536.67 but this will go up due to some bt fees
2) 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 - have 50p worth
3) Pay £900 off debts with the 1 debt vs 100 target - £793.1 paid off so far
4) By the end of 2010 reduce debt free date to november 2013 - currently its dec 2013
5) Pay back overdraft - £0 paid

skaps

1) Reduce debt to £9000 by end of 2010 - currently £9,409.142) 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 - have 50p worth
3) Pay £900 off debts with the 1 debt vs 100 target - £798.1 paid off so far
[STRIKE]4) By the end of 2010 reduce debt free date to november 2013 [/STRIKE]- its now oct 2013 :j
5) Pay back overdraft - £0 paid

Lemon_Tree

you're really doing well, and changing your totals. It's good to set yourself such challenges i think i need to have a go at that.
My targets for next year have changed as of friday as i think we're replacing our windows and patio door but things are only going to change by a year.

skaps

1) Reduce debt to £9000 by end of 2010 - currently £9,409.14
2) 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 - have 50p worth
3) Pay £900 off debts with the 1 debt vs 100 target - :j target acheived
4) By the end of 2010 reduce debt free date to november 2013 - its now oct 2013 :j
5) Pay back overdraft - £0 paid

skaps

Review of 2010

what a year its been, I got married and so did my sister, got a new pet cat and my sisters cat had to be put down, got a promotion at work, got the kitchen redone, new boiler, new car tyres, new dishwasher and washing machine, new sofa and table for dining room.

Debt wise my total debt has been reduced by £3134.81 to £9,240.40. I saved up for the wedding and home insurance which is something I have not done in the past.

Wow when I put it all down it has been a busy year. Am so glad that 2010 was the year i found mse and started to sort out my finances. Now its not as scary as it used to be when I look at my finances.

Amatheya81

Well done! :j You've done amazingly to do all that and still reduce your debt!!

Good luck for next year :T

Lemon_Tree

you've done loads this year, and to also clear debt is just amazing.

skaps

1) Reduce debt to £9000 by end of 2010 - currently £9,258.40
2) By the end of 2010 reduce debt free date to november 2013 - its now sept 2013 :j
3) Pay back overdraft - £60 paid

One day of the year left and its pay day so lets see if I can make any more dents in any of these.

Have decided though instead of concentrating on overpaying the 0% cc's I need to get rid of the overdraft. So I will put any overpayments towards this.

skaps

End of year review of targets and challenges

1) Reduce debt to £9000 by end of 2010 - currently £9,237.60
2) By the end of 2010 reduce debt free date to november 2013 - its now sept 2013 :j
3) Pay back overdraft - £360 paid

- This year I managed 13/52 weeks to exercise 3x a week. 21933/50000 situps. The exercise was motivated by the wedding and I did well until after the wedding where I have been doing nothing. Will restart this in 2011.

- Cook sth different started really well but did not continue. Will restart this in 2011 as I made some lovely new dishes.

- No new toiletries - 2 purchases - This is great as I have saved lots of money and cupboard space with this. Will continue this for 2011.

- 10k in 2010 (108%) made up of £100 xmas savings, £5350 wedding savings, £1300 honeymoon spending money, £4093.57 payments to debt on cc

- MFW - target was £700 but overpaid £1061

- Debt had been reduced by 26.01%

- DFD started off by being something like 2017, then august 2014 and it is now 09/13

skaps

In the hope to continue reducing my debt and saving for things (actually am saving for the car insurance never done this before!) I am setting some targets for 2011. I am going to have some short term and some longer term targets so I can feel happy I have achieved something.

Targets for 2011:
- Pay back natwest overdraft by £2000 by end of the year. £400 has been paid back so far so £1600 left which is £134 per month.
- Call natwest and every time the overdraft reduces by £200 get them to reduce the limit.
- Reduce debt to £5000. To do this I need to pay £367 each month which is not possible atm but I will have to find a way
- Reduce debt free date to march 2013 currently september 2013.
- OP £2011 from the mortgage. If I keep op by £160.11 then I will have paid £1921.32 in the year.
- Pay off £1000 in the 1 debt vs 100 challenge.This can include cc debt and overdraft
- Try to cook something different each week, TARGET - 26/52. Now I have my lovely kitchen and loads of cookbooks I can do this.
- Try to exercise for 20 mins at least 3 times a week, TARGET - 26/52.
- Continue not buying toiletries unless I NEED them.
- Try not to get too stressed about work.
- Reduce moaning.
- Appreciate life, family and friends more.
- NSDs - 15 for January
- Go on a date with the OH at least every 2 weeks.