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

skaps

- Joined the MFiT(T2) challenge target is to reduce my mortgage from £230,252 to £220,252. Its now £229,903. Wating for my mortgage statement to come through the post.

Finally statement came through and now the mortgage is

£229,500.87 - on the base rate now so should be going down more each month. Plus have upped the payment from 1880 to 1900

Hopeful1

Blimey Skaps, you're a busy bee!! Have subscribed now and will attempt to keep up with your busy-ness

skaps

Thanks Hopeful1 was feeling a bit rubbish on the money front. Anyway November is a new month.

Did some exercise on holiday so now up to a pathetic 3/52 and made curried prawns for dinner tonight - mmm

Hopeful1

Mmm prawns!! I've been off this week and have been a very sociable hostess. Unfortunately this includes 3 indian takeaways, with prawn balti being top of the menu :eek: Salad and dust for me this week

I too am praying for a good November before the financial downfall that is the fun of Christmas!!!

skaps

Targets for 2011:
- Pay back natwest overdraft by £2000 by end of the year. Its now down to £1,650.40.
- Reduce debt to £5000. Its now £6,231
- Reduce debt free date to march 2013 ?
- OP £3600 from the mortgage. £3867.30 paid off target achieved :j
- Reduce santander overdraft by £500 to £900 by the end of December. At the moment I can’t do this so I have scraped this.
- Pay off £1000 in the 1 debt vs 100 challenge £520.09/£1000, am starting the next challenge and am aiming for £1300.
- VSP £13.72 havent added anything since last update
- Sealed Pot£33.23 havent added anything since last update
- Joined the MFiT(T2) challenge target is to reduce my mortgage from £230,252 to £220,252. Its now £225,800
- NSDs Didn’t do the challenge for October and November.
Decemeber I will try for 18 days.

In my absence we have fixed our walls and have got railings put up which is why November financially was a bit of a tough month. Home improvements always cost more than you expect.

skaps

End of year review of targets and challenges

1) Pay back natwest overdraft by £2000 by end of the year.
This was unrealistic but am glad it has been reduced down to
£1650.40
2) Reduce debt to £5000 .
Its now £5861.61 so fell short of 861.61. Went on two holidays abroad this year plus did more to the house than planned to so don’t think I have done too badly.
3) Reduce debt free date to march 2013 currently september 2013.
This is now May 2013 which is 2 months more than I wanted.
4) OP £2011 from the mortgage.
This has been achieved and I changed the target and managed to pay even more. £3867 overpaid this year. Yay.
5) Reduce santander overdraft by £500 to £900 by the end of December. Its still £1000 so have reduced my other overdraft so its less by £100. Have achieved
6) Try to cook something different each week, TARGET - 26/52.
17/52 will continue this next year.
7) Try to exercise for 20 mins at least 3 times a week, TARGET - 26/52.
A pathetic 3/52. I will do better next year.
8) Continue not buying toiletries unless I NEED them.
3 purchases, 1 more than last year.
9) Try not to get too stressed about work.
This did not happen.
10) Reduce moaning. Appreciate life, family and friends more. Go on a date with the OH at least every 2 weeks.
I have been appreciating everyone more and have enjoyed little things in life much more. The dates are not strictly every 2 weeks but they have made sure that we have special time together.


Challenges

End of year challenges

11k in 2011 –£6870.98

POAMAUC in 2011 –£3573.20

NSDs for December – 18/18

MFW – achieved see above

skaps

Targets for 2012

1) Reduce debt to £1000
2) Overpay the mortgage by £3000
3) Pay back the natwest overdraft and reduce it to £1000
4) Cook sth different target 26/52
5) Exercise 3x a week 26/52
6) No new toiletries

Short term targets
a) 100 days challenge - pay off £1300 off the od and cc
b) NSDs for January 18

Hopeful1

Geez Louise woman! You like to challenge yourself :eek: You've done really well. I'd collapse under the strain! Hope you reach your targets this year

skaps

Targets for 2012

1) Reduce debt to £1000 - debt is now down to £5432.77
2) Overpay the mortgage by £3000 - overpaid by £1619.54
3) Pay back the natwest overdraft and reduce it to £1000 - down to £1625
4) Cook sth different target 26/52 - up to 3/52 made chicken and leek pie, naan and keema mince, going to make a chicken and pepper tart
5) Exercise 3x a week 26/52 - oops forgot about this one
6) No new toiletries - none so far

Short term targets
a) 100 days challenge - pay off £1300 off the od and cc - paid off £999.96
b) NSDs for January 18 - lost count, will look back and see if I can work this out

skaps

Targets for 2012

1) Reduce debt to £1000 - debt is now down to £5332.77
2) Overpay the mortgage by £3000 - overpaid by £1619.54
3) Pay back the natwest overdraft and reduce it to £1000 - down to £1625
4) Cook sth different target 26/52 - up to 3/52 made chicken and leek pie, naan and keema mince, going to make a chicken and pepper tart - didnt make the tart but make a cake instead
5) Exercise 3x a week 26/52 -
6) No new toiletries - none so far

Short term targets
a) 100 days challenge - pay off £1300 off the od and cc - paid off £1099.96
b) NSDs for February - have not done this this month