My Debt-Free-Wannabe Diary

DontDoDebtKids

I got my first pay cheque with my new salary on today, which gives me £2250.70 a month after tax, NI, pension and student loan. Taking off £914.67 (this used to be 50% of my salary before my payrise, so I'll leave it as it was for now) for bills, food (£200) and spending money and petrol (£714.67) this leaves me with £1336.03 a month to clear debt with.

I ran this through the snowball calculator and it told me that I would be debt free in October 2007 if I only used this to pay off my debt. In reality, with a bonus in March, all my ebay sales, quidco and matched betting, I could be debt free sooner than that even!

Target Debt Free Date: August 2007

Yippee :j :j :j

gallygirl

Thia is brilliant news, well done!!!

DontDoDebtKids

Hi all,

I'm back from holiday, where I spent far too much (obviously) but it was great fun and I am much more relaxed but a bit disconnected from my numbers/progress debt-wise.

So I'm playing catch up!

Good news is that while I was away I had my direct debits for Capital One and Egg come out so my new totals are:

Debt Totals

Egg: £6562.18
Capital One: £1951.64
Lloyds: £1946.28
Amex: £5837.88

Total: £16,297.98

DontDoDebtKids

Two weeks of spending to detail:

Spending Diary (11/9 to 17/9)

:beer: FOUR NO SPEND DAYS:beer:

Business Expenses £30ish (already refunded)
Going out: £71.05
Lunches at work (1): £2.50
Currency Exchanged: £200
Postage (ebay): £5.74
Gift (for xmas): £45

Total: £324.29

Spending Diary (18/9 to 24/9)

Bus to airport: £6.60
Gin at airport: £19.99
Hire car: £116 (Quidco cashback about £16) and £20 late collection fee (plane late :mad:) = £120
Guide Book: £14.99

Total: £161.58

So going to have a couple of low spend weeks I think!

DontDoDebtKids

Sold lots of things on ebay so just transferred £68.56 from PayPal to my bank account! Will go straight to Capital One when it hits.

Quite a few things didn't sell so I will relist them in the hope that I have better luck this time.

DDDK

DontDoDebtKids

I still haven't made my mind up about this card. It would be quite useful I suppose and there is no harm in applying - if I get it then I can use it to my advantage but if I get refused, then I just carry on as before.

Right. That's it.

I'll apply NOW.

elantan

hey dont do debt deff looks like you have it all under control...now if only i could find that control button for myself

DontDoDebtKids

DontDoDebtKids wrote:

I still haven't made my mind up about this card. It would be quite useful I suppose and there is no harm in applying - if I get it then I can use it to my advantage but if I get refused, then I just carry on as before.

Right. That's it.

I'll apply NOW.

Done :money:

They'll "get back to my in 48 hours"

Fingers crossed!

poorbutrich

You sound so organised - I'm very inspired! Thanks, and keep us posted!

DontDoDebtKids

Yet again, these clowns haven't taken my direct debit and are trying to charge me interest. After what turned out to be a fairly heated exchange, the CS rep said she would refund the interest (again!) and the direct debit would be taken for the full (two months) amount next month...

:mad: :mad: :mad: :mad: :mad: :mad: :mad: :mad:

...goes off to scream into a pillow!!!