Gemmzie's DFW Diary

Gemmzie

So I finally got up the courage to put my debt in my signature as of today and batter it down
Will add APRs etc when I find them all

Also, got an interesting offer from Egg so gonna crunch some numbers about some swapping around to batter it down further with no interest

And I've spent nothing all week :j - Just checked, spent £1 on the 2/11 and that's it this month so far unbudgeted! :eek:

Gemmzie

Got an interesting offer from Egg - 1.9% on BT's for six months

Is it worth moving the money off Egg and then back? Can BTs only be done from cc's or can they be done from banks?

Gemmzie

New Target - £2500 by the end of the year

PeachPickle

Good luck Gemmzie

Gemmzie

Thanks, and you with yours

Gemmzie

I need £205 for my target...

I have a little coming from Quidco this month, more next month so that will help. Also have £44 in £2 coins which I think I'll chuck at Egg after the 20th (I want to see what the minimum will be first).

I also have some savings to chuck at it (£100 in my ISA and £100 from my EMA). But I'm trying to resist the temptation to chuck it all because I hate not having anything to fall back on.

Have decided to clear IF first, as if I move money from Egg to IF I have a life of balance offer, so it makes the most sense without making me worry about time limits.

Although, I'm still debating over the other Egg offer...

Gemmzie

Had a blonde moment....

But it's just occurred to me that my debt free date is exactly two years away based on my current payments of £120 per month.

Which are a bit of a struggle in themselves but with my overtime and other money from Quidco. Very do-able

Plus from March, hopefully, I'm going to start matched betting, it's clicked but I haven't got the brain or money for it right now.

Gemmzie

Well I got paid yesterday and I have enough money to make my £120 and have £70 "spare"

Anything left at the end of the month will get thrown at the debt. But I have best friend's birthday night out and meal, and two work parties in December, so I can see it being a very expensive.

moozie_2

Gemmzie wrote:

Well I got paid yesterday and I have enough money to make my £120 and have £70 "spare"

Anything left at the end of the month will get thrown at the debt. But I have best friend's birthday night out and meal, and two work parties in December, so I can see it being a very expensive.

Hey Gem

Thank you for the update! Seems all is going well and the budgeting is working! :T

It's so good to see that DFD withing reach, isn't it? Two years will fly by - even quicker with the matched betting. I am planning to get into it after January too. I have neither the spare cash nor the spare brain cells for it at the moment but I do want to give it a go. I'll watch out for you then, we can be buddies in ignorance :rotfl:

I agree with December, it's a hard month for me too because of all the socialising. Keep that £70 back and if it goes, don't feel too bad for it. January payday will be here soon enough

Gemmzie

I'll probably start more like March, I'm lacking a brain in the winter

And in two years time I'll have student debt to add :eek: Living at home for first two years though so costs should stay fairly low.
Wish I'd had my totals here all along like yours! You're nearly half way there!

I'm deliberating whether to empty my ISA for the debt... think it's just worth waiting now.


Egg is being moved to MBNA for 0% till June - costing me just under £15 (will come from Quidco) so am now in credit interest-wise again until March :j