We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Challenge - Debt free in two years!
Comments
-
Another purchase or nearly, I agree as long as it's not on a cc and you can still make your overpayments go for it. The next question is can you afford a holiday to use it if not maybe another year wont hurt as there will be more new ones by then.MARCH 2016 DEBT £25750/ £25035
EST DFD JAN 2021 (that needs to change)
NOW JAN 2019 (that still needs to change)0 -
Yeah I can afford the holiday. There's a few things I have in the pipeline, which I cannot talk about at the moment, but they should put me in a much better financial position.
I'm going to think about it though, I have a few weeks yet
Adam's diary - My Debt Diary - The Challenge | LBM May 2010 with £23,343.35 | £16,141.46 to go...
Cleared: £7,369.16 / 30.85% | Current DFD: Oct2012 from Jan2014 | July repaid: £600/£800
Goals: Aug-11 37% | Nov-11 60% | Feb-11 67% | May-12 76% | Aug-12 86% | Dec-12 debt free0 -
I love the way our buying process has changed we all want something, think about it, write about it and then and only buy it if all our friends approve and we can live with it in our budget:rotfl:
Looking forward to hearing about the things in the pipeline....MARCH 2016 DEBT £25750/ £25035
EST DFD JAN 2021 (that needs to change)
NOW JAN 2019 (that still needs to change)0 -
Yeah I know what you mean. I think of you guys as my conscience. If I'm thinking of buying something pre-LBM I would just do it, and worry about it later. Post-LBM, I come here to talk to my conscience (you guys) and then go ahead if I think it's a wise choice.
Thanks for your input, and I look forward to sharing info real soon.Adam's diary - My Debt Diary - The Challenge | LBM May 2010 with £23,343.35 | £16,141.46 to go...
Cleared: £7,369.16 / 30.85% | Current DFD: Oct2012 from Jan2014 | July repaid: £600/£800
Goals: Aug-11 37% | Nov-11 60% | Feb-11 67% | May-12 76% | Aug-12 86% | Dec-12 debt free0 -
Yes i'm very intrigued now Adam....LBM Aug 09: £18,650.47 - Current: £12,854.93 (£5946.79)
Barclays: £2,928.34 Lloyds: £2,499.60
MBNA: £3,788.99 Overdraft: £1,900.00 Mum: £1,738.00
Surveys: £6.60/£40.000 -
Got my final Egg statement through today and the interest is £4.43 so it wasn't on the final balance. I've now cleared this, so I've officially cleared the card off
:D:D Adam's diary - My Debt Diary - The Challenge | LBM May 2010 with £23,343.35 | £16,141.46 to go...
Cleared: £7,369.16 / 30.85% | Current DFD: Oct2012 from Jan2014 | July repaid: £600/£800
Goals: Aug-11 37% | Nov-11 60% | Feb-11 67% | May-12 76% | Aug-12 86% | Dec-12 debt free0 -
Yippee, bet that feels good LBM Aug 09: £18,650.47 - Current: £12,854.93 (£5946.79)
Barclays: £2,928.34 Lloyds: £2,499.60
MBNA: £3,788.99 Overdraft: £1,900.00 Mum: £1,738.00
Surveys: £6.60/£40.000 -
Well done!
You can really attack that loan now knowing that all your CCs are gone! Debt at LBM Apr 2010 £28,767 Debt free as of Nov 2013 :j0 -
Thanks guys!
Looking forward to attacking the loan now, and glad the final interest is a lot less than I thought it would be! Onwards and upwards! Pay day next week
Just 437 days and 15 hours until I'm debt free!!Adam's diary - My Debt Diary - The Challenge | LBM May 2010 with £23,343.35 | £16,141.46 to go...
Cleared: £7,369.16 / 30.85% | Current DFD: Oct2012 from Jan2014 | July repaid: £600/£800
Goals: Aug-11 37% | Nov-11 60% | Feb-11 67% | May-12 76% | Aug-12 86% | Dec-12 debt free0 -
Thanks guys!
Looking forward to attacking the loan now, and glad the final interest is a lot less than I thought it would be! Onwards and upwards! Pay day next week
Just 437 days and 15 hours until I'm debt free!!
Love it! :rotfl:
Is that how long it is till Dec 2011?Debt at LBM Apr 2010 £28,767 Debt free as of Nov 2013 :j0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.3K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.2K Work, Benefits & Business
- 599.4K Mortgages, Homes & Bills
- 177.1K Life & Family
- 257.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards