The 18k Challenge

becsxxx

Well done you!

I have been a bit naughty today and bought lots of clothes....but I did need them for work...... weak I know!!!!!

Mirtos

becsxxx wrote:

Well done you!

I have been a bit naughty today and bought lots of clothes....but I did need them for work...... weak I know!!!!!

Everyone needs clothes - me included, but I keep putting off buying any because I want to pay off debt. I look so much like a bag lady, my boyfriend took me to ASDA to buy some cheap clothes (£4 jeans! Bargain). Can you tax-deduct them?

becsxxx

I've been Primarking this weekend so not as bad as it could have been!!!

Mirtos

Ah! Primarche as the fashonistas call it. A Mecca for stylish moneysavers!;)

DontDoDebtKids

Hi all,

Good to see that you've all been at it while I've been away. Got out £200 to exchange for spending money whilst on hols and car cost about £120 to hire plus bought gin at airport for £20. Total cost of holiday £340 = OUCH. Still have some currency left over though so might change it back...

Will get back to you with an update on totals/goals/etc.

DDDK

Mirtos

Mirtos wrote:

Right. So. Goals for Next week.

Debt Now: £18,576

1)Pay off at least £100 from Debt (again)Done
2) Keep tracking stuff on quidco. Done - Over £100 tracked to date
3)FOR GODSSAKE WOMAN, PLACE A MATCHED BET! Ummm. No comment
4)LBA to Barclays or else! Done!
5)Find more stuff to sell. List it on ebay. Done £23 ish quid coming my way soon - although not all items sold
6)If it has arrived, transfer balance to M&S card. not arrived yet
7)Send out a speculative mailshot to try and drum up more freelance work. research and address database drawn up - letter to go out today or tomorrow

Debt Now £18,476

Goals for Next Week:

1) At least £100 off balance, IN ADDITION to my usual debt repayments that are due to come out at the end of the month.
2) Tart some of my loan over to a lower interest credit card (barclay card), as I have some balance available.
3) Balance Transfer to M&S card when it arrives
4)I'm NOT going to do any matched betting as I'm off on holiday on the 6th, and I'll be needing my cash!
5) Cancel my subscription to Time out, and save £7.50 a month

6) Do my accounts, so I don't get any nasty surprises from the Tax Man!

Bells&Whistles

Goals for this week 18/09/06

Pay off Capital one card in full and close account Didn't do :mad:
List more items to sell on ebay Done but nothing selling as yet
Post items which have been sold via ebay Done
Daily searches on quidco Done

Goals for this week 25/09/06

Pay off Capital one card in full !!!!! this will be done as I get paid on Thursday
List more items on ebay and relist unsold items
Daily searches on Quidco
Normal repayments due by D/D 29/09/06
Pay back £100.00 on top of this !!

DontDoDebtKids

Oooh crickey my last goals post was a while ago...

DontDoDebtKids wrote:

Debt Totals

Egg: £6659.42
Capital One: £2906.42
Lloyds: £1946.28
Amex: £5987.88

Total: £17,500.00

Plans for this week

1. Do daily searches (carsource, kelkoo & highstreetweb) on quidco DONE for week before last; NOT DONE last week - on holiday
2. Do at least three matched bets (two for this week plus the one I didn't do last week)NOT DONE :mad:

So here's my update:

Debt Totals

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

Total: £16,297.98

Goals for this week:

1. Relist all items on ebay that didn't sell
2. Place one matched bet
3. Do daily searches at least every week day
4. If accepted for M&S card, transfer maximum balance @ 3.9% to it from more expensive debts

becsxxx

Debt

Natwest Overdraft (£1,000 @ 0%) = £982.50
Natwest Graduate Loan (6.5%) = £2,260.93
Cahoot Car Loan (5.8%) = £4,201.72
Credit Card (NSPCC, 0%) = £2,370.00
Credit Card (Nationwide, 14%) = £0.00
Student Loan = £8,864.87

Credit

£1,307.16

TOTAL = -£17,372.86
TOTAL PAID OFF SINCE START OF CHALLENGE = £1,162.95
(although, have just been paid!)

Goals from last week:

1. Open an A&L current a/c through Quidco to get £50 - DONE
2. As it’s my birthday on Wednesday, a) try not to spend too much on going out, b) pay any birthday money I receive (expecting around £200) straight towards debt- a) hmmmm... b) done
3. Investigate selling books on Amazon - DONE (listed around 30 books on greenmetropolis and have sold one so far!)
4. Pay off Nationwide Cr Card - DONE

Goals for this week then:

1. I've joined some mystery shopping companies after having read another thread on this forum. Am being offered jobs already, so aim to try and do a couple this week for extra income!
2. Investigate matched betting.... aaargghhhh!
3. Pay extra £100 off Graduate Loan

Mirtos

Glad I'm not the only one that hasn't get round to matched betting yet!