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 18k Challenge
Comments
-
Sorry I haven't been around for so long! I have recently moved departments at work and am working every hour that god sends in an effort to impress them so much that they offer me a qualification job! I am meant to qualify in September and job offers should start in April, so I'm fingers crossed for that and a great payrise!!
How have you all been?
Mirtos - chin up with it all! I know how depressing houses and mortgages are as we are looking at the moment and having serious discussions about what we can afford! Hope the freelancing is going well.
DDK - am v jealous you've been to Japan as I've always wanted to go! Good luck selling the flat. Mine has been on the market 8 weeks now. We had 6 viewings in the first two weeks, but nothing since then which is worrying me a little
.0 -
Debt
Natwest Overdraft (£1,000 @ 0%) = £777.63
Natwest Graduate Loan (6.5%) = £0.00 YEAY
Cahoot Car Loan (5.8%) = £3,237.77
Credit Card (NSPCC, 0%) = £1,100.00
Student Loan = £9,100.00
Credit
Total = £680.50
TOTAL = -£13,534.90
TOTAL PAID OFF SINCE START OF CHALLENGE = £5,000.91.0 -
Hello all! I'm back. Sorry for not posting for a while. I'm still struggling. The savings are slowly going up and the debt is slowly going down. Had a bad spending weekend because of easter, but am back on the wagon now. It's so annoying that I don't get paid for bank holidays like normal salaried people - curses! Those two days make a huge difference when you're only just coping as it is.
Never mind.
Totals are:
Debt: £12905.42
Savings: £526.74
It could be better, I know. But it could be worse.
I'm looking forward to this weekend as I'm having some people over for a cheap and cheerful dinner. Hooray!Official Debt Free Wannabe Nerd Club member 095! Debt Now:
M&S £5000 £2071.49 - 3.9% |Cahoot Loan £8646.96 £7453.24 - 5.8%| Barclays OD £2250.00 £991.99 - 0% Halifax Card £1620.60 - 0% Savings: £927.59
Grand Total = £22,540 £11,209.73 :eek:Total paid off since 31st May '06 = £11,330.27 :T Semi-DFD Dec'07?
Savings for temporary unemployment fund: £763.05 @ 8%, £164.54@ 4% Total savings: £927.59
£18k Challenge £18,934.21 £11,209.73 to go!
Proud to be dealing with my debt.0 -
Hello All
Well done everyone for keeping this going. Hope everyone is well and had a nice Easter.
0 -
How's everyone doing?LBM: Nov 2004 Debt Apr06: £19,273.46 (Highest)
Debt 2006: Jul:£18,552.06|Aug:£17,615.14|Sep:£16,297.98|Oct:£15,961|Nov:£15,760.66|Dec:£13,204.37
Debt 2007: Jan:£13,183.71|Feb:£13,851.03|Mar:£13,349.15|April:£12,997.33 | May: £12,300.00 | June: £12,000 | July: £9,894.44 |Aug:£0
Debt Free Date: 31 August 2007
The £2 Coin Savers Club = £72
Reclaiming my bank charges - £105 reclaimed
My Diary: http://forums.moneysavingexpert.com/showthread.html?t=2305610 -
pretty rubbish I have to say!
In fact, am feeling very down and unmotivated at the moment
How are you?.0 -
pretty rubbish I have to say!
In fact, am feeling very down and unmotivated at the moment
How are you?
It all seems such a hard slog and slow going...
Debts haven't changed much either:
Debt Totals:
£5,028.38 Amex
£2,085.61 Lloyds TSB
£6,108.59 M&S
Total: £13,222.58
I've got about £400 to pay off my debts sitting in my current account but I'm hanging onto it until my next payday just in case i need it - i shouldn't according to my budget, but you never know. This is the first time in ages that I've actually had some money extra to pay off my debts...
Flat hasn't sold yet...:(LBM: Nov 2004 Debt Apr06: £19,273.46 (Highest)
Debt 2006: Jul:£18,552.06|Aug:£17,615.14|Sep:£16,297.98|Oct:£15,961|Nov:£15,760.66|Dec:£13,204.37
Debt 2007: Jan:£13,183.71|Feb:£13,851.03|Mar:£13,349.15|April:£12,997.33 | May: £12,300.00 | June: £12,000 | July: £9,894.44 |Aug:£0
Debt Free Date: 31 August 2007
The £2 Coin Savers Club = £72
Reclaiming my bank charges - £105 reclaimed
My Diary: http://forums.moneysavingexpert.com/showthread.html?t=2305610 -
Should I do another debt tally or would that be too demotivating?
:eek:
Why can't one of us get down into 4 figures? That would be a good day...LBM: Nov 2004 Debt Apr06: £19,273.46 (Highest)
Debt 2006: Jul:£18,552.06|Aug:£17,615.14|Sep:£16,297.98|Oct:£15,961|Nov:£15,760.66|Dec:£13,204.37
Debt 2007: Jan:£13,183.71|Feb:£13,851.03|Mar:£13,349.15|April:£12,997.33 | May: £12,300.00 | June: £12,000 | July: £9,894.44 |Aug:£0
Debt Free Date: 31 August 2007
The £2 Coin Savers Club = £72
Reclaiming my bank charges - £105 reclaimed
My Diary: http://forums.moneysavingexpert.com/showthread.html?t=2305610 -
I've checked and I have £490 ready and waiting to pay down my debts - goodie!
I can't decide whether to pay a bit off all of them to take them down to round numbers or whether to chuck it all against Lloyds TSB. Any ideas?
I won't actually use the money for two and a half weeks, but until then I can plot...LBM: Nov 2004 Debt Apr06: £19,273.46 (Highest)
Debt 2006: Jul:£18,552.06|Aug:£17,615.14|Sep:£16,297.98|Oct:£15,961|Nov:£15,760.66|Dec:£13,204.37
Debt 2007: Jan:£13,183.71|Feb:£13,851.03|Mar:£13,349.15|April:£12,997.33 | May: £12,300.00 | June: £12,000 | July: £9,894.44 |Aug:£0
Debt Free Date: 31 August 2007
The £2 Coin Savers Club = £72
Reclaiming my bank charges - £105 reclaimed
My Diary: http://forums.moneysavingexpert.com/showthread.html?t=2305610 -
After seven viewings, it seems that the concensus is that the flat is on for too much and I need to scale back my ambitions, so I've lowered the price...
...come on people, bite damn you!LBM: Nov 2004 Debt Apr06: £19,273.46 (Highest)
Debt 2006: Jul:£18,552.06|Aug:£17,615.14|Sep:£16,297.98|Oct:£15,961|Nov:£15,760.66|Dec:£13,204.37
Debt 2007: Jan:£13,183.71|Feb:£13,851.03|Mar:£13,349.15|April:£12,997.33 | May: £12,300.00 | June: £12,000 | July: £9,894.44 |Aug:£0
Debt Free Date: 31 August 2007
The £2 Coin Savers Club = £72
Reclaiming my bank charges - £105 reclaimed
My Diary: http://forums.moneysavingexpert.com/showthread.html?t=2305610
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.6K Banking & Borrowing
- 253.3K Reduce Debt & Boost Income
- 453.9K Spending & Discounts
- 244.6K Work, Benefits & Business
- 599.9K Mortgages, Homes & Bills
- 177.2K Life & Family
- 258.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards