Miserable and Fed up with Debt

scottswald

it wont last forever even though it sometimes seems that way!!

and just think that as soon as its payed off you'll appriciate all that extra cash so much more. you'll be able to go out with your freinds while knowing how to use your money wisely!!!!

and we'll always be here as a shoulder to cry on when you need it!

good luck with your plans!

downcdebt

Thanks all. It is good to know I am not alone :-)
I have taken my spreadsheet addiction one step closer to obsession....i have designed myself a thermometer (in excel chart) that will slowly rise as i creep towards 100% paid off!!

The snowball is great, although i forgot to only add on the amount paid off debt (minus interest) and so thought the debt was dropping faster than it actually was.... checked my snowball totals against bank statements and descrepancy aghghghg !!!!!!!

Yes I think I will join a challenge when i see one that will be good for me... have just posted off old phone for £30 and one book sold on amazon (was surprised how expensive the postage was...) onwards and upwards...

Hope everyone is well xxx

black_taxi_2

1.main thing is dont take on more debt
2.put total debt figure up monthly(main thing is figure doesnt go up--staying the same is ok-some months harder than others)
3.end of year--new lower balance
4.your plan to reduce debt will mean you will be debt free one day-thats your motovation
5.it will feel slow--but say 5/10 years from now your life will be changed forever.

downcdebt

Yup, I will (hopefully) never take on any more debt... this has been a huge learning curve for me. I now consider myself 'good' with money, which hopefully will save me a lot of £££ in years to come - silver lining and all that

also think i should try and be realistic, as you say black taxi, some months its more of a battle than others...