Start of my Debt free life.

beanielou

https://forums.moneysavingexpert.com/discussion/comment/36736801#Comment_36736801
Here it is.

Soubrette

One way to stay motivated if you're going to pay off the big debt first might be to concentrate on the snowball debt free date.

That way, when you pay off a bit of the loan, rather than feeling as if nothing much has happened as you still have a big debt, hopefully the days to debt free will go down.

Good luck

o2bfree

mintymoneysaver wrote: »

Hi, just popped in and read your thread. I agree with you that economically it makes more sense to pay the highest APR first, but mentally i would always try to get rid of the smaller debts first. I've currently only got one big debt, so I don't have that problem, but wishing you luck in your journey.

Thank you that is what I thought but really can't make up my mind. would love to only have 3 debts at Christmas whatever their size.
May go back to my original plan :undecided

o2bfree

beanielou wrote: »

https://forums.moneysavingexpert.com/discussion/comment/36736801#Comment_36736801
Here it is.

Thank you, I will pop over and have a look

o2bfree

Soubrette wrote: »

One way to stay motivated if you're going to pay off the big debt first might be to concentrate on the snowball debt free date.

That way, when you pay off a bit of the loan, rather than feeling as if nothing much has happened as you still have a big debt, hopefully the days to debt free will go down.

Good luck

Thank you still undecided but still motivated:)

michmcc79

Hi, no matter how many times you change your mind on who to pay off first - every payment goes towards getting your DFD a little closer each time!! Well done on being so inspirational! :-)

o2bfree

I've got a job I love.
Love the job, love the hours, love it all.
But today I used an expression that I always use and think I may have offended someone.
I was taking someone to pick up their car from the garage and I called her extension and said ' if you would like to get your bottom down here we can go and get your car'.
Now I wouldn't take offensive to this but Ithink I may have upset the person I was talking too :eek:

Don't know what to do.....

o2bfree

Well decided that I will apologise if I upset the person tomorrow at work. And learn to think before I speak.

On a brighter note, I got 2 more £2 coins today so will add them to the pot.
Also 'earnt' £77.89 on ebay so have transferred £75 (leaving the rest for any fees) to my account to pay off a debt.

Kepp

Well done on the ebay sales!

When we moved last week I found a box if bits I'd put aside for Ebay, really must get on and do that, a few more pounds is just what I need!

I know there's the theory of motivation from paying off the smaller debts but I really would concentrate on paying off the highest APR first, the more money you save on interest the quicker you will be debt-free as more of the money you're paying will be coming off your debt total rather than servicing interest

Hope you managed to get things sorted with your colleague

o2bfree

beccie wrote: »

When we moved last week I found a box if bits I'd put aside for Ebay, really must get on and do that, a few more pounds is just what I need! Make it a to do for the weekend.

I know there's the theory of motivation from paying off the smaller debts but I really would concentrate on paying off the highest APR first, the more money you save on interest the quicker you will be debt-free as more of the money you're paying will be coming off your debt total rather than servicing interest After seeing how well you are doing I am going to take your advice, highest APR and biggest debt. No changing my mind again

Hope you managed to get things sorted with your colleague All is fine at work and was told I am getting a bonus in my next pay :j

Thank you.