New Year Resolutions for DFW's....

nakiwala123

Brilliant thread! Looks like we all have CC issues! My aim for 2011:
1. Pay off CC debt of £1700 by end of feb 2011.
2. Save for a house deposit. Aiming for £10,000 by dec 2011!
3. Do packed lunches!
4. Do another sealed pot challenge - just about the only target i met in 2010!

anxious_mum

My resolutions:

Not to use a credit card - if I can't afford it, I will have to save for it
Save at least £200 per month in my ISA
Pay off at least £100 extra on my mortgage every month
Start a sealed pot
Go on HOLIDAY!!!! YAY!

loumac

Ooh, this has really got me thinking!
Thanks everyone for sharing, it's giving me lots of good ideas and inspiration.

I think I'm going to borrow some of your ideas and go for...

1) Be debt free my the time I'm 30 (June 9th!)
2) Move out of my flat and into a house with my hubby.
3) Save money for the having a baby fund. :j

Now it's in black and white it's official. :eek:

natsing

2011 is my Debt free year, I will:
Pay off the loan by May
Save £5000 towards a new roof and a holiday in 2012.
Keep a strict budget even when DF so we can save lots towards doing up our house

System

Thanks OP for starting this thread! :beer:
Sorry in advance for the loooong post!

2010 has been a year of change for me, have met a lovely man and we're just in the process of buying a house together (waiting for mortgage / solicitors to complete). It's the house I'm currently renting so even better that I don't have to move!

In order to help me clear my credit cards before applying for the mortgage, my Dad gave me an ISA of £11k which he'd been paying into for me on the basis that I pay it back to him. So that's my only debt with the exception of the impending mortgage (which OH insists he'll pay as he earns the most and then I'll take care of all other bills and groceries - I LOVE him!). So my resolutions for 2011 are:

1. Pay Dad back at least £500 per month
[STRIKE]
2. Put at least £250 a month into savings
[/STRIKE]
2. Transfer maximum allowed into ISA for 2011/2012 tax year
3. Save £30 a month for Christmas 2011 (presents / meals out etc)
4. Get to my Slimming World target weight
5. Get all the stuff I've sorted out sold on ebay or donate to charity
6. Don't buy any toiletries other than to replace ones used up
7. Don't buy any clothes until I need to as I lose weight on SW or unless needed for a special occasion (my 30th birthday / friend's wedding etc)
8. Don't buy any cosmetics, costume jewellery, handbags, shoes, books, DVDs etc unless I am definitely going to use/wear/watch them
9. Cook more meals from scratch

In relation to numbers 5-8, I've cleared out so much stuff this past few weeks for ebay/freecycle/charity that it's made me realise quite how much money I've wasted in the past on things that went unused :mad: so NO MORE of that for me!

Good luck everyone with your resolutions :T

frasersmum123

This is such a lovely thread

Shoe_Gal

Mine are:

• pay £5k off my debts
• spend more wisely anf not fritter
• don't buy anything I can't pay for in cash
• budget for things like car tax, holidays and Christmas

Two9A

Just two from me, for now:

- Clear the NatWest CC (£400 at £50/month, this should be easy), and then snowball onto the mortgage;
- Pass the Advanced Driving test (should already have happened by January), and reduce my insurance premium / maybe get a refund.

Not ambitious, perhaps, but it's a list

Dee5565

Mine are;
Clear as much of my debt as possible in 2011.
Started the MSE Grocery Challenge this month and will stay with it all next year.
Also making my own bread, yogurt, and cooking from scratch
Started selling items on ebay and paying what ever i get off CC1 will keep going until i get rid of all my clutter.
To not buy any toiletries this year until i use all that i have(i have alot).
Not to buy anything unless i really really really need it.

Good Luck everyone for the new year.


Dee

sailorswife

Hi all

I have a few things I'd like to challenge myself to do;

1. Stop smoking
2. Lose weight
3. Clear my credit card (approx 1,000)
4. Clear another two debts (SCS 1690, and Argos 264.00)
5. Save all 2 pound coins in a sealed pot
4. Save all reward points from grocery shopping
5. Save 50 per month onto a grocery shopping card for use for Christmas 2011
6. Keep using quidco and online surveys
7. Convince hubby to reduce his overdraft by 50 pounds per month (easier said than done)
8. Start a savings account (dont know how much to save per month, anything is better than nothing at the moment)

Think that is enough to keep me going ..... !!