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Lightbulb Moment # 4

24

Comments

  • steven77
    steven77 Posts: 93 Forumite
    I have a quick happiness to report to all, I am under £7000, which is a nice milestone to have got to. I shall have a celebratory sherry or some such this evening... I even went for a run this morning too, in all this wind!
    Debt at Lightbulb Moment #4 (December 2010)
    MBNA - [STRIKE]£3463.35[/STRIKE] £3770.94 Halifax -[STRIKE]£3822.25[/STRIKE] £0.00 Cleared! First Direct [STRIKE]£1437.95[/STRIKE] Cleared! Nat West £2256.22 Black Horse -[STRIKE]£300[/STRIKE] £71
    Private Loan - [STRIKE]£500[/STRIKE] Cleared!!!
    Total - [STRIKE]£8085.84[/STRIKE] £6098.16
  • EssexHebridean
    EssexHebridean Posts: 24,674 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Congratulations on breaking the 7k barrier! How's the eBaying going? I was wating with baited breath for a free listing weekend but no sign of one for this weekend - I guess they realised we all got too complacent about there being one a month for a while...!
    🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
    Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
    Balance as at 31/08/24 = £105,400.00 Balance as at 31/12/24 = £102,500.00
    Balance as at 31/08/25 = £ 95,450.00
    £100k barrier broken 1/4/25
    SOA CALCULATOR (for DFW newbies): SOA Calculator
    she/her
  • beanielou
    beanielou Posts: 96,645 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Mortgage-free Glee!
    Great result :grin:
    I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.

    Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.

    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
    One debt remaining. Home improvement loan.
  • Hi, the Ebaying started off quite well, made about £40 in January which can't be bad. Was a bit depressed though when a coat I bought for £30 sold for £4.
    Debt at Lightbulb Moment #4 (December 2010)
    MBNA - [STRIKE]£3463.35[/STRIKE] £3770.94 Halifax -[STRIKE]£3822.25[/STRIKE] £0.00 Cleared! First Direct [STRIKE]£1437.95[/STRIKE] Cleared! Nat West £2256.22 Black Horse -[STRIKE]£300[/STRIKE] £71
    Private Loan - [STRIKE]£500[/STRIKE] Cleared!!!
    Total - [STRIKE]£8085.84[/STRIKE] £6098.16
  • Oh yes, small confession to add. I paid for some ironing this week which goes against a lot of my new money saving principles, but I was snowed under and I found a company who do a half price introductory offer, so I paid a tenner for about 2 weeks worth of clothes. I'm working on the basis that that tenner bought me a few hours to spend with my wife and baby son, so on that basis, it was money very well spent.
    Debt at Lightbulb Moment #4 (December 2010)
    MBNA - [STRIKE]£3463.35[/STRIKE] £3770.94 Halifax -[STRIKE]£3822.25[/STRIKE] £0.00 Cleared! First Direct [STRIKE]£1437.95[/STRIKE] Cleared! Nat West £2256.22 Black Horse -[STRIKE]£300[/STRIKE] £71
    Private Loan - [STRIKE]£500[/STRIKE] Cleared!!!
    Total - [STRIKE]£8085.84[/STRIKE] £6098.16
  • steven77
    steven77 Posts: 93 Forumite
    Hi All

    I've just popped online to do a load of financial stuff today including tinkering with my phone and broadband package for a better deal and cancelling PPI on a credit card which was stopping me paying it off, and thought I'd have a look at my signature and update it from where I was. I was astounded to see that I've cleared over £2000 of debt in 4 months!! Admittedly I've just paid £1000 off a card with money from a car we sold (have 2, one never went anywhere so off it went) which was a big chunk but looking at those numbers made me feel so much better.

    I also have a new mantra, even if it's only a penny, I'm going to try and go to bed every day in less debt than I was. Every day I will log on somewhere and pay off a bit of something.

    Today is a good day...
    Debt at Lightbulb Moment #4 (December 2010)
    MBNA - [STRIKE]£3463.35[/STRIKE] £3770.94 Halifax -[STRIKE]£3822.25[/STRIKE] £0.00 Cleared! First Direct [STRIKE]£1437.95[/STRIKE] Cleared! Nat West £2256.22 Black Horse -[STRIKE]£300[/STRIKE] £71
    Private Loan - [STRIKE]£500[/STRIKE] Cleared!!!
    Total - [STRIKE]£8085.84[/STRIKE] £6098.16
  • cassidy0111
    cassidy0111 Posts: 339 Forumite
    You are so close to breaking the £6000 barrier!! :beer:
    Debt now £48,000 in the form of a mortgage :o
  • steven77
    steven77 Posts: 93 Forumite
    Thanks a lot hoping to get there in the next couple of weeks!
    Debt at Lightbulb Moment #4 (December 2010)
    MBNA - [STRIKE]£3463.35[/STRIKE] £3770.94 Halifax -[STRIKE]£3822.25[/STRIKE] £0.00 Cleared! First Direct [STRIKE]£1437.95[/STRIKE] Cleared! Nat West £2256.22 Black Horse -[STRIKE]£300[/STRIKE] £71
    Private Loan - [STRIKE]£500[/STRIKE] Cleared!!!
    Total - [STRIKE]£8085.84[/STRIKE] £6098.16
  • Hi Steven well done for what you have achieved so far with your aim to pay something off your debt each day why don't you join the Payment a Day thread they are a nice bunch and it will give you some extra support

    DTxx
  • steven77
    steven77 Posts: 93 Forumite
    Hi All

    Just a quick update, if you check the signature you will notice I am now under £6000, which is such a good milestone to have hit, feels great! My next one is to try and get both major credit cards under the £2000 mark each. I've also applied for a new card to try and shift as much as I can to a 0% balance, so we'll see how that goes.

    Thanks a lot for all the comments and help, it really does make a difference and smiles every time I log on.

    Sxxxx
    Debt at Lightbulb Moment #4 (December 2010)
    MBNA - [STRIKE]£3463.35[/STRIKE] £3770.94 Halifax -[STRIKE]£3822.25[/STRIKE] £0.00 Cleared! First Direct [STRIKE]£1437.95[/STRIKE] Cleared! Nat West £2256.22 Black Horse -[STRIKE]£300[/STRIKE] £71
    Private Loan - [STRIKE]£500[/STRIKE] Cleared!!!
    Total - [STRIKE]£8085.84[/STRIKE] £6098.16
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