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My Progress in Debt Reduction
Steven.Chapman6
Posts: 16 Forumite
I have been viewing the MSE website for a couple of months now and had my light bulb moment at the end of September, as you can see from my signature. I have took the plunge and started to concentrate on becoming Debt Free.
I wanted to keep my focus on reducing my debt, so I have decided to post this thread, I will update each month with my new debt amounts, to show how my debt is reducing, "hopefully!" This will help me maintain my focus, as I wander off target easily.
I have thrown what little savings I have at my debt and organised to pay the most expensive debts first.
I will post a SOA soon, just want to get started in small steps.
I wanted to keep my focus on reducing my debt, so I have decided to post this thread, I will update each month with my new debt amounts, to show how my debt is reducing, "hopefully!" This will help me maintain my focus, as I wander off target easily.
I have thrown what little savings I have at my debt and organised to pay the most expensive debts first.
I will post a SOA soon, just want to get started in small steps.
Official DFW Nerd Club - 184 
Debt at lightbulb moment (September 2006) - £25,895 :eek:
Debt Current Level (October 2006) - £23,922 (8% cleared)
Debt free date - By the time I am 40
"Proud to be dealing with my debts"
Debt at lightbulb moment (September 2006) - £25,895 :eek:
Debt Current Level (October 2006) - £23,922 (8% cleared)
Debt free date - By the time I am 40
"Proud to be dealing with my debts"
0
Comments
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You've made a brave start. Bravo!"Some say the cup is half empty, while others say it is half full. However, this is skirting around the issue. The real problem is that the cup is too big."0
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Well done. Keep up the good work! :beer:0
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Well done. It's a really good idea charting progress here as when it's the middle of the month and you don't seem to making any progress you can look here and see how much you have made already.0
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Good for you. It's a good idea to track your progress here as you can watch your total going down and you also get helpful comments from other people. You've made an excellent start- you'll be debt-free in no time if you can keep up that progress.Debt at highest May 2006: £27,472.24
currently: £13,353.25DFW Nerd 178Proud to be dealing with my debts0
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