Debt free by 30? 6 months to go!

mum2one

Shes absolutely gorgeous, you've been really productive getting all the finances sorted, think I'll have to send you mind.

You take care, xx

loumac

Hi all,

Well Sadie is keeping me busy so haven't been able to update as often as I would like but as she's napping and today is pay day I've just had a look through all my finances and made a few payments.

Debt update is listed below:

Credit card payment - £225.00. Outstanding balance £329.63
Loan payment - £181.94. Outstanding balance £1,038.20
In laws payment - £50.00. Outstanding balance £2,450.00

I am so proud of what we have achieved this year in clearing debts and more than anything not increasing them when we moved house and got ready for baby's arrival. I'm hoping to start a new diary based on budgeting on maternity pay as well as finishing paying off debts and trying to save with the hope of moving out of our rented house and into a bought one. One day...

xx

Buffythedebtslayer

Oh my GOd I totally missed this!

Congratulations Lou! How lovely and she is Gorgeous!

xxx

loumac

Buffythedebtslayer wrote: »

Oh my GOd I totally missed this!

Congratulations Lou! How lovely and she is Gorgeous!

xxx

Thank you. I think so too...but I don't get bored of hearing it from others!!

mum2one

Love her name, shes going to be a heartbreaker xx

loumac

mum2one wrote: »

Love her name, shes going to be a heartbreaker xx

Thank you. She's named after my great grandmother who had 21 children! :eek:

loumac

Right ... Christmas is drawing ever closer which means before we know it there will be a new year and new challenges coming along soon.

Although I've not managed to write in this diary every day, dipping in and out over the year has really helped to keep me focused on my debts and my signature shows what we've cleared so far!

I didn't manage £11,000 and I didn't clear all the debts before I was 30 or before baby came but I didn't increase them and have my beautiful daughter and a lovely home to live in (all be it, rented!). 2011 has been a good year and I'm looking forward to 2012 and the challenges it may face.

I'm going to start a new diary and focus on last debts, particularly as whilst on maternity leave I obviously won't be earning as much money as normal. Then when back to work baby needs to go to nursery which is a new expense to factor in. Sigh.

Thanks for the support of anyone who has read and commented this year, maybe you'll check in next time too.

Merry christmas and a happy new year. :rotfl:

mum2one

You've done absolutely brilliantly, and you have an absolutely gorgeous daughter, as they say rome wasn't built in a day, but you didn't bury your head in the sand, you got on with it and attacked it from all sides. You've done brilliantly.

When you start your new diary, don't forget to put the link on this so, keep up with you. xx

loumac

Well 2012 is nearly upon us ... Hope you all had a fabulous christmas and are looking forward to a prosperous 2012.

Hoping the link below takes you to my new diary if you fancy joining in. xx

https://forums.moneysavingexpert.com/discussion/comment/49741035#Comment_49741035