Debt free by Summer 2012 (if not sooner!)

DebtFree2012

Morning All

Well the GREAT news is that my car is fixed and the cost was a big fat 0! My FIL had a spare battery and wouldn't take anything for it. I will get him some of his fave chocs though as a gesture. So happy as was dreading having to scrape together money I simply don't have.

Another debt busting week.....target for this week is to get the menu plan done as still not done that but to be fair it's not a quick job if costing out every meal which I am doing too.

I am going to find out where my tipping point is now !

x x x

Kepp

For me it will be around November when 50% of my debt should hopefully have been cleared

Woowoo

Excellent news on the car DF

DebtFree2012

Thanks Woo.

Right - going into 2012 my Virgin and Cap1 cards will be paying the same interest but on different balances by then. Currently I pay the higher balance as interest works out more even though APR is less. Once I get the interest down so they are both the same I will probably pay the higher APR one. I have 6 months + to figure it out though lol.

I think 12 months from now is my tipping point when my interest will be nearly half what it is now.

DFD is ages away yet but I am learning whilst I get there.

DebtFree2012

Loooong day. My afternoons are so busy now (have new boss in america) where as it used to be my mornings then afternoons were prep for next day and wind down lol.

Today I spent £9 on school trip fee and 40p on crisps - I know, I shouldn't.

DH is buying the formula for the next month so I don't need to account for this in groceries bonus.

x

**Kat**_2

So pleased the car was sorted for £0! Everyone on here deserves some good luck when it comes to money

Woowoo

Have you got that meal plan done yet DF?! x

DebtFree2012

Morning
It's coming along woo - it's taking an age with me costing everything and not having much time to do it when I start. Once the first one's done, subsequent months should be easier.
All this so I can pay money to debt - why oh why did I do this to myself!

x

Woowoo

Why did any of us DF! If only we could have seen what the future held for us, would it have stopped me? Probably not at the time lol!

**Kat**_2

I think it's as back when we got our debt, it was literally handed to us. I got my first loan which I applied for, they applied an overdraft to my bank account (not asked for), posted me a credit card saying I just had to sign the back (not asked for) and upped my loan (not asked for). Rest of the debt has just been in order to clear the original defaulted stuff (silly now, I know I should have just kept paying them directly rather than refinancing)