Shy wants to be debt free! 2011 my year

shy2011

I will have to stay until it is paid i think then hand my notice in. I just hope it doesnt effect any job offers in the meantime. But i cant pass up the bonus it will make things so much easier for when i do move as it will have paid off over 50% of my remaining debt. Im so stressy with it all as theres so much to think about. Shy x

shy2011

So a very exciting week for me. I have 3 interviews lined up and have apllied to a few other places too so fingers crossed will have a job offer soon. Also found out that i will still get my bonus even if i hand my notice in as its for performance last year. Yehaaa. Still struggling abit this month with money and most deffinatly in the Minus figures with said money. However i feel that there is light at the end of the tunnel and i shall be on my way to debt freedom sooner than i would have thought before. I made another £20 on ebay last week so was very happy with that and also getting rid of some junk before the big move. Shy x

debtfreewannabe321

Hi Shy! :j
You popped over to my diary when i first started it and i thought i'd repay the favour and see how you are doing (plus i've only just recently worked out how to see peoples threads lol)

Congrats on moving in with your partner! And good luck with the job hunting, it sounds like you'll be debt free before you know the rate you are going :j ad great news that you get your bonus even if you leave before it's due, what a great bit of luck !! I'm going to subscribe to your diary and pop over when i'm on, like you say it's good to spur each other on :cool: DFW

shy2011

Hi DFW
Thanks for popping by. Will have to catch up as ive been around but not been on the diaries as had so much going on.

Good news is ive been offeed a job!!! Yehaaaaa very exciting its with a slight pay cut however no commute at all literally 3 miles from the new house which will be a lovely change from commuting an hour each way a day. Ive just updated my sig for tommorows payments as its pay day. This month was really rough and im still in minus figures but im hoping to make it up before i get my bonus payment in March. Once i recieved my bonus the only debt i will have left is my natwest loan which will be about £1600 so i will be working my bum off to get rid of that. The nasty evil orange credit card shall be gone as of tommorow. What a great feeling. Ive managed to make some more pennies on ebay about £60 so that has helped alot this month. Im slowly selling the stuff in my house as wont need any of it once i move. Hope everyone is getting on ok
Shy x

LAM2011

Hi Shy

well done on the job :T I bet the shorter (or no) travelling time will be bliss. Will you be able to get bonuses with the new job?

Also good news that a credit card will be gone tomorrow - I cant wait to shut one of mine down.

Knitty78

Well done on the job! Looks like you'll have the debts busted in no time!

shy2011

Thanks Lam and Knitty.

I will have the potential to get a bonus in the new job yes so thats good. Although it will be more target driven. I cannot wait to not be commuting anymore i hate it now as ive been doing it for so long.
Shy x

shy2011

So i have done a new budget for when i move and have calculated that i will have £481 SPARE per month after all essential outgoings inc diesel and food and my bills. WOW this is amazing. I will still have about £1600 on my loan to pay but if i overpay on it by £200 a month in addition to the £140 normal payment i could have it cleared in 5 months which means i will be debt free by August 2011. I am so excited by this its unreal. I will have to make sure im squeeky clean and stick tothe budgets as i never want to get in this position again. Next is saving for a holiday/car i have calculated once im debt free. I can save £300 per month and still have £45 per week to have for any spends i require. Soo happy. Jut need to get sorted and moved now . Shy x

shy2011

So its the 1st of March. The last payments have come out for my rent,electricity,tv licence,gym membership,council tax - thats £585 yehaaaa no more payments like that for a long while. I move out on the 27th so will feel very happy cancelling the standing orders and direct debits today. I know i will have final bills from electriciy etc. It seems i do now have to stay with current company until our bonus is paid which is hopefully march 25th so i cant start new job untill working notice after that so have a new start date 3rd May. Seems ages away but its only another month. I've paid £1300 from my debt since my LBM in november over the 3 pay days that equates to over £400 per month. Not bad going really. 23% paid next month that will be at 69% dependant on my bonus but yehaaa i cannot wait.
Shy x

shy2011

Feeling ok today. Need to pop to the bank as i have £250 to pay in. This should keep me right for the rest of the month. I sold some furniture so this is where the cash has come from. Very helpful for this month after my shortfall last month.
Bought some new shoes for work yesterday and i felt guilty...but i really needed them!
Going to the gym tonight to make use of the membership before it expires at the end of this month. Need to make a note to cancel my orange credit card as it has now been repaid. When all the debts are repaid i will probibly keep my barclaycard for emergancies but i want the other gone. x