Woo, that's the big one gone!

timbstoke

OK, I'm not in a massive amount of debt compared to some here - about £2500 in total, comprised of a £500 overdraft, £200 and £1300 credit cards, and £500 catalogues.

Today is payday. And bonus month. My bonus has cleared the £1300 card, slicing my debt in half in a single blow.

Now I just need to leave it alone.

rachie_2011

Well done timbstoke

Make sure you leave those cards at home hey!

shezam

or just snap the card or close the account?

CH27

Well done now cut up the card.

GeorgieFTB

Instead of cutting up the card you could freeze it, literally! Someone on here once tried this. Get an old icecream tub, fill with water put card in and freeze, you still have the card if there is an emergency but if you want to use it you have to thaw it slowly or the card snaps!

Well done!
Gx

timbstoke

GeorgieFTB wrote: »

Instead of cutting up the card you could freeze it, literally! Someone on here once tried this. Get an old icecream tub, fill with water put card in and freeze, you still have the card if there is an emergency but if you want to use it you have to thaw it slowly or the card snaps!

Well done!
Gx

Interesting concept! However, paying it off has eaten into my 'usual' budget a bit more than I'd like, so it's not an option this month at least - I now have £250 to last 4 weeks, which is likely to be a bit tight to say the least. I have about £200 on the overdraft and Card #2 to fall back on should it be needed, but I need Card #1 available just in case.

Overdraft and Card #2 are both more expensive in terms of interest, but it's worth that few extra pounds to keep the psychological barrier of having a zero balance on Card #1.

jules1973

Well done !!!

May2013

Well done - happy days!!!

I agree with GeorgieFTB, locking the card in a block of ice will stop you using it without a certain amount of effort on your part

andymc29

I cna vouch for freezing cards. I froze my credit card a while ago. Left it in a cup of ice in the freezer for two months. I left it out to defrost and it worked fine. I now just use it for regular bills and clear it at the end of each month, the way credit cards should be used!

Fedupofbeingindebt

A very big well done!!! :beer:
You must be feeling on top of the world!

curlytop12

good on ya!
are you sute you NEED it just in case this month?you could do a mini SOA for this month,and let us see if we can help you get through without it.
it would be such a shame to see that ZERO balance change back again:)