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227 sleeps till I wake up debt free.
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221...
Another lovely day. I took time out this morning to sign in to my building society account and found a few little saver accounts on a ridiculously low interest rate. 0.1% & 0.05%:eek: so I am now the owner of a shiny new ISA account at a much more respectable 3%
Have transferred all my bits and bobs in and have £599.28. LBM April 2011 £4906
:j:j DEBT FREE 4th NOVEMBER 2011 :j:j
Clothes Challenge 2011 £60.24/£200
Virtual sealed pot #136 - £1.60 Sealed pot # 1365 Nectar card - £8.80 Overdraft £0.00
Do I need it? Can I afford it? Is it cheaper elsewhere?0 -
Well that didn't last long. Martins newsletter today kindly reminded me that it is silly having money sat in the bank earning 3% ifyou have debt getting charged at 18%. So not quite bringing myself to empty the account I have sent £400 of to the credit card.:(LBM April 2011 £4906
:j:j DEBT FREE 4th NOVEMBER 2011 :j:j
Clothes Challenge 2011 £60.24/£200
Virtual sealed pot #136 - £1.60 Sealed pot # 1365 Nectar card - £8.80 Overdraft £0.00
Do I need it? Can I afford it? Is it cheaper elsewhere?0 -
Ok so major developments today. I have managed to borrow interest free what I needed to clear the card. So all scheduled payments are being redirected to my ISA to payback the debt in a lump sum at the end of the year :j So relieved to not be wasting money on interest anymore LBM April 2011 £4906
:j:j DEBT FREE 4th NOVEMBER 2011 :j:j
Clothes Challenge 2011 £60.24/£200
Virtual sealed pot #136 - £1.60 Sealed pot # 1365 Nectar card - £8.80 Overdraft £0.00
Do I need it? Can I afford it? Is it cheaper elsewhere?0 -
Ooh! Only just found this but I thought I'd come in and say good luck with getting the debt down Savings £8,865.22 £/15,000 Aiming to save enough for a house deposit.0
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Thank you, I can't wait. Though once I get the loan cleared I'll feel like i'm starting again to reimburse the £1600 I've taken out of savings lately to pay off cards. Think it'll really take me to about next March before I will really 'feel' debt free though technically if nothing goes wrong I should make it by 30th Dec this year to not owe any but me money :jOoh! Only just found this but I thought I'd come in and say good luck with getting the debt downLBM April 2011 £4906
:j:j DEBT FREE 4th NOVEMBER 2011 :j:j
Clothes Challenge 2011 £60.24/£200
Virtual sealed pot #136 - £1.60 Sealed pot # 1365 Nectar card - £8.80 Overdraft £0.00
Do I need it? Can I afford it? Is it cheaper elsewhere?0 -
220....
Woken this morning with a huge weight of me, shame the day doesn't suit my mood. Very wet and grey.
Going to have to recount my sleeps I think as my money forecast is now telling me I'll be debt free by the 10th Dec! :j
Though it'll take to 10th April to reimburse my savings. Mmm going to see if I can whittle that down a bit would like to be all done by the end of the financial year. It's getting a bit addictive this saving lark, wish I'd gotten in to it years ago LBM April 2011 £4906
:j:j DEBT FREE 4th NOVEMBER 2011 :j:j
Clothes Challenge 2011 £60.24/£200
Virtual sealed pot #136 - £1.60 Sealed pot # 1365 Nectar card - £8.80 Overdraft £0.00
Do I need it? Can I afford it? Is it cheaper elsewhere?0 -
ooh just realised I've whopped 50 sleeps off my debt free due date, now only 170 to go LBM April 2011 £4906
:j:j DEBT FREE 4th NOVEMBER 2011 :j:j
Clothes Challenge 2011 £60.24/£200
Virtual sealed pot #136 - £1.60 Sealed pot # 1365 Nectar card - £8.80 Overdraft £0.00
Do I need it? Can I afford it? Is it cheaper elsewhere?0 -
You're doing so well! The borrowing at 0% will really make a difference won't it - and you're right about saving getting addictive - it really does!🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
Balance as at 31/08/24 = £105,400.00 Balance as at 31/12/24 = £102,500.00
£100k barrier broken 1/4/25SOA CALCULATOR (for DFW newbies): SOA Calculatorshe/her0 -
Wow! Keep it up Savings £8,865.22 £/15,000 Aiming to save enough for a house deposit.0
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Sobering thought, If I'd carried on as I was when I had LBM it would have taken me another 2 years and cost £888 in interest to clear my cards, presuming I didn't put anything else on them (highly unlikely as I was then)
If I carry on as I am now doing by the same date I'll have over £11,000 savings :money:LBM April 2011 £4906
:j:j DEBT FREE 4th NOVEMBER 2011 :j:j
Clothes Challenge 2011 £60.24/£200
Virtual sealed pot #136 - £1.60 Sealed pot # 1365 Nectar card - £8.80 Overdraft £0.00
Do I need it? Can I afford it? Is it cheaper elsewhere?0
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