SS's 2007 Debt Free Challenge

PeachPickle

Woooh, well done doggie :j :j :T

Crabman

southernscouser wrote: »

Sadly it can't go on like that!

Can it? :think:

No reason why not auction off some advertising space on pooch

southernscouser

OK so I thought I'd bore you all and myself with how money things are at the moment!

So this month I've cleared £545.57 from Morgan Stanley clearing that card! :T

Also I've paid off my A&L overdraft that was £216.05! :T

On top of that my loan payment has come out knocking another £297.61 off the total!

Which means this month so far I've paid off £1,059.23 as well as clearing 2 debts! :T

So now I'm left with;

American Express (Limit - £2,900) 4.9% - £2,039.57
Barclaycard (Limit - £1,750) 4.9% - £1,383.10
Tesco Loan 6.7% - £10,146.23

Total: £13,568.90

Now obviously the next big milestone is sub £10k! The snowball says the end of Feb! :rolleyes:

Next to make overpayments on will be Barclaycard. I wanna pay this off by the end of Jan though so to do this I'll need (after this month) to find an extra £120 a month to do that. :think: I reckon it's do-able seeing as though I've still got the rest of this month to try and overpay aswell as the monthly £31 coming out!

Perhaps I'll set myself a target to get it below £1,000 before the end of the month!

Karmacat

:j Bleepity-eepity! That is completely staggering!!! Just shows what matched betting can do! Would it be worth it tho, to get some 0% credit card to take the strain for you? You've got nice rates there as it is, just wondering.... but well done, whatever you decide. Martin would be very very proud :money: :money: :money: - actually he' on the dfw forum quite a bit at the mo, he might know!

southernscouser

Karmacat wrote: »

:j Bleepity-eepity! That is completely staggering!!! Just shows what matched betting can do! Would it be worth it tho, to get some 0% credit card to take the strain for you? You've got nice rates there as it is, just wondering.... but well done, whatever you decide. Martin would be very very proud :money: :money: :money: - actually he' on the dfw forum quite a bit at the mo, he might know!

Thanks K.

Well I did look into a 0% card, but with the rates I'm paying I'd be worse off transferring it coz of the BT fee. The CC's should be gone in 4 months.

As for the loan it's more difficult to work out because the interest is front loaded and all that cobblers! It's something I'll have to sit down and work out! :think:

lunar

been away from the computer for a few days, what happened to your totals in the last week, im sure we were just celebrating you being sub 15k!!! well done.

really glad to see your woofer is ok.

southernscouser

Pass it on! :shhh:

http://forums.moneysavingexpert.com/showthread.html?t=598031

Shineyhappy

I think that will be the worst kept secret ever! But I voted, thanks SS

Gemmzie

£1k in a week :eek: Get you, you'll be leaving us a debt free man sooner than expected!

Verbatim

great news on woofer (is that his actual name ss?).

And wow and well done on the debt busting.