No Debt, No Beer

InsertWittyName

On holiday from the 'day job' now so putting lots of time into the freelance jobs - 2 out of 3 of them are very nearly done, might have to try and pick another one up this week now!

Only 2 days left until payday and I've got just over £7 in my current account - I haven't been into the overdraft at any point this month, go me!

Will be updating on Wednesday with my new debt figures

Squidge123

Sounds good. I'm still working out how to make the most of my people per hour profile. I have no portfolio to share with people.

InsertWittyName

Got my statement through from Santander today and it shows I only have £150.91 outstanding!

Will be ringing them up when I get paid tomorrow to settle it (although the settlement figure will likely be higher than this).

That means I will have £700 'Dad' loan at 0%, £3,491 on CC's at 0% and £9,513 on a loan at 8.8%, not bad at all! Means most of my payments go to clearing the debt and not on interest

Next target will be to clear the CC's at 0% before the 9 month BT deal ends (8 months left) - approximately £436 per month.

Should be doable if I can keep the extra work up.

Can't wait to update my totals tomorrow!

InsertWittyName

Ok, figures are in for this month's payday update!

August balance was: -£17,930.56
September balance was: -£17,615.78
October balance was: -£17,431.53
November balance was: -£15,626.32
December balance is: -£12,408.82

£3,217.50 cleared this month! Although that's mostly due to the Santander refund

Should have completed and received payment for my current 3 jobs before next payday too, so that will be another £1k in the pot.

Really chuffed

Next target is to get under £10k.

InsertWittyName

Paid the final amount of £154.31 to Santander today after ringing them for the final figure - no more 21.08% loan :T

Also rang Halifax for account number & sort code info to overpay the loan. Entered them into online banking and it won't let me add 'Halifax Personal Loans' as a recipient, oh well!

Will ring them again next year or pop in a branch and sort it out. It's not really a problem yet as my next target are the CC's and they should take a while to clear.

Squidge123

Well done. What a great Xmas pressie!

InsertWittyName

Picked up another job yesterday for £600 :j

I'm hoping I can finish these 4 jobs off and get payment for them all before next payday - that would be a decent chunk knocked off the credit cards!

InsertWittyName

Small amount of work expenses came through so paid £13.60 toward the CC debt.

It's coming down, slowly!

InsertWittyName

Calculated my tax savings (for self employed work) and had saved a little bit too much so paid the remainder of £26.20 to the CC debt.

InsertWittyName

Minimum payment of £34.91 went to the CC today.

Christmas wasn't too expensive and took a few days off doing any other work to relax a bit.

Back onto the work first thing in the morning!