Time to ditch the debt!

jmf76

Done quite a bit of MB this month so that has helped. Not much else as I've been busy with wedding plans!

Debt
Debt Interest Rate Current Balance
A&L acct £5 per month [STRIKE]£844.34[/STRIKE] £528.29
Virgin 0% for 15 months [STRIKE]£4145.46[/STRIKE] £4095.46
Goldfish 3.9% until July 2010 [STRIKE]£3008.80[/STRIKE] £2957.03
Amex 4.9% life of balance [STRIKE]£2966.92[/STRIKE] £2903.56
Student Loan 4.8% [STRIKE]£2059.35[/STRIKE] £1,955.20
M&S 3.9% life of balance [STRIKE]£1442.88[/STRIKE] £1411.23

Overall debt total [STRIKE]£14467.75[/STRIKE] £13,850.77
Since last post - Debt reduced by: £616.98 :rotfl::T

Debt at worst: £18,039.83
Total debt paid off: £4189.06

Next Target: Get rid of A&L overdraft then pay off Virgin card asap
Next Month's challenge: Keep up matched betting.

jmf76

Just a mid-month update I've paid off my A&L overdraft!!!:D:D:D:D:D

Yeah!! Now onto Virgin...

jmf76

MB went out the window this month but got a bonus at work which helped instead. I get married later this month so suspect this month's will be the bare minimum and nowt else!

Debt
Debt Interest Rate Current Balance
A&L acct £5 per month [strike]£528.29[/strike] £0 :beer:
Virgin 0% for 15 months £4145.46 £4095.46
Goldfish 3.9% until July 2010 [strike]£2957.03[/strike] £2907.02
Amex 4.9% life of balance [strike]£2903.56[/strike] £2841.95
Student Loan 4.8% [strike]£1,955.20[/strike] £1901.68
M&S 3.9% life of balance [strike]£1411.23[/strike] £1380.57

Overall debt total [strike]£13,850.77[/strike] £13,126.68
Since last post - Debt reduced by: £724.09 :rotfl::T

Debt at worst: £18,039.83
Total debt paid off: £4913.15

Next Target: Virgin, virgin, virgin.....
Next Month's challenge: Walk up the aisle!

Beerworshipper

Hey JMF,

I just wanted to say well done and all the best with the big day.

Tustastic

jmf76 wrote: »

Next Target: Virgin, virgin, virgin.....
Next Month's challenge: Walk up the aisle!

Hope you have a wonderful wedding day followed by absolutely decades of happy marriage. The words above did give me a chuckle though....:rotfl:

chevalier

Hi jmf best of luck with the wedding. I am sure you will have a fab day. And good luck with your continued battle to be debt free
chev

jmf76

Well the wedding was fantastic (best day of my life) and am only just coming back down to earth. Honeymoon isn't till later in the year, so was straight back to work and been busy with all the name changes (so it's so easy for males) that I've only just managed to get my debts updated. Luckily DDs have again just kept going so the debt amount is slowly getting smaller and smaller.

Debt
Debt Interest Rate Current Balance
Virgin 0% for 15 months [strike]£4095.46[/strike] £4045.46
Goldfish 3.9% until July 2010 [strike]£2907.02[/strike] £2740.93
Amex 4.9% life of balance [strike]£2841.95[/strike] £2781.10
Student Loan 4.8% [strike]£1901.68[/strike] £1739.46
M&S 3.9% life of balance [strike]£1380.57[/strike] £1316.68

Overall debt total [strike]£13,126.68[/strike] £12623.63
Since last post - Debt reduced by: £503.05 :rotfl::T

Debt at worst: £18,039.83
Total debt paid off: £5416.20

Next Target: Just keep going, Virgin CC.
Next Month's challenge: Enjoy married life!

jmf76

Been keeping up with the debt payments, however my employers have proposed a site closure meaning that I will probably be made redundant next month. Not sure when my final date will be, so am now job-hunting and hoping I can get a new job asap so I can keep going on the debt front. OH is also looking for a new job so honeymoon is indefinitely postponed. :mad::mad::mad:

Debt
Debt Interest Rate Current Balance
Virgin 0% for 15 months £4045.46
Goldfish 3.9% until July 2010 [strike]£2740.93[/strike] £2750.22
Amex 4.9% life of balance [strike]£2781.10[/strike] £2711.10
Student Loan 4.8% £1739.46
M&S 3.9% life of balance [strike]£1316.68[/strike] £1282.92

Overall debt total [strike]£12623.63[/strike] £12529.16
Since last post - Debt reduced by: £94.47 :rotfl::T

Debt at worst: £18,039.83
Total debt paid off: £5510.67

Next Target: Just keep going, Virgin CC.
Next Month's challenge: Find a new job!

jmf76

No official confirmation of redundancy yet, but when I do it looks like I'll have a job till the end of October. If I hold out and am lucky enough to get a new job after then, then I'll have a nice little redundancy package which I'll use to put a big dent in my remaining debt. On the plus side OH has started new job :T:T

Debt
Debt Interest Rate Current Balance
Virgin 0% for 15 months [strike]£4045.46[/strike] £4020.46
Goldfish 3.9% until July 2010 [strike]£2750.22[/strike] £2704.21
Amex 4.9% life of balance [strike]£2711.10[/strike] £2664.05
Student Loan 4.8% [strike]£1739.46[/strike] £1658.74
M&S 3.9% life of balance [strike]£1282.92[/strike] £1259.22

Overall debt total [strike]£12529.16[/strike] £12306.68
Since last post - Debt reduced by: £222.48:rotfl::T

Debt at worst: £18,039.83
Total debt paid off: £5733.15

Next Target: Keep going...
Next Month's challenge: Job hunting

Buffythedebtslayer

What a well organised diary! and congratulations on getting married, your debt paying off is inspirational!

xx