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There is Light at the end of the tunnell!!!
angelsam1984
Posts: 75 Forumite
Hi all DFW
I thought I would give everyone an update on how things are going!
Well Sept 2006 I owed 12k...............
We upped our payments from November whilst budgeting tightly to push as much as we could to the debts.
In Nov I also recieved a cheque for £1300 from Natwest and one from Argos for £150 for unfair bank charges I used this to pay what was left of Natwest and the rest for christmas.
I decided to push the budget to the limit this month leaving us with £200 plus £130 Child benefit/Tax Credits and paid a chunk including arrears of my Capitail One Credit Card.
I then used it to pay off one of our default accounts with HFC (£288) and about £300 to live off. Sounds bad BUT I also got myself a job working nights so I can still look after our 9Mth old boy during the day whilst OH is at work. Its only 3 nights and approx £150 per week after tax etc.
This now means that all being well we should be able to pay off everything but 3 'LIVE' creditors by the 1st April (No April Fool!) and the following month well be able to pay off those 3 live ones too!!!
67 Days to GO!!!!!!!!!!!!!!!!
Wishing everyone every suceess (including myself)
Sam
I thought I would give everyone an update on how things are going!
Well Sept 2006 I owed 12k...............
We upped our payments from November whilst budgeting tightly to push as much as we could to the debts.
In Nov I also recieved a cheque for £1300 from Natwest and one from Argos for £150 for unfair bank charges I used this to pay what was left of Natwest and the rest for christmas.
I decided to push the budget to the limit this month leaving us with £200 plus £130 Child benefit/Tax Credits and paid a chunk including arrears of my Capitail One Credit Card.
I then used it to pay off one of our default accounts with HFC (£288) and about £300 to live off. Sounds bad BUT I also got myself a job working nights so I can still look after our 9Mth old boy during the day whilst OH is at work. Its only 3 nights and approx £150 per week after tax etc.
This now means that all being well we should be able to pay off everything but 3 'LIVE' creditors by the 1st April (No April Fool!) and the following month well be able to pay off those 3 live ones too!!!
67 Days to GO!!!!!!!!!!!!!!!!
Wishing everyone every suceess (including myself)
Sam
Debt [STRIKE]01/09/2006 = £10500[/STRIKE] [STRIKE]14/09/06= 9034.43[/STRIKE] 15/09/2006 [STRIKE]£8530[/STRIKE] [STRIKE]£7832.32[/STRIKE] 01/01/2007=£4866.40
Was £15000
Natwest charges (£1205)Reclaimed in full!!
Citi Cards charges(Approx £2000)
Debt free Date 01/04/2007
Was £15000
Natwest charges (£1205)Reclaimed in full!!
Citi Cards charges(Approx £2000)
Debt free Date 01/04/2007
0
Comments
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That's marvellous, well done. Don't pull the belt too tight though, you must have some slack for treats and emergencies.:)Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MoneySavingExpert Forum Team0
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good luck angelsam1984! with your determination looks like you will suceed!
I wish everyone all the best for debtbusting in 2007!finally debt free and want to keep it that way!!0 -
great news it'll come around before you know it and then come may the world is your oyster0
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