10 months in and 90 left to go ... the reality is starting to kick in :)

elantan

ZTD wrote: »

Wasn't nuts down here - just rain.

My brain visited the dirty corner there p

ZTD

elantan wrote: »

My brain visited the dirty corner there p

That corner needs visiting every now and again.

Sometimes a stay there is called for...

elantan

I like to camp out there every now and then .. I meet some real characters

ZTD

elantan wrote: »

I like to camp out there every now and then .. I meet some real characters

And sometime the more the camp the more the character...

elantan

You know me so well

elantan

what i'm thinking is every month adding up the total debt i owe and dividing it by how many months i have left of this challenge, then i must pay that as a minimum every month, this should deal with the confusion of debt going higher ( like it did through the summer, it got really confusing for me)

so if say during the month i add to the debt by two hundred and i still have 75 months left to go i would have my new total ( plus the two hundred just added) and divide that by the 75, and that would be what i have to pay for the month

this way i think i will be more on top of dealing with the debt, feel more in control of dealing with it, have the bonus of paying less the next month ( if i over pay the month before) should i need to ( say going away on holiday or a birthday or something), and i think this will keep it as a kinda challenge for me, for a wee while anyway lol

i'm also saving £150 a month, as you know my intention is to turn the money situation around, so i fully intend (now, due to giving it a good deal of thought) on having savings of at least £10,000

Butti

The stress course I went on many eons ago had two basic causes of stress; feeling you weren't in control and feeling you needed to aspire to meet other peoples expectations.

It was a good course.
I take from this that anything that gives you more control is good.

elantan

i think it will give me more control Butti, i think it will be less confusing as well, the whole adding and taking away and possibly forgetting things got too much to work out ( hence the reason i took it out of my signature)

i think also looking at it closely every month will mean that it stays in the forefront of my mind, it's going to get a bit ugggh finding out how much i owe for the start of every month as the visa's usually come in middle of the month, but i will phone and find out, that way i know whats ahead and can work it out

i think i do need a specific date to work it all out as its good to pin things down and the first is one of those dates that sets the scene for the month ahead, i will know how much i need to pay that month and have the month to work on it

just told mr el the plan, he didnt even notice i was doing a 100 month challenge:rotfl::rotfl::rotfl: so either i havnt made it too uncomfortable for him, or he wanders around un aware and not listening :rotfl::rotfl:

rising_from_the_ashes

elantan wrote: »

so if say during the month i add to the debt by two hundred and i still have 75 months left to go i would have my new total ( plus the two hundred just added) and divide that by the 75, and that would be what i have to pay for the month

I'm having a beanielou moment!:rotfl::o

Sounds good now I've got my head around it!:)

elantan

its probably more the way i write rising lol