Tomorrow is another day - Scarlett's Debt Free Diary

Itsadogslife_2

Hi Scarlett,

Hope you are OK? Great news about the potential DFD :T

ScarlettOHara_2

Cheers all, I'm good thanks itsa - hope you are too. Will be catching up with all the diaries later on today.

I'm ridiculously excited - have been able to sort out a balance transfer for my credit card that will save £100 a month in interest costs :j:j:j:j:j

Good news on two fronts - I'm credit worthy again (last year i was getting turned down for credit) and its 0% for 20 months so I can switch a little bit of money into the mortgage too while the rates are so low (at 3.94% it will be my new highest rate debt!)

It means I can pay off most if not all of the overdrafts first now and then I'll feel much more stable each month and know where I am a bit better

ScarlettOHara_2

Good weekend - have spent absolutely nothing at all :j

Hiddenidenity

Your doing fab! Great news on the balance transfer x
Hope your well

ScarlettOHara_2

Still chipping away! Have now cleared the overdrafts and got the credit card down to just under £5,800 thanks to getting a bonus at work and my loan is down to just under £600. That means in total I have paid off £6771 and repaid 51.6% of the total debt. The credit card is on 0% now and my loan only has a couple more months to go on it. Still on track to get debt free by the end of the year.

Yay!

Hiddenidenity

ScarlettOHara wrote: »

Still chipping away! Have now cleared the overdrafts and got the credit card down to just under £5,800 thanks to getting a bonus at work and my loan is down to just under £600. That means in total I have paid off £6771 and repaid 51.6% of the total debt. The credit card is on 0% now and my loan only has a couple more months to go on it. Still on track to get debt free by the end of the year.

Yay!

:j:j Thats fab news :j:j

Bet you feel great x

ScarlettOHara_2

I am pleased, as always though I want it to be paid off yesterday :rotfl:I've got big plans for those monthly repayments

The hardest thing (that I am still learning!) is how to live within a set budget and prioritise the money properly. Definitely a steep learning curve there as I'm still pretty much broke the week after payday even with a decent monthly budget

Hiddenidenity

ScarlettOHara wrote: »

I am pleased, as always though I want it to be paid off yesterday :rotfl:I've got big plans for those monthly repayments

The hardest thing (that I am still learning!) is how to live within a set budget and prioritise the money properly. Definitely a steep learning curve there as I'm still pretty much broke the week after payday even with a decent monthly budget

:rotfl::rotfl: it will all come in time be patient

As for budgeting have you tried the envolope thing people do on DFW? I keep seeing the thread pop up. Even so that will come in time to you will get more and more use to it that its just normal

ScarlettOHara_2

Wow went into town today to get some Easter presents and took in some old jewellery to see if I could get a few quid for it. £60 later :eek::D <-- v happy bunny!

I have already paid it off the credit card :cool:

ScarlettOHara_2

Have got £15 in small change from the money box. I apologise in advance to anyone behind me in the supermarket self scan queue tomorrow. Please understand its not to inconvenience you, just to avoid the coinstar daylight robbery.