The "Pay ALL your debt off by Xmas 2012" challenge - PART 2!!!

kerri_dfw

I'm almost under £3k debt! I didn't realise until this morning, that's going to be awesome come payday *claps vigorously*

sam09_2

Hehehe just ordered a free valentines card off kukkle.com would have cost me £3.45 but I had it completely freee! Its on Martins discount codes page. Its really funny too I uploaded a photo of my boyfriend haha!

On the other hand had a lovely letter from the NMC with my giro payment slip to pay for this years Nursing registration £76!!!!! Argh yet another bill to find money for- better get some more things on ebay!

browng

Hi all,

Hope everyone is good. Havent updated for a while before xmas so heres my update what I owe thats left:

Credit card £500
Overdraft [STRIKE]£2500 [/STRIKE] £1500!
Loan £2000

Left to pay [STRIKE]£5100 [/STRIKE] £4000

I have also set up a change challenge to myself collecting left over coins etc. got £30.63 in there so far

HelenPie

sam09 wrote: »

Hehehe just ordered a free valentines card off kukkle.com would have cost me £3.45 but I had it completely freee! Its on Martins discount codes page. Its really funny too I uploaded a photo of my boyfriend haha!

On the other hand had a lovely letter from the NMC with my giro payment slip to pay for this years Nursing registration £76!!!!! Argh yet another bill to find money for- better get some more things on ebay!

Thanks Sam I didn't spot that one so have just done the same Covered postage, too, which is cool :cool:

kerri_dfw

Thanks Sam, most sickeningly icky v-day card ordered for the OH we don't do valentines so that'll give us a good giggle.

xoxo_2

Ok i'm confused. I don't know whether to pay BNPL & catalogue first to stop interest being added or make a bigger CC payment to get that down?

CC is at £700(ish) and interest about £13 a month, I pay £25-30 off a month at the moment because thats all I can afford to.

If I pay CC im obviously saving on interest being added monthly and reducing my debt, but if I pay BNPL (its due in april) i'm saving on a year worth of interest being added.
I'm hoping to reduce my CC limit as I pay it off, so paying it off CC to save interest for a couple of months and using that to pay BNPL isn't an option.
I can't guarantee im going to have money to pay the lump sum on catalogue at the time. And then which do I pay more off each month? CC or catalogue in general? Argh!

Which do I pay first? I'm thinking BNPL but I'm not sure, because a chunk off my CC would reduce interest and give me more free cash to pay off debts rather than interest. BNPL+ interest can be spread over 12 months at the end of the BNPL period anyway but that almost doubles the cost of the items I have left to pay.

Help! :rotfl:

kerri_dfw

Hi xoxo, I'd work out which one will charge you the most interest over a year, then pay that one the less money you pay in interest, the more you can pay towards debt reduction. Not sure if that makes things any clearer for you. x

jakes-mum

Arghhhhh!! stupid stupid stupid car!! swear I want to kick the thing

Took Miss Lily to nursery today in my lovely warm car, took her in, came out and the blowers have completely stopped working :eek: last year all the bl**dy electrics went on the dash and now the heaters. Got to ring Renault and ask how much its going to cost this time, but if it comes in too high i'll scrap the bloomin thing and use DLA to get a !!!!!!!g mobility car

eddi

kerri_dfw wrote: »

The lemon however I was a bit of a dunce and didn't sieve so I'm finding lemon pulp in my hair today OOPS!

Ewww and :rotfl:

mf0u1098 wrote: »

I'm seriously going to sit at the bar and drink myself stupid as family get-togethers are always really stressful as my younger sisters don't like my older sister and my dad doesn't like my grandma... I feel like the bl00dy UN sometimes!

I did laugh at that .... but only because I feel your pain. Maybe you could insist they all sign some form of birthday peace treaty before entrance into the celebration establishment

KS2008 wrote: »

We crashed our car in the bad weather on the M1 on Saturday - we were both ok (which is the main thing!) but now we have been told the car is a write-off (which we kind of expected looking at the state of it

Oh my god :eek: glad you're OK which is the main thing and hope you're not too badly shaken.

mrsyallop

Goodness me KS2008, glad you are ok!!

I am so excited today. We got our envirophone payment for my husbands old iphone which has been transferred straight to my credit card.