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NorthernSilver's Debt Destroying Mission!

Hello everybody:wave:

I've been a lurker on these boards since February 2012 and have leeched some great tips on how to deal with my debts. I had my LBM in Feb when my wife was away in Wales shopping. We owe a total of £5256.81 on two credit cards, and two club books.

We have no children and both have decent paid jobs, so i've formulated a snowball plan to boot these debts into oblivion.

Our end goal is to get rid of these debts and start saving for a deposit for a our first house as we rent at the moment.

Comments

  • jwil
    jwil Posts: 22,532 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Good luck :)
    "Good financial planning is about not spending money on things that add no value to your life in order to have more money for the things that do". Eoin McGee
  • Thought i'd update my debts to date they've grown strangely....:mad:

    Capital One £658
    Capital One (OH) £2416.62
    Very:mad: 2419.15
    Next 830.35

    I paid a massive 686 on Capital One this month and that will hopefully be paid off next month. I've confiscated the next card off OH and will return it once next is clear (Tough love I call it).

    OH Capital One is next on the chooping block in September:j
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