The "Pay ALL your debt off by Xmas 2012" challenge - PART 3!!!

choclover

EyesWideOpen wrote: »

Hi all,
I have just checked my one cc balance which is £4119 (massive isn't it!). I am currently paying about £83 minimum payments a month and would increase this to at least £100. However, I do have a fixed ISA which is becoming available (no longer fixed) end of May which could cover the entire cc balance. So that would be one debt payed off leaving me with a personal loan, overdraft and another two cc to deal with. What do you all think? Should I use the rainy day fund to cover the cc? I assume that is the right thing to do in these circs isn't it? So hard to part with savings though...

It's a toughie, although paying it of would give you that extra money to pay towards you're other debts, or you could even put £50 to debt payments and £50 to savings to build it up again.

Barbeduk

kerri_dfw wrote: »

Parking fine, pay £55, do not pass go, do not collect £200, go straight to owingf more people money because the warden got there at 2.01pm and the space is free until 2pm.

Kerri cross!

Aaaaaaagh!
There truly is nothing worse than a ticket. Got 2 last year, £50 spent on fresh air! Was really p****d off with myself.
Jakes-mum, glad you've got the antibiotics, hope you feel better soon.

jakes-mum

antonia1 wrote: »

Arg! I don't know what to do! I'm not supposed to be having any holidays this year because of my debt-busting, but my brother has found a deal for three nights 5* in Rome in July for £300. That £300 should go towards debt, but I really wanna go to Rome!

Also - is it possible to catch tonsillitis over the internet?! My throat has started really hurting (jakes-mum ).

Now Antonia, dont you go blaming me for sharing the love :rotfl: I thought we were all in this together, if im ill im gonna share it with the rest of you, its only fair

Its not a case of having to pay every penny you earn to the CC's its can you afford to go without paying with someone elses money (the holiday and spending money) whilst still paying your debt payments? No-one can answer but you . Taking a bit of your money for you is not falling off the wagon, or taking a step backwards, its rewarding yourself for your own hard work (wise words nicked from Kerri there ) going, using someone elses money without a second thought is falling off the wagon.

psychopathbabble wrote: »

Jakes mum hope you feel better.

Didn't get the flight ops job But just found out I'm getting a refund of nearly £90 from the water company, yay.

I am feeling a bit better today, so sorry about the flight job but as I always used to say to DH when he got a no letter, 'fate is telling you its not the right job for you, but your right job is coming ever closer, you just have to keep walking toward it'

psychopathbabble

jakes-mum wrote: »

I am feeling a bit better today, so sorry about the flight job but as I always used to say to DH when he got a no letter, 'fate is telling you its not the right job for you, but your right job is coming ever closer, you just have to keep walking toward it'

I am a firm believer in things happening for a reason... I have been researching teaching again today, it's something you have to plan for in advance so it's probably the right time for me to investigate properly, especially as there is an open day at the local uni on 28th april

Mrs_Addicted_to_Spending

Mrs Addicted - Can I come sort out ebay stuff for you? its one of my favourite pasttimes :rotfl: :rotfl: cant guarantee that everything thats put on the sell pile will be stuff you dont want though


Yes please Jake's Mum - you can come and sort out my cupboards anytime and if I have anything worth selling on e-bay let me know as I can't think of anything myself . Except perhaps some of my clothes which I need to wear otherwise I will scare people :eek:.

minicooper272

Kerri - I've been trying with the spending diary, but always forget to keep up with it after a few days... Will keep trying!

Antonia - I know the feeling but don't do it, Rome will probably be like London spending money-wise!

Jakes-Mum- I wouldn't dare break it :A

This group has already been a good luck charm - I went into work today to find I've been given a pay rise!! Not much, but every little helps... Between this and the higher tax allowance, that's £25 more a month! Drinks are on me!! (only because they're free mind)
:beer::beer:

Barbeduk

:beer: Cheers Mini :beer:
Congrats on the pay rise:D

Mrs_Addicted_to_Spending

Welcome to the thread Minicooper272

Jake's Mum and Kerri and anyone else ill - hope you feel better soon *hugs*

I have good news and bad news. The good news is that my DH has found another job which is good as a couple of months ago we found out his current job will be gone by June. However, the bad news is that he will be paid £2,000 less a year and will incur petrol costs much higher than his current public transport costs. This means that, barring miracles, we won't be able to pay off our debt by Christmas
. (And it means I won't have a car as we only have one between us - boo hoo!).

However, I know we should be very grateful that he has a job as lots of people are out of work atm. But it's disappointing when I thought we'd be debt free by Christmas

floridafairy

Mrs_Addicted_to_Spending wrote: »

Welcome to the thread Minicooper272

Jake's Mum and Kerri and anyone else ill - hope you feel better soon *hugs*

I have good news and bad news. The good news is that my DH has found another job which is good as a couple of months ago we found out his current job will be gone by June. However, the bad news is that he will be paid £2,000 less a year and will incur petrol costs much higher than his current public transport costs. This means that, barring miracles, we won't be able to pay off our debt by Christmas
. (And it means I won't have a car as we only have one between us - boo hoo!).

However, I know we should be very grateful that he has a job as lots of people are out of work atm. But it's disappointing when I thought we'd be debt free by Christmas

Yep we're in the same boat, mine got laid off a couple of months ago and luckily found work within a week but we're £800 a month worse off!! I'm really wondering what we were doing with that extra money now I have been working lots of overtime and we're getting by lovely but am going to tackle the 3 grand overdraught next year now instead so have lowered the amount i'm going to try and pay by xmas, good luck x

floridafairy

Evening all,

Well i have had quite a productive day, Have finally listed a few bits of ebay and have put a claim in for mileage reabate and a washing my uniform rebate to the inland revenue, Don't know what i'll get for the uniform but should get almost £500 for the mileage :j
Well done on all the debtbusting, Looking forward to updating next week for the first time in ages due to using the dreaded CC when DH lost his job