Looking for a debt busting buddy matching the following criteria....

Determined_diva

Owe: £11,000
Wants to pay off per month:£750
DFD: Dec 2013

If anyone who matches above criteria would like to buddy up we could debt bust together as this is my life above as well!

DDx

La_escocesa

Hi DD,

Good luck with your challenge. Sounds like a similar amount to me per month but I've got a loooooonger way to go.

Each month I'll be paying £510pcm to a loan and £200+ to credit cards.

What is your tactic? Money straight out of your pay or are you trying to up your income to pay it off?

I'm doing surveys, mystery shopping and selling bits and pieces to get some extra dosh to go towards my highest interest credit card.

Hopefully it's doable and I can stay on top of the extra payments. Got some good news today in that my OH got a permanent job so I've got renewed motivation for hammering the debts rather than trying to keep any extra I make in case we need it for bills.

x

Determined_diva

Hey la escocesa!
We should still be buddy's I will keep rooting for you when I finish!

I got extra job so paying the £750 between full time salary and extra work! You ready for the challenge???!

andydgg

I'm sitting on 15k and looking to be debt free in under 2 years

Determined_diva

How are you planning on doing that andy? Are you cutting back or going to work more? Just interested on how others plan to clear debts.

I am going to do mine by cutting back. I do have a 2nd job as well which I want to save that so I have some emergency funds built up for myself

DDx

rising_from_the_ashes

Diva - was going to suggest you tried the POAMAYC in 2013 challenge ... think you might be doing already tho!

Determined_diva

Hey rising from the ashes! Yep I'm already signed up to the tune of. £10k eek!!

Really want to be DF by this time next year. I want to be like insertwittyname :-)

Hope you are on there too!!??

rising_from_the_ashes

I've been swithering about whether to join .... was a bit worried people would think I was (not quite sure how to put it) rubbing it in as I've only got a small amount to pay back compared to most.

I could pay it off from the boiler savings & my budgeting pots (so you could say on paper that I'm really DF) - but I really don't want to do this as these are budgeted amounts to pay for things IYKWIM?

Although it's small amount, it will take me probably more than a year to pay off as my budget is really tight.:(

mcjordi

i owe about 4k ish and looking to shift it within 18 months or so before im 30

Determined_diva

Rising from the ashes - JOIN!!! It's not how big your debts are its to focus on paying off what you can to get DF
Btw what does IYKWIM mean?

Mcjordi - why don't you join the pay off as much as you can 2013 thread as well?

mcjordi

iykwim = if you know what i mean.. and yeah i think i will