Help needed in my concerted effort to get debt free!

Dumbledore55

December Update

CREDIT CARDS

HSBC - £710 - £15 per month – 0% until 22nd December 2006 – 13.9% after

Macmillan - £572 - £12 per month – 0% until 5th January 2007 – 12.9% after

Great Ormond St Hosp-£7380-£148 p/month – 0% until 23 March 07 – 12.9% after

Post Office - £6000 - £150 per month – 0% until 27th April 07 – 12% after

TOTAL £14 662

(Estimated Interest until debt paid off - £696.86, actual interest paid so far - £0)

Debt Free Date – April 2008


Emergencies/Sales Fund …………………….£70.20 (spent on MOT/Service)
Boots Vouchers (Cashback sites)…………….£35
Argos Vouchers (Cashback sites)……………£5 (£10 spent on birthday present)
M&S Vouchers (Tops Card)………………….£0 (£5 spent on Christmas presents)
Tesco Vouchers……………………………….£29.50 (spent £60 driving lessons for daughter for Xmas)
Nectar Points …………………………………7114
Tesco Points…………………………………..902
Airmiles……………………………………….923

moozie_2

Hello Dumbledore55

Just caught up with this thread which has been running for nearly two year! Very well done to you for persevering and for reducing your debt by a great amount in that time!

Hope you keep posting the updates and things continue to go well for you :T

Willsnarf1983

Just wanted to say well done Dumbledore, keep going and remember that whilst theren might not eb to many posts after each one of yours that people do read this in ernist!

Well done

Will

pink_fairy_7

Well done dumbledore below £15K.:T :T

Keep posting the updates

pink fairy xx

toontastic

I noticed you said you use the AA for break down and as people have said it's pretty important to have breakdown. However can I suggest you read this http://www.moneysavingexpert.com/cgi-bin/viewnews.cgi?newsid1094823518,14076, to save yourself a fortune on breakdown.

Also check this for MOTs http://www.moneysavingexpert.com/cgi-bin/viewnews.cgi?newsid1126540795,61463,

Dumbledore55

Thanks for your encouraging comments. I will be continuing to post on here if only for the fact that it focuses my mind, like the weigh-in at Weightwatchers!!

I can't believe how excited I feel about shaving one month off my estimated Debt-free Day!!

Dumbledore55

First post of 2007 and I'm determined to keep on with my battle to be debt free. Its taking a long time but now I'm beginning to see the debt reducing I can't wait to owe less than £10K.

One of the best things is that when catastrophe strikes, such as the catalytic converter falling out my car (last week), I'm not in complete despair any more, I'm managing to budget for the little disasters and still pay the monthly amount I want off my credit cards.

January Update

CREDIT CARDS

HSBC - £0 – paid off and sent back!!

Macmillan - £560 - £11 per month – 0% until 5th January 2007 – 12.9% after

Great Ormond St Hosp-£7230-£145 p/month – 0% until 23rd March 07 – 12.9% after

Post Office - £5700 - £143 per month – 0% until 27th April 07 – 12% after

TOTAL £13 490

(Estimated Interest until debt paid off - £680.48, actual interest paid so far - £0)

Debt Free Date – April 2008


Emergencies/Sales Fund …………………......£140.40
Boots Vouchers (Cashback sites)…………..£35
Argos Vouchers (Cashback sites)……………£5
Tesco Vouchers……………………………….......£29.50
Nectar Points …………………….......……………8879
Tesco Points………………………………......…..1705
Airmiles………………………………………............986

When my head recovers from the excess wine, I will do my annual check up on my bills to see if I can beat the cost of any of my utilities.

Also, looking for a new credit card to transfer what will be left on the GOSH CC in March - think I'll give Sainsburys a try, only 5 months interest free but - every penny counts.

Good luck to any new Debt Free Wannabees who join this year x

Dumbledore55

Oh no, been refused the Sainsburys CC - anyone know of any other 0% free BT credit cards I can try?

Dumbledore55

February Update

CREDIT CARDS

Macmillan - £0 – paid off and sent back!!

Great Ormond St Hosp-£7080-£142 p/month – 0% until 23rd March 07 – 12.9% after

Post Office - £5550 - £139 per month – 0% until 27th April 07 – 12% after

TOTAL £12,630 (43.8% of total debt paid)

(Estimated Interest until debt paid off - £680.48, actual interest paid so far - £0)

Debt Free Date – May 2008


Emergencies/Sales Fund …………………….£210.60
Boots Vouchers (Cashback sites)…………….£45
Argos Vouchers (Cashback sites)……………£5
Tesco Vouchers……………………………...£29.50
Nectar Points …………………………………8879
Tesco Points…………………………………..2798
Airmiles……………………………………….986

I've applied for a new credit card with Ulster Bank but haven't heard anything yet. Getting a little worried that I may not find a card to transfer my balance to come 23rd March.

However, happily watching my debt reduce so need to keep positive about how much interest I've avoided paying over the years.

Emmzi

DD, you are doing so well, not least in pure plongevity and determination!

Big pat on the back :-) Not sure where you can go on 986 airmiles!