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Going to get there someday...
6Penguins
Posts: 19 Forumite
So I've made myself a little debt diary so that I can look back and see the good days through the cloud of all of the bad money grabbing ones!
Myself and my man want to get the debt cleared so we can move into a place of our own (or at least partly own - we're not in a position to be fussy!).
Without doing extremely precise calculations, we estimate that it will be 2 years to pay off the debt (~£12000) and then 3 years to get a deposit together (~£20000).
By that time I will no longer be a student (just at the beginning of a 4 year degree) and BF credit history will be clear. We will both be 32 and finally able to start our much yearned for family - and if that isn't enough of an incentive I don't know what is!
Myself and my man want to get the debt cleared so we can move into a place of our own (or at least partly own - we're not in a position to be fussy!).
Without doing extremely precise calculations, we estimate that it will be 2 years to pay off the debt (~£12000) and then 3 years to get a deposit together (~£20000).
By that time I will no longer be a student (just at the beginning of a 4 year degree) and BF credit history will be clear. We will both be 32 and finally able to start our much yearned for family - and if that isn't enough of an incentive I don't know what is!
* Be happy, be heart shaped, sparkle and shine *
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Comments
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List of things that must be paid - estimated figures as BF is not here with his input.... will update this evening!
£1600 - Barclay Overdraft (G)
£1500 - Barclay Overdraft (B)
£1500 - Capital One (G)
£1400 - Capital One (B)
£4000 - Barclay Card (B)
£2000 - Virgin Card (B)
£42 - Very (B)* Be happy, be heart shaped, sparkle and shine *0 -
December:
*Minimum payments on all cards
*Clear Very account and make it disappear forever
*£600 off of G overdraft* Be happy, be heart shaped, sparkle and shine *0 -
hi there. welcome to your shiney new diary
good luck on your journey Facing up to things - nov 2012 total 9334.95
back to work after baby -Jan 2014 - total [STRIKE]6905.28 [/STRIKE](1 credit card) £3535
Debt Free Date March 8th 2017 (31st birthday)0 -
New challenge to add to paying off debt... My BF proposed to me 2 days ago so we are now also planning a (budget) wedding!!
Excitement!!* Be happy, be heart shaped, sparkle and shine *0 -
Excitement indeed
Keep posting!I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
One debt remaining. Home improvement loan.0 -
Congratulations on your engagement :T and your shiney new diary.
Lots of luck on your journey, I will subscribe to your thread so I can watch how you get on.
xx0
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