300,000 2p's needed to get out of debt

Roodles · 11 January 2013 at 10:30AM

I have been neglecting the moneysaving, which has disappointed me so early on so here is whats happening.

My car got written off, we have bought a new car(thanks mum and dad) whilst waiting for the insurance settlement. This came in wednesday and thank goodness it was a good amount so we accepted.
Was meant to be picking up the new car today, but its not ready yet

ummm the money hubby was meant to pay off, he hasnt yet, he says he will do it tommorrow (he is a bit of a putter-offerer) so when he does that we can FINALLY do a balance transfer.

We looked at the utilities and switched our phone and line rental to Sky for a good offer which will save about 15 pounds per month.

Trying for a NSD today. had one yesterday (but only because my mum bought me a loaf of bread)

Roodles · 31 May 2013 at 9:49AM

Right im back... long break lots has happened (jobs, redundancy, not redundancy, misscariage

and oh um life?) not much moneysaving but i am back and determined and setting myself a deadline of December 2013 to clear the debt, here is an update from where we started.

Our debts are one credit card £2009.89, two overdrafts £1710.49 and £644.71

so as you can see we paid of the person and onto the credit card and thats about it. The credit card is 0% so that is lowest priority the one overdraft is free too. but the £1700 one is not, i pay £50 a month towards it and £30 of that is lost to fees and interest!!!!! so this is my target now, see how fast i can pay it off!!

Hope someone is still out there to help cheer me on.