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first debt gone!
Lucy1982_2
Posts: 4,611 Forumite
Just thought I would start a little thread as I have paid off my first debt!! :j
The store card only had a balance of £30.11 but an APR of 16.9% and it has now gone. Vanished, disappeared and gone !!!!!!!
I'm very excited. Once the money had gone from my account I'm going call them and cancel the card.
Will then have a big card cutting ceremony! :T
But what makes this even more exciting is the fact that I have manage to cut my car insurance by £31 a month today
Which means in one morning I have managed to find another £61 to throw at the rest of my debt :j hopefully this means I'll be able to get a good lump off my overdraft if I'm careful this month.
I just wanted to share my excitement with everyone and say a little thankyou for getting me this far.
Thanks everyone your all little stars :T
The store card only had a balance of £30.11 but an APR of 16.9% and it has now gone. Vanished, disappeared and gone !!!!!!!
I'm very excited. Once the money had gone from my account I'm going call them and cancel the card.
Will then have a big card cutting ceremony! :T
But what makes this even more exciting is the fact that I have manage to cut my car insurance by £31 a month today
Which means in one morning I have managed to find another £61 to throw at the rest of my debt :j hopefully this means I'll be able to get a good lump off my overdraft if I'm careful this month.I just wanted to share my excitement with everyone and say a little thankyou for getting me this far.
Thanks everyone your all little stars :T
Current debt - £16,300 
Debt at worst 17/03/2011 - £18,067.62:eek::eek:
:ANot going anywhere else, ever again :A
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Comments
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Congrats Lucy! Great feeling, isn't it! Pennies make pounds.
Official DFW Nerd Club - Member no. 358 - Proud To Have Dealt With My Debts!0 -
Well done! It soon gets addictive being able to pay off the debts one by one... it's a great feeling! :TTotal 'Failed Business' Debt £29,043
Que sera, sera.
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£30 is £30. Size of the debts do not matter.
Good for you and long may it continue!Official DFW Nerd Club - Member no. 297 - Proud To Be Dealing With My Debts0 -
It's a wonderful feeling - nearly as good as choclate! And less calories!Current debt - £16,300
Debt at worst 17/03/2011 - £18,067.62:eek::eek::ANot going anywhere else, ever again :A0
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Well done Lucy, one down....Resolution:
Think twice before spending anything!0 -
5 to go. I finally told my Mum about my debts and she has set me a challenge. She wants me to pay off my other store card. Balance about £433 (APR 24.9% OMG!!!) and at least half of me overdraft by the end of the year. So I'll keep in touch and up dating my diary to let you all know how I get on.
But the support here is amazing and I just wish I had found you all sooner.Current debt - £16,300
Debt at worst 17/03/2011 - £18,067.62:eek::eek::ANot going anywhere else, ever again :A0 -
Well done you!! doesnt it feel great. keep us updated!june debt totals:
Citifinancial £11700
Morgan Stanley £860
Capital one Mastercard CLOSED
Capital one visa £1676.3
Halifax £6650
Barclaycard CLOSED
Abbey £1756.85
Dad £6625
Mbna £2282.20
Total £31550.35
£1000 in 2mths challenge £228.190 -
Great Stuff, really happy for you.I am full of joy, abundance, wealth and love.I am a money magnet. Money comes easily and frequently.Canada excursion fund £1243/2500£10000 from £100 challenge £0/£10,0000
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Well done you! And you know how good it feels now, so it's not so much the amount (though every little helps of course!), it's the inspiration as well!0
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This is true and the way I am looking at it I now have another £30 to throw at the rest of my debts, which means they will hopefully be paid off even quicker.Current debt - £16,300
Debt at worst 17/03/2011 - £18,067.62:eek::eek::ANot going anywhere else, ever again :A0
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