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Going to HALVE my debts by age 30!

Deep breath! Ok.
I have been reading the forums on and off for roughly 6 months now. I have decided I want to halve my debts by the time I reach my 30th birthday. I think this is a realistic figure to aim for - my total debt is roughly £18,000. (Will have proper count-up when I have heard back from all my creditors with accurate balances and add to my signature!). My 30th Birthday is 12th July 2009.

By my reckoning, that gives me just under 26 months to reach my goal of £9000 (approx). Please feel free to correct me if I'm wrong in any of my workings out - my fiance (ex-accountant!) despairs of my maths sometimes!!:o

If I can pay off any more by then - brilliant!

Will check in regularly and keep you posted on my progress. Wish me luck!

Kat x
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Comments

  • poppy_f1
    poppy_f1 Posts: 2,637 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    good luck and fingers crossed for ya :)
  • Hope78
    Hope78 Posts: 755 Forumite
    Hi Kat

    Sounds like you're motivation has been similar to mine. I saw 30 looming - July 2008 - and decided that I had to get a grip on things! My debt is far higher than yours but like you trying to clear as much as possible for the 'Big 30'. Perhaps naively I see that as me becoming a real adult.

    Good luck and keep us all posted!
    Hope x
    LBM 03/07 £44k:eek: DFD 31/12/17 :A 12/17 £2545.50
    Credit Card £2500.00 & Next £45.00
    Savings = £81.21 & Help To Buy ISA = £4700.00
  • babes21
    babes21 Posts: 1,665 Forumite
    Good luck Kat x
  • GirlRacer_2
    GirlRacer_2 Posts: 3,026 Forumite
    Really hope you achieve your goal Kat, you certainly seem to be determined. Good luck x
  • teecee152
    teecee152 Posts: 782 Forumite
    Part of the Furniture Combo Breaker
    Good Luck Kat!
    I'm sure you will do it, you sound like you are very determined.:D
    DEBTS @ :idea: 1/1/07 - £25,800:eek: DEBT @ 04/05/11 - NIL
    FINALLY DEBT FREE - 4TH MAY 2011:j:j:j:j:j
    "PROUD TO HAVE DEALT WITH MY DEBTS"
    Official DMP mutal support club member no 2 *DFW NERD 351* :D
  • slowlyfading
    slowlyfading Posts: 13,429 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Good luck with it and keep us posted :)
    sf x
    Be who you are and say what you feel because those who mind don't matter and those who matter don't mind.
    Personal Finance Blogger + YouTuber / In pursuit of FIRE
  • kat79
    kat79 Posts: 115 Forumite
    Part of the Furniture Combo Breaker
    Thanks everyone! I think that as my fiance and I are planning on getting married in the next 2 years, and we're buying our first house together (well, he is, Mortgage companies tend to laugh and point if I ask them to lend me money!) I thought I should get to grips on my finances so that I can pay my share. Don't want him to think I expect him to pay for everything!
  • taxi73
    taxi73 Posts: 20,815 Forumite
    hi there and good luck...it's great when we have our LB moment..isn't it? If you post a SOA we may be able to help you save some money...good luck xx
  • kat79
    kat79 Posts: 115 Forumite
    Part of the Furniture Combo Breaker
    SOA? Sorry don't know that one!:confused:
  • kat79
    kat79 Posts: 115 Forumite
    Part of the Furniture Combo Breaker
    Forget that! Just read the sticky post explaining it! OOps!:o
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