Financially Free by 31.12.2013

Shelbi

Paper work sent off! wheyhey!!...Unexpected cost of £195 fine (weeps inside) darn parking fine...this month proving slightly difficult...esp with unexpected expenditures still gotta keep going I guess..brighter notes ahead..student loan almost paid off apparantly only $46 outstanding next month so hopefully they just take that & not over..still I can reclaim if they do so not too worried. Which will be a monthly saving of £131 going forward. Straight on the cc or into savings thats the challenge im facing, well see when it arrives I guess.

Really need to start thinking of more ways to generate more income...July will be a challenging month..it always is.. namely my car insurance is due, the girlies and I are going away (last minute booking- im hoping for no more than £400 all in) not too mention ive started seeing someone (early days) but that brings hidden costs in itself..extra maintaince in the beauty department, hair, erm new under garments..eventually loool:rotfl::rotfl::rotfl:

Typical...Cant have your cake & eat it right...well Ill be eating cake & I want a serious big slice...time to hustle!! A plan is surely needed...Aim is too kill debt but too also live a little...is this possible? ..guess ill see;)

NinjaSavingKat

Shelbi wrote: »

......... inspired to clear all my debts by the end of the year. I had originally thought to clear one card approx. £3000 but after reading Ultimate challenge 457/ £16600k I have been inspired to do all in my power to get debt free and clear the lot before the end of the year…

I am SO proud of you!! What a wicked dcision to make! Well done to you... you should have mentioned it on my thread and told everyone. I am subscribed, watching and lurking! Keep up the great work!!!

Shelbi

:hello:Hi NSK

Thank you so much!! you guys really inspired me massively, im always lurking & reading your thread...they always gives me the extra umph to help me kick this debt into touch & curb my spending..Thank you!!!...Heres to Debt Free Status!!:beer:

Shelbi

Ok so have had a really naughty weekend..celebrating the birth of my nephew I seemed to have lost both my mind & my purse strings...leading to serious collatoral damage...it wasnt very MSE at all and i manage to reset the clock..I spent a whopping £660.05 on clothes, drinks, food takeaways & a course:eek:. So basically I single handedly reset all my hard work....still im undeterred that I am going to kill this debt....I just need to remember that should leave the credit cards at home..not to make decisions when im really happy!! Feels like im at confession.:o

Ok So thats out of the way lets air some positives- wrote to Orange to cancel my brothers phone contract (I pay both his & mine atm) so as of 28th next month I should be at least £70 richer (1% on the grid).

I also did the budget on MSE and it stated that the difference between my income & outgoings is an underspend by £1256. Im not 100% sure thats true (it cant be) & am now wondering what im doing with it all. So tonight I will do a budget & look at my bank statements and work out what on earth is going on. If I can pay this to my cards each month I can certainly hit my goal & be debt free by 31 December 2014. I will post up tomorrow. ...guess ill be back with a plan... have a good evening guys:cool2:

Shelbi

Ok so heres my Forecast for July spend, I have to do it month on month. but this is my budget for July salary...

Salary - post tax/NI/Pension/salary deductions

1,875.73

Savings

187.57

Mobile -1

72.91

Mobile - 2

21.17

Rent/Mortgage

260.00

monthly travel top up

30.00

Car Insurance

100.00

Council Tax

80.00

natwest card payment- 0% bal June 14 -Min pay

31.00

purse money

30.00

Beauty- hair nails, eyebrows etc

15.00

petrol/car clean etc

40.00

B piano lessons

14.25

shopping - Food

80.00

contact lenses

10.00

Credit Card Payment (barclaycard)- 0% Dec 14-min pay

90.00

other costs- ebay/postage/national lottery

9.00

Daily living totals

1,070.90

TOTAL

Total expenses

1,070.90

Income less expenses

804.83

Credit Card Payment - extra cash + min payments paid

925.83

I figure that I will need to make payments of £1147.76 for the next 6 months to ensure my revised target. I can always use the savings put aside & axe luxury spends like purse money/ beauty etc...but hopefully the shortful can be made up from ebay sales and other income.
An NSD today so far so good, had a packed lunch- salad & managed to get to yoga class, feeling pretty good considering. Must confess am fiending for a chocolate bar, even a freddo would suffice but as there is only a waitrose nearby and im on an NSD ill just have to leave it...probably do me the world of good anyway

Shelbi

so have been looking online for car insurance, did a pre check last month & it seems its decreased by £100. Also if I pay in one go its £130 cheaper, so bulk payment it is, going to have to wack that on the credit card.and split the payment by 6 to ensure its clear by Xmas. going to continue loooking Im interested to see what my current provider is willing to charge, its due for renewal 26th so im hoping their offer comes soon, so I have enough time to cancel if its not low enough. Though im sure it will be...positive thinking and all :j...*fingers crossed*

Sunflower27

Hello shelbi,

Wow just come across your thread. You are doing amazing.

I am also in the same boat as you, you have made me feel like yes this is possible:)

I will keep looking for your updates.

Sunflower

rafael77

Hi Shelbi, I whish you luck in your project, you are doing very well!!

MrsSmith2013

Hi Shelbi - just thought I would pop over to your diary to say hi to you here! I think our totals are around the same, so we have similar amounts to pay off, hopefully we can keep each other motivated - something I sometimes lack in!!

Shall go and subscribe and talk to you soon! x

Shelbi

Hi Sunflower27 & rafael77 :wave::wave: nice to meet you both...thank you for the messages, really helps when you know someone is watching your progress..Im getting there slowly, taking 2steps forward & one step back :rotfl:but i guess thats what makes it a challenge. Sunflower27 you so can, if i can then anyone can...come on lets banish some debt.:beer:

Ok so today was a NSD but I bought some malteasers to replace the ones I ate from my colleagues stash yesterday the temptation got to me, erm does that count as an essential spend:question: Id say it does & it wasnt for me. I did a transfer from my NW to my BC, Thus clearing space on my nw to pay for my car insurance. both are 0% but nw is 0%purcahses and I get yourpoints on them which will help pay for pressies. the transfer charge was £68 :eek: but Im still saving the £62 if i get the deal ive found & pay bulk rather than monthly. also means by Dec13 ill owe nothing to noone which would be nice the only dd i want to see coming out of my account is my mobile rental, rent & counciltax. The rest will be mine mine mine:D:D..aww happy thoughts!! plus all my debt will be on one card so i can happily watch it shrink bit by bit..or chunk by chunk *optimism levels are high today*:j

So by my calculations im going to need to pay £1178.15 per month ill change my signiture to reflect this & it will help egg me on and make the payments..im going to need to get creative indeed. This weekend will be spent uploading to ebay, making space & pounds:T..hope everyones having a fab day..:o