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Not been on for a while
leni
Posts: 942 Forumite
Hi peeps, I've not been around much this year and thought I'd give a quick update!
Well in March 2006 I had my lighbulb moment and we owed £9429.97 on credit cards, kitchen finance and car loans.
We were doing fantastically well but in December took out another car loan and bought a new sofa on 0% finance! so our debt at the anniversary of my LBM was £6658.31
It currently stands at £4671.59 and as you can see below out credit card debt is almost gone! The car loan has 2 years left to run although we are aiming to pay this off quicker and the sofa is 0% until December when we intend to pay it off (currently have £1000 in savings)
Although I must admit we have been abit lax in holding onto the purse strings and are already £300 overdrawn and payday is not until friday. The good things is that my cake business from home is now set up and I have £75 of orders this month, £80 next month and £150 for August and orders are coming in weekly!:T
so theirs my update, if it wasn't for the car loan and sofa we'd have been debt free in Jan! tut:rolleyes:
Well in March 2006 I had my lighbulb moment and we owed £9429.97 on credit cards, kitchen finance and car loans.
We were doing fantastically well but in December took out another car loan and bought a new sofa on 0% finance! so our debt at the anniversary of my LBM was £6658.31
It currently stands at £4671.59 and as you can see below out credit card debt is almost gone! The car loan has 2 years left to run although we are aiming to pay this off quicker and the sofa is 0% until December when we intend to pay it off (currently have £1000 in savings)
Although I must admit we have been abit lax in holding onto the purse strings and are already £300 overdrawn and payday is not until friday. The good things is that my cake business from home is now set up and I have £75 of orders this month, £80 next month and £150 for August and orders are coming in weekly!:T
so theirs my update, if it wasn't for the car loan and sofa we'd have been debt free in Jan! tut:rolleyes:
DEBT FREE for the first time in 10 years and with savings!
1st Baby due May 2011
it's a BOY:j0
Comments
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hello, leni good to see you again and to see you debts are decreasing. And as you say you could have been debt frre in jan if it wasnt for the sofa and car loan, but what would you be driving if not and sitting on with a big mug of tea!😁0
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