Debt free by 40 -- 19 Months and counting

baglady1

Hi Steph, I love your charts - as a closet list maker I think they're great! It sounds like a good idea to tackle the "Debts with Big Interest " first as the Littlewoods one is so small (relatively speaking) now you could practically knock that one over with incidentals, bits of change etc. Am I remembering correctly that the interest on that one is frozen? I think this year you could make a massive difference early on by tackling the Tesco's & Coop or maybe even the Virgin one as it is a larger amount than the Coop. Whatever you decide to do you are in a much better place than this time year. I hope you have a lovely New Year. We are in as well, will probably watch the kids fireworks from home (have a good view of the harbour in Hobart) at 9.30pm. Will probably be asleep before the big ones at midnight!
Cheers Bl1

StressedSteph

Eager_Elephant wrote: »

Just spent the last few days reading your diary - you are such a determined and inspirational lady:T

Fingers crossed you can clear the rest of the debt by December 2015 - I reckon you will manage it by October!!

Hi EE,

Thanks for stopping by, thanks so much for ploughing through my diary, its a tough read in places with all my moaning .

I would love to kill off all the debt before Christmas, but if it is just all gone by 2016 then i will be happy.

Hope you have a fantastic New Years Eve. xxx

misstara wrote: »

Hi Steph,

Hope hubby notices the snowball chart and you can have that conversation - fingers crossed.

Love your colouring in chart, that's a great idea for motivation. I'm very obsessive about updating my signature and calculating % paid. I find that really keeps me on track as I love seeing the % paid go up even if it's 0.1%.

In case I'm not back on before then, hope you have a good time tomorrow night and happy new year x

Hi MissT

Thanks for posting. I am the same, I really enjoy the moment i get to update my signature with new totals etc. :)

Have a wonderful New Years Eve. xxx

baglady1 wrote: »

Hi Steph, I love your charts - as a closet list maker I think they're great! It sounds like a good idea to tackle the "Debts with Big Interest " first as the Littlewoods one is so small (relatively speaking) now you could practically knock that one over with incidentals, bits of change etc. Am I remembering correctly that the interest on that one is frozen? I think this year you could make a massive difference early on by tackling the Tesco's & Coop or maybe even the Virgin one as it is a larger amount than the Coop. Whatever you decide to do you are in a much better place than this time year. I hope you have a lovely New Year. We are in as well, will probably watch the kids fireworks from home (have a good view of the harbour in Hobart) at 9.30pm. Will probably be asleep before the big ones at midnight!
Cheers Bl1

Hi Baglady,

Littlewoods, Barclays & Virgin are all interest free. Hopefully just by paying my minimum payments Littlewoods will be gone in the next two months.

I would love to get rid of Barclays but as they have been kind enough to freeze all charges and interest then I should really kill off Tesco's as a priority. thats costing me a average of £80 pm :eek:.

Co-op is also charging interest and as its small I felt it would be nice to kill that off as a priority and then move onto Tesco.

i could never have tackled bigger debts first last January as debt busting was all so new to me. But now I am an old hand at it, I feel I can cope with the slower progress of paying off a large debt first, just to see the interest amounts getting lower.

Have a lovely New Year Eve watching the Fireworks. Wish we had some here we could watch but we are miles away from anywhere.

Speak soon xxx

mummytogirls

Loving these spreadsheets Steph!!! xx

StressedSteph

mummytogirls wrote: »

Loving these spreadsheets Steph!!! xx

Haha think I was posting on your diary as you were posting on mine .

Gotta love a spreadsheet

StressedSteph

Hmmm just had a little idea about my envelope system for the new year.

Dd does Gymnastics every Monday night in our nearest large town (15 miles away).

She insists that I stay to watch her, but straight afterward while I am in town, I could pop to do my £60 cash envelope Tesco/Lidl shop and also get my weekly budget for fuel as it is tonnes cheaper in the big town than the small village fuel stations I end up using.

This is perfect as it is a Monday so its the start of the week and as I am already in the town it isn't using any extra fuel. :T:T

Off to check what time Lidl closes at night = yay its open till 9pm

Chrysalis1976

Love all your charts they look great even better seeing them filled in, well done on all your achievements you have done so well and even had a little break to boot.

I have a chart to save for our holiday and one for dd bedroom to finish decorating, the kids then designed around the chart and each square is £25 which they can colour in as we add the funds to each envelope.

Sounds like a good idea to do your shop when in town on a Monday and will definitely save on fuel.

All the very best for 2015 I can feel it in my bones that you will have a great year!

C x

Disco_Dolly

Just catching up on your diary Steph and your signature is fab, you have done amazing work in a year! You are my inspiration.

I also love your spreadsheets and charts, I'm quite a visual and numbers person myself so have spreadsheets on the go but I am definitely going to rob your chart idea and print it off and stick in my wallet. I want to get down to below 10k debt by year end so each square would have to be €70, love this idea!


Best of luck for 2015 and Happy New Year (PS I am 40 this year also)

tootallulah

All the planning sounds so organised Steph, it is definitely going to be your year in 2015. Healthy and Happy New Year to you and all your family.

mummytogirls

Happy New Year Steph xx

Buffythedebtslayer

Flying visit to wish you a Happy New Year


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