Pay ALL your debt off by Xmas 2014!

minicooper272

Well done BrightPurple for clearing the DMP!

And well done jonesy for becoming debt free! I will dig out the roll of honour in a sec...

P.S. Jonesy, you're now #207 for the OH's debts

minicooper272

Debt Free Roll of Honour 2014!

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:j #002 Jonesy88 Paid £3,500 :j

:j:j:j:j 17th July 2014 :j:j:j:j


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amr547

#11: £2,651 / £6,000

minicooper272

Trying to work out finances for the rest of the month, and it's not looking very positive!

I will have my usual pay packet to live off of next month, but it will barely cover everything it needs to. In September I will have a reduced pay packet (though that means a slightly bigger pay in October). I then have a holiday in November and suddenly it's Christmas!

In terms of this challenge, I will be able to make a payment in October. But only if I manage to pay off what goes on my credit card to help me get through August and September....

minicooper272

Just going through to update the spreadsheet - Gunwharf - congrats on breaking the £10k mark!

amr547

minicooper272 wrote: »

Trying to work out finances for the rest of the month, and it's not looking very positive!

I will have my usual pay packet to live off of next month, but it will barely cover everything it needs to. In September I will have a reduced pay packet (though that means a slightly bigger pay in October). I then have a holiday in November and suddenly it's Christmas!

In terms of this challenge, I will be able to make a payment in October. But only if I manage to pay off what goes on my credit card to help me get through August and September....

i'm in my overdraft again because a payment comes out monday and i don't get paid until wednesday! i've had to make two payments this month from the same payday so it's !!!!!!ed me up a bit.

i think this month (ie. payday on friday) will be OK though, we're on holiday for a week (so no food shopping or petrol costs) and obviously have spending money set aside. we are full board though and have pre-booked two trips - so i don't anticipate spending too much!!

when we come back, any spares from the spending money (hopefully plenty left!!) will be my back up buffer in my current account and i'm hoping to make a payment to one of my debts too, there's only £325 left on it so i'm nearly there.

minicooper272

amr547 wrote: »

when we come back, any spares from the spending money (hopefully plenty left!!) will be my back up buffer in my current account and i'm hoping to make a payment to one of my debts too, there's only £325 left on it so i'm nearly there.

Yeah, it's always better to go out with more money than you think you'll need. There's always something you didn't account for when you come back, so it comes in handy!

I've been through my new contract, and I'm going to shift from and end of the month pay day to the 27th (handy as that's the day I'll come back from holiday), I think that's going to be a bit of a mind shift though...

amr547

minicooper272 wrote: »

Yeah, it's always better to go out with more money than you think you'll need. There's always something you didn't account for when you come back, so it comes in handy!

I've been through my new contract, and I'm going to shift from and end of the month pay day to the 27th (handy as that's the day I'll come back from holiday), I think that's going to be a bit of a mind shift though...

Yeah, like OH's car tax due at the end of August :mad:he could still get a new job before then i suppose :rotfl:

i get paid on the 27th, its quite good. OH gets paid on the 23rd. used to get paid on the 15th which was a nightmare as most bills come out arouund the 1st!

minicooper272

amr547 wrote: »

i get paid on the 27th, its quite good. OH gets paid on the 23rd. used to get paid on the 15th which was a nightmare as most bills come out arouund the 1st!

Well based on the time of the month I'll be moving, my rent and bills will all be coming out around the 20th. I think we'll just sit in a dark house with no internet for a week to give it time to catch up to when we'll be getting paid...

Jonesy88

Thanks for the congrats everyone
Hope to start taking chunks out of the OHs debts in August.